{"id":1728,"date":"2025-12-10T11:58:52","date_gmt":"2025-12-10T06:28:52","guid":{"rendered":"https:\/\/simplease.in\/blog\/?p=1728"},"modified":"2025-12-10T12:45:05","modified_gmt":"2025-12-10T07:15:05","slug":"sushmita-sens-mother-buy-sonu-nigam-lease-wipro-expansion","status":"publish","type":"post","link":"https:\/\/simplease.in\/blog\/?p=1728","title":{"rendered":"Sushmita Sen\u2019s mother buy, Sonu Nigam lease &#038; Wipro expansion"},"content":{"rendered":"<div>\n<p data-start=\"341\" data-end=\"482\">From Sushmita Sen\u2019s mother buying two flats to Sonu Nigam\u2019s BKC lease and Kartik Aaryan\u2019s office purchase, Mumbai sees major property action.<\/p>\n<h3 data-start=\"877\" data-end=\"953\"><strong data-start=\"880\" data-end=\"953\">1. Sushmita Sen\u2019s mother buys two flats worth nearly \u20b917 cr in Mumbai<\/strong><\/h3>\n<ul data-start=\"955\" data-end=\"1406\">\n<li data-start=\"955\" data-end=\"1085\">\n<p data-start=\"957\" data-end=\"1085\">The apartments priced at \u20b98.40 cr &amp; \u20b98.49 cr, have a RERA carpet area of 1,760 sq ft each &amp; coming with one parking space each<\/p>\n<\/li>\n<li data-start=\"1086\" data-end=\"1196\">\n<p data-start=\"1088\" data-end=\"1196\">Subhra Sen is an Indian jewellery designer and the mother of actress and former Miss Universe Sushmita Sen<\/p>\n<\/li>\n<li data-start=\"1197\" data-end=\"1309\">\n<p data-start=\"1199\" data-end=\"1309\">Elysian by Oberoi Realty has recorded 172 sale registrations with a total transaction value of Rs. 1,715 crs<\/p>\n<\/li>\n<li data-start=\"1310\" data-end=\"1406\">\n<p data-start=\"1312\" data-end=\"1406\">Subhra Sen, has purchased the apartments in Oberoi Realty\u2019s Elysian project in Goregaon East<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"1413\" data-end=\"1508\"><strong data-start=\"1416\" data-end=\"1508\">2. Sonu Nigam leases his 4,257 sq ft Mumbai property near BKC for \u20b912 cr over five years<\/strong><\/h3>\n<ul data-start=\"1510\" data-end=\"1918\">\n<li data-start=\"1510\" data-end=\"1590\">\n<p data-start=\"1512\" data-end=\"1590\">The office is located in Mumbai\u2019s Santacruz, building named Trade Centre BKC<\/p>\n<\/li>\n<li data-start=\"1591\" data-end=\"1681\">\n<p data-start=\"1593\" data-end=\"1681\">The property has been leased to Pattni Hospitality, operator of Downtown 29 caf\u00e9 &amp; bar<\/p>\n<\/li>\n<li data-start=\"1682\" data-end=\"1822\">\n<p data-start=\"1684\" data-end=\"1822\">From Year 2 onward, rent increases 5% annually, reaching \u20b921 lakh, \u20b922.05 lakh, and \u20b923.15 lakh in the 3rd, 4th &amp; 5th years respectively<\/p>\n<\/li>\n<li data-start=\"1823\" data-end=\"1918\">\n<p data-start=\"1825\" data-end=\"1918\">The first-year rent is \u20b919 lakh\/month, rising to \u20b920 lakh in Year 2 with a 5.26% escalation<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"1925\" data-end=\"2008\"><strong data-start=\"1928\" data-end=\"2008\">3. Kartik Aaryan&#8217;s family expands real estate portfolio with \u20b910 cr purchase<\/strong><\/h3>\n<ul data-start=\"2010\" data-end=\"2424\">\n<li data-start=\"2010\" data-end=\"2121\">\n<p data-start=\"2012\" data-end=\"2121\">In September 2025, Kartik Aaryan and his parents bought an office space in Andheri West, Mumbai, for \u20b913 cr<\/p>\n<\/li>\n<li data-start=\"2122\" data-end=\"2239\">\n<p data-start=\"2124\" data-end=\"2239\">The office spans 1,228 sq ft and is located on the first floor of Notan House in the JVPD area of Vile Parle West<\/p>\n<\/li>\n<li data-start=\"2240\" data-end=\"2323\">\n<p data-start=\"2242\" data-end=\"2323\">The seller was Notan House Pvt Ltd and the sale included two car parking spaces<\/p>\n<\/li>\n<li data-start=\"2324\" data-end=\"2424\">\n<p