Former cricketer Zaheer Khan buys property in Mumbai for Rs 11.5 crore

Mumbai | Monday | 18th January, 2021

Summary:

Former India speedster Zaheer Khan and his wife Sagarika have bought a 4,000 sq ft property in Mumbai for Rs 11.5 crore.

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Former India speedster Zaheer Khan and his wife Sagarika have bought a 4,000 sq ft property in Mumbai for Rs 11.5 crore.

The cricketer has joined the list of celebrities and industrialists who are making the most of the stamp duty cut in India’s financial capital.

The former sportsperson paid a stamp duty of Rs 37.4 lakh for the 3957  sq ft (carpet area) property located on Senapati Bapat Marg, Parel, according to the documents accessed by Zapkey.com.

As per the documents, the duplex is located on the 40th and 41st floor of the said project.

The property was registered on December 14, 2020.

Property consultants say that the average price in the Indiabulls Sky Project is between Rs 25,000 to Rs 28,000 per sq ft.

Presently, the average asking price for an apartment at Indiabulls Sky Project is anywhere between Rs 25,000 to Rs 28,000 per sq.

ft.

on built-up while in pre-COVID times (over a year ago) the average asking price was approximately Rs 32,000 to Rs 35,000 per sq.

ft, said Prashant Thakur, director, and head - Research,  ANAROCK Property Consultants.

Khan hails from a small town Shrirampur and gave up a career in engineering to pursue bowling.

He was part of the Indian national team from 2000 till 2014.