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Time of India
2 days ago
- Business
- Time of India
Lloyds' promoter family buys luxury apartments in south Mumbai's Altamount Road for Rs 227 crore
Ravi Agarwal, part of the Lloyds Group promoters , and his family have acquired six sea-view super-luxury apartments including a seven-bedroom duplex in a residential tower Kalpataru Prive on south Mumbai's Altamount Road, for over Rs 227 crore. The family has acquired apartments spread across nearly 18,000 sq ft spanning the 18th to 23rd floors of the under-construction premium tower and is valued at Rs 1.27 lakh per sq ft making it rank among the most expensive and the largest residential transactions in the country this year. Explore courses from Top Institutes in Select a Course Category Data Analytics healthcare Technology Finance Operations Management Data Science Others Public Policy Healthcare Degree MCA Cybersecurity Data Science Artificial Intelligence Digital Marketing others Design Thinking Leadership Project Management PGDM Management Product Management MBA CXO Skills you'll gain: Data Analysis & Visualization Predictive Analytics & Machine Learning Business Intelligence & Data-Driven Decision Making Analytics Strategy & Implementation Duration: 12 Weeks Indian School of Business Applied Business Analytics Starts on Jun 13, 2024 Get Details The buyers have paid total stamp duty worth nearly Rs 13.29 crore for the registration of these transactions that took place on July 11. The deals will also provide the family exclusive access to 24 car parking slots in the tower, shows the registration documents accessed through The deal reaffirms Altamount Road's status as one of India's most expensive and exclusive residential micro-markets and a neighbourhood long associated with India's wealthiest industrialists and business leaders. Altamount Road has long served as home to industrial and corporate dynasties, top bureaucrats, elite families, and international consulates, earning its iconic nickname Billionaires' Row. Live Events In addition to being part of the Lloyds Group promoter family, Ravi Agarwal is Chairman of Lloyd Realty, the real estate arm of the diversified group, which has interests spanning steel, manufacturing, and infrastructure. ET's separate email queries to the Lloyds Group and the project's developer Kalpataru remained unanswered until the time of going to press. While this is among the largest transactions this year, Mumbai has also witnessed larger record-setting residential deals in 2025, including USV Pharmaceuticals' Leena Gandhi Tewari's Rs 639 crore Worli duplex purchase and Uday Kotak's over Rs 400 crore acquisition of sea-facing apartments recently. Mumbai continues to dominate the country's real estate market maintaining its streak of record-breaking transactions backed by unwavering demand from buyers despite steady growth in property prices and the government's recently announced hike in ready reckoner (RR) rates from April 1. South and Central Mumbai--home to India's costliest residences--have been at the forefront of this boom, attracting a string of high-value deals involving industrialists, senior corporate leaders, film stars, and sports icons in recent years.
India.com
02-07-2025
- Entertainment
- India.com
As Mannat's renovation continues, Shah Rukh Khan's wife, Gauri Khan, makes big move, decides to rent apartment for..., the price is Rs...
Superstar Shah Rukh Khan and Gauri Khan, along with their children, Aryan, Suhana, and AbRam, have moved into four floors of a luxury apartment building located in the nearby Pali Hill area of Bandra. They are residing in Puja Casa, a building co-owned by filmmaker Vashu Bhagnani, his son, actor-filmmaker Jackky Bhagnani, and daughter Deepshikha Deshmukh. The building is named after Pooja Bhagnani. Reports indicate that the superstar has leased two duplex apartments on the first, second, seventh, and eighth floors of the building. Gauri Khan Rents 2 BHK Apartment As per reports, Gauri Khan has rented a flat in Khar West, Mumbai, for her staff to use while Mannat, the Khan family's famous home, undergoes renovations. The apartment is situated in Pankaj Society, a well-known residential area in the city, and is only 100 meters away from another duplex she previously rented. According to lease documents obtained from the flat measures 725 sq ft and is located on the 4th floor (Flat No. 6). It has been leased from Sanjay Kishor Ramani for Rs 1.35 lakh per month, with a security deposit of Rs 4.05 lakh. The lease is for three years and includes a 5 percent increase in rent each year. The apartment has a hall, kitchen, two bedrooms, and two bathrooms. It is only 100 meters from where Shah Rukh Khan and Gauri Khan are currently living. The lease states that her staff can use the property for living purposes from April 10, 2025, to April 9, 2028. About Mannat's Renovation Shah Rukh Khan and Gauri Khan's home in Mumbai, Mannat, is about to get even more luxurious. Reports suggest that the famous bungalow might soon have two additional floors added to its current design. Mannat is a significant landmark and a well-known tourist attraction in Mumbai. Renowned for its opulence, the sea-view bungalow is valued at approximately Rs 200 crore. The Estimated Cost For Renovating Mannat As per reports, Gauri Khan has made a request to the coastal authorities to add two more floors to their existing home. Mannat is a heritage bungalow that was built in 1914, and the Khans also reside in a nearby six-storey modern building within the same complex. The new plan intends to increase this structure to eight storeys. The estimated cost for the proposed construction is an astounding Rs 225 crore, according to the report.
