Mumbai: Bollywood actress Malaika Arora has sold her apartment in Mumbai’s Andheri West for ₹5.30 crore, reflecting a 62% appreciation over her initial purchase of ₹2.04 crore in March 2018, according to property registration documents reviewed by SquareYards.
The apartment is located on the 15th floor of the Runwal Elegante project in Lokhandwala Complex, featuring a carpet area of 1,369 sq ft and one covered car parking space. The buyers, Sameer Bhise and Mugdha Bhise, reside on the 14th floor in the same building. The transaction was registered on August 21, 2025, with a stamp duty of ₹31.08 lakh and a registration fee of ₹30,000.
According to SquareYards Data Intelligence, 22 property transactions amounting to ₹109 crore were recorded in Runwal Elegante between September 2024 and August 2025. The current average registered price in the project stands at ₹33,150 per sq ft.
Andheri West is a prime residential and lifestyle hub in Mumbai, known for its luxury housing, vibrant social life, and proximity to key business districts such as BKC, Goregaon, and Andheri East. The area offers strong connectivity via the Western Express Highway, SV Road, suburban railway network, and the Versova-Ghatkopar Metro. With numerous high-rises, commercial establishments, and entertainment options, it remains a sought-after location for both homebuyers and investors.
Malaika Arora is a prominent figure in Indian entertainment, recognized for her roles in films such as Dil Se and her iconic performances in music videos, including Chaiyya Chaiyya. Active since the 1990s, she has also worked as a model and served as a judge on multiple talent-based television shows. Over the years, Arora has emerged as a lifestyle and fashion icon, frequently making headlines for her real estate moves in Mumbai.
Her recent sale adds to a trend of celebrity property transactions in the city. Over the past year, multiple high-profile Bollywood personalities have either sold or invested in Mumbai real estate, highlighting the continued attractiveness of Andheri West and surrounding areas for luxury home buyers.
The sale of this apartment also underscores the strong price appreciation potential in established residential hubs of Mumbai. Despite fluctuations in the property market, prime locations like Andheri West have continued to see steady growth due to their connectivity, social infrastructure, and lifestyle appeal.
Investors and homebuyers often monitor such transactions as benchmarks to assess market trends and property valuation in the city’s premium residential sector. With limited availability of comparable high-rise apartments in well-connected areas, properties in Lokhandwala and nearby neighborhoods continue to command premium prices, making them attractive both for end-users and investors alike.
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