NSE CEO Ashishkumar Chauhan Acquires Premium Worli Residence for Nearly ₹10 Crore

NSE Chief Ashishkumar Chauhan Acquires Premium Worli Residence for Nearly ₹10 Crore

The Managing Director and Chief Executive Officer of the National Stock Exchange of India, Ashishkumar Manilal Chauhan, has reportedly purchased a luxury residential unit in one of Mumbai's most prestigious addresses, Lodha World Towers in Worli, for an approximate value of ₹10 crore in October 2025.

Transaction Specifications and Property Features

According to the registered sale deed dated October 4, 2025, the apartment spans approximately 1,989 square feet of built-up area and is situated on the 11th floor of the World Towers complex in Upper Worli. The property was registered at a value of ₹9.93 crore and includes three designated car parking spaces. The seller of the unit was identified as Lodha Developers Limited, formerly known as Macrotech Developers.

Financial Context of the Acquisition

The purchase assumes additional significance when viewed against Chauhan's compensation structure. As per the National Stock Exchange's annual report for the fiscal year 2024–25, the CEO's gross annual remuneration stands at approximately ₹12.09 crore, with net income reported at around ₹6.78 crore.

Market Implications and Investment Perspective

This high-value transaction reinforces the sustained momentum in Mumbai's premium real estate segment, particularly in the Worli corridor which has emerged as one of the city's most sought-after residential destinations. The acquisition follows a broader pattern of ultra-high net worth individuals investing in luxury properties in Mumbai's prime locations.

Industry observers note that such purchases by senior corporate executives reflect not only lifestyle preferences but also signal long-term confidence in the appreciation potential of premium urban real estate. The Worli area continues to attract substantial interest from high-end property buyers and investors, driven by its central location, infrastructure development, and proximity to business districts.

The transaction adds to the growing list of significant real estate investments in Mumbai, where the luxury segment has witnessed robust activity despite broader economic considerations.

Disclaimer: This news article is based on publicly available information and property registration records. The details regarding the transaction have been reported as per available documentation. Readers are advised to verify independently before making any financial or investment decisions. This article is for informational purposes only and does not constitute financial advice.