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Bollywood actress Malaika Arora recently completed a lucrative real estate deal by selling her luxurious apartment located in Mumbai’s Andheri West for ₹5.30 crore. This transaction, officially registered in August 2025, comes seven years after she initially purchased the property, resulting in an impressive 62% appreciation and a profit of around ₹2.04 crore. This newsletter delves into the details of the deal, the property’s features, and the significance of this sale within Mumbai’s vibrant real estate market.
Key Takeaways From Malaika Arora’s Property Sale
Transaction Details and Profit
Malaika Arora’s apartment in the Runwal Elegante project, Lokhandwala Complex, was sold for ₹5.30 crore in August 2025. She had originally bought the residence in March 2018 for ₹3.26 crore. The sale marks a net gain of approximately ₹2.04 crore, reflecting a remarkable 62% increase in value over the seven-year period.
Property Specifications
The apartment is situated on the 15th floor, boasting a carpet area of 1,369 square feet and a built-up area of about 1,643 square feet. It includes one designated covered car parking space for residents. The deal involved stamp duty payment of ₹31.08 lakh and registration fees of ₹30,000.
Prime Location Advantages
Andheri West stands out as one of Mumbai’s premier residential and lifestyle hubs, known for its well-developed infrastructure and connectivity. The area benefits from proximity to major arterial roads such as the Western Express Highway and SV Road, along with excellent access to suburban rail services and the Versova-Ghatkopar Metro line. This connectivity makes it a favored choice for homebuyers and investors alike.
Insights Into Runwal Elegante And Market Trends
Popularity Among Buyers
The Runwal Elegante project has witnessed considerable market activity, with 22 transactions totaling ₹109 crore registered between September 2024 and August 2025. The average price per square foot currently stands at roughly ₹33,150, demonstrating the location’s sustained demand.
Neighborhood Appeal
Andheri West hosts numerous luxury high-rises, upscale societies, and a vibrant social scene including entertainment venues, shopping centers, and dining establishments. The neighborhood’s blend of residential comfort and urban amenities appeals to celebrities and professionals, with several notable personalities investing in nearby properties in recent times.
Broader Implications Of This Real Estate Deal
Reflects Strength Of Mumbai Real Estate
Malaika Arora’s profitable sale highlights Mumbai’s strong and appreciating real estate market, particularly in sought-after localities like Andheri West. The steady price rise is underpinned by continued infrastructure development and growing demand from both investors and end-users.
Celebrity Influence On Real Estate Trends
The involvement of celebrities in Mumbai’s property market often draws significant attention, bolstering the appeal of specific localities. Malaika’s sale adds to this trend, alongside other star investments in Andheri West and nearby areas, underscoring the neighborhood’s prestige.
Contribution To Local Economy
High-value property transactions contribute to increased tax revenues and stimulate ancillary economic activities such as interior design, construction-related services, and property management.
Conclusion
Malaika Arora’s recent sale of her Andheri West apartment for ₹5.30 crore, with a 62% profit over seven years, underscores the strength and vibrancy of Mumbai’s premium real estate market. Situated in a prime location with excellent connectivity and upscale amenities, the Runwal Elegante residence offered both lifestyle benefits and investment gains. This high-profile transaction further cements Andheri West’s status as one of the city’s most desirable residential hubs for celebrities, investors, and homebuyers alike.
Sources: Hindustan Times, Indian Express, Times of India, Business Standard, Moneycontrol