Which is the most expensive flat in Mumbai : On the top end, May 2025 saw Leena Gandhi Tewari purchase two sea-facing duplexes in Worli, Mumbai for a total of ~₹703 crore ($84+ million), making it the most expensive apartment deal in India. It is based in the Naman Xana tower and set a record at around ₹2.83 lakh per sq ft.
Most Expensive Property: Two duplexes on the 32nd-35th floors of Naman Xana, Worli Sea Face
Total Price: ₹703 Crore (tax months included), 22,572 sq ft.
Price Per Sq Ft: More than ₹2.83 lakh ($3,300+)
Terra Firma Buyout Fund: Leena Gandhi Tewari, Chairperson of USV Pharma.
Other Top Deals:
A ₹369 crore triplex in Lodha Malabar (Malabar Hill) and a deal for the same Naman Xana building by Tanya Dubash worth ₹226 crore.
Prime Locations: Currently, Worli Sea Face and Malabar Hill are among the most costly real estate centers in the nation.
The title of Mumbai’s most expensive flat has returned to a monstrous, sea-facing duplex deal in Worli that broke records for both value and per-square-foot cost.
NAAMAN XANA (Worli Sea Face) – THE RECORD HOLDER
Price: ₹703 Crore (around $85 million)
The Deal: In May 2025, Leena Gandhi Tewari (the Chairperson of USV Private Limited) bought two sea-facing duplex apartments across the 32nd to 35th floors.
Total Area: ~22,572 square feet.
Key Stat: At an estimated ₹2.83 lakh per sq ft, this transaction is the most expensive in the country ever paid for a residence.
Other Ultra-Luxury Residences in Mumbai (2026)
The Naman Xana deal holds the absolute record, but these are the most sought-after properties among the city’s elite:
| Property Name | Location | Estimated Top Price | Notable Resident/Fact |
| Lodha Malabar | Malabar Hill | ₹369 Cr+ | Known for a massive 27,160 sq. ft. triplex sale. |
| 19 Shiv Sagar | Worli | ₹400 Cr+ | Uday Kotak recently consolidated this entire building. |
| Three Sixty West | Worli | ₹150 Cr+ | Managed by The Ritz-Carlton; home to several billionaires. |
| Palais Royale | Lower Parel | ₹405 Cr | A recent bulk deal by Metro Brands promoters. |
| Raheja Artesia | Worli | ₹123 Cr | A 44th-floor deal recently closed by the Tanti family. |
Why Worli Has Taken Over Malabar Hill
In the past, however, Malabar Hill was king of luxury. But Worli has become the new “Billionaire’s Row” owing to:
Modern Skyscrapers: Newer buildings have towering floor-to-ceiling glass and “mansion in the sky” layouts that old-money neighborhoods don’t.
Connectivity: Close to the Bandra-Worli Sea Link, and also an upcoming Coastal Road.
Luxury Management: Five-star hotel service (i.e. Ritz-Carlton) infused directly in-residence at works like Three Sixty West.
Intuition: Difference Between Apartments vs. Private Mansions
It’s crucial to differentiate “flats” and “private bungalows”:
The Most Expensive Flat: Naman Xana (Worli) ₹703 Crore
Most Expensive Private Home: Antilia (Altamount Road) – ₹ 15,000 Crore+
Listilegal; Hibernia-Penthouse: Jattiya House or Lincoln House the Most Expensive Plot Worth 4,000 Crore to 7.500 Crore as Individual Land Parcels.)
List of Mumbai’s Most Costly Flat Transactions (2026)
This table encompasses individual apartment units or combined colleagues within a residential tower, in contrast to standalone private bungalows.
| Rank | Property | Location | Estimated Sale Price | Size (Approx.) | Unique Feature |
| 1 | Naman Xana | Worli Sea Face | ₹703 Crore | 22,572 Sq Ft (Combined) | Holds the national record for price per sq ft at ₹2.83 Lakh. A sea-facing duplex from the 32nd to 35th floors. |
| 2 | Lodha Malabar | Malabar Hill | ₹369 Crore+ | 27,160 Sq Ft (Triplex) | Purchased by the JP Taparia family. Features a massive private terrace and direct Queen’s Necklace views. |
| 3 | 19 Shiv Sagar | Worli Sea Face | ₹400 Crore+ | Entire Building | Acquired by Uday Kotak for his family. While it is an entire structure, it is a single residential entity and holds a unique, massive floor-plate. |
| 4 | Raheja Artesia | Worli | ₹123 Crore | 44th Floor Duplex | A recently recorded sale by the Tanti family (Suzlon Energy). Known for ultra-tall, floor-to-ceiling glass and privacy. |
| 5 | Three Sixty West | Worli | ₹150 Crore+ | Varies (11,000+ sq ft) | A Ritz-Carlton branded residence. Known for hotel-grade luxury services and a private resident’s club. |
Top Line Takeaways for the Ultra-Luxury Segment:
Worli is the Dominant: 4 out of Top 5 most Expensive Flats. Old-money Malabar Hill now takes a backseat to the Bandra-Worli Sea Link and more modern high-rises.
Sea Views Are Nonnegotiable: Each of the transactions listed here is marked by an uninterrupted view over the Arabian Sea or Marine Drive.
The Numbers Are Highest When Consolidation Is Common: The highest numbers tend to be the sum of several duplex units or whole vertical floors consolidated into one monstrosity called “bungalow in the sky.”
