Bollywood Celebrity Real Estate: Sonu Nigam Sells Mumbai Property for Rs 7 Crore
Bollywood singer Sonu Nigam has sold a commercial property in Andheri West, Mumbai, for Rs 7 crore. The property measures 2,131 sqft and was sold to two Delhi-based individual buyers.
Sonu NigamMumbaiCommercial PropertyReal EstateBollywood CelebritiesReal Estate MumbaiJul 30, 2024
This is not the first time Sonu Nigam has invested in real estate. Earlier this year, his father Agam Kumar Nigam had purchased a luxury property in Mumbai's posh Versova for Rs 12 crore. In April last year, Sonu Nigam himself had purchased two commercial properties spread across an area of 5,547 sq ft in Andheri for Rs 11.37 crore.
Sonu Nigam is not the only Bollywood celebrity to invest in commercial real estate. Several other celebrities such as Amitabh Bachchan, Kajol, Sara Ali Khan, Karishma Kapoor, Ajay Devgn, and Kartik Aryan, among others, have also invested in commercial properties to earn high rental yields.
In recent months, there have been several big-ticket deals in the Mumbai real estate market. Cricketer Yashasvi Jaiswal had purchased an apartment in Mumbai for Rs 5.38 crore in the Ten BKC project at Bandra East. Mavjibhai Shamjibhai Patel, promoter of diamond company Kiran Gems, bought an apartment in Mumbai's posh Oberoi 360 West for Rs 97.4 crore. Anil Gupta, Chairman & MD of Wellknown Polyesters Ltd, purchased two apartments worth Rs 270 crore in Lodha Malabar project in South Mumbai, being constructed by Macrotech Developers.
Propstack is a real estate data and analytics company that provides access to property data and insights to help buyers, sellers, and investors make informed decisions.
Macrotech Developers is a leading real estate developer in India, known for its premium residential and commercial projects in Mumbai and other cities.
Frequently Asked Questions
How much did Sonu Nigam sell his commercial property for?
Rs 7 crore
Where is the commercial property located?
Andheri West, Mumbai
What is the per sqft rate of the commercial property?
Rs 32,848
Who are the buyers of the commercial property?
Two Delhi-based individual buyers
When was the sale deed registered?
June 28, 2024
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