Mumbai's upscale Worli neighbourhood has officially become the country's most coveted residential address for India's wealthiest families. A new report by ANAROCK and 360 One Wealth reveals a staggering surge in ultra-luxury home purchases, over 30 apartments priced above Rs 40 crore were sold in just two years, amounting to more than Rs 5,500 crore in transaction value.
This rapid rise, experts say, has reshaped India's luxury real estate landscape.
ANAROCK Group chairman Anuj Puri describes Worli's dominance as “unprecedented.”
“Forty per cent of India's entire ultra-luxury apartment market is now Worli. That singular statistic captures the micro-market's unparalleled strength,” he said.
Across India, nearly half of all home deals above Rs 40 crore now take place in Worli. And the momentum isn't slowing.
The year 2025 alone saw one of India's most expensive residential deals: two Worli duplexes sold for over Rs 700 crore.
In the last three years, more than 20 individual transactions have crossed the Rs 100-crore mark, setting a new benchmark for luxury living.
Apartment rates in high-end towers now range from Rs 65,000 to over Rs 1 lakh per sq ft, comparable to premium global pockets like New York's Lower Manhattan.
The report breaks down how sharply space and pricing are segmented:
ANAROCK notes that Worli is no longer just a luxury real estate hotspot, it has become the physical expression of India's wealth concentration.
The neighbourhood holds a 40% share of all ultra-HNI home transactions in the country, is powered by a Rs 69,000+ crore infrastructure ecosystem, and is set to benefit from an incoming Rs 36,000+ crore development pipeline.
