With a lion's share of 77% of India's tall buildings, Mumbai is well positioned to keep its dominant position in tall building construction thanks to its ability to charge higher prices than other cities.

Minerva, India's tallest residential skyscraper in South Mumbai's Mahalaxmi neighbourhood, is backed by Shapoorji Pallonji Real Estate and PAG.

Merlin Group, a realtor headquartered in Kolkata, has launched a Rs 200 crore tower in Salt Lake's Sector V, the city's IT powerhouse.