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juhu: Sajid Nadiadwala’s co buys land parcel in Mumbai’s Juhu

Bollywood producer Sajid Nadiadwala, through his production company Nadiadwala Grandson Entertainment, has purchased a land parcel spread over nearly one-fifth of an acre in Mumbai’s plush Juhu locality.

The production company has paid Rs 31.30 crore as consideration for the said plot and has also paid nearly 1.88 crore as stamp duty charges for the registration of the transaction, showed the documents accessed through

Nadiadwala Grandson Entertainment has purchased the plot from a company called Portion Trading and the deal was registered on April 6.

ET’s email query to Nadiadwala and Portion Trading remained unanswered until the time of going to press.

Recently, construction company J Kumar Infraprojects’ Managing Director Nalin Gupta purchased two adjacent bungalows in Juhu locality for a total of Rs 50 crore. Both the bungalows spread over 5,650 sq ft cumulative built-up area are part of a housing society.

Gupta acquired the said property, which has been constructed on a land parcel spread over one-fifth of an acre, with his wife Shalini.

Apart from personalities from Hindi film industry, Juhu counts many industrial and corporate world biggies as its prominent residents. Recently, actors Vicky Kaushal and Katrina Kaif shifted to their residence here, while cricketer Virat Kohli and his actress wife Anushka Sharma also moved in here some time ago.Mumbai, the country’s biggest and most expensive property market, has continued the robust momentum of real estate sales in January despite rising mortgage rates and property prices as consumer sentiment towards home buying remains strong.

Several corporate personalities, business founders, industrialists, and Bollywood actors, including Amitabh Bachchan, Ranveer Singh, Hrithik Roshan, Rani Mukherjee, Alia Bhat, Disha Patani, corporate honchos, investment bankers and cricketers have bought properties and registered their deals in the last few quarters.

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