Meet Vratika Gupta, business woman who bought ₹116 crore luxury house in Mumbai

Meet Vratika Gupta, business woman who bought ₹116 crore luxury house in Mumbai

Vratika Gupta, an alumna of the Pearl Academy of Fashion and the National Institute of Fashion Technology, is the founder of Maison Sia, a luxury home decor brand.

By CNBCTV18.com Jan 13, 2024 2:51:23 PM IST (Published)

2 Min Read

Meet Vratika Gupta, business woman who bought ₹116 crore luxury house in Mumbai

Vratika Gupta, a fashion designer and founder of luxury home decor store Maison Sia, has bought a sea-view luxury home in the super-luxury tower 'Three Sixty West' in Mumbai's Lower Parel for a staggering ₹116.42 crore.

As per the real estate data analytics firm IndexTap.com, Gupta’s deal marks 2024's first single residential deal surpassing the ₹100 crore mark.

The 12,138 square feet luxury house, which offers a stunning view of the sea, comes with eight parking slots and offers substantial living space.

As per official records, the property was registered on January 7. Several housing projects in Mumbai have seen huge deals, of ₹100 crore and above, in recent months.

Three Sixty West, a twin-tower complex, was in the news last year for recording the biggest property deal in the country -- 28 units were bought by family members and associates of D’Mart founder Radhakrishna Damani for ₹1,238 crore.

The promoter of Everest Food Products Private Limited had in October 2023 purchased an apartment worth ₹73.50 crore. Also, in March 2023, a duplex in the complex was bought for around ₹100 crore by Avener Capital and Bajaj Consultants.

Three Sixty West, situated in Lower Parel, offers opulent four and five-BHK apartments in the city. Out of the two towers, one is the Ritz-Carlton Hotel, while the other one houses luxury apartments.

Who is Vratika Gupta?

Gupta is an alumna of the Pearl Academy of Fashion and the National Institute of Fashion Technology (NIFT).

She started her career as an Apparel Designer at Anjuman Fashions Ltd and later worked as a designer for Anju Modi from 2009 to 2011.

From 2011 to 2016, she worked as the Design Director at Two White Birds. The brand blends rich Indian heritage with Western sensibilities. Gupta's creations featured vibrant colours, classic textiles, and detailing, which gave the brand recognition for style and comfort.

Later, Gupta ventured into entrepreneurship and founded 'Vratika & Nakul' in 2017. She is married to Nakul Aggarwal.

Maison Sia, a luxury home decor brand, was founded by Gupta in 2022. It is known for artistically upscale products.

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