Arijit Singh is said to be the first singer to charge over a crore for a live performance. What makes him so special?

Singing sensation Arijit Singh, who is presently ruling Bollywood charts, seems to be making the most of his popularity as far as live concerts are concerned. If sources are to be believed, the 28-year-old has increased his fee for stage performances by over three times - apparently, he used to charge anywhere between Rs 30 lakh and Rs 50 lakh last year, but now asks for Rs 1-1.5crore per gig.

Says a source, "Arijit is the hottest pick in the events circuit at the moment and is flooded with requests from across the globe. So, now, he has raised his remuneration to nearly Rs 1.5 crore for a 45 minute to one hour performance. No other A-list singer demands so much money."

Insiders in the music industry reveal that big names like Sonu Nigam, Shankar Mahadevan, Mika Singh and Ankit Tiwari charge Rs 40-50 lakh. "And here you have Arijit who is asking for remuneration matching that of an A-list actor," says an event organiser requesting anonymity.

Calling his revised fee as "insane", another city-based organiser says, "Though there are some who are ready to pay that much for one performance, Arijit needs to understand that it's a bad managerial call since new singers emerge every other day."

Arijit remained unavailable for comment.