Salim Merchant buys Mumbai commercial property for ₹12.85 crore
In short
Salim Merchant bought commercial property in Mumbai’s Santacruz for ₹12.85 crore with four other buyers. The deal was registered on October 7 and includes 1,285 sq ft of carpet area plus one parking space.
This matters because it is a large property purchase in a prime Mumbai area. The report does not say what the space will be used for or how the other buyers split ownership.
What the reporting says
Composer and singer Salim Merchant bought commercial premises in Mumbai’s Santacruz with four other buyers for ₹12.85 crore, according to CRE Matrix. The deal was registered on October 7 and included 1,285 sq ft of carpet area, one parking space and a reported 50% stake for Merchant. The immediate significance is a high-value real estate transaction, while the reporting does not state the other buyers’ stakes or intended use.
Why it matters
Composer and singer Salim Merchant purchased commercial premises in Mumbai’s Santacruz for ₹12.85 crore, with the deal registered on October 7, according to CRE Matrix. The purchase included 1,285 sq ft of carpet area and one parking space, and Merchant reportedly holds a 50% stake. It is a notable real estate transaction, but the available reporting does not state the purpose of the property or the ownership split among the other buyers.