Playback singer Shreya Ghoshal, along with her family members Sarmistha Ghoshal and Bishwajit Ghoshal, has purchased a luxury apartment in Santacruz West, Mumbai, for ₹20.88 crore. Property registration documents accessed by CRE Matrix confirm the transaction.
This acquisition marks the third property purchase by the Ghoshal family within the last three months. Earlier this month, they bought two luxury apartments in Worli for nearly ₹60 crore, according to registration records.
Deal Details
The newly acquired apartment is located in the Vaayu building on Sarojini Road. The seller for the transaction is Aum Developers Realty.
The apartment is on a higher floor and offers a carpet area of 2,601 sq ft, plus a 299 sq ft balcony. This brings the total usable space to approximately 2,900 sq ft, making it a spacious, premium residence in one of the city’s established suburban pockets.
The deal was officially registered on April 24, 2026. The buyers paid a stamp duty of ₹1.25 crore as part of the transaction. The purchase also includes three dedicated car parking spaces, which add significant value in a dense urban market like Mumbai.
Redevelopment Project in a Prime Suburban Neighbourhood
The project is a redevelopment of the Sukhada building. Across Mumbai, developers are replacing aging residential structures with modern, amenity-rich developments, reflecting a broader market trend.
Developers are transforming the site into a contemporary residential project designed to meet evolving urban lifestyle needs. This is done with improved layouts, upgraded infrastructure, and enhanced safety standards. Located in the well-established suburb of Santacruz West, the redevelopment benefits from strong social infrastructure and excellent connectivity. It also sees sustained demand for premium housing in the area.
Such redevelopment projects continue to reshape Mumbai’s suburban landscape, unlocking higher property value while offering residents upgraded living environments in familiar neighbourhoods.
Recent Transactions
Mumbai is witnessing strong redevelopment activity, with high-profile buyers fuelling demand for premium homes in prime areas. In a recent transaction, Bollywood actor Preity Zinta sold an apartment in Mumbai’s upscale Pali Hill area of Bandra for ₹18.5 crore following redevelopment.
In another transaction, Shah Rukh Khan’s manager, Pooja Gurnani, along with her husband, Hitesh Prakash Gurnani, and family, acquired three premium apartments in Bandra, Mumbai.
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