In a rare move to attract high-end homebuyers, the Maharashtra Housing and Area Development Authority (MHADA) is set to put its most expensive apartments — priced at over ₹7 crore — on sale ahead of Diwali 2025 through a first-come, first-served process. Located in the upscale Crescent Tower at Tardeo, South Mumbai, the luxury 3BHK units built by the Shapoorji Pallonji Group offer sweeping views of the Mahalaxmi Race Course and the Arabian Sea.

Built by the Shapoorji Pallonji Group, Crescent Tower is a high-end project reserved for the High-Income Group (HIG) category. The apartments offer views of the Mahalaxmi Race Course and the Arabian Sea, according to a report by Hindustan Times.

The MHADA officials stated that the most expensive unit, a 3BHK on the 19th floor,  be put on sale at ₹7.58 crore and includes exclusive staff quarters. Prices for the other seven units range from ₹5.93 crore upward.

After two unsuccessful lotteries, MHADA decided to delink these luxury units from its traditional draw system and sell directly to interested buyers by publishing an advertisement.

According to MHADA officials, these premium flats are located in Crescent Tower at Tardeo in South Mumbai.

Built by the Shapoorji Pallonji Group, Crescent Tower is a high-end project reserved for the High-Income Group (HIG) category. The apartments offer views of the Mahalaxmi Race Course and the Arabian Sea.

The MHADA officials stated that the most expensive unit, a 3BHK on the 19th floor, will be put on sale at ₹7.58 crore and includes exclusive staff quarters. Prices for the other seven units range from ₹5.93 crore upward.

After two unsuccessful lotteries, MHADA decided to delink these luxury units from its traditional draw system and sell directly to interested buyers by publishing an advertisement.