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	<title>Lokhandwala property Archives - Square Feat India</title>
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	<title>Lokhandwala property Archives - Square Feat India</title>
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		<title>Sonu Nigam Buys Andheri Office for ₹1 Crore, Property Documents Show</title>
		<link>https://squarefeatindia.com/sonu-nigam-buys-andheri-office-for-%e2%82%b91-crore-property-documents-show/</link>
		
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		<pubDate>Thu, 13 Aug 2026 04:34:57 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[Andheri office]]></category>
		<category><![CDATA[Andheri West property]]></category>
		<category><![CDATA[Aston Building]]></category>
		<category><![CDATA[Celebrity Property Deals]]></category>
		<category><![CDATA[commercial property prices]]></category>
		<category><![CDATA[commercial real estate Mumbai]]></category>
		<category><![CDATA[Lokhandwala property]]></category>
		<category><![CDATA[Mumbai commercial property]]></category>
		<category><![CDATA[Mumbai Property Market]]></category>
		<category><![CDATA[Mumbai Real Estate]]></category>
		<category><![CDATA[Office Space Mumbai]]></category>
		<category><![CDATA[Property Registration Mumbai]]></category>
		<category><![CDATA[Sonu Nigam office]]></category>
		<category><![CDATA[Sonu Nigam property]]></category>
		<category><![CDATA[Sonu Nigam real estate]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=13368</guid>

					<description><![CDATA[<p>Singer Sonu Nigam has bought a 24 sq m Andheri West office for ₹1 crore, with the registered deal implying ₹38,700 per sq ft.</p>
<p>The post <a href="https://squarefeatindia.com/sonu-nigam-buys-andheri-office-for-%e2%82%b91-crore-property-documents-show/">Sonu Nigam Buys Andheri Office for ₹1 Crore, Property Documents Show</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
]]></description>
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<p class="wp-block-paragraph">Playback singer Sonu Nigam has purchased a commercial office unit in Mumbai’s Andheri West for ₹1 crore, according to property registration documents reviewed by SquareFeatIndia provided by  ‘CRE Matrix – A Real Estate Data Analytics Firm.</p>



<p class="wp-block-paragraph">The transaction involves a 24-square-metre carpet-area office on the ground floor of Aston Building, part of Aston Premises Co-operative Society Ltd, in Sundervan Complex on Lokhandwala Road, Andheri West. The agreement for sale was executed on August 6, 2026 and registered with the Joint Sub-Registrar, Mumbai 13 under document number 17920/2026.<br>The purchaser named in the registered agreement is Sonu Agamkumar Nigam, while the seller is Singular Health Private Limited, a Mumbai-based company. The agreement records a total consideration of ₹1 crore for the commercial premises.</p>



<h2 class="wp-block-heading">24 sq m office sold for ₹1 crore</h2>



<p class="wp-block-paragraph">The property measures 24 sq metres in carpet area, equivalent to roughly 258 sq ft.</p>



<p class="wp-block-paragraph">Based on the registered consideration, the transaction works out to approximately ₹38,700 per sq ft of carpet area.</p>



<p class="wp-block-paragraph">The agreement identifies the premises as Office/Unit No. 105A on the ground floor of the building known as Aston, forming part of Aston Premises Co-operative Society Ltd. The property is situated on CTS No. 626/3 (part) of Village Oshiwara, Andheri West, Mumbai.</p>



<p class="wp-block-paragraph">The document also states that the property is being transferred with vacant possession.</p>



<h2 class="wp-block-heading">₹1 crore consideration, ₹6.3 lakh paid in stamp duty and registration charges</h2>



<p class="wp-block-paragraph">The transaction attracted ₹6 lakh in stamp duty and ₹30,000 in registration fees, according to the registration documents.</p>



<p class="wp-block-paragraph">A separate document-handling charge of ₹2,200 was also paid. The pre-registration summary records the market value at ₹94.85597 lakh against the agreement consideration of ₹1 crore.</p>



<p class="wp-block-paragraph">The agreement states that ₹99 lakh was paid to the seller, while ₹1 lakh was deducted as tax deducted at source from the total consideration. A receipt included in the registered document acknowledges receipt of the full ₹1 crore consideration.</p>



<h2 class="wp-block-heading">Seller had acquired the property earlier</h2>



<p class="wp-block-paragraph">The transaction documents indicate that Singular Health Private Limited had acquired rights, title and interest in the office earlier through an agreement involving Parikh Enterprise.</p>



<p class="wp-block-paragraph">The 2026 sale agreement records that the earlier transaction was registered in November 2019 and that Singular Health had subsequently represented itself as the lawful owner of the premises with marketable title.</p>



<p class="wp-block-paragraph">The documents further show that Singular Health’s board of directors approved the sale of the property at a meeting held on June 17, 2026.</p>



<p class="wp-block-paragraph">The board resolution specifically describes the asset as a commercial premises measuring 24 sq metres of carpet area, without parking, and authorises the company’s director to negotiate and complete the sale transaction.</p>



<h2 class="wp-block-heading">Society gives NOC for the sale</h2>



<p class="wp-block-paragraph">The transaction also received a no-objection certificate from Aston Premises Co-operative Society Ltd.</p>



