One of India’s most loved mythological writers, Amish Tripathi, has been making news for his latest investment. The bestselling author has recently acquired a lavish ₹13.65 crore apartment in Mumbai’s Lodha World One Project. Amish Tripathi’s property in Mumbai is located in South Worli. According to Square Yards Data Intelligence, Amish Tripathi’s property price is ₹13.65 crores. The sale deed for the property was finalised on July 4, 2024. Amish Tripathi’s property stamp duty cost is ₹81.9 lakhs. At the same time, the Amish Tripathi property transaction fee is ₹30,000.
The author’s new address spans about 2,700 sq. ft. (251 sq. m.) of carpet area. Amish Tripathi’s ready-to-move-in residence was acquired through a direct sale from MacroTech Developers Limited, the corporate entity behind the Lodha Group.
Exploring The Lodha World One
The Lodha World One is truly a global project. Located in South Worli, it is part of the larger Lodha World Towers project. The project consists of three towers: the World View, the World Crest and the World One, which houses Amish Tripathi’s property in Mumbai. It is one of the world’s tallest residential buildings, with a total of 76 storeys that house 3 and 4 BHK apartments. This soaring high-rise project puts India on the global map, in line with cities like Dubai and Shanghai.
Several international designers have contributed to this elite project. The glass and steel curvilinear design is by Pei Cobb Freed & Partners, while the interiors are helmed by the renowned Armani/ Casa. Additionally, the Six Senses Group provides distinguished wellness and lifestyle services, providing a class apart living experience.
Amish Tripathi’s property in Lodha World One lies in the vicinity of some of Mumbai’s top celebrity homes. Renowned personalities like Rohit Sharma, Yuvraj Singh, Ritesh Deshmukh, Genelia D’Souza, Virat Kohli, and Anushka Sharma have also bought properties in this area.
A Look at Amish’s Celebrated Career
Amish Tripathi enjoys a celebrated career as a fiction writer in India. The renowned film director, Shekhar Kapur, famously called him ‘India’s first literary popstar’. Amish rose to fame with the Shiva trilogy, first released in 2010. It reimagined the legend of Lord Shiva as a human being whose adventures transformed him into a god. The trilogy includes – The Immortals of Meluha, The Secret of the Nagas, and The Oath of The Vayuputras.
The author’s recent works include the Ram Chandra Trilogy, Legend of Suheldev: The King Who Saved India, and Dharma: Decoding the Epics for a Meaningful Life, among others. His books have sold over 7 million copies and have been translated into more than 20 languages. Recently forayed into the media world, Amish’s latest documentary, Ram Janmabhoomi: Return of a Splendid Sun, premiered on NDTV on January 25, 2024. It can be watched on JioCinema.
Rising Demand for Luxury Housing in Mumbai
Amish Tripathi’s flat in South Mumbai is part of a rising trend in Mumbai’s real estate market. As per a report by India Sotheby’s International Realty and CRE Matrix, sales of luxury homes
above ₹10 crore have recorded an 8% increase in Mumbai. Their overall recorded sales in the first half of the 2024 calendar year amounted to ₹12,300 crore, notably higher than ₹11,400 crore recorded in the first half of the 2023 calendar year.
Another report, Mumbai Luxury Housing H1 CY24, highlights this as Mumbai’s highest half-yearly sales ever, contrasting it with ₹7,000 crore worth of average bi-annual sales since 2019. Additionally, it notes that Mumbai sold 1,040 luxury residential units in the past year, the highest in any 12-month period.
ANAROCK’s research further highlighted that the Mumbai Metropolitan Region (MMR) recorded a 15% increase in the average prices of residential properties. From roughly ₹11,890 per sq. ft. in 2022, it rose to about ₹13,700 per sq. ft. in 2023. Moreover, MMR’s average housing prices have risen by approximately 50% in the past five years. Amish Tripathi’s flat in Worli suburb is part of this region, which holds the top rank in real estate demand and supply. In 2023, MMR recorded the highest levels of new launches, at 1.57 lakh units, and sales, at 1.53 lakh units.
Media Coverage for Square Yards
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Summing Up
Amish Tripathi’s property in Lodha World One is a landmark collaboration that brings together the best of the literary and real estate worlds in a noteworthy deal. Located in South Worli, the property adds to Amish’s growing portfolio of assets and stands as a testament to his rising success. On the other hand, the deal marks the entry of yet another celebrated personality into Lodha Group’s high-profile clientele.
For more such celebrity home updates and coverage, stay tuned to Square Yards.
