Mumbai, July 2025 – Bollywood megastar Salman Khan has sold a luxury apartment in Bandra West, Mumbai, for ₹5.35 crore. This high-value real estate transaction highlights Bandra’s growing appeal as Mumbai’s most elite and celebrity-driven locality.
🏢 Flat Sold in Shiv Asthan Heights, Bandra West
The property is located in Shiv Asthan Heights, a modern residential building situated on 16th Road, Bandra West.
- Sale Price: ₹5.35 crore
- Area: 1,318 sq ft (≈122.45 m²)
- Parking: Includes 3 reserved car parking spaces
- Registration Date: July 3, 2025
- Stamp Duty Paid: ₹32.01 lakh
- Registration Charges: ₹30,000
- Distance from Galaxy Apartments: 2.2 km
The flat had been rented out earlier for ₹1.5 lakh/month, reflecting its value in Mumbai’s high-end rental market.
🏠 Salman Khan’s Primary Residence: Galaxy Apartments, Bandra
While he sold one apartment, Salman Khan continues to reside at his iconic home, Galaxy Apartments, located on Byramjee Jeejeebhoy Road at Bandstand in Bandra West.
- Unit Details: 1 BHK on ground floor; family lives on first floor
- Owned Since: Over 40 years (purchased by father Salim Khan)
- Estimated Market Value: ₹16 crore
- Famous For: Fan appearances on the sea-facing balcony
- Recent Upgrades: Bulletproof glass installed due to security concerns
📍 Why Bandra West Remains Mumbai’s Celebrity Real Estate Hotspot
Bandra West isn’t just a neighborhood—it’s a lifestyle choice for Bollywood’s biggest names. Here’s what makes it so desirable:
✨ Star-Studded Neighborhood
- Salman Khan, Shah Rukh Khan, Kareena Kapoor, Saif Ali Khan, Alia Bhatt, and many more reside here
📈 Real Estate Highlights
- Average property price (2025): ₹59,000–₹65,000 per sq ft
- High appreciation & rental income
- Rarity of premium flats with parking and sea views
🚉 Strategic Location
- Proximity to Western Express Highway, BKC, Mumbai Airport, and Metro Line
- Close to leading production houses and media hubs
- Lifestyle perks: sea promenade, fine dining, boutiques, fitness studios
💼 What This Property Deal Tells Us
- Strategic Portfolio Move: By selling the Bandra flat, Salman Khan may be streamlining his assets while holding on to his core home.
- Bandra’s Consistent Value: The transaction price reflects Bandra West’s sustained high demand and tight supply of luxury units.
- Enduring Sentiment: Galaxy Apartments isn’t just Salman’s address—it’s part of his identity. That emotional value surpasses real estate worth.
🔚 Conclusion
This ₹5.35 crore sale underlines Bandra West’s unmatched stature in Mumbai’s property landscape. While Salman Khan let go of one premium apartment, he remains deeply rooted at Galaxy Apartments—his iconic home and a landmark for fans and Mumbaikars alike.