Hindustan Times
10-06-2025
- Entertainment
- Hindustan Times
Here's why Ranveer Singh and Deepika Padukone have re-registered a rental agreement for a luxury flat in Mumbai
Bollywood stars Ranveer Singh and Deepika Padukone have re-registered their rental agreement for a luxury apartment in Mumbai's Prabhadevi area, following a change in property ownership, according to property registration documents accessed by The couple had entered into a 36-month lease on November 13, 2024 for a sea-facing apartment on the 24th floor of Beau Monde Towers with the previous owner, Aruna Babulal Verma. The flat was subsequently sold to Ritu Khemka and Rohit Khemka on April 25, 2025, for a transaction value of ₹30 crore, according to The Bollywood star couple re-registered the rental agreement with the new owners on May 30, 2025, maintaining their ₹7 lakh monthly rent for the luxury Mumbai apartment. The 28-month lease follows the property's recent ownership transfer. The luxury apartment has a carpet area of 2,319.5 sq ft and a built-up area of 3,245 sq ft. The agreement also includes three dedicated car parking spaces. Beau Monde Towers is known for housing several high-profile residents and offers amenities like a swimming pool, gym, and top-tier security. Prabhadevi is located in central Mumbai and is well connected to the Western and central suburbs, as well as key roadways such as the Western Express Highway and the Worli-Bandra Sea Link. The area is known for the iconic Siddhivinayak Temple and has popular landmarks like Dadar Beach and High Street Phoenix. Also Read: New parents Deepika Padukone and Ranveer Singh rent apartment in Mumbai's Prabhadevi for ₹7 lakh per month Deepika Padukone already owns a property in Beau Monde Towers, a luxury residential project by the Ashwin Sheth Group offering 2, 3, 4, and 5 BHK apartments. In September 2024, Deepika Padukone's firm KA Enterprises had purchased a 1845 sq ft apartment for ₹17.8 crore in Mumbai's Bandra West area for ₹17.7 crore, documents accessed by showed. Padukone purchased an apartment on the 15th floor of Sagar Resham Co-operative Housing Society, which is located close to Shah Rukh Khan's bungalow Mannat. The apartment's built-up area rate works out to be ₹96,400 per sq ft. The deal incurred a stamp duty of nearly Rs. 1.07 crore and registration charges of Rs. 30,000, the documents showed. According to property registration documents, Deepika Padukone and Ranveer Singh purchased a 5 BHK bungalow on 9,000 square metres (sq m) of land in a village called Mapgaon in Alibag for ₹22 crore in September 2021.
