In a significant real estate move, celebrity Gauhar Khan has purchased three luxury apartments in the prestigious Shiv Kutir Co-operative Housing Society, Versova, Mumbai, for a total transaction value of Rs 10.13 crore. The deals, registered in February 2025, reflect a growing trend of high-profile investments in Mumbai’s prime residential areas.
Transaction Breakdown
Gauhar Khan executed the transactions through two separate deals. In the first deal, an apartment was registered solely in her name for Rs 2.80 crore. This property boasts a carpet area of 1,104.75 sq ft (102.64 sq m) and a built-up area of 1,326.11 sq ft (123.20 sq m), and includes one designated car parking space. The transaction incurred a stamp duty of Rs 13.98 lakh and a registration fee of Rs 30,000, as per Inspector General of Registration (IGR) records.
In a second transaction, Khan, along with her husband, Zaid Darbar, jointly acquired two additional apartments in the same project. The combined cost for these properties was Rs 7.33 crore. The two apartments offer a total carpet area of 2,393 sq ft (222.32 sq m) and include two car parking spaces. This deal involved a stamp duty of Rs 43.97 lakh and a registration charge of Rs 30,000.
Market Insights and Implications
This acquisition by Gauhar Khan underscores the dynamic nature of Mumbai’s real estate market, particularly in upscale neighbourhoods like Versova. Known for its vibrant community and proximity to the Arabian Sea, Versova has long been a sought-after locality for luxury living. The transaction not only highlights the enduring appeal of the area but also sets a benchmark for high-profile property investments in Mumbai.
With the market showing resilient demand for premium properties, such high-value transactions are likely to bolster investor confidence. Industry experts suggest that celebrity investments often act as a catalyst, drawing further attention to the locality and potentially driving up property values in the region.
Conclusion
Gauhar Khan’s recent purchase of three apartments in Versova is a clear indication of continued investor interest in Mumbai’s luxury real estate segment. As the market evolves, transactions like these contribute to the narrative of Versova as a prime residential destination, reflecting both aesthetic appeal and robust investment potential. With all details meticulously recorded in February 2025, this move is set to further enhance the profile of the Shiv Kutir Co-operative Housing Society as a hub of upscale urban living.