One of Mumbai’s most premium property transactions of the year has just been inked — a ₹58.3 crore sale of a sprawling flat in the ultra-luxurious Ceejay Residency at Worli, a landmark tower closely associated with politician Praful Patel.
The sale, finalized on October 9, 2025, has drawn attention not only because of its sky-high price tag but also due to the property’s prestige and the personalities involved. The seller — Messrs Prime Realty LLP, where Patel is a partner — was represented by his son Prajay Praful Patel, who signed the sale deed.
The buyer? The Dattani family, reputed industrialists linked with Sanathan Textiles, a known name in the textile and manufacturing sectors.
💰 A ₹58.3 Crore Slice of Mumbai’s Skyline
The apartment, sprawling across 563.29 square meters (around 6,063 sq ft), is the kind of address that defines Mumbai’s high-luxury skyline.
Of this, 5,510 sq ft makes up the elegant living area, while another 420 sq ft is reserved for a private balcony — a luxury that offers unobstructed sea views of the Worli coastline.
The buyers will also enjoy access to several car parking spaces, reflecting the bespoke privileges that come with Ceejay Residency ownership.
For this transaction, the buyers paid a stamp duty of ₹3.49 crore and a registration fee of ₹30,000, adding to the overall cost outlay that nears ₹62 crore — one of the priciest residential deals recorded in 2025.
🧾 The Buyer-Seller Equation
The sellers — Prime Realty LLP, represented by Prajay Praful Patel — managed the transaction. On the other side were the Dattani family members — Sonali Ajaykumar Dattani, Ajay Valabhdas Dattani, Valabhdas V. Dattani, and Akash Ajay Dattani, all residents of Worli’s upscale neighbourhoods.
While the Patels are well-known in political and real estate circles, the Dattanis are prominent business figures with deep roots in the Sanathan Textiles group, one of India’s major textile players known for innovation and exports.
📉 Context: Mumbai’s Ultra-Luxury Market Stays Strong
Despite a broader slowdown in mid-range property registrations this October, Mumbai’s luxury segment continues to outperform expectations. The city has seen multiple high-ticket transactions in 2025, with several exceeding the ₹50 crore mark in prime locations like Worli, Malabar Hill, and Bandra.
Real estate analysts note that these deals reflect renewed confidence among India’s ultra-high-net-worth individuals (UHNWIs), who continue to view Mumbai’s prime real estate as both a lifestyle and a legacy investment.
“Luxury real estate in Mumbai has moved beyond being a home; it’s a statement of stature and permanence,” said a senior property consultant.
🏗️ A Symbolic Transaction
For observers of both politics and property, this deal carries symbolism. Ceejay Residency, long associated with Praful Patel, has been part of Mumbai’s real estate lore — a blend of political clout and architectural luxury.
With this ₹58.3 crore sale, the baton of ownership has passed to another Mumbai business family, reinforcing the city’s continuous cycle of wealth, ambition, and aspiration.
📊 Key Transaction Highlights
- Property: Apartment at CeeJay Residency, Worli
- Size: 6,063 sq ft (5,510 sq ft carpet + 420 sq ft balcony)
- Seller: Prime Realty LLP (associated with Praful Patel)
- Buyer: Dattani family (Sanathan Textiles group)
- Sale consideration: ₹58.3 crore
- Stamp duty: ₹3.49 crore
- Registration fee: ₹30,000
- Deal date: October 9, 2025
🏠 Luxury That Redefines Mumbai Real Estate
From panoramic views to private podiums, the CeeJay Residency sale captures what Mumbai’s top-end property market represents — scarcity, sophistication, and status.
At a time when most buyers are navigating high interest rates and subdued sentiment, the city’s elite continue to seal record-breaking transactions — and this one just raised the bar again.
Also Read: Prajay Praful Patel sells Worli Flat for Rs 45 Crore
