Bollywood Actor Aamir Khan's Home in Mumbai Set to Redevelop by MICL

Bollywood star Aamir Khan owns up to 12 apartments on Mumbai's posh Pali Hill, which MICL, Wadhwa, and Chandak Group are planning to renovate.

By December 2025, the listed real estate developer Man Infraconstruction Limited (MICL) intends to establish an ultra-luxury project in Bandra, Mumbai's affluent Pali Hill neighborhood. Bollywood star Aamir Khan owns several homes in the Virgo Cooperative Housing Society, which is being redeveloped as part of the project.

"The project is currently under the approval stage, and we, along with our partners, are working on the documentation with the society. 

The target now is to launch the project where Aamir Khan owns apartments in December 2025 ",  Manan Shah, Managing Director of MICL said. The MICL declared in December 2023 that it will redevelop the project through one of its affiliated companies, in which it owns a 34 percent stake.

Atmosphere Realty, which is a joint venture between the Wadhwa Group, MICL, and Chandak Group, is redeveloping the housing society. Along with the other current occupants, Bollywood actor Aamir Khan, who owns about 12 flats in the building, will also receive a unit in the project's restoration phase.

For more over Rs. 9 crore, Aamir Khan purchased a 1,027 square foot property in Bandra's affluent Pali Hill neighborhood. According to property registration papers that Square Yards was able to uncover, the transfer deed was finalized in June 2025 and came with a Rs. 30,000 registration charge and a stamp duty of Rs. 58.5 lakh.

 “Sales have been very good for us overall. However, there is some slowdown in the segment priced above Rs. 1 lakh per sq ft. Any product priced at Rs. 30 crore or more is witnessing slower movement,” Shah said.

"There is a very limited number of homebuyers in that price segment, but sales are also slow, maybe because everyone these days is making larger apartments," Manan Shah said