Ajay Devgn adds 2-acre Karjat farmland for Rs 1.6 crore
Ajay Devgn has bought 2.05 acres of agricultural land in Karjat for Rs 1.60 crore. Stamp duty and fees push the total outlay to around Rs 1.70 crore.
Ajay Devgn has expanded his real estate holdings beyond Mumbai with the purchase of agricultural land in Karjat. Property registration documents accessed by CRE Matrix show that the actor bought about 2.05 acres in Bhoirwadi village, Raigad district, for Rs 1.60 crore.
The sale deed was registered on October 29, 2026. The seller is Rashid Hasanmiya Patel, while the buyer is recorded under the actor’s full name, Ajay alias Vishal Veeru Devgan.
The Karjat deal by the numbers
The parcel measures 0.829 hectares, which converts to roughly 2.05 acres. That puts the effective price at about Rs 78 lakh per acre.
- Purchase price: Rs 1.60 crore
- Stamp duty: Rs 9.6 lakh
- Registration fee: Rs 30,000
- Total transaction outlay: approximately Rs 1.70 crore, excluding incidental charges
The documents note that the payment was made through banking channels in multiple instalments.
A portfolio that now reaches Raigad
The Karjat land joins a portfolio that has been concentrated in Mumbai’s premium residential and commercial pockets. In 2021, Devgn and his mother Veena Devgn bought a Juhu bungalow for Rs 47.5 crore. The 474.4-square-metre property was later leased to Florian Hurel Salon Private Limited in August 2026 under a five-year agreement expected to bring rental income of about Rs 10.61 crore.
In 2023, he added five office units in the Signature building in Oshiwara for Rs 45.09 crore. The units sit on the 16th and 17th floors, cover about 13,293 sq ft, and include 14 parking spots.
Devgn has also been turning some of that space into rental income. In September 2024, a 3,455 sq ft office in Signature Tower was leased to Kabir Khan Entertainment for Rs 7 lakh a month. In May 2025, another 2,545 sq ft office went to Bombay Design Centre Private Limited at an initial rent of Rs 5.47 lakh a month; that five-year deal is expected to generate around Rs 3.3 crore.
Why this purchase matters
For followers of celebrity money, the Karjat transaction is notable because it moves Devgn’s property story out of Mumbai. Agricultural land in Raigad has a different risk and return profile from a Juhu bungalow or an Andheri office. The per-acre price of roughly Rs 78 lakh reframes the deal: it is a comparatively lower-ticket entry into land, with statutory costs adding about Rs 10 lakh on top.
For readers who track celebrity property, the paperwork offers a useful breakdown. The headline price is Rs 1.60 crore, but once stamp duty and registration are included, the total cost rises by roughly Rs 10 lakh, or a little over 6 percent. That gap between the purchase price and the all-in cost is often hidden in quick headlines.
What comes next is whether this is a personal holding or the start of a larger non-Mumbai play. The source material does not detail plans for the land, but it does confirm that Devgn continues to diversify across residential, commercial, and now agricultural assets.
Source: bollywoodHungama.com
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