Bandra Bay to see Rs 1 trillion luxury realty boom

28 Oct 2025 CW Team

A joint report by Lighthouse Luxury and data analytics firm CRE Matrix, titled ‘Why Bandra Bay is Mumbai’s Most Iconic Waterfront Investment’, revealed that nearly 8 million sq ft of premium residential and retail projects are in the pipeline for the Bandra Bay area.

Mumbai’s New ‘Waterfront Capital’

The report highlights that Mumbai is poised to become India’s ‘Waterfront Capital’, with a new belt taking shape alongside the Bandra-Kurla Complex (BKC) — a thriving business and luxury residential hub.

It noted that Bandra Bay has a development potential exceeding Rs 1 trillion, with several ultra-luxury projects planned along the waterfront.

Global Benchmark for Luxury Real Estate

Describing Bandra Bay as Mumbai’s most ambitious luxury waterfront redevelopment, the report compared the area’s potential with Dubai Marina, Palm Jumeirah, and Singapore’s Marina Bay. It added that investors have a chance to own a slice of India’s most coveted real estate.

Leading Developers on Board

Around 11 developers, including Adani Realty, Hiranandani Communities, Oberoi Realty, Godrej Properties, L&T Realty, and The Wadhwa Group, are already developing projects in the region, with more firms expected to launch mixed-use developments soon.

‘India’s Most Desired Address’

Sumesh Mishra, Founder of Lighthouse Proptech, said Bandra Bay will become the most sought-after address in India, attracting ultra-high-net-worth individuals (UHNI), NRIs, and global investors seeking an iconic waterfront lifestyle.

Abhishek Kiran Gupta, CEO of CRE Matrix, added, “Our data shows that Bandra Bay will emerge as Mumbai’s most valuable waterfront asset. Limited curated supply, elite demand, and unparalleled infrastructure synergy will drive sustained capital appreciation.”

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Mumbai’s Bandra Bay is set to transform into a luxury housing and retail hub, with projects worth over Rs 1 trillion (Rs 1 lakh crore) planned in the coming years as developers look to capitalise on rising demand for waterfront properties, according to a report. A joint report by Lighthouse Luxury and data analytics firm CRE Matrix, titled ‘Why Bandra Bay is Mumbai’s Most Iconic Waterfront Investment’, revealed that nearly 8 million sq ft of premium residential and retail projects are in the pipeline for the Bandra Bay area. Mumbai’s New ‘Waterfront Capital’ The report highlights that Mumbai is poised to become India’s ‘Waterfront Capital’, with a new belt taking shape alongside the Bandra-Kurla Complex (BKC) — a thriving business and luxury residential hub. It noted that Bandra Bay has a development potential exceeding Rs 1 trillion, with several ultra-luxury projects planned along the waterfront. Global Benchmark for Luxury Real Estate Describing Bandra Bay as Mumbai’s most ambitious luxury waterfront redevelopment, the report compared the area’s potential with Dubai Marina, Palm Jumeirah, and Singapore’s Marina Bay. It added that investors have a chance to own a slice of India’s most coveted real estate. Leading Developers on Board Around 11 developers, including Adani Realty, Hiranandani Communities, Oberoi Realty, Godrej Properties, L&T Realty, and The Wadhwa Group, are already developing projects in the region, with more firms expected to launch mixed-use developments soon. ‘India’s Most Desired Address’ Sumesh Mishra, Founder of Lighthouse Proptech, said Bandra Bay will become the most sought-after address in India, attracting ultra-high-net-worth individuals (UHNI), NRIs, and global investors seeking an iconic waterfront lifestyle. Abhishek Kiran Gupta, CEO of CRE Matrix, added, “Our data shows that Bandra Bay will emerge as Mumbai’s most valuable waterfront asset. Limited curated supply, elite demand, and unparalleled infrastructure synergy will drive sustained capital appreciation.”

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..