Kailash Kher makes ₹25L profit on Mumbai BKC office sale
What's the story
Renowned singer Kailash Kher has sold his office space in Mumbai's Bandra Kurla Complex (BKC) for ₹10.75 crore. The 2,619-square-foot commercial property was located on the seventh floor of Trade Centre, opposite the MTNL Building. Kher had bought this office unit for ₹10.5 crore last November and registered the sale on September 9, 2026, as per property registration details accessed by CRE Matrix.
Transaction details
Property sold to Lakewater Retail Private Limited
The commercial property was sold to Lakewater Retail Private Limited, with the transaction also including one car parking space.
The stamp duty paid on this transaction was ₹64.5 lakh.
The price appreciation from Kher's purchase to the sale of the property is around 2.4% over the purchase price, not accounting for transaction-related expenses, stamp duty, registration charges, taxes, and other costs.
Location advantage
About BKC and its significance
The office space sold by Kher is located in BKC, one of Mumbai's most prominent commercial districts.
This area is a hub for corporate offices and financial institutions, and has attracted several large companies over the years.
The location's connectivity and proximity to corporate occupiers make it an attractive investment option for investors and businesses alike.
Celebrity investments
R Madhavan bought property in BKC in 2024
BKC has seen several Bollywood stars investing in real estate. In 2024, actor and director R Madhavan bought a residential property in Mumbai's BKC for ₹17.5 crore.
The property, ready to move into, is spread over 389 square meters (4,182 square feet) and comes with two parking spaces.