Arpita Khan Sharma, sister of Bollywood star Salman Khan, has sold her luxurious apartment in Mumbai’s prime Khar West area for ₹22 crore. The sale comes amidst recent security concerns surrounding Salman Khan, who has received death threats. The apartment, located in the Flying Carpet building, is a spacious 2,500 square feet property with a large terrace and nine car parking spaces. The transaction highlights the thriving real estate market in Mumbai’s upscale areas.
The Maharashtra Housing and Area Development Authority (MHADA) is launching a lottery for nearly 2,030 affordable homes in Mumbai in September. The lottery will offer apartments in prime locations like Malad, Powai, Vikhroli, Goregaon, and Wadala, with various income categories and pricing structures.
Bollywood actress Malaika Arora has rented her apartment in Bandra West, Mumbai, to costume designer Kashish Hans for a monthly rent of ₹1.57 lakh for a period of three years, as per documents accessed by Zapkey. The apartment, situated in the upscale Pali Hill area, will see a 5% annual escalation in rent. The property was registered on April 29, 2024, and the tenant has paid a security deposit of ₹4.5 lakh.
Mumbai’s real estate market is experiencing a shift as homebuyers prioritize spacious living. Duplex and triplex homes are becoming increasingly popular, offering a unique experience akin to sky villas. These vertical living spaces cater to the demand for larger floor areas and privacy, with premium prices to match. Redevelopment projects and limited land availability are driving the trend towards duplex units, replacing the earlier concept of combining apartments into jodi units. Double-height living spaces, expansive terraces, and sea-facing views are some of the sought-after features in these luxurious accommodations.
