Sushmita Sen Leases Goregaon Flat for Rs. 73.76 Lakh

Sushmita Sen and her mother Subhra Sen have leased out their apartment in Goregaon East, Mumbai, for a total rental value of ₹73.76 lakh over a three-year term, according to property registration documents reviewed by Square Yards.

The apartment is located on the 12th floor of Oberoi Exquisite, situated along the Western Express Highway (WEH) in Goregaon. The unit measures 1,241 sq ft and comes with two parking spaces. The lease agreement was officially registered on February 26, 2026, with a stamp duty of ₹18,900 and a registration fee of ₹1,000 paid.

Key Highlights

• Sushmita Sen’s Goregaon apartment leased for ₹73.76 lakh over 3 years
• Subhra Sen invested ₹16.89 crore in two Oberoi Elysian luxury flats in 2025
• Goregaon continues to rise as a premium residential and rental hotspot in Mumbai

As per Square Yards’ analysis, the lease tenure is 36 months. The starting monthly rent is ₹1.95 lakh in the first year, rising 5% to ₹2.04 lakh in the second year, and increasing by another 5% to ₹2.14 lakh in the third year. The tenant, Pooja Yeole, has also provided a ₹6 lakh security deposit. Neither the Sensus nor Yeole were available for comment.

This development follows Subhra Sen’s recent real estate investments in Mumbai. In November 2025, she purchased two luxury apartments in Oberoi Elysian, a project by Oberoi Realty, for a combined ₹16.89 crore.

Also Read: Bollywood Actor Salman Khan sells his Apartment for Rs. 5.35 crore in Mumbai: Square Yards

The first apartment was acquired for ₹8.40 crore, featuring a RERA carpet area of 163.59 sq. m. (1,760 sq ft) and one parking space. The transaction involved ₹42.02 lakh in stamp duty and ₹30,000 registration charges. The second apartment, valued at ₹8.49 crore, has the same carpet area and parking provision, with ₹42.49 lakh stamp duty and ₹30,000 registration charges paid.

Goregaon remains a prime residential destination due to its connectivity via Western Express Highway, SV Road, Western Railway Line, and Mumbai Metro, along with proximity to business hubs such as Andheri, Malad, and Bandra Kurla Complex (BKC).

Also Read: Kolkata Apartment Registrations Jump 41% in 2025: Knight Frank

Commercial centers like NESCO IT Park, Mindspace Malad, and Film City further enhance its appeal among corporate professionals and members of the entertainment industry.

Source: HT RealEstate

Market Context, Statistics & Insights

• According to Knight Frank India, Mumbai’s luxury housing segment (₹5 crore+) recorded a 20–25% year-on-year growth in transactions in 2025, reflecting sustained high-net-worth demand.
• Anarock reports that Western suburbs, including Goregaon, have seen 8–12% annual rental appreciation due to metro connectivity and Grade-A commercial hubs.
• Oberoi Realty reported strong sales momentum in its premium projects across Goregaon and Borivali in FY2025, reflecting growing demand for branded residences.
• Industry analysts note that celebrity-linked property transactions often influence micro-market visibility and investor sentiment in suburban luxury corridors.