India's real estate market is experiencing a significant surge, highlighted by Leena Gandhi Tewari's record-breaking purchase of two ultra-luxurious sea-facing duplex apartments in Mumbai's Worli for ₹639 crore.
Real EstateLuxury PropertyMumbaiHighnetworth IndividualsLeena Gandhi TewariReal Estate NewsMay 30, 2025
Leena Gandhi Tewari is a prominent Indian businesswoman and Chairperson of USV Pvt Ltd, a leading pharmaceutical and biotechnology company. She has a net worth exceeding $3 billion and is one of India’s wealthiest women.
The property Leena Gandhi Tewari purchased is two ultra-luxurious sea-facing duplex apartments in Mumbai's Worli area, spanning the 32nd to 35th floors of Naman Xana. The deal is valued at ₹639 crore, making it the most expensive residential property sale ever recorded in India.
Naman Xana is a 44-storey luxury high-rise located in Worli, Mumbai. It is developed by Shree Naman Group and offers 22 exclusive residences with column-free 6,500 sq. ft. layouts, providing unique views of the sea and city.
Worli is a popular location for luxury real estate in Mumbai due to its sea-facing towers, premium retail, and superior connectivity via the Bandra-Worli Sea Link and Eastern Express Highway. It attracts high-net-worth individuals, celebrities, expatriates, and senior corporate professionals.
Notable property transactions in Worli include Tanya Dubash's purchase of a ₹225-crore duplex in Naman Xana, Uday Kotak's purchase of a Worli property for over ₹400 crore, and Yohan Poonawalla's ₹500 crore mansion purchase.
Telangana Real Estate Regulatory Authority
Real estate stakeholders demand government's focus on affordable housing in the upcoming budget
Heavy rainfall in Mumbai affects flight operations at CSMIA, IndiGo, Vistara, SpiceJet flights impacted
India's passenger vehicle market is witnessing a significant shift towards sport utility vehicles (SUVs) as sales of small cars decline. In the first quarter of FY24, SUV sales grew 18% while small car sales dropped by 17.5%. Two-wheeler sales also saw a
Delhi-NCR-based real estate developer Ashiana Housing has sold 168 housing units for ₹403.49 crore in its kids-centric project in Gurugram.
The Gujarat Real Estate Regulatory Authority (GujRERA) has launched a new initiative effective October 1, incorporating Quick Response (QR) codes in all brochures and advertisements to provide buyers with easier access to project details.