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Bollywood singer Sonu Nigam's father, Agam Kumar Nigam, has acquired a luxurious property in the upscale Versova neighbourhood of Mumbai for a staggering sum of INR 12 crore. The apartment, situated on the 10th floor, is located along the Versova Sea Link and spans an impressive area of 2,022 square feet. Mumbai has recently seen many noteworthy transactions, including Mavjibhai Shamjibhai Patel's INR 97.4 crore apartment purchase in Oberoi 360 West, Shahid Kapoor and Mira Kapoor's INR 60 crore luxury sea-view apartment, and Anil Gupta's INR 270 crore investment in the Lodha Malabar project. These high-value deals showcase Mumbai's status as a premier destination for the country's elite seeking premium real estate investments.
Bollywood singer Sonu Nigam's father, Agam Kumar Nigam, has acquired a luxurious property in the upscale Versova neighbourhood of Mumbai for a staggering sum of INR 12 crore, as revealed by documents accessed by Zapkey.
The apartment, situated on the 10th floor, is located along the Versova Sea Link and spans an impressive area of 2,022 square feet.
The transaction was finalized on March 18, with the seller being Earth Worth Construction Pvt Ltd. The records show that the stamp duty paid for this deal amounted to INR 72 lakh.
Earlier, in April last year, Sonu Nigam had purchased two commercial properties in Andheri, covering a total area of 5,547 square feet, for INR 11.37 crore, as previously reported by Propstack.
Mumbai has witnessed several high-profile real estate deals recently. It includes Bollywood stars, sportspersons and industrialists.
In April, Mavjibhai Shamjibhai Patel, the promoter of diamond company Kiran Gems, acquired an apartment in the prestigious Oberoi 360 West project in Worli for a staggering INR 97.4 crore. Bollywood actor Shahid Kapoor and his wife Mira Kapoor also purchased a luxurious sea-view apartment worth around INR 60 crore in the same Oberoi 360 West project.
Anil Gupta, the Chairman and Managing Director of Wellknown Polyesters Ltd, bought two apartments worth INR 270 crore in the Lodha Malabar project in South Mumbai, developed by Macrotech Developers. The Malabar Palaces by Lodha is being constructed on the coveted Walkeshwar Road in the Malabar Hill area, known as one of the most expensive residential neighborhoods in the country.
Earlier this year, Bollywood actor Mrunal Thakur and her father purchased two apartments worth INR 10 crore from Kangana Ranaut's family in the Andheri West area of Mumbai.
In January this year, cricketer Yashasvi Jaiswal acquired an apartment for INR 5.38 crore in the Ten BKC project at Bandra East, Mumbai.
Last year, Boney Kapoor and his two daughters, Jahnvi Kapoor and Khushi Kapoor, sold four flats in Andheri West, Mumbai, for over INR 12 crore. Additionally, actor Ranveer Singh had sold two flats in a luxury tower in Mumbai for INR 15.24 crore during the same period.
The sizable investments made by these prominent figures in the city's luxury properties underscore the continued demand for high-end residential options in Mumbai, solidifying its reputation as a sought-after real estate market.
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