rajkumar rao: Movie actor Rajkummar Rao buys luxe apartment in Mumbai’s Juhu for Rs 44 crore

Bollywood actor Rajkumar Rao has bought a luxury triplex apartment in Mumbai’s plush Juhu place for almost Rs 44 crores from the late actress Sridevi and producer Boney Kapoor’s daughter and actress Janhvi Kapoor.

The transaction values ​​the apartment spread over 3,456 sq.m at almost Rs 1.27 lakh per sq.m, placing it in the list of the country’s most expensive residential deals ever.

Recently, Bollywood actor Ranveer Singh bought a luxury sea view quadruplex apartment in a super-premium residential tower on Bandstand in Mumbai’s plush Bandra locality for Rs 119 crore for Rs 119 crore, making it one of the most expensive deals for a single residential apartment anywhere in the world. the country.

Singh’s deal was valued at more than 1 lakh per square foot, in line with current real estate prices in the area, while Rao’s deal for the apartment in luxury tower Araya in Juhu is valued much higher on a per square foot basis.

Kapoor had bought this apartment in December 2020 in the luxury tower on JVPD Scheme, which is known for the residences of several high-profile personalities of the Hindi film industry.

Rao, also known as Rajkumar Yadav, bought the apartment together with his wife Patralekha Misra Paul. The apartment is spread over the 14th, 15th and 16th floors of the tower, while Yadav and his wife already own and occupy apartments on the 11th and 12th floors of the same building.

According to the document ET has access to, the buyer has paid stamp duty of Rs 2.19 crore for the registration of the deal. As part of the deal, Rao will have exclusive access to six parking spaces. The deal was registered on July 21.

ET’s email request to Rao and messages to Janhvi Kapoor’s team went unanswered until the time of going to press.

Mumbai, the country’s largest and most expensive real estate market, has recently set new standards with real estate transactions following the 2020 state government’s announcement of a cut in stamp duty with limited windows.

The significant but limited period of stamp duty reductions, which ended on March 31, 2021, has been a catalyst for the city’s residential market. While stamp duty discounts aren’t available right now, the deals keep rolling in.

Several large-scale transactions have taken place in the city. Recently, Siddharth Jain, part of

Group’s promoter family had purchased a luxury sea-view quadruplex apartment in a super-premium residential tower on Dr. Annie Besant Road in Mumbai’s tony place Worli for Rs 144 crore.

Property registration in Mumbai has continued its record-breaking spree by scaling a new peak in June, despite a rise in interest rates and the repeal of the lower stamp duty.

Mumbai registered more than 9,919 property registrations in the month of June, up 26% from a year ago, marking a new high for June both in terms of number of deals and stamp duty collection, which stood at Rs 733 crore .

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