Kailash Kher has sold a 2,619 sq ft office unit in Bandra Kurla Complex (BKC), Mumbai, for ₹10.75 crore. According to property registration documents accessed by CRE Matrix, Lakewater Retail Private Limited purchased the office in a transaction registered on September 9, 2026.
What are the key details of Kailash Kher’s BKC transaction?
Kailash Kher sold the office to Lakewater Retail Private Limited for ₹10.75 crore. The transaction was registered on September 9, 2026.
The 2,619 sq ft office is located on the 7th floor of Trade Centre, Building No. 18, in BKC, Bandra East. The transaction also includes one car parking space.
The buyer paid ₹64.5 lakh in stamp duty, equivalent to 6% of the transaction value, according to the registration documents.
How much did Kailash Kher pay for the office?
Kher had purchased the office for ₹10.5 crore in November 2025. He has now sold it for ₹10.75 crore, marking a ₹25 lakh difference between the purchase and sale values.
On the transaction value alone, the property recorded an increase of approximately 2.4% in less than a year. However, this does not account for stamp duty, registration charges, taxes, brokerage, and other associated costs. The actual return would therefore be lower after factoring in these expenses.
What does the deal indicate about BKC’s commercial property market?
The transaction provides an asset-level view of commercial property pricing in BKC, one of Mumbai’s prominent business districts.
The office changed hands within a year of its previous purchase, indicating a relatively short holding period. While the increase in transaction value was modest, such registered deals provide useful data points for tracking commercial property prices across individual buildings and locations within BKC.
Recent Commercial Property Transactions
Celebrity-led commercial property transactions provide another lens into activity across Mumbai’s key business districts. Recent deals have included office purchases and sales across locations such as BKC and Andheri West.
In a recent transaction, Bollywood singer Sonu Nigam purchased a 258.33 sq ft office space in Andheri West for ₹1 crore. In another deal, Madhuri Dixit sold a commercial office in Andheri West for ₹4.85 crore, recording a significant return on an investment made 18 years earlier.
