Prestige Group Projects

Prestige Group projects in Worli, Mumbai

A Bangalore-Built Legacy Arrives on Mumbai's Western Coastline

Prestige Group, headquartered in Bangalore, has been developing residential and commercial spaces across cities including Bangalore, Chennai, Kochi, Hyderabad, and Mumbai since its founding in 1986. As of September 2024, the group had completed 302 projects delivering 193 million square feet of developed area, and holds the distinction of being the only developer in India with a CRISIL DA1+ rating for construction and development capabilities. That combination of scale and institutional credibility is the context in which Prestige's Worli presence should be read.

Prestige Group's Mumbai portfolio has grown steadily, with projects such as Prestige Jasdan Classic in Byculla, The Prestige City in Mulund, and Prestige Daffodils in Bandra West. Worli is the group's most ambitious South Mumbai address to date — a move into one of India's tightest luxury residential land markets.

Prestige Nautilus: The Worli Proposition

Prestige Nautilus is an under-construction project in Worli, Mumbai, delivering luxury residences with a focus on elegance and exclusivity. The project is located on Dr Annie Besant Road, Shivaji Nagar, Worli, offering connectivity to the Coastal Road, Phoenix Palladium, and the Eastern Express Highway.

The development comprises three towers with 36 floors each and a total of 170 units, spread across 1.74 acres — a deliberately low-density configuration that positions it among the most exclusive projects in the Mumbai South region. Design across the towers prioritises airflow and natural light, with 14-foot floor-to-ceiling heights and panoramic sea-facing sundecks.

Pricing reflects the project's positioning: a 3 BHK apartment starts at approximately ₹38.55 crore, a 4 BHK at ₹42 crore onwards, and a 5 BHK at ₹58.41 crore. Prestige Nautilus is a RERA-registered project, carrying registration number P51900009720. Possession is scheduled for June 2032.

Residents will have access to more than 40 exclusive lifestyle and wellness amenities, including a swimming pool, fully equipped gym, spa, and jacuzzi. The amenity offering also includes a three-level rooftop clubhouse. On the sustainability side, the project incorporates sewage treatment plants that recycle water for landscape irrigation and flushing, and manages organic waste through advanced methods.

Why Prestige Chose Dr Annie Besant Road

Worli sits at the midpoint between South Mumbai's financial district and BKC's corporate towers, offering proximity to both major employment hubs. That geography makes Dr Annie Besant Road — the address of Prestige Nautilus — one of the most functionally strategic corridors in the city for a senior executive or business owner who needs to reach Nariman Point and BKC with equal ease.

The Mumbai Coastal Road's Phase 1, which became operational in 2024, reduced the Worli-to-Marine Drive commute from 40 minutes to approximately 10 minutes, and the Worli-to-Kandivali travel time from over two hours to around 40 minutes. Metro Line-3's Phase 2A, extended in May 2025, connected Worli to BKC in 10 to 15 minutes. Worli Metro Station sits approximately 650 metres from Prestige Nautilus.

The Worli-Sewri Connector, expected by 2026, will link Worli to the Mumbai Trans Harbour Link and provide access to Navi Mumbai and the Mumbai-Pune corridor. These converging infrastructure investments — Coastal Road, Metro Line-3, and the Sewri connector — represent a structurally new mobility equation for Worli, and Prestige's timing on Nautilus is aligned to benefit from all three.

Social Infrastructure That Matches the Product

The neighbourhood around Prestige Nautilus is supported by institutions including Podar International School, Jaslok Hospital, Breach Candy Hospital, Willingdon Sports Club, and the NSCI Dome. Aditya Birla World Academy and Dhirubhai Ambani International School are also nearby landmarks. Phoenix Palladium Mall is approximately 3.9 kilometres from the project.

The five-kilometre Worli Sea Face Promenade provides waterfront leisure that few Mumbai locations can match. For buyers at the Prestige Nautilus price point, the combination of institutional-grade schools, tertiary hospitals, a working seafront, and sub-15-minute metro access to BKC is a complete daily-life ecosystem, not a checklist of amenities.

The Market Prestige Is Entering

According to Anarock, Worli recorded ultra-luxury home deals worth ₹4,862 crore over the two years to 2024, with property prices rising 30 percent across that period and the average rate reaching ₹75,000 per square foot. In 2024 alone, the area recorded 10 transactions for homes valued above ₹100 crore — up from four such deals in 2023.

The Worli property price trends for 2026 and 2027 show continued upward movement driven by limited land supply and sustained luxury demand, with premium residential towers currently commanding ₹70,000 to ₹1,10,000 per square foot. On the commercial side, approximately 2.98 million square feet of new office space is expected to be added to Worli between 2025 and 2026 — a supply addition that will further anchor high-income residents in the locality.

Over the past 24 months, Worli recorded sales of more than 30 ultra-luxury apartments priced above ₹40 crore, amounting to a total transaction value of ₹5,500 crore. Given a high demand-supply gap, the area continues to stand out in the South Mumbai market as one with escalating pricing and limited downward correction risk. Prestige Nautilus, with its 170-unit cap and sea-facing configurations, is positioned within that scarcity dynamic.

