Mumbai Real Estate Update | October 2025
Bollywood’s connection with Mumbai’s luxury real estate continues to deepen — this time with actor Neil Nitin Mukesh and his father, the legendary playback singer Nitin Mukesh, acquiring an upscale residence in the city’s elite residential district, Lower Parel.
According to property registration documents, the father-son duo recently purchased a plush 2,044 sq ft apartment on the 31st floor of the iconic World One Tower by Lodha Developers for an impressive ₹11.35 crore.
Let’s explore every detail of this high-profile purchase, delve into the features of the property, and understand why Lower Parel continues to be one of Mumbai’s most sought-after real estate hotspots.
What Are the Details of Neil and Nitin Mukesh’s Recent Property Purchase?
The transaction, as revealed by property documents, shows that Neil Nitin Mukesh and his father Nitin Mukeshchand Mathur jointly purchased the apartment in July 2025.
Here’s a detailed breakdown of the acquisition:
- Property Name: World One Tower by Lodha Developers
- Location: Lower Parel, South Mumbai
- Apartment Size: 2,044 square feet (carpet area)
- Floor: 31st Floor
- Purchase Price: ₹11.35 crore
- Stamp Duty: ₹68.10 lakh
- Registration Fee: ₹30,000
- Car Parking Spaces: Two
- Transaction Type: Secondary market purchase from the Shah family and others
- Registration Date: July 10, 2025
Both buyers and sellers could not be reached for comment, as per the publicly accessible property documents.
Also read :-Andheri- History | Celebrity Homes | Pros&Cons | Property Prices | Landmarks
What Makes World One Tower by Lodha Developers So Iconic?
World One Tower, developed by Lodha Group (Macrotech Developers Limited), stands as one of Mumbai’s tallest and most prestigious residential skyscrapers. Rising above the skyline of Lower Parel, this tower epitomizes the fusion of luxury, exclusivity, and modern architecture.
Key Highlights of World One Tower:
- Architectural Grandeur: Designed by Pei Cobb Freed & Partners, the same firm behind global icons like the Grand Louvre Expansion and Bank of China Tower.
- Skyline Views: Offers breathtaking 360° panoramic views of the Arabian Sea and Mumbai skyline.
- Premium Amenities: Features a world-class spa, indoor pool, fitness center, kids’ zone, business lounges, and banquet facilities.
- Elite Neighbourhood: Houses several renowned Bollywood celebrities, business magnates, and sports icons.
- High Security: Equipped with 24×7 surveillance and restricted access for residents’ privacy.
The tower isn’t just a residence; it’s an address that reflects status and success — qualities that align with the Mukesh family’s distinguished legacy in Indian cinema and music.
Who Are Neil Nitin Mukesh and Nitin Mukesh?
Nitin Mukesh: The Voice That Defined an Era
Nitin Mukesh, one of India’s most celebrated playback singers, has lent his soulful voice to some of Bollywood’s timeless classics. Known for tracks like “Zindagi Har Kadam Ek Nayi Jung Hai” and “Ek Pyar Ka Nagma Hai”, his emotive singing style left a lasting imprint on Indian cinema.
He is also the son of the legendary singer Mukesh, making the family one of the most revered in the history of Indian music.
Neil Nitin Mukesh: The Actor-Carrying a Legacy Forward
Following in the footsteps of his illustrious family, Neil Nitin Mukesh made his debut in Johnny Gaddaar (2007), earning critical acclaim for his acting. Over the years, he has been part of films such as New York, 7 Khoon Maaf, Prem Ratan Dhan Payo, and Saaho.
Beyond his acting career, Neil is known for his elegant lifestyle, refined taste, and love for luxury — all of which reflect in this recent real estate investment.
Also read:-Dharma Productions Leases New Office in Mumbai’s Andheri West for ₹15 Lakh Monthly
Why Are Bollywood Celebrities Investing in Lower Parel?
In recent years, Lower Parel has transformed from an industrial textile hub into a high-end residential and commercial powerhouse. The area is now home to some of Mumbai’s most exclusive skyscrapers and luxury residences.
