eClinicalWorks Founder Acquires Luxury Apartment in Worli for ₹162.2 Crore
Radhi Girish Navani, wife of eClinicalWorks CEO, purchases a luxury sea-facing apartment in Worli, Mumbai, for ₹162.2 crore, marking one of India's highest residential property transactions.
Luxury Living in Mumbai's Worli
In a remarkable real estate transaction, Radhi Girish Navani, the wife of Girish Navani, co-founder and CEO of eClinicalWorks, has purchased a stunning sea-facing apartment in Worli, Mumbai, for ₹162.2 crore. This acquisition, priced at approximately ₹2.5 lakh per square foot, stands as one of the most expensive residential property deals in India.
The luxurious residence boasts a RERA carpet area of 6,458 square feet, which includes a spacious balcony of 645 square feet. Additionally, the new owner will enjoy exclusive access to four car parking spaces, enhancing the convenience of urban living.
Registered on July 3, the transaction benefited from a 1% stamp duty concession available to women homebuyers under Maharashtra's regulations, resulting in a stamp duty payment of ₹8.11 crore. The apartment is located on the 18th floor of the prestigious Naman Xana building, acquired from Carp Estate and Shree Naman Residency.
This purchase adds to the growing trend of luxury home sales in Mumbai, particularly in the Worli locality, known for its high-value residential market. Despite elevated prices, demand for premium properties remains strong, driven by affluent buyers seeking exclusive homes in prime locations.
Frequently Asked Questions
What makes the Worli locality a prime real estate market?↓
Worli is known for its limited supply of luxury properties and strong demand for sea-facing homes, making it one of Mumbai's most expensive residential areas.
How has the luxury real estate market in Mumbai been performing?↓
The luxury real estate market in Mumbai has shown resilience, with sustained demand from affluent buyers, including entrepreneurs and family offices, despite high property prices.
How can renters find luxury apartments in Mumbai?↓
Renters can use apps like TheBrik, which helps users discover luxury rental properties in Mumbai, making the search for high-end accommodations more efficient.