Worli Sees 30+ Ultra-luxury Homes Sold for Rs. 5,500 Cr in 2 Years

Worli in the Mumbai Metropolitan Region has officially crossed the threshold from aspirational luxury destination to India's undisputed ultra-high-net-worth residential fortress. New data from the ANAROCK and 360 One Wealth report, ‘The Pinnacle of Luxury: Worli’, reveals a staggering concentration of wealth - 30+ homes priced above INR 40 crore each were sold in just 24 months, totalling over INR 5,500 crores – a transaction velocity that redefines India's residential real estate pecking order.

Worli's Stranglehold on Ultra-Luxury

Anuj Puri, Chairman – ANAROCK Group, says, “40% of India's entire ultra-luxury apartment market is now Worli. That singular statistic captures the micro-market's unprecedented dominance.

Across the entire country – from Bangalore's sprawling tech corridors to Delhi's power pockets – Worli accounts for nearly half of all transactions exceeding INR 40 crores.”

“The momentum is only accelerating,” he adds. “2025 alone witnessed one of India's costliest apartment transactions - 2 duplexes sold for INR 700+ crores. Over the past three years, Worli has seen over 20 residential deals individually priced above INR 100 crores closed.”

Where Mumbai’s Ultra-Luxury Lives

Premium tower apartments in Worli now command INR 65,000 to INR 1,00,000+ per sq. ft. – pricing that positions it as India's equivalent to New York's Lower Manhattan, not merely in aspiration, but in hard economics.

The price-to-size breakdown tells the story:

Below INR 8 Cr: Sub-1,000 sq. ft. units

INR 8-16 Cr: 1,000-2,000 sq. ft. apartments

INR 16-24 Cr: 2,000-3,000 sq. ft. apartments

INR 24-32 Cr: 3,000-4,000 sq. ft. apartments

Above INR 32 Cr: 4,000+ sq. ft. ultra-premium residences

Rather than mere real estate appreciation, this can be seen as wealth concentration becoming geographic.

Also Read: New Home Rent Rules 2025: A Complete Guide for Landlords & Tenants

From Industrial Pocket to Global Skyline

Two decades of relentless development have transformed from a largely nondescript industrial zone into a curated lifestyle ecosystem. There are nearly 4-5 million sq. ft. of premium residential and retail space currently under construction here, and this is just the visible layer of a deeper structural shift.

Supporting Infrastructure - INR 69,000+ crores in completed or ongoing infrastructure projects now ribbon through the Worli micro-market. The iconic Bandra-Worli Sea Link and partially operational Mumbai Coastal Road are new economic corridors reshaping Mumbai's geography.

Commercial Office Market

Residential dominance masks another reality in Worli - commercial office space commands INR 180-375 per sq. ft. monthly rents with a razor-thin 8.1% vacancy rate. In India's commercial real estate context, this is scarcity pricing which signals that institutional capital sees Worli not as a residential-only play but as Mumbai's emerging central business district.

 INR 36,000+ Crore Incoming Pipeline

 Land transactions totalling INR 7,600+ crores have already closed from 2023 onwards in and around Worli, with revenue potential exceeding INR 36,000+ crores. In residential alone, INR 19,000-21,000 crore worth of projects are mid-construction.

Looking ahead, at least 40 acres of real estate projects by India's most reputed developers are in the pipeline, denoting a land bank that can potentially generate tens of thousands of crores in future transaction value.

Also Read: Luxury Real Estate Sales: Winning High-Net-Worth Clients

Wealth Consolidation

Worli today represents something larger than a luxury residential market. It is the physical manifestation of India's wealth concentration – a 40 percent stranglehold on the nation's ultra-high-net-worth residential transactions, commanding prices that rival global peers, supported by INR 69,000+ crore infrastructure ecosystem, and fed by an incoming INR 36,000+ crore pipeline.