Salim Merchant Buys Santacruz Property for ₹12.85 Cr

Music composer Salim Merchant has purchased a commercial property in Santacruz West, Mumbai, for ₹12.85 crore, jointly with four other individuals. The transaction was registered on October 7, 2026, according to property registration documents accessed by CRE Matrix.

Salim Merchant Buys Commercial Property in Santacruz

The commercial premises are located in DLH Mangal Murti, at the junction of Linking Road and Talmaki Road in Santacruz West.

The property spans the ground and first floors of the building, with a combined carpet area of 1,285 sq ft.

The ground-floor unit measures 575 sq ft, while the first-floor premises cover 710 sq ft.

The transaction includes one car parking space and was completed with Shreeja Devcon Private Limited as the seller.

Ownership Shares and Registration Charges

Merchant holds a 50% ownership share in the commercial property. The remaining 50% is divided equally among the four other purchasers, with each holding a 12.5% share.

The property was acquired for ₹12.85 crore, translating to approximately ₹1 lakh per sq ft of carpet area.

The purchasers paid stamp duty of ₹77.10 lakh, equivalent to 6% of the stated transaction value.

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Linking Road's Commercial Property Location

The property is situated on Linking Road, a prominent retail high street in Mumbai that attracts local shoppers and visitors from other parts of the city.

Its location at the junction with Talmaki Road places the commercial premises within an established shopping destination.

The transaction adds to the reported commercial real estate purchases by well-known personalities in Mumbai.

However, Merchant and Shreeja Devcon Private Limited could not be reached for comment regarding the deal.

Also Read: Tiger Shroff Sells Mumbai Flat for ₹9 Crore

Key Takeaways

• Transaction value: ₹12.85 crore for the commercial property.
• Property area: 1,285 sq ft of carpet area across the ground and first floors.
• Ownership: Salim Merchant holds 50%, while four other purchasers each hold 12.5%.
• Stamp duty: ₹77.10 lakh, with one car parking space included in the transaction.

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