Celebrity Neighbours and Notable Residents
Bollywood and corporate elites alike are drawn to this premium location. Among those who have purchased homes in and around the area are:
- Abhishek Bachchan
- Shahid Kapoor
- Writer Amish Tripathi
- Cricketer Zaheer Khan
Recently, Ashishkumar Manilal Chauhan, MD & CEO of the National Stock Exchange (NSE), also bought a 1,900 sq ft apartment worth ₹9.93 crore in Lodha World Towers, Worli — another testament to the demand for high-value properties in this belt.
Also read:-Bandra- History | Celebrity Homes | Pros&Cons | Property Prices | Landmarks
What Makes Lower Parel a Prime Real Estate Destination?
Central Location
Lower Parel offers excellent connectivity to major business districts like:
- Bandra-Kurla Complex (BKC)
- Nariman Point
- Worli
- Fort
This central position makes it ideal for professionals and celebrities who require proximity to both work and entertainment hubs.
Seamless Connectivity
The area is well-connected by:
- Western and Central Railway lines
- Eastern Freeway
- Sea Link
- Upcoming Metro corridors
This ensures easy access to South Mumbai, Western Suburbs, and even Navi Mumbai.
Luxury Residential Landscape
Projects like Lodha World Towers, Indiabulls Sky Forest, and Marathon Futurex Residences have elevated the area’s luxury quotient, offering modern amenities, concierge services, and high-end retail within walking distance.
Entertainment and Lifestyle
From Palladium Mall to gourmet restaurants, rooftop bars, and art galleries — Lower Parel is the heartbeat of Mumbai’s cosmopolitan lifestyle.
It’s also home to Kamala Mills, a hub of nightlife and fine dining experiences.
High Investment Value
Due to its premium status, property prices in Lower Parel range between ₹45,000 to ₹80,000 per sq ft, making it one of the most expensive yet high-return zones in Mumbai’s real estate market.
Also read :-Amitabh Bachchan Buys Three Plots Worth ₹6.6 Crore in Alibaug from the House of Abhinandan Lodha
What Does This Purchase Signify for Mumbai’s Luxury Real Estate Market?
Neil Nitin Mukesh and Nitin Mukesh’s acquisition is another affirmation of how Bollywood continues to fuel Mumbai’s luxury housing segment.
Even as property markets stabilize post-pandemic, there is a clear upward trend in premium property transactions, driven by HNIs (High Net Worth Individuals), celebrities, and CXOs.
According to real estate experts:
- The demand for ready-to-move-in luxury homes has surged since 2023.
- Developers like Lodha, Oberoi Realty, and Raheja have witnessed record-high sales in the ultra-luxury category.
- Celebrity purchases continue to boost confidence in branded residences and prime locations.
This particular deal further emphasizes Lower Parel’s status as Mumbai’s “Millionaire Mile.”
The Legacy Continues: A Family of Prestige and Refinement
This property purchase isn’t merely a financial investment — it’s symbolic of the Mukesh family’s legacy of class, taste, and artistry.
While Nitin Mukesh built his empire through his musical genius, Neil Nitin Mukesh continues to diversify his pursuits across acting, production, and personal investments — ensuring the family remains synonymous with both cultural and financial success.
Their new home at World One adds another shining chapter to their journey.
Also read:-Sanjay Mishra Buys ₹4.75 Crore Sea-View Flat in Mumbai’s Madh Island, Joins Jubin Nautiyal as Neighbour
Conclusion
Neil Nitin Mukesh and his father Nitin Mukesh’s ₹11.35 crore acquisition at World One, Lower Parel, showcases Mumbai’s ever-growing allure for Bollywood’s elite and business leaders alike.
From its architectural brilliance to world-class amenities and prime location, the Lodha World One Tower stands tall as one of India’s most coveted addresses — now home to yet another iconic Bollywood lineage.
As Mumbai’s luxury real estate market continues to evolve, one thing remains unchanged — the city’s skyline keeps getting brighter with stars, both cinematic and architectural.
