Mumbai: The family of Indian T20 captain Suryakumar Yadav has strengthened its presence in Mumbai’s high-end property market, with his wife Devisha Shetty acquiring a luxury apartment valued at ₹7.18 crore.
According to property registration details reported in media, the latest acquisition marks the third residential property added to the family’s Mumbai portfolio, making a broader trend of affluent buyers deepening investments in established premium neighbourhoods.
The apartment, located in one of the city’s sought-after residential pockets, is part of a modern development offering lifestyle amenities, security and connectivity attributes that continue to define luxury housing demand in India’s financial capital.
Premium housing continues to attract HNIs
Mumbai’s upper-tier residential segment has remained resilient, even as mid-income categories navigate cyclical moderation. Market observers note that properties priced above ₹5 crore continue to see steady traction, particularly in South Mumbai and western suburban micro-markets.
High-net-worth individuals (HNIs), including professionals from sports and entertainment, often view prime Mumbai real estate as both a lifestyle choice and a long-term wealth preservation asset.
“Luxury transactions in Mumbai are less sentiment-driven and more about long-term positioning,” says a city-based real estate advisor. “Established micro-markets offer brand value that newer areas take years to build.”
Luxury Residential Price Trends: South Mumbai, Bandra & Juhu
How Prime Mumbai Is Moving
● South Mumbai continues to command the highest capital values in the city, driven by limited inventory, legacy addresses and consistent demand from business families and global executives.
● Bandra (West) remains a lifestyle magnet, balancing proximity to business districts with social infrastructure, retail and coastal living.
● Juhu, long favoured by celebrities, has recorded some of the sharper price movements in the luxury bracket, supported by strong absorption and constrained new supply.
The steady year-on-year appreciation across these micro-markets highlights a structural demand base rather than speculative buying.
What This Means for the Market
Mumbai’s luxury housing market has entered a phase of consolidation rather than exuberance. Developers are cautious with new supply, while buyers in the ₹5–10 crore bracket continue to transact selectively.
For prominent personalities such as Suryakumar Yadav and his family, real estate decisions often combine lifestyle preferences with portfolio strategy. With price growth holding in the high single digits across prime neighbourhoods, Mumbai’s premium residential segment appears positioned for steady, rather than volatile, growth in the near term.
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