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Filmmaker Vidhu Vinod Chopra has purchased a premium apartment in Mumbai's prestigious Pali Hill locality for ₹7.75 crore, according to property registration documents accessed through CRE Matrix. The apartment was acquired from Rakeysh Omprakash Mehra Pictures Private Limited, the production company of filmmaker Rakeysh Omprakash Mehra. The transaction adds another high-profile deal to Mumbai's celebrity real estate market, where premium properties in Bandra West continue to attract film personalities and high-net-worth buyers.
The apartment is located in Bahar Apartment on Pali Mala Road in Pali Hill, one of Mumbai's most sought-after residential neighbourhoods. Property registration records show that the flat has a carpet area of 698 sq ft and was officially registered on June 30, 2026. The transaction attracted a stamp duty payment of ₹46.50 lakh, while the registration fee amounted to ₹30,000.
Property Purchased from Rakeysh Omprakash Mehra's Firm
The seller of the apartment is Rakeysh Omprakash Mehra Pictures Private Limited, represented by Bharathi Mehra. Property records indicate that the production company had originally acquired the apartment in 2007 for approximately ₹1.20 crore. The latest transaction at ₹7.75 crore highlights the substantial appreciation in property values witnessed over nearly two decades in Pali Hill, one of Mumbai's most exclusive residential markets.
Based on the transaction value and carpet area, the acquisition works out to an approximate rate of ₹1.11 lakh per sq ft, reflecting the premium pricing commanded by luxury residential properties in Bandra West. Limited housing inventory, celebrity ownership and proximity to commercial districts continue to support strong capital values in the locality.
Pali Hill Remains a Preferred Celebrity Address
Pali Hill has long been regarded as one of Mumbai's most prestigious residential enclaves. The neighbourhood is known for its tree-lined streets, low-density development, privacy and convenient access to commercial hubs such as Bandra-Kurla Complex, Lower Parel and South Mumbai. These factors have consistently attracted leading personalities from the entertainment industry, business community and professional sectors.
Neighbouring areas including Bandstand and Carter Road also continue to record strong demand for luxury homes. The locality is home to several well-known Bollywood personalities, reinforcing its status as one of India's most desirable residential destinations. Limited redevelopment opportunities and high demand have contributed to sustained appreciation in property values across the micro-market.
Also Read: Akshay Kumar Sells Mulund Apartments for ₹12.38 Crore
Luxury Housing Market Continues to Grow
Mumbai's premium residential market has witnessed a series of high-value transactions involving celebrities, entrepreneurs and senior corporate executives over the past year. Industry experts attribute the momentum to sustained demand for quality housing in established neighbourhoods, improving buyer confidence and the limited availability of premium residential inventory in prime locations. Celebrity purchases often reinforce the investment appeal of these neighbourhoods while drawing attention to the luxury housing segment.
- Buyer: Vidhu Vinod Chopra
- Seller: Rakeysh Omprakash Mehra Pictures Private Limited
- Location: Bahar Apartment, Pali Mala Road, Pali Hill, Bandra (West)
- Transaction value: ₹7.75 crore
- Carpet area: 698 sq ft
- Registration date: June 30, 2026
- Stamp duty paid: ₹46.50 lakh
Another Landmark Deal in Mumbai's Luxury Market
The acquisition reflects the continued strength of Mumbai's luxury residential market, particularly in established neighbourhoods such as Pali Hill where supply remains limited and demand from affluent buyers continues to be robust. The transaction also illustrates the long-term appreciation potential of prime residential assets, with the property's value increasing significantly since its previous purchase in 2007. As premium housing demand remains resilient, Pali Hill is expected to retain its position among Mumbai's most coveted residential addresses.
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