Bandra Bay: Mumbai's New Luxury Waterfront Frontier

Bandra Bay in Mumbai is set to become a luxury real estate hotspot, with projects worth over Rs 1 lakh crore planned. The area is touted as Mumbai's most iconic waterfront investment, attracting high-net-worth individuals and investors, comparable to Dubai Marina and Singapore's Marina Bay.

In a striking transformation, Mumbai's Bandra Bay is poised to become a premier luxury real estate destination, with projects exceeding Rs 1 lakh crore in development value. This move aims to harness the surging demand for waterfront properties, according to an industry report.

Compiled by Lighthouse Luxury and data analytics firm CRE Matrix, the report highlights the planned development of 8 million square feet of prime residential and retail spaces in the Bandra Bay area. 'Why Bandra Bay is Mumbai's Most Iconic Waterfront Investment' paints Bandra Bay as a budding 'Waterfront Capital' alongside the notable Bandra-Kurla Complex.

Industry giants like Adani Realty and Oberoi Realty are leading the charge with mix-use projects, positioning Bandra Bay as a prestigious global benchmark. Experts suggest this luxury enclave is set to captivate ultra-high-net-worth individuals and global investors, enhancing Mumbai's real estate allure.

(With inputs from agencies.)