India cricketer KL Rahul and his father-in-law, actor Suniel Shetty, have jointly bought a substantial landholding in Thane West's Owale area. The duo bought seven acres of undivided land for Rs 9.85 crore, as confirmed by official documents reviewed by Square Yards on the Maharashtra government's Inspector General of Registration (IGR) portal.
The transaction, which was finalised and registered in March 2025, pertains to a land parcel that forms part of a larger expanse measuring over 30 acres and 17 guntha.
The two celebrities have secured around 28,327.95 square metres — or roughly 33,880 square yards — of land in this strategic location.
Owale, located in Thane West, along the bustling Ghodbunder Road, has become an increasingly sought-after destination for real estate investments. With its proximity to areas like Anand Nagar and Kasarvadavali, as well as easy access to both the Eastern and Western Express Highways, the region is well-positioned for both residential and commercial growth.
The registration documents reveal that a stamp duty of Rs 68.96 lakh was paid for the transaction, in addition to Rs 30,000 in registration charges. Square Yards, a property consultancy firm, reviewed the documentation and confirmed the details of the acquisition.
Earlier in 2024, Rahul and his wife Athiya Shetty, Suniel Shetty's daughter, bought a 3,350 sq ft apartment in Sandhu Palace, on Nargis Dutt Road in Bandra's Pali Hill, for over Rs 20 crore.
According to a report by Business Standard, the property, bought from Sandhu Builders, also included four car parking spaces, with a stamp duty of Rs 1.20 crore paid on July 15.
Currently, KL Rahul is busy with the ongoing season of the India Premier League. Representing Delhi Capitals, the star batter has scored 200 runs from four matches at an average of 66.67. His top score of 93 in the season so far came against Royal Challengers Bengaluru.
Suniel Shetty, who was one of the top Hindi movie stars in the 1990s, has diversified his interests over the years. He has forayed into entrepreneurship spanning sectors like fitness, hospitality and real estate.
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