28, February, 2024
HomeBusinessRenowned Fashion Designer Vratika Gupta Acquires Luxurious Residence in Mumbai's Three Sixty West Tower

Renowned Fashion Designer Vratika Gupta Acquires Luxurious Residence in Mumbai’s Three Sixty West Tower

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Fashion maven and Maison Sia luminary Vratika Gupta recently secured a lavish abode in Mumbai’s prestigious “Three Sixty West” building for a staggering Rs 116.42 crore, as disclosed by IndexTap.com, a prominent real estate data analytics company.

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The opulent Lower Parel residence spans an impressive 12,138 square feet and boasts the convenience of eight dedicated parking spaces for cars. The property transaction was officially registered on January 7, 2024, with a stamp duty amounting to Rs 5.82 crore.

This acquisition adds to the glamour of the ‘Three Sixty West’ complex, which garnered widespread attention in 2023 for sealing India’s largest property deal. Notably, on February 3, 2023, family members and associates of D’Mart founder Radhakrishna Damani acquired 28 units within Mumbai for a remarkable Rs 1,238 crore.

The project witnessed a series of high-profile transactions in 2023, including the purchase of a Rs 73.50 crore apartment by the promoter of Everest Food Products Private Limited.

In March, Avener Capital and Bajaj Consultants made a notable investment, acquiring a duplex in the complex for approximately Rs 100 crore.

Encompassing upscale 4BHK and 5BHK units across two towers, the Three Sixty West project uniquely features one tower hosting the Ritz-Carlton Hotel, and the other catering to luxury residences managed by a global hospitality chain. The towers, standing at a majestic height of 360 meters, derive their name from the breathtaking panoramic sea views, with all apartments strategically oriented to the west.

Vratika Gupta, an alumna of the National Institute of Fashion Technology (NIFT) and Pearl Academy of Fashion, embarked on her illustrious fashion journey as an Apparel Designer at Anjuman Fashions Ltd. Her tenure at ANJU MODI label from 2009 to 2011 further solidified her position in the industry.

Transitioning to the role of Design Director at Two White Birds from 2011 to 2016, she co-founded the brand, combining vibrant Indian heritage with modern Western sensibilities. Known for her designs characterized by bright colors, traditional textiles, and intricate detailing, Two White Birds became synonymous with both style and comfort.

In 2017, Vratika ventured into entrepreneurship, establishing Vratika & Nakul alongside her husband, Nakul Aggarwal, specializing in handcrafted pieces seamlessly blending Indian heritage with Western sensibilities.

Building on her creative endeavors, 2022 saw the inception of Maison Sia, her high-end home decor brand. Inspired by her passion for travel and love for unconventional architecture, Maison Sia stands as a haven for artistically sophisticated products.

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Vratika Gupta’s recent real estate acquisition further cements her status as a tastemaker and entrepreneur, seamlessly transitioning between the worlds of fashion and luxury living.

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