Details of the Property Deal
According to registration records, the apartment measures 121.14 square metres, or approximately 1,304 square feet. The property was purchased from Excel Enterprises India Private Limited.
The deal includes two designated car parking spaces, adding to the property’s value. The actress paid a stamp duty of ₹38.15 lakh for the transaction, in line with Maharashtra’s property registration norms. Official property registration procedures in the state are governed by the Inspector General of Registration and can be verified via https://igrmaharashtra.gov.in.
As per the agreement, possession of the apartment is scheduled for November 29, 2030. The delayed possession timeline suggests that the unit may be part of an under-construction or phased development project.
Bandra West: A Celebrity Magnet
Bandra West has long been a preferred destination for celebrities, business leaders, and high-net-worth individuals. Its appeal lies in its sea-facing residences, well-developed social infrastructure, and easy connectivity to Mumbai’s business districts such as BKC and Lower Parel.
The area also boasts premium retail outlets, fine-dining restaurants, and a vibrant cultural scene. Bandra Reclamation, in particular, has witnessed sustained demand in recent years despite elevated property prices.
Industry observers note that luxury real estate in Mumbai continues to attract strong investor interest. Data released periodically by the Maharashtra government’s housing and urban development authorities, available at https://maharashtra.gov.in, indicate consistent growth in high-value property registrations across Mumbai’s western suburbs.
About Tejasswi Prakash
Tejasswi Prakash is a well-known face in Hindi television and Marathi cinema. She gained popularity for portraying Ragini Gadodia in the television drama “Swaragini – Jodein Rishton Ke Sur” and later appeared as Pratha Gujral in “Naagin 6.”
Over the years, she has received recognition including an Indian Television Academy Award and an Indian Telly Award. Her growing professional success appears to be reflected in her real estate investments.
Luxury Housing Demand Remains Strong
The ₹7.63 crore purchase highlights the continued appetite for premium residential properties in Mumbai. Despite higher interest rates and price appreciation in recent years, luxury housing transactions have remained resilient.
Developers report that celebrity acquisitions often reinforce buyer confidence in micro-markets. Bandra West, with its established reputation and limited supply of prime land parcels, continues to command premium pricing.
Real estate analysts say that investments in established neighbourhoods like Bandra are viewed as relatively stable long-term assets. Proximity to business districts and lifestyle amenities adds to their enduring appeal.
With this acquisition, Tejasswi Prakash joins the list of prominent personalities choosing Bandra West as their residential base. The deal further underscores the robust demand for high-end housing in Mumbai’s competitive property market.
