Dalamal Apartment — Cuffe Parade's Old-Money, Sea-Adjacent Tower, ₹5.15 Cr to ₹13.5 Cr, OC Received, Open-View Stock
Dalamal Apartment sits inside the most prestigious postcode in Mumbai — Cuffe Parade, the 400-005 strip of South Mumbai that runs from World Trade Centre down to the Sahyadri Guest House grounds. It is an old-money, low-density address: the buildings here were master-planned in the 1970s land reclamation, the towers are spaced wider than anything built in Worli or Lower Parel since 2010, and the buyer profile is dominated by inherited South Mumbai families, listed-company promoters, Marwari and Sindhi business households, and senior diplomats who refuse to live north of Pedder Road. Property Butler is live with one 3 BHK unit inside Dalamal Apartment: a 1,835 sqft carpet 3 BHK on the 2nd floor of A-Wing, fully furnished, ₹13.0 Cr asking, ready-to-move with open view and one car park. Across the wider building market Property Butler tracks 4 active listings: a 2 BHK ladder at 760–1,020 sqft asking ₹5.15–6.0 Cr and the single 3 BHK at 1,835 sqft asking ₹13.0 Cr. Asking PSF on carpet runs from ₹50,000 to ₹66,176 with a building median at ₹55,124/sqft. Every listing tracked is OC-received Ready-to-Move, which means zero under-construction execution risk, zero GST loading, and the buyer is registering and inspecting the actual finished apartment before commit. The thesis: for buyers who want sea-adjacent Cuffe Parade tenure at PSFs materially below Malabar Hill trophy stock (₹85,000–110,000/sqft) and below ready-to-move Worli (₹65,000–95,000/sqft), Dalamal Apartment is one of the last addresses that still trades inside ₹55,000/sqft for a 3 BHK 1,800-sqft format.
Dalamal Apartment · Cuffe Parade · May 2026
₹5.15 Cr — ₹13.5 Cr
2 BHK · 3 BHK · 760–1,835 sqft · Cuffe Parade · OC received · ~₹55,000 PSF median
Snapshot — At a Glance
Why Cuffe Parade — the buyer profile
Cuffe Parade is the southern-most tip of the Mumbai peninsula, reclaimed in the late 1960s and developed through the 1970s and 1980s as the city's first planned high-end residential extension. Three structural features make it different from every other South Mumbai postcode: low FSI means towers are widely spaced and almost all see daylight on at least three sides; fixed inventory means there is no fresh supply — the entire stock is resale, and trophy units come to market only when a family transitions; compact geography means the whole Cuffe Parade strip is walkable to Nariman Point business district, the World Trade Centre, the Maharshi Karve Road social spine, and the southbound corridors toward Colaba.
The Cuffe Parade buyer is rarely an upgrader walking in cold off Instagram. The dominant flows Property Butler tracks here are: (a) inheritance buyers — families purchasing a second apartment in a known building to consolidate next to elderly parents; (b) NRI returnees from Singapore, London, and the Gulf treating Cuffe Parade as the legacy South Mumbai postcode they were raised in; (c) listed-company promoters upgrading from Marine Drive Art Deco floors that have hit their structural limits; (d) consulate and diplomatic mission demand — the corridor between Sahyadri and Backbay Reclamation is the densest concentration of consular residences in Mumbai.
Dalamal Apartment sits inside this profile. It is not a marketed launch — the building has carried its name and tenure since the original Cuffe Parade development era, the A-Wing structure has weathered the 1990s, the 2008 crisis, and the 2020 reset, and the apartments inside have been progressively refurbished by their owner-occupiers rather than dressed up by a developer marketing team. For the buyer who does not need a podium pool and rooftop infinity terrace and would rather have 1,835 sqft of usable carpet on a wide floor plate, this is the trade Cuffe Parade is built for. The honest negative: amenity loading is light by 2020s standards — older Cuffe Parade buildings of this era typically offer a lobby, lift bank, and basic society infrastructure, not the spa-clubhouse-gym-co-working stack that a new Worli tower will give you for the same money.
