YM Infra, in partnership with the Ashwin Sheth Group, has announced the launch of ONE MARINA, a 74-storey luxury residential tower at Marine Lines. With a Gross Development Value (GDV) of ₹2,800 crore, it is one of the most significant high-rise additions to Mumbai’s premium housing segment.
Redefining Luxury at Marine Lines
Spanning 1.5 million sq. ft. of built-up area, ONE MARINA addresses the scarcity of large-scale residential projects in the South Mumbai micro-market. Designed by ARK by Reza Kabul Architects, the structure features a modern, energy-efficient glass façade.
Key project features include:
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Diverse Layouts: Choice of 2, 3, and 4 BHK luxury apartments, premium duplexes, and penthouses.
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Privacy-First Design: A low-density floor plan with only six residences per floor.
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Sea-Facing Views: To guarantee panoramic vistas of the Arabian Sea, the first habitable floor starts 131 feet above sea level.
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Lifestyle Amenities: High-altitude recreational zones situated on the upper floors.
Navigating the Premium Property Market
This launch aligns with a broader national trend where average home sizes have risen 17% across India’s top cities. As buyers seek larger, more functional living spaces, understanding the technicalities of a purchase becomes vital.
For those investing in ultra-luxury real estate, it is essential to:
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Verify Space: Accurately calculate the Carpet Area vs. Super Built-up Area to ensure value for money in high-ticket transactions.
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Ensure Legal Clarity: Understand the nuances of the Sale Deed process to guarantee a seamless ownership transfer.
The Verdict
The launch of ONE MARINA underscores the enduring demand for sea-facing homes in South Mumbai. Despite the limited availability of land, the project offers a rare opportunity for investors and homeowners to secure a spot in one of the city’s most prestigious corridors.
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