Mumbai’s ultra-luxury residential market added another marquee announcement this week as Paradigm Realty broke ground on “Green Acrres”, a boutique 16-residence project on Nargis Dutt Road in Pali Hill one of the city’s most tightly held and prestigious enclaves.
Part of the developer’s premium Paradigm Marquis Collection, the 16-storey tower is being positioned as a low-density, full-floor residential format aimed at India’s ultra-high-net-worth segment. Set on a roughly 0.5-acre land parcel, the project will house just 16 residences, each occupying an entire floor with carpet areas of up to approximately 5,700 sq ft. The move reflects a growing shift in South Mumbai and Bandra’s prime micro-markets toward privacy-led vertical estates rather than conventional multi-unit luxury towers. Real estate consultants note that land scarcity in Pali Hill, coupled with strict redevelopment norms and strong legacy ownership patterns, makes new supply exceptionally rare especially in formats offering one apartment per floor. Green Acrres is designed around Japandi-inspired aesthetics, blending Japanese spatial precision with Scandinavian minimalism. Architectural highlights include pillar-free layouts open on four sides, 12-foot floor-to-ceiling heights, expansive sea-facing decks, floor-to-ceiling glazing, and a cladded exterior façade. The structure will rise to approximately 56 metres, aiming to balance skyline presence with neighbourhood sensitivity. The project’s amenity design underscores the experiential positioning increasingly central to ultra-premium housing. Plans include a double-height 22-foot lobby with concierge services, valet-enabled arrival, landscaped lawns anchored by a 100-year-old bonsai, and dedicated business and lounge spaces. Three basement levels will provide ramp parking, EV charging provisions and advanced security systems including RFID and biometric access.
At rooftop level, more than 4,300 sq ft of leisure space is proposed, including an infinity pool, amphitheatre, gymnasium, banquet hall and lounge. Analysts say such “vertical estate” models are becoming more common in Mumbai’s top 1% housing bracket, where buyers prioritise exclusivity, multi-generational planning and branded architectural identity over mere square footage. Location remains the project’s strongest lever. Pali Hill’s heritage status, celebrity residents and proximity to major connectivity corridors including the Bandra-Worli Sea Link and the upcoming Coastal Road linkages reinforce its enduring value proposition. The neighbourhood’s limited redevelopment pipeline has also sustained high capital values relative to other western suburbs. For Paradigm Realty, the groundbreaking signals a strategic play deeper into the ultra-premium niche, where margins are stronger but absorption cycles are typically longer and highly relationship-driven.
As Mumbai’s luxury housing market recalibrates post-pandemic toward larger homes and greater privacy, Green Acrres reflects a broader thesis: that in land-constrained micro-markets like Pali Hill, scarcity itself remains the ultimate amenity.
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Paradigm launches ultra-luxury Pali Hill tower
