In a significant real estate transaction, acclaimed actress and producer Priyanka Chopra Jonas has sold four luxury apartments in Mumbai's Andheri West area for a total of ₹16.17 crore. The properties, located in the prestigious Oberoi Sky Gardens within the Lokhandwala Complex, were registered on March 3, 2025, marking a notable development in the celebrity real estate market. This high-profile transaction highlights the growing trend of celebrities investing in premium real estate assets, similar to the growing demand for commercial property in Noida Sector 62 and other prime locations in India.
Details of the Transactions
The four apartments, each sold to different buyers, are situated on the 18th and 19th floors of the Oberoi Sky Gardens. The specifics of each sale are as follows:
Apartment 1801/A: This 1,075 sq ft (built-up area) apartment on the 18th floor was sold for ₹3.45 crore. The buyer paid a stamp duty of ₹17.26 lakh, and the property includes one car parking space.
Apartment 1801/C: Measuring 885 sq ft, this 18th-floor apartment was sold for ₹2.85 crore, with a stamp duty of ₹14.25 lakh and one car parking space.
Apartment 1901/C: Located on the 19th floor, this 1,100 sq ft apartment fetched ₹3.52 crore. The transaction included a stamp duty of ₹21.12 lakh and one car parking space.
Duplex Apartments 1801/B & 1901/B: This combined duplex unit spans 1,985 sq ft across the 18th and 19th floors and was sold for ₹6.35 crore. The buyer paid a stamp duty of ₹31.75 lakh, and the property comes with two car parking spaces.
Priyanka Chopra Jonas's Real Estate Portfolio
Priyanka Chopra Jonas has been active in the real estate market, both in India and internationally. In 2023, she sold two penthouses in the Lokhandwala Complex in Oshiwara, Andheri, Mumbai. The first penthouse, measuring approximately 860 sq ft, was sold for ₹2.25 crore, while the second, measuring 1,432 sq ft, was sold for ₹3.75 crore.
Additionally, in March 2021, she sold two residential units in Raj Classic, Versova, Andheri West, for ₹7 crore. These transactions indicate a strategic approach to managing her real estate investments, possibly aligning with her evolving personal and professional commitments. The trend of celebrities investing in high-value real estate aligns with the demand seen in markets like Office space for sale in Noida Sector 140 and Food court for sale in Noida, where premium properties attract serious investors.
Mumbai's Andheri West: A Real Estate Hotspot
Andheri West, particularly the Lokhandwala Complex, is renowned for its upscale residential properties and vibrant lifestyle. The area boasts excellent connectivity, premium amenities, and a thriving entertainment industry presence, making it a sought-after location for celebrities and professionals alike. The sale of these apartments by Priyanka Chopra Jonas underscores the area's appeal and the robust demand for luxury residences in this suburb. Similarly, regions like Office space for sale in Noida are witnessing increased demand due to their strategic locations and high return on investment potential.
Celebrity Real Estate Trends
Bollywood celebrities have a history of investing in Mumbai's real estate market, both for personal use and as investment ventures. The city's dynamic property market offers opportunities for substantial returns, and properties in prime locations like Andheri West are particularly attractive. Priyanka Chopra Jonas's recent sales reflect a broader trend among celebrities to optimize their real estate portfolios, balancing personal preferences with market dynamics. Just as Mumbai’s real estate market remains a hub for high-net-worth individuals, Commercial property in Noida Sector 62 and other premium locations continue to attract serious investors looking for lucrative opportunities.
Conclusion
Priyanka Chopra Jonas's sale of four luxury apartments in Mumbai's Andheri West for ₹16.17 crore highlights her strategic approach to real estate investments. The transactions not only shed light on her personal asset management but also reflect the enduring allure of Mumbai's prime residential locales among high-net-worth individuals and celebrities. As the city's real estate market continues to evolve, such high-profile transactions contribute to its dynamic landscape, offering insights into investment patterns and property valuations in Mumbai's upscale neighborhoods. Likewise, the demand for Office space for sale in Noida Sector 140, Food court for sale in Noida, and Office space for sale in Noida showcases the potential of India's expanding commercial real estate sector.
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