Subhash Ghai Acquires Luxury Apartment in Bandra
Renowned Indian filmmaker Subhash Ghai and his wife, Mukta Ghai, have made headlines with their recent real estate investment in Mumbai. The couple purchased a lavish apartment in Bandra West for a staggering Rs. 24 crore. This acquisition, registered in February 2025, highlights the ongoing trend of high-profile personalities investing in prime properties in the city. Bandra, known for its vibrant culture and celebrity residents, continues to attract affluent buyers, making it a sought-after location for luxury living.
Prime Location: The Allure of Bandra West
Bandra West is a coveted neighborhood in Mumbai, particularly for those seeking a blend of luxury and convenience. The area is strategically located near the Bandra Kurla Complex (BKC), which serves as a major commercial hub. This proximity makes it an ideal choice for corporate executives and business owners who value a short commute to work.
Moreover, Bandra boasts excellent connectivity. The Western Express Highway and the Bandra-Worli Sea Link provide easy access to various parts of the city. The international airport is also nearby, enhancing the appeal for frequent travelers. Additionally, the upcoming metro line promises to further improve accessibility, making Bandra even more attractive to potential residents.
The neighborhood is not just about convenience; it is also a cultural hotspot. Many Bollywood stars, including Suniel Shetty, Ranveer Singh, Deepika Padukone, and Sonakshi Sinha, have chosen to call Bandra home. This celebrity presence adds to the area’s allure, making it a vibrant community where glamour meets everyday life.
Details of the Luxurious Apartment
The apartment purchased by Subhash and Mukta Ghai is situated in the upscale project known as 81 Aureate, developed by the MJ Shah Group. This project spans 4.48 acres and features spacious 4 BHK apartments designed for modern living. The Ghais’ new home boasts an impressive carpet area of 4,364 square feet, providing ample space for comfortable living.
In addition to the generous living space, the apartment includes three dedicated car parking spots, a valuable feature in a bustling city like Mumbai. The transaction also involved a significant stamp duty payment of Rs. 1.44 crore, along with registration charges of Rs. 30,000, reflecting the high stakes of real estate in this prime location.
The 81 Aureate project has seen considerable activity in the property market. Between February 2024 and January 2025, a total of eight transactions were recorded, amounting to a gross value of Rs. 76 crore. Currently, the average resale price for a 4 BHK apartment in this project stands at Rs. 51,636 per square foot, while the average monthly rent is around Rs. 8.5 lakh. This indicates a robust demand for luxury properties in the area.
Subhash Ghai: A Legacy in Indian Cinema
Subhash Ghai is a prominent figure in the Indian film industry, known for his multifaceted contributions as a director, producer, actor, lyricist, music director, and screenwriter. His career spans several decades, during which he has directed and produced numerous successful films across various genres.
Some of his most notable works include classics such as *Kalicharan* (1976), *Karz* (1980), *Hero* (1983), and *Khalnayak* (1993). Ghai’s films are celebrated for their engaging storytelling, memorable music, and well-developed characters. His ability to connect with audiences has solidified his status as a legendary filmmaker in Hindi cinema.
In addition to his cinematic achievements, Ghai is also known for his entrepreneurial ventures. He founded Mukta Arts, a production company that has played a significant role in the Indian film industry. Recently, he has been in the news for expanding his business interests, including plans to acquire commercial property in Goregaon. This move follows the sale of his Andheri apartment for Rs. 12.85 crore, showcasing his strategic approach to real estate investment.
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