Mumbai : JSW Realty, the real
estate arm of JSW Group, today announced the signing of a development agreement
with the Patel Family for Malabar Court, an exclusive property in Mumbai’s most
established residential neighbourhood.
Malabar Court has been home to the Patel family for over seven decades
and holds a distinctive place in the neighbourhood’s residential fabric. The
agreement reflects the confidence that long-standing property owners
increasingly place in JSW Realty.
Sprawling across just under an acre, the plot
is located adjacent to the Malabar Hill Club. The project draws from its Art
Deco legacy while adopting a contemporary design approach.
Planned as a boutique luxury residential
tower, the development is expected to generate a topline of over INR 2,000 crore. It will offer exclusive residences, including single floor homes, duplexes
and a signature penthouse.
The project is also expected to feature a
curated suite of wellness and lifestyle amenities designed to offer residents a
private and tranquil retreat within the city.
Commenting on the
development, Sujal Shroff, CEO, JSW Realty, said, “Malabar Court is envisioned as a rare
offering shaped by continuity rather than reinvention. Over the last five
years, we have meticulously built a portfolio that prioritizes quality and
architectural integrity. With Malabar Court, we strengthen our commitment to
developments that honour the legacy of the neighbourhood while delivering
enduring institutional value.”