74 Storeys, ₹2800 Crore GDV: YM Infra and Ashwin Sheth Group Transform South Mumbai's Skyline
Mumbai: YM Infra, in a strategic association with Ashwin Sheth Group, has announced the launch of One Marina, a 74-storey luxury residential development in Marine Lines, South Mumbai. Spanning approximately 1.5 million sq. ft. of total development area and with an estimated Gross Development Value (GDV) of ₹2800 crore, this iconic project is poised to be the tallest residential tower in its immediate micro-market and a significant addition to the luxury premium SoBo housing demand in the island city. With limited large-format launches in South Mumbai over recent years, the scale and vertical ambition of One Marina mark a notable shift in the area’s development trajectory. One Marina will boast lifelong unobstructed views for its residents.
The project will comprise residences across 2, 3, 4 Bed configurations along with Duplex & Penthouses, with indicative ticket sizes ranging from ₹7 crore to ₹45 crore. Designed with a low-density layout of approximately six residences per floor, the tower emphasizes exclusivity and privacy while maximizing efficiency in vertical circulation. A defining design decision ensures that every apartment is oriented towards the Arabian Sea (95%). Positioned at 131 feet above sea level, the first habitable floor enhances privacy and unlocks expansive, uninterrupted sea views from every residence, reinforcing the project’s premium positioning. Inspired by New York’s Billionaire’s Row, the luxury amenities occupy the 69th & 70th floors.
Speaking on the launch, Suhail Yakub, Chairman of YM Infra Group mentioned, “Our vision for One Marina was never just about creating a luxury address, but about demonstrating how legacy land parcels in South Mumbai can be reimagined into transformative, world-class developments. One Marina is more than a residential tower – it is a symbol of regeneration, resilience, and responsible development that elevates both community and lifestyle.”
Atif Yakub, Managing Director of YM Infra Group added, “The journey of One Marina reflects YM Infra’s core strength – identifying potential where others see limitations and executing with precision to convert opportunities into landmark realities. This project offers a rare opportunity to introduce vertical scale with strong long-term and our commitment to creating sustainable value for stakeholders, residents, and the city at large.”
Ashwin N Sheth, Chairman and Managing Director of Ashwin Sheth Group, said, “One Marina reflects our continued focus on landmark developments and a return to SoBo after Beaumonde & Cnergy. With over four decades of delivery experience across MMR, we approach this project with a clear emphasis on design integrity, disciplined execution, and long-term value creation.”
Architecturally designed by world-renowned firm, ARK by Reza Kabul Architects, who are overseeing architecture and master planning. The landscape design is done by International consultant Site Concepts International, Philippines. Structural Consultant is the renowned Mahimtura Consultants & MEP Consultant PDA Associates. The global experts Kvant Lasers have been formally engaged to enhance and elevate the architectural illumination of the skyscraper. The tower introduces a contemporary award-winning vertical profile along Mumbai’s waterfront. The fully glazed façade integrates high-performance energy glass to enhance thermal efficiency while preserving panoramic views. The tower is planned with ample parking spaces, 722 distributed across eight podium levels and two basement levels, addressing a critical infrastructure requirement in South Mumbai’s dense urban fabric. The development strategy reflects a growth investment building long-term asset value.
The launch formalizes the strategic association between YM Infra, whose leadership has focused on expansion within high-value, supply-constrained luxury micro-markets, and Ashwin Sheth Group, a developer with over four decades of experience across the Mumbai Metropolitan Region. The collaboration brings together execution capability, brand equity, and growth capital at a time when South Mumbai continues to witness selective but high-impact residential launches. Marine Drive remains a tightly held residential pocket with limited redevelopment opportunities, making vertical scale and full sea frontage key differentiators in value creation.
