Sonu Nigam’s Santacruz Property Leased for ₹19 Lakh/Month

Bollywood singer Sonu Nigam has finalized a major real estate deal by leasing out his commercial property in Santacruz East, Mumbai, at a staggering ₹19 lakh per month, placing it among the city’s highest-value rental agreements this year.

The agreement, structured as a five-year lease, is projected to generate more than ₹12 crore in passive rental income for the celebrated singer, highlighting the rising demand and value of premium commercial spaces in Mumbai’s western suburbs.

The Santacruz East commercial unit, located in one of the Mumbai’s busiest business corridors, has seen growing interest from corporates due to its connectivity to the Mumbai Airport, Western Express Highway, and prominent residential neighbourhoods. Sonu Nigam’s long-term lease underscores the rising preference for ready, high-footfall commercial properties in the post-pandemic business cycle.

Industry experts say the deal reflects the strengthened momentum in Mumbai’s office leasing market, where premium spaces are commanding higher rents due to limited supply in central suburban zones.

One of the Highest Rental Deals in the Area

While many high-profile properties in Bandra-Kurla Complex (BKC), Andheri, and Bandra often dominate headlines, such a high-value monthly rent in Santacruz East stands out. The ₹19 lakh monthly agreement is being viewed as one of the highest commercial rental deals recorded in the locality in recent years.

Real estate analysts note that celebrity-owned commercial spaces often attract higher visibility and premium clientele, adding more credibility and demand to such transactions.

Sonu Nigam is among a growing list of Bollywood personalities securing substantial passive income through property investments. With rising asset values and stable rental appreciation, real estate has become a preferred category for long-term wealth creation among artists and entertainers.

Bollywood Celebs’ Recent Real Estate Deals

The Mumbai property market has seen several high-value transactions by celebrities in recent months. From luxury home purchases to commercial investments, Bollywood personalities are increasingly expanding their real estate portfolios.

Recent examples include major acquisitions by actors, record-setting rental deals, and strategic investments in both residential and commercial segments. These rising trends underline how real estate continues to be a preferred asset class among India’s top entertainers.