Anand Rathi Wealth Co-Founder Acquires Luxurious Mumbai Apartment in Worli for ₹131 Crore
Pradeep Gupta, co-founder and vice chairman of Anand Rathi Wealth, and his wife, Preeti Gupta, have purchased a 10,538-square-foot luxury apartment in the prestigious Worli Sea Face area of Mumbai for ₹131 crore.
Mumbai Real EstateLuxury ApartmentsAnand Rathi WealthLodha Sea FaceWorliReal EstateAug 22, 2025
The documents reveal that the 10,538-square-foot apartment has been purchased on the 40th floor of the sea-facing building. The apartment, along with seven car parks, was purchased at ₹1.25 lakh per square foot. The transaction was registered on August 20, 2025, and a stamp duty of ₹7.90 crore, along with a registration fee of ₹30,000, was paid.
Lodha Sea Face is one of the most sought-after luxury residential projects in Mumbai, known for its premium high-rises and sea-facing apartments. The project is located in the heart of Worli, a prime location in South Mumbai. Worli is home to several luxury properties and has seen a steady growth in the real estate market, particularly in the luxury segment.
Earlier this year, Amit Rathi, co-founder of QiCAP.AI, purchased a luxury apartment worth ₹89.91 crore in India's tallest building, Palais Royale, also located in Worli. The apartment, spanning 7,685 square feet, was purchased on the 62nd floor at ₹1.17 lakh per square foot.
Last year, financial expert Anand Rathi and his family added three luxury apartments to their real estate portfolio, purchased for ₹98.94 crore in Mumbai’s upscale Worli locality. One of the residential units was acquired in Raheja Artesia for ₹33.70 crore, while two units were purchased in Tower B of Birla Niyaara Phase 2 for a combined price of ₹65.23 crore.
Worli, known for its premium high-rises and sea-facing apartments, has seen several luxury properties sold for ₹1 lakh to ₹1.60 lakh per square foot. In the same project, Lodha Sea Face, SR Menon Properties LLP had purchased a 14,866-square-foot apartment in March 2025 at a little over ₹1.26 lakh per square foot.
The project Lodha Sea Face is around 1 km away from the luxury project Naman Xana, which made headlines in May 2025 for selling a luxury apartment for almost ₹3 lakh per square foot. Leena Gandhi Tewari, chairperson of pharmaceutical giant USV, purchased two ultra-luxury, sea-facing duplex apartments in the upscale Worli area for a staggering ₹639 crore. Including taxes, the total transaction value rose to ₹703 crore, setting a new national record. The per square foot rate of nearly ₹3 lakh makes it the most expensive residential property deal ever recorded in India, highlighting the continued surge in the ultra-luxury real estate market in the financial capital.
While sales in the above ₹40 crore units have softened a bit in the last year, the data indicates that sales for units in the price range of ₹10 crore to ₹20 crore and ₹20 crore to ₹40 crore have grown consistently, according to data from India Sotheby’s International Realty and CRE Matrix.
Frequently Asked Questions
What is the value of the luxury apartment purchased by Pradeep Gupta in Worli?
The luxury apartment purchased by Pradeep Gupta in Worli is worth ₹131 crore.
Who is the developer of the Lodha Sea Face project?
The Lodha Sea Face project is developed by Lodha Developers.
What is the size of the apartment purchased by Pradeep Gupta?
The apartment purchased by Pradeep Gupta is 10,538 square feet in size.
What is the per square foot rate of the apartment purchased by Pradeep Gupta?
The apartment was purchased at ₹1.25 lakh per square foot.
What other luxury properties have been recently purchased in Worli?
Recently, Amit Rathi purchased a luxury apartment in Palais Royale for ₹89.91 crore, and Leena Gandhi Tewari purchased two ultra-luxury duplex apartments for ₹703 crore, setting a new national record.
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