Ronit Roy buys Rs 190 million apartment in Mumbai's Versova
Real Estate

Ronit Roy buys Rs 190 million apartment in Mumbai's Versova

Bollywood actor Ronit Roy has acquired a sea-view luxury apartment in Mumbai?s Versova locality for nearly Rs 190 million from realty developer Macrotech Developers. The apartment, located on the 20th floor of an upcoming tower in Andheri's western suburb, spans 4,259 sq ft and includes exclusive access to four car parking slots. Roy, along with his wife Neelam, completed the deal on June 10, paying a stamp duty of approximately Rs 11.4 million, according to documents accessed through IndexTap.com.

The under-construction project, a 29-story structure, is scheduled for completion and delivery by December 2026. The source?s email query to Macrotech Developers remained unanswered at the time of publishing, and Ronit Roy was unavailable for comment.

Real estate remains a top investment choice for high net-worth individuals, with Bollywood celebrities actively acquiring properties for both personal use and investment purposes. Prominent personalities such as Amitabh Bachchan, Shahrukh Khan, Shilpa Shetty, Akshay Kumar, Abhishek Bachchan, and Aishwarya Rai have invested in various real estate ventures.

The Indian residential real estate market reached an 11-year sales high in the first half of 2024, driven by stable economic conditions and market confidence despite higher mortgage rates. Mumbai, the largest and most expensive property market, led this trend, consistently recording over 10,000 property registrations each month in the first half of 2024 and achieving year-on-year growth in registrations for 11 consecutive months since August 2023.

(Source: ET)

Bollywood actor Ronit Roy has acquired a sea-view luxury apartment in Mumbai?s Versova locality for nearly Rs 190 million from realty developer Macrotech Developers. The apartment, located on the 20th floor of an upcoming tower in Andheri's western suburb, spans 4,259 sq ft and includes exclusive access to four car parking slots. Roy, along with his wife Neelam, completed the deal on June 10, paying a stamp duty of approximately Rs 11.4 million, according to documents accessed through IndexTap.com. The under-construction project, a 29-story structure, is scheduled for completion and delivery by December 2026. The source?s email query to Macrotech Developers remained unanswered at the time of publishing, and Ronit Roy was unavailable for comment. Real estate remains a top investment choice for high net-worth individuals, with Bollywood celebrities actively acquiring properties for both personal use and investment purposes. Prominent personalities such as Amitabh Bachchan, Shahrukh Khan, Shilpa Shetty, Akshay Kumar, Abhishek Bachchan, and Aishwarya Rai have invested in various real estate ventures. The Indian residential real estate market reached an 11-year sales high in the first half of 2024, driven by stable economic conditions and market confidence despite higher mortgage rates. Mumbai, the largest and most expensive property market, led this trend, consistently recording over 10,000 property registrations each month in the first half of 2024 and achieving year-on-year growth in registrations for 11 consecutive months since August 2023. (Source: ET)

Next Story
Infrastructure Transport

NHAI Tightens Contractor Norms to Boost Highway Quality

The National Highways Authority of India (NHAI) has revised Request for Proposal (RFP) provisions to enhance the quality of highway projects, reduce delays, and lower lifecycle costs. The updates tighten contractor qualification norms, strengthen execution compliance, and increase financial transparency, the Ministry of Road Transport and Highways (MoRTH) said on Wednesday.The stricter RFP clauses will ensure that only technically capable and experienced contractors are eligible for national highway projects. RFPs formally invite bids from contractors, specifying project requirements, terms, a..

Next Story
Infrastructure Transport

Imphal to Gain Rail Connectivity with Jiribam Line Soon

Indian Railways is advancing rapidly on the Jiribam–Imphal railway line, a landmark project set to bring train connectivity to Imphal, the capital of Manipur. The 110.625 km line falls under the administrative control of the Northeast Frontier Railway (NFR) zone.Following the recent completion of the Bairabi–Sairang rail project, which enabled services from Aizawl (Sairang), Imphal will soon join the national rail network. During his visit to Manipur on 13 September 2025, Prime Minister Narendra Modi affirmed that the government is investing Rs 22 billion in the project.Currently, a 55.36 ..

Next Story
Infrastructure Transport

Adani to Double Colombo Terminal Capacity Ahead of Schedule

India’s Adani Group and its partners are set to double the capacity of the $840 million Colombo West International Terminal months ahead of schedule, despite relinquishing $553 million in U.S. funding, according to an executive at partner firm John Keells Holdings.The deepwater terminal, situated alongside a facility operated by China Merchants Port Holdings, highlights Sri Lanka’s strategic role in the contest for influence in the Indian Ocean between New Delhi and Beijing.The first phase of the fully automated terminal became operational in April 2025. The second and final phase is under..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?