data-start=\"2326\" data-end=\"2424\">Kartik Aaryan\u2019s parents, Mala Tiwari and Manish Tiwari, have purchased an office space in Mumbai<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"2431\" data-end=\"2512\"><strong data-start=\"2434\" data-end=\"2512\">4. Mumbai property registrations hit all-time high in November, up 20% YoY<\/strong><\/h3>\n<ul data-start=\"2514\" data-end=\"2998\">\n<li data-start=\"2514\" data-end=\"2643\">\n<p data-start=\"2516\" data-end=\"2643\">Luxury housing share rose 7%, the &lt;\u20b91 cr segment declined, the \u20b91\u20132 cr category increased 33% &amp; \u20b92\u20135 cr bracket stayed stable<\/p>\n<\/li>\n<li data-start=\"2644\" data-end=\"2765\">\n<p data-start=\"2646\" data-end=\"2765\">Mumbai recorded 135,807+ registrations in the first 11 months of 2025, contributing \u20b912,224 cr to the state exchequer<\/p>\n<\/li>\n<li data-start=\"2766\" data-end=\"2879\">\n<p data-start=\"2768\" data-end=\"2879\">Property registrations rose 5% MoM, residential properties accounted for 80% of all registrations in November<\/p>\n<\/li>\n<li data-start=\"2880\" data-end=\"2998\">\n<p data-start=\"2882\" data-end=\"2998\">12,219 property registrations were recorded and stamp duty collection for the month stood at \u20b91,038 cr, up 12% YoY<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"3005\" data-end=\"3086\"><strong data-start=\"3008\" data-end=\"3086\">5. Sanjali Bajaj purchases a luxury apartment in Mumbai\u2019s Worli for \u20b966 cr<\/strong><\/h3>\n<ul data-start=\"3088\" data-end=\"3501\">\n<li data-start=\"3088\" data-end=\"3178\">\n<p data-start=\"3090\" data-end=\"3178\">The deal includes four car parking spaces, purchased at a rate of \u20b91.20 lakh per sq ft<\/p>\n<\/li>\n<li data-start=\"3179\" data-end=\"3315\">\n<p data-start=\"3181\" data-end=\"3315\">The apartment is located on 5th floor of Prime Ceejay Residency in Worli, spanning 5,551 sq ft, with an additional 430 sq ft balcony<\/p>\n<\/li>\n<li data-start=\"3316\" data-end=\"3411\">\n<p data-start=\"3318\" data-end=\"3411\">Sanjali previously bought a 3,000+ sq ft sea-view apartment in Mahalaxmi for \u20b928 cr in 2022<\/p>\n<\/li>\n<li data-start=\"3412\" data-end=\"3501\">\n<p data-start=\"3414\" data-end=\"3501\">The Bajaj family collectively bought \u20b9104 cr worth of sea-facing homes that same year<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"3508\" data-end=\"3607\"><strong data-start=\"3511\" data-end=\"3607\">6. Housing sales in India&#8217;s top 15 tier-2 cities fell by 4% YoY, sales value increased by 4%<\/strong><\/h3>\n<ul data-start=\"3609\" data-end=\"4054\">\n<li data-start=\"3609\" data-end=\"3684\">\n<p data-start=\"3611\" data-end=\"3684\">Ahmedabad remained the top market in both sales and launches in Q3 2025<\/p>\n<\/li>\n<li data-start=\"3685\" data-end=\"3802\">\n<p data-start=\"3687\" data-end=\"3802\">Bhubaneshwar witnessing the maximum decline at 26% while Trivandrum experienced the strongest sales growth at 19%<\/p>\n<\/li>\n<li data-start=\"3803\" data-end=\"3945\">\n<p data-start=\"3805\" data-end=\"3945\">Housing sales in India\u2019s top 15 tier-2 cities fell by 4% YoY to 39,201 units in Q3 2025, even as the sales value rose by 4% to \u20b937,409 crs<\/p>\n<\/li>\n<li data-start=\"3946\" data-end=\"4054\">\n<p data-start=\"3948\" data-end=\"4054\">Northern India, comprising Lucknow, Mohali and Jaipur, saw a 16% YoY and 7% QoQ rise in sales in Q3 2025<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"4061\" data-end=\"4164\"><strong data-start=\"4064\" data-end=\"4164\">7. WeWork leases 1.75 lakh sq ft office space in Hyderabad; sub-leases entire space to JP Morgan<\/strong><\/h3>\n<ul