Bollywood superstar Salman Khan has reportedly sold a residential apartment in Mumbai’s upscale Bandra West locality for ₹5.35 crore, according to property registration details accessed by Square Yards. The flat is housed in Shiv Asthan Heights, not far from the actor’s long-time residence at Galaxy Apartments.
Salman Khan sells apartment in Bandra
The 1,318 sq ft apartment comes with three parking slots. The sale transaction, registered with stamp duty of ₹32.01 lakh and registration fees of ₹30,000, marks yet another high-value real estate move by the actor.
Before selling the apartment, Salman had leased it out in 2023 under a 36-month agreement. As per reports by Storyboard18, the rent was structured to escalate annually - starting at ₹1.5 lakh per month in the first year, increasing to ₹1.57 lakh in the second, and ₹1.65 lakh in the third. Over the three-year period, the actor earned a total of ₹56.64 lakh from the lease.
Salman leased commercial space
Known for his investments in prime properties, Salman Khan also made headlines earlier this year for leasing out a large commercial space in Mumbai’s Santacruz area. As per Propstack, the commercial property, measuring 23,042 sq ft, was leased to Landcraft Retail Pvt Ltd. The deal fetches him ₹90 lakh per month - translating to a staggering ₹12 crore in annual rent. Additionally, the agreement included a substantial security deposit of ₹5.4 crore, making it one of the biggest commercial property rentals in Mumbai in recent times.
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While his real estate portfolio continues to grow, Salman continues to live with his family at Galaxy Apartments. In 2023, the actor's residence was the target of a shooting incident. Following the scare, Salman upgraded the security at his home, including renovations and the installation of bullet-proof glass on the balcony — the very spot where he greets fans during Eid and on his birthday.