USV Chairperson Leena Tewari Buys 2 Duplexes in Mumbai for Record ₹639 Crore
In a stunning real estate transaction, Leena Gandhi Tewari, the Chairperson of multinational pharmaceutical and biotechnology company USV Ltd, has acquired two luxurious sea-facing duplex apartments in Mumbai’s Worli area for a whopping ₹639 crore. This record-breaking deal has set a new benchmark in the Indian real estate market, surpassing the previous highest sale of ₹640 crore for a property in Mumbai’s Khar area.
The duplex apartments, spanning a total area of 22,572 sq ft, are located on the 32nd to 35th floors of the Naman Xana tower, offering breathtaking views of the Arabian Sea. This prestigious property is a testament to Leena Tewari’s impressive financial prowess and her ability to make strategic investments.
The sale of the duplexes has raised several eyebrows in the real estate industry, as it is the most expensive residential property sale ever recorded in India. The previous record was held by a property in Mumbai’s Khar area, which was sold for ₹640 crore in 2020. This latest deal has not only broken the record but has also set a new standard for luxury real estate in India.
The Naman Xana tower is a luxurious residential complex located in the heart of Worli, one of Mumbai’s most sought-after neighborhoods. The tower offers world-class amenities, including a rooftop infinity pool, gym, spa, and private parking. The property is also close to several high-end restaurants, cafes, and shopping centers, making it an attractive option for those who value the finer things in life.
Leena Gandhi Tewari, a well-known businesswoman and philanthropist, has been at the helm of USV Ltd since 2010. Under her leadership, the company has grown significantly, with a presence in over 50 countries and a diverse portfolio of pharmaceutical and biotechnology products. Tewari’s success in the corporate world is a testament to her vision, strategic thinking, and ability to build strong relationships.
The purchase of the duplexes is not the first significant real estate transaction for Leena Tewari. In 2019, she acquired a luxury apartment in Mumbai’s Bandra area for ₹180 crore, which was a record-breaking deal at the time. Her latest purchase is a testament to her continued faith in the Indian real estate market and her ability to make savvy investments.
The sale of the duplexes has also sparked a debate about the affordability of luxury real estate in India. With prices reaching record highs, many experts are warning of a potential bubble in the market. However, others argue that the demand for luxury properties remains strong, driven by the growing wealth of India’s elite and the increasing popularity of Mumbai as a global hub.
In conclusion, Leena Gandhi Tewari’s purchase of two luxury duplexes in Mumbai for ₹639 crore is a record-breaking deal that has set a new standard for luxury real estate in India. This transaction is a testament to her impressive financial prowess and her ability to make strategic investments. As the Indian real estate market continues to evolve, it will be interesting to see how this deal impacts the market and what other record-breaking transactions we can expect in the future.
