Tallest residential project in India is set to open in South Mumbai

20 Jan 2023 CW Team

Minerva, the most opulent and tallest skyscraper in India, is about to open in Mumbai with the help of Shapoorji Pallonji Real Estate (SPRE).

The houses in the "Vantage Series" have a saleable area of 11.6 lakh square feet and a potential revenue of more than Rs 15 billion.

SPRE has been hired by Lokhandwala Kataria Construction as a project marketing consultant. India Bulls Housing Finance and PAG are responsible for funding the project.

The Vantage series includes a 91-story high-rise that overlooks the beautiful Mahalakshmi Racecourse and the Arabian Sea, as well as spacious living rooms, expansive bedrooms, and private sundecks—taking luxury to the next level.

Hafeez Contractor, a well-known architect, designed the project, which will include 372 apartments. The project will also address the owners' well-being and business needs.

There will be more than 200 home buyers when the project's rehabilitation component is completed.

Shapoorji Pallonji Real Estate CEO Venkatesh Gopalkrishnan stated that SPRE is proud to be associated with India's tallest tower, Minerva. This enables us to better align our strategy in the ultra-luxury market.

Rajiv Gandhi, Head Commercial Credit at Indiabulls Housing Finance, stated that the collaboration with Shapoorji Pallonji Real Estate exemplifies trust, competence, and execution excellence in the creation of this ultra-luxurious project, Minerva.

Kanak Kapur, Partner and Managing Director at PAG, added that it is one of the fastest-growing real estate markets and that PAG is pleased to be a financing partner with SPRE.

According to Ali Lokhandwala, MD of Lokhandwala Kataria Construction, Minerva is India's tallest tower and will represent the country as a national landmark on the list of Skyscrapers worldwide.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..