Ex-HDFC Bank Deputy MD Paresh Sukthankar Acquires Prestigious ₹52.49 Crore Apartment in Worli
Former HDFC Bank Deputy Managing Director Paresh Sukthankar has made a high-value residential purchase, acquiring a luxury apartment at Prestige Nautilus in Worli for ₹52.49 crore. The transaction was registered on September 3, 2025.
Real EstateLuxury ApartmentMumbaiParesh SukthankarPrestige NautilusReal EstateSep 11, 2025
The apartment, Unit 3801, is situated on the 38th floor of Tower N1, Wing F. It boasts a RERA carpet area of 4,378 sq ft and a total carpet area of 5,249 sq ft. The transaction also includes four car parking spaces, making it a highly desirable property in one of Mumbai’s most prestigious neighborhoods.
The effective rate for the apartment works out to ₹1.19 lakh per sq ft on the RERA carpet area and ₹1 lakh per sq ft on the overall carpet area. This rate reflects the premium value of properties in Worli, which is known for its prime location and high-end amenities.
Sukthankar, who is now the founder and lead partner at Sanaksh Advisors LLP, has joined the ranks of other high-profile buyers driving luxury real estate transactions in Mumbai’s premium residential market. His acquisition underscores the continued interest and investment in Mumbai’s luxury real estate sector, despite economic challenges and market fluctuations.
Prestige Nautilus, developed by Prestige Estates Projects, is a premium residential project that offers a blend of luxury and modern living. The project is designed to cater to the needs of discerning buyers who seek the best in class living experiences. With its strategic location in Worli, the project offers easy access to key business districts, luxury shopping, and entertainment options.
The real estate market in Mumbai, particularly in premium areas like Worli, continues to attract significant investment from both domestic and international buyers. The high value of the transaction involving Paresh Sukthankar highlights the strong demand for luxury properties in the city, driven by factors such as limited supply, high land costs, and the desirability of prime locations.
For those interested in exploring exclusive and budget-friendly property deals in Mumbai and surrounding regions, visiting budgetproperties.in can provide valuable insights and opportunities. The platform offers a comprehensive database of properties, detailed market analysis, and expert advice to help buyers make informed decisions.
In conclusion, the acquisition of the luxury apartment by Paresh Sukthankar at Prestige Nautilus in Worli is a testament to the enduring appeal of Mumbai’s premium real estate market. It also highlights the confidence of high-net-worth individuals in the value and potential of such investments.
Frequently Asked Questions
What is the price of the apartment purchased by Paresh Sukthankar?
The apartment was purchased for ₹52.49 crore.
Where is the Prestige Nautilus located?
Prestige Nautilus is located in Worli, Mumbai.
What is the carpet area of the apartment?
The apartment has a RERA carpet area of 4,378 sq ft and a total carpet area of 5,249 sq ft.
What is the effective rate per square foot for the apartment?
The effective rate is ₹1.19 lakh per sq ft on the RERA carpet area and ₹1 lakh per sq ft on the overall carpet area.
What is Paresh Sukthankar's current role?
Paresh Sukthankar is the founder and lead partner at Sanaksh Advisors LLP.
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