Bollywood actor Salman Khan has sold an apartment in Mumbai for Rs 5.35 crore, according to property registration documents reviewed by Square Yards. The apartment is located in Shiv Asthan Heights in one of Mumbai’s most prime residential areas, Bandra West. Salman also resides in the same area in the building called Galaxy Apartments.
As per the report, the transaction includes a stamp duty payment of Rs 32.01 lakh and registration charges of Rs 30,000. The apartment, which has a built-up area of over 1,318 sq ft, also comes with three parking spaces. According to Storyboard18, in 2023, Salman Khan had rented out the same apartment on a 36-month lease. The rent began at Rs 1.5 lakh per month in the first year. As per the contract, it increased to Rs 1.57 lakh in the second year and Rs 1.65 lakh in the third. In total Salman earned Rs 56.64 lakh in three years from this deal.
Salman is the owner of multiple luxurious properties in Mumbai. According to Propstack, in 2024, the Dabangg actor leased out a commercial space in Santacruz to Landcraft Retail Pvt Ltd. The property spans a built-up area of 23,042 sq ft, and the actor earns a whopping Rs 90 lakh in monthly rent from the deal. As per reports, it was one of the biggest rental transactions in Mumbai’s commercial property market. By renting out this property, Salman earns an annual rent of approximately Rs 12 crore. The deal also included a hefty security deposit of Rs 5.4 crore.
Salman lives with his family in Galaxy Apartments in Mumbai’s Bandra. Last year, two men opened fire outside his residence. Eight months after the shooting, the actor got parts of his house renovated to enhance security. He also got bullet-proof glass installed on the balcony from where he greets fans on occasions like his birthday and Eid.
