Bollywood Star's Property Firm Expands Mumbai Commercial Portfolio with ₹31 Crore Chandivali Investment

A strategic commercial property acquisition has marked another significant milestone in Mumbai's premium real estate sector, as HRX Digitech LLP, the business entity associated with Bollywood actor Hrithik Roshan and his father Rakesh Roshan, reportedly expanded its commercial footprint in Andheri East through a substantial ₹31 crore transaction.

Strategic Office Space Acquisition in Chandivali

According to property registration documents dated July 9, 2025, HRX Digitech LLP secured three office units on the first floor of the Boomerang building in Chandivali, covering a total area of 13,546 square feet. The transaction involved stamp duty payment of ₹1.86 crore and registration fees of ₹30,000, with the sellers identified as Manish Krishangopal Bazari, Shalini Manish Bazari, and Bazspace Pvt. Ltd.

Pattern of Commercial Real Estate Consolidation

This latest acquisition appears to be part of a broader commercial real estate strategy, as reports indicate that HRX Digitech had previously purchased five units on the fifth floor of the same Boomerang building in September 2024, covering 17,389 square feet for ₹37.75 crore. The consistent investment in the same commercial complex suggests confidence in the commercial property potential in Mumbai and particularly in Chandivali as an emerging business hub.

Asset Portfolio Rebalancing Strategy

Industry sources suggest that the Roshan family has been implementing a strategic shift from residential to commercial holdings. In mid-2025, the family reportedly sold three residential apartments in Andheri, totaling nearly 2,000 square feet, for ₹6.75 crore, indicating a calculated move toward commercial real estate investments in Mumbai that potentially offer better appreciation and rental yield prospects.

Chandivali's Emerging Commercial Significance

Real estate experts note that Chandivali has been witnessing increased commercial activity due to its strategic location and connectivity advantages. The locality's proximity to established business districts and ongoing infrastructure developments has positioned it as an attractive destination for corporate establishments and commercial investors.

Investment Implications for Mumbai's Commercial Market

The repeated investments by prominent business entities in Chandivali's commercial spaces reflect broader market trends where investors are seeking opportunities in emerging commercial hubs rather than traditional business districts. This shift aligns with the growing demand for premium properties in Mumbai and the expansion of business activities to newer commercial corridors.

Market Analysis Perspective

Property market analysts suggest that such high-value acquisitions by celebrity-backed business entities often signal confidence in specific micro-markets and can influence broader investment patterns. The concentration of investments in the same building complex indicates a bullish outlook on Chandivali's commercial real estate prospects and its potential for value appreciation.

The transaction adds to the growing list of significant commercial property deals in Mumbai's extended business districts, reflecting the ongoing expansion of the city's commercial real estate landscape beyond traditional central business areas toward emerging suburban commercial hubs.