Article by posted on Jan 16, 2025 Playback Singer Jubin Nautiyal Buys Rs. 4.94 Crore Sea-Facing 4 BHK at Raheja Exotica, Madh Island This transaction highlights the ongoing appeal of Mumbai's coastal real estate, particularly in exclusive locations like Madh Island. The purchase by Jubin Nautiyal at Raheja Exotica underscores the growing interest of celebrities in premium sea-facing residences.Key Highlights of the Deal:Buyer: Playback singer Jubin NautiyalProperty: 4 BHK sea-facing apartmentLocation: Raheja Exotica, Madh Island, MumbaiSize: 1,933 sq. ft. + 200 sq. ft. deck areaFloor: 34thPrice: 4.94 croreRate per Sq. Ft.: Rs. 25,578 per sq. ft.Car Parking: Three reserved slotsStamp Duty Paid: Rs. 29 lakhRegistration Fee: Rs. 30,000Seller: Raheja Universal Pvt LtdMadh Island – A Rising Celebrity HubMadh Island has long been a preferred residential and holiday destination for Mumbai’s elite. The Raheja Exotica project, where Nautiyal has invested, is known for its luxury apartments, stunning Arabian Sea views, and premium lifestyle amenities. Other notable Bollywood and TV personalities, including Vikrant Massey, Pankaj Tripathi, and Archana Puran Singh, also own homes in this enclave.Why is Madh Island Gaining Popularity?Serene & Exclusive: Unlike the crowded areas of South Mumbai, Madh Island offers tranquility and privacy, making it ideal for celebrities and high-net-worth individuals.Proximity to Film & TV Industry: Located near Versova and Andheri, Madh Island is accessible yet secluded, allowing professionals from the entertainment industry to stay connected while enjoying peace.Premium Infrastructure & Amenities: Gated luxury communities like Raheja Exotica offer state-of-the-art facilities, landscaped gardens, infinity pools, and beachfront views.Investment Outlook for Madh IslandMadh Island is seeing increasing interest from both end-users and investors, with property prices reflecting its high-value proposition. With limited supply, waterfront access, and celebrity appeal, real estate in this location is expected to appreciate further. AUTHOR