Heena Lalwani of Aatman Innovations Acquires ₹113 Crore Luxury Apartment in Mumbai’s Juhu
Heena Lalwani, the promoter of Aatman Innovations, has purchased a luxury apartment in Juhu, Mumbai, for ₹113.42 crore. The 9,862 sq ft apartment, located in Lodha Developers’ Avalon Towers, was bought at ₹1.15 lakh per sq ft.
Real EstateLuxury ApartmentMumbaiJuhuAatman InnovationsReal EstateAug 21, 2025
The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was bought at ₹1.15 lakh per sq ft and includes five car parking spaces, the documents showed. The transaction was registered on August 18, 2025, and a stamp duty of ₹6.80 crore and a registration fee of ₹30,000 were paid.
The apartment is part of a project being constructed by V Hotels Ltd, which was acquired by Lodha Developers last year. The MahaRERA completion date for the project is September 2028. Despite the significant investment, an email query sent to Lodha Developers did not receive a response, and the buyer could not be reached for a comment.
Financial consulting company Sahastraa Advisors Private Limited bought a luxury apartment in the same building in Juhu for ₹106.52 crore in January 2025. This highlights the ongoing interest in luxury real estate in this prime locality of Mumbai.
Juhu, a prime locality in Mumbai's western suburbs, is known for its high-end residential properties and is home to several Bollywood celebrities. In April 2024, the National Company Law Tribunal, Mumbai Bench (NCLT), had approved Macrotech Developers to acquire Mumbai-based V Hotels Ltd, owner of Tulip Star in Juhu, earlier known as the iconic Centaur Hotel.
The area continues to attract significant investments from both individuals and corporate entities. Bollywood stars, including Amitabh Bachchan, Varun Dhawan, Ajay Devgn, Shahid Kapoor, and Kartik Aaryan, own properties in the Juhu area of Mumbai. This further underscores the appeal and value of real estate in this prestigious neighborhood.
Aatman Innovations Private Limited, founded by Heena Lalwani, is a leading player in the publishing and distribution industry. The company's recent acquisition in Juhu reflects the growing trend of high-net-worth individuals and corporate entities investing in luxury real estate in prime locations. With the ongoing development and increasing demand, Juhu remains a sought-after destination for both residential and commercial properties.
Frequently Asked Questions
Who is Heena Lalwani?
Heena Lalwani is the promoter of Aatman Innovations Private Limited, a company engaged in publishing, distributing, and marketing books. She recently purchased a luxury apartment in Juhu, Mumbai, for ₹113.42 crore.
What is the location of the luxury apartment?
The luxury apartment is located on the 10th floor of Lodha Developers’ Avalon Tower in Juhu, Mumbai.
How much did Heena Lalwani pay per square foot?
Heena Lalwani paid ₹1.15 lakh per sq ft for the 9,862 sq ft luxury apartment.
When was the transaction registered?
The transaction was registered on August 18, 2025.
What other notable real estate transactions have occurred in Juhu recently?
Financial consulting company Sahastraa Advisors Private Limited bought a luxury apartment in the same building in Juhu for ₹106.52 crore in January 2025. Additionally, several Bollywood stars own properties in the Juhu area of Mumbai.
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