| Palais Royale | |
| Location: | 2R29+6CV, G M Bhosale Road, Worli, Mumbai, Maharashtra 400018 |
| Address: | 2R29+6CV, G M Bhosale Road, Worli, Mumbai, Maharashtra 400018 |
| Location Town: | 19°00'02.2"N 72°49'06.9"E |
| Coordinates: | 18.9995°N 72.8195°W |
| Status: | Topped-Out[1] |
| Start Date: | 30 May 2008 |
| Topped Out Date: | 2018[2] [3] |
| Opened: | 30 December 2024[4] |
| Building Type: | Supertall Residential skyscraper |
| Antenna Spire: | 320m (1,050feet)[5] |
| Floor Count: | 88 |
| Material: | Concrete |
| Elevator Count: | 12 |
| Cost: | [6] |
| Floor Area: | 3.3abbr=onNaNabbr=on |
| Architect: | Talati Panthaky Associates |
| Structural Engineer: | Sterling Engineering Consultancy Services Pvt. Ltd., Mumbai |
| Main Contractor: | Raghuveer Urban Constructions |
Palais Royale is an under-construction[7] supertall residential skyscraper in Worli, Mumbai, Maharashtra, India.[8] [5] At 320m (1,050feet), it is the tallest topped out building and third tallest structure in India.[9] The building had topped-out in 2018 but the facades and interior of the skyscraper are still under construction. Its completion, previously expected by 30 December 2023, has been delayed due to pending litigation and other external factors, and is now expected by 30 December 2024.[10]
The building is being constructed on land previously owned by Shree Ram Mills Ltd. Permits for construction were granted in 2005, and construction began in 2008. The project's progress has been stalled due to multiple public interest litigation lawsuits filed by NGOs Janhit Manch and UHRF of Delhi. These litigations were disposed of by the Supreme Court of India in October 2019.[11] In its judgement, the Court observed that the lawsuits lacked consistency and bona fides. The promoters of the project have contended the lawsuits are motivated and sponsored by private interests of rival builder Mufatraj Munot of Kalpataru Builders.[12] [13]
The site was put up for auction in May 2019 but did not attract any buyers.[14] Another auction was held in mid-2019, and the incomplete site was bought by a company named Honest Shelters for 705 crore. On completion, the building would have 153 apartments ranging in size between 8000and.[15]