About Breach Candy
Breach Candy is a narrow, coveted stretch of South Mumbai's western coastline, tucked between Cumballa Hill and Malabar Hill. Breach Candy, in particular, is renowned for its scenic views of the Arabian Sea, proximity to major landmarks, and elite residential and commercial infrastructure. This upscale neighbourhood is home to some of Mumbai's most prominent personalities, making it an iconic address.
The locality's character is shaped by landmarks that have stood for generations. The elite Breach Candy Club in the neighbourhood features the country's largest India-shaped swimming pool. The 18th century Mahalaxmi Temple, which honors the Hindu goddess of wealth and wisdom, is situated nearby on the edge of sea. Famous places close to Breach Candy encompass the Breach Candy Hospital, the Mahalaxmi Temple, and the beautiful Marine Drive.
Real estate here sits at the very top of Mumbai's price ladder. Average property rates per square feet in Breach Candy, Mumbai South for flats stood around Rs 67150 per sq ft. Newer redevelopment projects command far higher rates - this marks the developer's entry into the uber-luxury South Mumbai market, where rates (as per market sources) are estimated in the range of Rs 1,25,000 and Rs 1,40,000 per square foot.
Demand is driven largely by redevelopment of ageing buildings rather than fresh land supply. Due to its picturesque nature and available facilities, Breach Candy has become one of the most expensive localities in India to live in. Property prices are among the highest in the country. This scarcity, combined with the neighbourhood's old-money pedigree, is why marquee developers are now entering with landmark redevelopment projects.
At a Glance
