Goregaon Penthouse Sells for ₹55 Crore: A Record-Breaking Deal in Mumbai Real Estate

An 8,570 sq ft penthouse in Goregaon, Mumbai, has been sold by listed developer Oberoi Realty for ₹55 crore at a per sq ft price of ₹64,822, making it one of the highest recorded deals in the western suburbs, according to property registration documents accessed by Zapkey.com.

The penthouse, located in the Oberoi Elysian building on the Western Express Highway (WEH) in Goregaon East, was purchased by Kapila Aorora, the promoter of a manufacturing company. The transaction was registered on February 18, 2026.

According to the documents, the penthouse spans the 62nd, 63rd, and 64th floors of the building. A stamp duty of ₹2.77 crore and a registration fee of ₹30,000 were paid for the transaction. A 1% discount on stamp duty was availed under the Maharashtra government's incentive for women homebuyers.

The penthouse was purchased along with six parking spaces, the documents show. An email query was sent to Oberoi Realty, and the story will be updated if a response is received. Kapila Arora could not be reached for comment.

According to real estate experts, this is one of the highest per sq ft rates for which a residential property was transacted in the history of the western suburbs. In the past, two luxury buildings, including Oberoi Sky City and Aquaria Grande in Borivali, have fetched over ₹50,000 per sq ft.

For example, in 2025, Bollywood actor Akshay Kumar sold two apartments in Mumbai's Borivali for ₹7.10 crore at a per sq ft price of over ₹52,000. The two apartments were located in the Oberoi Sky City project.

This transaction of a penthouse being sold for ₹55 crore is the highest rate (₹64,834/sft) in the particular building and also in the western suburbs at large. The majority of transactions are in the range of ₹42,000 to ₹46,000 per sq ft. However, deals for higher floors (53rd and above), rates are in the range of ₹54,000 to ₹57,000 per sq ft. The second-highest rate is ₹63,609 per sq ft for an apartment measuring 3,042 sq ft on the 58th floor that was sold for ₹19.3 crore, according to Sandeep Reddy, co-founder of Zapkey.com.

The record-breaking deal highlights the ongoing demand for luxury properties in Mumbai, particularly in the western suburbs. Despite the challenges of the real estate market, premium properties continue to attract high-net-worth individuals looking for premium living spaces. The transaction also underscores the brand strength of developers like Oberoi Realty, which has a history of delivering high-quality, luxury properties in prime locations.

For buyers like Kapila Aorora, the penthouse in Oberoi Elysian represents not just a significant investment but also a symbol of luxury and prestige in one of Mumbai's most sought-after neighborhoods. The building's prime location on the Western Express Highway and its amenities, including the six parking spaces, further enhance its appeal.