Anand Rathi Wealth Executive Purchases ₹131 Crore Luxury Apartment in Mumbai's Elite Worli Area

A significant luxury real estate transaction has been completed in Mumbai as the city's high-end property market continues to demonstrate strong demand. Pradeep Navratna Gupta, co-founder and vice-chairman of Anand Rathi Wealth, along with his spouse Preeti Gupta, has acquired a premium apartment in Mumbai's prestigious Worli Sea Face area for approximately ₹131 crore, according to property registration documents.

Transaction Details and Property Features

The luxury apartment is situated in Lodha Sea Face, one of Worli's premier high-rise developments offering panoramic sea views. The property spans an impressive 10,538 square feet and is located on the 40th floor of the building, providing residents with spectacular vistas of the Arabian Sea.

The transaction was finalized at ₹1.25 lakh per square foot, with the purchase including seven dedicated parking spaces. Official registration was completed on August 20, 2025, with the buyers paying ₹7.90 crore as stamp duty and ₹30,000 as registration fees to complete the formalities.

Mumbai's Worli Market Performance

Industry experts note that Worli continues to maintain its position as one of South Mumbai's most coveted residential destinations, with ultra-luxury towers commanding prices consistently between ₹1 lakh and ₹1.60 lakh per square foot. Market data reveals that another unit in the same Lodha Sea Face development, measuring approximately 14,866 square feet, was previously transacted at over ₹1.26 lakh per square foot.

The Worli area has witnessed several high-value transactions, with nearby premium development Naman Xana recording a record-setting deal that achieved nearly ₹3 lakh per square foot earlier this year, setting new benchmarks for luxury property pricing in Mumbai.

Market Significance and Investment Trends

Real estate analysts suggest that this acquisition reflects the continuing confidence of business leaders and wealthy individuals in Mumbai's premium property segment. The transaction adds to the growing list of high-value property investments in Mumbai, particularly in areas offering sea-facing properties and modern amenities.

The deal underscores the persistent demand for ultra-premium, high-rise properties in Mumbai's elite neighborhoods, with wealthy buyers showing preference for properties that offer both luxury living and potential for long-term appreciation. Such transactions also highlight the role of established developers in commanding premium pricing for their projects in prime locations.

Disclaimer: This news article is based on publicly available property registration records and market information. The details provided are for informational purposes only and should not be considered as investment advice. Readers are advised to conduct their own research and consult with qualified professionals before making any real estate investment decisions.