New Delhi, Oct. 28 -- Composer and singer Salim Merchant, one half of the music composer duo Salim-Sulaiman, has purchased commercial property in Mumbai's Santacruz alongside four other buyers for Rs.12.85 crore, according to real estate data platform CRE Matrix.

The transaction was reportedly registered on October 7, with the buyers paying Rs.77.10 lakh in stamp duty. According to CRE Matrix, Merchant holds a 50% ownership stake, while each of the other four buyers owns 12.5%.

The deal covers commercial units with a combined carpet area of 1,285 sq ft and includes a car parking space. The property was purchased from Shreeja Devcon Private Limited.

The commercial premises are located on the ground and first floors of DLH Mangal Murti i...