CG House, Worli. Reimagined by K Raheja Corp.
Price on Request
K Raheja CG House Worli Redevelopment marks the transformation of a long-standing Worli institutional address into a new development led by K Raheja Corp Group, through its associate company Skybound Realty Private Limited. The project follows a formal Development Agreement signed on July 4, 2024 with CG Power and Industrial Solutions, the previous occupant of the site, following an earlier term sheet reached in December 2023.
The site itself sits on Dr Annie Besant Road, in the part of Worli that has for decades anchored South Mumbai's commercial and residential map in equal measure. Its position keeps it within easy reach of the Bandra-Worli Sea Link and the newer Mumbai Coastal Road, both central to how this stretch of the city now moves.
K Raheja Corp brings more than six decades of building experience to the site, having been founded in 1956 and having gone on to develop office parks, malls, hotels and residences across Mumbai, Pune and Hyderabad. That range of experience, spanning the Mindspace commercial portfolio to luxury residential addresses such as Artesia and Vivarea, informs how the group approaches a redevelopment of this scale.
Under the July 2024 agreement, the new building on the site will see CG Power and Skybound Realty each hold an equal, fifty percent share, a structure that reflects the collaborative nature of the project. The leasehold land involved measures 4,262.34 square metres, positioning the redevelopment within one of Worli's more tightly held pockets.
For those tracking Worli's ongoing transformation, from the Coastal Road's phased opening to the area's continuing run of high-value transactions, the CG House site represents one more chapter in the locality's evolution under an established Mumbai developer.
Pricing on request — speak with our sales team.
Detailed master plan and unit-wise floor plans available on request.
Dr Annie Besant Road, Mumbai 400018 · Mumbai
Worli occupies one of Mumbai's most established central addresses, bordered by Lower Parel and Mahalaxmi and fronted by the Arabian Sea. Dr Annie Besant Road, where CG House stands, runs through this corridor and links directly to the Bandra-Worli Sea Link and the Mumbai Coastal Road, both of which have reshaped commute times across the city's western waterfront. The locality has long combined a working commercial base with some of South Mumbai's most closely watched residential addresses.
This particular address carries its own institutional history, having served for years as the registered office of CG Power and Industrial Solutions before the site was brought into a joint development agreement with K Raheja Corp Group's Skybound Realty. Its position places any resident or occupant within a short reach of Worli Seaface, Prabhadevi, and the office clusters of Lower Parel, while the Sea Link opens a direct route north to Bandra and the western suburbs.
See the property in person. Our sales team will get in touch to coordinate a visit at your convenience.
The coastal freeway connects Marine Drive to the Worli end of the Bandra-Worli Sea Link, with its first phase opened in March 2024, easing north-south travel along the western waterfront.
The 5.6-kilometre cable-stayed bridge links Worli directly to Bandra, cutting commute times to the western suburbs and serving as one of the city's principal road links.
The underground Aqua Line includes a Worli station, adding a rail-based transit option to a locality that has historically relied on road and suburban rail connectivity.
MHADA's redevelopment of the century-old Worli BDD chawls, spread over roughly 59.69 acres, is reshaping large tracts of the surrounding locality into newer housing stock.
Prabhadevi and Lower Parel stations on the Western Line keep the Worli corridor linked to Mumbai's suburban rail network for daily commuting needs.
The site sits on Dr Annie Besant Road in Worli, a locality that has anchored South Mumbai's commercial and residential map for decades, placing the redevelopment within one of the city's most closely watched corridors.
Skybound Realty, the developing entity, is part of K Raheja Corp Group, founded in 1956 and among Mumbai's longest-standing real estate names, with a portfolio spanning residential, commercial, retail and hospitality projects.
CG House served for years as the registered office of CG Power and Industrial Solutions, giving the redevelopment a site history tied to one of India's established industrial groups.
The July 2024 Development Agreement grants CG Power and Skybound Realty an equal, fifty percent share in the new building, reflecting a formally documented partnership between the two parties.
The address benefits from being close to both the Bandra-Worli Sea Link and the recently opened Mumbai Coastal Road, two of the city's more significant recent infrastructure additions.
The locality has recorded some of Mumbai's most notable transactions in recent years, including large-format resales within K Raheja Corp's own Worli projects, underscoring sustained demand in this micro-market.
Visited or booked here? Share your honest experience. Reviews are checked before they appear.
Pricing, plans, brochure, and a personal walkthrough — talk to our sales team.
