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

08 Jul 2024 CW Team

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)

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..