Sea-Facing Luxury Towers, Private Clubs & Crore-Worth Horses: South Bombay Unfiltered | Owais | FWS

Description

In this episode of Finance With Sharan, Sharan Hegde steps away from spreadsheets and portfolios to explore a different side of wealth: real estate in South Bombay, one of the oldest and most expensive property markets in the country. His guide for the day is Owais Machhiwala, a real estate professional with 17 years of experience in the industry, having started in construction before moving into real estate brokerage and, more recently, real estate content creation. Having lived in South Bombay his entire life, Owais brings an insider's understanding of how old money in Mumbai actually operates.The conversation moves through South Bombay's oldest institutions and newest developments, from a 60-year-old Marine Drive eatery to an under-construction tower offering unrestricted sea views, to a duplex on the 63rd floor of one of India's tallest residential towers. Along the way, Sharan and Owais discuss how commercial rents in prime South Bombay locations compare to residential prices, why old money in Mumbai concentrates south of Bandra while newer wealth spreads north, and how redevelopment projects handle the transition from decaying tenant housing to modern towers.Beyond the property tours, the episode turns to sharper, more practical themes for anyone thinking about buying real estate in India. Owais speaks candidly about how even large, reputable developers can have inconsistent delivery records depending on location and project, why reading the fine print in builder agreements matters far more than most buyers realize, and how RERA regulations give homeowners leverage they often don't use. The episode closes with a look at the exclusive clubs and racecourse culture that define South Bombay's social fabric, offering a fuller picture of what old wealth in India actually looks like day to day.For viewers interested in real estate as an asset class, this episode offers a grounded look at how location, developer reputation, and legal awareness shape property value and buyer protection in one of India's most premium