Which is the most expensive flat in Mumbai
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.”
Frequently Asked Questions
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.
How do I check if a project is RERA-registered?
Search the state RERA portal by project or builder name for the registration number and approved plan. Our RERA check guide explains it.
Can NRIs buy property in Gurgaon and NCR?
Yes, NRIs can buy residential and commercial property in India, though not farm land. Payments must come through banking channels, and a trusted power of attorney helps if you are abroad.
What taxes apply when I sell property in Gurgaon and NCR?
You pay capital gains tax on the profit, lower if you hold beyond the long-term period, with reliefs if you reinvest in another home. Take advice before you sell.
Is it a good time to buy in Gurgaon and NCR?
Timing matters less than buying the right property at a fair price with clean papers. If a home fits your budget and needs, waiting for a perfect market rarely pays.
How do I verify a property title in Gurgaon and NCR?
Check the chain of ownership, the latest record, any loan or lien and pending dues, and match the seller identity to the title. A local lawyer can vet the deed.
What should I check during a site visit in Gurgaon and NCR?
Construction quality, water and power backup, the neighbourhood, road access, and how the actual unit compares to the brochure. Visit at different times of day if you can.
Can I negotiate the price in Gurgaon and NCR?
Resale and ready inventory are usually negotiable, while fresh launches have fixed rates but may waive some charges. Compare recent deals nearby to judge a fair price.
What is the difference between carpet area and super area?
Carpet area is the usable space inside your walls; super area adds a share of common areas. Always confirm the carpet area you actually get before comparing prices.
What extra costs come beyond the price in Gurgaon and NCR?
Budget for stamp duty and registration, GST on under-construction homes, parking, club and maintenance deposits, and loan fees. Ask for a full cost sheet upfront.
How does Realty Hunting help me buy in Gurgaon and NCR?
We share verified listings, honest area advice and the real paperwork picture, and connect you with builders and sellers. Reach out and we will shortlist options that fit your budget.
Should I buy ready-to-move or under-construction in Gurgaon and NCR?
Ready homes have no wait, no GST and no build risk but cost more; under-construction is cheaper with a longer wait. Choose by your timeline and risk appetite.
