Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.

The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.

Lodha Developers did not respond to queries regarding the transaction, while the buyer was unavailable for comment.

This purchase follows a similar deal earlier in the year, when Sahastraa Advisors Private Limited bought a luxury apartment in the same building for Rs 1.07 billion in January 2025.

The project is being developed by V Hotels Ltd, which was acquired by Macrotech Developers (Lodha) in 2024 after the NCLT Mumbai Bench approved the takeover. The development, with a MahaRERA completion date of September 2028, stands on the site of the former Tulip Star Hotel, earlier known as the iconic Centaur Hotel.

Juhu continues to be one of Mumbai’s most coveted addresses, home to several Bollywood celebrities including Amitabh Bachchan, Varun Dhawan, Ajay Devgn, Shahid Kapoor, and Kartik Aaryan.