Bollywood Filmmaker Subhash Ghai Sells Two Apartments in Mumbai, for a total of Rs. 11.61 Crore: Square Yards

Renowned Bollywood filmmaker Subhash Ghai has recently sold two residential apartments located in Splender Complex Co-op Housing Society Ltd., Jogeshwari, Mumbai, for a total consideration of Rs. 11.61 crore. The properties were registered under the legal name Mukta Tele Arts Private Limited, according to property registration documents reviewed by Square Yards on the website of Inspector General of Registration (IGR) https://igrmaharashtra.gov.in. Both transactions were registered in March 2025.

Jogeshwari, located in the western suburbs of Mumbai, is a popular locality offering excellent connectivity to the city’s major commercial and entertainment hubs. It is well-connected through the Western Express Highway, Jogeshwari-Vikhroli Link Road (JVLR), and multiple railway stations. The residential project is part of the Splender Complex Co-op Housing Society Ltd, developed by Oberoi Realty.

As per the IGR property registration documents reviewed by Square Yards, Ghai has sold two apartments in recent transactions. In one transaction, Subhash Ghai sold an apartment for Rs. 5.80 crore, with a carpet area of 889 sq. ft (~82.59 sq. m) and a built-up area of 99.14 sq. m (~1,067 sq. ft). The transaction attracted a stamp duty of Rs. 34.83 lakh and a registration fee of Rs. 30,000.

In another transaction, Ghai sold another apartment within the same complex, on the same floor, for an identical price of Rs. 5.80 crore, with a matching carpet area of 889 sq. ft (~82.59 sq. m) and a built-up area of 99.14 sq. m (~1,067 sq. ft), also attracting a stamp duty of Rs. 34.83 lakh along with a registration fee of Rs. 30,000.

Subhash Ghai, known popularly as the “Showman of Bollywood,” is an iconic Indian filmmaker who has created cinematic masterpieces like “Ram Lakhan,” “Khalnayak,” “Taal,” and “Pardes.” He has won multiple prestigious awards, including the Filmfare Award for Best Director for his film “Saudagar,” and has been honoured with India’s prestigious National Film Award for his outstanding contribution to cinema. Apart from filmmaking, Ghai also runs Whistling Woods International, one of India’s premier film schools, nurturing the next generation of filmmakers.