Salim Merchant buys commercial property in Mumbai for Rs 12.85 crores: Report

Summary

Music composer and singer Salim Merchant has purchased a commercial property in Mumbai’s Santacruz West for Rs 12.85 crores, according to property registration documents accessed by CRE Matrix. The transaction was registered on October 7, 2026, with Salim Merchant among five buyers involved in the deal. The buyers paid Rs 77.10 lakhs in stamp duty, which amounts to 6% of the stated transaction value. Salim Merchant holds 50% stake in property According to the registration documents, Salim Merchant holds a 50% ownership share in the property. The remaining four buyers each hold a 12.5% stake…

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