Former HDFC Bank Executive Buys ₹52.49 Crore Luxury Apartment in Mumbai’s Worli
Mumbai’s luxury real estate market has yet again witnessed a high-profile transaction. Paresh Sukthankar, former Deputy Managing Director of HDFC Bank, has acquired a premium apartment in Worli’s prestigious Prestige Nautilus for a whopping ₹52.49 crore.
Also Read:- Top 10 Most Expensive Areas in Mumbai in 2025 – Houseiy
Key Highlights of the Deal
- Project Name: Prestige Nautilus, Worli
- Developer: Prestige Estates, Bengaluru-based real estate major
- Carpet Area: 4,378 sq. ft (RERA registered)
- Price per sq. ft: ₹1.19 lakh
- Parking: Four reserved car parks included
- Registration Date: September 3, 2025
- Stamp Duty & Fees: ₹3.14 crore stamp duty + ₹30,000 registration charges
Property registration documents accessed confirm that the transaction was completed earlier this month. However, both Prestige Estates and Sukthankar have not yet commented on the deal.
Also read:-The Top 10 Most Expensive Houses in India: A Deep Dive into Luxury Real Estate
Why Worli Is the Epicenter of Mumbai’s Luxury Real Estate
Worli has consistently remained one of Mumbai’s most desirable addresses, particularly for India’s business elite. With its sea-facing towers, world-class amenities, and central location, Worli continues to attract record-breaking transactions. Prestige Nautilus itself offers stunning Arabian Sea views, premium designs, and exclusive facilities.
Recent Mega Deals in Worli
- Leena Gandhi Tewari (USV Chairperson): Purchased two sea-facing duplexes worth ₹639 crore in May 2025. After taxes, the deal hit ₹703 crore, setting a national record with a per sq. ft rate close to ₹3 lakh.
- Pradeep Navratna Gupta (Anand Rathi Wealth Co-founder): Bought a luxury residence worth ₹131 crore in August 2025 at Worli Sea Face.
- Amit Rathi (QiCAP.AI Co-founder): Acquired an ₹89.91 crore luxury apartment in the iconic Palais Royale, India’s tallest residential tower.
These transactions highlight the continued surge in demand for ultra-luxury housing in Mumbai, with Worli being the undisputed hotspot.
Also Read:-What is the Cost of Living in Mumbai in 2025
Final Takeaway
Paresh Sukthankar’s latest purchase further cements Worli’s status as the gold standard of luxury living in Mumbai. With record-breaking deals unfolding one after another, the micro-market shows no signs of slowing down, positioning itself as the preferred address for India’s wealthiest families and business leaders.
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Mumbai’s luxury real estate market has yet again witnessed a high-profile transaction. Paresh Sukthankar, former Deputy Managing Director of HDFC Bank, has acquired a premium apartment in Worli’s prestigious Prestige Nautilus for a whopping ₹52.49 crore.
Also Read:- Top 10 Most Expensive Areas in Mumbai in 2025 – Houseiy
Key Highlights of the Deal
- Project Name: Prestige Nautilus, Worli
- Developer: Prestige Estates, Bengaluru-based real estate major
- Carpet Area: 4,378 sq. ft (RERA registered)
- Price per sq. ft: ₹1.19 lakh
- Parking: Four reserved car parks included
- Registration Date: September 3, 2025
- Stamp Duty & Fees: ₹3.14 crore stamp duty + ₹30,000 registration charges
Property registration documents accessed confirm that the transaction was completed earlier this month. However, both Prestige Estates and Sukthankar have not yet commented on the deal.
Also read:-The Top 10 Most Expensive Houses in India: A Deep Dive into Luxury Real Estate
Why Worli Is the Epicenter of Mumbai’s Luxury Real Estate
Worli has consistently remained one of Mumbai’s most desirable addresses, particularly for India’s business elite. With its sea-facing towers, world-class amenities, and central location, Worli continues to attract record-breaking transactions. Prestige Nautilus itself offers stunning Arabian Sea views, premium designs, and exclusive facilities.
Recent Mega Deals in Worli
- Leena Gandhi Tewari (USV Chairperson): Purchased two sea-facing duplexes worth ₹639 crore in May 2025. After taxes, the deal hit ₹703 crore, setting a national record with a per sq. ft rate close to ₹3 lakh.
- Pradeep Navratna Gupta (Anand Rathi Wealth Co-founder): Bought a luxury residence worth ₹131 crore in August 2025 at Worli Sea Face.
- Amit Rathi (QiCAP.AI Co-founder): Acquired an ₹89.91 crore luxury apartment in the iconic Palais Royale, India’s tallest residential tower.
These transactions highlight the continued surge in demand for ultra-luxury housing in Mumbai, with Worli being the undisputed hotspot.
Also Read:-What is the Cost of Living in Mumbai in 2025
Final Takeaway
Paresh Sukthankar’s latest purchase further cements Worli’s status as the gold standard of luxury living in Mumbai. With record-breaking deals unfolding one after another, the micro-market shows no signs of slowing down, positioning itself as the preferred address for India’s wealthiest families and business leaders.
L. Sadriwala, the Editor-in-Chief at Housiey, is a seasoned writer whose professional journey in content creation began in 2015. With a background rooted in a family of real estate developers, her transition into real estate writing was a natural evolution, bringing together her storytelling expertise and deep industry understanding.
Over the years, she has authored impactful blogs across diverse niches such as food, travel, and lifestyle, before establishing her reputation as a trusted voice in Indian real estate. Today, her work stands out for its clarity, accuracy, and ability to simplify complex property concepts for readers.
At Housiey, every article crafted by L. Sadriwala reflects thorough research, verified facts, and a reader-first approach. From decoding housing policies and trends to offering in-depth builder reviews and project insights, her mission is clear: to empower homebuyers and investors with the knowledge they need to make confident property decisions.
Her writing not only informs but also builds trust, making her one of the most credible editorial voices in the real estate space.
