Zapkey’s List of Top 100 projects in the MMR Region 2022

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As per data accessed by Zapkey, a total sale of Rs 43,000 crs+ has been registered across 19,000+ txns in the top 100 projects. This is a decline of 2.5% in terms of value on a YoY basis as 2021 saw sales of 44,300 crs+ across 22,100+ txns in the top 100 projects. We believe there were 2 reasons for this minute decline: (1) An increase of 1% in stamp duty for Mumbai, Thane from 1st April 2022, (2) Lesser value contribution from projects in the top 10 list from localities in Worli, Lower Parel, Prabhadevi; unlike 2021 indicating a possibility of a lot of high-value inventory getting sold out in 2020 and 2021 as the pandemic gave a big boost to high-value properties. 

Top 10 projects include:

Birla’s project emerged as the highest-selling project indicating the importance consumers give to brands in real estate even if it is a relatively newer entrant. Prestige, one of the leading developers in Bangalore, was also able to break into the top 10 with their Mulund project.

Raheja Artesia, Indiabulls Blu, and Rustomjee Crown were in the top 5 projects in 2021 while they have moved out of the top 5 list this year.

Top Localities:

    • Worli emerged as the top locality contributing to the top 100 projects with a total sale value of Rs 5600 crs+ followed by Powai at Rs 4400 crs+, Mulund West at Rs 3600 crs+, Mahalaxmi at Rs 1780 crs, and Prabhadevi at Rs 1,500 crs.
    • Powai emerged at number 2 in the list of localities for top 100 projects driven by good sales in L&T Emerald Isle, L&T Elixir Reserve, Kanakia Codename Future, Hiranandani Gardens Highland, and Hiranandani Gardens Adonia.
    • Projects in Thane contributed to Rs 4500 crs of sales driven by Raymond The Address, Lodha Amara, Raymond Realty TenX, Piramal Vaikunth, and Rustomjee La Familia (Rustomjee Uptown Urbania).
**Disclaimer: Although every effort has been made to provide complete and accurate information, Zapkey Technologies makes no warranties, express or implied, or representations as to the accuracy of the content on this website. Zapkey Technologies assumes no liability or responsibility for any error or omissions in the information contained on the website or the operation of the website. Furthermore, some transactions mentioned hereon are clubbed due to multiple purchases in the same project by the same party or members of the same family, and some transactions may not be undertaken for personal use but for redevelopment purposes. In case of inaccuracies or queries relating to the information, you can email us at


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