Madhuri Dixit, Shriram Nene sell Juhu flat bought for Rs 1.94 crore for Rs 4.40 crore

Madhuri Dixit and her husband, Dr Shriram Madhav Nene, have sold another apartment in Mumbai's Juhu for Rs 4.40 crore, nearly 14 years after buying it for Rs 1.94 crore. The transaction represents a capital appreciation of around 127%, according to property registration documents accessed by CRE Matrix, according to a .

The sale was registered on July 3, 2026. The buyer, Sachin Shekar Shetty, paid Rs 26.40 lakh in stamp duty and Rs 30,000 in registration charges, the documents showed.

The apartment is located on a lower floor of Iris Park, part of The Deep Varsha Co-operative Housing Society Ltd, on Military Road in the Juhu Vile Parle Development (JVPD) Scheme.


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The property has a carpet area of 774 sq ft. The stilt parking space originally attached to the apartment had already been sold separately to another buyer on December 15, 2025.

Madhuri Dixit bought apartment for Rs 1.94 crore in 2012

Dixit and Nene purchased the apartment on June 4, 2012, for Rs 1.94 crore. Its sale for Rs 4.40 crore translates into an estimated 127% appreciation over nearly 14 years.

Third Mumbai property sold in eight months

The Juhu transaction is the third property sold by Madhuri Dixit in Mumbai over the past eight months, according to property registration documents.

In December 2025, Dixit and Nene sold another 780.13 sq ft apartment in the same Juhu building for Rs 3.90 crore. The property had been purchased for Rs 1.95 crore more than 13 years earlier, resulting in an appreciation of nearly 99.22%.

Earlier, in June 2026, Dixit sold a commercial office space in Andheri West for Rs 4.85 crore. The 1,594.24 sq ft office, located on the fourth floor of Morya Landmark II Premises Co-operative Society Ltd in Oshiwara, had been purchased nearly 18 years earlier for Rs 52.5 lakh.

The office transaction resulted in an appreciation of nearly 824%. It was purchased by Frames Production Company Private Limited and included three car parking spaces. The deal attracted Rs 29.10 lakh in stamp duty.

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Why Juhu remains a celebrity real estate hotspot

Juhu continues to be among Mumbai's prominent residential destinations for celebrities. The locality is home to Bollywood personalities such as Amitabh Bachchan and Varun Dhawan, along with several producers and filmmakers.

Its central location, proximity to film studios in Andheri, Goregaon, Bandra and Khar, and availability of premium sea-facing apartments and bungalows have contributed to its appeal as a luxury residential market.

Local property brokers said residential apartments in Juhu are currently priced between Rs 60,000 and Rs 1 lakh per sq ft, indicating continued demand in the premium micro-market.