data-start=\"4166\" data-end=\"4591\">\n<li data-start=\"4166\" data-end=\"4299\">\n<p data-start=\"4168\" data-end=\"4299\">In one of the largest deals in Hyderabad market, WeWork India has leased 1.75 lakh sq ft space at Skyview 20, a Grade-A tech park<\/p>\n<\/li>\n<li data-start=\"4300\" data-end=\"4397\">\n<p data-start=\"4302\" data-end=\"4397\">JP Morgan will pay a starting monthly rent of \u20b94.38 cr under the 60-month sub-lease agreement<\/p>\n<\/li>\n<li data-start=\"4398\" data-end=\"4482\">\n<p data-start=\"4400\" data-end=\"4482\">WeWork therafter sub-leased the entire space to JP Morgan Services India Pvt Ltd<\/p>\n<\/li>\n<li data-start=\"4483\" data-end=\"4591\">\n<p data-start=\"4485\" data-end=\"4591\">The lease is for five years, with a starting monthly rent of \u20b91 cr paid to Mahanga Commercial Properties<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"4598\" data-end=\"4700\"><strong data-start=\"4601\" data-end=\"4700\">8. Godrej Properties acquires 5-acre Hyderabad plot; to build \u20b94,150 cr premium housing project<\/strong><\/h3>\n<ul data-start=\"4702\" data-end=\"5181\">\n<li data-start=\"4702\" data-end=\"4801\">\n<p data-start=\"4704\" data-end=\"4801\">The land is acquired through an HMDA e-auction and is located in Neopolis, Kokapet in Hyderabad<\/p>\n<\/li>\n<li data-start=\"4802\" data-end=\"4923\">\n<p data-start=\"4804\" data-end=\"4923\">The proposed project will feature a premium residential development with an estimated saleable area of 2.5 mn sq. ft.<\/p>\n<\/li>\n<li data-start=\"4924\" data-end=\"5042\">\n<p data-start=\"4926\" data-end=\"5042\">Hyderabad has emerged as one of Godrej Properties fastest-growing markets, with sales upwards of \u20b92,600 cr in 2025<\/p>\n<\/li>\n<li data-start=\"5043\" data-end=\"5181\">\n<p data-start=\"5045\" data-end=\"5181\">Godrej Properties emerged as the highest bidder for the parcel in an auction conducted by Hyderabad Metropolitan Development Authority<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"5188\" data-end=\"5274\"><strong data-start=\"5191\" data-end=\"5274\">9. Smartworks leases around 1.68 lakh sq ft of office space to Wipro in Kolkata<\/strong><\/h3>\n<ul data-start=\"5276\" data-end=\"5654\">\n<li data-start=\"5276\" data-end=\"5389\">\n<p data-start=\"5278\" data-end=\"5389\">Smartworks currently manages a portfolio of 14 mn sq ft across 61 centres in 14 cities in India and Singapore<\/p>\n<\/li>\n<li data-start=\"5390\" data-end=\"5489\">\n<p data-start=\"5392\" data-end=\"5489\">Both campuses are located in Salt Lake City, Sector V, a key commercial micro market in Kolkata<\/p>\n<\/li>\n<li data-start=\"5490\" data-end=\"5589\">\n<p data-start=\"5492\" data-end=\"5589\">The IT major\u2019s new office is spread across two Smartworks campuses, Victoria Park and Mediasiti<\/p>\n<\/li>\n<li data-start=\"5590\" data-end=\"5654\">\n<p data-start=\"5592\" data-end=\"5654\">JLL India acted as the advisory partner for this transaction<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<h3 data-start=\"5661\" data-end=\"5748\"><strong data-start=\"5664\" data-end=\"5748\">10. Brokerage firm Sharekhan Ltd sells office space in Mumbai&#8217;s Dadar for \u20b945 cr<\/strong><\/h3>\n<ul data-start=\"5750\" data-end=\"6240\">\n<li data-start=\"5750\" data-end=\"5880\">\n<p data-start=\"5752\" data-end=\"5880\">The office space is in the building \u201cThe Ruby\u201d which is a 20-storey commercial tower in Mumbai\u2019s prime Dadar business corridor<\/p>\n<\/li>\n<li data-start=\"5881\" data-end=\"5994\">\n<p data-start=\"5883\" data-end=\"5994\">The buyer of the office space is DE-Max Fincap Advisors Pvt Ltd which already operates from the same building<\/p>\n<\/li>\n<li