Bollywood actor Ishaan Khatter has made a major real-estate move by purchasing a luxury apartment in Mumbai’s prestigious Pali Hill, Bandra. According to property registration documents accessed by CRE Matrix, the high-end apartment was acquired for ₹29.37 crore, further reinforcing Pali Hill’s status as one of India’s most expensive celebrity residential zones.
Key Highlights of Ishaan Khatter’s Property Deal
Location: Navroz Apartments, Pali Hill, Bandra
Purchase Value: ₹29.37 crore
Carpet Area: 2,989.05 sq ft
Seller: Kapil M. Mahtani
Registration Date: February 5, 2026
Stamp Duty Paid: ₹1.76 crore
Parking: 4 dedicated car parks
The apartment is part of the Navroze Premises Co-operative Society, a well-known residential address in the area. While neither Ishaan Khatter nor the seller commented on the transaction, the deal has drawn attention due to its scale and prime location.
Why Pali Hill Remains Mumbai’s Most Sought-After Celebrity Address
Pali Hill has long been synonymous with luxury living and Bollywood royalty. Nestled in Bandra, this leafy, upscale neighborhood consistently commands property prices between ₹80,000 and ₹1.30 lakh per sq ft, making it one of Mumbai’s most expensive residential pockets.
Its popularity among actors and filmmakers stems from:
Proximity to major film hubs like Andheri, Juhu, Versova, and Goregaon Film City
Quiet, low-density lanes combined with premium security
A long legacy of celebrity residents and heritage bungalows
Over the decades, Bandra—and especially Pali Hill—has evolved into the preferred residential hub for India’s film fraternity.
Bollywood Celebrities with Homes in Pali Hill
Several prominent names from the Hindi film industry own or have leased properties in and around Pali Hill, including:
Shah Rukh Khan
Aamir Khan
Ranbir Kapoor
Alia Bhatt
Dilip Kumar
Jackie Shroff
Sanjay Dutt
This concentration of celebrity homeowners has made Pali Hill not just a residential location, but a powerful brand in Mumbai’s luxury real-estate market.
Recent High-Profile Property Transactions in Pali Hill
Celebrity real-estate activity in Pali Hill has remained strong over the past few years:
Shah Rukh Khan leased two duplex apartments in Pali Hill, Khar, for ₹8.67 crore over three years, with monthly rents exceeding ₹11 lakh per unit.
Aamir Khan rented four apartments on Nargis Dutt Road in Pali Hill for a combined monthly rent of ₹24.5 lakh. The redeveloped project is expected to feature ultra-luxury sea-view residences priced above ₹1 lakh per sq ft, with select units reportedly crossing ₹100 crore.
These deals highlight the sustained demand for luxury rentals and ownership in the area, even at premium valuations.
Ishaan Khatter’s Growing Presence in Bollywood and Real Estate
The son of actors Rajesh Khattar and Neelima Azeem, Ishaan Khatter began his acting journey as a child in Vaah! Life Ho Toh Aisi! (2005). Over the years, he has carved a distinct identity in contemporary Bollywood. This Pali Hill purchase reflects not only professional success but also a strategic investment in one of Mumbai’s most resilient luxury property markets.
What This Deal Signals for Mumbai Luxury Real Estate
Ishaan Khatter’s ₹29.37 crore home purchase reinforces a clear trend: celebrity-driven demand continues to anchor premium pricing in Bandra’s Pali Hill. With limited supply, strong lifestyle appeal, and unmatched brand value, the area is expected to remain a top choice for high-net-worth individuals and film industry insiders alike.
As Mumbai’s luxury real-estate market matures, transactions like these underline why Pali Hill consistently ranks among the city’s most exclusive and high-performing residential destinations.
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