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Preity Zinta buys apartment in Mumbai’s Pali Hill

Preity Zinta, Bollywood actor and entrepreneur, has purchased a residential apartment in Mumbai's Pali Hill area for over Rs 17 crore. The apartment, located on the 11th floor of an under-construction tower, has a carpet area of 1,474 sq ft. Zinta will also have access to an additional 90 sq ft and two parking slots.

Bollywood actor and entrepreneur Preity Zinta has purchased a residential apartment spread over nearly 1,721 sq ft in a super-premium residential tower Rustomjee Parishram in Mumbai’s plush Pali Hill area in Bandra suburb for over Rs 17 crore.

The transaction for the house on the 11th floor of the under-construction tower values it at over Rs 1.15 lakh per sq ft on the basis of a carpet area of 1,474 sq ft. In addition to the carpet area, Zinta will also get exclusive access to additional over 90 sq ft and two car parking slots.

The buyer has paid over Rs 85 lakh as stamp duty for the registration of the deal that took place on Monday, shows documents accessed through Indextap(dot)com. Zinta has bought the property directly from developer Rustomjee Group’s listed entity Keystone Realtors.

The project, which involves redevelopment of a housing society, is spread over nearly half an acre and is currently under construction. The 22-storey development comprises 17 habitable floors.

Recently, Bollywood film producer and director Dinesh Vijan also purchased a luxury duplex apartment spread over nearly 7,800 sq ft in this residential tower Rustomjee Parishram in for nearly Rs 103 crore.

Apart from personalities from the Hindi film industry, the micro market of Bandra and Juhu counts many industrial and corporate world biggies as its prominent residents.

ET’s email query to Rustomjee Group CMD Boman Irani and text message to Zinta remained unanswered until the time of going to press.

Mumbai, the country’s largest and most expensive real estate market, has been setting new benchmarks with property transactions. Several large-ticket record-setting transactions involving industrialists, CXOs, actors, and sports personalities have been taking place in the country’s commercial capital since the last few quarters.

Among Bollywood personalities, luxury residential deals including that of Amitabh Bachchan, Ranveer Singh, Hrithik Roshan, Rani Mukherjee, Kartik Aryan, Alia Bhat, and Disha Patani have created the buzz in the property market.

Recently, Siddharth Jain, part of INOX Group’s promoter family, had bought a sea-view luxury quadruplex apartment in a super-premium residential tower on Dr. Annie Besant Road in Mumbai’s tony locality of Worli for Rs 144 crore.

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