Friday, April 18, 2025

KL Rahul and Suniel Shetty Acquire Land Parcel Owale in Thane West for Rs. 9.85 Crore: Square Yards

Cricketer KL Rahul and Bollywood actor Suniel Shetty have jointly acquired 7 acres of undivided land within a larger land parcel spanning a total of 30 acres 17 guntha, located in Owale, Thane West, for Rs. 9.85 crore, according to property registration documents reviewed by Square Yards on the website of Inspector General of Registration (IGR) https://igrmaharashtra.gov.in. The transaction was registered in March 2025.

Owale, located in Thane West near the prominent Ghodbunder Road, is strategically positioned between Anand Nagar and Kasarvadavali. It lies along Ghodbunder Road—one of the key arterial routes connecting Thane West to the Eastern and Western Express Highways. This prime location enhances accessibility to major business hubs in Thane, Mumbai, and the western suburbs.

As per the IGR property registration documents reviewed by Square Yards, the transaction involves 7 acres (28,327.95 sq. m / ~33,879.58 sq. yd) of undivided land within a larger land parcel spanning 30 acres and 17 guntha. The transaction incurred a stamp duty of Rs. 68.96 lakh and registration charges of Rs. 30,000.

KL Rahul, a leading Indian cricketer, is known for his versatile batting and has represented India across all formats. He has served as vice-captain of the national team and captained in the Indian Premier League (IPL). Rahul has received accolades such as the CEAT T20 International Cricketer of the Year and has consistently ranked among India’s top run-scorers. Suniel Shetty, a veteran Bollywood actor and entrepreneur, has appeared in over 100 films across action, drama, and comedy genres. He was honoured with the prestigious Rajiv Gandhi Award for his contribution to Indian cinema and has also been active in fitness, real estate, and hospitality sectors, showcasing a strong presence beyond the entertainment industry.

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