K Raheja Corp was founded in 1956 by Chandru Raheja and has since grown into one of India's largest diversified real estate groups, with holdings across office parks, malls, hotels, and residential developments. It is the second largest commercial developer in India, operating Grade-A office campuses under the Mindspace and Commerzone brands across Mumbai, Hyderabad, Pune, and Chennai. On the residential side, K Raheja Corp Homes, the residential business of the K Raheja Corp group, has firmly established itself as one of India's foremost premium luxury residential developers.
In Mumbai, K Raheja Corp Homes introduced properties in premium pin codes such as Raheja Vivarea and Raheja Modern Vivarea in Mahalaxmi, Raheja Artesia in Worli, and Valletta in Juhu. Each of those addresses sits in the top tier of Mumbai's residential market. The decision to now move into Sion West marks a deliberate shift in geography — not a departure from that positioning, but an extension of it toward Mumbai's new commercial centre of gravity.
K Raheja Corp Homes marks its entry into the vibrant neighbourhood of Sion, Mumbai, with Raheja Amaltis, its premier residential project just off the Chembur-BKC connector. This is the developer's maiden venture in this micro-market, and the site selection reflects where the group sees the next durable demand from Mumbai's senior professional class.
K Raheja Amaltis has 3 towers with 17 floors each and just 125 units to offer, making it a unique investment opportunity for a select few in the Central Mumbai property market. The project spans 1.51 acres, comprises 2 towers, rises to 17 floors, and offers both two-wheeler and four-wheeler parking. That combination — a sub-200-unit count on a sub-2-acre site in central Mumbai — produces a density profile that is rare for this part of the city.
The project presents 3 BHK residences and also offers the choice of 3.5 BHK and 4 BHK residences. Carpet areas range from 1,346 sq ft to 1,612 sq ft to 2,175 sq ft across the three configurations. K Amaltis is a RERA-registered project with registration number P51900054152.
The panoramic view of the nature park, cityscape, and BKC skyline from residential floors, combined with private decks in the living rooms and 11'2" floor-to-floor height, shapes the living experience inside each home. Raheja Amaltis has amenities spread across categories including active and leisurely lifestyles, world-class rooftop choices, and greenscape — featuring an infinity pool, sky dining pavilion, and sky bar. Yoga zone, indoor games, a senior citizen area, a fully equipped gym, kids' play area, kids' pool, and a barbeque area are available across multiple floors.
Raheja Amaltis delivers a sustainable lifestyle living experience with advanced wastewater treatment systems, enabling the recycling of 35% of natural water resources. Additionally, it will offer electric charging infrastructure for two-wheelers and four-wheelers in parking areas. These specifications align with K Raheja Corp Homes' group-wide sustainability commitments, which include green building certifications across its portfolio.
The society will be completely ready for possession in September 2028.
Ramesh Ranganathan, CEO of K Raheja Corp Homes, stated that demand for luxury residences tailored to corporate leaders and elite professionals has surged, with buyers seeking a blend of healthy lifestyle, world-class amenities, a reputable developer, and proximity to business hubs — and that Raheja Amaltis meets this demand, building on the group's successful track record in South Mumbai to bring its expertise closer to Mumbai's central Business District at BKC.
Intended to cater to professionals, entrepreneurs, and future business leaders, Raheja Amaltis is designed as an ideal home for top-level executives, being strategically located a few minutes away from the BKC Connector, Eastern Freeway, and Eastern Express Highway. The project's address in Samarth Nagar, Sion West, places it at a node where multiple arterial routes converge.
Some of the important landmarks near K Raheja Amaltis are BKC, MCA Cricket Ground, and the American School of Bombay. SIES Dr APJ Abdul Kalam Memorial High School is just 0.18 km away, and a diagnostic centre is 0.16 km away. Guru Nanak National and Sion Mumbai Public schools are less than a km away, and Sion and Atharva are reputed hospitals located within a 2 km radius.
K Raheja Corp does not typically move into a micro-market ahead of demand — its Mumbai addresses have all reflected existing or clearly emerging depth. Sion West's recent trajectory explains the timing here.
Recent upgrades such as the Sion-BKC elevated connector, the Mumbai Trans Harbour Link (Atal Setu), the Coastal Road, and the expanding Metro network have significantly improved accessibility to major commercial centres including BKC, Lower Parel, Worli, South Mumbai, and Navi Mumbai. The Eastern Express Highway and Sion-Panvel Highway are major arterial roads that improve east-west and north-south access. The Eastern Freeway cuts travel time to South Mumbai, while the upcoming Metro Line 4 promises seamless east-west connectivity.
Property values along the Sion corridor increased by approximately 37 per cent between 2021 and 2025, while rental growth in locations such as Sion and neighbouring areas reflects growing occupier demand. Professionals working in BKC are now eyeing Sion as a smart residential choice, offering the convenience of quick commutes and modern developments at comparatively reasonable prices.
BKC serves as the starting terminal for India's first bullet train, and construction on the underground station at BKC is progressing rapidly as of late 2025. Corporations with dual presence in Gujarat and Maharashtra will naturally consolidate operations near the BKC terminal, creating a unique category of demand that attracts businesses requiring inter-city mobility. The residential spill-over from this sustained commercial deepening in BKC is what makes a Sion West address — particularly one with direct connector access to BKC — increasingly viable for a K Raheja Corp-type product.
Unlike emerging peripheral locations that are still developing their civic and social ecosystems, Sion-Matunga benefits from decades of urban maturity. Matunga and Sion are part of central Mumbai and are regarded as among Mumbai's most established residential neighbourhoods, with well-regarded educational institutions, strong community fabric, and a central location that have developed into a mature residential market.
For a buyer evaluating K Amaltis, the developer's delivery record in Mumbai is directly relevant. K Raheja Corp Homes is popularly known for completing projects ahead of committed timelines. With a strong presence in vibrant cities such as Mumbai, Pune, Hyderabad, and Goa, they have delivered homes to over 7,500 families.
K Raheja Vivarea is a luxurious residential development with 486 units spread over 14.84 acres, with residences available in 3 BHK and 4 BHK configurations ranging in size from 2,058 sq ft to 2,181 sq ft. That project, in Mahalaxmi, remains one of Mumbai's benchmark residential addresses. Raheja Artesia is described as an ultra-luxury offering in Worli. The product at Sion West, while in a different geography, draws from the same design and delivery philosophy — low density, curated configurations, and sustainability-led specifications.
With over 100 awards won for its exceptional developments certified in Gold and Platinum by prestigious forums like the IGBC, K Raheja Corp Homes continues to set new standards in the real estate industry. Mindspace REIT is also India's first real estate entity to commit to both EV 100 and RE 100 initiatives of the Climate Group — a group-level commitment that flows through to individual residential projects, including the EV charging and water recycling infrastructure specified for K Amaltis.
| Detail | K Amaltis, Sion West |
|---|---|
| Developer | K Raheja Corp Homes |
| Location | Samarth Nagar, Sion West, Mumbai |
| Configurations | 3 BHK, 3.5 BHK, 4 BHK |
| Carpet Area Range | 1,346 – 2,175 sq ft |
| Total Units | 125 |
| Towers / Floors | 2 towers, 17 floors |
| Site Area | 1.51 acres |
| Possession | September 2028 |
| RERA No. | P51900054152 |