Configurations + Pricing Ladder
The pricing ladder shows the structural asymmetry of older Cuffe Parade stock: the 2 BHK trades at a tight band (₹54–66K/sqft), but the 3 BHK 1,835 sqft format commands a premium because supply is thin — typically one or two 3 BHKs in this size category come to market per year inside a building like this. The PB 3 BHK at ₹13 Cr is priced inside this scarcity band: any equivalent 1,800+ sqft carpet 3 BHK in Worli, Lower Parel, or Lower-Mahalaxmi commands ₹15–20 Cr today.
Comparison vs 2 Cuffe Parade peer buildings
The compare positions Dalamal Apartment as the open-view, low-density middle option in the Cuffe Parade resale ladder — Maker Towers trades at a higher sea-facing premium when the unit is on the western wing facing Backbay Reclamation, Jolly Maker is the entry-priced option that often comes with mid-floor obstructions, and Dalamal sits in the discreet middle band where the buyer is buying a building name and a wide plate rather than a marketing brochure.
Location, connectivity, what Cuffe Parade actually buys you
Walk-time to Nariman Point business district: 6–9 minutes from Cuffe Parade depending on the exact tower. This is the closest residential postcode to the Nariman Point Grade-A office grid (Air India Building, Maker Chambers, RBI, Stock Exchange) — for a managing partner or PE principal commuting to Nariman Point, Cuffe Parade is the only address that takes the morning car trip down to under 8 minutes door-to-door.
Drive-time to BKC: 25–35 minutes via Sea Link (off-peak), 45–55 minutes peak. Drive-time to BKC via Coastal Road: the just-opened southern stretch of the Coastal Road has brought Cuffe Parade to within 22–28 minutes of Worli off-peak and 30–35 minutes of Lower Parel — a material change since pre-2024 when this used to be a 45–60 minute crawl through Mahalaxmi or Pedder Road.
Schools: Cathedral & John Connon (Fort), Campion (Cooperage), JB Petit (Fort), Bombay International (Babulnath, via Marine Drive). All within a 6–12 minute drive. The Cuffe Parade catchment is the strongest legacy-school cluster in Mumbai — every legacy SoBo school sits inside a 12-minute envelope.
Hospitals: Jaslok (Pedder Road, 15 min), Saifee (Charni Road, 12 min), Bombay Hospital (Marine Lines, 14 min), Breach Candy (15 min). All multi-speciality, all within emergency reach.
Metro Line 3 — Cuffe Parade station: the southern terminus of Aqua Line (Mumbai Metro Line 3) is at Cuffe Parade, with phased opening through 2025–2026 progressively connecting Cuffe Parade to BKC, Domestic Airport, International Airport, SEEPZ, and Aarey Colony. When the full corridor opens, the Cuffe Parade → BKC commute will be a sub-25-minute one-seat metro ride — a structural value-add for the address that has not yet been priced into resale.
Property Butler's Verdict
Dalamal Apartment is a buy for the patient capital-preservation buyer — typically a 50+ household, second-generation Mumbai family, or NRI returnee who wants the Cuffe Parade postcode without paying Malabar Hill trophy prices. The 2 BHK band at ₹5.15–6.0 Cr is competitively positioned against new-construction 2 BHKs in Worli that ask ₹6.5–9 Cr for similar carpets — you give up a podium pool and get back the Cuffe Parade tenure, the 6-minute drive to Nariman Point, and a low-density mid-rise building plate.
Who should consider: Nariman Point professionals, multi-generational households who want walk-able SoBo, NRI returnees who grew up south of Pedder Road, family offices buying a second tenure asset. Who should skip: first-time buyers who need amenity-loaded podiums (Cuffe Parade buildings of this era have minimal amenity blocks — no spa, no co-working, no clubhouse comparable to a Lodha Marq), young families who prioritise BKC commute over Nariman Point (Bandra-East new construction trades at similar PSFs with a 10-minute BKC drive).
