Shakti Kapoor sells Juhu apartment for ₹6.11cr
What's the story
Bollywood actor Shakti Kapoor has sold his apartment in the upscale Silver Beach Heaven Co-operative Society, Juhu, for ₹6.11 crore. The deal was registered in December 2024 and included a built-up area of about 881 sq. ft., property registration documents from the Inspector General of Registration (IGR) accessed by Square Yards revealed. The sale highlights Juhu's continued allure as a premium residential market among celebrities.
Transaction details
Kapoor's apartment sale incurred additional charges
Apart from the sale price, Kapoor's apartment sale also attracted a stamp duty of ₹36.66 lakh and registration charges of ₹30,000. The property is located on Juhu Tara Road, making it a part of a highly coveted residential enclave preferred by Bollywood celebrities.
Property background
Kapoor family's history with the Juhu apartment
The apartment has a unique history. According to Square Feat India, in 2019, Kapoor's daughter-actor Shraddha Kapoor gifted her 50% share in the property to her father in a heartfelt gesture. The other 50% was co-owned by Shraddha and her mother, Shivangi Kapoor, and Shivangi later sold her share to Shakti for ₹1.3 crore. These transactions attracted additional stamp duties of ₹5.14 lakh and ₹7.8 lakh, respectively.
Property lease
Kapoor leased out apartment before sale
After buying the property from his daughter and wife, Kapoor rented it out. The move added another chapter to its illustrious history. Famous for his iconic roles in films such as Raja Babu, Andaz Apna Apna, and ChaalBaaz, Kapoor's long-standing career in Hindi cinema proves his star power on and off the screen. The recent sale of this apartment further demonstrates how personal family gestures and celebrity connections can greatly affect property ownership trends in Mumbai's cut-throat market.