A heritage 6 BHK bungalow named Leela, listed as a Grade IIB heritage property, has been put up for sale for ₹250 crore, as per the sources. Located in Mumbai's Juhu area, this bungalow is owned and offered for sale by the Nanavati family, promoters of the Nanavati Hospital in Mumbai's Vile Parle area.

• The sea-facing bungalow is located on a 14,858 sq ft plot, built in an Art Deco style during the 1950s with a built-up area of approximately 8,480 sq ft.
• According to the sources, it features a ground floor as well as two floors above, consisting of a dining room, two living rooms, six bedrooms, sea-facing balconies, two verandahs, a sea-facing garden, a staff room, a terrace of 2,653 sq ft and four parking spaces.
• While the ground floor has one living room, one sitting area, two bedrooms, one dining room, and a kitchen with storage, the first floor also features one living room, one sitting area, four bedrooms, four washrooms and two balconies. The second floor is designated for the terrace which is spread across 2,653 sq ft.
• High-net-worth individuals (HNIs) and several developers have expressed interest in purchasing the bungalow.

Juhu is considered to be one of the preferable locations in Mumbai for Bollywood celebrities, producers and directors as well as high-net-worth individuals because of its central location, excellent connectivity and proximity to areas such as Andheri, Goregaon, Khar and Bandra. The price range per sq ft of the apartments in this area is from ₹60,000 per sq ft to ₹1 lakh per sq ft.

This area housing luxury homes also offers a beautiful sea-view, attracting affluent families who seek some of the most sought-after properties in luxury real estate.

Mannat bungalow, now owned by Shah Rukh Khan and was originally owned by Nariman A. Dubash is located in Bandra, Mumbai. This heritage property which was built in 1914, is classified as Grade-III heritage property, meaning the original bungalow cannot be changed. The estate has been further expanded behind the main house by adding a six-storey annexe named 'Mannat Annexe'.

1. Laxmi Nivas Bungalow

Laxmi Nivas bungalow, which was a hiding place for freedom fighters during the Quit India Movement in the 1940s, is situated on the Nepean Sea Road. In February 2025, this bungalow was sold for ₹276 crore.

2. Dwarka Bungalow

Luxury real estate developer ZYJ Builders and Developers' subsidiary bought the Dwarka bungalow located in Santacruz for ₹164 crore in November 2025.

Mumbai has over 1,000 listed heritage properties, showcasing heritage structures and rich history of architecture. Heritage-grade bungalows in Mumbai are protected under the city's heritage regulations because of their significance toward culture, architecture and history.

The sale of heritage bungalows in Mumbai is highly significant as it underscores a critical dynamic in the city's real estate market, which is the intersection of historical preservation and modern urban development. The selling of heritage bungalows set benchmarks for luxury real estate and facilitate the creation of exclusive, blended living spaces by combining heritage charm with modern amenities.