Archive · 8 Aug 2026
Ex-Zandu Promoter Family Buys ₹110.41 Crore Luxury Worli Apartment
Some very wealthy people bought a super fancy apartment in Mumbai, a big city in India.
The apartment is high up in a tall building called Three Sixty West, on the 62nd floor.
It cost more than 110 crore rupees, which is an enormous amount of money.
The buyer is a company connected to the family that used to own Zandu Pharmaceuticals.
The company that built and sold the apartment is called Oberoi Realty.
The apartment is very big, about 7,300 square feet, and even comes with five parking spaces for cars.
That works out to about 1.5 lakh rupees for every square foot.
Most homes cost much less than that.
Rich people like buying these luxury homes in Worli because of their size, nice amenities, and sea views.
A company linked to the former Zandu Pharmaceuticals promoter family bought a ₹110.41 crore luxury apartment in Worli, Mumbai, per registration data from Zapkey.
The buyer, Tejal Mercantile Private Limited, was represented by director Nihar Ajay Parikh, while the seller was Oberoi Realty Ltd, represented by Abhishek Bajoria.
The apartment is on the 62nd floor (46th habitable floor) of Tower B at Three Sixty West on Annie Besant Road and Sadanand Hasu Tandel Marg, Worli.
The deal, registered on July 29, 2026, covers a RERA carpet area of 7,303 sq ft and works out to approximately ₹1.51 lakh per sq ft.
The transaction includes five car parking spaces and adds to a series of high-value luxury home deals in Mumbai.
- Who
- Tejal Mercantile Private Limited, a company linked to the former Zandu Pharmaceuticals promoter family, bought the apartment from developer Oberoi Realty Ltd.
- What
- Purchase of a ₹110.41 crore luxury apartment, including five car parking spaces, at Three Sixty West in Worli.
- When
- The transaction was registered on July 29, 2026; the news was reported on August 8, 2026.
- Where
- Tower B of Three Sixty West, Annie Besant Road and Sadanand Hasu Tandel Marg, Worli, Mumbai.
- Why
- Ultra-luxury residences offering large configurations, premium amenities, and sea-facing locations continue to attract high-net-worth buyers in Mumbai.
- Transaction Value
- ₹110.41 crore (Rs 1,104,109,983)
- Buyer
- Tejal Mercantile Private Limited (director Nihar Ajay Parikh)
- Seller
- Oberoi Realty Ltd (authorised signatory Abhishek Bajoria)
- Property
- 62nd floor (46th habitable floor), Tower B, Three Sixty West, Worli, Mumbai
- Registered Carpet Area
- 7,303 sq ft (678.5 sq m)
- Effective Rate
- Approximately ₹1.51 lakh per sq ft
- Registration Date
- July 29, 2026
- Parking
- Five car parking spaces