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Mumbai’s luxury real estate scene is always buzzing, and this time, it’s Gauri Khan, renowned interior designer and wife of Bollywood superstar Shah Rukh Khan, making headlines. In a high-profile transaction, Gauri Khan has sold her 2,000 sq. ft. apartment in Dadar West’s Kohinoor Altissimo for ₹11.61 crore.
According to property registration records, the sale was finalized on March 28, 2025, with Devendra Chaukar (holding 87.5% ownership) and Vandana Agarwal (holding 12.5%) as the new buyers.
Situated on the 21st floor of Kohinoor Square, the apartment is part of an ultra-luxurious gated community built by Kohinoor CTNL Infrastructure Pvt Ltd. Known for its state-of-the-art amenities and prime location, this project continues to attract high-net-worth individuals looking for world-class living.
With two dedicated car parkings, the deal values the apartment at ₹58,507 per sq. ft.—a strong indicator of Mumbai’s thriving real estate market.
Reports suggest that Gauri Khan purchased the property in August 2022 for ₹8.5 crore. In under three years, the apartment’s value appreciated by 37%, reflecting Mumbai’s high demand for luxury homes.
This sale is also strategically timed as the Khan family temporarily moves out of their iconic sea-facing bungalow, Mannat. Currently undergoing expansion and renovation, Mannat’s annexe will take nearly two years to complete. Meanwhile, Shah Rukh Khan has leased two lavish duplexes in Mumbai’s upscale Pali Hill, Khar, for ₹8.67 crore over three years.
The demand for ultra-luxury homes in Mumbai has been at an all-time high.
Mumbai dominates India’s luxury real estate sector, accounting for 69% of all premium home sales, followed by Delhi NCR.
For more insights into Mumbai’s high-value property transactions, visit Mumbai Real Estate Market
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