Negotiate on: furnishing handover condition (these buildings have wide variance between recently refurbished and original spec), corpus fund contribution structure (older buildings sometimes carry recovery levies), parking allotment clarity. Pay full ask on: the 1,835 sqft 3 BHK formats — supply is genuinely thin and the building has no fresh inventory pipeline. — Property Butler
Property Butler's Live Inventory in Dalamal Apartment
3 BHK · 1,835 sqft · A-Wing · 2nd Floor · ₹13.0 Cr
Fully furnished · 1 car park · Open view · Ready to Move (OC received) · Cuffe Parade · Possession immediate
Best fit for: family upgrading from a smaller SoBo apartment, returning NRI consolidating tenure, multi-generational household wanting wide-plate Cuffe Parade carpet.
WhatsApp us about this unit →Frequently Asked Questions
Is Dalamal Apartment RERA approved?
Dalamal Apartment is an OC-received ready-to-move building in Cuffe Parade. As a fully completed and occupation-certified building, it is in the post-RERA-construction tenure — buyers transact via Mumbai City sub-registrar with stamp duty and registration on the finished apartment. There is no under-construction RERA dependency. Property Butler verifies title chain and society NOCs for every closing.
What is the PSF range at Dalamal Apartment Cuffe Parade?
Property Butler tracks asking PSF in the building between ₹50,000 and ₹66,176/sqft on carpet, with a building median of ₹55,124/sqft as of May 2026. The 2 BHK band trades at ₹54,000–66,000/sqft and the 3 BHK 1,835 sqft format trades at ₹70,000–73,500/sqft on the live PB unit.
Are the apartments at Dalamal Apartment sea-facing?
Dalamal Apartment is in the Cuffe Parade interior cluster — units enjoy open views across the wide Cuffe Parade plot pattern and, depending on floor and wing, see sections of the Backbay Reclamation sea frontage. The PB-live 3 BHK is marked as open view rather than direct sea-facing; full sea-facing wings in Cuffe Parade trade at a 15–25% PSF premium and are typically in the row of buildings closer to the western reclamation edge.
When is possession at Dalamal Apartment?
Possession is immediate. The building is OC-received Ready-to-Move — there is no construction wait, no under-construction stage payment schedule, no GST. The buyer signs sale deed, pays stamp duty plus registration, takes keys.
What is the maintenance charge at Dalamal Apartment?
Maintenance at Cuffe Parade buildings of this vintage typically runs ₹12–₹18/sqft/month depending on amenity loading and corpus position. For the 1,835 sqft 3 BHK, expect a monthly outflow in the ₹22,000–₹33,000 range plus any society-specific corpus or sinking fund top-up. Property Butler verifies the active society demand letter and corpus balance during the closing diligence.
Are home loans available for Dalamal Apartment apartments?
Yes. As an OC-received titled property in Cuffe Parade, Dalamal Apartment apartments are on the approved-property panels of all major lenders — HDFC, ICICI Bank, SBI, Axis, LIC Housing, PNB Housing, and IIFL. Standard SoBo residential LTV applies (typically 75–80% of agreement value subject to lender policy). Property Butler arranges introductions to lenders pre-offer.
How does Dalamal Apartment compare to new-build Worli towers?
A 1,835 sqft 3 BHK at ₹13 Cr equals ~₹71,000/sqft. A comparable carpet in a new Worli tower — Birla Niyaara, Lodha World Towers, Raheja Riviera — trades at ₹85,000–125,000/sqft for similar size, meaning the Worli equivalent would ask ₹15.5–23 Cr. Buyers paying the Worli premium are buying a podium amenity block, fresh fitout, and trophy address; buyers choosing Dalamal Apartment are buying tenure, Nariman Point walking proximity, and a wider plate at a meaningfully lower PSF.