KL Rahul and Suniel Shetty Acquire ₹9.85 Crore Land Parcel in Owale, Thane West

KL Rahul and Suniel Shetty Acquire ₹9.85 Crore Land Parcel in Owale, Thane West

Thane, April 2025 — Indian cricketer KL Rahul and veteran Bollywood actor Suniel Shetty have jointly purchased 7 acres of undivided land in Owale, Thane West, for a reported value of ₹9.85 crore, according to official property documents reviewed by Square Yards via the Maharashtra IGR portal.

📍 Location Advantage: Owale, Thane West

The land parcel is located in Owale, a key residential node situated along the Ghodbunder Road, one of Thane’s most important arterial routes. The location connects Thane West to both Eastern and Western Express Highways, making it easily accessible from Mumbai, the western suburbs, and major commercial hubs.

Strategically nestled between Anand Nagar and Kasarvadavali, Owale has become a sought-after locality due to its infrastructure growth, upcoming real estate developments, and serene natural surroundings. This makes it a prime investment destination for high-profile buyers.

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📄 Deal Highlights (as per official registration documents):

• Transaction Value: ₹9.85 crore
• Stamp Duty Paid: ₹68.96 lakh
• Registration Charges: ₹30,000
• Land Area: 7 acres
• Land Type: Undivided share in a larger land parcel spanning 30 acres and 17 guntha
• Land Area in Metric Units: ~28,327.95 sq. m (~33,879.58 sq. yd)

The land was acquired as part of a larger parcel and is registered as an undivided interest, commonly used in joint development or long-term investment planning. The transaction was officially registered in March 2025.

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👤 Who Are the Buyers?

🏏 KL Rahul

A prominent face in Indian cricket, KL Rahul is recognized for his batting versatility and has consistently performed across all formats. He has served as the vice-captain of the national team and led multiple franchises in the Indian Premier League (IPL). Among his accolades is the CEAT T20 International Cricketer of the Year award. With this investment, Rahul diversifies his portfolio into real estate.

🎬 Suniel Shetty

One of Bollywood’s most enduring action stars, Suniel Shetty has featured in over 100 films, spanning genres like action, drama, and comedy. Beyond his film career, Shetty is also a successful entrepreneur in sectors such as fitness, hospitality, and real estate. His business acumen is well known, making this land acquisition a strategic addition to his holdings.

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🧠 Strategic Move for the Future?

Joint investments like this between high-profile individuals point to a growing trend among Indian celebrities to invest in strategic land parcels in fast-developing suburbs. With Owale’s proximity to metro infrastructure and premium projects, this acquisition may serve personal, commercial, or future development purposes.

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🖊️ Source & Media Contact

This news report is based on official property registration data accessed via the Inspector General of Registration (IGR), Maharashtra, and published by Square Yards Data Intelligence.

Media Contact:
Afrin Shaikh
Associate Director, Slough PR
📧 afrin@sloughpr.com /

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