Introduction:
Bollywood actress and BJP MP Kangana Ranaut has once again made headlines, this time for the sale of Kangana Ranaut Pali Hill House in Mumbai’s Bandra area. The property, sold for ₹32 crore, represents a notable return on her original investment of ₹20 crore in 2017. Known for her strong presence in both the entertainment and political arenas, Kangana’s real estate portfolio continues to grow alongside her high-profile projects. The sale, which was registered on September 5, 2024, adds another chapter to her real estate investments, occurring amid the ongoing controversy surrounding her upcoming film, Emergency.
Kangana Ranaut Property Details:
| Key Property Details | Information |
|---|---|
| Location | Pali Hill, Bandra, Mumbai |
| Sale Price | ₹32 crore |
| Original Purchase Price | ₹20 crore (September 2017) |
| Built-up Area | 3,075 sq ft |
| Parking Space | 565 sq ft |
| Stamp Duty Paid | ₹1.92 crore |
| Registration Fee | ₹30,000 |
| Buyer | Shweta Bathija, Partner at Kamalini Holdings, Coimbatore |
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Kangana Ranaut Real Estate Portfolio
Kangana Ranaut’s real estate assets have been a topic of interest due to her significant investments in Mumbai. During her candidacy as BJP’s Lok Sabha nominee from Mandi, Himachal Pradesh, she disclosed total assets worth over ₹91 crore, including ₹28.7 crore in movable assets and ₹62.9 crore in immovable properties. Her extensive portfolio reflects her interest in both high-end residential properties and commercial real estate.
Pali Hill: A Prime Location for Celebrities:
Pali Hill is renowned for being home to several Bollywood icons and high-net-worth individuals. Luxury housing in this posh area commands premium prices, often exceeding ₹1 lakh per sq ft. Besides Kangana Ranaut, the neighborhood has been associated with legendary figures such as Sunil and Nargis Dutt, Rishi Kapoor, Neetu Singh, Gulzar, and Aamir Khan.
The allure of Pali Hill continues to attract wealthy buyers, making it one of the most desirable and expensive areas in Mumbai for residential real estate.
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The 2020 BMC Demolition Controversy:
Kangana’s Pali Hill bungalow became embroiled in controversy when the Brihanmumbai Municipal Corporation (BMC) demolished portions of the property in 2020, citing unauthorized construction. The demolition took place amid a political and public spat between Kangana and the state government, garnering national attention.
Kangana had stated in an interview in 2023 that although she was initially entitled to compensation for the damages caused, she decided not to pursue the case, explaining that it would involve taxpayer money, which she did not want to take. The incident further solidified her standing as an outspoken figure in both the political and entertainment worlds.
Kangana Ranaut’s New Real Estate Ventures:
Despite the sale of Kangana Ranaut Pali Hill House, Kangana Ranaut’s investment in real estate continues. She recently made headlines for purchasing a commercial office space in Mumbai’s bustling Andheri area. The office, located on the 19th floor of Arch One, spans 407 sq ft and was bought for ₹1.56 crore at a rate of ₹38,391 per sq ft on carpet area.
This recent acquisition indicates her ongoing strategy of diversifying her real estate investments, particularly in Mumbai’s lucrative commercial property market.
Kangana Ranaut and the ‘Emergency’ Controversy
Kangana’s real estate transactions coincide with the growing controversy around her upcoming biographical political drama Emergency, based on the 1975 Indian Emergency. The film has faced objections from Sikh organizations, delaying its clearance by the Central Board of Film Certification (CBFC).
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The Madhya Pradesh High Court has directed the CBFC to address the grievances of these organizations before clearing the film for release. Kangana’s appeal to the Bombay High Court was not granted, with the court deferring to the Madhya Pradesh High Court’s ruling.
As both her professional projects and real estate dealings continue to make headlines, Kangana Ranaut remains a significant figure in both Bollywood and the political sphere, attracting media attention at every turn.
Source: Images used in this content were sourced from
Conclusion:
Kangana Ranaut’s sale of her Pali Hill bungalow not only highlights her strategic investments in Mumbai’s lucrative real estate market but also underscores her growing influence across various sectors. From navigating public controversies, such as the BMC demolition of her property, to diversifying her portfolio with commercial properties, Kangana continues to be a prominent figure in both Bollywood and politics. With her latest real estate dealings and ongoing cinematic projects, Kangana’s future remains as intriguing as her past.
Frequently Asked Questions:
Kangana sold her Pali Hill bungalow on September 5, 2024.
The bungalow was sold for ₹32 crore.
The buyer is Shweta Bathija, a partner at Kamalini Holdings from Coimbatore.
Kangana purchased the bungalow in 2017 for ₹20 crore.
Kangana recently purchased office space in Andheri, Mumbai, for ₹1.56 crore.
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