Mumbai's Historic Laxmi Nivas Bungalow To Make Way For 110.6-Metre Luxury Tower
Mumbai: Mumbai’s Laxmi Nivas, a seafacing bungalow on Nepean Sea Road that reportedly sheltered some of the most prominent underground leaders of the Quit India Movement, is set to disappear from the city’s skyline — to make way for a 110.6-metre residential tower. Property set for redevelopment The Rs 276-crore property, whose past is intertwined with the freedom movement, is proposed to be…
Mumbai's iconic Laxmi Nivas bungalow, a historic site linked to the Quit India Movement, is set to be replaced by a state-of-the-art 110.6-metre luxury residential tower. The Rs 276-crore property, originally a three-story building acquired by the Kapadia family from a Parsi family in 1917, is planned to be transformed into a 21-storey residential complex.
The redevelopment, expected to take place on a 1,857.02 sq mt plot, includes six floors for parking, a fitness centre, swimming pool, and a garden, as well as multiple amenity and refuge floors. Additionally, the developer plans to construct a separate ground-plus-one-floor museum for private use on the site. The project, which requires approval from the Maharashtra Coastal Zone Management Authority, aligns with the trend of replacing historic buildings with modern luxury structures in Mumbai.
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