Meet Vratika Gupta, the CEO behind the acquisition of a Mumbai flat worth a staggering Rs 116.42 crore. Vratika, known for her role as a fashion designer and the founder of Maison Sia, a luxury home décor company, recently made headlines with her purchase in the renowned “Three Sixty West” high-rise, as reported by real estate data analytics firm IndexTap.com.
The opulent Lower Parel apartment spans an impressive 12,138 square feet and includes the added luxury of eight designated car parking spots. Official documents reveal that the property was registered on January 7, 2024.
Vratika Gupta’s education
Vratika Gupta, an alumna of the National Institute of Fashion Technology (NIFT) and Pearl Academy of Fashion, commenced her career in the fashion industry as an Apparel Designer at Anjuman Fashions Ltd. Her design journey continued with a stint as a designer for the label ANJU MODI from 2009 to 2011.
Vratika Gupta’s career
From 2011 to 2016, Gupta served as the Design Director at Two White Birds, a brand she co-founded. Two White Birds seamlessly blended rich Indian heritage with Western sensibilities, defining its style through bright colors, traditional textiles, and meticulous detailing, establishing itself as a symbol of style and comfort.
In 2017, Vratika ventured into entrepreneurship by founding Vratika & Nakul, alongside her husband Nakul Aggarwal. The brand’s unique designs feature handcrafted pieces infused with both Indian heritage and Western sensibilities.
In 2022, Gupta expanded her creative endeavors by founding Maison Sia, a luxury home decor brand. Drawing inspiration from her love for travel and an appreciation for innovative architecture, Maison Sia has become a hub for artistically upscale products.
Despite the significant real estate transaction, Vratika Gupta has chosen to remain tight-lipped about the details of the purchase.
Images of Maison Sia
Vratika Gupta’s new house details
The stamp duty for her lavish flat amounted to a substantial Rs 5.82 crore. The “Three Sixty West” complex, known for registering India’s largest property deal in 2023, has been a focal point of high-profile transactions. Notably, family members and associates of D’Mart founder Radhakrishna Damani acquired 28 units in the complex for a whopping Rs 1,238 crore, marking a historic deal registered on February 3, 2023.
In a similar vein, other notable transactions within the project include the purchase of an apartment worth Rs 73.50 crore by the promoter of Everest Food Products Private Limited in October of the previous year. Additionally, in March 2023, Avener Capital and Bajaj Consultants secured a duplex in the complex for approximately Rs 100 crore.
The “Three Sixty West” project comprises luxury 4BHK and 5BHK units and consists of two towers – one housing the prestigious Ritz-Carlton Hotel and the other accommodating luxury residences managed by a global hospitality chain. The project derives its name from its towering height of 360 meters, with all apartments facing the west, providing breathtaking sea views.