Bollywood stars Shraddha Kapoor and Shakti Kapoor have made a big splash in the Mumbai real estate market. The father-daughter duo recently purchased a stunning new apartment in the heart of the city for a whopping Rs 6.24 crore. The property, located in the prestigious Piramal Mahalaxmi South Tower, promises a luxurious lifestyle with breathtaking views of the racecourse and the Arabian Sea.
The transaction, which was completed on January 13, 2025, has attracted a lot of attention. The apartment is spacious, with a carpet area of 1,042.73 square feet, and it includes two balconies, offering plenty of room for relaxation and outdoor views. The price per square foot comes to Rs 59,875, reflecting the upscale nature of the property.
The seller of the apartment is Glyder Buildcon Realtors Private Limited, a company that has contributed to several high-end real estate developments in Mumbai. The Kapoors’ latest purchase comes as no surprise, given Shraddha’s growing interest in luxury properties in the city.
This is not Shraddha’s first major real estate investment. In December 2024, she was also in the news for renting an extravagant apartment in Juhu, another posh area of Mumbai. The rent for the Juhu apartment is Rs 6 lakh per month, and the space covers a sprawling 3,929 square feet. This luxury residence, located on the third floor of a modern residential tower, is set up for a 12-month lease, with Shraddha reportedly paying the full amount upfront. Juhu is also where her parents, Shakti Kapoor and Shivangi Kolhapure, live, making it a convenient location for the actress.
Shraddha’s latest real estate move shows that she is making strategic choices when it comes to her investments. The Piramal Mahalaxmi South Tower offers top-notch amenities and is one of the most sought-after addresses in Mumbai, known for its exclusivity and panoramic views. The location itself is prime, with easy access to the city’s business hubs and entertainment centers.
The Kapoor family’s decision to buy in such a prestigious tower also points to the rising demand for luxury real estate in Mumbai. More Bollywood celebrities are turning to the city’s high-end properties as their investments of choice. In fact, Shraddha is not alone in making these types of investments. Recently, actor Varun Dhawan and his wife Natasha Dalal also made headlines for purchasing a luxury apartment in Juhu. Their new residence, reportedly worth Rs 44.52 crore, is located on the seventh floor of an under-construction building. The apartment’s price per square foot is over Rs 87,000, further underscoring the premium nature of the city’s real estate market.
Both Shraddha and Shakti’s purchase reflects the growing trend of celebrities embracing a lavish lifestyle while securing their financial future. These investments not only highlight the value of real estate in Mumbai but also underscore how the city’s most successful figures are positioning themselves for long-term growth.
The Piramal Mahalaxmi South Tower is known for its top-tier design and world-class amenities, including a fitness center, swimming pool, and concierge services. These features make it the perfect fit for celebrities like Shraddha and Shakti Kapoor, who prioritize both comfort and style.
With real estate investments like these, the Kapoors continue to cement their status as prominent figures in both Bollywood and Mumbai’s high society. As Mumbai’s real estate market continues to evolve, it’s clear that the Kapoors are making the most of the city’s luxury offerings.
