Bollywood megastar Salman Khan has officially wrapped up a high-profile real estate transaction in Mumbai, offloading one of his premium residential properties situated in the upscale locality of Bandra West. According to the latest real estate documents accessed through property registration platforms, the superstar finalized the sale of the apartment for an impressive price tag of Rs 3.50 crore, marking another notable addition to the active celebrity property market in the city. The registration records confirm that the deal was legally executed and processed on July 9, 2026, drawing significant attention from property consultants and industry analysts who closely monitor high-value celebrity real estate investments. The buyers of this prime residential asset have been identified as Munira Akberali Dandawala, Mahdiali Akberali Dandawala, and Zehra Mahdiali Dandawala, who completed the legal formalities by collectively paying a substantial stamp duty of Rs 21 lakh along with a standard registration fee of Rs 30,000 to seal the transaction.
The property involved in this major transaction is located within Shiv-Asthan Heights, a well-known residential tower nestled in one of the most prominent sectors of Bandra West. Official documents reveal that the apartment spans a comfortable carpet area of 758 square feet and was handed over to the new owners along with two dedicated car parking slots, which adds incredible transactional value given the severe parking space crunch in premium Mumbai neighbourhoods. Based on the ultimate sale value of Rs 3.50 crore, the deal translates to a premium rate of approximately Rs 46,000 per square foot on the carpet area. This pricing trend highlights how the valuation of mid-sized luxury apartments continues to skyrocket in coastal suburbs due to the limited availability of new residential projects and the everlasting brand value attached to celebrity-owned properties.
This specific real estate asset yields a profitable return for the actor when looking back at his long-term investment strategy. Salman Khan had originally purchased this exact 758 square foot Bandra West apartment back in 2015 for an acquisition cost of Rs 2.88 crore, meaning that holding onto the property for over a decade has helped him secure a capital appreciation gain of Rs 62 lakh. While the actor frequently rotates his extensive real estate portfolio through smart sales and rental leases, his primary residential address remains entirely unchanged. He continues to reside comfortably with his family at the iconic Galaxy Apartments situated near Bandstand, which has served as a landmark destination for his massive global fanbase for several decades. Bandra West itself remains the unmatched epicenter of luxury living for Bollywood icons, with major personalities like Shah Rukh Khan, Aamir Khan, and Sanjay Dutt actively maintaining residential roots in the immediate vicinity.
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