Bollywood A-lister Sara Ali Khan and her mother, veteran actress Amrita Singh, have exhibited a keen eye for real estate investment. The mother-daughter duo recently expanded their portfolio with the acquisition of two commercial office spaces in Mumbai’s Andheri West for a combined sum of ₹22.26 crore.
This strategic purchase underscores their growing confidence in the city’s commercial property market. The details, gleaned from registration documents accessed by FloorTap.com, reveal that the two units are situated on the ninth floor of Signature Building, a prominent commercial complex located off Veera Desai Road. Each office space holds a value of ₹11.13 crore, with a stamp duty of ₹66.8 lakh paid for each unit. The properties boast a built-up area of approximately 2,099 sq. ft., translating to a carpet area of 1,905 sq. ft. each.
Interestingly, the deal encompasses three car parking spaces for each unit, enhancing the overall value proposition. The transaction was officially registered on October 10, 2024, signifying a recent foray into the market. This acquisition comes on the heels of a previous investment made by Khan and Singh in July 2023. The earlier purchase involved a single commercial unit on the fourth floor of the same building, acquired for ₹9 crore. This initial investment demonstrates a calculated approach to building their commercial portfolio within a specific development.
Analysts suggest that Khan and Singh’s strategic property acquisitions highlight the potential of Andheri West as a burgeoning commercial hub. The area offers a confluence of accessibility, infrastructure development, and a burgeoning business ecosystem, making it an attractive proposition for investors seeking long-term returns. Furthermore, their focus on commercial spaces aligns with current market trends. The demand for office space in Mumbai is expected to rise steadily in the coming years, fueled by a growing economy and an influx of multinational corporations. By diversifying their portfolio with strategically located commercial properties, Khan and Singh are not only securing their financial future but also demonstrating their astute understanding of the Indian real estate market.
