All Posts

Rakesh Roshan and Wife Pramila purchase five commercial units worth ₹19.68 crore

Rakesh Roshan and Wife Pramila purchase five commercial units worth ₹19.68 crore

Veteran Bollywood filmmaker Rakesh Roshan and his wife Pramila Rakesh Roshan, popularly known as Pinkie Roshan, have significantly expanded their commercial real estate portfolio with the Rakesh Roshan Andheri office purchase of five premium units valued at ₹19.68 crore. The transactions, completed in November 2025, mark a strategic investment in Mumbai’s thriving commercial property market. Property Details: Five Units in One Premium Complex The acquisition comprises five commercial office spaces located within the prestigious Vaidya West World One Aeropolis building in Andheri East. This Grade A commercial complex sits at a prime location on the Western Express Highway near the Bisleri Junction, offering exceptional connectivity to Mumbai’s key business districts. According to property registration documents from the Inspector General of Registration Maharashtra, reviewed by real estate marketplace Square Yards, the transactions break down as follows: Transaction Breakdown First Unit – Rakesh RoshanThe filmmaker purchased a commercial space measuring 116.96 square meters (approximately 1,259 square feet) for ₹3.27 crore. The deal includes two designated car parking spaces and incurred stamp duty charges of ₹19.64 lakh along with registration fees of ₹30,000. Second Unit – Rakesh RoshanA second unit covering 101.17 square meters (roughly 1,089 square feet) was acquired for ₹2.83 crore. This transaction also included two parking spaces, with stamp duty amounting to ₹16.98 lakh and standard registration charges of ₹30,000. Third Unit – Pramila Rakesh RoshanPinkie Roshan purchased a larger unit spanning 173.63 square meters (about 1,869 square feet) valued at ₹4.85 crore. The property came with two car parks, attracting stamp duty of ₹29.15 lakh and registration charges of ₹30,000. Fourth Unit – Pramila Rakesh RoshanThe most expensive acquisition in the portfolio, this unit measures 188.87 square meters (approximately 2,033 square feet) and was purchased for ₹5.28 crore. It includes two parking spaces, with stamp duty payments of ₹31.71 lakh and registration fees of ₹30,000. Fifth Unit – Pramila Rakesh RoshanThe final unit acquired by Pinkie Roshan covers 122.82 square meters (around 1,322 square feet) and was purchased for ₹3.43 crore. This deal also included two car parking spaces, stamp duty of ₹20.62 lakh, and registration charges of ₹30,000. Andheri East has emerged as one of Mumbai’s most sought-after commercial and residential hubs, making the Roshan family’s investment particularly strategic. The locality benefits from excellent infrastructure connectivity through multiple channels including the Western Express Highway, Jogeshwari-Vikhroli Link Road, Andheri railway station, and the Mumbai Metro network. The area provides seamless access to major business districts such as Bandra Kurla Complex, Powai, Goregaon, and Vile Parle. Andheri East hosts a dense concentration of corporate parks, information technology hubs, five-star hotels, and industrial estates, establishing it as a preferred destination for both professionals and business enterprises. The Vaidya West World One Aeropolis complex enjoys additional advantages due to its proximity to Mumbai International Airport—just ten minutes away—and its location within a strategic business enclave near corporate giants including Hindustan Unilever, Bisleri, Glenmark, and Procter & Gamble. About Vaidya West World One Aeropolis The commercial complex where these transactions occurred represents a significant development in Mumbai’s real estate landscape. Developed by Vaidya Spaces Private Limited, a company with architectural heritage dating back to 1903, the project is part of a larger 1.5-acre development called Vaidya West World, which includes commercial, retail, and residential components. One Aeropolis features state-of-the-art commercial amenities designed to Grade A specifications. The building boasts floor plates exceeding 10,500 square feet, double-glazed glass facades, landscaped gardens, a sky lounge, and automated traffic management systems. A double-height five-star entrance lobby adds to the premium positioning of the property. With its strategic positioning at the junction of Western Express Highway and Gokhale Bridge, the complex offers unmatched east-west connectivity, making it an attractive proposition for businesses seeking prestigious commercial addresses in Mumbai. Growing Real Estate Portfolio This acquisition adds to the Roshan family’s already substantial real estate holdings in Mumbai. The family has been notably active in the city’s property market over recent years, engaging in both commercial acquisitions and residential transactions. Earlier in 2025, Hrithik Roshan and Rakesh Roshan’s company, HRX Digitech LLP, acquired office units in Mumbai’s Chandivali area worth ₹31 crore. The family has also made previous purchases in the same Boomerang building in Chandivali, demonstrating a consistent investment strategy focused on commercial properties in prime Mumbai locations. On the residential front, the family has been equally active. In May 2025, they sold three apartments in Mumbai’s Andheri West for a total of ₹6.75 crore, indicating a strategic approach to portfolio management that balances acquisitions with selective disposals. The transaction reflects broader trends in Mumbai’s commercial real estate market, where high-net-worth individuals and celebrities are increasingly diversifying their investment portfolios through premium property acquisitions. Andheri’s transformation into a high-growth urban corridor has attracted significant attention from investors seeking stable returns combined with potential capital appreciation. The combined stamp duty payments across all five transactions totaled over ₹1.18 crore, contributing substantially to state revenues. Such high-value transactions also indicate sustained confidence in Mumbai’s commercial property market despite broader economic uncertainties. Industry experts suggest that investments in well-connected commercial properties in established business districts like Andheri East offer multiple advantages, including rental income potential, long-term capital appreciation, and portfolio diversification benefits.

