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Anand Rathi wealth co-founder buys luxury apartment in Mumbai for INR 131 crore

#Builders & Projects#Residential#India#Maharashtra#Mumbai City
Last Updated : 27th Aug, 2025
Synopsis

In one of Mumbai's latest high-value real estate transactions, Mr. Pradeep Gupta, the Co-founder & Vice-Chairman of Anand Rathi Wealth, and his wife have purchased a luxury apartment in the prestigious 'Three Sixty West' project in Worli for INR 131 crore. The deal, which was registered on August 20, 2025, reflects the soaring demand for ultra-premium properties in the city. The apartment, located on the 55th floor, is part of a mixed-use project developed by Oberoi Realty and also houses The Ritz-Carlton Hotel, solidifying Worli's status as a key destination for Mumbai's affluent.

Pradeep Gupta, Co-founder & Vice-Chairman of Anand Rathi Wealth, and his wife have acquired a lavish apartment for INR 131 crore. The property is located in the exclusive 'Three Sixty West' tower in Worli, a prominent micro-market that has consistently led sales in the ultra-premium segment.


The purchase, which was registered on August 20, 2025, involves a spacious apartment on the 55th floor. This deal is part of a broader trend of high-net-worth individuals (HNIs) and business leaders investing in trophy assets. Recent reports indicate that Mumbai's luxury residential market, with homes priced above INR 10 crore, has reached its highest-ever half-yearly sales figure, totaling INR 14,750 crore in the first half of 2025. This surge is driven by rising wealth and a desire for an upgraded, lifestyle-focused living experience.

The 'Three Sixty West' project, developed by Oberoi Realty, is a key feature of this trend. It is a mixed-use complex comprising two towers- one dedicated to private luxury residences and the other one for housing The Ritz-Carlton Hotel. This unique offering of hotel-like services and amenities for residents has made the building a prime destination for Mumbai's elite. The transaction adds to a string of other notable high-value deals in the same building and neighborhood, confirming Worli's status as a central hub for ultra-premium real estate.

Pradeep Gupta is a well-known figure in the financial services industry, with a professional background in wealth management. As the Co-founder & Vice-Chairman of Anand Rathi Wealth, a leading firm catering to HNIs, his purchase is seen as a strong indicator of confidence in Mumbai's real estate market. The deal, valued at INR 1,24,960 per square foot, also highlights the exceptionally high price points that are becoming standard for exclusive addresses in the city.

The latest residential transactions in Mumbai reflect a confident, though increasingly selective, buyer base. The trend, experts say, is a direct result of India's expanding wealth base and a growing desire for properties that offer not just space and luxury but also a host of top-tier services and amenities.

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