Bollywood Star Sanjay Mishra Splurges ₹4.75 Crore on Madh Island Sea-View Haven

Veteran actor Sanjay Mishra has made headlines by acquiring a luxurious sea-view apartment in Mumbai's upscale Madh Island for ₹4.75 crore, according to property registration records. The transaction, completed in July 2025, positions the acclaimed actor as a neighbor to popular playback singer Jubin Nautiyal in the same premium residential complex.

Premium Property Purchase Details

Property documents reveal that Mishra invested in a spacious 15th-floor apartment at Raheja Exotica Cyprus, spanning 1,701 square feet of RERA carpet area plus an additional 201 square feet deck space, totaling over 1,900 square feet. The actor paid ₹28.50 lakh in stamp duty and ₹30,000 as registration fee for this coveted sea-facing property.

Star-Studded Neighborhood

The acquisition places Mishra in an elite celebrity enclave where singer Jubin Nautiyal already owns a 4-bedroom apartment on the 34th floor, purchased in December 2024 for approximately ₹4.94 crore. The Versova-Madh Island corridor has emerged as a preferred destination for Bollywood personalities, with residents including prominent Mumbai celebrities such as Kartik Aaryan, Pankaj Tripathi, Archana Puran Singh, and filmmaker Vivek Agnihotri.

Market Surge in Prime Location

Real estate experts indicate that Madh Island has witnessed remarkable appreciation, with property rates nearly doubling in recent years to approximately ₹30,000 per square foot. This growth trajectory aligns with broader Mumbai suburbs real estate boom trends observed across the metropolitan region.

Infrastructure Development Catalyst

The area's growing appeal is significantly bolstered by upcoming infrastructure projects, including the proposed Versova-Madh bridge and the Bandra-Versova Sea Link, which forms part of Mumbai's ambitious Coastal Road project. These developments are expected to enhance connectivity and further drive property values in the region.

Celebrity Investment Trend

Mishra's purchase reflects the continuing trend of ultra-luxury real estate investments by entertainment industry personalities. The transaction underscores Madh Island's transformation into a prestigious residential destination that offers luxury living with privacy while maintaining reasonable proximity to central Mumbai.

The deal reinforces the area's status as a sought-after enclave for high-net-worth individuals seeking scenic waterfront properties combined with modern amenities and exclusive community living. This premium location continues to attract discerning buyers who value both investment potential and lifestyle benefits.