Pink Villa
10-06-2025
- Entertainment
- Pink Villa
Why has Shah Rukh Khan's wife Gauri Khan rented another Rs 1.35 lakh flat? Details inside
It is not a hidden fact that Shah Rukh Khan and his family are not living in their iconic Mumbai abode, Mannat, now. This was after their residence went under renovation earlier this year. The residence was also home to several staff members who took care of the Khan family. And now, the latest reports suggest that Gauri Khan has rented a flat for her staff members in Mumbai's Khar area. As per reports derived from by News 18, it is said that Gauri has rented a flat for Rs 1.35 lakh in Pankaj society for her staff members. This society is located in one of Mumbai's well-known residential spots and is just 100 metres away from another duplex apartment she had rented right after Mannat went under renovation. The reports further reveal that the rented flat is on the 4th floor of the building and it is around 725 sq ft. It has been rented from Sanjay Kishor Ramani, and apart from the rent, a security deposit of Rs 4.05 lakh is also paid. Reportedly, this agreement is for 3 years and promises a 5 per cent rent hike every year. Earlier, there were reports that Shah Rukh Khan's wife has rented two duplexes in Khar's Pali Hill for Rs 8.67 crore. This is also for 3 years. The renovation work had landed the Khan family in trouble somewhere around March. According to a report by Bar & Bench on Monday, activist Santosh Daundkar had filed a plea with the National Green Tribunal (NGT), claiming that Shah Rukh Khan and the Maharashtra Coastal Zone Management Authority (MCZMA) did not secure the necessary Coastal Regulation Zone (CRZ) clearance for the renovation of Mannat. Given that the bungalow is classified as a Grade III heritage structure, any modifications require official approval. The report also stated that Khan intended to add two additional floors to his six-storey bungalow. It also alleges that he converted twelve 1-BHK flats, originally designated for mass housing, into a single-family residence. Talking about his work front, Shah Rukh Khan is all geared up to shoot for King, which will also star his daughter Suhana Khan and Deepika Padukone.
News18
10-06-2025
- Entertainment
- News18
Gauri Khan Rents Rs 1.35 Lakh Flat For Staff As Mannat Undergoes Renovation: Report
Last Updated: Gauri Khan has rented a 725 sq ft flat in Mumbai's Khar West for her staff during Mannat's renovation. The flat costs Rs 1.35 lakh per month. Shah Rukh Khan's wife, Gauri Khan, has taken a flat on rent in Mumbai's Khar West for her staff to stay in while Mannat, the Khan family's iconic home, is getting renovated. The apartment is located in Pankaj Society, one of the city's well-known residential spots, and is just 100 metres from another duplex she has rented earlier. As per lease documents sourced via the flat is 725 sq ft and is on the 4th floor (Flat No. 6). It's been rented from Sanjay Kishor Ramani at Rs 1.35 lakh per month, with a security deposit of Rs 4.05 lakh. The agreement is for three years and includes a 5 per cent rent hike each year. In April, Gauri had also rented two duplexes in Khar's Pali Hill for Rs 8.67 crore for three years. Shah Rukh Khan and Gauri Khan's Mumbai home, Mannat, is set to become even more lavish. According to reports, the iconic bungalow may soon have two more floors added to its existing structure. Mannat is a major landmark and a popular tourist stop in Mumbai. Known for its grandeur, the sea-facing bungalow is estimated to be worth around Rs 200 crore. According to reports, Gauri Khan has submitted a request to the coastal authorities to add two more floors to their current residence. While Mannat itself is a heritage bungalow built in 1914, the Khans also live in an adjoining six-storey modern building within the same complex. The new proposal aims to expand this structure to eight storeys. The estimated cost of the planned construction is a whopping Rs 225 crore, as per the report. In an earlier radio interview, SRK revealed that he purchased Mannat because his mother-in-law, Savita Chhibber found his initial place, a penthouse, very small. Shah Rukh Khan said, 'I am from Delhi. Delhiites are used to living in big houses. But in Mumbai, there is a concept of living in an apartment. Even if one is not rich in Delhi, he tries to buy a small bungalow." He continued, 'When I came to Mumbai, I lived in a small apartment with my wife Gauri. My mother-in-law used to say to me, 'How do you live in such a small house?'" Shah Rukh then said that when he saw Mannat, the first thing that struck his mind was that it resembled the houses in Delhi. 'I decided to buy Mannat on the spur of the moment," he said. Shah Rukh Khan bought Mannat around Gauri Khan's birthday in 2001 and took a huge loan from the bank to purchase the property. Due to a lack of funds, Gauri Khan herself designed the interiors of the house.
