The demand for luxury apartments in Mumbai is witnessing a significant surge, driven by changing lifestyle preferences, increasing urbanisation, and the need for premium living in prime locations. With a growing segment of young professionals, MSME owners and nuclear families seeking compact luxurious homes, areas such as Dadar and Shivaji Park have emerged as the top choices for homebuyers looking for comfort and potential investment.

Smaller units are popular as they have more resale value and a host of other advantages in the real estate market.

In cities such as Mumbai where space commands a premium, well-designed and luxurious 1 and 2-BHK homes are now seeing increasing demand.

Riding the growing demand, Viyaara Realty has launched South Mumbai’s first development of one and two BHK residences with about 11-feet floor-to-floor height.

The project offers well planned 1 BHK (445 sq.ft.) and 2 BHK (650 & 720 sq. ft.) configurations. The pricing ranges from approximately ₹2.3 crore to ₹4 crore.

RERA completion is targeted for 2029, ensuring a well-planned and structured development for future homeowners.

Being in the heart of the city -- Dadar and Shivaji Park -- offers a combination of luxury and accessibility, making it an ideal choice for buyers looking to upgrade their lifestyle with a home in South Mumbai.

Priyanka Jindal Gupta, Advisor, Viyaara Realty said the demand for smaller luxurious residences in prime locations is on the rise and considering the luxury element the new project has been receiving good response.

With easy access to commercial hubs, top-tier educational institutions, and recreational spaces, this project is positioned as an ideal investment choice, said Manoj Paliwal, Director. Viyaara Realty has delivered 15 luxury developments spanning 4 million sq.ft. in Mumbai.

Published on February 25, 2025