First Luxury Real Estate Deal of 2024 - Vratika Gupta, CEO of Maison Sia Buys 116 Cr Home in Oberoi 360 West

South Mumbai, predictably, has delivered the first big ticket size luxury real estate deal of 204 in Mumbai.

Vratika Gupta, the founder and CEO of luxury home decor store Maison Sia, has set a new benchmark in Mumbai's real estate market by acquiring a sea-view residence in the exclusive Worli locality for ₹116.2 crore.

This marks the Mumbai's first major residential transaction of 2024 in the luxury segment.

Gupta's new home is part of the Oberoi Three Sixty West, renowned for its high-end properties. The apartment spans a carpet area of 12,138 square feet and is valued at about ₹1 lakh per square foot.

The registration of this property on January 7 came with a hefty stamp duty of over ₹5.82 crore and includes exclusive rights to eight car parking slots.