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.”

Next Story
Equipment

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

Next Story
Infrastructure Energy

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

Next Story
Infrastructure Energy

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App