Tag: Bollywood

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.