Shivam Dube Acquires Luxury Apartments in Mumbai for Rs 27.5 Crore

Shivam Dube, an Indian cricketer, has purchased two high-end apartments in DLH Enclave, Oshiwara, Andheri West, for a reported ₹27.5 crore. This acquisition reflects the growing trend of sports professionals investing in Mumbai’s luxury real estate market.

Mumbai Real EstateLuxury ApartmentsShivam DubeDlh EnclaveSustainable LivingReal Estate MumbaiJun 25, 2025

Shivam Dube Acquires Luxury Apartments in Mumbai for Rs 27.5 Crore

Real Estate Mumbai:Shivam Dube, an Indian cricketer, has acquired two high-end apartments in DLH Enclave, a prominent residential project located in Oshiwara, Andheri West, Mumbai, for a reported sum of ₹27.5 crore. The transaction, formalised on 20 June 2025, reflects the growing trend of Indian sports professionals turning to Mumbai’s luxury real estate market as a stable and symbolic investment destination.

According to official registration records, the combined area of the two properties measures approximately 9,603 sq ft, comprising 4,200 sq ft of internal carpet area and around 3,800 sq ft of terrace and balcony space. The two apartments are located on the 17th and 18th floors of the DLH Enclave tower and include three dedicated car parking slots. The deal involved the payment of ₹1.65 crore in stamp duty and ₹30,000 in registration fees. The acquisition was made from Mumbai-based real estate developer Dev Land and Housing Limited, which has constructed several premium residential projects in the city. DLH Enclave, situated in one of Mumbai’s sought-after micro-markets, offers panoramic views of the nearby mangroves and creek. Local real estate brokers confirmed that the tower already houses several prominent personalities from the entertainment industry, including comedian Kapil Sharma, singer Mika Singh, and the late actor Irrfan Khan. The project’s location offers access to key arterial roads, metro stations, and a vibrant commercial and social infrastructure that appeals to upwardly mobile buyers seeking a blend of urban convenience and environmental sensitivity.

The Oshiwara micro-market in Andheri West has increasingly become a magnet for high-net-worth individuals who view such developments as both residential sanctuaries and long-term asset-building opportunities. As climate change continues to reshape urban infrastructure planning, developments that integrate environmental buffers—such as mangrove views and wind ventilation corridors—stand out as more than just luxury statements. For buyers like Shivam Dube, who represents Mumbai in domestic cricket and plays for Chennai Super Kings in the IPL, the move also mirrors a lifestyle shift towards spatial comfort, security, and sustainable living. Shivam Dube’s journey has seen a sharp upward curve over recent years. After making his international debut in 2019, he became part of India’s victorious T20 World Cup 2024 squad, further cementing his stature as a dependable all-rounder. With increasing endorsement deals, IPL contracts, and a growing fan base, Dube now joins a growing cohort of cricketers investing in premium Mumbai real estate. This includes recent investments from the likes of Suryakumar Yadav and Shreyas Iyer, who have also made similar high-ticket purchases in the city’s luxury corridors.

What makes this particular transaction noteworthy is not just the price tag, but the location’s convergence of luxury, livability, and latent sustainability. Projects like DLH Enclave are beginning to signal a shift in what constitutes aspirational housing—no longer just skyscrapers or sea views, but also intelligent design that balances privacy, access, and ecological awareness. The adjacency to natural ecosystems, especially mangroves, reflects a trend among elite buyers preferring properties that are part of greener, more breathable neighbourhoods. From a civic standpoint, such high-profile purchases offer both opportunities and challenges. On one hand, they inject investor confidence into Mumbai’s housing market, especially in the ultra-luxury bracket. On the other, they call for urgent reflection on whether such developments are being held to high enough standards of environmental compliance, energy efficiency, and equitable access. With Mumbai’s development control regulations undergoing a recalibration to encourage green and inclusive growth, transactions like Dube’s may well be a bellwether of what is to come.

The aspiration for a carbon-neutral, eco-conscious urban lifestyle is gradually moving beyond rhetoric, at least in select housing pockets. Developers are beginning to integrate sustainable materials, solar infrastructure, rainwater harvesting, and better waste management practices into high-end residential projects. Buyers, especially public figures like Dube, play a key role in amplifying this trend through their choices. When celebrities and influencers opt for homes that offer more than just vanity, it creates a ripple effect across consumer behaviour and urban planning standards. At the same time, the broader public discourse around affordability and equitable housing in Mumbai cannot be ignored. Even as top-tier projects flourish, the city continues to grapple with housing shortages for middle- and low-income groups, especially in central suburbs and peripheral growth zones. While Dube’s purchase rightfully garners attention, it also underscores the widening chasm in access to quality housing. Bridging this gap will require coordinated efforts across government, private developers, and citizens to ensure that Mumbai evolves not just vertically, but inclusively.

Neither Shivam Dube nor representatives from Dev Land and Housing Limited were available for comment at the time of publishing. However, the registration details of the deal have been verified through public records, establishing the authenticity of the transaction. As Mumbai aspires to become a cleaner, greener, and more liveable megacity, high-profile real estate movements such as this one serve as reminders that the choices of the privileged must align with the interests of the collective. Whether Dube’s Oshiwara investment ends up becoming a benchmark for aspirational housing or simply another marquee transaction will ultimately depend on how developers and policymakers respond to the larger urban challenges of sustainability, mobility, and equity.

Frequently Asked Questions

How much did Shivam Dube pay for the apartments in DLH Enclave?

Shivam Dube paid a reported sum of ₹27.5 crore for the two apartments in DLH Enclave, Andheri West, Mumbai.

What is the total area of the two apartments?

The combined area of the two properties measures approximately 9,603 sq ft, including 4,200 sq ft of internal carpet area and 3,800 sq ft of terrace and balcony space.

Who is the real estate developer of DLH Enclave?

DLH Enclave is developed by Dev Land and Housing Limited, a Mumbai-based real estate developer known for several premium residential projects in the city.

What makes DLH Enclave a desirable location for high-net-worth individuals?

DLH Enclave is situated in the sought-after Oshiwara micro-market of Andheri West, offering panoramic views of nearby mangroves and a vibrant commercial and social infrastructure.

How does Shivam Dube's purchase reflect the trend in Mumbai's luxury real estate market?

Shivam Dube's purchase reflects the growing trend of sports professionals and high-net-worth individuals investing in Mumbai’s luxury real estate market as a stable and symbolic investment destination, emphasizing luxury, livability, and sustainability.