FCC

Reliance Industries Buys ₹120 Crore Luxury Triplex In Mumbai’s BKC

2026-05-07

Reliance Industries Limited has acquired an ultra-luxury triplex apartment at Sunteck Signature Island in Mumbai’s Bandra Kurla Complex (BKC) for ₹120 crore.

The residence is spread across the 15th, 16th and 17th floors of the premium development and has a carpet area of 16,128.85 sq ft. The transaction translates into an implied price of around ₹74,401 per sq ft. The property also includes four basement parking spaces.

The transaction was registered on April 28, 2026, with the apartment purchased from Joinwood Reality, which had earlier acquired the unit from Sunteck Realty Limited in 2021.

Originally developed as a central business district, Bandra Kurla Complex has increasingly emerged as one of Mumbai’s most sought-after luxury residential micro-markets. The area has seen rising demand from ultra-high-net-worth individuals and senior corporate executives due to limited residential inventory, proximity to corporate offices and premium social infrastructure, along with a growing preference for walk-to-work lifestyles.

Luxury residential projects such as Signature Island, Signia Pearl and Signia Isles in BKC have attracted several prominent buyers from the business and entertainment sectors. Publicly reported homebuyers in these developments include Aishwarya Rai Bachchan, Sonam Kapoor Ahuja, Neetu Kapoor, R. Madhavan, as well as business leaders Gautam Adani and Uday Kotak.

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