Sushmita Sen's Mother Acquires Two Luxury Apartments Worth ₹16.89 Crore at Oberoi Realty's Elysian Tower in Goregaon East

In a significant high-value property transaction in Mumbai's suburban luxury real estate segment, jewellery designer Subhra Sen, mother of actress Sushmita Sen, has reportedly acquired two premium residential units at the Elysian tower in Goregaon East for a combined consideration of ₹16.89 crore.

According to property registration documents, the purchase involves two apartments located within Oberoi Garden City, a self-sustained township developed by Oberoi Realty. Industry sources indicate that both units are situated on the same floor, suggesting a potential combined usage strategy or long-term investment approach. This transaction adds to the growing trend of celebrity-linked luxury property deals in Mumbai.

Transaction Details at a Glance

Goregaon East Emerges as Premium Residential Destination

Goregaon East has witnessed substantial appreciation in property values over recent years, emerging as a prime residential destination in Mumbai. The locality benefits from excellent road and rail connectivity via the Western Express Highway, Jogeshwari-Vikhroli Link Road, and Goregaon railway station. Real estate analysts note that Mumbai's western suburbs continue to attract significant real estate development due to their strategic location and infrastructure advantages.

The area's proximity to major commercial hubs including Andheri, Powai, and Bandra Kurla Complex has made it attractive for both end-users and investors. Infrastructure developments such as metro expansion projects and the upcoming Goregaon-Mulund Link Road are expected to further enhance connectivity and property values in the region.

About Elysian by Oberoi Realty

The Elysian tower is part of Oberoi Garden City, which offers a comprehensive township living experience with modern amenities and lifestyle facilities. According to market data, the project has recorded approximately 172 registered units with a total registered value exceeding ₹1,715 crore. This underscores the strong demand for premium Oberoi Realty projects across the Mumbai Metropolitan Region.

The developer has established a reputation for delivering quality residential and commercial projects that appeal to high-net-worth individuals seeking premium living environments. Notably, Bollywood actor Abhishek Bachchan recently acquired multiple units in another Oberoi Realty project, reflecting the brand's appeal among celebrity buyers.

Market Implications and Investment Trends

Real estate industry experts view this transaction as indicative of growing investor confidence in suburban luxury properties. The acquisition reflects several emerging trends in Mumbai's evolving real estate market:

Firstly, there is increased interest in suburban luxury developments, with buyers increasingly favouring locations that offer space, modern amenities, and infrastructure connectivity over traditional central Mumbai addresses. The ultra-luxury segment in Mumbai continues to witness robust activity, driven by both domestic and NRI buyers.

Secondly, premium pricing in emerging suburban corridors now rivals certain central locations, indicating the upward trajectory of these markets. Industry analysts suggest that strategic investment in Mumbai's emerging real estate hotspots can yield significant long-term appreciation.

Thirdly, celebrity and high-profile transactions continue to influence aspirational buying patterns and draw attention to specific projects and locations. Similar to this transaction, actress Taapsee Pannu recently invested in a luxury apartment in Goregaon West, further validating the suburb's premium residential appeal.

Understanding Stamp Duty and Registration

The total stamp duty paid for both units amounted to ₹84.51 lakh, with registration charges of ₹60,000. Prospective homebuyers in Maharashtra should familiarise themselves with the comprehensive stamp duty and registration framework to plan their property acquisitions effectively. The ready reckoner rates in Maharashtra serve as the basis for calculating these statutory charges.

Expert Outlook

Real estate experts suggest that the Goregaon East corridor is expected to continue attracting high-value buyers seeking branded residences with comprehensive amenities. The combination of infrastructure upgrades, consistent developer activity, and proximity to employment centres positions the suburb favourably for sustained appreciation. Those considering property investments should review essential factors before making real estate investment decisions.

With Mumbai's luxury real estate segment continuing to boost government revenues, high-value transactions like this underscore the resilience and attractiveness of the city's premium property market.

Disclaimer: This news article is intended for informational purposes only. Readers are advised to verify all property-related information independently through official sources before making any investment decisions. Property transactions involve legal and financial considerations that warrant consultation with qualified professionals including legal advisors, financial consultants, and registered real estate agents. Ghar.tv does not guarantee the accuracy, completeness, or reliability of the information presented and shall not be held liable for any decisions made based on this content.