Worli’s ₹5,500 Crore Luxury Boom Is Reshaping India’s High-End Property Market
Worli’s ₹5,500 Crore Luxury Boom Is Reshaping India’s High-End Property Market
Worli, Mumbai’s emerging business district, has set a new benchmark in India’s luxury real estate market by recording the sale of over 30 homes priced above ₹40 crore each in just two years. The locality also witnessed an exceptional transaction, with two duplexes selling for more than ₹700 crore, ranking among the country’s costliest deals.

Table of Contents

  1. Introduction
  2. Worli Emerges as India's Luxury Hotspot
  3. Price Range of Premium Tower Apartments in Worli?
  4. Worli's Commercial Market
  5. Conclusion
  6. Faq's

Introduction

Worli, one of the affluent localities in Mumbai, has made a mark in the city's real estate market. As per the report, this locality recorded the sale of over 30 homes priced above ₹40 crore each in just two years, setting a benchmark in the country's luxury segment.

The prices of the ultra-luxury homes in Mumbai are now at the same level as those in Lower Manhattan in New York, as noted by the report. Some of the most opulent apartments in Worli are worth more than ₹1 lakh per sq ft. This reflects India's financial capital due to the increase in wealth and property values.

Worli Emerges as India's Luxury Hotspot

Worli recorded the transactions of over 20 individual residencies worth more than ₹100 crore in the past three years. In 2025, the locality also witnessed an exceptional transaction, with two duplexes selling for more than ₹700 crore, ranking among the country's costliest deals.

According to the reports, Worli consists of 40 percent of the ultra-luxury apartment market in India and is considered the country's wealth concentration. Holding nearly 40% of India's ultra-HNI home sales, the market commands global-level price points, backed by ₹69,000 crore worth of infrastructure and an upcoming pipeline exceeding ₹36,000 crore.

The area has around 4-5 million sq ft of premium residential and retail space which is under construction, changing it from an ordinary industrial area to a modern lifestyle ecosystem. Worli's growth is being reinforced by over ₹69,000 crore worth of completed and upcoming infrastructure projects. According to the report, developments like the Bandra-Worli Sea Link and the partially opened Mumbai Coastal Road are emerging as key transport corridors that are redefining Mumbai's connectivity and urban layout.

Price Range of Premium Tower Apartments in Worli?

The prices of ultra-premium tower apartments in Worli range from ₹65,000 to more than ₹1,00,000 per sq ft, which is similar to the pricing of New York's Lower Manhattan's homes. The price range per sq ft is:

  • 1,000 sq ft - ₹8 crore
  • 1,000-2,000 sq ft - ₹8 crore to ₹16 crore
  • 2,000-3,000 sq ft - ₹16 crore to ₹24 crore
  • 3,000-4,000 sq ft - ₹24 crore to ₹32 crore
  • More than 4,000 sq ft - Above ₹32 crore

Worli's Commercial Market

The monthly rent of the commercial offices in Worli range from ₹180 to ₹375 per sq ft with a 8.1% vacancy rate. This reflects the locality's strong demand, resulting in becoming Mumbai's emerging business district. The institutional capital not only views Worli as a residential locality but also a rapidly evolving central business district, as the report stated.

Conclusion

Due to these ongoing and upcoming developments positioned in the locality, Worli is one of Mumbai's most valuable real estate corridors, with substantial growth and revenue potential in the years ahead. With more than ₹7,600 crore worth of land deals taking place in or around Worli and a revenue potential of more than ₹36,000 crore, this neighbourhood continues to be Mumbai's emerging business district.

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