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Mumbai real estate: Goregaon penthouse sold for ₹55 crore at ₹64,822 per sq ft, highest so far in western suburbs

Mumbai real estate news: An 8,570 sq ft penthouse in Goregaon has been sold by listed developer Oberoi Realty for 55 crore in a building named Oberoi Elysian

Updated on: Mar 28, 2026 11:13 AM IST
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An 8,570 sq ft penthouse in Goregaon, Mumbai, has been sold by listed developer Oberoi Realty for 55 crore at a per sq ft price of 64,822, making it among the highest recorded so far in the western suburbs, according to property registration documents accessed by Zapkey.com.

Mumbai real estate top deal: An 8,570 sq ft penthouse in Goregaon has been sold by listed developer Oberoi Realty for  ₹55 crore at a per sq ft price of  ₹64,822. (Picture for representational purposes only) (Oberoi Realty Photo )
Mumbai real estate top deal: An 8,570 sq ft penthouse in Goregaon has been sold by listed developer Oberoi Realty for ₹55 crore at a per sq ft price of ₹64,822. (Picture for representational purposes only) (Oberoi Realty Photo )

The penthouse, located in the Oberoi Elysian building on the Western Express Highway (WEH) in Goregaon East, was purchased by Kapila Arora, the promoter of a manufacturing company.

According to the documents, the penthouse is located on the 62nd, 63rd, and 64th floors of the building for which the transaction was registered on February 18, 2026.

A stamp duty of 2.77 crore and a registration fee of 30,000 were paid for the transaction. A 1% discount on stamp duty was availed under the Maharashtra government's incentive for women homebuyers.

Also Read: Top real estate deal in Mumbai's suburbs: 4 BHK apartment in Borivali sells for 14 crore at 56,000 per sq ft

The penthouse was purchased along with six parking spaces, the documents show.

An email query was sent to Oberoi Realty. The story will be updated if a response is received. Kapila Arora could not be reached for comment.

Also Read: 8.5 crore for a 5 BHK apartment in Mumbai’s Borivali sparks social media reactions

All about the highest per sq ft rate in Goregaon

According to real estate experts, this is one of the highest per sq ft rates for which a residential property was transacted in the history of the western suburbs. In the past, two luxury buildings, including Oberoi Sky City and Aquaria Grande in Borivali, have fetched over 50,000 per sq ft.

For example, in 2025, Bollywood actor Akshay Kumar sold two apartments in Mumbai's Borivali for 7.10 crore at a per sq ft price of over 52,000. The two apartments were located in the Oberoi Sky City project.

Also Read: Redevelopment update: Mumbai has oversupply in ‘pockets’, but brand strength keeps demand steady: Abhishek Lodha

"This transaction of a penthouse being sold for 55 crore is the highest rate ( 64,834/sft) in the particular building and also in the western suburbs at large. The majority of transactions are in the range of 42,000 to 46,000 per sq ft. However, deals for higher floors (53rd and above), rates are in the range of 54,000 to 57,000 per sq ft. The second-highest rate is 63,609 per sq ft for an apartment measuring 3,042 sq ft on the 58th floor that was sold for 19.3 crore," said Sandeep Reddy, co-founder, Zapkey.com

  • Mehul R Thakkar
    ABOUT THE AUTHOR
    Mehul R Thakkar

    Mehul R Thakkar is a Mumbai-based journalist who closely tracks the city’s ever-evolving real estate landscape. He believes that Mumbai presents a unique reality that, while Mumbaikars deeply aspire to own a home in the city of dreams, many spend little actual time living in it due to long commutes and demanding work lives. With over 11 years of experience in journalism, I have reported across a wide spectrum of beats, including real estate, housing, infrastructure, aviation, and education. I have also extensively covered the workings of India’s wealthiest civic body, the Brihanmumbai Municipal Corporation (BMC), providing insight into the policy, governance, and urban planning decisions that directly influence Mumbai’s growth. Before joining Hindustan Times, I worked in fast-paced digital and print newsrooms, including Moneycontrol.com and Deccan Chronicle, as well as national dailies such as The Asian Age and DNA. Outside the newsroom, I am an avid weather tracker, a fan of spy thrillers in both books and films, and a keen follower of international affairs.Read More

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