Salim Service provider, together with 4 different people, has bought a business property unfold throughout the bottom and first flooring of a constructing in Mumbai’s Santacruz (West) for a complete consideration of ₹12.85 crore, in keeping with property registration paperwork accessed by CRE Matrix.
The transaction was registered on October 7, 2026, with the purchasers paying stamp responsibility of ₹77.10 lakh, in keeping with the paperwork. Service provider holds a 50% share within the property, whereas the remaining possession is split equally amongst 4 different purchasers, every holding a 12.5% share.
The business premises are situated in a constructing named DLH Mangal Murti, on the junction of Linking Street and Talmaki Street in Santacruz (West), Mumbai. The property has a mixed carpet space of 1,285 sq ft, comprising 575 sq ft on the bottom ground and 710 sq ft on the primary ground.
The property was bought from Shreeja Devcon Non-public Restricted, at ₹12.85 crore, which interprets to roughly ₹1 lakh per sq ft of carpet space. The full stamp responsibility of ₹77.10 lakh quantities to six% of the said consideration of ₹12.85 crore. The settlement information one automotive parking area as a part of the transaction, the paperwork present.
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Linking Street is certainly one of Mumbai’s outstanding procuring locations, also called retail high-street, attracting each native consumers and guests from different components of town. Industrial properties in such established places can enchantment to patrons searching for retail area in areas with present client exercise and connectivity.
Salim Service provider and Shreeja Devcon Non-public Restricted couldn’t be reached for remark.
Additionally Learn: From Sonu Sood to Saif Ali Khan, Bollywood stars put money into business actual property for rental earnings and long-term wealth
Industrial actual property profitable amongst Bollywood and famous personalities
Lately, Bollywood singer Sonu Nigam has bought three business items in Mumbai’s Andheri West for a mixed ₹17 crore, in keeping with property registration paperwork accessed by CRE Matrix. The transactions, registered on August 6, 2026, contain two adjoining business items on the primary ground and one other workplace unit on the bottom ground of the Aston constructing in Sundervan Advanced, situated on Lokhandwala Street.
A number of Bollywood stars have been within the information over time for both buying business properties in Mumbai or for leasing them out to earn excessive rental yields, in keeping with actual property consultants. Bollywood personalities resembling Karishma Kapoor, Kareena Kapoor, Saif Ali Khan, Salman Khan, Amitabh Bachchan and Ajay Devgn have invested in business actual property in Mumbai.