Bollywood Actress Kajol’s Smart Mumbai Property Buy
Kajol, famous for her acting skills, has added to her financial portfolio with a ₹28.78 crore investment in a prime retail space in Mumbai’s Goregaon West. This move shows her growing interest in Mumbai’s real estate market, making her a smart investor along with her film career.
Key Details of the Property
- Carpet area: 4,365 sq ft (RERA-compliant) on the ground floor of Bharat Arize, Linking Road, Bangur Nagar
- Price per sq ft: ₹65,940, showing the area’s high demand and premium value
- Stamp duty: ₹1.72 crore paid, following Maharashtra’s property tax rules
- Parking: Includes five exclusive spots, adding practical value
Strategic Location & Market Context
Goregaon West has become a commercial hotspot, drawing high-net-worth individuals and companies because of its connectivity and growth potential. The area’s retail spaces are highly valued, with Linking Road bustling with business and leisure activities.
Portfolio Expansion & Family Influence
This buy follows Kajol’s previous move, including a ₹7.64 crore office space acquisition in Oshiwara (July 2023). Her husband, actor Ajay Devgn, rented a ₹9-lakh/month office space in Andheri West to MMM Media Works LLP, showing the family’s broader real estate strategy. Together, their investments highlight a preference for top-tier commercial properties in Mumbai’s most expensive neighborhoods.
Market Insights
- Price trends: Retail spaces in prime Mumbai areas now exceed ₹60,000 per sq ft, driven by demand from both global brands and locals
- Broker perspectives: Agents note buyers increasingly focus on location visibility, foot traffic, and brand adjacency in retail selections
- RERA compliance: The RERA registration ensures regulated transparency in transactions, a common benchmark for celebrities entering the market
As Mumbai’s retail scene changes, Kajol’s acquisition serves as a prime example of celebrity-driven real estate investments—balancing financial returns with geographic prestige.