Salim Merchant Buys Mumbai Commercial Property for ₹12.85 Crore

Bollywood music composer and singer Salim Merchant has jointly purchased a commercial property in Santacruz West, Mumbai, for ₹12.85 crore along with four other buyers.

Bollywood music composer Salim Merchant.

PROPERTY PULSE

Mumbai: Bollywood music composer and singer Salim Merchant has jointly purchased a commercial property worth ₹12.85 crore in Santacruz West, Mumbai, along with four other buyers, adding to the list of film industry personalities investing in the city's commercial real estate market.

Salim Merchant holds a 50 per cent ownership stake in the property, while the remaining four buyers hold equal shares of 12.5 per cent each. The transaction was registered on October 7, 2026.

Located in the DLH Mangal Murti building near the intersection of Linking Road and Talmaki Road, the property has a total carpet area of 1,285 sq. ft., comprising 575 sq. ft. on the ground floor and 710 sq. ft. on the first floor. The deal also includes one car parking space. The property was purchased from Sreeja Devcon Private Limited. At the total consideration of ₹12.85 crore, the transaction works out to approximately ₹1 lakh per sq. ft. The buyers paid stamp duty of ₹77.10 lakh, equivalent to 6 per cent of the transaction value, reports said.

Celebrities Expand Investments

Several Bollywood personalities have been active in Mumbai's commercial real estate market through property acquisitions and leasing transactions. Singer Sonu Nigam recently acquired three commercial units in Andheri West for ₹17 crore.

Other film industry personalities, including Karisma Kapoor, Kareena Kapoor, Saif Ali Khan, Salman Khan, Amitabh Bachchan, and Ajay Devgn, have also invested in Mumbai's property market.

Salim Merchant is widely recognised as one half of the music-composer duo Salim–Sulaiman, which he formed with his brother Sulaiman Merchant. The duo has composed music for films including Hum Tum, Mujhse Shaadi Karogi, No Entry, Salaam Namaste, and Dhoom 2. As a singer, Salim has also been associated with tracks such as Ishq Wala Love, Shukran Allah, and Aashayein.