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74 Storeys, ₹2800 Crore GDV: YM Infra, Ashwin Sheth Group Expand South Mumbai Portfolio

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Mumbai, 19 January 2026: YM Infra, in strategic association with Ashwin Sheth Group, today announced the launch of One Marina, a 74-storey luxury residential development in Marine Lines, South Mumbai. Spanning approximately 1.5 million sq. ft. of total development area and with an estimated Gross Development Value (GDV) of ₹2800crore, this iconic project is poised to be the tallest residential tower in its immediate micro-market and a significant addition to the luxury premium SoBo housing demand in the island city. With limited large-format launches in South Mumbai over recent years, the scale and vertical ambition of One Marina mark a notable shift in the area’s development trajectory. One Marina will boast of Lifelong Unobstructed Views for its lucky residents.
The project will comprise residences across 2, 3, 4 Bed configurations along with Duplex & Penthouses, with indicative ticket sizes ranging from ₹7 crore to ₹45 crore. Designed with a low-density layout of approximately six residences per floor, the tower emphasises exclusivity and privacy while maximising efficiency in vertical circulation. A defining design decision ensures that every apartment is oriented towards the Arabian Sea (95%). Positioned at 131 feet above sea level, the first habitable floor enhances privacy and unlocks expansive, uninterrupted sea views from every residence, reinforcing the project’s premium positioning. Inspired by NewYork’s Billionaire’s Row, the luxury amenities occupy the 69th & 70th floors.
Speaking on the launch, Suhail Yakub, Chairman YM Infra Group mentioned, “Our vision for One Marina was never just about creating a luxury address, but about demonstrating how legacy land parcels in South Mumbai can be reimagined into transformative, world-class developments. One Marina is more than a residential tower – it is a symbol of regeneration, resilience, and responsible development that elevates both community and lifestyle.”
Atif Yakub, Managing Director YM Infra Group added, “The journey of One Marina reflects YM Infra’s core strength – identifying potential where others see limitations and executing with precision to convert opportunities into landmark realities. This project offers a rare opportunity to introduce vertical scale with strong long-term and our commitment to creating sustainable value for stakeholders, residents, and the city at large.”
Ashwin N Sheth, Chairman and Managing Director of Ashwin Sheth Group, said, “One Marina reflects our continued focus on landmark developments and a return to SoBo after Beaumonde & Cnergy. With over four decades of delivery experience across MMR, we approach this project with a clear emphasis on design integrity, disciplined execution and long-term value creation.”
Architecturally designed by world-renowned firm, ARK by Reza Kabul Architects, who are overseeing architecture and master planning. The landscape design done by International consultant Site Concepts International, Philippines. Structural Consultant is the renowned Mahimtura Consultants & MEP Consultant PDA Associates. The global experts Kvant Lasers have been formally engaged to enhance and elevate the architectural illumination of the skyscraper. The tower introduces a contemporary award-winning vertical profile along Mumbai’s waterfront. The fully glazed façade integrates high-performance energy glass to enhance thermal efficiency while preserving panoramic views. The tower is planned with ample parking spaces 722 distributed across eight podium levels and two basement levels, addressing a critical infrastructure requirement in South Mumbai’s dense urban fabric. The development strategy reflects a growth investment building long-term asset value.
The launch formalises the strategic association between YM Infra, whose leadership has focused on expansion within high-value, supply-constrained luxury micro-markets, and Ashwin Sheth Group, a developer with over four decades of experience across the Mumbai Metropolitan Region. The collaboration brings together execution capability, brand equity and growth capital at a time when South Mumbai continues to witness selective but high-impact residential launches. Marine Drive remains a tightly held residential pocket with limited redevelopment opportunities, making vertical scale and full sea frontage, key differentiators in value creation.
About YM Infra Group
YM Infra Group is a Mumbai-based real estate development platform with nearly two decades of experience in premium residential and mixed-use projects across high-entry-barrier urban micro-markets. Focused on strategic redevelopment and land aggregation within South and Central Mumbai, the Group has built a reputation for unlocking value in all types of corridors through disciplined capital deployment and structured execution. With approximately 2.5 million sq. ft. under development, six active projects, and over 2,100 residences underway, YM Infra continues to strengthen its presence in established neighbourhoods such as Mazgaon, Mumbai Central, and Marine Lines. The company emphasises regulatory integrity, financial prudence, design efficiency, and timely delivery. Positioned as a focused and governance-led player in Mumbai’s premium real estate segment, YM Infra remains committed to selective, high-impact developments that create enduring asset value while contributing meaningfully to the city’s evolving skyline.
About Ashwin Sheth Group

Established in 1986 by Ashwin Sheth, the Ashwin Sheth Group is a Mumbai-based real estate developer renowned for its design excellence, meticulous planning, and unwavering commitment to quality. With over 80 landmark projects across Mumbai and Dubai, including Viviana Mall, Iris Bay, Cnergy, BeauMonde, and Montana, the Group has delivered more than 40 million sq. ft. of space and provided homes to over 35,000+ families. Recognised for its commitment to excellence, the Group has received several prestigious awards, including Luxury Project of the Year Sheth Avalon (Fortune Leadership Awards, 2024), Luxury Residential Development (International Realty Awards Asia, 2024), and Luxury Project of the Year – Sheth Avalon (Global Real Estate Congress, 2020). With over 10 million sq. ft. under development, Ashwin Sheth Group continues to set benchmarks in luxury living and integrated communities.

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