Bollywood Actor Shakti Kapoor Sells Juhu Apartment for ₹6.11 Crore
Bollywood actor Shakti Kapoor has sold his apartment in Mumbai's Juhu area for ₹6.11 crore. The transaction, recorded in property registration documents accessed by SquareYards, involves the sale of a first-floor apartment in Silver Beach Heaven Co-operative Society.
The apartment measures 881 sq ft of built-up area and was sold to Bengaluru-based buyers Satish Venkatesh and Archana Taneja. The transaction was registered on December 26, 2024. As part of the sale process, a stamp duty of ₹36.66 lakh was paid, along with a registration fee of ₹30,000.
Juhu remains one of Mumbai’s sought-after residential locations, known for its connectivity and amenities. The area houses several Bollywood celebrities, including Amitabh Bachchan, Varun Dhawan, Ajay Devgn, Shahid Kapoor, and Kartik Aaryan. Juhu’s popularity stems from its proximity to business districts like Andheri and Bandra, as well as its connectivity via the Western Express Highway and the Mumbai Metro network. The locality also features a well-known beachfront and a variety of high-end restaurants.
Shakti Kapoor was recently in the news for purchasing a luxury apartment in Mumbai along with his daughter, actress Shraddha Kapoor. According to documents accessed by Zapkey, the property, located in Piramal Mahalaxmi South Tower, was registered on January 13, 2025. The total carpet area of this apartment is 1,042.73 sq ft, including two balconies. The purchase was made for ₹6.24 crore.
This sale follows a trend of high-profile real estate transactions among Bollywood celebrities, as Mumbai continues to be a focal point for luxury property investments. Despite fluctuations in the real estate market, areas like Juhu and Mahalaxmi continue to attract investors due to their location advantages and infrastructural development.
Mumbai's luxury real estate market has remained active, with several high-net-worth individuals engaging in property transactions. Industry experts note that factors such as changing tax policies, investment diversification, and lifestyle preferences influence these sales. According to recent market trends, property registrations in Mumbai remained steady in February 2025, with stamp duty collections rising by 6% compared to the previous year.
The city's premium real estate sector has seen both new investments and sales by prominent individuals. Some reports suggest that certain investors may be selling their properties to reallocate funds or adjust portfolios in response to market dynamics. While some buyers prefer long-term investments in prime locations, others seek liquidity by selling high-value assets.
