Bollywood Actor Randeep Hooda Buys 1,530 Sq Ft Versova Flat for Rs 5.63 Crore

Bollywood actor Randeep Hooda has purchased a premium 1,530 sq ft apartment in Mumbai’s upscale Versova neighbourhood for ₹5.63 crore. The property, located on the eighth floor of a cooperative housing society, adds to the list of high-value celebrity transactions in the city’s western suburbs. With growing interest from film personalities and professionals, Versova continues to solidify its place as one of Mumbai’s most sought-after real estate hotspots, thanks to its location, connectivity, and evolving urban infrastructure.

Located in Bianca Cooperative Housing Society, the apartment is part of a mid-rise development in the heart of Andheri West, one of Mumbai’s busiest micro-markets. The flat spans 142.19 square metres (approximately 1,530 sq ft) and the transaction was officially registered in June 2025, as per documents filed with the Maharashtra Inspector General of Registration (IGR). The actor paid ₹33.78 lakh in stamp duty and ₹30,000 in registration charges, consistent with Mumbai’s prevailing norms for high-ticket property purchases. Versova’s popularity among celebrities and media professionals continues to rise, largely due to its strategic location and strong infrastructure backbone. It offers seamless access to Western Express Highway, Link Road, and SV Road, as well as the Versova-Andheri-Ghatkopar metro line, making it ideal for commuters and residents who require fast access to Mumbai’s commercial centres like Bandra-Kurla Complex (BKC), Lower Parel, and Goregaon.

Over the years, Andheri West has transformed into a well-balanced real estate zone, combining residential, retail, and co-working environments. Versova, in particular, has emerged as a highly desirable address for professionals from the entertainment industry. This ongoing wave of interest is underpinned by a combination of lifestyle amenities, sea-facing properties, and proximity to film and television studios. Randeep Hooda’s purchase aligns with a wider trend where Bollywood actors, cricketers, and entrepreneurs are increasingly acquiring homes in western Mumbai. In the past few months alone, other celebrities have registered transactions in Oshiwara, Lokhandwala, and Four Bungalows—localities that, like Versova, offer a blend of premium housing and community living. These purchases reflect the growing appeal of suburban luxury markets over traditional South Mumbai zones.

Industry insiders observe that demand for Versova real estate has remained strong despite periodic market fluctuations. The cooperative housing model, which is dominant in the area, provides a unique blend of community ownership and privacy, appealing to buyers looking for secure and well-managed homes. Additionally, the area continues to benefit from municipal infrastructure upgrades and improved public services. The transaction also highlights Mumbai’s evolving housing dynamics. While South Mumbai maintains its historic charm and prestige, the western suburbs are increasingly emerging as investment destinations. This shift is being accelerated by better civic infrastructure, metro connectivity, and the redevelopment of older buildings into modern apartments. As a result, property values in areas like Versova have appreciated steadily, especially in buildings with amenities and proximity to the sea.

Real estate consultants tracking Mumbai’s luxury market suggest that such celebrity-led purchases create ripple effects in local real estate. They enhance the branding of neighbourhoods and raise buyer interest from non-celebrity investors who view these purchases as endorsement of the area’s potential. The presence of actors and artists adds a cultural cachet that no marketing campaign can replicate. Despite the high price tag, experts believe that the flat’s location, size, and building credentials justify the value. The property is expected to command a high rental yield as well, should the actor choose to lease it in the future. Rental demand in Versova remains strong, particularly among professionals in the creative sector who prioritise convenience, neighbourhood character, and quality infrastructure.

With Mumbai’s property market showing stable growth in 2025, particularly in the premium segment, this transaction underscores continued confidence among high-net-worth individuals (HNIs) in the city’s long-term prospects. Market watchers expect more celebrity and corporate-led acquisitions in the western corridor, with areas like Versova, Juhu, and Khar leading the pack. As Hooda joins the growing list of public figures investing in Mumbai’s evolving suburban skyline, it sends a message about the maturity of these micro-markets. No longer just satellite zones, they now represent a dynamic blend of luxury, livability, and long-term capital value. The Versova flat, with its strategic positioning and strong real estate fundamentals, may well prove to be a smart move in a market that rewards timely investments.

Bollywood Actor Randeep Hooda Buys 1,530 Sq Ft Versova Flat for Rs 5.63 Crore