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Madhuri Dixit has sold a commercial office in Mumbai's Andheri West for Rs 4.85 crore, nearly 18 years after purchasing the property for Rs 52.5 lakh, marking an appreciation of nearly 824 per cent in the asset's value, according to property registration documents accessed by CRE Matrix.
The commercial office space was purchased by Frames Production Company Private Limited, and the transaction was registered on June 23, 2026, the documents showed.
Property details and 824% appreciation over 18 years
According to the property registration documents, the office sold by the actor is located on the fourth floor of a building named Morya Landmark-II Premises Co-operative Society Ltd in Oshiwara, off Link Road, Andheri West.
- Carpet area: 1,594.24 sq ft
- Sale price: Rs 4.85 crore
- Stamp duty: Rs 29.10 lakh
- Includes three car parking spaces
The documents show the same office was purchased by Madhuri Dixit under an agreement dated May 14, 2008, for Rs 52.5 lakh.
Based on the latest transaction value, the property has appreciated by approximately 824 per cent over the nearly 18-year holding period, underscoring strong long-term growth in the area's commercial property values.
Madhuri Dixit and Frames Production Company Private Limited could not be reached for comment.
Also Read: Hrithik Roshan Leases Mumbai Office for ₹17 Lakh/Month
Recent lease in Lower Parel's One Lodha Place
In March 2026, Madhuri Dixit took a commercial office space on lease in Mumbai's Lower Parel for five years at a total rent of Rs 2.81 crore, as per documents reviewed by Square Yards.
The commercial unit is located in One Lodha Place, Lower Parel, with a carpet area of 731 sq ft, and the deal also includes one car parking space.
- Stamp duty: Rs 72,600
- Registration charges: Rs 1,000
- Security deposit: Rs 17 lakh
- Lease tenure: 60 months (5 years)
The agreed monthly rent starts at Rs 4.25 lakh for the first year, increasing by 5 per cent to Rs 4.46 lakh in the second year, reflecting a standard annual escalation clause built into the lease.
Bollywood stars increasingly investing in commercial real estate
Bollywood celebrities are increasingly expanding beyond luxury homes into commercial real estate.
Several office purchases and leases by stars including Hrithik Roshan, Saif Ali Khan, Kartik Aaryan and Madhuri Dixit reflect a growing preference for income-generating commercial assets alongside high-value residential investments, real estate experts said.
Taken together, Dixit's Andheri sale and her separate Lower Parel lease illustrate this broader pattern, with the actor both realising gains on a long-held commercial asset and simultaneously taking on new commercial office space elsewhere in the city.
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