This article examines the ecological contradictions embedded in contemporary corporate development through a critical analysis of four interconnected cases linked to the activities of the Piramal Group. Situated within the broader environmental context of Mumbai—one of the world’s most climate-vulnerable coastal megacities—the study explores how industrial production, urban real-estate expansion, and superrich architectural consumption intersect with fragile ecosystems and emerging climate risks. The first case investigates allegations of groundwater contamination linked to pharmaceutical manufacturing in Digwal village in Telangana, where proceedings before the National Green Tribunal raised concerns about impacts on aquifers and agricultural landscapes. The second examines controversy surrounding a chemical manufacturing facility in Dahej in Gujarat, where the Gujarat Pollution Control Board ordered a plant shutdown after allegations that hazardous industrial waste had been discharged into a canal connected to the Narmada River system. The analysis then turns to Mumbai’s coastal urban landscape, where luxury developments by Piramal Realty illustrate the commodification of waterfront environments marketed through narratives of sustainability and “biophilic living.” Finally, the study examines the sea-facing residence Gulita as a symbolic expression of wealth concentration along a climate-exposed coastline. Drawing on environmental reports, regulatory proceedings, and urban climate research, the article situates these cases within a broader framework of coastal capitalism and urban ecological transformation, arguing that corporate sustainability narratives often coexist with environmental risks displaced onto rural landscapes, industrial waterways, and vulnerable urban coastlines.