<p class="wp-block-paragraph">In a letter dated July 21, 2026, the society confirmed that it had no objection to Singular Health selling Office Unit No. 105A to Sonu Agamkumar Nigam.</p>



<p class="wp-block-paragraph">The society noted that maintenance bills from April 1, 2026 onwards had not yet been issued and stated that the seller would be responsible for those charges up to the date of execution or registration of the agreement.</p>



<p class="wp-block-paragraph">An earlier letter from Parikh Enterprise dated July 14, 2026 also stated that there were no outstanding maintenance dues for the property up to March 31, 2026.</p>



<h2 class="wp-block-heading">What makes the transaction significant for Mumbai real estate?</h2>



<p class="wp-block-paragraph">The transaction provides another example of the premium commanded by small-format commercial properties in established western Mumbai locations.</p>



<p class="wp-block-paragraph">At approximately 258 sq ft of carpet area, the office is relatively compact. Yet its ₹1 crore consideration translates into a price of nearly ₹38,700 per sq ft on the carpet area.</p>



<p class="wp-block-paragraph">The transaction also highlights the continued value of commercial real estate in established neighbourhoods such as Andheri West, where proximity to residential catchments, established commercial activity and connectivity can support high capital values even for smaller office units.</p>



<p class="wp-block-paragraph">However, the registered consideration should not automatically be treated as a benchmark for every commercial property in Andheri West. Property values can vary significantly depending on building quality, age, floor, frontage, access, parking, tenant status, title, amenities and exact micro-location.</p>



<h2 class="wp-block-heading">A clean-title representation was included</h2>



<p class="wp-block-paragraph">The sale agreement contains several representations from the seller regarding the property.</p>



<p class="wp-block-paragraph">Singular Health represented that it was entitled to sell and transfer the premises and that the title was marketable and free from encumbrances, claims and reasonable doubts.</p>



<p class="wp-block-paragraph">The seller also represented that it was in exclusive possession of the premises and that there was no pending litigation or other proceeding affecting the property, according to the agreement.</p>



<p class="wp-block-paragraph">The agreement further provides for the transfer of original title documents to the purchaser after receipt of the entire consideration.</p>



<h2 class="wp-block-heading">Existing property records form part of the transaction</h2>



<p class="wp-block-paragraph">The registered document contains several supporting records, including the society’s registration certificate, municipal documents, property-tax records, earlier registration documents, the seller company’s board resolution and identity and tax documents of the parties.</p>



<p class="wp-block-paragraph">The file also includes a municipal part-occupation certificate relating to the commercial building. The certificate records completion of the relevant development work of the commercial building, including basement parking and commercial floors.</p>



<p class="wp-block-paragraph">The inclusion of these documents reflects the level of documentation typically assembled for a registered property transaction, particularly where ownership is being transferred from a corporate entity to an individual purchaser.</p>



<h2 class="wp-block-heading">What does the deal mean for Mumbai’s commercial property market?</h2>



<p class="wp-block-paragraph">For Mumbai’s commercial real estate market, the transaction underscores how location continues to command a premium.</p>



<p class="wp-block-paragraph">Andheri West is one of Mumbai’s established mixed-use markets, with residential neighbourhoods, offices, retail and entertainment-related activity existing alongside one another. A relatively small office unit can therefore carry a significant capital value when located in an established commercial ecosystem.</p>



<p class="wp-block-paragraph">The transaction also highlights another trend: individual buyers, including high-profile professionals and entrepreneurs, continue to acquire commercial assets rather than limiting their property exposure to residential real estate.</p>



<p class="wp-block-paragraph">For investors evaluating similar properties, however, the headline price alone is not enough.</p>



<p class="wp-block-paragraph">Rental potential, vacancy risk, maintenance costs, redevelopment prospects, society restrictions, parking availability, title history and future liquidity can materially affect the investment value of a commercial unit.</p>



<h2 class="wp-block-heading">The bottom line</h2>



<p class="wp-block-paragraph">The registered documents show that Sonu Agamkumar Nigam has acquired Office Unit No. 105A in Aston Building, Andheri West, for ₹1 crore.</p>



<p class="wp-block-paragraph">The 24 sq m carpet-area office translates to roughly 258 sq ft and an implied transaction value of around ₹38,700 per sq ft. The transaction was registered in August 2026, with ₹6 lakh in stamp duty and ₹30,000 in registration fees recorded in the registration documents.</p>



<p class="wp-block-paragraph">The deal is notable not only because of the buyer’s profile but also because it offers a snapshot of the prices being paid for compact commercial properties in established Mumbai micro-markets.</p>



<p class="wp-block-paragraph">Also Read: <a href="https://squarefeatindia.com/sonu-nigam-sells-property-for-rs-7-cr/" type="post" id="7494">Sonu Nigam Sells Property for Rs 7 Cr</a></p>
<p>The post <a href="https://squarefeatindia.com/sonu-nigam-buys-andheri-office-for-%e2%82%b91-crore-property-documents-show/">Sonu Nigam Buys Andheri Office for ₹1 Crore, Property Documents Show</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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