Top 8 Real Estate Developers Investing in Mumbai’s Residential Market in 2025
Mumbai’s real estate market is witnessing rapid growth, with several leading developers investing heavily in residential and commercial projects. This article highlights the major players and their upcoming projects in 2025.
Real Estate Mumbai:Mumbai is a hub for many financial companies, driving strong growth in the real estate market. Infrastructure development and premiumization, contributed by prominent developers like Lodha Group, Godrej Properties, and Oberoi Realty, have significantly increased property values by attracting buyers and investors.
1. Lodha Developers
The Lodha group is a macrotech developer involved in residential, commercial, and digital infrastructure projects such as logistics and data centers. A recent project by the Lodha group is the MMR (Mumbai Metropolitan Region) project, set to launch in late 2025 to early 2026. This large-scale township has a Gross Development Value of Rs. 2300 crore and an expected total revenue potential of Rs. 25000 crore. Sales booking has already reached 7% year on year.
2. Godrej Properties
Godrej Properties is a well-known developer in Mumbai with a significant presence through numerous residential projects, commercial hubs, and townships. The Worli residential project, Godrej Trilogy, is a luxury residential project with 3 residential towers in 2 different phases. Phase 1 includes the seaturf and seafront towers, with an expected gross revenue of Rs. 10,000 crore. The project spans 2.63 acres in the prime south Mumbai enclave of Worli.
3. Oberoi Realty
Oberoi Realty, a Mumbai-based real estate development company with over 40 years of experience, specializes in premium residential, commercial, retail, hospitality, and social infrastructure projects. Recent projects include the Elysian Tower A and B in Goregaon East, part of the Oberoi Garden City Project on an 80-acre site. Prices start from Rs. 2.80 crore. Other notable projects include Eternia and Enigma in Mulund, and Three Sixty West in Worli, a luxury residential project with an expected revenue of Rs. 160 crore and prices starting from Rs. 85 crore per house.
4. Adani Realty
Adani Realty, the real estate arm of the Indian conglomerate, focuses on developing residential, commercial, and social club projects. The company aims to build world-class, high-quality spaces. Recent projects include the Navi Mumbai Township, a 1000-acre development near the Navi Mumbai Airport, and the Carmichael Road Plot in South Mumbai, a 1.1-acre site with an estimated budget of Rs. 170 crore. Other projects include the Motil Nagar Redevelopment in Gaurav, spanning 143 acres with a projected budget of Rs. 36000 crore, Monte South in Byculla, and The Views project.
5. Birla Estate
Aditya Birla Real Estate is a multinational conglomerate that develops residential, commercial, and mixed-use properties across India, focusing on luxury, sustainability, and modern design. Recent projects include Birla Niyaara in Worli, a large-scale residential project with 3BHK and 7BHK apartments planned over 10 acres, expected to be ready by 2028. Birla Vanya in Thane spans 21 acres and offers 1BHK, 2BHK, and 3BHK apartments, while Birla Anayu in Malabar Hills features 4BHK and 7BHK duplexes, set to be completed in March 2029.
6. K Raheja Corp
K Raheja Corp is a major Indian real estate developer with a diverse portfolio including residential, commercial, retail, and hospitality projects. A recent project in Mumbai, signed in January 2025, is the Kandivali Mumbai project, acquired for 5.75 acres with an expected budget of Rs. 466 crore for luxury residential and mixed-use developments.
7. Keystone Realtors
Keystone Realtors, operating under the brand name Rustomjee, is a prominent real estate developer in MMR. The company delivers a wide range of projects, including residential buildings, townships, retail spaces, and commercial parks. Recent projects include the Andheri West redevelopment project with a land area of 4.75 acres and a Gross Development Value of Rs. 3000 crore, and the GBT Nagar (Sion) project in collaboration with the Maharashtra Housing and Area Development Authority, covering 11.9 acres with a Gross Development Value of Rs. 4521 crore. This project will develop 1200 society members and 200 slum residents, undertaken in July 2025.
8. Piramal Realty
Piramal Realty is a diversified Indian conglomerate focusing on residential and commercial properties, emphasizing customer-centric quality and innovative design. Recent projects include Piramal Aranya Byculla, a 7-acre land development with the introduction of the Ahan II tower, offering around 700 homes. Piramal Mahalaxmi in Mumbai is a high-end project consisting of multiple towers offering premium residences, expected to be completed by December 2027.
Final Thoughts
Realty developers are particularly interested in key areas like Worli and Andheri, which have shown robust growth driven by infrastructure development and high demand in the premium and luxury segments. The real estate market in Mumbai is growing significantly due to the major IT sector, multinational companies, and data centers, leading developers like Godrej, Lodha, Adani, and others to acquire land parcels for residential and commercial developments for investors and buyers.
Frequently Asked Questions
What is the expected total revenue potential of the MMR project by Lodha Group?
The MMR project by Lodha Group is expected to have a total revenue potential of Rs. 25000 crore.
What is the size of the Godrej Trilogy project in Worli?
The Godrej Trilogy project in Worli spans 2.63 acres in the prime south Mumbai enclave.
What is the estimated budget for the Carmichael Road Plot project by Adani Realty?
The estimated budget for the Carmichael Road Plot project by Adani Realty is Rs. 170 crore.
When is the Birla Anayu project in Malabar Hills expected to be completed?
The Birla Anayu project in Malabar Hills is expected to be completed in March 2029.
What is the Gross Development Value of the GBT Nagar (Sion) project by Keystone Realtors?
The Gross Development Value of the GBT Nagar (Sion) project by Keystone Realtors is Rs. 4521 crore.