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Salim Merchant Buys Prime Mumbai Commercial Space
27 Oct
Summary
- Salim Merchant co-purchased a Rs 12.85 crore commercial property.
- The property is located on Mumbai's busy Linking Road in Santacruz.
- The deal closed recently, with registration on October 7, 2026.
Singer Salim Merchant recently co-purchased a significant commercial property in Mumbai's Santacruz (West) for Rs 12.85 crore. The transaction, registered on October 7, 2026, involved a 1,285 sq ft space across the ground and first floors of the DLH Mangal Murti building.
This prime location is situated near the bustling Linking Road, a renowned shopping destination known for its high street retail appeal. The deal saw Salim Merchant hold a 50% stake, with the remaining 50% divided among four other buyers. The Rs 12.85 crore price reflects an approximate Rs 1 lakh per sq ft rate for the carpet area.
This investment follows a trend of Bollywood personalities investing in Mumbai's commercial real estate, seeking rental yields. Other notable deals include Sonu Nigam's recent purchase of commercial units in Andheri West for Rs 17 crore, registered on August 6, 2026.
