A senior executive and member of the promoter group of a leading natural diamond manufacturer has purchased a sea-view luxury apartment in a super-premium residential tower in Mumbai’s upscale Worli area for approximately ?97 crore. The apartment, spread over 14,911 sq. ft. RERA carpet area, is located on the 47th floor of the tower. The purchase was made jointly with family members, and the buyers paid over ?5.84 crore in stamp duty alone for the transaction, which was registered on April 29, according to public records.

The apartment was acquired directly from the developers of the project, which was a joint venture between multiple real estate companies.

Mumbai continues to lead as the country’s most expensive property market, reaching new peaks in both property registration and revenue collection through stamp duty. South and central Mumbai—home to India’s most high-value apartments—have played a major role in driving this performance. The micro-market has seen numerous large-ticket, record-setting transactions involving industrialists, corporate executives, actors, and sports personalities in recent years.

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