Mumbai – Gaurav Trehan, the CEO of KKR India, has made headlines with the acquisition of a luxurious apartment worth ₹88 crore in one of Mumbai’s most exclusive neighborhoods, Carmichael Road. The high-end property, located in the heart of South Mumbai, is known for its opulent homes and proximity to key commercial hubs, making it a prime location for elite buyers.
The sprawling residence, spread across several thousand square feet, is part of a newly-developed luxury building that offers world-class amenities such as a private elevator, panoramic sea views, and state-of-the-art facilities. Trehan’s purchase has sparked interest in the high-end real estate market, which has seen a resurgence in demand in recent months, particularly in the premium segment.
Carmichael Road, known for its upscale residences and proximity to iconic landmarks such as the Nariman Point business district and heritage sites like the Gateway of India, remains one of Mumbai’s most coveted addresses. The area continues to attract top business leaders, celebrities, and international investors seeking a blend of comfort, privacy, and luxury.
Trehan’s acquisition signals confidence in Mumbai’s real estate market, which, despite challenges, continues to draw wealthy individuals looking for prestigious properties. The KKR India CEO’s investment is expected to further fuel interest in high-value properties in Mumbai, especially in the luxury and super-luxury segments, which have witnessed a steady influx of buyers in recent years.
As one of the foremost private equity firms globally, KKR’s influence in India has also contributed to the growing wealth concentration in the country’s metropolitan hubs, positioning Mumbai as a global real estate hotspot.