According to Zapkey, Kangana Ranaut has successfully sold her exquisite bungalow in Mumbai’s upscale Pali Hill for an impressive INR 32 crore to a Hyderabad-based company. The property was initially acquired by the actress in 2017 for INR 20.7 crore and has been used as the office for the production house Manikarnika Films. Reportedly, the sale of the actress's apartment was finalised on September 5, with a stamp duty of INR 1.92 crore. The bungalow, part of a co-operative society, offers independent access, enhancing its appeal. Along with selling this property, Kangana has also invested in a new office space in Andheri, Mumbai. BJP MP Kangana Ranaut To Sell Her Mumbai Bungalow for INR 40 Crore? Here’s What We Know.

To note, last month, a YouTube channel, Code Estate, suggested that a production house office was for sale, leading many to speculate it belonged to Kangana Ranaut. The video described the property as spanning 285 square meters with a 3042-square-foot built-up area, 500-square-foot parking and two floors, priced at INR 40 crore. Kangana Ranaut’s Film ‘Emergency’ To Not Release on September 6; Bombay High Court Denies Request for Immediate Censor Board Certification.

Here's Why Pali Hill Bungalow Is 'Controversial'

For the unaware, the bungalow sold by Kangana Ranaut has previously been involved in legal disputes. In September 2020, the Brihanmumbai Municipal Corporation (BMC) partially demolished the property, citing illegal construction. However, the demolition was halted when the Bombay High Court issued a stay order on September 9, 2020. Ranaut subsequently filed a lawsuit against the BMC, initially seeking INR 2 crore in damages. She withdrew her compensation claim in May 2023, ending a prolonged legal battle that had added to the property's controversy. ‘Emergency’ Postponed: Kangana Ranaut Announces Delay of Her Directorial Debut Due to CBFC Clearance (View Post).

'Emergency' Row

Ranaut’s property sale coincides with the delay of her highly anticipated film, Emergency. Originally set for a September 6 release, the film is pending certification from the censor board. It has faced controversy, with Sikh organizations like the SGPC and Akal Takht accusing it of misrepresenting the Sikh community and calling for a ban due to concerns about negative portrayals. The movie narrates the story of India's PM Indira Gandhi.

(The above story first appeared on LatestLY on Sep 10, 2024 05:34 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).