If 2024 was about India minting billionaires, 2025 has been about them planting flags on prime real estate. Trophy homes in Mumbai and Delhi didn’t just change hands—they reset benchmarks for both headline ticket size and price per square foot. The year’s defining trend? A decisive tilt towards Worli, which has gone from “prime” to “inevitable” for India’s elite.

Still, scarcity isn’t a Mumbai monopoly. Delhi’s Lutyens’ Bungalow Zone reminded everyone that legacy addresses still carry unmatched weight, while Malabar Hill showed that old money corners can still command staggering rates. Here are the year’s most expensive property purchases, ranked and detailed.

Leena Gandhi Tewari — ₹639 crore (≈₹703 crore all-in), Naman Xana, Worli

India’s biggest residential deal to date. The USV Pharma chairperson bought two stacked duplexes totalling ~22,572 sq ft in Naman Xana, Worli. Registration records peg the price at ₹639 crore, while duties and taxes push the total closer to ₹703 crore. Beyond the figure, it’s a statement about Worli becoming the new billionaire belt.

Uday Kotak & Family — Over ₹400 crore, 19 Shiv Sagar, Worli Sea Face

Kotak and family began the year buying 12 flats for ₹202 crore, then moved to consolidate the building. Media reports put the combined transaction north of ₹400 crore. The kicker: a record ₹2.72–2.75 lakh per sq ft on carpet basis—India’s new high watermark for price-per-foot.

Tanya Dubash (Godrej Group) — ₹226 crore, Naman Xana, Worli

Godrej Group MD Tanya Dubash, via Shaula Real Estates, acquired a sea-facing duplex in the same Worli tower for ₹226 crore. The ~11,485-sq-ft home includes six car parks and a balcony, reinforcing the micro-market’s clustering effect—three of 2025’s costliest buys are in the same building.

Lakshmi Mittal–linked Gentex Merchants — ₹310 crore, APJ Abdul Kalam Road, Lutyens’ Delhi

In the capital, scarcity rules. A Mittal-associated firm picked up a 3,540-sq-yd bungalow on APJ Abdul Kalam Road for ₹310 crore. Unlike Mumbai’s glass towers, this is pure land value—proof that Lutyens’ Bungalow Zone continues to command unmatched premiums.

Harsh Jain (Dream11) — ₹138.41 crore, Lodha Malabar, Malabar Hill

Dream11 cofounder Harsh Jain bought a 9,546-sq-ft flat in Lodha Malabar for ₹138.41 crore. The rate, about ₹1.45 lakh per sq ft, makes it one of the steepest per-square-foot trades of the year. Malabar Hill remains Mumbai’s blue-blood enclave, and this deal only sharpens that edge.