India, May 5 -- Uday Kotak, founder of Kotak Mahindra Bank, and his family have bought the entire building of 22 flats in Mumbai's Worli for over Rs.400 crore. In the latest transactions, they have acquired 10 additional sea-facing apartments for over Rs.200 crore in the Shiv Sagar Building. One of the transactions was recorded at a maximum price of Rs.2.89 lakh per sq. ft., according to property registration documents.

In January 2025, the family made headlines by purchasing 12 apartments in the same building for Rs.202 crore. In total, the Kotak family has acquired 22 apartments in the building for over Rs.400 crore, as per property records.

This transaction not only sets a new benchmark in real estate prices but also stands out as a ...