Mumbai, the city of dreams, is not just home to Bollywood but also a thriving real estate market where stars invest and trade luxury properties. One such recent deal involves acclaimed actress Kajol Vishal Devgan, who has made headlines for selling her apartment in Mumbai’s upscale Powai locality.

Kajol Sells Powai Apartment for ₹3.1 Crore

Amid Mumbai’s dynamic property landscape, Bollywood actress Kajol has sold her 762 sq ft apartment in Hiranandani Gardens, Powai. The deal, officially registered on March 20, was sealed for ₹3.1 crore.

The property, situated on the 21st floor of Atlantis Co-Operative Housing Society Limited, includes two stacked car parking spaces and was purchased by Vrushali Rajnish Rane and Rajnish Vishvnath Rane. At a per sq ft rate of approximately ₹40,682 based on the RERA carpet area, the transaction reflects the premium nature of Powai’s real estate market.

A Strategic Move in the Property Market

This sale follows Kajol’s recent significant investments in Mumbai’s commercial sector. Earlier this month, the actress acquired a retail space spanning 4,365 sq ft in Goregaon West for a whopping ₹28.78 crore. The property, located in Linking Road, Bangur Nagar, was purchased from Bharat Realty Ventures Pvt Ltd, further strengthening her presence in Mumbai’s lucrative commercial property segment.

Expanding Her Real Estate Portfolio

Kajol has consistently been an active investor in Mumbai’s real estate scene. In 2023, she purchased an office space in Andheri West for ₹7.64 crore, covering a RERA carpet area of 194.67 sq m inside the Signature Building, Oshiwara, near Veera Desai Road. The same year, she acquired a luxury apartment for ₹16.50 crore from Bharat Realty Ventures Pvt Ltd, further expanding her footprint in Mumbai’s premium real estate sector.

Ajay Devgn’s Real Estate Ventures

Kajol’s husband, Bollywood actor and filmmaker Ajay Devgn, has also been making notable moves in the Mumbai property market. Last year, he leased out a commercial office space spanning 3,455 sq ft for a monthly rent of ₹7 lakh, adding to the couple’s growing real estate investments.

Future Investments and Expansions

With such strategic acquisitions and sales, Kajol continues to diversify her real estate portfolio, balancing residential and commercial assets. While her latest sale in Powai marks an exit from this particular property, her recent high-value acquisitions suggest a keen focus on premium commercial spaces in Mumbai’s bustling hubs.

Stay tuned for further updates on Bollywood’s real estate ventures and luxury investments.