Alka Yagnik, the renowned Bollywood singer, and her daughter Syesha Kapoor have made a significant investment in Mumbai’s real estate market by acquiring a ₹11.5 crore apartment in the prestigious Oberoi Sky Heights in Andheri West.
Mumbai Real EstateAlka YagnikSyesha KapoorOberoi Sky HeightsAndheri WestReal Estate MumbaiApr 16, 2025
The apartment purchased by Alka Yagnik and Syesha Kapoor is valued at ₹11.5 crore.
The Oberoi Sky Heights is located in Andheri West, Mumbai.
The Oberoi Sky Heights offers a range of amenities including a swimming pool, a gym, and a club lounge.
Andheri West is preferred for its well-developed infrastructure, connectivity, and proximity to major business districts, making it a prime location for luxury living.
The investment by Alka Yagnik and Syesha Kapoor indicates the resilience and appeal of the Mumbai real estate market, particularly in prime locations like Andheri West.
India's real estate sector is expected to witness a major resurgence with investments anticipated to triple to INR 3 trillion over the next two years, driven by a strong rebound in residential property sales and sustained demand for commercial space.
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Maharashtra's booming economy is marred by significant income disparity and rural stagnation.
Shivdasani's property sale highlights the continuing demand for luxury real estate in Mumbai. The deal, which was registered last month, came with a stamp duty of Rs 35 lakh and a registration fee of Rs 30,000.
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