Marine Lines · Mumbai
Prestige Ocean Towers - South
285, Dr Babasaheb Jaykar Marg, Marine Lines · by Prestige Group
Updated Oct 2026
Marine LinesPhotos from the project record · tap to enlarge
A first look at Prestige Ocean Towers - South
Prestige Ocean Towers - South is a residential project on 285, Dr Babasaheb Jaykar Marg, Marine Lines, Mumbai 400002. It is registered with MahaRERA under P51900066470 (registered 2024-06-11). The project has 192 units across 1 building of up to 62 floors. It offers 4 BHK homes with carpet areas of 2,491–2,565 sq ft, priced ₹25 Cr as on 09 Jul 2026 (indicative). MahaRERA proposed possession: Apr 2031.
Ask an advisor to verify the current project and inventory status.
Part of Prestige Ocean Towers, Marine Lines
Other wings & phases: Prestige Ocean Towers - North
Availability & Pricing
Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.
💬 Request latest price on WhatsAppUnit configurations filed with MahaRERA (4)
About Prestige Ocean Towers - South
Location
Prestige Ocean Towers - South stands on 285, Dr Babasaheb Jaykar Marg in Marine Lines, Mumbai 400002, in the Mumbai City district. Across 17 recent resale listings on MPE, homes in Marine Lines have a median asking rate of ₹61,500 per sq ft.
MahaRERA record
The MahaRERA registration number is P51900066470, issued on 11 June 2024. The registered promoter is Prestige Projects Private Limited. The filing lists 1 wing: Wing 2/Tower 2 with 192 units over 62 floors. Per the registration, the architect on record is Prajakta and the project escrow account is with Kotak Mahindra Bank Ltd.
Homes and prices
Homes on offer are 4 BHK of 2,491–2,565 sq ft at ₹25 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹97,500–₹100,400 per sq ft of carpet, 63% above the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.
Construction and possession
The latest MahaRERA progress report shows foundation at 56%, structure at 0%, finishing at 0%, services at 0%. Proposed possession is Apr 2031.
Developer track record
Prestige Group has 10 projects tracked on Mumbai Property Exchange, 3 of them delivered (ready or sold out). Other projects by the same developer include Prestige Thane, Prestige Trade Centre, Prestige Garden Trails.
Marine Lines market
prices, rents & ratesMarine Lines — resale, rent & yield
From MPE live listings, last 18 months · Mumbai price index ›
Upcoming projects & infrastructure in Marine Lines
take an informed decision9 MahaRERA projects are due to hand over in Marine Lines between 2026 and 2030; the nearest upcoming infrastructure to Prestige Ocean Towers - South is the Line 11 Green, 1.8 km away (approved).
Supply is not evenly spread — one year carries almost half of it.
- 🛣️Coastal Road (Phase 1)Opened 20240.3 km
- 🚇Line 3 AquaOpened 20251.4 km
- 🚇Line 11 GreenApproved1.8 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Marine Lines, then an advisor calls about your budget and configuration.
Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.
RERA record & possession
Buildings · 1 wing
192 unitsLocation
Construction progress
per MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.
In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.
Example: 4 BHK · 2565 sq ft at ₹25.00 Cr (the price recorded above).
- ○ Plinth complete45% paid by then
- ○ Slabs complete70% paid by then
- ○ Walls, plaster & flooring75% paid by then
- ○ Sanitary fittings80% paid by then
- ○ Staircases, lift wells & lobbies85% paid by then
- ○ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹18.75 Cr here), released stage by stage, so your own money is about ₹6.25 Cr plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹16.27 L/month (8.5%, 20 years).
Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.
💬 Talk through the numbers with an MPE advisorAmenities
21+13 more ▾
Next steps — clarity before you step out
Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.
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Frequently Asked Questions
Where is Prestige Ocean Towers - South located?
Prestige Ocean Towers - South is on 285, Dr Babasaheb Jaykar Marg, Marine Lines, Mumbai 400002.
What is the price of Prestige Ocean Towers - South?
4 BHK homes are priced ₹25 Cr as on 09 Jul 2026. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Prestige Ocean Towers - South offer?
4 BHK – 2,491 sq ft carpet at ₹25 Cr; 4 BHK – 2,565 sq ft carpet at ₹25 Cr.
When is possession of Prestige Ocean Towers - South?
As per MahaRERA, proposed possession is Apr 2031.
Is Prestige Ocean Towers - South RERA-registered?
Yes — MahaRERA registration P51900066470, registered 2024-06-11.
How many units does Prestige Ocean Towers - South have?
MahaRERA records 192 units across 1 building, up to 62 floors.
Who is the developer of Prestige Ocean Towers - South?
Prestige Group — 10 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Marine Lines?
9 MahaRERA-registered projects in Marine Lines are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Prestige Ocean Towers - South?
Coastal Road (Phase 1) — opened 2024, 0.3 km away; Line 3 Aqua — opened 2025, 1.4 km away; Line 11 Green — approved, 1.8 km away. Timelines are as announced and can change.
How do I book or get more details?
Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.
