By Team Homes | Wednesday, 31 July 2024

Playback Singer Sonu Nigam sells out Commercial Property of Rs.7 crore in Mumbai

One of the most versatile playback singers of India Sonu Nigam has recently sold a commercial property worth Rs.7crore in Andheri West area of Mumbai. The documents of the property deal was accessed by Propstack.

The document also noted that, the commercial property, located on Dattaji Salve Marg in Andheri West in Mumbai, measures 2,131 square feet (sqft) with the per sqft rate being Rs.32,848. The commercial space, which was sold to two Delhi-based individual buyers, comes with two car parking slots, documents showed. The sale deed was registered on June 28, 2024. 

Prior to this deal, this year Sonu Nigam’s father Agam Kumar Nigam had purchased a luxury property in Mumbai's posh Versova for Rs. 12 crore. During last year April Sonu Nigam had purchased two commercial properties spread across an area of 5,547 sq ft in Andheri for Rs. 11.37 crore.

Apart from this big ticket deals, several more were signed by Amitabh Bachchan, Kajol, Sara Ali Khan, Karishma Kapoor, Ajay Devgn, and Kartik Aryan, among others. They have invested in commercial real estate to earn high rental yields.

During January, young blooming cricketer Yashasvi Jaiswal has acquired a Rs.5.38 crore apartment in BKC project at Bandra East in Mumbai.

Mavjibhai Shamjibhai Patel, the founder of Kiran Gems diamond company, acquired a luxurious apartment in Mumbai's esteemed Oberoi 360 West for Rs. 97.4 crore during April 2024.

Additionally, Anil Gupta - Chairman and Managing Director of Wellknown Polyesters Ltd., purchased two high-end apartments worth Rs.270 crores at Macrotech Developers' upcoming Lodha Malabar project situated in Southern Mumbai during the same month .