Leena Gandhi Tewari Breaks Records with ₹639 Crore Duplex Purchase in Worli
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
These duplex apartments span the 32nd to 35th floors of Naman Xana, a 44-storey luxury high-rise by Shree Naman Group, located just 150 meters above Worli Seaface. Designed by Talaty & Partners LLP, the building offers 22 exclusive residences with column-free 6,500 sq. ft. layouts that provide unique views of the sea and city. Tewari’s two units collectively cover 22,572 sq. ft., valuing the deal at ₹2.83 lakh per sq. ft., making it a rarity even in Mumbai's elite property market.
Apart from the scale of the transaction, Leena Gandhi Tewari's name has also drawn attention. With a net worth exceeding $3 billion, she is one of India’s wealthiest women and heads the privately held pharmaceutical and biotechnology giant USV Pvt Ltd. The company, founded in 1961 by her grandfather Vithal Balkrishna Gandhi, is a market leader in India's oral anti-diabetic and cardiovascular drugs segment. Tewari holds a B.Com. degree from the University of Bombay and an MBA from Boston University.
Her husband, Prashant Tewari, currently serves as the Managing Director of USV, while their daughter Aneesha (Ph.D. in molecular biology from MIT) and son Vilas (a computer science graduate from Boston University) serve on the company's board.
Moreover, Tewari joins a list of elite buyers at Naman Xana. According to Moneycontrol, Tanya Dubash, the daughter of Godrej Industries Chairman Adi Godrej, also bought a ₹225-crore duplex in the same tower.
Mumbai continues to dominate the luxury real estate segment in India. Earlier this year, billionaire banker Uday Kotak and family reportedly purchased a Worli property for over ₹400 crore. In 2024, industrialist Yohan Poonawalla and his wife Michelle made headlines with a reported ₹500 crore mansion purchase.
In March 2025, SR Menon Properties LLP acquired a ₹187.47 crore apartment in Lodha Sea Face, another luxury project by Macrotech Developers Ltd. in Worli. These high-value transactions highlight the consistent demand for premium real estate in India's prime urban locales.
As India sees exponential growth in the real estate sector, Worli has emerged as a powerhouse in Mumbai's high-end residential market. In 2024 alone, the locality recorded 683 residential registrations across both primary and secondary markets, totaling a transaction value of ₹7,326 crore. As of December 2024, the average property price stood at ₹84,754 per sq. ft. Known for its sea-facing towers, premium retail, and superior connectivity via the Bandra-Worli Sea Link and Eastern Express Highway, Worli continues to attract high-net-worth individuals (HNIs), celebrities, expatriates, and senior corporate professionals seeking luxury, convenience, and long-term value.
Frequently Asked Questions
Who is Leena Gandhi Tewari?
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.
What is the significance of the property Leena Gandhi Tewari purchased?
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.
What is Naman Xana?
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.
Why is Worli a popular location for luxury real estate in Mumbai?
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.
What other notable property transactions have occurred in Worli recently?
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.
Related News Articles
Political Shakeup in Maharashtra: Chhagan Bhujbal's Meeting with Sharad Pawar Sparks Speculation
Amid rumors of his exit from NCP, Bhujbal meets Pawar, fuelling speculation about his next move ahead of Maharashtra assembly elections
Mumbai's Real Estate Market Sees Shift Towards Larger Flats
Mumbai's property buyers increasingly demanding larger flats, leading to a surge in registrations
Centre Revises LTCG Indexation on Real Estate: A Big Relief for Home Buyers
The Centre has rolled back its decision to remove indexation benefits on real estate, giving taxpayers the option to calculate capital gains tax on real estate properties.
Kolte-Patil Developers' CFO Khiroda Jena Quits to Pursue New Opportunities
Khiroda Jena, the Chief Financial Officer (CFO) of Pune-based realty firm Kolte-Patil Developers, has resigned from his position to explore new professional opportunities.
Swedish Real Estate Giant SBB Secures EUR 2.78 Billion Bond Exchange to Strengthen Financial Position
SBB, one of the leading players in Sweden's real estate market, has successfully completed a EUR 2.78 billion bond exchange, significantly enhancing its financial flexibility and reducing its overall debt burden.
Kajol Invests in Prime Mumbai Real Estate with Rs 29 Crore Purchase
Bollywood actress Kajol has made a significant investment by acquiring a prime retail space in Mumbai for Rs 29 crore. The transaction, which has been confirmed through real estate documents, underscores the growing trend of celebrities diversifying their