Sotheby’s Realty partners with Prime Realty Group’s The Residency

The most captivating feature of this project is its coveted location combined with its design. The floor-to-ceiling windows in each apartment offer panoramic sea views 360-degree views of the city’s iconic landmarks including Haji Ali, Mahalaxmi Racecourse and the upcoming Mumbai coastal road

India Sotheby’s International Realty, a luxury real estate transaction and advisory firm, announced the signing of an exclusive sales and marketing mandate with The Residency at Worli, Mumbai that houses 19 ultra-luxury residences worth Rs 800 crore. These residences are ready with completion and occupancy certificates. Prime Realty Group is the developer of this project.

Situated in Mumbai’s prime location Dr Annie Besant Road in Worli, The Residency stands tall as a captivating modern building, housing one residence per floor with 18 residences and 1 duplex penthouse. These flexible yet luxurious residences have a grand footprint of approximately 5,510 sq ft which includes 425 sq ft of balcony space each. Imagined as elegant living spaces, these residences can be customized to configurations up to five bedrooms. Talati & Partners have skillfully combined every necessary utility with lavish amenities to make living at The Residency an experience in itself.

Talking to Bizz Buzz, Prajay Patel, Managing Partner of Prime Realty Group says, “The Residency is an exclusive residential project in Worli, offering ultra-luxury apartment that are ready for interiors and occupancy.”

“Our strategic approach involved completing the project before its market launch, giving potential buyers the opportunity to personally experience the sought after neighbourhood, stunning design, floor-to-ceiling windows, and breathtaking 360 views of Worli Sea Face, Race Course & Haji Ali. Our vision was to create another landmark like CEEJAY house, which has consistently been a chosen address for top corporate offices,” he said.

The most captivating feature of this project is its coveted location combined with its design. The floor-to-ceiling windows in each apartment offer panoramic sea views360-degree views of the city’s iconic landmarks including Haji Ali, Mahalaxmi Racecourse, Nehru Planetarium, and the upcoming Mumbai coastal road.

“We are elated to get the exclusive marketing mandate for The Residency. The project embodies luxury living at its best,” said Amit Goyal, Managing Director of India Sotheby’s International Realty. “Luxury real estate sales in India’s financial capital and its wealthiest city registered record-setting sales in the first six months of 2023. We believe this project offers the UHNIs of Mumbai a once-in-a-lifetime opportunity to own a truly unique lifestyle in the financial capital’s high-demand location, Worli.”

Xerxes Talati, the founder of Talati & Partners adds, “As a design firm, we are truly proud of being the architects of The Residency. This project elevates luxury living by many notches and is unmatched in both the expansive living it offers, and the 360-degree views. Every minute detail of the single-floor residences has been curated to enhance the quotient of luxury living. We believe that the freedom to customize and design the space is an additional advantage. Well-traveled global wealthy have their own preferences for space and interiors.”

The prime location of the building, Dr Annie Besant Road in the heart of Mumbai, is an exceptional mix of heritage and vibrant modern energy. The road provides easy access to the city's most iconic landmarks, major business districts, cultural centers, and leisure destinations, making it a sought-after address.

Real estate has made a meaningful come-back into the UHNI portfolios, with wealth creation in India growing at a fast pace, and the country’s demand.