Actress Kajol has expanded her real estate portfolio with the acquisition of a premium commercial property in Mumbai’s bustling Goregaon West. The Trial star reportedly purchased retail space worth Rs 28.78 crore in Mumbai’s suburbs, according to documents accessed by Indextap, a data-driven real estate platform.
Details of the Purchase
Property documents reveal that Kajol Vishal Devgan finalized the transaction on March 6, 2025. She acquired Shop No. 2, Ground Floor, Bharat Arize, Linking Road, Bangur Nagar, Goregaon West, Mumbai. The deal was executed with Bharat Realty Ventures Pvt Ltd, securing a spacious commercial area of 4,365 square feet (RERA Carpet Area). The property, valued at Rs 28.78 crore, also entailed a stamp duty payment of Rs 1.72 crore.
Strategic Location and Features
Situated in one of Mumbai’s busiest business districts, this commercial space offers significant strategic value. Along with ample floor space, the property includes five designated car parking spaces, making it an attractive investment for both commercial and personal use. The price per square foot stands at Rs 65,940, reflecting the premium nature and high demand of the location.
Kajol’s Previous Real Estate Investments
Kajol has been active in Mumbai’s real estate market. In July 2023, she purchased office space worth Rs 7.64 crore in Oshiwara, along Veera Desai Road in Andheri West, as per documents obtained by Propstack. The property, covering 194.67 square meters, was acquired from realty developer Veer Savarkar Projects, with a stamp duty payment of Rs 45.84 lakh for the registration of the deal on July 28, 2023.
Andheri West has been a preferred location for Bollywood stars and filmmakers, hosting several production houses and studios.
Ajay Devgn’s Office Lease in Andheri West
Kajol’s husband, Ajay Devgn, also made a notable real estate move in May 2024 by leasing an office space in Andheri West for a monthly rent of Rs 9 lakh for five years. Documents accessed by Propstack reveal that the property is registered in the name of Vishal Virendra Devgan (Ajay Devgn’s real name) and was leased to MMM Media Works LLP, a Hyderabad-based firm. The office is situated in Lotus Signature, Veera Desai Road Extension, Andheri West, Mumbai.
Kajol’s recent acquisition in Goregaon West further solidifies her presence in Mumbai’s premium real estate market, emphasizing the increasing investments by Bollywood celebrities in commercial properties.
