Bollywood veteran filmmaker Subhash Ghai made the headlines with a large real estate transaction, selling two luxurious apartments to Jogeshwari de Mumbai for combined Rs 11.61 crores. The properties, located in the speaker of the Splendor Complex Coop Housing Society Ltd., were discharged in March 2025 under his company, Mukta Tele Arts Private Limited. This decision by the “Showman of Bollywood” underlines the flourishing luxury properties market in the western suburbs of Mumbai and highlights Ghai’s strategic approach to his real estate portfolio.
Subhash Ghai sells Jogeshwari apartments for Rs 11.61 Brooses: Reports
A lucrative agreement in the Jogeshwari splendor complex
The two apartments, each recovering Rs 5.80 crushes, have an area of carpets of 889 square feet and an area of 1,067 square feet, reflecting a premium price in the competitive real estate scene of Jogeshwari. Registered with a stamp right of RS 34.83 Lakh per unit and registration fees of 30,000 rupees, transactions report a high demand for high -end residences in this well -connected locality. Developed by Oberoi Realty, the Splendor Complex offers modern equipment and proximity to the commercial and entertainment poles of Mumbai, making it a hotspot for wealthy buyers.
Why Jogeshwari? Mumbai rising real estate star
Jogeshwari, nestled in the western suburbs of Mumbai, has become a main residential destination thanks to its transparent connectivity via the Western Express Highway and Jogeshwari-Vikhrol Link Road (JVLR). With easy access to the animated commercial districts of Andheri and the Goregaon cinema studios, the region calls on the Bollywood elites like Ghai. The sale of these apartments to more than Rs 54,000 per square foot (built zone) reflects the growing value of the suburbs, driven by infrastructure improvements and an increase in the demand for luxury housing in 2025.
Subhash Ghai’s real estate gaming book
This is not Ghai’s first foray into the Mumbai real estate market this year. In February 2025, he and his wife, Mukta Ghai, acquired a sprawling 4BHK apartment in the Elite 81 Bandra tower for 24 RS crores, a purchase that included three parking spaces and a heavy stamp of stamps of 1.44 Rs. One month before, in January, the couple sold an apartment of Andheri for Rs 12.85 crores, praising a benefit of 47% of their investment In 2016 of Rs 8.72 crores.
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