Suryakumar Yadav Buys ₹21.1 Cr Luxury Flats in Godrej Sky Terraces, Mumbai

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Cricketer Suryakumar Yadav Invests ₹21.1 Crore in Luxury Flats at Godrej Sky Terraces, Mumbai

In a major highlight from Mumbai’s real estate market, Indian cricketer Suryakumar Yadav and his wife Devisha Yadav have invested in not one, but two luxurious apartments in the prestigious Godrej Sky Terraces project located in Deonar, Mumbai. The couple's real estate move was registered on March 21, 2025, according to official property documents reviewed by Square Yards via the Inspector General of Registration (IGR) website.

This high-value transaction underscores the rising demand for ultra-luxury residences in Mumbai — especially by high-profile individuals — and also puts a spotlight on Godrej Sky Terraces, which has emerged as a sought-after residential destination in eastern Mumbai.

Key Details of the Deal

- Total Purchase Value: ₹21.1 crore

- Number of Units Purchased: 2

- Total Carpet Area: Approx. 4,222.7 sq. ft.

- Total Built-up Area: Over 4,568 sq. ft.

- Designated Car Parking Spaces: 6

- Stamp Duty Paid: ₹1.26 crore

- Registration Charges: ₹30,000

Suryakumar Yadav’s new homes are located on consecutive floors, offering greater privacy and convenience. Both apartments form a significant part of Mumbai’s ongoing trend of celebrities and HNIs investing in large-format homes in premium locations.

About Godrej Sky Terraces, Deonar

Developed by Godrej Properties, Sky Terraces is a boutique luxury project spread across 1.05 acres, offering premium 3 BHK and 4 BHK configurations. The property is known for its modern architecture, high-end finishes, and exclusive amenities, making it a top choice for elite buyers in Mumbai.

The project also boasts:

- Gated community with 24/7 security

- Fitness center & wellness amenities

- Rooftop sky lounges and terraces

- Landscaped gardens and leisure zones

Between March 2024 and February 2025, Godrej Sky Terraces recorded 25 sale registrations amounting to a total transaction value of approximately ₹202 crore. The average property price during this period stood at ₹52,433 per sq. ft., further reinforcing its status as a prime real estate hub in Mumbai.

Why Deonar Is Becoming a Real Estate Hotspot

Located in eastern Mumbai, Deonar is evolving into a premium residential zone, especially among professionals and celebrities. The locality is situated near Chembur and benefits from strategic connectivity via:

- Chembur Railway Station (Harbour Line)

- Mumbai Monorail

- Eastern Express Highway

- Sion-Panvel Expressway

Deonar also enjoys proximity to major business hubs, educational institutions, and healthcare facilities, making it a preferred choice for high-value homebuyers seeking both convenience and exclusivity.

Other Major Celebrity Real Estate Moves in Mumbai

This isn’t the only celebrity making waves in the Mumbai property scene. Other high-profile transactions recently include:

- Zaheer Khan, former Indian cricketer, and his family acquired a luxury apartment in Elphinstone Road area for ₹11 crore in February 2025.

- Rohit Sharma, Indian team captain, rented out his Lower Parel property for ₹2.6 lakh per month during the same time.

Such deals indicate a strong demand for luxury real estate among Indian cricketers and reinforce Mumbai’s position as a real estate magnet for the elite.

Stamp Duty and Registration Charges in Mumbai

For high-value property deals like Suryakumar Yadav’s, buyers must also account for stamp duty and registration charges. In this case, the cricketer paid a stamp duty of ₹1.26 crore and a registration fee of ₹30,000, reflecting the scale of the transaction.

Stamp duty in Mumbai varies between 5% to 6%, depending on the property’s location, buyer gender, and other factors. For luxury transactions, this additional cost plays a significant role in the overall property investment.

What This Means for Mumbai’s Real Estate Market

The purchase by Suryakumar Yadav signals strong investor confidence in Mumbai’s luxury housing segment. With growing infrastructure, high-end developments, and a steady influx of wealthy buyers, areas like Deonar, Chembur, Lower Parel, and Elphinstone Road are witnessing a spike in both value and volume.

Experts believe that such high-profile transactions are more than just headline-grabbers — they serve as trust signals to other potential buyers and help drive the momentum in Mumbai’s premium real estate segment.

Final Thoughts

Suryakumar Yadav’s investment in Godrej Sky Terraces not only adds to his growing portfolio but also reflects the increasing demand for spacious, luxury living in Mumbai’s emerging neighborhoods. With strong connectivity, premium amenities, and high appreciation potential, projects like Sky Terraces are redefining urban luxury in the city.

As more celebrities, entrepreneurs, and professionals turn to real estate as a long-term investment, Mumbai continues to maintain its position as India’s luxury property capital.