In a move that has captured the attention of both the real estate world and celebrity watchers, Anjali Tendulkar, the wife of cricket legend Sachin Tendulkar, has purchased a newly built apartment in Virar, a rapidly developing part of the Mumbai Metropolitan Region (MMR). The transaction, registered on May 30, 2025, highlights not only a strategic investment but also a quiet acknowledgment of the benefits offered to women homebuyers in Maharashtra.

A Quiet Investment in a Growing Suburb

The details of the purchase reveal a thoughtful and practical decision. The apartment, a compact 391 sq ft space, is located on the third floor of Peninsula Heights, a project known for its modern amenities. The total price of the property was ₹32 lakh. The transaction was meticulously handled, with Anjali Tendulkar paying a stamp duty of ₹1.92 lakh and registration fees of ₹30,000. This investment in Virar, a location that offers a balance of affordability and connectivity to the main city, speaks to a broader trend of savvy homebuyers looking beyond Mumbai's soaring central property prices.

The Power of Being a Woman Homebuyer

One of the most noteworthy aspects of this transaction is the financial benefit Anjali Tendulkar availed. As per Maharashtra's state policy, women homebuyers are eligible for a 1% concession on stamp duty. This policy, designed to encourage female property ownership, allows women to pay a lower stamp duty rate, which typically ranges from 5% to 7%. By availing this benefit, Anjali Tendulkar's purchase not only serves as a smart investment but also as a powerful endorsement of a government initiative aimed at empowering women financially.

A Glimpse into the Future of MMR

Anjali Tendulkar’s purchase in Virar is more than just a personal real estate deal; it's a marker of the area's growing appeal. Virar, once considered a distant suburb, is now a key component of the MMR's expansion. With improving infrastructure, better connectivity, and more affordable residential options compared to central Mumbai, it has become a hotspot for both first-time homebuyers and investors. A high-profile purchase like this is likely to instill further confidence in the region's real estate market, potentially driving up demand and property values.

The move also offers a glimpse into the grounded nature of the Tendulkar family. Despite their immense wealth and celebrity status, they continue to make prudent and practical financial decisions, opting for a modest, well-located property rather than a lavish, high-end one. It's a testament to their humble beginnings and their values, proving that true wealth lies in making smart choices, regardless of one's fame or fortune.
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