Playback singer Jubin Nautiyal has purchased a luxury 4 BHK apartment in Madh Island for ₹4.94 crore, according to property registration documents. The deal is part of the latest Mumbai real estate news 2024, reflecting growing interest in premium housing among celebrities.
The apartment is located in Raheja Exotica, a well-known residential development by Raheja Universal Pvt Ltd. The project has been attracting several high-profile buyers due to its sea-facing homes and modern amenities.
Apartment Size, Price and Features
As per the documents, the Jubin Nautiyal Madh Island apartment has a carpet area of 1,933 sq ft. It also includes a deck area of more than 200 sq ft, offering a wide sea view. The apartment is located on the 34th floor, making it a premium unit within the building.
The deal was finalised at a rate of ₹25,578 per sq ft. The property also comes with three car parking spaces, which is considered an important feature in Mumbai’s real estate market.
For this purchase, Jubin Nautiyal paid a stamp duty of over ₹29 lakh and a registration fee of ₹30,000. The property was officially registered on December 27, 2024.
Celebrity Presence in the Project
Raheja Exotica Madh Island is becoming a popular choice for celebrities. According to market sources, actors like Vikrant Massey, Pankaj Tripathi, and Archana Puran Singh also own homes in the same project.
Filmmaker and choreographer Farah Khan recently shared a video on her YouTube channel, showing the bungalow of Archana Puran Singh and Parmeet Sethi in Madh Island. This has further increased attention towards the area.
The rising number of such deals highlights a growing trend of celebrity property investment Mumbai, especially in locations that offer both privacy and luxury.
Why Madh Island is Attracting Buyers
Madh Island, located near Malad, is known for its peaceful environment and scenic beauty. Unlike other crowded parts of Mumbai, it offers open spaces and a calm lifestyle, which attracts celebrities and high-income buyers.
A proposed road bridge connecting Madh Island to Versova in Andheri is expected to improve connectivity in the future. This development may also increase property demand and prices in the area.
Nearby locations like Versova are already popular among celebrities. Actors such as Kartik Aaryan, Ronit Roy, Vivek Agnihotri, and Ayushmann Khurrana own properties there.
Madh Island Property Market
According to local brokers, property rates in Madh Island range between ₹25,000 to ₹30,000 per sq ft. This pricing makes it competitive compared to other luxury locations in Mumbai.
The Jubin Nautiyal property Mumbai deal is seen as another sign of the area’s growing popularity. With sea-facing apartments, better future connectivity, and increasing celebrity interest, Madh Island is slowly becoming a preferred destination in Mumbai’s real estate market.
Jubin Nautiyal is also expected to perform at the Mahakumbh 2025, adding to his ongoing public appearances. Queries have been sent to both the singer and the developer, and the story may be updated if a response is received.