ASK Wealth co-founder Bharat Shah’s family buys four luxury apartments in Mumbai’s Worli for ₹180 crore

The family of veteran investor Bharat Shah, a former executive of ASK Asset & Wealth Management, bought four ultra-luxury apartments in Worli, Mumbai. ₹180 crore, according to property registration documents reviewed by Zapkey. The transaction was registered at RERA carpet price per square foot 1.01 lakh.

Mumbai Real Estate: The family of veteran investor Bharat Shah, a former executive of ASK Asset & Wealth Management, bought four ultra-luxury apartments in Mumbai's Worli for ₹180 crore. (Photo for representational purposes only) (Gemini born photo)
Mumbai Real Estate: The family of veteran investor Bharat Shah, a former executive of ASK Asset & Wealth Management, bought four ultra-luxury apartments in Mumbai’s Worli for ₹180 crore. (Photo for representational purposes only) (Gemini born photo)

According to property registration documents, Preeti Bharat Shah and Kinnari Bharat Shah purchased four apartments on the high floors of a building called Kalpataru One in Worli from Kalpataru Properties Ltd.

Four apartments were acquired for a total consideration of The value of each apartment is approximately Rs 179.41 crore 44.85 crores. The documents show that the transactions were registered on July 6, 2026.

The total area of ​​the four residences is 1,770.32 square meters (about 19,056 sq ft), which includes a combined rera carpet area of ​​1,643.36 square meters (17,689 sq ft) and a balcony area of ​​126.96 square meters (1,367 sq ft). According to the documents, each apartment offers a rera carpet area of ​​approximately 410.84 square meters (4,422 sq ft), along with a balcony of 31.74 square meters (342 sq ft).

Also read: Property registrations hit record high in Mumbai, but stamp duty collections soften: Explained

The apartments were purchased with a total of 16 car parking spaces, with four parking slots allocated for each residence. Property documents show that stamp duty Rs 8.97 crore was paid on the transaction. Since the properties were registered in the names of women buyers, 1% concession in stamp duty was availed under the Maharashtra government policy that offers lower stamp duty for women home buyers.

An email query was sent to Kalpataru Properties Ltd. Story will be updated upon response. Preeti Bharat Shah and Kinnari Bharat Shah could not be reached for comment.

Also read: ₹162.2 crore luxury apartment in Worli, Mumbai 2.5 lakh per square foot”>eClinicalworks CEO Girish Navani’s wife bought it Luxury apartment worth Rs 162.2 crore in Worli, Mumbai 2.5 lakh per square foot

All about Worli real estate market

Worli, along with Worli Sea Face, continues to capture some of the highest residential values ​​in the country, driven by uninterrupted sea views, limited supply of luxury residences and proximity to Mumbai’s major commercial hubs including Bandra-Kurla Complex, Lower Parel and Nariman Point.

On July 3, 2026, Radhi Girish Navani, wife of Girish Navani, CEO and co-founder of healthcare technology firm eClinicalWorks, bought an ultra-luxury apartment of over 6,400 sq ft in Worli. 162.2 crores. The deal is almost done Rs 2.5 lakh per square foot, according to property registration documents obtained by Zapkey.com, is one of the most expensive residential transactions in the city.

In May 2026, Tanya Dubash, a member of the Godrej family, bought two sea-facing apartments in Worli. approximately 294 crores 2.54 lakh per square foot. In May 2025, Dubash purchased a luxury duplex apartment at a higher price Rs 226 crore in a single residential complex. The deal price translated to approx. As per property documents, Rs 2.16 lakh per sq ft. The carpet area of ​​the duplex unit is 856 square meters. (9,214 sq ft) and a 114 sq m balcony. (1,227 sq. ft.).

Also read: ₹294 crore”>Godrej’s daughter Tanya Dubash and her company buy two sea-facing apartments in Worli, Mumbai 294 crores

In 2025, ₹639 crore”> USV chairperson Leena Gandhi Tiwari bought two sea-facing duplex apartments in Naman Zana, Worli. 639 crores or approx Transactions worth more than Rs 3 lakh per square feet including stamp duty and tax 700 crore, making it India’s most expensive residential property deal to date. he spent almost Rs 63.9 crore on stamp duty and GST, bringing the total transaction value to approx. This deal of Rs 703 crore has become the most expensive residential property deal ever in the country.

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