Sonu Nigam sells 3,082 sq ft commercial property in Mumbai’s BKC for Rs 18 crore, earns Rs 3.70 crore profit nearly three years after buying it for Rs 14.30 crore

Image from Picsum Photos (Free for commercial use)

Image from Picsum Photos (Free for commercial use)

Image from Picsum Photos (Free for commercial use)

Sonu Nigam Secures Rs 3.70 Crore Profit in Premium Mumbai Real Estate Sale

Renowned playback singer Sonu Nigam has finalized a major commercial real estate transaction in Mumbai’s prime business hub, Bandra Kurla Complex (BKC). The acclaimed musician successfully sold his commercial property for Rs 18 crore, securing a substantial return on his initial real estate investment.

According to official property registration documents analyzed by real estate data analytics firm CRE Matrix, the transaction involves a commercial office unit measuring 3,082 sq ft. The property is situated in one of the most commercially valuable locations in the city.

Sonu Nigam had originally purchased the space in November 2023 for a sum of Rs 14.30 crore. The recent sale yields an impressive profit margin of Rs 3.70 crore nearly three years after the initial purchase was executed.

The deal reflects the strong market performance and rising property valuations within Mumbai’s Bandra Kurla Complex, which continues to be a premier destination for corporate real estate investments and high-profile property holdings.

Key Points

• Singer Sonu Nigam sold a commercial property in Mumbai’s BKC for Rs 18 crore.
• The office space encompasses a total area of 3,082 sq ft.
• The deal yielded a total profit of Rs 3.70 crore over the initial purchase cost of Rs 14.30 crore.
• The property was originally acquired in November 2023.
• Transaction details were uncovered through real estate data provider CRE Matrix.