Runwal Realty, a prominent real estate developer, acquired a 4-acre land parcel in Mumbai's Worli neighbourhood for ₹800 crore, including taxes and government levies. The developer plans to build a 1 million square foot luxury residential development, generating ₹8,000 crore in revenue.

K Raheja Corp is redeveloping Mumbai's first mall, Sobo Central Mall, into a premium residential tower. It encompasses 1.3 acres in South Mumbai's premium Haji Ali neighbourhood and was launched in the late 1990s as Crossroads. A 50-story sea view skyscraper with almost 250,000 sq ft of development.

The real estate market in South Mumbai, the city's affluence, is changing. Now popular with luxury condos, the region was formerly dominated by lovely old-world houses. This shows that rich purchasers want homes with exclusivity, tradition, modern conveniences, and a thriving community culture.

Wellknown Polyesters Chairman Anil Gupta bought two luxury properties in South Mumbai's Malabar Hill region, influencing the luxury real estate market. The home sale, worth over INR 270 crore, established a new Indian residential property sales record at INR 1.41 lakh per square foot.

South Mumbai, predictably, has delivered the first big ticket size luxury real estate deal of 204 in Mumbai. Vratika Gupta, the founder and CEO of luxury home decor store Maison Sia, has set a new benchmark in Mumbai's real estate market by acquiring a sea-view residence in the exclusive Worli loca

25 South is a landmark that represents the premium real estate market in South Mumbai. It is located in the middle of Prabhadevi, one of South Mumbai's most coveted luxury location indeed.