Avadhoot Gupte acquires Rs 7.7 crore apartment in Bandra
The apartment is situated in Rustomjee Paramount, a premium project developed by Rustomjee Constructions Private Limited, spanning 1.65 acres and offering 2 BHK, 3 BHK, 4 BHK, and 5 BHK apartments. As per transaction document analysed by Square Yards, the property acquired by Gupte covers a carpet area of 126.14 sq. m. (1,357.77 sq. ft.) and a built-up area of 149.53 sq. m. (~1,609.53 sq. ft.), along with three car parking spaces.
The property is located in Khar West, a locality that offers a blend of luxury apartments and well-appointed amenities, appealing to discerning residents seeking both connectivity and tranquillity. With close proximity to international airport, prestigious schools, premium retail, and dining, Khar West continues to be a preferred choice for high-profile homebuyers. The transaction was finalized in October 2024, with stamp duty fees of Rs. 46.48 lakh and a registration fee of Rs. 30,000.
Square Yards also noted that in recent months, several other celebrities have invested in Bandra West, Mumbai, including high-profile figures like Ranveer Singh, Deepika Padukone, KL Rahul, and Athiya Shetty. This trend underscores Bandra West's increasing popularity as a top choice for luxury real estate investments, drawing in several prominent figures and celebrities to the area.
Avadhoot Gupte, a renowned singer, music director, and filmmaker in the Marathi industry, is celebrated for his versatile talent. He has delivered hit albums, composed chart-topping songs, and directed critically acclaimed films. Gupte has won several prestigious awards, including Maharashtra State Film Awards and Zee Gaurav Awards for his exceptional contributions to music and cinema.