EaseMyTrip Co-Founder Acquires Luxury Apartment in Mumbai for ₹15.9 Cr

Rikant Pittie, co-founder and CEO of EaseMyTrip, a prominent travel and tourism platform, has made a significant real estate investment by purchasing a luxury apartment in Mumbai's Andheri West for ₹15.9 crore. The apartment was sold at a per sq ft rate of over ₹70,000 on a carpet basis, marking the highest rate in the western suburbs, according to property registration documents accessed by Zapkey.com.

The apartment is located on the 39th floor of the DLF The West Park project in Andheri West, Mumbai. It measures 2,078 sq ft with RERA carpet area and includes an additional 162 sq ft of balcony area, bringing the total to 2,240 sq ft. On the RERA carpet basis, the apartment sold for ₹76,500 per sq ft, while on the carpet basis, it sold for ₹70,967 per sq ft, as reported by Zapkey.

This purchase follows Pittie's earlier real estate investment, where he bought a commercial property in Gurugram for ₹99.34 crore. The apartment in Andheri West, registered on November 14, 2025, includes three parking spaces. The transaction involved a stamp duty of over ₹95 lakh and a registration fee of ₹30,000.

The second-highest reported per sq ft rate in the western suburbs is the sale of an 8,500 sq ft penthouse in Mumbai's Goregaon for ₹55 crore, at over ₹64,000 per sq ft. This property, sold last month in the Oberoi Elysian building, was reported by Hindustan Times Real Estate.

EaseMyTrip, co-founded by Rikant Pittie, is a leading online travel agency that provides a wide range of travel services, including flight bookings, hotel reservations, and holiday packages. The company has been expanding its footprint in the travel and tourism sector, and Pittie's recent real estate investments reflect his growing influence and financial success.

In the context of the real estate market, such high-value transactions by tech moguls like Pittie highlight the increasing interest in luxury properties, especially in prime locations. The demand for premium real estate in areas like Andheri West, known for its connectivity and lifestyle amenities, continues to rise, driving property prices to new heights.

An email query has been sent to DLF and EaseMyTrip for further details on the transaction. The story will be updated if a response is received.

In 2023, Deep Kalra, founder and chairman of MakeMyTrip, sold an apartment in DLF Magnolias in Gurugram to Rajesh Magow, co-founder and Group CEO, for ₹33 crore. This transaction, along with Pittie's recent purchases, underscores the trend of high-net-worth individuals from the tech and travel sectors investing in premium real estate.

The real estate market in Mumbai, particularly in the western suburbs, has been witnessing a surge in luxury property sales. The high per sq ft rates achieved in these transactions reflect the strong demand and the premium placed on location and quality. As the market continues to evolve, it is likely that more such high-value deals will be seen in the coming years.