Bollywood Icon Hema Malini Sells Two Luxury Apartments in Oshiwara for ₹12.5 Crore

Actor-MP Hema Malini has sold two premium apartments in Oberoi Springs, Andheri West, Mumbai, for a total of ₹12.5 crore.

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Summary

  • Indian actress and politician Hema Malini sold two apartments in Oberoi Springs, Andheri West, Mumbai, for a total of ₹12.5 crore, with each unit fetching ₹6.25 crore and including a car parking space.
  • Both apartments have a carpet area of 847 sq. ft. and a built-up area of 1,017 sq. ft.; each transaction incurred a stamp duty of ₹31.25 lakh and registration charges of ₹30,000.
  • The sales highlight continued strong demand for premium housing in Andheri West, a locality favored for its connectivity, lifestyle amenities, and proximity to commercial hubs.

Indian actress, dancer, and politician Hema Malini has sold two apartments in Mumbai’s Oshiwara locality for a combined value of ₹12.5 crore, according to property registration records accessed from the Inspector General of Registration (IGR) and reviewed by property portal Square Yards. Both transactions were registered in August 2025.

The two units are located in Oberoi Springs, one of the prominent residential complexes in Andheri West. Each apartment has a carpet area of 847 sq. ft. (approximately 79 sq. m.) and a built-up area of 1,017 sq. ft. (94.46 sq. m.). The apartments were sold for ₹6.25 crore each and include one car parking space per unit.

As per registration documents, each deal attracted a stamp duty of ₹31.25 lakh and registration charges of ₹30,000. The sales underscore continued demand for premium housing in Andheri West, a locality that remains one of Mumbai’s most preferred destinations for homebuyers and investors.

Andheri West has grown into a vibrant residential and lifestyle hub over the past two decades. The locality offers strong connectivity through the Western Express Highway, SV Road, and suburban rail lines, while the Versova-Ghatkopar Metro corridor provides seamless east-west transit. Its proximity to key commercial districts such as Bandra Kurla Complex (BKC), Goregaon, and Andheri East has made it a favored choice for professionals in media, entertainment, IT, and corporate sectors.

Beyond connectivity, the area is known for its mix of luxury high-rises, gated societies, and modern lifestyle amenities. Entertainment hubs, restaurants, shopping malls, and cultural venues have reinforced Andheri West’s position as one of the most desirable micro-markets in the city. Oberoi Springs itself is considered a premium address, with facilities such as landscaped gardens, a clubhouse, gymnasium, and security systems that cater to high-end residents.

Hema Malini’s real estate move comes at a time when Mumbai’s property market has been witnessing steady transactions in the mid- to high-value segment. Industry data suggests that premium projects in well-established micro-markets like Andheri West, Bandra, and Powai continue to attract buyers despite rising property prices. Investors are also drawn to these localities due to consistent rental demand, driven by professionals and expatriates.

Image source- telegraphindia.com
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