Film producer Sajid Nadiadwala’s company has reportedly acquired two luxury apartments in Prabhadevi, a high-end district in South Mumbai. The total value of these properties is approximately $4.39 million. Nadiadwala Grandson Entertainment Private Limited completed the purchases in October.
The first apartment, part of the upscale Hubtown Twenty Five South North project, was secured for around $2.23 million. This unit includes a substantial carpet area and two designated parking spaces. The acquisition involved a stamp duty of about $133,200 and a registration fee of $360.
The second apartment, located within the same building, was purchased for approximately $2.16 million. It also features a generous carpet area and two parking spaces. Buyers paid a stamp duty of around $129,600 and a registration fee of $360 for this unit.
Prabhadevi is recognized as one of Mumbai’s most prestigious areas, known for its opulent residential towers and vibrant atmosphere. The locality boasts excellent connectivity to key business hubs such as Lower Parel, Nariman Point, and the Bandra-Kurla Complex. It is also home to historical landmarks like the Siddhivinayak Temple, alongside accessible healthcare facilities and educational institutions. This makes Prabhadevi a favored address among Mumbai’s affluent residents.
Sajid Nadiadwala founded Nadiadwala Grandson Entertainment, which stands as one of India’s leading production companies. The banner has produced numerous blockbuster films. Its successful projects include titles such as ‘Housefull,’ ‘Baaghi,’ and ‘Kick.’