Krishna Kuppuswami Dasarakothapalli, known as Krishna DK, has purchased a luxury duplex apartment in Mumbai’s Goregaon suburb for over Rs 35.50 crore.
The director, known for his work including The Family Man, Farzi, and Stree has acquired the 6,245-square-foot property jointly with his wife, Anuradha Sharma.
As part of the deal, the buyers will also get ownership rights to a 1.62% land parcel of the Tower Windsor Grande Residences, which also counts other Bollywood personalities, including actors and leading singers, as apartment owners.
Krishna DK has paid stamp duty of Rs 2.13 crore for the registration of the deal that took place in December, according to documents accessed through Zapkey.com. The buyers have acquired the property directly from Windsor Realty, the developer of the project.
The luxury project with two towers is spread over four acres near Lokhandwala Complex and was delivered four years ago.
ET’s email query to Krishna DK’s team remained unanswered until the time of going to press, while Windsor Realty’s founder, Gopal Narang, declined to comment on the story.
The demand for residential properties and its conversion into sales across the country’s top eight cities scaled an all-time high in 2023, led by heightened activity in the mid-income, premium, and luxury segments.
Among the key markets, Mumbai led the performance as the country’s biggest and most expensive property market continued its record-setting spree, scaling a new peak with its best annual performance in terms of both registration of properties and revenue collection through stamp duty charges.