Now Reading: Sonu Nigam buys 258 sq ft Andheri office for Rs 1 crore
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Sonu Nigam buys 258 sq ft Andheri office for Rs 1 crore
Singer Sonu Nigam has bought a 258 sq ft office space in Mumbai's Andheri West for Rs 1 crore, according to property registration documents accessed by CRE Matrix. The deal, registered on…
The Story in Brief
Singer Sonu Nigam has bought a 258 sq ft office space in Mumbai's Andheri West for Rs 1 crore, according to property registration documents accessed by CRE Matrix. The deal, registered on August 6, 2026, works out to about Rs 38,710 per sq ft. Nigam paid Rs 6 lakh in stamp duty and a Rs 30,000 registration fee, taking the total disclosed cost to Rs 1.06 crore.
The seller was Singular Health Private Limited. Nigam has executed several property deals in the past two years, including selling 1.067 hectares in Karjat for Rs 95 lakh in May 2026 and leasing a 4,257 sq ft office in Santacruz East for five years at a total rent of over Rs 12.61 crore in 2025.
The Indian Opinion
Celebrity property buys make headlines, but the numbers here invite a second look. Rs 38,710 per sq ft in Andheri West, registered six months ago, is hardly a distress buy, and yet some narratives paint this as a sign of Mumbai real estate cooling. Nigam has been actively buying and selling land parcels in Karjat for crores, and leasing offices in Santacruz for Rs 12.6 crore. The test to watch is whether comparable transactions in Andheri West this quarter close at similar or sharply different rates.
Source: hindustantimes.com
This story was synthesised by AI from the source linked above.
