Worli, Mumbai, to See the Development of a Luxury Residential Project by K Raheja Corp

Real estate developer K Raheja Corp has revealed intentions to build a premium apartment complex with a potential income of over ₹2,000 crore on a 2.5-acre plot of land in Worli, Mumbai. A revenue sharing arrangement between the developer and the landlord has been.

Finalised, with the developer getting 57% of the revenue share and the landlord receiving the remaining 43%. Every facet of the project, including planning, design, clearances, execution, branding, and sales initiatives, will be supervised by K Raheja Corp. The project is planned to be finished in five years and have a development potential of about 3 lakh square feet of carpet space.

K Raheja Corp to Develop Luxury Residential Project in Worli, Mumbai

Mumbai’s upscale Worli area is set to witness the development of a luxury residential project by K Raheja Corp, one of India’s leading real estate developers. Known for its premium residential, commercial, and retail developments, K Raheja Corp aims to introduce an ultra-modern, high-end residential complex catering to elite homebuyers and investors.

Project Location and Significance

Worli, located in South Mumbai, is among the city’s most sought-after neighborhoods, known for its sea-facing views, upscale lifestyle, and proximity to business hubs like Lower Parel and BKC (Bandra-Kurla Complex). The new project is expected to offer world-class amenities, spacious residences, and state-of-the-art architecture, setting a new benchmark for luxury living in Mumbai.

Bandra-Worli Sea Link, reducing travel time to the western suburbs.

Upcoming Coastal Road, further enhancing accessibility.

Metro Line 3, improving connectivity with key areas of Mumbai. The location also provides excellent connectivity through:

Features and Offerings

While official details of the project are yet to be announced, industry experts anticipate:

• Exclusive Residences: Premium apartments and penthouses with breathtaking sea views.
• High-End Amenities: Private clubhouses, infinity pools, sky lounges, and wellness centers.
• Sustainable Design: Green building certifications with energy-efficient and eco-friendly features.
• Smart Homes: Integrated home automation systems for enhanced convenience and security.

Given K Raheja Corp’s track record of developing landmark luxury properties, this project is expected to attract high-net-worth individuals (HNWIs), corporate executives, and global investors looking for exclusive real estate assets in Mumbai.

Real Estate Market Impact

The launch of this project comes at a time when Mumbai’s luxury housing market is witnessing strong demand. Several key factors are driving this trend:

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• Rise in Ultra-Luxury Property Investments: The post-pandemic boom in high-end real estate has seen a surge in demand for spacious, well-located residences.
• Limited Land Availability in South Mumbai: With scarce land for new developments, luxury projects in prime areas like Worli become highly valuable.
• Strong ROI in Luxury Housing: Property appreciation and rental yields in Worli continue to outperform many other locations in Mumbai.

K Raheja Corp’s upcoming luxury residential project in Worli is set to redefine Mumbai’s high-end real estate landscape. With prime location advantages, premium offerings, and increasing demand for ultra-luxury homes, the project is expected to attract elite buyers seeking exclusivity and modern living. As Mumbai’s skyline evolves, this development will further reinforce Worli’s reputation as a top-tier residential destination in the city.

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