NSE CEO Buys ₹10 Crore Flat In Mumbai, Here’s What Drove The Big-Ticket Purchase

admin By admin 2025 年 10 月 6 日

**Mumbai MD & CEO of NSE Ashishkumar Chauhan Buys Luxurious Apartment in Lodha World Towers**

Ashishkumar Manilal Chauhan, Managing Director and CEO of the National Stock Exchange (NSE), has made headlines with a significant real estate acquisition in Mumbai. Chauhan purchased a luxurious apartment in one of the city’s most high-profile residential towers, the iconic Lodha World Towers located in Upper Worli.

According to property documents reviewed by Liases Foras Real Estate Research & Rating Pvt Ltd, the apartment is situated on the 11th floor and spans nearly 2,000 square feet of built-up area. The property comes with three dedicated car parking spots and was officially registered on October 4, 2025. Chauhan bought the apartment directly from Lodha Developers Limited, one of India’s premier real estate developers.

Neither Ashishkumar Chauhan nor Lodha Developers responded to inquiries regarding the transaction.

### A Home That Matches a High Salary

Chauhan, who leads India’s largest stock exchange, earns a gross annual salary of Rs 12.09 crore as per NSE’s annual report for 2024-25. With a net annual income of Rs 6.78 crore, this property purchase comfortably aligns with his financial capacity.

### SEBI Chairman’s Luxury Rental Sparks Interest

In a related development, just weeks before Chauhan’s purchase, the Securities and Exchange Board of India (SEBI) leased a 5-BHK luxury apartment for its Chairman, Tuhin Kanta Pandey, located in Mumbai’s upscale Prabhadevi area.

The three-year rental agreement is valued at Rs 7 lakh per month, totaling an estimated Rs 2.65 crore over the lease term. The rented flat is situated in Rustomjee Crown and includes four car parking spaces.

### Festive Season Drives Mumbai Property Boom

These high-profile real estate transactions come amid a sharp spike in Mumbai’s property market during the festive season. During Navratri and Ganesh Chaturthi 2025, the city recorded 10,630 property registrations—a 23% increase compared to the previous year.

This surge generated revenue of Rs 587 crore for the state, highlighting how both prominent personalities and everyday buyers are fueling Mumbai’s ongoing real estate boom.
https://www.freepressjournal.in/business/nse-ceo-buys-10-crore-flat-in-mumbai-heres-what-drove-the-big-ticket-purchase

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