Bollywood News

Bollywood actor Saif Ali Khan has made a major addition to his investment portfolio with the purchase of premium commercial property worth ₹30.75 crore at Kanakia Wallstreet, Andheri East, one of Mumbai’s most sought-after business addresses.

The transaction was facilitated by Knight Frank and Volney, a leading real estate advisory & investor network firm founded by Mr. Rohan Sheth. Volney also recently managed the office leasing deal for Elon Musk’s SpaceX–Starlink at Kanakia Boomerang, Chandivali, Andheri East.

The acquisition comprises two adjoining office units (901 and 902) in the A Wing of Kanakia Wallstreet, with a total carpet area of 5,682 sq. ft. and a salable area of 9,659 sq. ft., along with six car parking spaces. The space is bought either for personal use or investment purposes. The seller of the office is Apiore Pharmaceutical, a US Based Pharma Company.

Strategically located in Andheri East, Kanakia Wallstreet has evolved into a preferred address for corporates, creative agencies, and global enterprises. The commercial complex blends high-end design with modern functionality and prominent clients like Nuvama, Mannapuram Finance, Coca-Cola, Trade Bulls, ICICI Lombard & others.

Rohan Sheth, Founder at Volney, a leading real estate advisory & Investor Network firm commented, “Andheri East has transformed into one of Mumbai’s most active commercial corridors, combining accessibility, infrastructure, and strong rental yields. With seamless connectivity to the airport and key business districts, it continues to attract both institutional and individual investors seeking long-term value.”

He added, “In recent years, we’ve seen growing interest from celebrities and high-net-worth individuals diversifying into Grade-A commercial real estate. It’s viewed as a stable, appreciating asset class that complements other investment avenues.” Volney Manages 3 Prominent Commercial building in Mumbai—Kanakia Boomerang at Chandivali, Andheri, Trade Centre at BKC, & Kanakia Wallstreet at Powai, Andheri

Industry experts note that high-profile acquisitions—from Starlink’s Mumbai office to Saif Ali Khan’s purchase—reflect renewed confidence in the city’s premium business districts. Such transactions not only reinforce Mumbai’s position as India’s commercial capital but also set new benchmarks for urban office developments, signaling continued momentum in the country’s commercial property market.