India, April 8 -- While Bollywood stars continue to invest in and offload properties in Mumbai's luxury real estate market, underscoring the market's resilience, the real story lies in the fine print-timelines, taxes, and transaction costs. Although the eye-catching returns may seem impressive, the annualized returns could tell a different story.

Mumbai real estate attracts stamp duty, registration charges, brokerage fees, and capital gains tax, which can reduce overall returns by 7-10%. Therefore, an expert has said in a Linkedin post, that it is crucial to focus on annualized returns and account for transaction costs to accurately assess investment performance, particularly in real estate.

A LinkedIn post by Gundeep Singh, founder of ...