Bollywood actress Sunny Leone has bought a 4,365 sq ft apartment in Mumbai’s Andheri suburb for Rs 16 crore. The transaction attracted Rs 48 lakh stamp duty and was registered on March 28.
The apartment on the 12th floor of an under-construction project Atlantis, being developed by realtor Crystal Pride Developers, will also provide Leone access to three mechanised car parks, a document reveals.
Leone has executed the transaction under her documented name Karenjit Kaur Vohra.
With an objective of kick-starting the real estate sector and nearly 260 linked industries by encouraging housing sales, the state government had announced a reduction in stamp duty charges to 2% from 5% from September to December-end.
Stamp duty was charged at 3% of the agreement value between January and March 31.
Apart from helping convert pent-up demand in the mid-income and affordable segments, the stamp duty reduction has also prompted the conclusion of several large-ticket transactions in the city.