Bollywood actor Ishaan Khatter has recently made a significant real-estate investment of Rs 29.37 crore, according to property documents accessed by CRE Matrix. He acquired a luxury apartment in one of Mumbai’s most prestigious neighbourhoods, Pali Hill in Bandra.
The high-value transaction reflects the actor’s growing footprint beyond the film industry. Pali Hillis is popular among celebrities and high-net-worth individuals seeking premium homes in prime city locations.
Key Highlights of Property Translation
The apartment has a carpet area of approximately 2,989 sq ft and was acquired for a transaction value of ₹29.37 crore. The stamp duty and registration charges amount to ₹1.76 crore. The property includes four dedicated car parking spaces and was officially registered in February 2026. Based on the transaction value, the apartment is priced at approximately ₹98,200 per sq ft, reflecting prevailing premium rates in the Pali Hill micro-market.
Pali Hill: One of Mumbai’s Most Valuable Residential Micro-Markets
Pali Hill remains one of Mumbai’s most preferred residential areas. The locality has a limited supply of premium low-density developments. It continues to attract celebrities and high-net-worth buyers. Property values here rank among the highest in the city. Its location in Bandra supports strong long-term demand. Pali Hill has built a reputation as a stable and prestigious luxury neighbourhood. Buyer interest in the area has remained consistent across market cycles.
Celebrity Home Purchases and Market Sentiment
Celebrity home purchases often act as strong sentiment indicators for the luxury residential market. Ishaan Khatter’s investment adds to the long list of Bollywood personalities who have chosen Pali Hill as their residential base, reinforcing its appeal as a preferred end-user market rather than a speculative investment destination.
Why Prime Luxury Homes Hold Value
Luxury homes in prime locations like Pali Hill are often bought for long-term use rather than quick returns. Limited supply and strong demand help these properties hold value over time, making them a preferred choice for celebrities and high-net-worth buyers.
Implications for Mumbai’s Luxury Housing Market
Demand for luxury homes in Mumbai remains strong, especially in established areas like Pali Hill. Buyers continue to prefer well-located properties with limited supply, as these homes offer stability, prestige, and long-term value even during changing market conditions.
