Builders Offer Record ₹1 Lakh per Sq Ft for Redevelopment on Mumbai’s Linking Road.
Saturday, November 29, 2025
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Where Flats Become Fortunes and Streets Turn into Retail Empires.

Builders Offer Record Prices on Mumbai’s Linking Road, Turning Homes into High-Street Gold.                                                                                                                  

Mumbai’s iconic Linking Road, often compared to London’s Oxford Street, is witnessing a real estate frenzy as developers offer up to ₹1 lakh per sq ft to acquire entire housing societies for commercial redevelopment. Builders like Mohit Kamboj’s Aspect Realty, in partnership with JSW Realty, are investing thousands of crores to convert residential plots into malls, retail, and mixed-use complexes. Residents, lured by offers as high as ₹12 crore for 1,500-sq-ft flats, are readily cashing out, transforming the area into a premier retail corridor. The surge is driven by a high commercial floor space index (FSI) of up to 6.75, enabling large-scale developments despite airport height restrictions. Linking Road’s 4-km stretch from Bandra to Santacruz has become a magnet for top brands, celebrities, and investors, with property prices doubling within years — redefining Mumbai’s high-street realty landscape and making “selling out” the city’s newest success story.

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