Of all the stretches of coastline that Mumbai's oldest real estate names compete for, Juhu Tara Road occupies a category of its own, and it is here that Lodha has placed one of its most closely watched developments, Lodha Avalon. Sprawling across 6 acres on Juhu's golden mile, Lodha Avalon commands the largest sea-facing expanse in Juhu, with unending ocean views, unbridled privacy, and world-class comforts. The tower rises on the site where the Centaur Hotel, later renamed Tulip Star, once welcomed the city's elite, giving the address a layer of civic memory that few new-build plots on this coast can claim.
Lodha Avalon is a deliberately low-density project. Records list 26 units across the development, with a project area of about 0.57 acres and two towers rising to roughly 40 floors. Each palatial 5 BHK residence spans an extraordinary 9,863 square feet of built-up space, offering one home per floor for absolute privacy, with a carpet area of approximately 8,900 square feet. Units are delivered in a bare-shell format, with no internal partitions, just structural columns, external walls, and a central service core, allowing owners to design each floor as a private residence rather than a standardised apartment. Lodha Avalon has been registered via MahaRERA registration number P51800079669, verifiable on the Maharashtra RERA website. The project is under construction, with possession scheduled for September 2028, and units are priced from roughly ₹98.63 crore.
The pricing is not abstract. In January 2025, a 9,863 sq ft apartment at Lodha Avalon sold for ₹106.52 crore, equating to about ₹1,08,000 per square foot on built-up area, a transaction that placed the project among the highest per-square-foot residential deals recorded in the city that year. Residences range from 8,298 to 15,602 sq ft, with amenities gathered under the in-house Club Saint Amand and private beach access.
Avalon sits within a locality where Lodha already has a working track record rather than a first foray. On the same Juhu Tara Road corridor, the developer has completed Lodha One, a residential tower offering larger-format 4 BHK homes, and more recently introduced Lodha Sirius, a boutique commercial address. Lodha Sirius is a boutique office project located on Juhu Tara Road, Mumbai, offering office spaces designed for businesses seeking a prestigious address, with offices enjoying views of the Juhu Lake. Taken together, the three projects give Lodha a residential-to-commercial footprint along a single half-kilometre of coastline, an unusual concentration for any developer in this micro-market.
Mangal Prabhat Lodha founded the Lodha group in Mumbai in 1980, building initially in the city's middle-income segment before moving upmarket over subsequent decades. The company, incorporated as Macrotech Developers in 1995, listed on the BSE and NSE in 2021 through an IPO that raised approximately ₹2,500 crore and was subscribed 27 times, and was renamed Lodha Developers Limited on 16 June 2025. The company reported revenue of ₹13,779 crore in 2025, and its portfolio spans residential and commercial properties in Mumbai, Thane, Hyderabad, Pune and London. Landmark projects elsewhere in the city underline the scale a Juhu buyer is aligning with: World One, the world's tallest residential tower, Lodha Bellissimo, the only Indian residential development to feature among the top 1000 landscapes in the world, and Palava, a 4,000-acre integrated township near the upcoming Navi Mumbai international airport. The group's earlier South Mumbai acquisitions, including Washington House on Altamont Road, redeveloped into Lodha Altamount, and a London building purchased from the Government of Canada, point to a pattern of buying scarce, storied parcels, precisely the model repeated at the former Centaur Hotel site in Juhu.
Lodha Avalon's pricing rests on a locality that has held its position among Mumbai's costliest addresses for decades. Juhu has been Mumbai's premier beachfront residential area for over 40 years, home to Bollywood and business figures. Recent price data reflects sustained demand rather than a sudden spike: the average asking price moved from ₹57,500 per sq ft in June 2025 to ₹61,100 per sq ft by March 2026, while flat rates in Juhu have changed by 6.3% in the last year, 14.9% over three years and 22.2% over five years. Registration data shows continued transaction volume: official registration data for July 2025 to June 2026 recorded 59 transactions with a total gross value of ₹1,049 crore.
Connectivity underwrites this demand. The nearest train station, Vile Parle, is just 1.16 kilometres away, and Chhatrapati Shivaji International Airport is 3.36 kilometres from the locality. D.N. Nagar Metro is about 4 km, roughly a 10-minute drive. The upcoming Coastal Road will provide seamless access to Bandra, BKC, Andheri and the airport, a project expected to tighten Juhu's link to South Mumbai's commercial districts further. Social infrastructure around the Avalon site is already dense: the location is minutes from Juhu Airport and Chhatrapati Shivaji Maharaj International Airport, about a 10-minute drive to Nanavati and Kokilaben hospitals, and within walking distance of Juhu Beach.
A buyer evaluating Lodha in Juhu is weighing three layered factors: a developer with a 45-year Mumbai record and a listed balance sheet, a specific asset in Lodha Avalon built on one of the last large sea-facing land parcels the city will release, and a locality where price appreciation has been steady rather than speculative. For context, Lodha Sea Face in Worli trades at ₹90,000 to ₹1,00,000 per sq ft, while established Malabar Hill properties range ₹80,000 to ₹1,20,000 per sq ft, placing Avalon's realised pricing within the band of Mumbai's most established ultra-luxury addresses rather than as an outlier.