Mumbai Real Estate Update | October 2025
Bollywood’s connection with Mumbai’s luxury real estate continues to deepen — this time with actor Neil Nitin Mukesh and his father, the legendary playback singer Nitin Mukesh, acquiring an upscale residence in the city’s elite residential district, Lower Parel.
According to property registration documents, the father-son duo recently purchased a plush 2,044 sq ft apartment on the 31st floor of the iconic World One Tower by Lodha Developers for an impressive ₹11.35 crore.
Let’s explore every detail of this high-profile purchase, delve into the features of the property, and understand why Lower Parel continues to be one of Mumbai’s most sought-after real estate hotspots.
What Are the Details of Neil and Nitin Mukesh’s Recent Property Purchase?
The transaction, as revealed by property documents, shows that Neil Nitin Mukesh and his father Nitin Mukeshchand Mathur jointly purchased the apartment in July 2025.
Here’s a detailed breakdown of the acquisition:
- Property Name: World One Tower by Lodha Developers
- Location: Lower Parel, South Mumbai
- Apartment Size: 2,044 square feet (carpet area)
- Floor: 31st Floor
- Purchase Price: ₹11.35 crore
- Stamp Duty: ₹68.10 lakh
- Registration Fee: ₹30,000
- Car Parking Spaces: Two
- Transaction Type: Secondary market purchase from the Shah family and others
- Registration Date: July 10, 2025
Both buyers and sellers could not be reached for comment, as per the publicly accessible property documents.
Also read :-Andheri- History | Celebrity Homes | Pros&Cons | Property Prices | Landmarks
What Makes World One Tower by Lodha Developers So Iconic?
World One Tower, developed by Lodha Group (Macrotech Developers Limited), stands as one of Mumbai’s tallest and most prestigious residential skyscrapers. Rising above the skyline of Lower Parel, this tower epitomizes the fusion of luxury, exclusivity, and modern architecture.
Key Highlights of World One Tower:
- Architectural Grandeur: Designed by Pei Cobb Freed & Partners, the same firm behind global icons like the Grand Louvre Expansion and Bank of China Tower.
- Skyline Views: Offers breathtaking 360° panoramic views of the Arabian Sea and Mumbai skyline.
- Premium Amenities: Features a world-class spa, indoor pool, fitness center, kids’ zone, business lounges, and banquet facilities.
- Elite Neighbourhood: Houses several renowned Bollywood celebrities, business magnates, and sports icons.
- High Security: Equipped with 24×7 surveillance and restricted access for residents’ privacy.
The tower isn’t just a residence; it’s an address that reflects status and success — qualities that align with the Mukesh family’s distinguished legacy in Indian cinema and music.
Who Are Neil Nitin Mukesh and Nitin Mukesh?
Nitin Mukesh: The Voice That Defined an Era
Nitin Mukesh, one of India’s most celebrated playback singers, has lent his soulful voice to some of Bollywood’s timeless classics. Known for tracks like “Zindagi Har Kadam Ek Nayi Jung Hai” and “Ek Pyar Ka Nagma Hai”, his emotive singing style left a lasting imprint on Indian cinema.
He is also the son of the legendary singer Mukesh, making the family one of the most revered in the history of Indian music.
Neil Nitin Mukesh: The Actor-Carrying a Legacy Forward
Following in the footsteps of his illustrious family, Neil Nitin Mukesh made his debut in Johnny Gaddaar (2007), earning critical acclaim for his acting. Over the years, he has been part of films such as New York, 7 Khoon Maaf, Prem Ratan Dhan Payo, and Saaho.
Beyond his acting career, Neil is known for his elegant lifestyle, refined taste, and love for luxury — all of which reflect in this recent real estate investment.
Also read:-Dharma Productions Leases New Office in Mumbai’s Andheri West for ₹15 Lakh Monthly
Why Are Bollywood Celebrities Investing in Lower Parel?
In recent years, Lower Parel has transformed from an industrial textile hub into a high-end residential and commercial powerhouse. The area is now home to some of Mumbai’s most exclusive skyscrapers and luxury residences.
