Jubin Nautiyal Acquires ₹4.94 Crore Sea-Facing 4 BHK Apartment in Mumbai's Madh Island

Playback singer Jubin Nautiyal has recently acquired a 4 BHK apartment in Mumbai's upscale Madh Island area for ₹4.94 crore. The transaction was confirmed through property registration documents accessed by Zapkey.com.

The apartment, located in the Raheja Exotica building on Madh Island, spans across 1,933 sq ft of living space, with an additional deck area of over 200 sq ft. Situated on the 34th floor, the sea-facing apartment was purchased at a rate of ₹25,578 per square foot. Along with the property, Nautiyal received three designated car parking spaces, as per the registration documents. The total stamp duty paid for the apartment was over ₹29 lakh, and the registration fee was ₹30,000. The deal was registered on December 27, 2024.

The purchase was made from Raheja Universal Pvt Ltd, a well-known real estate developer. Raheja Exotica, the residential complex where the apartment is located, is a popular choice among celebrities, with actors such as Vikrant Massey, Pankaj Tripathi, and Archana Puran Singh reportedly owning homes within the same project. The complex offers luxurious living with scenic views of the sea and well-developed infrastructure.

Nautiyal’s new property reflects a growing trend of celebrities investing in high-end properties in Mumbai, with Madh Island, in particular, becoming a sought-after locality. The location is known for its scenic beauty and proximity to the coast, making it a desirable area for those looking to escape the bustle of central Mumbai while still being within easy reach of the city’s amenities.

In addition to his latest real estate venture, Jubin Nautiyal has been in the spotlight for his performances, with reports indicating that he is expected to perform at the Mahakumbh 2025. His purchase of the apartment on Madh Island aligns with his rising status in the entertainment industry, as more and more Bollywood celebrities are opting for properties in and around the area.

Madh Island, which lies near Malad, is an area that is gradually gaining popularity for luxury real estate investments. The area is also set to see further development with a planned road bridge that will connect Madh Island to Versova in Andheri. This development is expected to further enhance the area's connectivity to the rest of Mumbai, increasing its appeal to investors and property buyers.

In addition to Nautiyal’s acquisition, the area is also home to other well-known figures, including Bollywood actors Kartik Aryan, Ronit Roy, and Ayushmann Khurrana, who own properties in nearby Versova. The property prices in Madh Island currently range between ₹25,000 and ₹30,000 per square foot, according to local brokers.

The acquisition of this apartment by Jubin Nautiyal adds to the growing list of Bollywood celebrities choosing to invest in luxurious residential properties in Mumbai. As more celebrities make this area their home, it further cements Madh Island's status as a preferred destination for high-end real estate in the city.

While the real estate market in Mumbai has always been a competitive one, celebrity purchases like Nautiyal’s are a strong indicator of the continued demand for luxury living spaces in some of the city's most coveted locales. The development of infrastructure and the upcoming bridge project are likely to fuel further demand for real estate in Madh Island, making it an even more attractive option for high-profile buyers in the future.

Image source- facebook.com