EaseMyTrip Co-founder Rikant Pittie Buys Mumbai Apartment for ₹15.9 Cr at Over ₹70,000 Per Sq Ft
Mumbai, March 26: Rikant Pittie, co-founder and Chief Executive Officer of EaseMyTrip, a prominent travel and tourism platform, has purchased a luxury apartment in Mumbai's Andheri West for ₹15.9 crore, achieving a per sq ft rate of over ₹70,000 on carpet basis, according to property registration documents accessed by Zapkey.com.
The transaction represents the highest per sq ft rate recorded so far in Mumbai's western suburbs, surpassing recent high-value deals in the region.
Property Details
The apartment is located on the 39th floor of the DLF The West Park project in Andheri West, one of Mumbai's most sought-after residential micro-markets.
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RERA carpet area: 2,078 sq ft
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Additional balcony area: 162 sq ft
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Total area: 2,240 sq ft
On a RERA carpet basis, the apartment sold for ₹76,500 per sq ft, while on a carpet basis, it sold for ₹70,967 per sq ft, according to Zapkey data.
The transaction, registered on November 14, 2025, included three parking spaces. A stamp duty of over ₹95 lakh and a registration fee of ₹30,000 were paid for registering the transaction.
Record-Breaking Per Sq Ft Rate
The Andheri West deal sets a new benchmark for luxury residential transactions in Mumbai's western suburbs. The previous record was held by a penthouse in Goregaon's Oberoi Elysian, which sold last month for ₹55 crore at a per sq ft price of over ₹64,000.
The DLF The West Park transaction now stands as the highest per sq ft rate achieved in the western suburbs, reflecting the strong demand for premium residences in well-located, branded developments.
Earlier Gurugram Commercial Acquisition
This is not Pittie's first major real estate investment. In November 2023, the EaseMyTrip co-founder purchased a commercial property in Gurugram's Sector 32 for ₹99.34 crore, according to documents accessed by CRE Matrix, a real estate data analytics firm.
The Gurugram property spans a total land area of 43,594 sq ft with a built-up area of 1,00,429 sq ft, representing a significant investment in the commercial real estate space in the National Capital Region.
Mumbai's Luxury Real Estate Momentum
The Andheri West transaction adds to a growing list of high-value luxury real estate deals in Mumbai. The city's prime residential market has witnessed sustained demand from business leaders, entrepreneurs, and high-net-worth individuals seeking premium homes in well-connected locations.
Andheri West, in particular, has emerged as a preferred residential destination due to its:
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Strategic location with connectivity to both Western Express Highway and the metro network
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Proximity to commercial hubs, entertainment districts, and social infrastructure
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Presence of luxury residential developments from top-tier developers like DLF
DLF The West Park Project
DLF The West Park is a premium residential development in Andheri West, known for its high-end specifications, modern amenities, and strategic location. The project has attracted discerning buyers seeking luxury living in one of Mumbai's most vibrant suburbs.
Outlook
The record-breaking transaction by Rikant Pittie underscores the continued strength of Mumbai's luxury residential market, particularly in the western suburbs. With per sq ft rates reaching new highs, the deal signals sustained confidence among high-net-worth buyers in the value proposition of premium branded residences in well-located micro-markets.
An email query was sent to DLF and EaseMyTrip regarding the transaction. The story will be updated if a response is received.