Anand Rathi Group Acquires Lavish 10,538-sq-ft Flat in Mumbai's Worli for ₹131.7 Crore
The Anand Rathi Group promoter family has made a significant investment in luxury real estate by purchasing a 10,538-sq-ft flat in Lodha Developers' Sea Face project in Worli, Mumbai, for ₹131.7 crore. This deal underscores the growing trend of high-net-worth individuals investing in premium properties in the city.
Luxury Real EstateMumbaiWorliAnand Rathi GroupLodha DevelopersReal Estate MumbaiAug 22, 2025
The flat, located on the 40th floor of the Lodha Sea Face luxury tower, comes with seven parking spots. The property was purchased 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, according to registration documents accessed by CRE Matrix, a real estate data analytics firm. The property was registered on August 20.
The Guptas join a growing list of prominent homebuyers at the Lodha Sea Face project, which has only 30 residences. In December, Seema Singh, one of the promoters of Alkem Laboratories, bought a flat in the same project for ₹185 crore. SR Menon Properties LLP also purchased a nearly 15,000-sq-ft unit for ₹187.47 crore.
“The latest transaction at Lodha Sea Face is yet another validation of Mumbai’s unmatched position in India’s luxury housing market. With prices crossing ₹1.25 lakh per sq ft, Worli continues to attract the country's top business leaders and wealth creators, reaffirming that Mumbai remains the ultimate destination for luxury real estate investment,” said Abhishek Kiran Gupta, CEO and co-founder of CRE Matrix. A Lodha spokesperson did not respond to queries, and the Guptas could not be reached for comment immediately.
Worli's luxury property rush is creating a new 'billionaire's street' in the heart of the city. Projects such as Naman Xana, The Legacy, and Lodha Sea Face are attracting high-net-worth individuals and prominent business families. In 2024, 10 homes in Worli were sold for over ₹100 crore each, compared to four the previous year. In total, 30 homes priced above ₹40 crore, worth a combined ₹4,862 crore, were sold in Worli in 2023 and 2024, according to Anarock Property Consultants.
Prominent business families and C-Suite executives have continued to snap up luxury real estate in Mumbai this year, especially at Worli. Earlier this year, Shaula Real Estates Pvt Ltd, which lists Tanya Arvind Dubash, executive director and chief brand officer of Godrej Industries Ltd, as one of its directors, bought a duplex apartment for ₹225.76 crore in Naman Xana.
Amit Rathi, co-founder of global quantitative multi-asset trading and investments platform QiCAP.Ai, and part of the Anand Rathi Financial Services' promoter family, also purchased a luxury apartment in the Palais Royale project at Worli for around ₹90 crore. The promoter family of drugmaker Blue Jet Healthcare also joined the rush, snapping up three high-end homes for over ₹202 crore this year. Blue Jet Healthcare chairman Akshay Bansarilal Arora bought two 7,669-sq-ft units in Palais Royale for ₹57.14 crore each, while managing director Shiven Akshay Arora snapped up a 7,747-sq-ft apartment in Raheja Artesia for ₹88 crore.
This surge in luxury property investments in Worli reflects the growing demand for premium living spaces in Mumbai, driven by the city's economic prowess and the desire of high-net-worth individuals to invest in prime real estate.
Frequently Asked Questions
What is the size and cost of the flat purchased by the Anand Rathi Group?
The flat purchased by the Anand Rathi Group is 10,538 sq ft and was bought for ₹131.7 crore.
Who are the buyers of the flat in the Lodha Sea Face project?
The flat was purchased 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.
How many residences are there in the Lodha Sea Face project?
The Lodha Sea Face project has only 30 residences.
What other prominent deals have been made in the Worli area?
Notable deals in Worli include Seema Singh of Alkem Laboratories buying a flat for ₹185 crore, SR Menon Properties LLP purchasing a nearly 15,000-sq-ft unit for ₹187.47 crore, and Tanya Arvind Dubash buying a duplex apartment for ₹225.76 crore in Naman Xana.
Why is Worli considered a prime location for luxury real estate?
Worli is considered a prime location for luxury real estate due to its prime sea-facing properties, high property values, and the presence of many high-net-worth individuals and business leaders.
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