"Saddened by demise of respected leader of Dawoodi Bohra community Dr Syedna Mohammed Burhanuddin. His demise is a great loss for society," Modi's post on micro-blogging site Twitter said.
"We will remember Syedna Sahib as a great man who devoted his life in bringing smiles on people's faces and spreading message of peace, harmony," he said.
Syedna Burhanuddin (102) died due to cardiac arrest in Mumbai today.
State Governor Kamla Beniwal said in her condolence message that Syedna Burhanuddin's humanitarianism for taking social life to another level is extremely appreciative.
Recalling Syedna's relationship with Gujarat, Modi said, "Syedna Sahib had a very close relation with Gujarat! Gujarat has always been fortunate to have got his blessings in it's development journey".
Syedna had a very large following in form of Dawoodi Bohra community in the state.