India, Oct. 27 -- Salim Merchant, along with four other individuals, has purchased a commercial property spread across the ground and first floors of a building in Mumbai's Santacruz (West) for a total consideration of Rs.12.85 crore, according to property registration documents accessed by CRE Matrix.

The transaction was registered on October 7, 2026, with the purchasers paying stamp duty of Rs.77.10 lakh, according to the documents. Merchant holds a 50% share in the property, while the remaining ownership is divided equally among four other purchasers, each holding a 12.5% share.

The commercial premises are located in a building named DLH Mangal Murti, at the junction of Linking Road and Talmaki Road in Santacruz (West), Mumbai. The p...