Bollywood Actor Tiger Shroff Sells 2189 Sq Ft Khar Luxury Flat For Rs 15.6 Crore
Bollywood actor Tiger Shroff sold his luxury apartment in Khar for Rs 15.6 crore. The 2,189 sq. ft. property, located in the renowned Rustomjee Paramount complex, includes three designated parking spaces and has been registered officially this month on the Inspector General of Registration, Maharashtra website. This sale marks a notable appreciation on the property, originally purchased by the actor in 2018 for Rs 11.62 crore.
Khar remains one of Mumbai’s most sought-after residential neighbourhoods, known for its well-established infrastructure and prime connectivity. The area offers residents seamless access to the Western Express Highway, Bandra Kurla Complex, Lower Parel, and the upcoming metro corridors, making it highly attractive for homebuyers and investors alike. The sale of Shroff’s apartment underlines the continued demand for premium properties in locations that combine centrality, lifestyle, and connectivity. Experts note that luxury residential sales in Mumbai are witnessing steady growth despite broader market fluctuations. “Properties in established locations like Khar are performing strongly, with buyers seeking spaces that offer both lifestyle advantages and long-term investment security,” said a senior real estate analyst based in Mumbai. The Rustomjee Paramount development, in particular, has emerged as a benchmark for premium living with modern amenities, reinforced security, and well-planned layouts.
Financially, the transaction involved a stamp duty of Rs 93.6 lakh and registration charges of Rs 30,000. Analysis of the deal suggests the actor achieved a significant capital gain over seven years, reflecting the robust appreciation trends in prime Mumbai residential properties. Such transactions demonstrate that high-end residential real estate continues to serve as a lucrative investment avenue for celebrities and affluent professionals. From a lifestyle perspective, the sale also reflects the mobility patterns of high-profile residents who frequently re-evaluate their real estate portfolios to align with evolving personal and professional priorities. Officials note that luxury apartment buyers often consider factors such as proximity to workplaces, wellness infrastructure, and neighbourhood prestige, all of which contribute to sustained demand in areas like Khar.
While Mumbai’s residential market faces challenges in terms of supply-demand balance and affordability for mid-segment buyers, the luxury segment remains resilient. Experts attribute this to the city’s limited availability of prime land, consistent investor interest, and sustained interest from high-net-worth individuals seeking well-located, secure properties. The sale of Shroff’s apartment underscores the growing intersection of celebrity influence and real estate investment in Mumbai. For market observers, it offers insights into the valuation trends in top-tier localities and highlights how luxury properties continue to be a preferred vehicle for wealth creation and portfolio diversification.
Bollywood Actor Tiger Shroff Sells 2189 Sq Ft Khar Luxury Flat For Rs 15.6 Crore
