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Earlier this week, the parents of actor Kartik Aaryan purchased an office unit in Vile Parle, Mumbai for INR 10.83 crore, strengthening the family's presence in the city's commercial property market. The 1,228 sq ft RERA-certified office, located on the first floor of Notan House in the JVPD area, includes two car-parking slots. The transaction, registered in the past week, involved a stamp-duty payment of more than INR 65 lakh and a registration fee of INR 30,000. This deal follows their earlier investment in an Andheri West office unit, reflecting a sustained interest in premium commercial real estate.
Kartik Aaryan's parents, Mala Tiwari and Manish Tiwari, recently completed the purchase of an office unit in Mumbai's Vile Parle. The commercial space, situated on the first floor of the Notan House development in the JVPD area, was transacted for INR 10.83 crore and formally registered in the past week. Advertisement
The office spans 1,228 sq ft of RERA-certified carpet area and comes with two designated car-parking slots. The buyers paid more than INR 65 lakh as stamp duty along with a registration charge of INR 30,000. The property was sold by Notan House Pvt Ltd, with the building developed by Notandas Realty. The parties involved did not issue any statements regarding the deal, in line with their usual practice of maintaining discretion around property transactions.
This acquisition adds to the family's catalogue of commercial investments. Earlier this year, they had purchased an office unit in Andheri West for INR 13 crore, measuring about 1,905 sq ft and accompanied by three parking spaces. Their continued interest in Mumbai's office micro-markets suggests a strategy centred on long-term asset creation across premium business districts.
The Vile Parle-JVPD zone has remained a preferred choice among investors due to its proximity to major commercial hubs, educational institutions, and the airport, making it a high-demand area for corporate offices. The addition of this property indicates the family's preference for strategically positioned assets that offer strong rental prospects and capital appreciation potential.
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