Renowned comedian, rapper, and singer Munawar Faruqui has recently made headlines with his purchase of a luxury apartment in the upscale New Cuffe Parade area of Wadala, Mumbai. The property documents reveal that he acquired this stunning residence for approximately $730,800.
The apartment is situated within the Lodha Group’s prestigious project, Lodha Aura, a high-rise development that is currently under construction.
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Wadala has emerged as a significant player in the real estate market in recent years, thanks to its excellent connectivity to the Bandra Kurla Complex (BKC) financial district, as well as its array of impressive residential and commercial offerings, attracting both investors and celebrities alike.
Faruqui’s new home spans an impressive 164.25 square meters (1,767.97 square feet) and comes with three designated parking spaces. The deal was officially completed in September 2024, with a stamp duty of approximately $43,920 and a registration fee of around $360.
This purchase highlights the growing trend of prominent figures investing in luxurious properties in Mumbai, reflecting both their success and the city’s vibrant real estate market.