MUMBAI – In a move that further solidifies the growing romance between Bollywood’s elite and commercial real estate, actor Saif Ali Khan buys luxury office space in Mumbai’s Andheri East. The deal, valued at ₹30.75 crore, sees the Pataudi scion adding a high-yield commercial asset to his already impressive property portfolio.
The transaction was officially registered on November 18, 2025, marking another high-profile entry into the city’s grade-A office market, which has remained resilient despite broader global economic fluctuations.
According to property registration documents accessed by real estate analytics firms, the purchase involves two adjoining office units located in the posh Kanakia Wallstreet building.
- Total Price: ₹30.75 Crore
- Location: Andheri East, Mumbai
- Carpet Area: 5,681 sq. ft.
- Parking: 6 Exclusive Car Parking Spaces
- Stamp Duty Paid: ₹1.84 Crore
- Registration Fee: ₹60,000
The units, identified as 901 and 902 in Wing A of the commercial tower, offer a combined carpet area of nearly 5,700 square feet. This large floor plate is ideal for a production house headquarters, a corporate office for his own ventures, or a high-value rental asset for multinational tenants.
The seller on record is Apiore Pharmaceutical, a US-based company, and the deal was reportedly facilitated by the real estate advisory firm Volney.
The Asset: Kanakia Wallstreet
Khan’s choice of property is strategic. Kanakia Wallstreet is a well-known commercial address in the Andheri East micro-market. The building is celebrated for its modern architecture and premium amenities, designed to cater to top-tier corporate clients.
By investing here, Saif Ali Khan joins a “star-studded” list of landlords. Interestingly, the same building houses office units owned by Hrithik Roshan and his father Rakesh Roshan, who purchased three units there earlier for approximately ₹31 crore. This effectively turns the corporate tower into a celebrity investment hub.
Also Read
Furthermore, the location has a connection to global tech royalty. Elon Musk’s satellite internet venture, Starlink, recently leased office space in a nearby project by the same developer (Kanakia Boomerang), signaling the area’s pulling power for global giants.
Why Andheri East?
For years, Bandra and Juhu were the undisputed kings of celebrity real estate. However, the focus has shifted northwards to Andheri East for commercial investments. Real estate experts attribute this to three key factors: Connectivity, Vacancy Rates, and Yield.
Andheri East serves as a critical junction in Mumbai. It is close to the Chhatrapati Shivaji Maharaj International Airport and is well-connected by the Western Express Highway and the Mumbai Metro. For a commercial landlord, this connectivity ensures a steady stream of high-quality tenants—from logistics firms to media production houses—who need to be near transit points.
While residential properties in Mumbai typically offer rental yields of 2-3%, premium commercial spaces in hubs like Andheri can fetch yields of 7-8%. For High Net-Worth Individuals (HNIs) like Khan, this represents a smarter allocation of capital than buying another residential apartment.
The Bollywood “Landlord” Trend
Saif Ali Khan’s purchase is part of a larger wave of financial maturation within the film industry. Gone are the days when actors parked their surplus funds solely in bonds or residential holiday homes. Today, they are aggressively acquiring commercial square footage.
- Amitabh Bachchan: The veteran superstar has been on a buying spree, recently acquiring units in Oshiwara and leasing them to major corporate entities.
- Ajay Devgn: Another astute investor, Devgn has purchased multiple office units in Andheri West, creating a solid passive income stream.
- Kailash Kher: As reported recently, the singer purchased office space in the Bandra Kurla Complex (BKC) for over ₹10 crore.
- Sara Ali Khan: Following in her father’s footsteps, Sara also recently invested in office space in the Lotus Signature building, further confirming that the younger generation is equally savvy about asset allocation.
Also Read
What This Means for Saif’s Portfolio
Saif Ali Khan is no stranger to luxury real estate. He famously owns the ancestral Pataudi Palace in Haryana, a property of immense historical and monetary value. In Mumbai, he resides in a luxurious apartment in Bandra West’s Fortune Heights.
However, this ₹30.75 crore investment signals a diversification strategy. By balancing heritage assets (which are capital heavy but cash-flow light) with modern commercial real estate (which generates monthly cash flow), Khan is future-proofing his wealth.
As the Indian entertainment industry becomes more corporate, with actors turning into producers and brand owners, having a dedicated operational base is crucial. Whether Khan plans to move his production banner, Black Knight Films, to this new address or lease it out to a Fortune 500 company remains to be seen. What is certain, however, is that the “Nawab of Pataudi” is now also a major player in the concrete jungle of Mumbai commerce.
