In a Rs.1,31.74 crore deal for one of the biggest residential real estate transactions in 2025, Pradeep Navratna Gupta, Vice Chairman and Co-Founder of Anand Rathi Wealth, and his wife Preeti Pradeep Gupta have bought a luxury flat at Lodha Sea Face in Worli.
As per records obtained by CRE Matrix, the transaction was completed on August 20, 2025, with the seller being Lodha Developers Ltd. The couple paid stamp duty of Rs.7.90 crore. The apartment on the 40th floor (No. 4001, Wing A) measures 10,538 sq. ft. and has seven car parking spaces.
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Industry experts highlight that the transaction underscores Mumbai’s status as India’s most premium housing market. “This more than Rs.130 crore transaction at Lodha Sea Face is yet another validation of Mumbai’s unmatched position in India’s luxury housing market. With prices crossing Rs.1.25 lakh per sq. ft., Worli continues to attract India’s top business leaders and wealth creators,” said Abhishek Kiran Gupta, CEO & Co-Founder, CRE Matrix.
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Earlier in March, SR Menon Properties LLP acquired another Lodha Sea Face apartment for Rs.187.47 crore. Mumbai has witnessed a series of record-breaking deals, including Nippon Life India Asset Management’s Rs.486 crore purchase at One Lodha Place and Vibha D Shanghvi’s dual buys worth Rs.130 crore each at Naman Xana, Worli.
Lodha Sea Face, offering panoramic Arabian Sea views and bespoke amenities, remains one of Mumbai’s most exclusive addresses. “HNIs are increasingly parking capital into luxury real estate as both a lifestyle statement and a long-term asset,” noted a senior property consultant.
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