In light of the recent recovery within the residential segment of the real estate market, developers in Mumbai are placing significant emphasis on the premium category. While older apartments situated in South and Central Mumbai continue to attract a premium pricing model, newly developed properties in these pivotal locations are equally drawing substantial interest. Industry insiders have noted that major transactions in this realm fall between Rs 5 crore and Rs 35 crore. Price per square foot in these areas ranges from twenty-five thousand to one lakh rupees. Noteworthy properties generating considerable buzz include Mantri Ruby in Walkeshwar, Orbit Arya situated along Nepean Sea Road, and Mittal Grandeur located in Cuffe Parade. Areas adjacent to these, such as Worli Seaface and Mahalaxmi, are also witnessing heightened buyer concern. A notable transaction involving a new apartment in Cuffe Parade recently concluded at Rs 33 crore, with an expected completion timeline of approximately one month. Additionally, another property in Cuffe Parade—Mittal Grandeur—has set an asking price of fifty crore rupees for its expansive eight thousand square foot layout, which includes six bedrooms.