Actor Sumeet Raghavan’s ‘Rs 1 Lakh Per Foot’ Remark Puts Spotlight on Mumbai’s Real Estate Premium Actor Sumeet Raghavan has provided a stark, ground-level perspective o...
Actor Sumeet Raghavan has provided a stark, ground-level perspective on Mumbai's notoriously expensive property market, stating that in the city, “enough space to place your feet can cost Rs 1 lakh.” His comment, made during an interview, encapsulates the financial pressures and the high premium placed on livable space within India's financial hub.
Raghavan, who purchased a 3BHK apartment in 2015, draws from his own experience of upgrading from a more compact 1BHK in Goregaon. His observation highlights the significant capital required not just for luxury amenities, but for basic square footage. The apartment's large balcony, a rare feature in the city, further underscores the value he places on open, personal areas, which come at a substantial cost in Mumbai's dense urban landscape.
In a move that diverges from celebrity norms, Raghavan and his wife, Chinmayee, personally managed the interior design of their home without hiring a professional designer. They cultivated a minimalistic, clean, and earthy aesthetic, prioritizing functionality and personal taste over outsourced luxury. This hands-on approach suggests a desire to create a space that is both cost-conscious and deeply personal, reflecting their own values rather than conventional design trends.
Beyond its market value, Raghavan describes his home as his “comfort zone” and “charging point.” This view positions the property not merely as a financial asset but as a crucial sanctuary from the demands of public life and the city's pace. A dedicated music room, equipped with a keyboard he uses daily, is central to this personal retreat, integrating his professional passions into his private life. The home is designed as a functional space that supports both personal well-being and creative pursuits, representing the ultimate return on a significant investment in a challenging market.
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