Anjali Tendulkar Buys ₹32 Lakh Staff Apartment in Virar's Booming Property Market
- 23rd Aug 2025
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In a notable real estate move, cricket legend Sachin Tendulkar's wife, Anjali Tendulkar, has recently acquired a compact residential unit in the rapidly growing suburb of Virar's real estate market for ₹32 lakh. The 391 square feet apartment, registered in May 2025, is reportedly intended to accommodate a staff member.
Strategic Location in Mumbai's Expanding Metropolitan Region
The property transaction was completed at Peninsula Heights in Virar, which forms part of the broader Mumbai Metropolitan Region (MMR). Situated on the third floor of the building's B-wing, the apartment represents the growing Mumbai suburbs real estate boom that has been attracting investors across various income segments.
Financial Details and Government Benefits
According to registration documents dated May 30, 2025, Anjali Tendulkar benefited from Maharashtra's progressive policies for female property buyers. She received a one percent concession on stamp duty, paying ₹1.92 lakh instead of the standard rate. Additionally, registration fees of ₹30,000 were processed for the transaction.
Current Market Rates in the Region
Local real estate professionals indicate that residential property rates in Virar currently range between ₹6,000 to ₹9,000 per square foot, with variations based on specific location advantages and available amenities. This pricing positions the area as one of the affordable homes options in the extended Mumbai region.
Property Transaction Overview
Buyer | Anjali Tendulkar |
Purpose | Staff accommodation |
Location | Peninsula Heights, Virar |
Apartment Size | 391 sq ft |
Floor | Third floor, B-wing |
Transaction Date | May 30, 2025 |
Sale Price | ₹32 lakh |
Stamp Duty Paid | ₹1.92 lakh |
Registration Fee | ₹30,000 |
Special Benefit | 1% stamp duty concession for female buyer |
Growing Appeal of Outer Mumbai Locations
This investment reflects the increasing demand for Mumbai property market opportunities in peripheral areas, where affordability meets connectivity improvements. The choice also demonstrates how India's affluent families are diversifying their real estate portfolios across different price segments and purposes.
The transaction underscores the practical approach many celebrity families take toward property investments, particularly when acquiring homes for household staff or investment purposes in Mumbai's extended residential corridors.
Disclaimer: This news article is based on publicly available property registration records and local market information. Property rates and market conditions are subject to change. Readers are advised to conduct independent research and consult qualified real estate professionals before making any investment decisions.
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