Indian cricket captain Rohit Sharma and his family have once again made headlines—this time not on the cricket field, but in Mumbai’s premium real estate market. Rohit Sharma’s wife, Ritika Sajdeh, has reportedly purchased a luxury apartment worth ₹26.30 crore in Prabhadevi, one of South Mumbai’s most sought-after residential localities. The transaction highlights not just a celebrity property deal, but also underlines the continued confidence of high-net-worth individuals (HNIs) in Mumbai’s luxury housing segment.
This high-value acquisition adds to Rohit Sharma’s growing real estate portfolio and reinforces Prabhadevi’s position as a hotspot for elite homebuyers, including business leaders, Bollywood celebrities, and sports icons.
A Closer Look at the Prabhadevi Property Deal
According to property registration records, Ritika Sajdeh has acquired a premium apartment in a high-end residential project located in Prabhadevi, central Mumbai. The apartment is valued at ₹26.30 crore, reflecting the prevailing price levels in the luxury housing segment of this micro-market.
Prabhadevi commands premium pricing due to its strategic location, limited land availability, sea proximity, and excellent connectivity to South Mumbai, Bandra-Kurla Complex (BKC), and Lower Parel. Transactions of this scale indicate sustained demand despite rising property prices across Mumbai.
While details such as carpet area and floor level remain undisclosed publicly, properties in this price bracket typically offer spacious layouts, sea or city skyline views, private elevators, advanced security systems, and world-class amenities.
Why Prabhadevi Attracts Celebrity Homebuyers
Prabhadevi has steadily evolved into a luxury residential hub over the last decade. Once primarily a mid-income locality, the area has transformed due to redevelopment projects, premium high-rises, and improved infrastructure.
One of the key attractions of Prabhadevi is its central location. It offers seamless access to South Mumbai, Worli, Lower Parel, and Bandra via the Western Express Highway, Senapati Bapat Marg, and the Bandra-Worli Sea Link. This makes it ideal for individuals who value connectivity without compromising on exclusivity.
Additionally, Prabhadevi’s proximity to business districts, five-star hotels, upscale malls, reputed hospitals, and elite educational institutions enhances its lifestyle appeal. For celebrities and public figures, privacy, security, and prestige play a crucial role—factors that Prabhadevi delivers consistently.
Rohit Sharma’s Strategic Approach to Real Estate
Rohit Sharma is known not just for his achievements in cricket, but also for making thoughtful investment decisions. Over the years, he has invested in premium real estate assets that align with long-term value appreciation and lifestyle comfort.
Purchasing property in the name of a family member, as seen in this case, is a common and legally sound practice among HNIs. It allows for structured asset planning, tax efficiency, and diversification of ownership within the family.
This latest acquisition further strengthens the family’s presence in Mumbai’s luxury housing market and reflects confidence in real estate as a stable asset class—especially in well-established micro-markets.
Mumbai Luxury Real Estate: Strong Demand Despite High Prices
The ₹26.30 crore transaction comes at a time when Mumbai’s luxury housing segment is witnessing robust demand. While affordability concerns persist in the mid-income segment, high-end buyers continue to invest aggressively in premium locations.
Luxury buyers are driven by:
- Limited supply of premium land
- Strong capital appreciation in prime areas
- Desire for larger homes post-pandemic
- Preference for branded and redevelopment projects
- Stable long-term investment outlook
Areas such as Prabhadevi, Worli, Lower Parel, Bandra West, and Juhu have seen consistent interest from celebrities, corporate leaders, and NRIs.
What This Deal Signals for Homebuyers and Investors
Celebrity property purchases often act as indirect indicators of market confidence. While investors should never base decisions solely on celebrity transactions, such deals do highlight micro-markets with strong fundamentals.
Prabhadevi’s continued attraction among elite buyers signals:
- High livability and social infrastructure
- Strong resale and rental potential
- Long-term capital appreciation
- Limited future supply due to redevelopment saturation
For end-users and investors alike, this reinforces the importance of choosing well-connected, mature localities with proven demand.
Prabhadevi Price Trends and Future Outlook
Currently, residential prices in Prabhadevi range between ₹45,000 to ₹80,000 per sq. ft., depending on project quality, view, floor height, and amenities. Ultra-luxury projects can command even higher values.
With ongoing infrastructure upgrades, including metro connectivity and road improvements, Prabhadevi is expected to maintain its upward price momentum. However, appreciation may be steady rather than exponential, given its already premium pricing.
Celebrity Real Estate Deals and Market Psychology
High-profile transactions like this often influence buyer sentiment. They bring attention to specific locations and reinforce perceptions of safety, prestige, and long-term value. However, informed buyers must still focus on fundamentals such as developer credibility, legal compliance, and budget alignment.
Rohit Sharma and Ritika Sajdeh’s investment reflects a combination of lifestyle preference and asset security—something many affluent buyers seek in Mumbai’s real estate market.
Final Thoughts
Ritika Sajdeh’s ₹26.30 crore apartment purchase in Prabhadevi marks another significant moment in Mumbai’s luxury real estate landscape. It underscores the enduring appeal of prime central locations and the trust that high-profile buyers place in Mumbai property as a long-term asset.
For homebuyers and investors, the key takeaway is clear: well-located, high-quality residential properties in Mumbai continue to command strong demand and value, regardless of market cycles.
At Horizon, we closely track premium transactions and micro-market trends to help buyers make informed, future-ready real estate decisions—whether you’re investing for lifestyle, legacy, or long-term returns.