Renowned Bollywood actor Ishaan Khatter has purchased luxury apartments in Mumbai for a massive ₹29.37 crore. This high-value transaction once again highlights the growing demand and prestige of luxury real estate in the city.
Massive deal for Luxury Apartments in Mumbai
According to registration documents accessed by Square Yards Matrix, Ishaan Khatter has acquired a lavish apartment located in the upscale Pali Hill area of Bandra, one of the most elite residential localities in the city. The total carpet area of this premium residence is 2,989.05 sq ft,making it one of the most sought-after luxury apartments in Mumbai.
The deal was registered on February 5, 2026, and the seller of the property is Kapil M. Mahtani. For this transaction, stamp duty worth ₹1.76 crore was paid. The apartment comes with four dedicated car parking spaces, modern amenities, and top-class security arrangements, making it a truly premium offering among luxury apartments in Mumbai.
The property is located in Navroz Apartments at Bandra’s Pali Hill,under the Navroze Premises Co-operative Society. This elite residential project is known for its exclusivity, high-end construction quality, and strategic location, making it one of the most desirable addresses for luxury apartments in Mumbai.
Ishaan Khatter, son of actors Rajesh Khattar and Neelima Azeem,began his acting career as a child artist in the 2005 film “Vaah! Life Ho Toh Aisi!”.He later gained fame through successful films like Dhadak, The Perfect Couple, and A Suitable Boy, establishing himself as a prominent face in Bollywood. His recent investment further strengthens the appeal of luxury apartments in Mumbai among celebrities.
The Pali Hill area is widely known for its strong connection with Bollywood celebrities and elite business personalities. The locality enjoys excellent connectivity to Juhu, Andheri, Bandra Kurla Complex (BKC), Bandra Railway Station, and Chhatrapati Shivaji Maharaj International Airport. Additionally, proximity to major film studios in Juhu, Goregaon Film City, and Versova makes this area highly desirable. Due to these advantages, luxury apartments in Mumbai, especially in Pali Hill, remain in constant demand.
Property rates in Pali Hill typically range between ₹80,000 to ₹1.40 lakh per sq ft, clearly reflecting the premium value of this location. Despite such high prices, large-scale transactions continue to take place, showcasing the strong investor confidence in luxury apartments in Mumbai. Pali Hill is regarded as one of the most premium residential areas due to its superior infrastructure, seamless connectivity, reputed schools, colleges, multi-specialty hospitals, scenic sea views, and lifestyle amenities. These factors make it a preferred choice for elite homebuyers. Pali Hill is not only an excellent place to live, but in recent times, several film shoots have also taken place in this area. As a result, there is strong demand for property here from both residential and commercial perspectives. Ishaan Khatter’s recent purchase further confirms the unmatched appeal and long-term value of luxury apartments in Mumbai.
Several Bollywood celebrities including Shah Rukh Khan, Aamir Khan, Alia Bhatt, Jackie Shroff, and Sanjay Dutt own properties in this area. In recent years, Shah Rukh Khan had also rented two luxury duplex apartments in Pali Hill for three years, paying monthly rents exceeding ₹11.54 lakh and security deposit 32.97 lakhs for first duplex and monthly rent of 12.61 lakh and security deposits of 36 lakhs for second duplex Such high-profile deals further emphasize the importance and exclusivity of luxury apartments in Mumbai. Over the past few years, Bollywood actors, directors, and business tycoons have increasingly invested in Mumbai’s real estate market, significantly boosting transaction volumes. This trend has directly contributed to increased economic activity and reinforced Mumbai’s status as the most attractive destination for luxury apartments in Mumbai.