Salim Merchant Buys Mumbai Commercial Property for 12.85 Crore

Music composer Salim Merchant and four co-buyers acquire a 1,285 sq. ft. commercial property in Santacruz West, Mumbai, for ₹12.85 crore, with Merchant holding a 50% ownership stake.

Music composer and singer Salim Merchant, along with four other buyers, purchases a commercial property in Santacruz West, Mumbai, for ₹12.85 crore. The transaction, registered on October 7, 2026, covers commercial premises across the ground and first floors of DLH Mangal Murti, located at the junction of Linking Road and Talmaki Road.

According to property registration documents accessed by real estate data platform CRE Matrix, the premises have a combined carpet area of 1,285 square feet and include one car parking space. Merchant holds a 50% ownership stake in the property, while the remaining share is divided equally among the four other purchasers, each holding 12.5%.

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The property is acquired from Shreeja Devcon Private Limited. The buyers pay stamp duty of ₹77.10 lakh, equivalent to 6% of the transaction value. At ₹12.85 crore, the purchase price works out to approximately ₹1 lakh per square foot of carpet area.

The commercial premises comprise 575 square feet on the ground floor and 710 square feet on the first floor. Their location along Linking Road places the property within one of Mumbai’s established retail destinations, known for its shopping activity and commercial visibility. Such locations can attract businesses seeking access to established customer traffic, although the property’s intended use has not been disclosed.

The acquisition adds to the reported commercial real estate investments made by prominent personalities in Mumbai. Commercial properties in the city’s established retail and business districts continue to draw interest from buyers seeking assets in well-connected locations.

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Merchant, known as one half of the composer duo Salim–Sulaiman, has built a career spanning film music composition, singing and live performances. The details of the commercial property transaction emerge from registration records rather than a public statement by the musician.

The deal highlights continued activity in Mumbai’s commercial property market, particularly in established suburban locations where retail presence and connectivity contribute to real estate demand.