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This article explores the phenomenon of India’s ultra-wealthy concentrating in a newly emerging “billionaires’ row” in Mumbai. It examines the social, economic, and urban consequences of this trend — how skyrocketing real estate values, exclusive amenities, and status dynamics are reshaping neighborhoods and the city’s identity. Alongside commentary on family legacies, property speculation, and inequality, the piece situates this development within the broader context of India’s escalating wealth gap and urbanization pressures.
Read MoreTanya Dubash’s company has acquired a luxury duplex in Mumbai’s Worli for ?226 crore, highlighting growing demand for ultra-premium residences in the city.
Read MoreLeena Gandhi Tewari, chairperson of USV Ltd, has acquired two luxury sea-facing duplex apartments in Mumbai's Worli for ?639 crore, setting a new record for the most expensive residential property sale in India at over ?2.83 lakh per sq ft.
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