Archive · 24 Aug 2026
Wylth Founder Amit Shah Buys Two Lower Parel Apartments
Amit Shah, who runs Wylth, bought two expensive homes in Mumbai.
The homes are in a building called Kalpataru One.
Together, they cost ₹92.51 crore.
The purchases were officially registered on August 20, 2026.
Each apartment is about 4,422 square feet in size.
The apartments also include balconies and four parking spaces each.
Another investor family recently bought four homes in the same building.
These deals show that some buyers are still paying very high prices for large homes in Lower Parel.
Amit Shah bought two luxury apartments at Kalpataru One in Mumbai’s Lower Parel.
The two properties were purchased for a combined ₹92.51 crore, according to registration data.
The transactions were registered on August 20, 2026, with each apartment valued at about ₹46.25 crore.
Each residence has a 4,422-square-foot RERA carpet area and four parking spaces.
The purchase follows the Bharat Shah family’s reported ₹180 crore acquisition of four apartments at Kalpataru One in July.
- Who
- Amit Shah, founder and CEO of Wylth and former CEO and board member at IIFL Capital Pte. Ltd.
- What
- Purchased two luxury apartments at Kalpataru One for a combined ₹92.51 crore.
- When
- The transactions were registered on August 20, 2026.
- Where
- Kalpataru One in Lower Parel, Mumbai.
- Why
- The purchase reflects continued demand for large-format luxury residences in Mumbai’s Lower Parel-Worli belt, according to the article.
- Buyer
- Amit Shah
- Seller
- Kalpataru Properties Limited
- Total purchase price
- ₹92.51 crore
- Registration date
- August 20, 2026
- Apartment size
- 4,422 sq ft RERA carpet area each
- Combined area
- 8,844 sq ft RERA carpet area, plus 684 sq ft of open balconies
- Parking
- Eight spaces total, with four allocated to each apartment
- Approximate rate
- ₹1.05 lakh per sq ft based on RERA carpet area