Salman Khan Sells Apartment In Bandra West For ₹5.35 Crore, What It Means For Mumbai Real Estate Prices.

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Posted by Flats for Sale, Panvel on July, 20, 2025

In a recent high-profile transaction that’s sparking interest across the Mumbai real estate landscape, Bollywood superstar Salman Khan has sold his luxurious 1,318 sq ft apartment in Shiv Asthan Heights, Bandra West, for a staggering ₹5.35 crore. This property sale, registered in July 2025, included three dedicated car parking spaces, an added bonus in a city where parking comes at a premium. The deal involved a stamp duty payment of ₹32.01 lakh and registration charges of ₹30,000, indicating the growing cost burden on buyers and sellers in Mumbai property transactions.

The sale price reflects the current pulse of Mumbai flat prices, especially in elite areas like Bandra, where property prices remain consistently high due to limited supply and premium demand. This transaction sets a new benchmark for similar-sized flats in Mumbai and provides an updated real estimate for both investors and end-users.

While this sale is in the western part of the city, its ripple effect is being felt across Navi Mumbai real estate markets, especially in emerging hubs like Panvel. Buyers comparing mumbai flat price 1 bhk and 2 bhk flat in mumbai are now more open to exploring newer areas like Panvel and Kharghar, where spacious homes, modern amenities, and lower panvel property rates offer greater value for money.

In contrast to Bandra’s pricing, areas such as Hiranandani Fortune City Panvel, Sai World City Panvel, and Godrej City in Panvel are witnessing rising inquiries for both 1 BHK flat in Panvel and 2 BHK flat in Panvel. Projects like Wadhwa Wise City Panvel and under construction projects in Panvel are attracting buyers who are keen to buy property in Navi Mumbai, especially those looking for more space, cleaner air, and upcoming infrastructure.

Panvel flats for sale are increasingly being seen as viable alternatives to expensive Bandra apartments. Whether it's a 1 BHK in Panvel near railway station or a 2 BHK apartment for sale in new Panvel property hubs, the value proposition is becoming impossible to ignore. Buyers researching Navi Mumbai flat price or exploring flat for sale in Navi Mumbai are drawn to the combination of affordability and connectivity.

This celebrity real estate move underscores a larger shift in buyer behavior. As more Mumbai property owners look to cash in on their high-value holdings, investors are turning their focus to new construction in Navi Mumbai and real estate property in fast-developing areas like Panvel and Kharghar. Property sites Mumbai-wide are now flooded with searches related to panvel new project and 1 bhk flat in Navi Mumbai as end users seek affordable luxury.

Whether you're looking to buy a flat, track apartment prices, or understand real estate for sale trends, this transaction is a reminder that the Mumbai real estate market is evolving. And as always, whether you're eyeing a property in Kharghar, a 2 BHK in Navi Mumbai, or evaluating panvel 1 bhk flat price, the right guidance can help you make a sound investment in real properties across Mumbai and Navi Mumbai.

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