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

Vratika Gupta, who bought a Rs 116 crore Mumbai flat, is an alumna of the National Institute of Fashion Technology (NIFT).

January 12, 2024 / 16:01 IST
Vratika Gupta is a fashion designer and founder of Maison Sia, a luxury home décor company. (Image: @vratikaaggarwal/LinkedIn)

Vratika Gupta is a fashion designer and founder of Maison Sia, a luxury home décor company. (Image: @vratikaaggarwal/LinkedIn)

Vratika Gupta, a fashion designer and founder of Maison Sia, a luxury home décor company, recently acquired 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, began her career in the fashion world as an Apparel Designer at Anjuman Fashions Ltd. She worked as a designer for the label ANJU MODI from 2009 to 2011.

Gupta declined to comment on the development.

Also Read: Mumbai real estate: Everest food products promoter purchases apartment for Rs 73.50 crore in Oberoi’s 360 West

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

Also Read: Comedian Bhuvan Bam buys 2,233 sq ft bungalow in Delhi's Greater Kailash for Rs 11 crore

In 2022, she founded Maison Sia, a luxury home decor brand. Inspired by her love for travel and an affinity 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 news in 2023 for having registered India's biggest property deal in the country. This was when 28 units were bought 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.

Also Read: D’Mart’s Damani seals country's largest real estate deal at Rs 1,238 cr for 28 luxury apartments

Three Sixty West is a project that contains luxury 4BHK and 5 BHK units. It comprises two towers, one housing the Ritz-Carlton Hotel and the other housing luxury residences managed by the global hospitality chain. The sea-view project presumably gets its name because its height is 360 metres, and all apartments face west.

Moneycontrol News
first published: Jan 12, 2024 02:29 pm

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