Anand Rathi Promoters Buy Rs 1.32 Billion Flat in Worli
Real Estate

Anand Rathi Promoters Buy Rs 1.32 Billion Flat in Worli

The promoter family of Anand Rathi Group has purchased a luxury flat worth Rs 1.32 billion in Lodha Developers’ under-construction Lodha Sea Face project at Worli, Mumbai. The deal marks yet another high-value acquisition in the city’s most sought-after residential enclave.
The 10,538 sq ft apartment, located on the 40th floor of the tower, was bought by Pradeep Gupta, co-founder and vice-chairman of Anand Rathi Financial Services Ltd, and his wife Priti Gupta, managing director of Anand Rathi Share and Stock Brokers Ltd. The purchase includes seven parking spaces. According to property registration documents accessed by CRE Matrix, the transaction was registered on 20 August 2025.
Lodha Sea Face is an ultra-luxury development with only 30 residences. Recent buyers include Seema Singh, promoter of Alkem Laboratories, who acquired a unit for Rs 1.85 billion, and SR Menon Properties LLP, which purchased a 15,000 sq ft unit for Rs 1.87 billion.
Commenting on the trend, Abhishek Kiran Gupta, CEO and co-founder of CRE Matrix, said: “This transaction reaffirms Mumbai’s unmatched position in India’s luxury housing market. With prices crossing Rs 125,000 per sq ft, Worli continues to attract the country’s leading business families and wealth creators.”
Worli’s property market has seen a sharp surge in ultra-luxury deals. In 2024 alone, 10 homes were sold above Rs 1 billion each, compared with four in the previous year. According to Anarock Property Consultants, a total of 30 homes priced above Rs 400 million—worth Rs 48.62 billion combined—were sold in Worli in 2023 and 2024.
Other recent transactions include Tanya Dubash of Godrej Industries, who bought a duplex worth Rs 2.26 billion at Naman Xana, and Amit Rathi of QiCAP.Ai, who purchased a luxury flat at Palais Royale for Rs 900 million. The promoter family of Blue Jet Healthcare also acquired three high-end homes worth more than Rs 2.02 billion earlier this year.
Worli’s sea-facing developments, including Lodha Sea Face, Naman Xana and The Legacy, are being dubbed Mumbai’s new “billionaires’ street,” reflecting the neighbourhood’s rising dominance in India’s luxury housing landscape.

The promoter family of Anand Rathi Group has purchased a luxury flat worth Rs 1.32 billion in Lodha Developers’ under-construction Lodha Sea Face project at Worli, Mumbai. The deal marks yet another high-value acquisition in the city’s most sought-after residential enclave.The 10,538 sq ft apartment, located on the 40th floor of the tower, was bought by Pradeep Gupta, co-founder and vice-chairman of Anand Rathi Financial Services Ltd, and his wife Priti Gupta, managing director of Anand Rathi Share and Stock Brokers Ltd. The purchase includes seven parking spaces. According to property registration documents accessed by CRE Matrix, the transaction was registered on 20 August 2025.Lodha Sea Face is an ultra-luxury development with only 30 residences. Recent buyers include Seema Singh, promoter of Alkem Laboratories, who acquired a unit for Rs 1.85 billion, and SR Menon Properties LLP, which purchased a 15,000 sq ft unit for Rs 1.87 billion.Commenting on the trend, Abhishek Kiran Gupta, CEO and co-founder of CRE Matrix, said: “This transaction reaffirms Mumbai’s unmatched position in India’s luxury housing market. With prices crossing Rs 125,000 per sq ft, Worli continues to attract the country’s leading business families and wealth creators.”Worli’s property market has seen a sharp surge in ultra-luxury deals. In 2024 alone, 10 homes were sold above Rs 1 billion each, compared with four in the previous year. According to Anarock Property Consultants, a total of 30 homes priced above Rs 400 million—worth Rs 48.62 billion combined—were sold in Worli in 2023 and 2024.Other recent transactions include Tanya Dubash of Godrej Industries, who bought a duplex worth Rs 2.26 billion at Naman Xana, and Amit Rathi of QiCAP.Ai, who purchased a luxury flat at Palais Royale for Rs 900 million. The promoter family of Blue Jet Healthcare also acquired three high-end homes worth more than Rs 2.02 billion earlier this year.Worli’s sea-facing developments, including Lodha Sea Face, Naman Xana and The Legacy, are being dubbed Mumbai’s new “billionaires’ street,” reflecting the neighbourhood’s rising dominance in India’s luxury housing landscape.

Next Story
Infrastructure Urban

Designing Tomorrow: Amaravati’s Net Zero Landmark

Amaravati has achieved a defining landmark in India’s sustainable infrastructure journey with the inauguration of the APCRDA Project Office, the nation’s first government building to earn the IGBC Net Zero Energy Rating – Design Stage. Conceptualised by the Andhra Pradesh Capital Region Development Authority (APCRDA) and certified by the Indian Green Building Council (IGBC), the project exemplifies how governance, design and innovation can converge to deliver measurable environmental impact.A vision rooted in sustainabilitySet within a 4.3-acre site along the Seed Access Road in the Amar..

Next Story
Real Estate

Pidilite Elevates Construction with PPS

Pidilite Industries introduced Pidilite Professional Solutions (PPS) — a dedicated vertical for the construction and interiors ecosystem — at ACETECH Bengaluru 2025. Designed to empower architects, developers, contractors, and interior specialists, PPS delivers comprehensive support that extends far beyond products to ensure project excellence from concept to completion. Kavinder Singh, Joint Managing Director, Pidilite Industries, noted, “At Pidilite, we believe in enabling the construction fraternity to build boldly and sustainably. With Pidilite Professional Solutions (PPS),..

Next Story
Infrastructure Transport

Punjab, Centre Fast-Track Rajpura-Mohali Rail Line Development

The central government has fast-tracked the construction of the Rajpura-Mohali rail line to enhance connectivity in Punjab. This ambitious infrastructure project, aimed at improving transportation links between Rajpura and Mohali, has been identified as a key step in fostering regional economic growth. Union Minister for Railways, Ashwini Vaishnaw, announced the project’s acceleration during a recent assessment of the area. The rail line is expected to play a significant role in reducing travel time, promoting industrial growth, and boosting logistics efficiency in the region. The project,..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?