Madhuri Dixit and her doctor husband Shriram Nene have sold their posh Juhu apartment in Mumbai for around ₹3.90 crore which is almost twice what they paid for the place in 2012. This sale marks a pretty significant long-term price increase in one of the most desirable residential areas of Mumbai.
Based on details from CRE Matrix, the couple offloaded their 780.13 sq ft home on the fourth floor of Deep Varsha Co-operative Housing Society, Iris Park. The sale deed was registered on December 15, 2025. The duo had originally bought the flat in 2012 for ₹1.95 crore, which means that the price has gone up by close to 99.22% over the last 13 years of holding.
The woman who became the owner of the property after the transaction, paid a stamp duty of ₹19.5 lakh. This figure points to a 1% stamp duty concession given by the Maharashtra state government to women buyers of residential properties, as per the registration documents. The rest of the official fees and charges were paid according to the prevailing standards.
Juhu is still one of the most luxurious residential areas of Mumbai due to the beach accessibility, good social infrastructure and the popularity among the celebrities, business tycoons, and professionals. The area has experienced very limited new supply and has consistently been under high demand, which has helped property prices in the region to stay strong even during periods of a general market slowdown.
On the same day as the other deals which were registered, Madhuri Dixit sold the parking slot situated in the same co-op housing society for ₹15 lakh, as per documents attained by Zapkey, it is different apartment in the society that the parking space is linked to. The two deals combined, indicate that the actor has opted for partial monetisation of her real estate holdings in the Juhu area.
Madhuri Dixit and her husband have been quite lively in the Mumbai real estate scene throughout the years. In 2024, the actress was in possession of a property in Andheri West which she had leased out at a monthly rent of ₹3 lakh. According to the documents obtained from Propstack, the lease which was signed with Karamtara Engineering Pvt Ltd, was for a duration of 2 years. The rental market in posh Mumbai suburbs has been very vibrant during the last two years; this has been facilitated by a stable corporate demand and a very limited supply of large and well-located homes.
The actress apart from the western suburbs where she made investments in Juhu and Andheri, also got some luxurious properties in South and Central Mumbai. Last September, she bought a lavish apartment worth ₹48 crore at the Indiabulls Blu project, Lower Parel. The flat being on the 53rd floor of the building has a carpet area of 5,384 sq ft and was purchased from Calleis Land Development Private Limited.
Lower Parel has transformed into one of the major luxury residential hubs of Mumbai over the last decade and is now the prime choice for High Net Worth Individuals because of its central location, modern infrastructure, and closeness to the commercial districts.
The sale of the Juhu apartment is an example of how capital gains are sustaining over very long periods in well-established micro-markets of Mumbai. Despite the fact that short-term price movements can vary, top-notch localities with solid fundamentals have been able to consistently bring in returns for property owners particularly when the assets are held across multiple market cycles.
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