Kailash Kher Sells 2,619 sq ft Office Space in Mumbai's BKC for Rs 10.75 Crore
Singer Kailash Kher has sold an office space in Mumbai's Bandra Kurla Complex for Rs 10.75 crore, earning a profit of Rs 25 lakh. The sale was registered on September 9, 2026.
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What Happened?
Singer Kailash Kher has sold an office space in Mumbai's Bandra Kurla Complex for Rs 10.75 crore, earning a profit of Rs 25 lakh. The sale was registered on September 9, 2026.
Why it matters
This sale highlights the ongoing demand for commercial real estate in Mumbai's BKC.
Key points
- Kailash Kher sold a 2,619 sq ft office space for Rs 10.75 crore.
- He purchased the property for Rs 10.50 crore less than a year ago.
- The sale registered on September 9, 2026, with Lakewater Retail Private Limited as the buyer.
- The property is located on the seventh floor of Trade Centre in BKC.
- Kher's profit from the sale is Rs 25 lakh, but actual net profit may be lower after expenses.
- BKC is a prime commercial real estate location in India.
Key insights
- The sale reflects a modest appreciation of 2.4% in less than a year.
- BKC continues to attract celebrity investments, indicating its desirability.
- Kher's transaction may influence other celebrities considering property investments.
AI Quick Summary
Kailash Kher sold an office space in Mumbai for Rs 10.75 crore, earning a profit of Rs 25 lakh.
Source
Times of India