JSW Realty, the real estate arm of JSW Group, has signed a development agreement with the Patel Family for Malabar Court, a premium property in Malabar Hill, Mumbai.

Malabar Court has been home to the Patel family for over seven decades and remains a notable address in the locality. The agreement reflects growing confidence among legacy property owners in partnering with institutional developers such as JSW Realty.

Spread across just under an acre and located adjacent to the Malabar Hill Club, the project will draw from its Art Deco legacy while incorporating a contemporary design approach.

Planned as a boutique luxury residential tower, the development is expected to generate a topline of over Rs 20 billion. It will feature a limited number of residences, including single-floor homes, duplexes and a signature penthouse.

The project will also include a curated range of wellness and lifestyle amenities aimed at creating a private and tranquil residential environment within the city.

Commenting on the development, Sujal Shroff, CEO, JSW Realty, said, “Malabar Court is envisioned as a rare offering shaped by continuity rather than reinvention. Over the last five years, we have meticulously built a portfolio that prioritizes quality and architectural integrity. With Malabar Court, we strengthen our commitment to developments that honour the legacy of the neighbourhood while delivering enduring institutional value.”