Hema Malini Property Sale: Actress Sells Mumbai Apartments for Rs 12.5 Crore
- THE MAG POST
- Sep 5
- 4 min read
The allure of Mumbai real estate, particularly for those with a significant portfolio, remains as potent as ever, as evidenced by the recent property dealings of veteran actress Hema Malini. She has strategically sold two apartments in the bustling Oshiwara area, raking in a considerable Rs 12.50 crore. This significant transaction, officially registered in August 2025, not only underscores the enduring appeal of Mumbai's property market but also offers a fascinating glimpse into the financial maneuvers of public figures. These sales in the Oberoi Springs complex, each spanning approximately 847 sqft of carpet area, were finalized with each unit fetching Rs 6.25 crore, complete with dedicated parking, reflecting the premium value attached to well-located urban dwellings.
A Star's Property Maneuvers in Mumbai's Prime Locale
The bustling real estate market of Mumbai has once again seen a significant transaction, this time involving the esteemed actress and politician, Hema Malini. Recently, Malini divested two of her prime residential properties located in the coveted Oshiwara area, fetching a substantial Rs 12.50 crore. These transactions, officially documented and registered in August of 2025, highlight the enduring allure of Mumbai's property market, particularly for high-value assets in well-established locales. The sale underscores the continued demand for premium housing in the city, even amidst fluctuating economic conditions, and points to the strategic investment decisions made by individuals with substantial property portfolios.
Unpacking the Oberoi Springs Deal
The two apartments, both situated within the prestigious Oberoi Springs complex, share remarkably similar specifications. Each unit boasts a carpet area of approximately 847 square feet, translating to about 79 square meters, and a built-up area of close to 1,017 square feet, or 94.46 square meters. This uniformity suggests a strategic acquisition or development, and their subsequent sale as individual units indicates a clear investment strategy. The identical nature of the properties may have streamlined the sales process, appealing to buyers seeking similar living spaces or investment opportunities within the same exclusive development.
Financials and Associated Costs
Each of the two apartments was transacted at an individual price of Rs 6.25 crore, a figure that reflects the premium location and the quality of the Oberoi Springs address. Importantly, each sale was inclusive of one dedicated car parking space, a valuable commodity in Mumbai's congested urban landscape. Beyond the sale price, the transactions incurred significant ancillary costs. Buyers collectively paid Rs 31.25 lakh in stamp duty for each unit, alongside registration charges amounting to approximately Rs 30,000. These figures illustrate the substantial financial commitment involved in property acquisition in Mumbai, encompassing not just the base price but also various government levies and administrative fees.
Andheri West: A Hub of Opportunity
The Oshiwara locale, part of the larger Andheri West area, is a dynamic and highly desirable residential and commercial hub. Its reputation as a prime lifestyle destination is well-earned, characterized by its upscale housing options, vibrant entertainment scene, and a lively social environment. Connectivity is a major draw, with seamless access to major arterial roads like the Western Express Highway and SV Road, alongside robust public transport networks including suburban rail and the Versova-Ghatkopar Metro. This strategic positioning ensures residents can easily commute to key business districts such as Bandra Kurla Complex (BKC), Goregaon, and Andheri East. The area's landscape is dotted with contemporary luxury high-rises and premium residential societies, further cementing its status as one of Mumbai's most sought-after markets for discerning homebuyers and astute investors alike.
Hema Malini: Beyond the Silver Screen
Hema Malini's legacy extends far beyond her celebrated career in Indian cinema. Renowned as the 'Dream Girl' of Hindi cinema, she captivated audiences with her performances, rising to prominence in the late 1960s and becoming a leading actress throughout the 1970s and 1980s. Her artistic talents are multifaceted; she is also an accomplished Bharatanatyam dancer, having graced stages across the globe with her performances. Complementing her artistic pursuits, Malini has carved a significant niche in the political arena. She has served as a Member of Parliament, representing the constituency of Mathura, demonstrating a commitment to public service alongside her enduring presence in the arts and entertainment industry.
Investment Insights and Market Dynamics
The sale of these two apartments by Hema Malini offers a glimpse into the strategic real estate decisions of public figures and the consistent demand in Mumbai's premium property segments. The Rs 12.50 crore total reflects not only the value of the properties themselves but also the underlying strength of the Mumbai real estate market. Areas like Oshiwara, benefiting from excellent infrastructure and connectivity, continue to attract significant investor interest. Such transactions serve as indicators of market sentiment, suggesting that despite economic fluctuations, prime real estate remains a robust investment class, particularly in India's financial capital. The careful documentation and registration processes ensure transparency and security for all parties involved, reinforcing the integrity of these high-value deals.
Final Word on Mumbai's Property Landscape
The recent property transactions involving Hema Malini in Oshiwara serve as a compelling case study in Mumbai's dynamic real estate sector. The sale of two well-appointed apartments for a combined Rs 12.50 crore highlights the enduring value proposition of prime Mumbai locales. Factors such as location, property specifications, and robust infrastructure continue to drive demand and maintain property values. As the city grows, areas like Andheri West, with their blend of upscale living and essential connectivity, are poised to remain attractive to investors and residents alike, ensuring that significant property dealings will continue to be a hallmark of Mumbai's economic landscape.
Property Details | Hema Malini's Oshiwara Apartments |
Location | Oshiwara, Andheri West, Mumbai |
Total Sale Value | Rs 12.50 crore |
Number of Apartments Sold | 2 |
Sale Price Per Apartment | Rs 6.25 crore |
Carpet Area Per Apartment | 847 sqft (approx. 79 sqm) |
Built-up Area Per Apartment | 94.46 sqm (approx. 1,017 sqft) |
Included Amenities Per Apartment | 1 Car Parking Space |
Stamp Duty Per Apartment | Rs 31.25 lakh |
Registration Charges Per Apartment | Rs 30,000 (approx.) |
Registration Date | August 2025 |
Key Selling Points of Andheri West | Upscale housing, entertainment, excellent connectivity (Western Express Highway, SV Road, Metro), vibrant social fabric. |
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