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Raj Kundra transferred all his Mumbai properties worth 38.5 cr to Shilpa Shetty

Shilpa Shetty’s husband Raj Kundra has reportedly transferred all his Mumbai apartments and Juhu Bungalow in the ownership of Shilpa Shetty recently.

According to reports by ETimes, Raj Kundra has reportedly transferred ownership of his apartments and Juhu house to his wife Shilpa Shetty. As per, Raj has transmitted the properties worth Rs 38.5 crore to his actress wife.

The reports further stated that Kundra had transferred the entire first floor of his building with five flats and their Juhu sea-facing bungalow to his wife’s name Shilpa Shetty. It is also said that a paid stamp duty of Rs 1.9 crore on the transfer deed of the 5,995 sq ft house. The documents were reportedly registered on January 21, 2022. The report further adds that the transfer was valued at the current market rate which is an estimated Rs 65,000 per sq ft.

Well, a couple of months ago Raj Kundra was arrested in a pornography case. FIR was registered against him for allegedly distributing pornographic videos. The businessman was sentenced to two months in prison. Currently, he is out on bail.

Talking about the plea, The Mumbai Police’s cyber division has filed a complaint against Kundra for allegedly distributing/ transmitting sexually explicit movies under Sections of the Indian Penal Code, the Indecent Representation of Women (Prevention) Act, and the Information Technology Act. Raj Kundra applied for anticipatory bail at the Sessions Court but was denied, so he moved to the High Court. He claims that he was framed in the case in his application. Sherlyn Chopra and Poonam Pandey, two Bollywood actresses, were identified as co-accused in the FIR.

CT Team


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