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Tejasswi Prakash, the popular television star and Bigg Boss 15 winner, has recently invested in a luxurious apartment worth ₹7.63 crore in Mumbai’s elite Bandra area. The property is located in Bay Heights, an under-construction project, situated in the high-demand Bandra Reclamation micro market. Spanning over 1,303 square feet, the residence comes with two dedicated parking spots and was officially registered on February 16, 2026. This acquisition highlights the growing trend of celebrities securing premium coastal assets in Mumbai’s western suburbs.
Tejasswi Prakash’s new home is a spacious apartment measuring over 1,303 square feet in the Bay Heights residential tower. Located on the 14th floor, the property was purchased for a total consideration of ₹7.63 crore and includes two exclusive parking spaces. The deal was formalized in mid February 2026, marking a significant addition to her real estate portfolio.
The apartment is situated in Bandra Reclamation, a stretch known for its panoramic sea views and proximity to major business hubs like the Bandra Kurla Complex (BKC). According to property registration records, the actress has already cleared the initial 10 percent booking fee. The payment structure for the remaining amount is linked to the construction progress of the building, which is being developed by Hiranandani Developers.
Beyond the carpet area, the investment carries a substantial cost in the form of government taxes. Prakash paid ₹38 lakh in stamp duty, which is roughly 5 percent of the property value, a standard rate for high-value transactions in Mumbai. The project is currently in its construction phase, with the occupation certificate (OC) and final possession expected by the end of 2030.
Bandra Reclamation serves as a premier coastal micro market because it combines upscale residential living with exceptional connectivity to South Mumbai and the airport. The area is highly coveted for its western waterfront views and its status as a home to several business leaders and high-net-worth individuals. Its location at the starting point of the Bandra Worli Sea Link makes it one of the most accessible luxury zones in the city.
The neighborhood offers a lifestyle that balances the vibrant culture of Bandra with the exclusivity of gated developments. Over the years, the area has seen a surge in “redevelopment” projects where older structures are replaced by high-rise towers featuring rooftop infinity pools, advanced security, and private sundecks. For celebrities like Tejasswi Prakash, privacy and security are paramount, and the Bay Heights project offers both alongside a prestigious address.
Tejasswi Prakash is a popular Hindi television actress who gained national fame after winning Bigg Boss 15. She also starred in the hit supernatural series Naagin 6 and made her Marathi film debut with Mann Kasturi Re. Her property purchase reflects growing financial maturity among television stars.
Unlike earlier decades, where film actors dominated luxury property investments, television stars now command significant income through endorsements, digital presence, and brand collaborations.
Her investment highlights:
Celebrity investments often inspire aspirational buyers. When public figures purchase under construction homes instead of ready properties, it signals trust in market stability and developer credibility.
Tejasswi Prakash is currently one of the highest-paid actresses in the Indian television industry, with an estimated net worth of ₹25 crore in 2026. Her primary income sources include television shows, brand endorsements, and her recent forays into Marathi cinema and the culinary business. Her victory in Bigg Boss 15 and the massive success of Naagin 6 have significantly boosted her market value.
The acquisition of a ₹7.63 crore property is a testament to her financial discipline and long-term wealth-building strategy. Reports indicate that she earns approximately ₹2 lakh per episode for her television appearances. Additionally, she has invested in other assets, including a home in Goa and a luxury apartment in Dubai, making her a savvy investor in the global real estate market.
In 2026, the Bandra real estate market has reached a phase of price stabilization, with a heavy focus on redevelopment and infrastructure-led growth. Developers are now prioritizing “experience driven” homes that offer lifestyle perks over mere square footage. The commissioning of new Metro lines and the progress of the Coastal Road have kept demand high even as supply increases.
| Feature | Bandra West | Bandra East |
| Average Rate (per sq ft) | ₹55,000 – ₹65,000 | ₹40,000 – ₹45,000 |
| Primary Demand Driver | Lifestyle & Sea Views | Proximity to BKC & Offices |
| Inventory Type | Redevelopment & Luxury Towers | Gated Communities & IT Hubs |
| Rental Yield | 3% – 4% | 4% – 5% |
Tejasswi’s choice of Bandra West (Reclamation) places her in the higher appreciation bracket. While Bandra East offers better rental yields due to the office crowd in BKC, Bandra West remains the undisputed choice for capital growth and “trophy” home ownership.
Conclusion
The recent purchase by Tejasswi Prakash underscores the enduring allure of Bandra as the ultimate destination for celebrity homes in Mumbai. By investing ₹7.63 crore in an under-construction project, she has secured a prime asset in a neighborhood that continues to outperform many other parts of the city in terms of capital appreciation. The move highlights not just her personal success but also the maturity of the Mumbai real estate market in 2026, where buyers are increasingly looking for branded developers and strategic coastal locations. As the city’s infrastructure continues to evolve with the Coastal Road and Metro expansions, luxury pockets like Bandra Reclamation are set to remain the gold standard for residential living.
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