India’s Most Expensive Address: The Rs 500 Crore Dream Home

Mumbai’s skyline is about to welcome a new icon of opulence. Sunteck Realty has announced a jaw-dropping ultra-luxury apartment priced at Rs 500 crore, making it the most expensive residential unit ever listed in India.

Key highlights of the project

1. The Rs 500 crore apartment will be part of Sunteck Realty’s new brand Emans, a fusion of immense and indulgence  
2. Located on Nepeansea Road, one of Mumbai’s most prestigious addresses  
3. The project is by-invite-only, targeting ultra-high net worth individuals  
4. Each unit will be priced upwards of Rs 100 crore, with some reaching Rs 2.5 lakh per square foot  

Mumbai and Dubai: Twin Towers of Luxury

- Sunteck Realty is launching two flagship projects under Emans, one in Mumbai and the other in Downtown Dubai near Burj Khalifa  
- The Dubai venture marks the company’s first international foray  
- Both projects are slated for launch in June 2026, with a combined development value of Rs 20,000 crore  

Market impact and company performance

- The announcement follows a surge in demand for ultra-premium housing, with buyers seeking exclusivity and global-grade amenities  
- Sunteck Realty has completed 32 projects covering 52.5 million square feet  
- Despite a dip in total revenue, the company posted a 47 percent rise in net profit in Q1 FY26  

Sources: News18, The Hindu BusinessLine, Moneycontrol