Bollywood actress Madhuri Dixit and her husband, Dr. Shriram Madhav Nene, have successfully sold another apartment in Mumbai's affluent Juhu locality for ₹4.40 crore. This recent transaction, registered on July 3, 2026, marks a significant capital appreciation of approximately 127% on their original investment over nearly 14 years.
Details of the Juhu Property Sale
The couple initially acquired the 774 sq ft apartment on June 4, 2012, for ₹1.94 crore. Located on a lower floor of Iris Park, within The Deep Varsha Co-operative Housing Society Ltd on Military Road in Juhu Vile Parle Development (JVPD) Scheme, the property is a prime example of Mumbai's coveted real estate. Property registration documents, accessed via CRE Matrix, identify Sachin Shekar Shetty as the buyer, who paid ₹26.40 lakh in stamp duty along with additional registration charges.
It is important to note that the apartment's stilt car parking space had been sold separately in December 2025, prior to this apartment sale.
Madhuri Dixit's Recent Real Estate Transactions
This sale represents the third property transaction for Madhuri Dixit in Mumbai within the last eight months, underscoring active engagement in the city's property market. In December 2025, Dixit and Dr. Nene sold another 780.13 sq ft apartment in the same Juhu building for ₹3.90 crore. This earlier sale also yielded a substantial return, appreciating by nearly 99.22% over more than 13 years.
Earlier in June 2026, Madhuri Dixit also divested a commercial office space in Andheri West. The 1,594.24 sq ft office, purchased nearly 18 years ago for ₹52.5 lakh, was sold for ₹4.85 crore, demonstrating an extraordinary appreciation of approximately 824%.
Juhu: A Hub for Celebrity Real Estate
Juhu continues to be one of Mumbai's most desirable residential neighborhoods, attracting numerous Bollywood personalities. Its strategic location, offering proximity to major film studios, robust infrastructure, and a plethora of luxury homes, sustains strong demand for properties. The latest sale by Madhuri Dixit and Dr. Shriram Nene further illustrates the significant long-term appreciation potential within Mumbai's established luxury real estate markets.