India, March 18 -- JSW Realty, the real estate arm of the JSW Group, has signed a development agreement (DA) to redevelop Malabar Court in South Mumbai's upscale Malabar Hill, where it plans to develop a luxury project with an estimated revenue potential of over Rs.2,000 crore, featuring exclusive residences including single-floor homes, duplexes, and a signature penthouse, the company said in a statement on March 18.

"The company today signed a development agreement with the Patel Family for Malabar Court, an exclusive property in Mumbai's most established residential neighbourhood. Malabar Court has been home to the Patel family for over seven decades and holds a distinctive place in the neighbourhood's residential fabric. The agreemen...