MUMBAI: Bollywood singer Shantanu Mukherjee, popularly known as Shaan, and his wife Radhika Mukherjee have purchased three luxury apartments in Mumbai for a combined price of Rs4.764 billion Indian rupees, according to property registration documents.

The three apartments are located on the higher floors of the Palmiera project on Turner Road in Bandra West, one of Mumbai’s most sought-after residential areas. The properties have a combined area of 6,267.87 square feet and come with a total of nine car parking spaces.

According to the registration documents, each of the three apartments was purchased for Rs1.588 billion Indian rupees, bringing the total value of the transaction to approximately Rs4.764 billion. The couple also paid a total of Rs270 million in stamp duty on the property purchase.

The registrations for the three apartments were completed separately on August 20, 2026. Following the purchase, Shaan and Radhika combined the three individual apartments to create a single, larger residential unit. The registration process for the newly combined residential property was also completed on the same day.

The luxury condominium on Turner Road has a connection with Bollywood history. The building previously served as the residence of veteran Bollywood actress Mala Sinha, adding to the property’s prominence within Mumbai’s entertainment and real estate circles.

The high-value purchase by Shaan and Radhika comes at a time when Mumbai’s luxury housing market continues to witness significant activity, with high-net-worth individuals and celebrities increasingly investing in premium residential properties in prime locations.

Bandra West, where the apartments are situated, is among Mumbai’s most prestigious neighbourhoods and is known for its high-end residential developments, celebrity homes, restaurants and entertainment venues. Properties in the area command some of the highest prices in the city due to their location and limited availability of premium housing.

The latest purchase is not the couple’s first major real estate investment. Last year, Shaan and his wife reportedly purchased a luxury bungalow in Pune for around Rs1 billion Indian rupees.

Shaan, 54, is one of the well-known voices in the Indian music industry. He has performed numerous Bollywood songs and has also worked as a television presenter and music show host. Over the years, he has established a prominent position in the Hindi music industry.

The purchase of three apartments and their subsequent conversion into a single residential unit reflects the growing preference among affluent buyers for customised luxury homes in Mumbai’s prime locations. Such properties offer larger living spaces, privacy and premium amenities while also serving as significant investments in one of India’s most expensive real estate markets.

With the latest acquisition, Shaan and Radhika have further expanded their property portfolio, adding another high-value asset to their real estate investments in India.

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