Manali House: Kangana Heights

Kangana's Manali House, Architectural Digest

• Kangana Ranaut's crown jewel in her property portfolio is her majestic mountain retreat in Manali, Himachal Pradesh. Fondly named Kangana Heights, the home is built in a European chalet style, incorporating locally sourced river stones, timber frames, wooden roofs, and a sloping design that blends seamlessly with the surrounding Himalayan terrain. The elevation provides panoramic views of snow-covered peaks, pine forests, and the Beas River valley, making it not just a residence but a personal sanctuary.

Kangana's Manali Home, India TV News

• The interiors of the house reflect Kangana's love for vintage charm and cultural storytelling. Every corner of the home has been thoughtfully designed with antique furniture, Kashmiri carpets, Himachali wooden carvings, handpicked wall art, and traditional chandeliers. A central highlight is the glass conservatory, which allows natural light to pour in while offering uninterrupted views of the scenic outdoors. The house features multiple bedrooms, a meditation room, a rustic yet modern kitchen, a reading lounge filled with rare books, and a sunroom where Kangana often hosts guests, journalists, and family get-togethers.
• In 2022, she undertook a major expansion of the property by building a second, smaller home on the same land. This new structure follows a more authentic Himachali architectural style, using carved wooden panels, locally harvested stone, mud plaster walls, and sloping slate roofs. The interiors are adorned with regional art, woven tapestries, and custom wooden furniture sourced from artisans in Kullu and Shimla. Kangana uses this second home as a retreat space for creative work and frequently rents it out to select film crews and brand campaigns for photo and video shoots. This dual-property estate reflects her deep-rooted connection to Himachal and her desire to create a space of aesthetic and emotional significance.

Former Pali Hill Bungalow, Bandra

Former Bandra Bungalow, Bollywood Hungama

• Kangana once owned a luxurious three-storey bungalow in Pali Hill, Bandra, one of Mumbai's most coveted celebrity enclaves. She acquired this property in 2017 for approximately ₹20 crore. The bungalow was originally intended as a residential-cum-workspace and was eventually converted into the office headquarters for her production company, Manikarnika Films.
• Located in a leafy and quiet part of Bandra, the bungalow spanned roughly 3,075 sq. ft. of built-up area with an additional 565 sq. ft. designated for parking. The interior was designed in a blend of industrial and vintage styles, incorporating reclaimed wood, exposed brick, neutral-toned walls, and minimalist design cues. Kangana frequently hosted script readings, editorial meetings, and guest interviews here. A private terrace space added charm, and it occasionally served as the backdrop for her Instagram content and press photoshoots.
• In September 2024, Kangana decided to sell the property for approximately ₹32 crore. The decision was reportedly motivated by financial strategy and a shift towards a more efficient, commercial work setup. By divesting from a large standalone property, she redirected funds into diversified real estate investments and upgraded her personal assets. The sale also reflected her transition from operating in a creative residence to a focused, studio-like workspace in Mumbai.

Office Space in Andheri

Kangana buys Office Space in Andheri, Zee News

• In May 2024, Kangana purchased a new 407 sq. ft. office unit in a premium commercial building in Andheri, Mumbai. The space, part of a new-age corporate tower known for its infrastructure and connectivity, marks her shift to a more structured corporate environment. It now serves as the central base for Manikarnika Films and her expanding content ventures, including digital productions and partnerships.
• Designed with a minimalist yet functional layout, the office includes an executive cabin, an editing suite, and a small conference area. The setup is lean but efficient, supporting post-production, planning, and business operations. Kangana personally oversaw the interiors, opting for clean lines, subtle decor, and art that reflects her filmography and core beliefs.
• Andheri, being a hub for production houses, media companies, and OTT platforms, allows her greater access to collaborators, technicians, and studios. This move symbolizes a matured phase in her business journey, with a focus on operations, scalability, and accessibility.

Other Investments

• Beyond her well-known properties in Manali and Mumbai, Kangana is reported to own multiple commercial units in Chandigarh, one of India's most planned and high-value real estate markets. These properties are said to be leased out to retail and boutique tenants, generating steady rental income.
• In addition to this, she is believed to have ancestral and private land holdings in Himachal Pradesh, including agricultural plots and hilly terrain in the vicinity of her Manali estate. Though not all assets are publicly declared, industry insiders suggest she has also explored investment opportunities in emerging wellness destinations and eco-retreat projects in Uttarakhand and South India.
• These real estate moves show a clear strategy of geographical diversification. She balances emotionally significant properties like Kangana Heights with high-yield investments in commercial metros. This approach reflects her understanding of real estate as both a legacy asset and a revenue-generating stream.

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