Ajay Devgn Buys 2-Acre Agricultural Land in Maharashtra’s Karjat for ₹1.60 Crore
Bollywood actor Ajay Devgn has purchased approximately 2.05 acres of agricultural land in Karjat, Maharashtra, for ₹1.60 crore, adding another property to his real estate portfolio.
- Ajay Devgn purchased 2.05 acres of agricultural land in Bhoirwadi village, Karjat.
- The property transaction was registered on October 29, 2026, for ₹1.60 crore.
- The actor’s reported property portfolio also includes residential and commercial assets in Mumbai.
Bollywood actor Ajay Devgn has acquired an agricultural land parcel measuring approximately 2.05 acres in Maharashtra’s Karjat region for ₹1.60 crore. Located in Bhoirwadi village, Karjat taluka, in Raigad district.
The land measures 0.829 hectares and was purchased from Rashid Hasanmiya Patel. The sale deed identifies the buyer as Ajay alias Vishal Veeru Devgan. Based on the reported purchase price and land area, the transaction works out to approximately ₹78 lakh per acre, adding an agricultural property outside Mumbai to the actor’s reported real estate holdings.
According to the registration details, Devgn paid ₹9.60 lakh in stamp duty and ₹30,000 as the registration fee. The total expenditure, including these charges, comes to approximately ₹1.70 crore, excluding other incidental expenses. The sale consideration was reportedly paid through banking channels in multiple instalments.
The latest Karjat acquisition adds to Devgn’s reported investments across residential and commercial real estate. Among his notable residential properties is a bungalow in Mumbai’s Juhu locality, which he purchased jointly with his mother, Veena Devgn, for ₹47.50 crore in 2021.
The bungalow, spread across approximately 474.4 square metres, was subsequently leased to Florian Hurel Salon Private Limited in August 2026. The five-year lease agreement is reportedly expected to generate rental income of around ₹10.61 crore over its tenure.
Apart from residential properties, Devgn has also invested in commercial office spaces in Mumbai. In 2023, he acquired five office units in the Signature building in Oshiwara, Andheri West, for a combined consideration of ₹45.09 crore.
The offices are spread across the 16th and 17th floors and have a combined built-up area of approximately 13,293 sq. ft. The purchase also included 14 parking spaces.
Devgn has reportedly leased portions of his commercial property portfolio to businesses over the past few years.
In September 2024, he leased a 3,455 sq. ft. office space in Signature Tower to Kabir Khan Entertainment at a monthly rent of ₹7 lakh.
Another office unit measuring 2,545 sq. ft. was leased in May 2025 to Bombay Design Centre Private Limited. The agreement started at a monthly rental of ₹5.47 lakh and is expected to generate approximately ₹3.30 crore over its five-year term.
These transactions highlight the presence of both residential and income-generating commercial properties in the actor’s reported real estate portfolio.
The latest acquisition brings attention to Karjat, a location in Maharashtra’s Raigad district that has also attracted interest from buyers exploring agricultural land and second-home properties outside Mumbai.
Unlike his reported residential and commercial investments in Mumbai, the new purchase involves agricultural land. The ₹1.60-crore transaction represents an additional land holding in the region, although the intended use or future development plans for the parcel have not been publicly specified in the supplied transaction details.
For the real estate market, celebrity property transactions offer an indication of investment activity across different asset categories, including agricultural land, residential properties and commercial spaces.
Also Read: Sonu Nigam Buys Luxury Mumbai Apartment for ₹44.3 Crore
Also Read: Ajinkya Rahane’s Wife Radhika Buys Two Luxury Apartments in Mumbai’s Dadar for ₹24.75 Crore
