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The Official Estimate—₹200 Crore?
Mannat, SRK’s seaside six-story home in Bandra, is often cited at around ₹200 crore in media and public estimates. With a built area of approximately 27,000 sq ft, that translates to around ₹74,000 per square foot—well within Mumbai’s luxury rates.
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2. Mumbai’s Real-World Rates Tell a Different Story
According to Housing.com, property near Mount Mary—just a stone’s throw from Mannat—averages around ₹61,000/sq ft, and can go as high as ₹1 lakh, depending on location and building age.
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This suggests Mannat’s land alone could be worth between ₹165–270 crore, without even factoring in the six floors of luxurious construction above.
3. Neighboring Property Benchmark— Deepika Padukone’s Bandra Quadruplex
Just beside Mannat, Deepika Padukone bought a quadruplex apartment spanning ~11,266 sq ft, valued at over ₹100 crore. That implies a per-sq‑ft valuation of roughly ₹88,700, confirming that ultra-luxury Bandra real estate regularly fetches higher rates.
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4. Building Up: Mannat’s Renovations & Added Floors
Keep in mind that Mannat is not just land—it’s an entire six-floor edifice. Plus, additional floors are being added during renovations, so let’s conservatively say the property totals closer to 32,000 sq ft soon. Applying ₹1 lakh/sq ft, its value easily climbs to ₹320 crore or more.
Summary Table: Mannat’s Estimated Value
| Component | Estimated Value Estimate |
|---|---|
| Basic ₹200 cr market tag | ~₹74,000/sq ft |
| Land value (61k–1L/sq ft) | ₹165–270 crore stretch |
| With new floors (~32k sqft) | ₹320 crore+ estimate |
While Mannat is widely quoted at around ₹200 crore, a closer look at location rate, built area, and recent improvements suggests its true market value is likely well above ₹300 crore—perhaps even nearing ₹350 crore.
