Anand Rathi Wealth Co-Founder Buys Luxury Apartment in Mumbai’s Worli for ₹131 Crore
Pradeep Gupta, co-founder and vice chairman of Anand Rathi Wealth, and his wife, Preeti Gupta, have purchased a luxury 10,538 sq ft apartment in the prestigious Lodha Sea Face, Worli, for ₹131 crore.
Mumbai Real EstateLuxury ApartmentsAnand Rathi WealthWorliHighend PropertyReal Estate MumbaiAug 22, 2025
The documents show that the 10,538-square-foot apartment has been purchased on the 40th floor of the sea-facing building. According to the documents, the apartment and seven car parks were purchased at ₹1.25 lakh per square foot. The property registration documents reveal that 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.
An email query has been sent to Lodha Developers, while Pradeep Gupta could not be reached for comment. If a response is received, the story will be updated. 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 in Mumbai's Worli, according to the property registration documents accessed by Zapkey.com.
The documents show that the apartment was purchased on the 62nd floor of India's tallest building, which is around 320 metres in height, in Central Mumbai's Worli. According to the documents, the apartment has a built-up area of 7,685 sq ft and was purchased at ₹1.17 lakh per sq ft. Last year, financial expert Anand Rathi and family added three luxury apartments to their real estate portfolio, purchased for ₹98.94 crore in Mumbai’s upscale Worli locality.
One of the three residential units was acquired in Raheja Artesia for ₹33.70 crore, the documents showed. The apartment, spanning 2,964 square feet of RERA carpet area, was purchased in the names of Supriya Amit Rathi, Jiya Amit Rathi, and Tanisha Amit Rathi. The deal was registered on September 13 and named K Raheja Corp Pvt Ltd as the seller. Two of the three units were purchased in Tower B of Birla Niyaara Phase 2 for a combined price of ₹65.23 crore. According to the documents, the deals were registered on August 22 and September 13 and included a stamp duty of ₹3.91 crore. Each unit is 330.15 square metres in size and purchased from Birla Estates Private Ltd.
Worli is one of South Mumbai’s most sought-after luxury residential markets, known for its premium high-rises and sea-facing apartments. In the same project named Lodha Sea Face, where Pradeep Gupta has purchased an apartment, SR Menon Properties LLP had purchased the 14,866 sq ft apartment in March 2025. The documents show that the apartment measuring over 14,865 sq ft was sold at a little over ₹1.26 lakh per sq ft. Worli, according to local brokers, has seen several luxury apartments sold for ₹1 lakh to ₹1.60 lakh per sq ft in the past.
The project Lodha Sea Face is around 1 km away from the luxury project Naman Xana, which was in the news in May 2025 for selling a luxury apartment for almost ₹3 lakh per sq ft. 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 and highlights the continued surge in the ultra-luxury real estate market in the financial capital.
Frequently Asked Questions
Who purchased the luxury apartment in Worli, Mumbai?
Pradeep Navratna Gupta, co-founder and vice chairman of Anand Rathi Wealth, and his wife, Preeti Gupta, purchased the luxury apartment in Worli, Mumbai.
What is the price of the luxury apartment purchased by Pradeep Gupta?
The luxury apartment was purchased for ₹131 crore.
Where is the luxury apartment located?
The luxury apartment is located in the Lodha Sea Face building on the 40th floor in Worli, Mumbai.
What is the size of the luxury apartment?
The luxury apartment is 10,538 square feet in size.
When was the transaction registered?
The transaction was registered on August 20, 2025.
Related News Articles
Shivaji Maharaj Statue Collapse Sparks Political Frenzy in Maharashtra
A statue of Chhatrapati Shivaji Maharaj, the founder of the Maratha Empire, collapsed on Monday at a fort in Maharashtra's Sindhudurg district, triggering a massive political uproar.
hBits Raises Rs 40 Crore to Expand Fractional Ownership Platform
hBits, a platform that facilitates fractional ownership of commercial real estate, has raised Rs 40 crore from investors. This will help the company grow its AI-driven technology and offer high-quality properties to a broader audience, starting with a min
Rs 23 Crore Cheating Case Against Real Estate Firm Directors in Mumbai
Mumbai: The police have registered a Rs 23 crore cheating case against Kamala Mills owner Ramesh Govani and directors of Shivam Parivar Developers Pvt Ltd over complaints by two companies.
Embassy Group Appoints Jitendra Virwani as New Chairman and Aditya Virwani as CEO
Embassy Group, a leading real estate developer in India, has announced the appointment of Jitendra Virwani as the new Chairman and Aditya Virwani as the Chief Executive Officer (CEO). These strategic moves aim to further solidify the company's position in
Hyderabad's Peripheral Areas Fuel Real Estate Boom
The West Periphery micro-market in Hyderabad is experiencing a surge in upscale residential developments, driven by its proximity to commercial hubs. This growth is reshaping the city's real estate landscape and attracting both investors and homebuyers.
Mumbai Housing Market Booms with 11% Increase in Q4 Sales; Worli Emerges as a Luxury Hotspot
In the fourth quarter, Mumbai's housing market witnessed a significant 11% surge in sales, totaling ₹68,025 crore. Leading developers like Lodha and Godrej Properties have contributed substantially, with Worli becoming a premier destination for ultra-luxu