Sanjay Mishra Buys Rs. 4.75 Cr Sea-View Flat in Madh Island

Bollywood actor Sanjay Mishra has purchased a premium sea-view apartment in Mumbai’s Madh Island for Rs. 4.75 crore, according to property registration documents accessed by Zapkey.

The apartment is located on the 15th floor of the Raheja Exotica Cyprus building and spans 1,701 sq. ft. of RERA carpet area with an additional 201 sq. ft. deck, taking the total to over 1,900 sq. ft. Mishra paid Rs. 28.50 lakh in stamp duty and Rs. 30,000 in registration fees, with the transaction officially registered on July 11, 2025.

Key Highlights

• Sanjay Mishra buys 15th-floor sea-view apartment for Rs. 4.75 crore
• Property prices in Madh Island have doubled to Rs. 30,000 per sq. ft
• Planned Versova-Madh bridge and Bandra-Versova Sea Link driving demand

Mishra joins playback singer Jubin Nautiyal, who purchased a 34th-floor four-bedroom apartment in the same building for Rs. 4.94 crore in December 2024, underlining the area’s growing appeal among Bollywood celebrities.

Madh Island, located in Malad and neighbouring Versova, has witnessed a surge in property demand, with prices nearly doubling in recent years to about Rs. 30,000 per sq. ft. The growth is largely attributed to upcoming infrastructure projects, including a planned road bridge connecting Madh Island to Versova and the Bandra-Versova Sea Link, part of the Mumbai Coastal Road project.

Also Read: Bollywood icon Hema Malini sells two Oshiwara apartments

The locality is becoming a preferred residential destination for film and television personalities, with actors like Kartik Aryan, Ronit Roy, Vivek Agnihotri, and Ayushmann Khurrana owning homes nearby. Real estate experts expect the area’s popularity and capital values to rise further as infrastructure upgrades improve connectivity.