Cricketer KL Rahul and actor Suniel Shetty have jointly acquired a 7-acre portion of a 30-acre land parcel located in Owale, Thane West, for 9.85 crore. According to documents reviewed by the Inspector General of Registration (IGR), the transaction was completed in March 2025, with the total stamp duty paid amounting to 68.96 lakh and registration charges of 30,000.

Land Details and Future Prospects

The land, located in Thane West, is part of a larger 30-acre 17 guntha parcel. This acquisition follows a growing trend among celebrities, particularly cricketers, who have recently shown significant interest in real estate investments. With Thane emerging as a popular residential and commercial hub, the land purchase by Rahul and Shetty aligns with their investment strategies in the growing Mumbai Metropolitan Region.

Recent Trends in Celebrity Real Estate Investments

KL Rahul and Suniel Shetty are not the only cricketers investing in real estate. In recent months, cricketer Suryakumar Yadav and his wife Devisha Yadav also made a notable real estate investment by acquiring two apartments in Godrej Sky Terraces in Deonar, Mumbai, for a total value of 21.11 crore. Similarly, cricketer Rohit Sharma rented out his apartment in Lower Parel for 2.60 lakh per month, while Zaheer Khan and his wife Sagarika Ghatge purchased an apartment in Lower Parel for 11 crore.

Conclusion

This latest land acquisition by KL Rahul and Suniel Shetty in Thane is another step in the growing trend of celebrity real estate investments. As real estate in Mumbai and its suburbs continues to be a key area of interest for investors, especially those from the sports and entertainment industries, the potential for long-term value appreciation remains strong. With the property market in Thane gaining traction, this acquisition signals the duo’s confidence in the region's future growth and development.