Mumbai-based real estate developer DGS Group’s promoters have purchased a triplex penthouse measuring 8,561 sq ft in Mumbai’s Goregaon for ₹56.28 crore at over ₹65,700 per sq ft, among the highest per sq ft rates in the western suburbs, according to property registration documents by Zapkey.com
The penthouse is located in Oberoi Elysian, a building being constructed by Oberoi Realty on the Western Express Highway (WEH) in Goregaon East. The penthouse was purchased by DGS Group’s promoters, namely Brahmdev Shukla, Rohan Shukla, and Sourav Shukla, according to the documents.
According to the documents, the penthouse is located on the 62nd, 63rd, and 64th floors of the building for which the transaction was registered on March 30, 2026.
A stamp duty of ₹3.37 crore and a registration fee of ₹30,000 were paid for the transaction. The penthouse was purchased along with eight parking spaces, according to the documents.
In February 2026, Kapila Arora, the promoter of a manufacturing company, purchased an 8,570 sq ft penthouse in the same building for ₹55 crore at a per sq ft price of ₹64,822, making it among the highest recorded in the western suburbs
An email query was sent to Oberoi Realty and DGS Group. The story will be updated if a response is received.
Recent noteworthy transactions
In November 2025, DLF sold an apartment of over 2,000 sq ft in The West Park project in Andheri for over ₹70,000 per sq ft. Going further, in February 2026, Oberoi Realty sold an over 8,500 sq ft penthouse in its Oberoi Garden City project in Goregaon for over ₹64,000 per sq ft.
In the same year, Bollywood actor Akshay Kumar sold his apartment in the Oberoi Sky City building in Borivali for over ₹50,000 per sq ft. In 2024, a 4 BHK luxury apartment in the Aquaria Grande building by Wadhwa was sold for ₹14 crore, at a per sq ft rate of ₹56,000.
The highest per sq ft rate ever recorded in Mumbai to date is around ₹2.80 lakh per sq ft for a building named Naman Xana in Worli.
Hindustan Times Real Estate had on March 29 reported about how Mumbai real estate market’s western suburbs, such as Borivali, Goregaon and Andheri, are increasingly approaching benchmarks traditionally associated with South Mumbai and premium locations like Worli, Bandra and Juhu, prompting a debate over whether suburban markets are beginning to rival established luxury hubs.
According to real estate experts, the recent transactions in projects of branded developers signify a fundamental structural shift rather than isolated outliers.
Experts noted that while the average per sq ft price in the suburbs remains significantly lower than in South Mumbai and prime areas like Worli, Bandra, and Juhu. However, the gap has narrowed for Grade-A residential projects in the western suburbs.
