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Mumbai real estate: US based firm executive buys sea-facing apartment in Bandra for ₹26.2 crore at ₹1.3 lakh per sq ft

Mumbai real estate update: Miteshwar Singh, a vice president at US-based alternative asset management firm purchased sea-facing apartment in Bandra

Published on: Sep 30, 2026, 16:46:26 IST
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Miteshwar Singh, a vice president at US-based alternative asset management firm TPG, has purchased a sea-facing apartment worth ₹26 crore in Mumbai's Bandra for ₹1.30 lakh per sq ft, among the highest per sq ft rate in Bandra, according to property registration documents accessed by Zapkey.

Mumbai real estate: Miteshwar Singh, a vice president at US-based alternative asset management firm TPG, has purchased a sea-facing apartment worth  ₹26 crore in Mumbai's Bandra for  ₹1.30 lakh per sq ft, among the highest per sq ft rate. (Picture for representational purposes only) (File Photo )
Mumbai real estate: Miteshwar Singh, a vice president at US-based alternative asset management firm TPG, has purchased a sea-facing apartment worth ₹26 crore in Mumbai's Bandra for ₹1.30 lakh per sq ft, among the highest per sq ft rate. (Picture for representational purposes only) (File Photo )

According to the documents, the apartment is on the lower floor of the building measuring 2,002 sq ft RERA carpet, along with additional 212 sq ft of balcony/deck area.

The transaction was registered on September 21, 2026, with Miteshwar Singh named as the buyer and JGB Builders LLP (Satguru Builders) as the seller.

Based on the registered transaction value of ₹26,19,04,762 and the 2,002 sq ft RERA carpet area, the apartment works out to approximately ₹1,30,821 per sq ft. This puts the deal among the high-value residential transactions in Mumbai's western suburbs, where premium homes in established locations such as Bandra West command substantial premiums because of their location, limited supply and proximity to the sea.

The homebuyer paid a stamp duty of ₹1.57 crore and a registration fees of ₹30,000, the documents show.

The apartment, part of the Satguru Kismet project in Bandra West, is located close to Sachin Tendulkar’s bungalow, Carter Road, and the upcoming Bandra-Versova Sea Link connector.

In September 2025, a US-based NRI couple bought two sea-facing apartments in the same building for over ₹56 crore, at a record ₹1.27 lakh per sq ft, according to property registration documents accessed by CRE Matrix.

The documents show that the two apartments measure 2,189 sq ft each and have a balcony deck area of around 120 sq ft each.

The two sea-facing apartments were sold at ₹1.27 lakh per sq ft, among the highest rates in Bandra West.

An email query was sent to Satguru Builders and Miteshwar Singh. The story will be updated if a response is received.

Also Read: ₹10 crore-plus home sales jump 12% to a record ₹18,512 crore in H1 2026">Mumbai luxury real estate: ₹10 crore-plus home sales jump 12% to a record ₹18,512 crore in H1 2026

All about Bandra real estate market

According to local brokers, the transaction is notable for its location on Carter Road, one of Bandra's prominent residential stretches. The neighbourhood has a mix of luxury apartment developments, older residential buildings and premium redevelopment projects, while its sea-facing promenade, social infrastructure and connectivity have helped sustain demand for high-end homes.

Local brokers noted that in Pali Hill, Bandra West, some apartments have fetched over ₹1.40 lakh per sq ft. Geographically, Bandra is the centre and is famous for Bandra Kurla Complex (BKC), the country’s costliest commercial district, where several top domestic and international companies have their base.

Bandra is also home to several sea-facing and sea-view luxury apartments, and is also synonymous with Bollywood, as this is the place where several actors and actresses have bought property.

Bollywood stars Salman Khan, Shahrukh Khan, Aamir Khan, Ranbir Kapoor, Alia Bhatt, Deepika Padukone, Tripti Dimri, and Sanjay Dutt, among several others, own a property or reside in Bandra. Bollywood legends Dilip Kumar and Rishi Kapoor also lived in the area.

 
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.

Stay updated with the latest Real Estate News, property prices, housing trends and major projects. Explore market updates, investment insights and property developments across India.
Stay updated with the latest Real Estate News, property prices, housing trends and major projects. Explore market updates, investment insights and property developments across India.
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