Madhuri Dixit Nene, along with her husband Dr. Shriram Nene, has sold their residential apartment in Mumbai’s upscale Juhu locality for ₹3.9 crore, marking a notable transaction in the city’s premium housing market. The deal was registered on December 15, 2025, according to property registration documents accessed by CRE Matrix.
This Juhu flat sold for ₹3.9 crore, adds to the growing list of high-value celebrity home sales in Mumbai. It highlights the growing demand for luxury housing in the city’s western suburbs.
Key Highlights of the Property Transaction
- Sale value: ₹3.9 crore
- Location: Juhu, Mumbai
- Buyers/Sellers: Madhuri Dixit Nene & Dr. Shriram Madhav Nene
- Year of purchase: 2012
- Appreciation: Nearly 2x over 13 years
The transaction also included a security deposit of ₹19.5 lakh. The buyer, Mrs Darshana Ghatlia, availed a 1% stamp duty concession under the Maharashtra government’s women homebuyer benefit scheme, as reflected in the registered documents.
Details of Madhuri Dixit’s Juhu Apartment
The apartment involved in the Madhuri Dixit property sale is located at Flat No. 41, fourth floor, Iris Park, within Deep Varsha Co-operative Housing Society on Military Road, Juhu (400049). The home has a carpet area of 780.13 sq ft, placing it firmly within the mid-to-premium segment of Mumbai luxury apartment sales.
Luxury Residential Property in a Prime Mumbai Locality
Juhu remains one of Mumbai’s most exclusive residential neighbourhoods, characterised by low inventory turnover, established housing societies, and strong end-user demand. These factors continue to support elevated Juhu residential property prices, particularly for well-located apartments.
How Juhu Real Estate Prices Have Grown Over the Years
Juhu has recorded steady long-term price growth, supported by strong end-user demand, coastal proximity, and restricted supply. The near doubling in value of this apartment since its 2012 purchase highlights the locality’s ability to deliver consistent residential capital appreciation over extended holding periods.
Residential Capital Appreciation Trends in Juhu
Madhuri Dixit and her husband originally purchased the apartment in June 2012 for ₹1.96 crore. The current transaction reflects a near 100% capital appreciation, reinforcing Juhu’s reputation as a resilient residential micro-market. Consistent demand, proximity to the coastline, and limited redevelopment opportunities have enabled Juhu residential property prices to outperform many other suburban locations. The Juhu flat sold for ₹3.9 crore, is a clear example of the locality’s long-term price stability.
Celebrity Residential Property Deals in Mumbai
Recent celebrity real estate activity in India continues to feature prominent residential sales, particularly in well-established urban neighbourhoods. Notable examples include Preity Zinta’s sale of her luxury apartment in Bandra for ₹14.08 crore and comedian Bharti Singh’s sale of her apartment in Goregaon West, Mumbai, for ₹3.75 crore.
Why Bollywood Celebrities Prefer Juhu for Home Investments
Juhu has historically been a preferred address for Bollywood stars, producers, and senior industry professionals. Easy access to studios, the airport, and high-end social infrastructure makes it a natural choice for Bollywood celebrity real estate investments.
High-profile transactions such as Madhuri Dixit and her husband’s real estate deal further strengthen Juhu’s image as a celebrity-centric housing market. Homes with celebrity ownership histories often command added buyer interest and premium valuations.
What This Sale Indicates for Mumbai Homebuyers
Prime residential micro-markets continue to reward long-term ownership with steady capital appreciation, particularly in well-established neighbourhoods. Premium coastal locations such as Juhu remain highly attractive to affluent end-users, while areas favoured by celebrity homeowners have consistently demonstrated resilience, supported by limited supply and sustained demand.
Overall, the Madhuri Dixit Juhu flat transaction highlights the enduring strength of Mumbai luxury apartment sales, particularly in established coastal neighbourhoods where supply constraints and lifestyle appeal continue to drive long-term value.
