NSE CEO Invests ₹10 Crore in Luxury Mumbai Apartment: What Drove the High-Value Purchase?
Ashishkumar Manilal Chauhan, the Managing Director and CEO of the National Stock Exchange (NSE), has made a significant real estate investment by purchasing a luxurious apartment in Mumbai's iconic Lodha World Towers.
NseReal EstateMumbaiLuxury ApartmentProperty InvestmentReal Estate MumbaiOct 07, 2025
The home is on the 11th floor of the high-rise and offers nearly 2,000 square feet of built-up area, as per property documents reviewed by Liases Foras Real Estate Research & Rating Pvt Ltd. The apartment comes with three dedicated car parking spots and was officially registered on October 4, 2025. It was bought from Lodha Developers Limited, one of the top real estate developers in India. Neither Chauhan nor Lodha Developers responded to queries about the deal.
Chauhan, who heads India’s leading stock exchange, earns a gross annual pay of Rs 12.09 crore, according to NSE's annual report for 2024-25. His net annual income stands at Rs 6.78 crore, which places this property investment well within his financial reach.
Interestingly, just weeks before this deal, the Securities and Exchange Board of India (SEBI) had leased a 5-BHK luxury apartment for its Chairman, Tuhin Kanta Pandey, in the plush Prabhadevi area. The three-year rental deal started at Rs 7 lakh per month, with a total estimated cost of Rs 2.65 crore. The rented flat is in Rustomjee Crown and comes with four parking spaces.
These high-profile property deals come at a time when Mumbai's real estate market is seeing a sharp festive season spike. During Navratri and Ganesh Chaturthi 2025, the city recorded 10,630 property registrations — a 23 percent jump over last year. This brought in Rs 587 crore in revenue for the state, showing that both big names and everyday buyers are fueling the market boom.
Frequently Asked Questions
Who is Ashishkumar Manilal Chauhan?
Ashishkumar Manilal Chauhan is the Managing Director and CEO of the National Stock Exchange (NSE), one of India's leading stock exchanges.
How much did the NSE CEO pay for the apartment?
The NSE CEO, Ashishkumar Manilal Chauhan, paid nearly Rs 10 crore for the apartment in Mumbai's Lodha World Towers.
What are the features of the apartment?
The apartment is located on the 11th floor, offers nearly 2,000 square feet of built-up area, and comes with three dedicated car parking spots.
What is the annual salary of the NSE CEO?
The NSE CEO, Ashishkumar Manilal Chauhan, earns a gross annual pay of Rs 12.09 crore, with a net annual income of Rs 6.78 crore.
How is the real estate market in Mumbai performing during the festive season?
Mumbai's real estate market is experiencing a sharp festive season spike, with a 23 percent increase in property registrations during Navratri and Ganesh Chaturthi 2025, bringing in Rs 587 crore in revenue for the state.
Related News Articles
Pune's Nightlife Takes a Hit: Under-25s Barred from Popular Clubs
Following the Porsche accident case
Domestic Abuse in Pune: Woman Abducted by Husband and In-Laws, Police Investigation Underway
A shocking incident of domestic violence has come to light in Pune, where a woman was kidnapped by her husband and in-laws, sparking a police investigation.
Schneider Electric Revolutionizes India's Real Estate Market with Innovative Solutions
Schneider Electric unveiled pioneering Home Energy Management Solutions at BuildCon 2024, catering to India's growing demand for smart and sustainable homes.
US Real Estate Mogul Brandon Miller's Shocking Debt Revealed After Tragic Death
Brandon Miller, a wealthy real estate developer, had only $8,000 in his bank account despite owing $34 million in debt. His financial struggles were largely due to his lavish lifestyle and massive loans on his Hamptons mansion.
PVR INOX to Shut Down 70 Underperforming Screens in FY25
The company plans to explore the potential monetisation of non-core real estate assets located in prime areas, including Mumbai, Pune, and Vadodara.
Real Estate Slump in Indore During Diwali: High Prices and Excess Inventory Dampen Sales
Despite the festive season of Diwali, real estate sales in Indore remain sluggish, primarily due to high property prices and an oversupply of inventory.