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India Sotheby’s International Realty, a prominent luxury real estate transaction and advisory firm, has recently secured an exclusive sales and marketing mandate for The Residency, a luxurious residential project in Worli, Mumbai. This project comprises 19 ultra-luxury residences that are ready for occupancy, each occupying an entire floor. The Residency is strategically located on Dr. Annie Besant Road in Worli, offering stunning views of the city's iconic landmarks, including Haji Ali, Mahalaxmi Racecourse, Nehru Planetarium, and the upcoming Mumbai coastal road.
The Residency offers flexible yet opulent living spaces with a substantial footprint of approximately 5,510 sq. ft., including a 425 sq. ft. balcony space for each residence. These residences can be customized to configurations of up to 5 bedrooms, providing a luxurious living experience. The project is characterized by its coveted location, sophisticated design, and panoramic views of the city's landmarks.
The location of Dr. Annie Besant Road in Worli is a unique blend of heritage and modern energy, providing easy access to iconic landmarks, major business districts, cultural centres, and leisure destinations. This prime location has made The Residency an immensely sought-after address.
With India's wealth creation growing rapidly and Mumbai poised to enter the list of the top 20 cities with the greatest number of millionaires by 2023, real estate has made a meaningful comeback into the portfolios of UHNIs (Ultra High Net Worth Individuals). Super-luxury projects like The Residency, with exceptional locations and designs, are in high demand among this segment.
India Sotheby’s International Realty's exclusive marketing mandate for The Residency represents a significant opportunity for UHNIs in Mumbai to own ultra-luxurious residences in a prime location. The project's unique design, panoramic views, and customization options make it a standout offering in the city's luxury real estate market, aligning perfectly with the increasing demand for high-end properties in Mumbai.
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