Zandu Pharma Family Buys ₹110.41 Crore Worli Apartment

A luxury apartment in Mumbai's Worli has been bought by the family associated with the former promoters of Zandu Pharmaceuticals for ₹110.41 crore. The transaction was registered on July 29, 2026, and involves Tejal Mercantile Private Limited as the buyer and Oberoi Realty Ltd as the seller.

The property is located on the 62nd floor of Tower B at Three Sixty West, a luxury residential development on Annie Besant Road and Sadanand Hasu Tandel Marg in Worli. The apartment has a registered RERA carpet area of 678.5 sq m, comprising a carpet area of 663.27 sq m and an adjacent area of 15.23 sq m.

The deal works out to approximately ₹1.51 lakh per sq ft, making it one of the most expensive residential transactions in Mumbai. The transaction also includes five car parking spaces, according to the registration details.

Three Sixty West, developed by Oberoi Realty, is among Mumbai's prominent luxury residential developments and has emerged as a high-value residential address in Worli. The micro-market has witnessed a steady rise in premium property transactions, with ultra-luxury residences in projects offering large configurations, premium amenities, and sea-facing locations continuing to attract high-net-worth buyers.

The deal adds to a series of high-value luxury home transactions in Mumbai, where luxury residences are in high demand. The luxury residential market in Mumbai has seen a significant surge in recent times, with many high-net-worth individuals and families investing in premium properties.

The transaction is a significant one, not only because of the high value involved but also because of the location and the amenities offered by the project. Three Sixty West is a luxury residential development that offers its residents a range of premium amenities, including a rooftop pool, a fitness center, and a spa.

The deal is also a testament to the growing demand for luxury residential properties in Mumbai. The city's luxury residential market is expected to continue to grow, driven by the increasing demand for premium properties from high-net-worth individuals and families.

In conclusion, the purchase of the ₹110.41 crore luxury apartment in Worli by the family associated with the former promoters of Zandu Pharmaceuticals is a significant transaction that highlights the growing demand for luxury residential properties in Mumbai. The deal is a testament to the city's growing luxury residential market and the increasing demand for premium properties from high-net-worth individuals and families.

The transaction is expected to have a positive impact on the luxury residential market in Mumbai, with many other high-net-worth individuals and families expected to follow suit. The deal is also a significant one for the city's real estate market, which is expected to continue to grow in the coming years.

Overall, the purchase of the ₹110.41 crore luxury apartment in Worli is a significant transaction that highlights the growing demand for luxury residential properties in Mumbai. The deal is a testament to the city's growing luxury residential market and the increasing demand for premium properties from high-net-worth individuals and families.