Heena Lalwani of Aatman Innovations Buys ₹113 Crore Luxury Apartment in Mumbai’s Juhu
Heena Lalwani, the promoter of Aatman Innovations Private Limited, a company engaged in publishing, distributing, and marketing books, has purchased a luxury apartment for ₹113.42 crore in Mumbai’s Juhu, according to property registration documents accessed by Zapkey.com.
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.
An email query sent to Lodha Developers did not receive a response, and the buyer could not be reached for a comment. This significant purchase in Juhu highlights the continued interest in the area, which is known for its prime real estate and celebrity residents.
Financial consulting company Sahastraa Advisors Private Limited bought a luxury apartment in the same building in Juhu for ₹106.52 crore in January 2025. V Hotels Ltd, which was acquired by Lodha Developers last year, is constructing the project. The MahaRERA completion date is September 2028.
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. Juhu is a prime locality in Mumbai's western suburbs and is also home to several Bollywood celebrities.
Bollywood stars, including Amitabh Bachchan, Varun Dhawan, Ajay Devgn, Shahid Kapoor, and Kartik Aaryan, own properties in the Juhu area of Mumbai. The area is known for its luxurious lifestyle and proximity to the city’s entertainment and business hubs, making it a highly sought-after location for high-net-worth individuals and celebrities.
The purchase by Heena Lalwani underscores the ongoing demand for premium real estate in Juhu, which continues to attract significant investments despite the economic challenges faced by the real estate sector. The location's reputation and the quality of the developments being built by leading developers like Lodha are key factors driving this trend.