India’s real estate market has undergone a dramatic transformation, with ultra-luxury properties and record-breaking transactions redefining wealth and status. From heritage mansions to billionaire skyscrapers, these deals aren’t just about property—they symbolize power, prestige, and the rise of India’s economic elite.
The country’s biggest business tycoons and real estate developers have made some of the most expensive purchases, shattering records year after year. Mukesh Ambani’s $4.6 billion home, Antilia, remains one of the world’s most expensive private residences. DLF’s $4 billion luxury project in Gurugram became India’s most valuable residential development in 2025. From the heritage Lincoln House purchase to the massive Dharavi redevelopment deal, these transactions showcase the changing face of Indian luxury real estate.
This article explores the 10 most expensive real estate deals in India’s history—highlighting the homes, the billionaires who own them, and the staggering amounts paid to secure these prized assets.
1. DLF’s Ultra-Luxury Project – $4 Billion Residential Development
- Location: Gurugram, Haryana
- Year: 2025
- Transaction Value: $4 billion (₹33,000 crore)
- Buyer: Multiple High-Net-Worth Individuals (HNIs)
DLF, India’s largest real estate developer, launched an ultra-luxury residential project in Gurugram in 2025, making it the most valuable residential real estate transaction in India’s history. The project includes 420 high-end residences, each priced at approximately ₹65 crore ($8 million).
The response was record-breaking, with 173 units sold within the first nine weeks, generating an astounding $1.4 billion in sales. The project’s exclusive amenities, location, and luxury appeal attracted some of the richest individuals in India.
Source: Reuters
2. Antilia – Mukesh Ambani’s Billion-Dollar Residence
- Location: Altamount Road, Mumbai
- Year: Built between 2006-2010
- Estimated Value (2023): $4.6 billion (₹38,000 crore)
- Owner: Mukesh Ambani (Reliance Industries)
Antilia is one of the most expensive private residences in the world and the most valuable single-family home in India. Spread over 27 floors, this skyscraper home is equipped with luxury amenities, including three helipads, a multi-story garage for 168 cars, a ballroom, a theater, a temple, and multiple swimming pools.
Built to withstand earthquakes and extreme weather, Antilia is more than just a home—it is a symbol of modern Indian wealth.
Source: Wikipedia
3. Dharavi Redevelopment Project – $619 Million Slum Transformation
- Location: Dharavi, Mumbai
- Year: 2022
- Bid Amount: $619 million (₹5,100 crore)
- Developer: Adani Group
Dharavi, one of Asia’s largest slums, was subject to an ambitious redevelopment project awarded to Gautam Adani’s Adani Group in 2022. The project aims to relocate and modernize thousands of families and small businesses, transforming the area into a commercial and residential hub.
The redevelopment faces legal and logistical hurdles, particularly in acquiring land and resettling residents, but its success could make it one of India’s most significant urban transformation projects.
4. Lincoln House – ₹750 Crore Historic Mansion Sale
- Location: Breach Candy, Mumbai
- Year: 2015
- Transaction Value: ₹750 crore ($113 million)
- Buyer: Cyrus Poonawalla (Serum Institute of India)
This heritage mansion, formerly the U.S. Consulate building, was purchased by billionaire Cyrus Poonawalla, making it one of the most expensive private residential transactions in India. Lincoln House spans 50,000 square feet, featuring British colonial architecture, expansive gardens, and prime seafront views.
Source: Wikipedia
5. Lodha Altamount – ₹160 Crore Record Apartment Sale
- Location: Altamount Road, Mumbai
- Year: 2015
- Transaction Value: ₹160 crore ($24 million)
- Buyer: Undisclosed
Lodha Altamount, one of Mumbai’s most prestigious residential towers, broke records in 2015 with a ₹160 crore apartment sale. This property set India’s highest per-square-foot price record, with luxurious interiors, sky-high views of Mumbai, and exclusive amenities.
Source: ET
6. Sea Wind – ₹400 Crore Essar Group Residence
- Location: Cuffe Parade, Mumbai
- Year: 2010s
- Estimated Value: ₹400 crore ($60 million)
- Owner: Ruia Family (Essar Group)
Sea Wind, a 20-story private residence, serves as the home of the Ruia family, owners of the Essar Group. Located in Mumbai’s Cuffe Parade, it is a highly secure and ultra-luxurious private residence with stunning Arabian Sea views.
7. Maheshwari House – ₹400 Crore Seafront Mansion Purchase
- Location: Nepean Sea Road, Mumbai
- Year: 2020s
- Transaction Value: ₹400 crore ($60 million)
- Buyer: Sajjan Jindal (JSW Group)
This heritage bungalow sits on Mumbai’s poshest coastal stretch, boasting expansive gardens, colonial-style architecture, and prime ocean views. The purchase by industrialist Sajjan Jindal made headlines for setting new records in Mumbai’s ultra-luxury real estate market.
8. JK House – ₹6,000 Crore Luxury Skyscraper
- Location: Breach Candy, Mumbai
- Year: 2010s
- Estimated Value: ₹6,000 crore ($900 million)
- Owner: Gautam Singhania (Raymond Group)
This 30-story skyscraper home, located in Breach Candy, is one of India’s tallest and most expensive private residences. It includes residential floors, a private museum, and a helipad, reflecting India’s new era of billionaire homes.
9. Jatia House – ₹425 Crore Luxury Bungalow Sale
- Location: Malabar Hill, Mumbai
- Year: 2015
- Transaction Value: ₹425 crore ($63 million)
- Buyer: Kumar Mangalam Birla (Aditya Birla Group)
Jatia House, a 30,000 sq ft property, is an iconic sea-facing mansion in Mumbai. The property’s lush green gardens, colonial architecture, and panoramic views made it a highly sought-after purchase.
10. Gulita – ₹450 Crore Piramal-Ambani Wedding Gift
- Location: Worli, Mumbai
- Year: 2018
- Transaction Value: ₹450 crore ($68 million)
- Owner: Anand Piramal & Isha Ambani Piramal
Gulita, a luxury sea-facing residence, was gifted to Anand Piramal and Isha Ambani after their wedding. This mansion features five floors, high-end interiors, and an unbeatable location in South Mumbai.
Summary: India’s Most Iconic & Costliest Real Estate Transactions
These record-breaking property deals define the luxury real estate boom in India, proving that Indian billionaires and corporations are willing to spend hundreds of millions—sometimes billions—to own prime real estate.
From Mukesh Ambani’s $4.6 billion Antilia to DLF’s $4 billion ultra-luxury residential project, the numbers are staggering. Industrialists like Cyrus Poonawalla, Sajjan Jindal, and Kumar Mangalam Birla have invested hundreds of crores in heritage mansions and sea-facing bungalows, while Gautam Adani’s $619 million Dharavi redevelopment project is set to reshape Mumbai’s urban landscape.
These deals reflect not just personal wealth, but India’s growing dominance in the global luxury property market. They highlight how India’s business elite, real estate tycoons, and international investors are reshaping skylines—turning heritage sites into modern luxury landmarks and pushing property prices to new heights.
Whether it’s an opulent skyscraper, a historical bungalow, or a large-scale urban development project, these transactions prove one thing—India’s ultra-luxury real estate market is booming like never before.
