Bollywood star Karisma Kapoor’s flat which is located in Bandhra has been sold at a humungous sum of 7 crores which is estimated to be 7 times greater than the current market value of 1.89 crores. Thus the flat has entered the record book of celebrity flats in the city that has been sold for eye-catching exorbitant rates.
The actress, who hails from the renowned Bollywood family, transferred her privileges on the flat to Silver Birch Real Estate Private Limited. The apartment is located on the bottom floor. The flat had been used by Karishma as her office.
The deal was finalized in December and was being redeveloped.The buyer had paid a stamp duty for 35 lakhs as stamp duty.
Prakash Rohira of Karma Realtor said, “Such high rate for an old building is unheard of. But it is a one-off deal and doesn’t represent the market sentiments. Whenever a star is involved, the deal does attract a premium.”
In December former Congress MP Priya Dutt sold her apartment in Bandra’s Imperial Heights for Rs 93,000 per square feet. She had remunerated roughly twice the prepared reckoner speed for the flat that was bought by another Bandra resident. She had sold her flat for 15.6 crores. This was way above the normal market rate market, and the ready reckoner rate which stands at Rs 8.21 crore. The stamp duty paid for the registration of the flat itself came around Rs 78 lakh.
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