Suzlon VC’s Wife Acquires Luxury Mumbai Flat for Rs 123 Crore
In one of the most expensive residential property deals in the country, Radha Girish Tanti, wife of Girish Tanti, the vice chairman of Suzlon Energy, has bought a 7,139 sq ft property in the Worli area of Mumbai. The seller, Ravi Raheja, is the group president at the Mumbai-based K Raheja group. The transaction was completed for Rs 123.51 crore.
The apartment, located in Artesia on Hind Cycle Marg in Worli, boasts a carpet area of 6,772.28 sq ft and a balcony area of 367.05 sq ft, transacting at a rate of Rs 1,73,000 per sq ft. The property also includes six car parkings.
According to data accessed through CRE Matrix, a real estate data analytics firm, the buyer has paid a stamp duty of Rs 6.17 crore for the transaction. Despite multiple attempts to seek comments, neither the Suzlon group nor K Raheja responded to the queries.
Worli, a prime residential area in Mumbai, has witnessed a series of high-value residential deals in recent years. In May 2025, Leena Gandhi Tewari, chairperson of pharmaceutical firm USV, acquired a sea-facing duplex in the area for Rs 639 crore, marking India’s second-costliest residential deal at Rs 2,83,000 per sq ft.
During the same month, banker Uday Kotak bought eight apartments in 19 Shiv Sagar, a three-storey property in Worli, for Rs 131.55 crore. One of the properties was purchased at a rate of Rs 2,89,000 per sq ft, according to reports. Earlier in the year, Kotak had also bought 12 apartments in the same complex for Rs 201 crore.
The K Raheja group, founded by Chandru Raheja and his sons Ravi and Neel Raheja, is a prominent player in the real estate and retail sectors. The group owns well-known brands such as Shopper’s Stop and Mindspace Business Parks REIT. Besides commercial complexes, it also owns Inorbit Malls and K Raheja Homes, a residential developer.
These high-profile transactions highlight the enduring appeal of luxury real estate in Mumbai, particularly in prime locations like Worli. The area continues to attract wealthy buyers and investors, driven by its strategic location and the prestige associated with owning property in one of the city's most coveted neighborhoods.