Marine Lines · Mumbai
Prestige Ocean Towers
285, Dr Babasaheb Jaykar Marg, Marine Lines · by Prestige Group
Registered project name
Prestige Ocean Towers - NorthUpdated Oct 2026
Marine LinesPhotos from the project record · tap to enlarge
A first look at Prestige Ocean Towers
Prestige Ocean Towers is a residential project on 285, Dr Babasaheb Jaykar Marg, Marine Lines, Mumbai 400002. It is registered with MahaRERA under P51900053993 (registered 2023-12-18). The project has 112 units across 1 building of up to 60 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). The quoted rate is about ₹98,900 per sq ft. MahaRERA proposed possession: Oct 2030.
Ask an advisor to verify current developer inventory and price.
Other wings & phases: Prestige Ocean Towers - South
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 (2)
Property listings in Prestige Ocean Towers
About Prestige Ocean Towers
Location
The address of Prestige Ocean Towers is 285, Dr Babasaheb Jaykar Marg, Marine Lines, Mumbai 400002, in the Mumbai City district. Across 15 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 P51900053993, issued on 18 December 2023. The registered promoter is Prestige Projects Private Limited. The filing lists 1 wing: Wing 1 /Tower 1 with 112 units over 60 floors. Per the registration, the architect on record is Prajakta and the project escrow account is with ICICI Bank Ltd.
Homes and prices
The price list covers 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 203%, structure at 0%, finishing at 0%, services at 0%. Proposed possession is Oct 2030.
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
This project is quoted around ₹98,913/sqft — 61% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Upcoming projects & infrastructure in Marine Lines
take an informed decision4 MahaRERA projects are due to hand over in Marine Lines between 2027 and 2031; the nearest upcoming infrastructure to Prestige Ocean Towers 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
112 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.
Resale Flats for Sale in Marine Lines
4
Commercial for Sale in Marine Lines
2
Commercial for Lease in Marine Lines
1
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Frequently Asked Questions
Where is Prestige Ocean Towers located?
Prestige Ocean Towers is on 285, Dr Babasaheb Jaykar Marg, Marine Lines, Mumbai 400002.
What is the price of Prestige Ocean Towers?
4 BHK homes are priced ₹25 Cr as on 09 Jul 2026, about ₹98,900 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Prestige Ocean Towers 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?
As per MahaRERA, proposed possession is Oct 2030.
Is Prestige Ocean Towers RERA-registered?
Yes — MahaRERA registration P51900053993, registered 2023-12-18.
How many units does Prestige Ocean Towers have?
MahaRERA records 112 units across 1 building, up to 60 floors.
Who is the developer of Prestige Ocean Towers?
Prestige Group — 10 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Marine Lines?
4 MahaRERA-registered projects in Marine Lines are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Prestige Ocean Towers?
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.
