Apple is set to open its fourth retail store at Oberoi Sky City Mall in Borivali .
🍎 Behind the Apple–Oberoi Deal
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- Lease terms: A 10 year 10 month lease with the first 10 months rent-free; thereafter ₹17.35 lakh/month (~₹2.08 crore/year), plus revenue sharing (2% for 42 months, rising to 2.5%) (hindustantimes.com).
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- Landlord & developer: Incline Realty Pvt Ltd, a subsidiary of Oberoi Realty, is spearheading leasing at Sky City Mall (aurumproptech.in).
🏢 Oberoi Sky City Mall at a Glance
The mall is part of the expansive 25-acre Oberoi Sky City mixed-use development on Dattapada Road, Borivali East (etnownews.com). Key highlights include:
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- Massive footprint: Approx. 12.07 lakh sq ft GLA (~7.24 lakh sq ft carpet) (etnownews.com).
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- Entertainment hub: A ten-screen INOX Megaplex featuring IMAX and 4DX experiences (ndtvprofit.com).
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- Connectivity: Direct access to Borivali East Metro and adjacent to the Western Express Highway (etnownews.com).
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- Retail mix: Hosts luxury brands, mid-market labels, restaurants, and cafés (urtravelguide.com).
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- Amenities: Sky City residential tower amenities include pools, gymnasiums, courts, theatre, landscape gardens, all integrated within the township (oberoirealty.com).
🌟 Celebrity Interest & Property Insights
Luxurious residential towers have captured celebrity attention:
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- Actor Abhishek Bachchan reportedly bought six flats at Oberoi Sky City(reddit.com).
The project attracts HNI buyers with 3–6 BHK apartments priced from ₹3.9 crore up to ₹11 crore+, featuring expansive layouts, modern interiors, and many high-end amenities .
🏙️ What This Means for Borivali & Mumbai
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- Elevating Borivali: The mall positions Borivali East on par with Mumbai’s upscale suburbs, bolstered by Apple’s presence (aurumproptech.in).
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- Retail magnet: Sky City Mall is poised to pull footfall from Borivali, Kandivali, Mira Road, Dahisar, among others—backed by metro, highway, and railway access (reddit.com).
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- Integrated ecosystem: A streamlined connection of residential, retail, hospitality (a 5‑star Marriott Sky City), and entertainment—mirroring global urban design (oberoirealty.com).
🔮 What’s On the Horizon?
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- Apple’s brick‑and‑mortar boom continues: With this Borivali store, its fourth in India, Apple deepens its retail footprint as part of a broader strategy tied to its manufacturing ramp-up in the country (appleinsider.com).
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- Bengaluru & beyond: Apple is also planning stores in Bengaluru, Pune, and a second Delhi location, along with expanding authorised repair services and scaling local production (appleinsider.com).
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- Property market buzz: Enhanced infrastructure and celebrity investment indicate strong growth potential for real estate across Borivali and adjacent suburbs (reddit.com).
🌆 Final Thoughts
Apple’s move into Oberoi Sky City Mall not only enhances its national retail presence, it transforms Borivali East into a vibrant live–work–play destination offering balance, convenience, and elite experiences. With celebrity-backed residential towers, cutting-edge entertainment facilities, and unmatched connectivity, Sky City is quickly becoming a landmark that reshapes Mumbai’s suburban landscape.