+
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
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?