Kajol Buys Commercial Property for Nearly Rs.30 Crores in Mumbai, check area

Bollywood actress Kajol has made headlines with her latest investment—a commercial property in Mumbai worth nearly Rs. 30 crores. The purchase is part of a growing trend where celebrities are venturing into real estate, securing assets with high rental yields and long-term appreciation.

Her latest acquisition, located in Goregaon West, is a prime retail space spanning 4,365 square feet in Bharat Arize on Linking Road, Bangur Nagar. This strategic investment strengthens Kajol’s real estate portfolio and reflects the increasing appeal of commercial properties among high-net-worth individuals.

Kajol Buys Commercial Property for Nearly Rs.30 Crores in Mumbai

Kajol’s Rs. 30 crore investment in Mumbai’s Goregaon West underscores the growing popularity of commercial real estate among high-net-worth individuals. With high rental yields, capital appreciation, and stable leasing options, commercial properties offer lucrative investment opportunities.

For investors looking to diversify their portfolio, Mumbai’s commercial real estate market presents a promising future. By following the right investment strategies, even first-time investors can benefit from this booming sector.

Why Commercial Property? The Growing Trend Among Celebrities

In recent years, commercial real estate has become an attractive investment option for celebrities, business tycoons, and investors looking for high returns and stable rental income. Unlike residential properties, commercial spaces offer long-term lease agreements, ensuring a steady cash flow.

Kajol’s investment follows this trend, joining the likes of actors and sports personalities who have diversified their wealth through real estate.

Advantages of Investing in Commercial Real Estate

1. High Rental Yields: Commercial properties offer 6-10% annual rental returns, compared to 2-4% in residential properties.
2. Capital Appreciation: Areas like Goregaon West are experiencing rapid infrastructure development, leading to significant property value appreciation.
3. Stable Tenants: Businesses and retail brands usually sign long-term leases (5-10 years), ensuring a steady rental income.
4. Diversification: Investing in retail spaces, office buildings, and warehouses reduces reliance on market fluctuations.

Kajol’s Real Estate Portfolio: A Smart Investment Strategy

Kajol and her husband Ajay Devgn have been active in the real estate market. In 2023, Kajol acquired an office space in Andheri West for ₹7.64 crore, and in 2024, Ajay Devgn leased an office in the same area for ₹9 lakh per month.

This consistent investment pattern suggests a well-planned strategy focused on acquiring high-value assets in Mumbai’s commercial hubs.

Other Bollywood Celebrities Investing in Real Estate

Several Bollywood actors and celebrities have made significant real estate investments:

• Amitabh Bachchan: Purchased multiple properties in Juhu and Mumbai.
• Shah Rukh Khan: Owns real estate globally, including Mannat in Mumbai.
• Salman Khan: Invests in residential and commercial properties in Bandra.
• Alia Bhatt: Bought multiple apartments and commercial spaces for investment.

This trend highlights how celebrities prefer tangible assets over volatile investments like stocks.

Why Goregaon West? A Prime Location for Investment

Goregaon West is emerging as one of Mumbai’s fastest-growing business districts. Here’s why it’s an ideal location:

• Strategic Connectivity: Well-connected to Western Express Highway, SV Road, and the upcoming Metro Line 2A.
• Corporate & Retail Hub: Home to IT firms, production houses, and shopping centers.
• Growing Demand: Increasing demand for office spaces and retail stores due to population growth and urbanization.
• Infrastructure Boost: New flyovers, metro stations, and commercial complexes are enhancing the area’s appeal.
• Upcoming Developments: The government’s Mumbai Development Plan 2034 aims to transform Goregaon into a major business hub.

How to Invest in Commercial Real Estate? A Step-by-Step Guide

If you’re considering investing in commercial properties, follow these steps:

1. Identify the Right Location

• Choose areas with high footfall, corporate presence, and strong connectivity.
• Research upcoming infrastructure projects that can boost property value.

2. Set a Budget and Financing Plan

• Assess your financial capacity and explore funding options like bank loans or lease rental discounts (LRDs).
• Consider hidden costs like maintenance, registration, and stamp duty.

3. Research the Property

• Verify ownership documents, approvals, and clearances.
• Evaluate the property’s condition, age, and rental potential.

4. Understand Rental Agreements & Returns

• Look for long-term leases (5-10 years) with reputed tenants.
• Check for escalation clauses in rent agreements (typically 5-10% per year).

5. Seek Professional Help

• Consult real estate advisors, legal experts, and financial consultants for risk assessment.
• Hire property managers for smooth operations.

Frequently Asked Questions (FAQs)

1. Why are Bollywood celebrities investing in commercial real estate?

Bollywood celebrities invest in commercial real estate for high rental yields, long-term appreciation, and portfolio diversification.

2. What is the average rental yield in Mumbai’s commercial properties?

Rental yields in prime locations like Goregaon, Andheri, and BKC range between 6-10% annually.

3. Is commercial property a better investment than residential property?

Yes, commercial properties offer higher rental income, stable tenants, and better capital appreciation compared to residential properties.

4. What factors should I consider before buying a commercial property?

Consider location, rental potential, lease terms, infrastructure growth, and legal approvals before investing.

5. How can I finance a commercial property purchase?

You can finance it through bank loans, lease rental discounts (LRDs), investor funding, or self-financing.