Continue Reading
Greater Noida Authority Set to Act Against Realtors

Greater Noida Authority Set to Act Against Realtors Over Pending Registries and Dues

In a decisive move to protect homebuyer interests and restore credibility in the real estate sector, the Greater Noida authority set to act against realtors over pending registries and dues, marking a significant turning point for thousands of distressed property buyers in the region.

Continue Reading
Jaypee Kosmos Residents Protest Against Builder in Noida Sector 134

Jaypee Kosmos Residents Protest Against Builder in Noida Sector 134

Sector 134 Noida: Jaypee Kosmos Residents Protest against builder Suraksha Realty over the problems they are facing. They allege Worsening living conditions, unjustified maintenance charges and several other issues. Senior citizens, families and working professionals all came together to raise their voices against the builder.

Continue Reading
Relief for YEIDA Plot Buyers as Deadline Extended to 2026

Relief for YEIDA Plot Owners as Deadline Extended to 2026

In a major policy move, the Yamuna Expressway Industrial Development Authority (YEIDA) has extended the construction deadline for residential plot allottees till December 31, 2026. This decision, announced just months before the expected launch of the Noida International Airport in Jewar, aims to provide relief to thousands of plots.

Continue Reading
LG Commits ₹1,000 Crore to Build Global R&D Centre in Noida

LG Commits ₹1,000 Crore to Build Global R&D Centre in Noida

In a landmark development that further solidifies Noida’s position as one of India’s most promising technology and industrial hubs, LG Corporation, the South Korean multinational conglomerate, has officially confirmed an investment of ₹1,000 crore for the establishment of a Global Research & Development (R&D) Centre in the city.

Continue Reading
Nikhil Nanda Buys ₹28.39 Crore Luxury Apartment

Amitabh Bachchan’s Son-in-Law Nikhil Nanda Buys ₹28.39 Crore Luxury Apartment in K Raheja Corp’s Juhu Project