Prestige's Financial Standing Behind the Project

In the nine months to December 2025, Prestige Group reported record sales of approximately ₹22,327 crore, with Q3 FY26 alone generating sales of ₹4,184 crore — the highest-ever nine-month performance in the company's history. Full-year FY26 sales reached ₹30,024.5 crore, up 76 percent year-on-year, with collections of ₹18,515 crore, up 53 percent. For a buyer committing to a project with a possession date of June 2032, that financial backing is a material consideration.

The group's CRISIL DA1+ rating — the only such rating held by any Indian real estate developer — covers construction and development capabilities, not merely financial metrics. It speaks directly to execution risk, which is the question most buyers ask about under-construction projects at this price level in Mumbai.

Frequently Asked Questions

What makes Worli one of Mumbai's most strategically connected neighbourhoods?+
Worli sits at the geographic midpoint of Mumbai's western seafront, giving residents direct access to Nariman Point and the financial district to the south and Bandra-Kurla Complex (BKC) to the north. The Bandra-Worli Sea Link, the Mumbai Coastal Road (Phase 1 operational since 2024), and Metro Line 3 Phase 2A (completed May 2025) together connect Worli to Marine Drive in roughly 10 minutes and to BKC in 10–15 minutes by rail. The Sewri-Worli Elevated Connector, a 4.5-kilometre signal-free expressway currently past 62% completion, will further link the neighbourhood to the Mumbai Trans Harbour Link and onward to Navi Mumbai and the Mumbai-Pune corridor.
What schools, hospitals, and retail destinations are available in and around Worli?+
Schools within or adjacent to Worli include DY Patil International School, Podar ORT International School, Sacred Heart School, and several institutions in neighbouring Lower Parel and Prabhadevi. On the healthcare side, Poddar Hospital and ESIC Hospital operate within the locality, and larger tertiary facilities such as P.D. Hinduja Hospital and Breach Candy Hospital are within a 15-minute drive. For retail and leisure, residents have access to Atria The Millennium Mall, Phoenix Palladium, and Grand Galleria, alongside the 5-kilometre Worli Sea Face promenade and the Nehru Planetarium.
What types of residential properties are available in Worli, Mumbai?+
Worli's housing stock is dominated by large-format luxury apartments — primarily 3, 4, and 5 BHK configurations — inside high-rise towers, many of which were developed on former textile mill lands that were progressively released for redevelopment from the 1980s onward. Iconic projects such as Lodha World One, Omkar 1973, and The World Tower define the skyline. Alongside new-launch ultra-luxury towers, the neighbourhood also offers steady redevelopment of older buildings, keeping a continuous supply of modern residences in the market.
Who typically buys property in Worli, and is it suitable for families?+
Worli draws a concentrated mix of high-net-worth business owners, senior corporate executives, and NRIs who prioritise proximity to both South Mumbai's financial district and BKC without sacrificing lifestyle. The presence of international and reputed schools, multiple hospitals within 15 minutes, well-maintained sea-facing promenades, and major retail destinations makes it equally practical for families. The Metro Line 3 connection has made daily commutes to BKC measurably consistent, broadening Worli's appeal to professionals who previously ruled it out on commute grounds.
What are the current property prices in Worli, and how have they moved recently?+
Worli recorded 683 residential registrations in 2024 with a total transaction value of approximately ₹7,326 crore, and the average transacted price stood at around ₹84,754 per sq ft as of December 2024. Prices have appreciated roughly 26.3% over the past three years and 37.9% over five years, with 30 transactions above ₹40 crore — totalling ₹4,862 crore — recorded in 2023 and 2024 combined. The dominant listed price band for luxury homes sits between ₹6 crore and ₹12 crore, while marquee sea-facing towers have crossed ₹1 lakh per sq ft in select transactions.
What are the major employment hubs closest to Worli that make it practical for working professionals?+
Worli itself houses several multi-tenanted office campuses, including Peninsula Corporate Park and One Indiabulls Centre, and is home to the India offices of large corporates such as HDFC Bank, TATA, Siemens, and GSK Pharma. Lower Parel and Prabhadevi — both within 10 minutes — extend that office corridor significantly. BKC, Mumbai's largest planned business district, is now reachable in 10–15 minutes via Metro Line 3, and Nariman Point is accessible in roughly 10 minutes via the Coastal Road.
How much new commercial development is Worli expected to absorb over the coming years?+
Worli and its immediate micro-market are set to add approximately 2.98 million square feet of new office space between 2025 and 2026, reflecting sustained institutional demand for the address. On the residential side, large land acquisitions — including Goisu Realty's 22-acre purchase from Bombay Dyeing for ₹5,200 crore and Century Textiles' 10-acre acquisition for ₹1,100 crore — signal a significant pipeline of new supply over the next five to seven years. This scale of planned development underscores the confidence that institutional-grade developers place in Worli's long-term demand fundamentals.
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