Salman Khan Sells Bandra Apartment for ₹5.35 Crore: Here's Everything You Need to Know

Salman Khan Offloads Bandra West Apartment for ₹5.35 Crore

Bollywood megastar Salman Khan has sold his Bandra West apartment for a reported ₹5.35 crore, marking one of the most talked-about real estate deals in Mumbai’s celebrity circles this month. The transaction was formally registered in July 2025, and details of the deal have since been made public.

Located in Shiv Asthan Heights on 16th Road, Bandra West, the flat spans approximately 1,318 sq ft and comes with three designated car parking spaces—a rarity in the city’s high-demand residential zones.

A Strategic Real Estate Move

Though Salman Khan is synonymous with Galaxy Apartments on Bandstand—his long-time family home—the apartment in Shiv Asthan Heights was a separate investment property. Before selling the flat, Salman had leased it out from 2023 to 2025, earning a total of ₹56.6 lakh in rental income over three years. The rent started at ₹1.5 lakh per month and rose to ₹1.65 lakh in the final year.

The buyer of the flat reportedly paid ₹32 lakh in stamp duty and ₹30,000 in registration charges, taking the total transaction cost to over ₹5.67 crore.

Why This Sale Matters

This sale is significant for multiple reasons:

• High-profile sale in a premium location: Bandra West continues to be one of Mumbai’s most coveted residential areas, and celebrity property sales often reflect larger market trends.

• Smart investing: Salman’s decision to rent before selling shows a methodical approach to real estate—generating rental income before a profitable exit.

• Media interest: With Salman Khan’s name attached, even a routine transaction becomes national news, and this sale is no exception.

  
  

Salman Khan’s Real Estate Portfolio

While the Shiv Asthan Heights flat is now sold, Salman still resides in Galaxy Apartments, a building that has become iconic among his fans. The superstar is also reported to own properties in Panvel, Dubai, and other locations, but he has kept Galaxy as his base for decades.

The sale does not suggest any relocation or downsizing—rather, it's viewed as a smart portfolio adjustment. With Mumbai’s real estate market showing signs of strong appreciation, strategic sales like this help celebrities unlock value from earlier investments.

Salman Khan’s ₹5.35 crore Bandra sale underscores not just the value of prime Mumbai real estate but also the evolving investment patterns of Bollywood’s biggest stars. Whether it's screen presence or property portfolios, Salman continues to make headlines—and smart moves.