In another sign of the booming luxury real estate market in Mumbai, Nikhil Nanda, Chairman and Managing Director of Escorts Kubota Limited and Amitabh Bachchan’s son-in-law, has purchased a luxury apartment worth ₹28.39 crore in Juhu’s ultra-premium project ‘Maestro’ by K Raheja Corp. According to documents accessed by real estate data platform Zapkey, the transaction was registered on October 16, 2025, with the developer K Raheja Corp Real Estate Pvt Ltd as the seller. As per registration records, the apartment measures approximately 3,139 square feet of carpet area, along with a terrace of 411 square feet, bringing the total usable area to around 3,550 sq. ft. The deal also includes three dedicated car parking slots, a standard feature for buyers in the high-end luxury segment. The per-square-foot valuation comes to roughly ₹80,000–₹85,000, aligning with recent premium property rates in Juhu’s top-end projects. About the Project – ‘Maestro’ by K Raheja Corp ‘Maestro’ is a boutique luxury residential project developed by K Raheja Corp, located in the upscale Juhu area—one of Mumbai’s most sought-after localities. The project stands on the site of a former bungalow owned by the family of veteran filmmaker B. R. Chopra, offering both cinematic heritage and modern architectural luxury. The project features expansive sea-facing residences, high-end amenities, and limited inventory, catering exclusively to ultra-high-net-worth individuals (UHNWIs). The development is scheduled for completion by late 2026. About Nikhil Nanda Nikhil Nanda is a prominent Indian industrialist and the Managing Director of Escorts Kubota Limited, a leading engineering conglomerate in the agricultural and construction equipment space. He is the son of the late industrialist Rajan Nanda and Ritu Nanda, and the husband of Shweta Bachchan Nanda, daughter of Bollywood legend Amitabh Bachchan and Jaya Bachchan. Nanda’s investment marks another instance of high-profile business leaders showing confidence in Mumbai’s luxury residential market. The transaction underscores several ongoing trends in India’s real estate sector: Real estate analysts also believe that this deal reflects the premium positioning of Juhu, where property prices have appreciated steadily due to limited inventory and high-end redevelopment projects. K Raheja Corp is one of India’s leading real estate developers with a strong portfolio spanning luxury residences, commercial business districts, and retail properties. The company’s residential portfolio includes landmark projects like Vivarea in Mahalaxmi and Artesia in Worli—both synonymous with refined urban luxury. According to market observers, transactions like these indicate that India’s luxury real estate market remains robust, with HNI and UHNWI buyers driving demand. Property consultant Knight Frank India recently reported that Mumbai registered over 400 property transactions above ₹10 crore in the first half of 2025 alone — the highest ever in a six-month period. “Luxury homes in locations like Juhu and Worli are no longer just status symbols; they’re long-term investments with strong appreciation potential,” said a Mumbai-based property analyst.

Continue Reading
Noida Authority Launches Plot Scheme

Noida Authority Launches Plot Scheme with ₹2,300 Application Fee

In a significant move for homebuyers and investors, the Noida Authority has announced a new residential plot scheme, inviting applications from October 3 to October 30, 2025. The scheme offers 35 residential plots, located in some of the city’s most sought-after sectors, with allotment to be done exclusively through e-auction.

Continue Reading
Noida Authority to Evaluate Builders’ Compliance Status in October 3 Meeting

Noida Authority to Evaluate Builders’ Compliance Status in October 3 Meeting

The Noida Authority is set to convene a crucial board meeting today, where the spotlight will firmly be on real estate developers and their compliance records. With over 20 proposals listed on the agenda, the discussion on builder accountability and project delivery timelines is expected to dominate proceedings.

Continue Reading
UPRERA Launches Facility for Homebuyers to Report Promoters Collecting Money in Unauthorized Accounts

UPRERA Launches Facility for Homebuyers to Report Promoters Collecting Money in Unauthorized Accounts

The Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has introduced a new feature on its official web portal, empowering homebuyers to raise grievances against promoters who collect money in accounts other than the declared project Collection Account. The move is aimed at safeguarding homebuyers’ interests.

Continue Reading
Noida Residential Plot Rates 2025

Revised Noida Plot Rates Effective April 2025: Sector-wise Price & Transfer Fee Chart

The Noida Authority has officially revised the residential plot rates across different sectors, effective April 21, 2025, as per the decisions taken during the 217th Authority Board meeting held on March 28, 2025. The new rates bring changes to both the present sector rates and the transfer rates for plots, with adjustments based on location charges such as proximity to the Expressway or Metro connectivity.

Continue Reading