Hema Malini's Mumbai Property Sale: A Bollywood Star's Real Estate Move

Bollywood and Mumbai real estate have always shared a glamorous relationship. Stars not only live in some of the most luxurious properties but also influence property trends across the city.

Recently, veteran actress and politician Hema Malini made headlines by selling two luxury flats in Oberoi Springs, Oshiwara, for ₹12.5 crore.

This high-profile transaction highlights how celebrity real estate deals attract both investors and fans. But beyond the star power, it also reflects current market dynamics in Andheri West, one of Mumbai’s prime locations. Let’s dive deeper into what this sale means for both buyers and the real estate market in 2025.

Hema Malini’s two flats in Oberoi Springs, Oshiwara, Andheri West fetched a combined value of ₹12.5 crore. The property is part of one of the most prestigious housing complexes in Mumbai, known for its luxury amenities and celebrity residents.

Project: Oberoi Springs Location: Oshiwara, Andheri West, Mumbai Deal Value: ₹12.5 crore (combined) Seller: Hema Malini Buyers: Reported to be high-net-worth individuals (HNIs)

Oberoi Springs is already popular in the film fraternity, with several actors and producers owning flats here. The sale underlines the demand for luxury housing in Oshiwara, even as Mumbai continues to be one of the most expensive real estate markets in India.

Oberoi Springs has long been a preferred choice for Bollywood celebrities. Its appeal lies in a blend of luxury, security, and location advantages. Some features that make it stand out include:

Prime Location – Situated in Oshiwara, with easy access to Lokhandwala, Juhu, and Andheri West.

World-Class Amenities – Swimming pool, clubhouse, gym, landscaped gardens, and multiple parking options.

High Security – Advanced surveillance and privacy, crucial for celebrities.

Community of Stars – Living among fellow actors, directors, and producers enhances its exclusivity.

For many stars, Oberoi Springs offers both comfort and a lifestyle statement, making it a long- time favorite.

The sale also points to a larger trend in Mumbai’s western suburbs. Areas like Oshiwara, Andheri West, and Lokhandwala have emerged as hubs for luxury housing due to:

Connectivity – Close to the Western Express Highway, metro stations, and major film studios.

Social Infrastructure – Premium schools, hospitals, malls, and restaurants nearby.

Demand from Film Industry – With many production houses located in Andheri, celebrities prefer living nearby.

Appreciation Potential – Consistent rise in property values makes it a lucrative investment.

In 2025, Oshiwara flats in premium projects like Oberoi Springs continue to command high prices, often ranging from ₹5 crore to ₹15 crore per unit, depending on size and view.

One cannot ignore the role of Bollywood in shaping Mumbai’s property market. Whenever a celebrity buys or sells a property, it impacts:

Demand – Fans and investors show increased interest in celebrity neighborhoods.

Pricing – Properties associated with stars often carry a “premium tag.”

Trends – Celebrities shifting from South Mumbai to the suburbs has boosted the appeal of Andheri, Juhu, and Bandra.

Hema Malini’s deal is another reminder of how celebrity investments keep certain housing complexes in the spotlight, driving long-term demand.

Analysts believe Hema Malini’s decision to sell now could be linked to favorable market conditions in 2025. With Mumbai’s luxury real estate witnessing strong growth after the pandemic, investors are willing to pay premium rates for ready luxury flats.

Possible reasons behind the timing:

High Market Demand – Rising demand for spacious, ready-to-move luxury apartments.

Capital Gain – Likely appreciation in property value since original purchase.

Diversification – Celebrities often re-invest sale proceeds into other real estate or financial assets.

Liquidity Needs – Selling high-value assets helps unlock cash flow.

Thus, the deal seems to be both a strategic financial decision and a reflection of strong market momentum in Oshiwara.

The demand for luxury flats in Mumbai continues to rise in 2025, especially in suburban areas like Andheri West, Bandra, and Powai. Buyers include:

Bollywood Stars and Producers – Looking for convenience and lifestyle.

Corporate Executives & HNIs – Attracted by the location and resale potential.

NRI Buyers – Interested in investing in prime Mumbai real estate.

According to property consultants, the luxury housing segment has seen double-digit growth in 2024–25, and deals like Hema Malini’s confirm investor confidence.

For regular homebuyers and investors, celebrity deals like this one bring mixed effects:

Positive Impact: Boosts the reputation of the project and ensures value appreciation.

Negative Impact: Prices in celebrity-centric complexes often remain beyond the reach of middle-class buyers.

However, investors often see these properties as status symbols and safe bets in the long term.

Hema Malini’s sale of two flats in Oberoi Springs, Oshiwara, for ₹12.5 crore is more than a simple property deal—it reflects:

The continuing demand for luxury real estate in Andheri West.

The influence of Bollywood on property trends and pricing.

The appeal of iconic projects like Oberoi Springs for high-net-worth buyers.

As Mumbai’s property market grows stronger in 2025, such celebrity transactions will continue to attract attention and reinforce the city’s reputation as the real estate capital of India.

Veteran actress and politician Hema Malini has sold two luxury flats in Oberoi Springs, Oshiwara, for ₹12.5 crore. The premium project, home to several celebrities, continues to attract high-net-worth buyers due to its prime location, world-class amenities, and resale value. The deal highlights the demand for luxury housing in Andheri West and shows how Bollywood stars influence Mumbai’s property market. With luxury flats commanding record prices in 2025, this sale reflects both a smart financial move by Hema Malini and a strong market for premium properties.