Oberoi Malabar Hill Redevelopment: An Upcoming Cluster Address on Malabar Hill, Mumbai
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Oberoi Malabar Hill Redevelopment is an upcoming cluster redevelopment on Malabar Hill in South Mumbai, being built by Oberoi Realty Limited on land assembled with adjoining societies under the Maharashtra cluster scheme. The project is at the Upcoming stage, with land secured through development agreements signed in 2026. Malabar Hill is among the most sought-after residential addresses in the city, and this redevelopment offers a rare chance to own a new home in one of its best-established localities.
The planned product is luxury apartments. The first development agreement, signed on 1 April 2026, covers land of about 1,740 sq m and gives a free-sale entitlement of up to about 51,000 sq ft of RERA carpet area, subject to DCPR 2034. The second agreement, signed on 29 July 2026, covers a parcel of about 2,430 sq m, or roughly 0.60 acre, with a free-sale entitlement of up to about 68,000 sq ft of RERA carpet area. Together, the two agreements shape the residential potential of the scheme and set the scale of the homes that follow.
Daily life on Malabar Hill sits between the green belt of Kamala Nehru Park and the calm of its residential lanes. Residents are close to the Hanging Gardens, the Mani Bhavan museum associated with Mahatma Gandhi, and the seafront along Marine Drive. Shopping and dining on Warden Road and Kemps Corner, along with the healthcare and schools of the Peddar Road and Breach Candy belt, complete the everyday picture of the neighbourhood.
Marine Drive links the address to the Nariman Point business district and to South Mumbai's office corridor, while the Bandra-Worli Sea Link provides a route north towards Bandra Kurla Complex. The Mumbai Coastal Road extends the western seafront route and improves the link between South Mumbai and the northern suburbs. The Aqua Line metro along the Colaba-Bandra-SEEPZ corridor adds a rail option for travel across the wider city.
Community life on Malabar Hill has traditionally revolved around its green spaces and its quiet, walkable streets. Kamala Nehru Park offers a children's play area and open lawns, the Hanging Gardens provide terraced views over the city, and the sea breezes of Chowpatty Beach are a short drive away. Cluster redevelopment brings adjoining societies together into one planned community, a meaningful shift for a locality built largely from older buildings.
Oberoi Realty Limited is an established Mumbai developer with a growing South Mumbai footprint. Its Peddar Road redevelopment, signed earlier in 2026, adds about 1.40 lakh sq ft of free-sale area to its portfolio in the city. The company reported Q1 FY27 consolidated revenue of Rs 1,361.69 crore and profit after tax of Rs 544.71 crore, and it described the 29 July 2026 agreement as its first business development of FY27.
Analysts describe Malabar Hill as one of Mumbai's costliest micro-markets, where land is scarce and redevelopment is the main source of new homes. That scarcity supports the case for an address of this kind. Buyers following the project should track the launch details as they are released, since analysts expect the launch in FY27.
For buyers who want a Malabar Hill address created through a new cluster scheme, Oberoi Malabar Hill Redevelopment is worth following from its early stage. Register your interest with the developer's channel partners to receive launch updates as they become available.
| Configuration | Size | Starting Price |
|---|---|---|
| Luxury apartments Luxury apartments planned on Malabar Hill as part of the cluster redevelopment. | On request |
Detailed master plan and unit-wise floor plans available on request.
South Mumbai, Maharashtra · Malabar Hill · Mumbai
Malabar Hill rises above the western edge of South Mumbai, a residential hill known for its tree-lined lanes, old bungalows and sweeping views of the Arabian Sea. The neighbourhood has long been among the city's most prized addresses, shaped by its quiet streets and its closeness to the business core at Nariman Point and the seafront at Marine Drive.
The value of this address lies in its scarcity. Analysts describe Malabar Hill as one of Mumbai's costliest micro-markets, where land supply is limited and redevelopment is the main route to new homes. Oberoi Malabar Hill Redevelopment brings a planned cluster scheme to this established setting, combining land from adjoining societies into one development.
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The Coastal Road extends the western seafront route through South Mumbai and improves the link between the city's southern core and its northern suburbs, supporting easier movement for residents of Malabar Hill.
The Aqua Line runs along the Colaba-Bandra-SEEPZ corridor, adding a rail option across the heart of Mumbai and linking neighbourhoods that have long depended on road travel.
The Atal Setu sea bridge connects South Mumbai with Navi Mumbai, shortening the route to the region's eastern business and logistics hubs and widening the travel options for residents.
A new airport serving the Mumbai region is designed to relieve pressure on the city's main airport and to bring more air connectivity to the southern and western parts of the metropolitan area.
The state's cluster scheme allows adjoining societies to redevelop together, a model that is shaping new residential supply in South Mumbai and improving the quality of ageing building stock.
Malabar Hill is one of Mumbai's costliest micro-markets, where land supply is limited. Redevelopment is the main route to new homes here, and Oberoi Malabar Hill Redevelopment brings a planned residential scheme to this rare setting in South Mumbai.
The project is built under the Maharashtra cluster scheme, combining land from adjoining societies into one development. This approach allows a larger, more coherent plan than a single plot could offer on the hill.
Land has been secured through two development agreements, signed on 1 April 2026 and 29 July 2026. The second agreement covers about 2,430 sq m, or roughly 0.60 acre, giving the scheme a firm base on the hill.
The first agreement gives a free-sale entitlement of up to about 51,000 sq ft of RERA carpet area, subject to DCPR 2034, and the second adds up to about 68,000 sq ft. These figures define the residential scale of the project.
Oberoi Realty Limited signed a Peddar Road redevelopment earlier in 2026 with about 1.40 lakh sq ft of free-sale area. The Malabar Hill scheme adds to a visible South Mumbai footprint for the company.
Analysts expect the launch of Oberoi Malabar Hill Redevelopment in FY27. Buyers who follow the project early can track its progress from the Upcoming stage through to the launch.
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