Karisma Kapoor's Bandra West's 675 sq ft flat sold for Rs 7 cr

News | Monday | 15th January, 2018

Summary:

She transferred her rights on the flat to Silver Birch Real Estate Private Limited, a Bandra East-based firm, at Rs 1.03 lakh/sq ft. Read more details.

Kapoor’s grand lifestyle in Bollywood is not hidden from anyone. From their favourite cuisine to lavish parties, every single detail of the family becomes a hot topic of tinsel town.

This time Karishma Kapoor’s Bandra West house’s selling price at an auction is grabbing lot of attention.

Well, a 675 sq ft flat in Bandra has been sold for a whopping Rs 7 crore, i.e. 3.7 times more than the market value of Rs 1.89 crore.

Wow! That’s huge

The apartment is located on the ground floor of Park Avenue building, at the junction of 16 and 29 road, Bandra west. As per the registration document, the ready reckoner rate (market rate) for the flat comes to around Rs 1.89 crore.

She transferred her rights on the flat to Silver Birch Real Estate Private Limited, a Bandra East-based firm, at Rs 1.03 lakh/sq ft.

She is not the only celeb who has been paid higher than the reckoner rate, in December, former Congress MP Priya Dutt sold her apartment in Bandra's Imperial Heights for Rs 93,000/sq ft at a double rate.

 She sold her 1,675 sq ft carpet area flat for Rs 15.60 crore. This is way above the market rate, 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.