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Magadh Today - Beyond Headlines > Latest News > India > Who is Vratika Gupta, CEO who bought Rs 116.42 crore Mumbai flat?
IndiaMaharashtra

Who is Vratika Gupta, CEO who bought Rs 116.42 crore Mumbai flat?

Gulshan Kumar
Last updated: 2024/01/12 at 11:35 PM
By Gulshan Kumar 2 years ago
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Vratika Gupta, a fashion designer and founder of Maison Sia, a luxury home décor company, recently bought a lavish apartment in Mumbai’s “Three Sixty West” high-rise for a staggering Rs 116.42 crore, according to IndexTap.com, real estate data analytics firm.

The Lower Parel apartment measures 12,138 square foot and comes with eight car parking spots. It was registered on January 7, 2024, documents showed.

Vratika Gupta, an alumna of the National Institute of Fashion Technology (NIFT) and Pearl Academy of Fashion, started her career in the fashion world as an Apparel Designer at Anjuman Fashions Ltd. She served as a designer for the label ANJU MODI from 2009 to 2011.

Gupta declined to comment on the development.

She was then the Design Director at Two White Birds from 2011 to 2016. Her brand, a brainchild that she co-founded, merged rich Indian heritage with western sensibilities. Bright colours, traditional textiles, and meticulous detailing defined her creations, making Two White Birds a epitome of style and comfort.

In 2017, Vratika ventured into entrepreneurship, founding Vratika & Nakul. Her husband is Nakul Aggarwal. The brand’s designs are handcrafted pieces weaved with Indian heritage and Western sensibilities.

In 2022, she set-up Maison Sia, a lavish home decor brand. Drawing inspiration from her passion for travel and an fondness for out-of-the-box architecture, Maison Sia is a hub for artistically upscale products.

The stamp duty for her flat amounted to Rs 5.82 crore.

The twin-tower ‘Three Sixty West’ complex has been in the headlines in 2023 for having registered India’s biggest property deal in the country. This was when 28 units were acquired by family members and associates of D’Mart founder Radhakrishna Damani in Mumbai for Rs 1,238 crore. The transactions were registered on February 3, 2023. In October last year, the promoter of Everest Food Products Private Limited had purchased an apartment worth Rs 73.50 crore.

Further, several high-profile deals were registered in the project in 2023. In March, Avener Capital and Bajaj Consultants bought a duplex in the complex for around Rs 100 crore.

Three Sixty West is a project that features upscale 4BHK and 5 BHK units within two towers, one houses the Ritz-Carlton Hotel and the other hosts luxury residences managed by the global hospitality chain. The sea-view project ,named for its 360 metres height, and all apartments  west facing orientation

 

 

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