Kajol shines in Bollywood's Realty Trend with Rs. 29 Crore Retail Purchase

According to paperwork obtained by IndexTap, Kajol Devgan paid Rs. 28.78 crore for a shop property spanning 4365 square feet in Goregaon West, close to Mumbai.

The Bollywood star purchased a ground floor store from Bharat Realty Ventures on Linking Road in Bangur Nagar, Goregaon West, Mumbai.

For the transaction that was recorded on March 6, 2025, she has paid Rs. 1.72 crore in stamp duty. The property's rate per square foot comes to Rs. 65,940. According to the paperwork, there are five parking spaces on the retail site.

Kajol paid Rs. 7.64 crore for an office building in Mumbai in 2023. According to the records, the office space, which spans 194.67 square meters of RERA carpet space, is situated in Mumbai's Signature Building, Oshiwara, along Veera Desai Road in Andheri West.

In the same year, she paid Rs. 16.50 crore to Bharat Realty Ventures for an apartment in Mumbai.

Ajay Devgn made headlines earlier this month when he rented out a 3,455-square-foot commercial office space in Mumbai for Rs. 7 lakh a month.

Ajay Devgn, a Bollywood actor, director, and producer, made headlines previously when he extended the lease for two 1,500 square foot commercial buildings in Mumbai's Andheri neighborhood for Rs. 4.16 lakh a month.

Since commercial real estate yields a larger annual rental income than residential real estate, many Bollywood celebrities choose to invest in it.

In fact, it is well known that a number of buildings in neighborhoods like Bandra, Khar, and Lokhandwala in Andheri and Worli are the preferred hunting grounds for movie stars. According to real estate specialists, they may invest in real estate for a variety of reasons, such as financial gain, rental income, end-use, or even emotional reasons, where a property may be valued solely on the basis of the actor's memories.