US Firm Executive Buys Rs 26.2 Cr Bandra Apartment

A senior executive at a US-based alternative asset management firm has purchased a sea-facing luxury apartment in Mumbai's Bandra.

The deal is worth Rs 26 crore. The rate works out to Rs 1.30 lakh per sq ft, among the highest in Bandra. This is according to property registration documents accessed by Zapkey.

The apartment sits on the lower floor of the building. It measures 2,002 sq ft of RERA carpet area, plus an additional 212 sq ft of balcony and deck space.

The transaction was registered on September 21, 2026, with JGB Builders LLP, also known as Satguru Builders, as the seller.

Deal Details

The registered transaction value is Rs 26,19,04,762. Based on the 2,002 sq ft RERA carpet area, this works out to approximately Rs 1,30,821 per sq ft.

The deal ranks among the high-value residential transactions in Mumbai's western suburbs, where premium homes in locations like Bandra West command substantial premiums due to location, limited supply, and proximity to the sea.

The homebuyer paid a stamp duty of Rs 1.57 crore and a registration fee of Rs 30,000, the documents show.

About the Property

The apartment is part of the Satguru Kismet project in Bandra West. It is located close to Sachin Tendulkar's bungalow, Carter Road, and the upcoming Bandra-Versova Sea Link connector.

In September 2025, a US-based NRI couple bought two sea-facing apartments in the same building for over Rs 56 crore.

That deal was priced at a record Rs 1.27 lakh per sq ft, according to property registration documents accessed by CRE Matrix.

Those two apartments each measured 2,189 sq ft, with balcony deck areas of around 120 sq ft each.

Also Read: Akshaye Vinod Khanna Buys Malabar Hill Flat for ₹33.26 Crore

About Bandra's Real Estate Market

Local brokers say the transaction is notable for its location on Carter Road, one of Bandra's prominent residential stretches.

The neighbourhood mixes luxury apartment developments, older residential buildings, and premium redevelopment projects.

Its sea-facing promenade, social infrastructure, and connectivity have helped sustain demand for high-end homes.

In Pali Hill, Bandra West, some apartments have fetched over Rs 1.40 lakh per sq ft, according to local brokers.

Bandra is also home to the Bandra Kurla Complex, the country's costliest commercial district, where several top domestic and international companies are based.

Also Read: Godrej, MICL Revive Zaoba Wadi with 325m Luxury Tower

Bandra's Celebrity Connection

Bandra is home to several sea-facing and sea-view luxury apartments. It is also synonymous with Bollywood, as many actors have bought property there.

Salman Khan, Shahrukh Khan, Aamir Khan, Ranbir Kapoor, Alia Bhatt, Deepika Padukone, Tripti Dimri, and Sanjay Dutt are among those who own property or reside in Bandra. Bollywood legends Dilip Kumar and Rishi Kapoor also lived in the area.

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