When should a housing society in Mumbai start considering re...
From GST on JDAs to SEBI’s REIT reclassification and the S...
Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
Anu Malik and his wife, Anju Malik, have sold two adjoining apartments in Santacruz West, Mumbai, for INR 14.49 crore. Located in Khushi Belmondo, the properties span a total of 233.64 square meters (2,515 square feet) and include two car parking spaces. The deal incurred a stamp duty of INR 86.91 lakh and registration charges of INR 30,000. The sale was officially recorded in February 2025, as per IGR documents. This transaction highlights the ongoing demand for luxury real estate in Mumbai's western suburbs, particularly in Santacruz West, where property prices have seen steady growth. The area's appeal is driven by its connectivity, proximity to business hubs, and increasing investment interest from high-net-worth individuals.
Music composer Anu Malik and his wife, Anju Malik, have sold two apartments in Santacruz West, Mumbai, for a combined value of INR 14.49 crore. Both apartments are situated on the same floor of Khushi Belmondo, a premium residential project in the area. Together, they offer a built-up space of 233.64 square meters (2,515 square feet) and come with two dedicated car parking spaces.
As part of the transaction, a stamp duty of INR 86.91 lakh was paid, along with registration charges amounting to INR 30,000. Documents from the Inspector General of Registration (IGR), reviewed by Square Yards, confirm that the sale was officially registered in February 2025.
This transaction is part of a broader trend of high-profile property sales in Mumbai's luxury housing market. Over the years, celebrities and business figures have invested in the city's western suburbs, including Santacruz West, which offers a mix of premium apartments and independent homes.
Santacruz West, in particular, has seen steady appreciation in property prices due to its strategic location and proximity to key business districts like Bandra-Kurla Complex (BKC). Improved infrastructure, such as metro expansions and better road networks, has further fueled demand.
Mumbai's luxury real estate sector has remained resilient, with high-net-worth individuals (HNWIs) and non-resident Indians (NRIs) actively investing in upscale properties. The trend of celebrities buying and selling homes in Mumbai's prime locations is evident, with notable figures like Hrithik Roshan, Janhvi Kapoor, and Alia Bhatt making recent property investments.
While there is limited publicly available information on Anu Malik's past real estate transactions, it is common for Bollywood personalities to invest in Mumbai's property market as part of their wealth diversification strategy.
The sale of Anu Malik's apartments reflects the broader trend of luxury real estate transactions in Mumbai. Santacruz West continues to be a sought-after location due to its upscale residential projects and strong investment potential. The growing demand for premium housing, fueled by celebrities, business leaders, and investors, reinforces the area's status as a prime real estate hotspot. Given the rising property prices and continuous infrastructure improvements, similar high-value transactions are likely to shape Mumbai's real estate market in the coming years.
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023