Prestige Group's presence on Pali Hill is anchored by Prestige Daffodils, a residential tower positioned on Nargis Dutt Road, opposite the Anil Ambani building and next to Krishnaraj Bungalow. This luxurious residential project is situated opposite the Anil Ambani Building, next to Krishnaraj Bungalow, on Nargis Dutt Road. The choice of address is deliberate: Pali Hill sits among a small number of Mumbai neighbourhoods where canopied lanes, heritage bungalows, and a neighbourhood that has for generations been home to India's most celebrated residents define the market, and where new land parcels rarely change hands.
Unlike the large integrated townships Prestige Group is known for elsewhere, Prestige Daffodils is a single, low-density tower built for a narrow buyer set. The project is designed around a singular boutique collection of ultra-luxury 4 BHK residences, available by preview invitation only, with residence sizes spanning carpet area of 2258 sq.ft., 2395 sq.ft., and 2545 sq.ft. across its floor plates. The tower rises as a single iconic tower that rises with quiet confidence above one of Mumbai's greenest and most prestigious hillside neighbourhoods, and is registered with the Maharashtra regulator, with the project registered under MahaRERA No. P51800031980. Reporting on the project's progress has noted the development is priced at a level that reflects the absolute rarity of what it offers... with OC nearing and immediate possession within reach, indicating the tower is at an advanced stage of completion rather than an early-stage launch.
The amenity programme is built around privacy and scale rather than volume of facilities, including a rooftop pool and lounge, landscaped gardens, and dedicated recreation spaces for residents, consistent with a low-unit-count building rather than a high-rise community tower.
Prestige Group's scale gives context to why a single boutique tower on Pali Hill fits its broader Mumbai strategy. Founded in 1986, a leap that has been inspired by CMD Irfan Razack and marshaled by his brothers Rezwan Razack and Noaman Razack, the Bengaluru-headquartered group has grown into what is described as India's largest listed real estate developer and the maker of UB City, Kingfisher Tower, The Leela Residences, and India's No. 1 Golf Course at Prestige Golfshire. Across its markets, the group has 250+ projects delivered across India, spanning residential, commercial, retail, leisure, and hospitality, including luxury hotel partnerships with Sheraton, Conrad, and JW Marriott. Company-reported figures put the wider portfolio at 300+ projects spanning a developable area of 180+ mn sqft and 56 ongoing projects across segments, with a total developable area of 86 mn sqft. In Mumbai specifically, Prestige Group's other visible bets include a large-format tower on Marine Drive and a mid-market residential project in Byculla, showing a range that spans from mass premium housing to the kind of single-tower, invitation-only product represented by Prestige Daffodils.
The commercial case for a boutique developer bet on Pali Hill rests on connectivity that has improved materially in recent years. Prestige Daffodils itself sits just 8 minutes from Bandra Railway Station, 15 minutes from Mumbai Airport, and 10 minutes from BKC... The Bandra-Worli Sea Link is 10 minutes away, while Metro Line 3 provides direct access across the city. That combination of the Sea Link, the under-construction Coastal Road, and the Colaba-Bandra-SEEPZ Metro corridor is central to why analysts describe Pali Hill as one of Mumbai's most enduring and appreciating luxury real estate markets — driven by near-zero new supply, consistent demand from India's ultra-HNI community, Bollywood royalty, and global NRI investors, and the transformative connectivity unlocked by the Mumbai Coastal Road and Metro Line 3. For a developer like Prestige Group entering an established, land-locked micro-market, this is the connectivity story that supports premium pricing on a small, fixed inventory of homes.
Pali Hill's appeal to a listed, pan-India developer also comes down to scarcity. Market commentary on the locality notes it as one of Mumbai's most supply-constrained luxury micro-markets... limited new launches, stringent redevelopment norms, and high entry costs keep inventory tight. That scarcity shapes buyer behaviour too: buyers here tend to be primary users or long-term holders rather than short-term investors, which typically stabilises resale values and reduces distress listings. For Prestige Group, positioning Prestige Daffodils as a limited, 4 BHK-only tower rather than a larger multi-tower project aligns with that end-user profile.
Around the project, the immediate social infrastructure is already established rather than emerging. Residents have access to Lilavati Hospital, St. Andrew's College, Rizvi Educational Complex, and the finest restaurants, galleries, and cultural institutions of Bandra, with P. D. Hinduja Hospital also within a short drive. Carter Road and Bandstand's promenade, along with Bandra's café and retail strip, sit within a few minutes of Nargis Dutt Road, giving the locality a day-to-day walkability that is unusual for Mumbai's luxury segment.
Taken together, Prestige Daffodils represents a different kind of Prestige Group product than its larger townships in Bengaluru or its Marine Drive tower in South Mumbai: a single, boutique, invitation-led building on one of Mumbai's few remaining hillside addresses, backed by a developer with a three-decade, multi-city delivery record and a listed balance sheet. The locality's connectivity upgrades and structural supply shortage are the market backdrop; the developer's scale and hospitality-linked brand credibility are what a buyer is underwriting when choosing this specific address over other luxury pockets of the city.