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• A member of the family of the founder of healthcare technology firm eClinicalWorks has purchased a luxury apartment in Mumbai's Worli for around INR 211 crore, making it one of the city's biggest residential transactions this year.
• The apartment is located in the premium Naman Xana residential tower and was acquired at an estimated rate of INR 2.5 lakh per sq ft, among the highest ever recorded in India's residential real estate market.
• The transaction includes multiple car parking spaces and reflects sustained demand for ultra-luxury homes in Mumbai's prime waterfront locations.
• The deal underscores the continued appetite among high-net-worth individuals for trophy residential assets despite rising property prices in the luxury segment.
Mumbai's luxury residential market has witnessed another record-setting transaction, with the family of the founder of healthcare technology company eClinicalWorks acquiring a premium apartment in Worli for approximately INR 211 crore. The purchase, at an estimated INR 2.5 lakh per sq ft, ranks among the highest per-square-foot residential transactions recorded in India.
The apartment is located in Naman Xana, an ultra-luxury residential development overlooking the Arabian Sea in Worli. According to property registration documents cited in media reports, the residence spans around 8,400 sq ft and includes several dedicated car parking spaces, reflecting the premium positioning of the development.
The acquisition highlights the sustained demand for marquee residential properties in South Mumbai, particularly in waterfront locations such as Worli, where limited supply and strong buyer interest continue to support record property values. Luxury towers in the area have increasingly attracted entrepreneurs, business families and senior corporate executives seeking spacious residences with high-end amenities and panoramic sea views.
Industry experts note that Mumbai's ultra-luxury housing segment has remained resilient despite broader market fluctuations. Strong wealth creation, increasing participation by high-net-worth individuals and the scarcity of premium inventory have contributed to a steady rise in both transaction values and per-square-foot prices across the city's most sought-after neighbourhoods.
Worli has emerged as one of the country's most preferred luxury residential destinations due to its strategic location, connectivity through the Bandra-Worli Sea Link, proximity to major business districts and premium lifestyle offerings. Several landmark residential deals have been recorded in the locality over the past year, reinforcing its position as a key hub for India's ultra-luxury real estate market.
The latest transaction further reflects the growing trend of affluent buyers investing in trophy homes that combine exclusivity, prime location and long-term value, cementing Mumbai's status as the country's leading market for high-value residential real estate.