Salim Merchant property purchase brings together five buyers in a commercial real estate transaction in Mumbai. The deal covers premises in Santacruz West, with a total carpet area of 1,285 sq ft. According to property registration documents accessed by CRE Matrix, the transaction was registered on October 7, 2026, for ₹12.85 crore.
The premises occupy two floors of DLH Mangal Murti, near the junction of Linking Road and Talmaki Road. The agreement also includes one car parking space. The buyers paid ₹77.10 lakh in stamp duty as part of the transaction.
How Was the ₹12.85 Crore Property Deal Structured?
The transaction involves five buyers with different ownership shares in the property. Salim Merchant holds a 50% ownership share, while the remaining 50% is divided equally among four other buyers. Each of these buyers holds a 12.5% stake in the property.
The transaction highlights shared ownership, with five buyers holding different stakes in the same property. Salim Merchant owns 50% of the property, while four other buyers each hold a 12.5% share. This arrangement divides ownership among all five buyers instead of placing the entire property under one buyer. However, the available registration details do not clarify whether the buyers plan to use the premises for their own business activities or lease them to another business.
What Does the Two-Floor Property Layout Include?
The commercial premises extend across the ground and first floors of DLH Mangal Murti. The ground floor measures 575 sq ft of carpet area, while the first floor covers 710 sq ft. Together, these spaces account for the property’s total carpet area of 1,285 sq ft.
The agreement also records one car parking space. Having premises across two levels is an important part of understanding the property’s configuration. However, the transaction details do not specify the intended use of either floor or the internal layout of the premises.
How Does the Purchase Price Compare With the Property’s Area?
The reported purchase price of ₹12.85 crore translates to approximately ₹1 lakh per sq ft of carpet area. This calculation divides the transaction value by the combined carpet area of 1,285 sq ft. It provides a useful reference point for understanding the financial scale of the deal.
However, this figure does not independently establish the property’s market value. Commercial property prices in Mumbai can vary based on floor level, frontage, building specifications and permitted use. Buyers comparing commercial property investment opportunities should assess similar registered deals before drawing conclusions about pricing.
What Makes This Santacruz West Transaction Noteworthy?
The transaction combines a substantial purchase value with shared ownership and premises spread across two floors. Its location near Linking Road and Talmaki Road also places the property within an established commercial stretch of Santacruz West. These details help explain the structure of the deal without assuming how the buyers will use the premises.
For those tracking the Mumbai real estate market, the transaction provides a specific example of commercial property activity in the western suburbs. The recorded price, floor-wise area and ownership shares offer clear points for comparison with other deals. However, one transaction alone cannot establish a wider market trend or confirm future rental returns.
