Mumbai redevelopment news: JSW Realty said it has signed an agreement with the Patel family, owners of Malabar Court, where it plans to develop a luxury project | Real Estate News
 JSW Realty signs agreement to redevelop Malabar Court in South Mumbai, eyes ₹2,000 crore potential

JSW Realty to Redevelop Malabar Court in South Mumbai for ₹2,000 Crore

JSW Realty, the real estate arm of the JSW Group, has signed a development agreement to redevelop Malabar Court in South Mumbai's upscale Malabar Hill.

Key Highlights:

  • Revenue Potential: Over ₹2,000 crore
  • Project Type: Luxury residential project with exclusive residences, including single-floor homes, duplexes, and a signature penthouse
  • Location: Adjacent to the Malabar Hill Club, spanning an area of under one acre
  • Design Approach: Contemporary design approach drawing from the project's Art Deco legacy

"The company today signed a development agreement with the Patel Family for Malabar Court, an exclusive property in Mumbai's most established residential neighbourhood," said a company statement.

According to Sujal Shroff, CEO, JSW Realty, "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 prioritises quality and architectural integrity."

Project Features:

  • Exclusive residences, including single-floor homes, duplexes, and a signature penthouse
  • A curated suite of wellness and lifestyle amenities designed to offer residents a private and tranquil retreat within the city

JSW Realty is the real estate development arm of the $23 billion JSW Group, combining architectural sensitivity, sustainability, and disciplined execution to deliver high-quality projects anchored in long-term value creation.

About JSW Realty:

  • Portfolio includes bespoke residences, integrated townships, curated projects, and mixed-use developments
  • Commitment to developments that honour the legacy of the neighbourhood while delivering enduring institutional value