What is the latest status of the project “Palais Royale Residential Tower”?

The status recorded for “Palais Royale Residential Tower” is under construction.

What is the budget and commercial profile for the project “Palais Royale Residential Tower”?

Taiyo normalizes the budget of “Palais Royale Residential Tower” to USD 861721500.

Where can I verify the source and access all details for “Palais Royale Residential Tower”?

This Taiyo project page references mint along with the original URL (https://www.livemint.com/companies/news/palais-royale-legal-hurdle-creditor-settlement-real-estate-project-delay/amp-11766730543949.html). Taiyo standardizes official data into a consistent, searchable project profile.

Palais Royale Residential Tower

Under construction · Maharashtra · Last reported Oct 2025

Source: mint

Project

Under Construction

Palais Royale is a long-delayed residential skyscraper project in Mumbai's Worli area, touted to be India's tallest residential building once completed. The project has faced multiple delays since its inception in 2005, with ownership changes and legal disputes. The developer, Honest Shelters Pvt. Ltd., acquired the project in 2019 and has extended the completion deadline multiple times, with the

Status: Under Construction
Sector: Residential, Commercial
Location: Mumbai, Maharashtra, India
Updated: 22 Jul 2026
Source: mint

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Project Information

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The project “Palais Royale Residential Tower” is an infrastructure initiative in the Residential sector, located in Mumbai, Maharashtra, India. Taiyo aggregates data on it from mint.

Participants

Not available for this record.

Status

Original status	under construction
Taiyo status	Under Construction
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Palais Royale is a long-delayed residential skyscraper project in Mumbai's Worli area, touted to be India's tallest residential building once completed. The project has faced multiple delays since its inception in 2005, with ownership changes and legal disputes. The developer, Honest Shelters Pvt. Ltd., acquired the project in 2019 and has extended the completion deadline multiple times, with the latest target set for December 2024. The project remains unfinished with visible construction delays and its regulatory registration has lapsed.
Original sector	Built Sector
Budget

Location

Country	India
State	Maharashtra
City	Mumbai

Source

Source	mint
URL

More Details

Record type	Project
Sector	Residential, Commercial
Article published date	2025-12-29

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