+
Bandra Bay to see Rs 1 trillion luxury realty boom
Real Estate

Bandra Bay to see Rs 1 trillion luxury realty boom

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.”

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.”

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Annette Gregg Named WTCA’s First Female CEO

World Trade Centers Association (WTCA) has appointed Annette Gregg as Chief Executive Officer, making her the first woman to lead the organisation in its 57-year history.Gregg assumed the role from October 5 and will lead WTCA from its recently established global headquarters at One World Trade Center in New York City. The association connects more than 300 World Trade Center locations across nearly 100 countries and territories.As CEO, Gregg will provide strategic leadership to WTCA and its global staff, working with the Board of Directors and members to advance business priorities, strengthe..

Next Story
Resources

Isprava Appoints Sanjay Sethi as Strategic Advisor

Isprava Group has appointed Dr Sanjay Sethi as Strategic Advisor to the business, with a focus on Lohono Stays and Isprava Hospitality.Sethi brings more than 37 years of experience across hospitality operations, development, ownership, strategic growth and capital markets. He will work closely with the Group on strategy, growth and the development of its hospitality business.The appointment comes as Isprava Group expands its integrated ecosystem spanning luxury homes, hospitality, private membership and end-to-end homeowner services.Nibhrant Shah, Managing Director & Co-CEO, Isprava Group, sai..

Next Story
Infrastructure Energy

SunBridge BioEnergy Starts Ethanol Production in Seoni

SunBridge BioEnergy, the bioenergy arm of SunBridge Group, has commenced commercial production at its grain-based fuel-grade ethanol manufacturing facility in Seoni, Madhya Pradesh. The Seoni plant has a production capacity of 300 kilolitres per day and a storage capacity of 11,000 kilolitres. Spread across approximately 117,560 sq m, the facility marks SunBridge BioEnergy’s entry into commercial ethanol production. The company is also expanding its ethanol portfolio with a 400 KLD facility in Raipur, Chhattisgarh, which is expected to become operational soon. Once commissioned, SunBridge ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code