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Bollywood Star Kangana Ranaut Sells Mumbai's Pali Hill Mansion For Massive Rs 32 Crore
Times Now | September 10, 2024 2:39 AM CST

Bollywood actor-turned-politician Kangana Ranaut has sold her luxurious bungalow on Nargis Dutt Road in Mumbai’s Pali Hill locality for Rs 32 crore. According to The Economic Times report, the buyer, Hyderabad-based Kamalini Holdings, acquired the ground plus three-storey property at Rs 1.04 lakh per square foot. The property spans a total built-up area of 3,075 square feet, along with a 565-square-foot parking garage.Ranaut initially bought the bungalow for Rs 20.70 crore in September 2017. According to documents accessed through IndexTap.com, the transaction was registered on September 5, with a stamp duty of Rs 1.92 crore paid for the sale. The property, part of a co-operative society on a nearly one-acre plot, offers independent access, adding to its appeal.

In addition to selling the Pali Hill bungalow, Ranaut recently purchased an office property in Andheri, Mumbai. The office, located on the 19th floor of an under-construction commercial project, cost the actor over Rs 1.56 crore, with the carpet area priced at Rs 38,391 per square foot.Real estate remains a favoured investment choice for Bollywood celebrities and high-net-worth individuals. Several prominent figures, including Amitabh Bachchan, Shah Rukh Khan, Akshay Kumar, and Shilpa Shetty, have invested heavily in Mumbai’s upscale properties.In recent months, stars like Ranveer Singh, Hrithik Roshan, and Alia Bhatt have also been involved in property transactions, particularly focused on acquiring luxury real estate in the city’s prime locations.


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