Singh and his father Jugjeet Sundersingh Bhavnani paid over ₹1 lakh per sq  for the 11,266 sq ft apartments to Enorm Nagpal Realty LLP. (AFP)

  • Ranveer and his father Jugjeet Sundersingh Bhavnani have bought two luxury, sea-facing residential units – a 16th floor apartment and a triplex from the 17th to 19th floor – at Sagar Resham building in Mumbai
BENGALURU : Bollywood actor Ranveer Singh and his father Jugjeet Sundersingh Bhavnani have bought two luxury, sea-facing residential units – a 16th floor apartment and a triplex from the 17th to 19th floor – at ‘Sagar Resham’ building in Mumbai’s upscale Bandra Bandstand area, for ₹118.94 crore.
The property, which comes with 19 car parks and a spacious terrace, has been bought via Oh Five Oh Media Works LLP, in which both Singh and Bhavnani are directors. The family has bought it from the builder Enorm Nagpal Realty LLP.
Together, the apartments are sprawled across 11,266 sq ft of carpet area, with a 1300 sq ft terrace. The deal was concluded at just over ₹1 lakh per sq ft.
The transaction was registered on 8 July, and a stamp duty of ₹7.13 crore has been paid, showed documents accessed by real estate data portal Indextap.com.
Property analysts said that the residential apartments would probably be amalgamated to form a quadruplex, combining all the four private units.
Bandra Bandstand is a high-profile residential stretch, and the Sagar Resham building, which has four- and five-bedroom apartments, is a stone’s throw from the residences of popular Bollywood actors Shahrukh Khan and Salman Khan.
“Bandra-Juhu belt has been the favourite among tinsel town. Therefore, we are not surprised by this transaction. The Bandstand location is especially the most sought after, with the likes of Superstars Salman Khan and Shah Rukh Khan, residing in the vicinity. Indextap foresees many more such high-end property deals being in the works and the luxury residential market to continue to perform well, despite fear of possible global recession,” said Abhishek Kiran Gupta, CEO and co-founder, CRE Matrix and Indextap.

 

Inside Photos of Ranveer Singh house: किसी महल से कम नहीं है दीपिका और रणवीर का आशियाना

Bhavnani and Sagar Dewan, a designated partner at Enorm Nagpal Realty, didn’t respond to email queries.

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