New Launch
Runwal Marine Lines: South Mumbai Redevelopment Announced with 0.5M Sq Ft Development Potential
Runwal Enterprises has secured rights to redevelop a sea-facing site in Marine Lines near Saifee Hospital, marking the revival of a project that had been stalled for over a decade. The residential component will offer configurations of 2, 3, and 4 BHK apartments.
| Developer | Runwal Enterprises (led by Subodh Runwal) |
|---|---|
| Location | Marine Lines, South Mumbai (near Saifee Hospital, sea-facing) |
| Development Potential | Approximately 0.5 million sq ft |
| Product Type | Residential apartments |
| Configuration | 2 BHK, 3 BHK, 4 BHK |
| Price Band | On request |
| Status (as of September 2026) | Upcoming – approvals in process, construction timeline to follow |
| Project Size | G+60 storey tower with 4 units per floor (indicative) |
| Land Use | Cluster redevelopment of private housing societies (600+ members involved) |
| Combined GDV (Marine Lines & Bandra projects) | Exceeds Rs 5,000 crore |
Project Overview
Runwal Enterprises has secured rights to redevelop two prime land parcels in south Mumbai's Marine Lines and Bandra, with a combined gross development value exceeding Rs 50 billion. The agreements mark the redevelopment of two private housing societies, including the revival of the Marine Lines project, which had been stalled for over a decade.
The Marine Lines project, located at a sea-facing site near Saifee Hospital, will have a development potential of about 0.5 million sq ft. Runwal Marine Lines is a G+60-storey residential tower offering ultra-luxurious 2, 3 BHK and 4 BHK apartments, designed for discerning families seeking breathtaking views of the Arabian Sea and the Queen's Necklace.
Developer & Redevelopment Framework
Both developments will be executed under the cluster redevelopment framework outlined in Regulation 33(9) of the Development Control and Promotion Regulations, a state-led initiative aimed at accelerating urban renewal and infrastructure growth. The developer plans to invest around Rs 25 billion across the two projects, involving more than 600 housing society members, and is currently in the process of securing government approvals.
Product Type & Amenities
Configuration: 2, 3, 4 BHK Apartments; Price: On Request; Status: New Launch. The project's design emphasizes privacy and space, with only 4 units per floor, ensuring a serene living experience amidst South Mumbai's vibrancy.
Residents can enjoy state-of-the-art amenities including a clubhouse, swimming pool, gymnasium, landscaped gardens, kids' play area, and 24/7 security.
Marine Lines Locality: Connectivity & Infrastructure
Marine Lines' strategic location in South Mumbai ensures unparalleled connectivity. The Marine Lines railway station, a major stop on the Western Line of the Mumbai Suburban Railway, connects residents to suburbs like Bandra, Andheri, and Virar, as well as Thane and Navi Mumbai via trans-harbor lines. The station's proximity to Maharshi Karve Road, the Eastern Express Highway, and the Bandra-Worli Sea Link facilitates seamless road travel.
The Mumbai Coastal Road, an 8-lane, 29.2-km expressway from Princess Street Flyover to Kandivali, has reduced travel time from South Mumbai to the Western Suburbs from two hours to 40 minutes. The upcoming Mumbai Metro Line 3 (Colaba-Bandra-SEEPZ), expected to be fully operational by 2026, will further enhance connectivity, with stations near Churchgate and Marine Lines providing access to business hubs like Bandra-Kurla Complex.
Locality Demand Context
Marine Lines stands as one of Mumbai's most distinguished real estate destinations, seamlessly blending historical significance with contemporary investment potential. This prestigious South Mumbai locality has evolved into a prime residential and commercial hub, attracting discerning property investors and homebuyers seeking exclusivity in India's financial capital.
Marine Lines, a prestigious neighborhood in South Mumbai, is synonymous with elegance, history, and coastal charm, making it one of the most coveted residential destinations in India. Nestled along the iconic Marine Drive, famously known as the "Queen's Necklace" for its shimmering nighttime lights, Marine Lines offers a lifestyle that blends sophistication with the vibrant energy of Mumbai.
Timeline & Approvals
The developer is currently in the process of securing government approvals. As of September 2026, the project has been announced as upcoming and is proceeding through the regulatory framework for cluster redevelopment. No formal RERA registration number has been disclosed as approvals remain in process.
Frequently asked questions
What is the status of Runwal Marine Lines as of September 2026?
The project is in the upcoming phase. Runwal Enterprises has secured redevelopment rights and is proceeding through government approvals under the cluster redevelopment framework. Construction timeline will be announced once approvals are finalized.
Why is this project significant?
The revival of the Marine Lines project marks the end of a stall that had lasted over a decade. It is one of the few new supply additions to the limited inventory in this prime South Mumbai locality.
How many housing societies are affected by this redevelopment?
The redevelopment involves more than 600 housing society members across the Marine Lines and Bandra projects combined.
What units are being offered?
The project offers 2, 3, and 4 BHK apartments. Pricing is on request given the premium location and early-stage status.
Is there information on possession timeline?
No specific possession date has been announced. The project is in the approvals stage, and timelines will be communicated once construction commences and regulatory clearances are obtained.
What is the development potential of the Marine Lines site?
The Marine Lines project, located at a sea-facing site near Saifee Hospital, will have a development potential of about 0.5 million sq ft.
Why invest in Marine Lines?
Marine Lines has seen consistent property appreciation due to its prime location and connectivity. The area is expected to maintain a steady growth trajectory, driven by ongoing infrastructure projects like the Mumbai Metro expansion and the Mumbai Trans Harbour Link.