Indian cricket star KL Rahul and Bollywood actress Athiya Shetty have made a substantial investment in Mumbai’s upscale real estate market, purchasing a luxurious apartment in the coveted Pali Hill area for over INR 20 crore. The couple finalized the acquisition of a spacious 3,350 sq ft flat located in Sandhu Palace, a premier residential tower developed by Sandhu Builders.
The transaction, completed on July 15, involved a significant stamp duty payment amounting to INR 1.20 crore, underscoring the high value of the property. As part of the deal, KL Rahul and Athiya Shetty will also benefit from exclusive access to four dedicated car parking slots within the residential complex, enhancing the convenience and exclusivity of their new residence. Investing in real estate continues to be a preferred choice for high-profile individuals like Bollywood celebrities and sports personalities, not only for personal comfort but also as a lucrative asset class contributing to their investment portfolios.
Recognizing the stability and potential appreciation of real estate, these individuals strategically diversify their wealth into tangible properties that offer both prestige and long-term financial growth. The trend of celebrities actively participating in Mumbai’s real estate market remains robust. Renowned figures from Bollywood, including icons like Amitabh Bachchan, Shahrukh Khan, and Aishwarya Rai Bachchan, have historically invested in various high-end properties across the city, leveraging their financial capabilities to secure prime residential and commercial assets.
KL Rahul and Athiya Shetty’s acquisition of the Sandhu Palace apartment not only highlights their personal investment strategy but also reinforces the allure of Pali Hill as a prime residential destination in Mumbai. As celebrities continue to influence the city’s real estate landscape, such transactions serve as benchmarks in the market, reflecting both economic confidence and lifestyle aspirations among high net-worth individuals. The purchase by KL Rahul and Athiya Shetty signifies a strategic move within Mumbai’s competitive real estate market, where demand for luxury properties remains buoyant despite economic fluctuations. Their investment not only augments their personal portfolio but also contributes to the broader narrative of celebrity-driven real estate trends shaping Mumbai’s skyline.
