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Which is the Most Expensive flat in India

24 Mar 2026
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Which is the Most Expensive flat in India

Which is the Most Expensive flat in India : A Most Expensive flat in India costliest flat transaction—and the data only goes up to October 2023—is a ~₹703 crore ($84+ million deal for two sea-facing duplexes in Naman Xana building at Worli Sea Face, Mumbai. The units are spread over 22,500 sq. ft. between the 32nd and 35th floors for a reported ₹2.83 lakh per sq. ft..

Important Features Of India’s Costliest Apartments

Top Billing (2025) Leena Tewari’s acquisition at Naman Xana, Worli Sea Face, Mumbai of ₹639 crore (₹703 crore with taxes).

Yesteryear Record (2023): JP Taparia bought a 27,160 sq. ft. triplex at Lodha Malabar

in Mumbai for ₹369 crore.

Luxury Hubs: Mumbai (Worli, Malabar Hill, Altamount Road) continues to be the hotspot in terms of maximum transaction volume, followed by Gurgaon’s DLF Camellias.

(Disclaimer: The Naman Xana deal was announced as the new national benchmark in mid-2025.)

As of 2026, India’s most expensive apartment sale to date is a massive sea-facing property in Mumbai, the nation’s leading destination for ultra-luxury high-rise living.

Antilia (Mukesh Ambani’s residence) remains the most expensive private home in India, at over ₹15,000 crore but it is a single-family jam house. In the case of multi-units apartment buildings, hold the records:

Naman Xana (Worli, Mumbai)

Price: ₹703 Crore

Detail: This record was achieved for Leena Gandhi Tewari (Chairperson of USV Private limited), who bought four floors (from 32nd to 35th) measuring around 22,572 square feet.

Highlight: Its ₹2.83 lakh per square foot estimated price is one of the highest ever recorded in Indian real estate.

Lodha Malabar (Malabar Hill, Mumbai)

Price: ₹369 Crore

Details: The family of JP Taparia bought a 27,160-square-foot triplex penthouse.

You’ll Be: It’s world-famous neighbourhood with landmark view → Arabian Sea and marine drive “Queen’s Necklace” designed.

Three Sixty West (Worli, Mumbai)

Price: ₹120 Crore – ₹150 Crore+ (For different units)

Details: The project hit the headlines for a bulk transaction of over ₹1,200 crore by the Radhakishan Damani family (founder of DMart) for several units.

Highlight: The building is operated by The Ritz-Carlton, offering residents hotel-grade luxury services, private lounges and top-quality spa facilities.

DLF The Camellias (Gurgaon | Golf Course Road)

Price ₹100 Crore – ₹114 Crore+

Detail: This is the costliest apartment address in North India. Recent secondary-market transactions for big penthouses (those larger than 11,000 sq. In addition, many films (domestic and international) have crossed the ₹100 crore mark (₹1 billion or $13.39 million as on 1 Oct, 2023 at ₹74-$ dollar).

Highlight: Also known for its “billionaire resident profile,” home to leading CEOs and startup founders, with world class 9-hole golf course views.

A Comparison of Elite Apartments in India (2026)

Apartment Project City Estimated Top Price Key Feature
Naman Xana Mumbai ₹703 Cr Record for highest per-sq-ft rate
Lodha Malabar Mumbai ₹369 Cr Massive triplex with 360-degree sea views
Three Sixty West Mumbai ₹150 Cr+ Managed by The Ritz-Carlton
DLF The Camellias Gurgaon ₹114 Cr Most expensive address in Delhi-NCR
Kingfisher Towers Bangalore ₹50 Cr+ Built on the ancestral land of Vijay Mallya

Frequently Asked Questions

Do I need a lawyer to buy property in Gurgaon and NCR?

For anything beyond a simple, clean deal it helps. A lawyer vets the title, the agreement and the approvals, which is cheap insurance against a costly mistake.

What is a builder-buyer agreement?

It is the core contract between you and the developer, setting the price, payment plan, area, specifications and possession date. Read it fully before signing.

What is an occupancy certificate and why does it matter?

It certifies a building is legally fit to occupy. Never take possession of a completed home without it, since it affects loans, utilities and resale.

What is mutation and why is it important?

Mutation updates the ownership in municipal and revenue records after a sale. Without it the property tax and records still point to the old owner, so get it done.

What credit score do I need for a home loan?

Lenders prefer a healthy score, usually in the mid-700s and above, for the best rates. A lower score can still get a loan but often at a higher rate.

Can I claim tax benefits on a home loan?

Yes, home-loan principal and interest carry deductions under the income tax rules, subject to limits and conditions. Confirm the current rules or ask a tax adviser.

What is the difference between freehold and leasehold?

Freehold gives you full, permanent ownership of the property and land; leasehold runs for a fixed term from an authority. Freehold is generally simpler to resell.

How do I check a builder's track record?

Look at delivered projects, delivery delays, the RERA record and buyer reviews. A builder with a clean, on-time record lowers your risk sharply.

What red flags should I watch for when buying?

Unclear title, missing approvals or RERA, pending dues, a builder with delays, and prices far below the market. If something feels rushed, slow down and verify.

What is the difference between capital appreciation and rental yield?

Appreciation is the rise in the property value over time; rental yield is the annual rent as a share of the price. Most Indian homes give modest yield and rely on appreciation.

How much should I keep as a buffer beyond the price?

Set aside for stamp duty, registration, GST where it applies, interiors, and a contingency. A buffer of a meaningful share above the base price is prudent.

Is a home loan pre-approval useful?

Yes, a pre-approved loan tells you your budget, speeds up booking and strengthens your negotiating position with sellers. Get it before you shortlist seriously.

How do I choose between two similar projects?

Compare the builder record, RERA status, carpet area, real amenities, connectivity and total cost, not just the headline price. Visit both before deciding.

What stamp duty and registration charges apply in Gurgaon and NCR?

Stamp duty and registration vary by state and are usually a few percent of the property value, with a small rebate for women buyers in many states. Confirm the current Gurgaon and NCR rate before you budget.

How much home loan can I get to buy in Gurgaon and NCR?

Most buyers get a loan for 75-90% of the value, tied to income and credit score. Our home loan by salary guide shows the ranges.

What documents do I need to buy property in Gurgaon and NCR?

Identity and address proof, PAN, income papers for a loan, and the property title chain, approvals and latest tax receipts. Keep both sides KYC ready for registration.

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