September 19, 2025: Mumbai’s high-rise landscape is poised for another landmark addition, with a major construction contract worth Rs 1,518 crore awarded for the development of 25 Downtown, an ultra-luxury residential project in Mahalaxmi.
The development will feature four super high-rise residential towers, reaffirming the city’s growing dominance in India’s premium real estate segment. With views overlooking the Willingdon Golf Course and the Arabian Sea, the project aims to redefine luxury living in south Mumbai. Alongside premium penthouses, residents will have access to world-class amenities, including a modern clubhouse and landscaped recreational spaces.
Industry observers noted that this contract underscores the increasing demand for high-rise and super high-rise projects in Mumbai, where space constraints have led developers to push the boundaries of vertical construction. The addition of 25 Downtown not only strengthens the pipeline of luxury developments in the Mahalaxmi belt but also signals continued investor appetite in India’s most expensive housing market.
The engineering partner tasked with the construction has a proven track record of delivering complex, large-scale residential and commercial projects, particularly in the super high-rise category. Executives from the firm highlighted their commitment to deploying advanced construction technologies, safety standards and sustainable practices to bring this iconic project to life.
For Hubtown, the developer behind 25 Downtown, the project represents a further step in consolidating its position in Mumbai’s ultra-luxury housing segment. Despite a dip of 1.62% in its share price to Rs 321.50 on the BSE, analysts believe long-term prospects remain positive as premium housing demand continues to accelerate in the financial capital.
With the contract in place, construction activity in Mahalaxmi is expected to intensify, marking another milestone in the transformation of Mumbai’s skyline into one of the world’s densest clusters of high-rise living.
Source: Business Standard