data-start=\"5995\" data-end=\"6119\">\n<p data-start=\"5997\" data-end=\"6119\">The office spans 11,820 sq ft carpet area, includes 20 parking spaces and is located on the 18th floor (South West Wing)<\/p>\n<\/li>\n<li data-start=\"6120\" data-end=\"6240\">\n<p data-start=\"6122\" data-end=\"6240\">The company originally purchased the property in November 2010 for over \u20b931 cr, marking 42% appreciation in 15 years<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<div>\n<h3 data-start=\"4651\" data-end=\"4669\"><strong data-start=\"4653\" data-end=\"4667\">Conclusion<\/strong><\/h3>\n<p data-start=\"6265\" data-end=\"6843\">Mumbai and India\u2019s br oader real estate landscape continue to show strong momentum driven by luxury purchases, rising corporate leasing, and record registration numbers. With prominent personalities like Sushmita Sen\u2019s family, Sanjali Bajaj and Kartik Aaryan investing in multi-crore assets\u2014and companies like JP Morgan, Wipro, and WeWork expanding operations, the sector reflects ongoing confidence and sustained demand. As developers undertake large-scale projects and Tier-2 markets show resilient value growth, India\u2019s real estate sector remains on a solid upward trajectory.<\/p>\n<hr \/>\n<p>Visit\u00a0<a href=\"https:\/\/simplease.in\/\">Simplease<\/a>\u00a0for property management services.<\/p>\n<p>Speak with our experts at +91\u201184 48 802 803<\/p>\n<p>Email us at info@simplease.in<\/p>\n<p>Follow us for more insights on real estate \u2013<\/p>\n<p><img decoding=\"async\" class=\"\" src=\"https:\/\/ichef.bbci.co.uk\/ace\/standard\/976\/cpsprodpb\/E802\/production\/_89649395_instagram_logo_976.jpg\" alt=\"Instagram launches a new logo - a 'simpler camera' - BBC News\" width=\"25\" height=\"14\" \/>\u2013\u00a0<a href=\"https:\/\/www.instagram.com\/simplease_in?igsh=MWkxZDgzdXM0a25vZw==\">simplease_in<\/a><\/p>\n<p><img decoding=\"async\" class=\"\" src=\"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/8\/81\/LinkedIn_icon.svg\/1024px-LinkedIn_icon.svg.png\" alt=\"File:LinkedIn icon.svg - Wikimedia Commons\" width=\"14\" height=\"14\" \/>\u00a0\u2013\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/simplease-india\/?viewAsMember=true\">simplease<\/a><\/p>\n<p><img decoding=\"async\" class=\"\" src=\"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/e\/ef\/Youtube_logo.png\" alt=\"File:Youtube logo.png - Wikimedia Commons\" width=\"17\" height=\"12\" \/>\u00a0\u2013\u00a0<a href=\"https:\/\/youtube.com\/@simplease765?si=lUOIIm3mKTcWmDX5\">Simplease<br \/>\n<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>From Sushmita Sen\u2019s mother buying two flats to Sonu Nigam\u2019s BKC lease and Kartik Aaryan\u2019s office purchase, Mumbai sees major property action. 1. Sushmita Sen\u2019s mother buys two flats worth nearly \u20b917 cr in Mumbai The apartments priced at \u20b98.40 cr &amp; \u20b98.49 cr, have a RERA carpet area of 1,760 sq ft each &amp; [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1741,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99],"tags":[],"class_list":["post-1728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-weeklynewstracker"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sushmita Sen\u2019s mother buy, Sonu Nigam lease &amp; Wipro expansion<\/title>\n<meta name=\"description\" content=\"From Sushmita Sen\u2019s mother buying two flats to Sonu Nigam\u2019s BKC lease and Kartik Aaryan\u2019s office purchase, Mumbai sees major property action.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/simplease.in\/blog\/?p=1728\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sushmita Sen\u2019s mother buy, Sonu Nigam lease &amp; 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