Prestige Mumbai
Prestige Mumbai refers to the portfolio of real estate projects by Prestige Group in the city. Prestige is actively developing in Mumbai with multiple ongoing and upcoming launches. The company has already completed its first three Mumbai projects spanning 2.8 million sq ft.
Mumbai is a new frontier for Prestige’s expansion beyond South India, backed by solid capital infusion (e.g., ₹20 billion deal with ADIA and Kotak AIF). Prestige Mumbai is therefore a high-interest area for homebuyers and investors seeking luxury with credibility.
- Prestige Daffodils, Pali Hills — 1.24 acres, 19-storey tower, 50 apartments (3 & 4 BHK, 1,206–3,188 sq ft). 3 BHK price starts ~₹15 crore.
- Prestige Siesta / The Prestige City, Mulund & Prestige Jasdan Classic, Mahalaxmi — first three completed projects marking Prestige’s entry into Mumbai.
- Prestige Ocean Towers, Marine Lines — 4 BHK (2,500 sq ft) to 6 BHK (5,000 sq ft), estimated ₹24–48 crore.
- Prestige Jasdan Classic, Mahalaxmi — 2 BHK (840 sq ft) to 4 BHK (2,307 sq ft), price ~₹4.58–12.66 crore.
- The Prestige City, Mulund West — integrated township approach, 2–4 BHK units, ₹3.04–6.77 crore.
- South Mumbai projects (Ocean Towers, Marine Lines): ₹24–48 crore for large 4–6 BHK units.
- Suburban projects (Mulund, The Prestige City): 2–4 BHK units ~₹3.04–6.77 crore.
- Prestige Daffodils, Pali Hills: 3 BHK units start ~₹15 crore.
- Prestige has a strong reputation from Bangalore and other cities, applied in Mumbai.
- Completed projects (Siesta, Jasdan Classic) reflect careful design, finishes, and delivery commitment.
- Institutional backing (₹20B ADIA deal) ensures financial strength for execution.
- Local delivery, finishing standards, and after-sales remain crucial; buyers should inspect sample flats and timelines.
- Prestige Mumbai reviews highlight premium interiors, amenities, elegant design, with minor finishing touch issues.
- Venkata Narayana K resigned effective May 10, 2024.
- Tariq Ahmed appointed Executive Director & CEO of West India (including Mumbai).
- Irfan Razack remains Chairman & MD of Prestige Group nationally.
Prestige Mumbai office efforts are emerging in mixed-use and commercial towers, complementing residential projects and establishing business hubs alongside luxury residences.
Prestige Mumbai represents a bold expansion for Prestige Group, blending luxury, prestige, and strong design in India’s financial capital. Completed projects and a strong upcoming pipeline in Marine Lines, Mulund, and Mahalaxmi mark their presence.
Prices range from ₹3 crore in suburbs to ₹24–48 crore in South Mumbai. Construction quality is backed by Prestige’s legacy and institutional funding, while the CEO for West India (including Mumbai) is Tariq Ahmed, with Irfan Razack leading the group overall. Prestige Mumbai offers a strong branded luxury choice for buyers, subject to due diligence.
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