Celebrity Neighbours and Notable Residents
Bollywood and corporate elites alike are drawn to this premium location. Among those who have purchased homes in and around the area are:
- Abhishek Bachchan
- Shahid Kapoor
- Writer Amish Tripathi
- Cricketer Zaheer Khan
Recently, Ashishkumar Manilal Chauhan, MD & CEO of the National Stock Exchange (NSE), also bought a 1,900 sq ft apartment worth ₹9.93 crore in Lodha World Towers, Worli — another testament to the demand for high-value properties in this belt.
Also read:-Bandra- History | Celebrity Homes | Pros&Cons | Property Prices | Landmarks
What Makes Lower Parel a Prime Real Estate Destination?
Central Location
Lower Parel offers excellent connectivity to major business districts like:
- Bandra-Kurla Complex (BKC)
- Nariman Point
- Worli
- Fort
This central position makes it ideal for professionals and celebrities who require proximity to both work and entertainment hubs.
Seamless Connectivity
The area is well-connected by:
- Western and Central Railway lines
- Eastern Freeway
- Sea Link
- Upcoming Metro corridors
This ensures easy access to South Mumbai, Western Suburbs, and even Navi Mumbai.
Luxury Residential Landscape
Projects like Lodha World Towers, Indiabulls Sky Forest, and Marathon Futurex Residences have elevated the area’s luxury quotient, offering modern amenities, concierge services, and high-end retail within walking distance.
Entertainment and Lifestyle
From Palladium Mall to gourmet restaurants, rooftop bars, and art galleries — Lower Parel is the heartbeat of Mumbai’s cosmopolitan lifestyle.
It’s also home to Kamala Mills, a hub of nightlife and fine dining experiences.
High Investment Value
Due to its premium status, property prices in Lower Parel range between ₹45,000 to ₹80,000 per sq ft, making it one of the most expensive yet high-return zones in Mumbai’s real estate market.
Also read :-Amitabh Bachchan Buys Three Plots Worth ₹6.6 Crore in Alibaug from the House of Abhinandan Lodha
What Does This Purchase Signify for Mumbai’s Luxury Real Estate Market?
Neil Nitin Mukesh and Nitin Mukesh’s acquisition is another affirmation of how Bollywood continues to fuel Mumbai’s luxury housing segment.
Even as property markets stabilize post-pandemic, there is a clear upward trend in premium property transactions, driven by HNIs (High Net Worth Individuals), celebrities, and CXOs.
According to real estate experts:
- The demand for ready-to-move-in luxury homes has surged since 2023.
- Developers like Lodha, Oberoi Realty, and Raheja have witnessed record-high sales in the ultra-luxury category.
- Celebrity purchases continue to boost confidence in branded residences and prime locations.
This particular deal further emphasizes Lower Parel’s status as Mumbai’s “Millionaire Mile.”
The Legacy Continues: A Family of Prestige and Refinement
This property purchase isn’t merely a financial investment — it’s symbolic of the Mukesh family’s legacy of class, taste, and artistry.
While Nitin Mukesh built his empire through his musical genius, Neil Nitin Mukesh continues to diversify his pursuits across acting, production, and personal investments — ensuring the family remains synonymous with both cultural and financial success.
Their new home at World One adds another shining chapter to their journey.
Also read:-Sanjay Mishra Buys ₹4.75 Crore Sea-View Flat in Mumbai’s Madh Island, Joins Jubin Nautiyal as Neighbour
Conclusion
Neil Nitin Mukesh and his father Nitin Mukesh’s ₹11.35 crore acquisition at World One, Lower Parel, showcases Mumbai’s ever-growing allure for Bollywood’s elite and business leaders alike.
From its architectural brilliance to world-class amenities and prime location, the Lodha World One Tower stands tall as one of India’s most coveted addresses — now home to yet another iconic Bollywood lineage.
As Mumbai’s luxury real estate market continues to evolve, one thing remains unchanged — the city’s skyline keeps getting brighter with stars, both cinematic and architectural.
