Rustomjee
Enters Parel Extension with Vista Bay, a ~₹900 Cr GDV Development in Eastern
Mumbai
Mumbai,
18 March, 2026 : Rustomjee Group, one of Mumbai’s
leading real estate developers, has announced the launch of its new premium
gated residential estate in Parel Extension – Rustomjee Vista Bay, marking
its entry into a rapidly transforming seafront micro-market. The
development is shaped by large-scale infrastructure upgrades, including the
connector roadways and upcoming metro connectivity, which are redefining
accessibility and long-term value in the precinct. Planned as a low-density,
gated residential community, it addresses growing demand from affluent
homebuyers and investors seeking the prestige of a South Mumbai address
combined with evolving urban lifestyle.
Set
on a 1.52-acre land parcel, the Rustomjee Vista Bay comprises approximately
200 exclusive residences across a single tower with two wings, offering
spacious 2 and 3 BHK homes ranging from 805 sq. ft. to 1,356 sq. ft.
Designed for discerning homeowners who value privacy and long-term value, the
development features only four residences per core, generous
3.15-metre ceiling heights, and carefully planned layouts that ensure abundant
natural light, cross-ventilation and a strong sense of seclusion.
The
project offers dual-aspect views, capturing the Eastern seaboard and Mumbai’s
skyline, while its three-tiered amenity experience at the ground level,
elevated deck and rooftop has been carefully curated to elevate everyday
living. Highlights include a temperature-controlled, infinity-edge swimming
pool overlooking the eastern harbour, wellness and leisure spaces, and social
zones that encourage community without compromising privacy.
Positioned
at the intersection of legacy and rising potential, Parel Extension is fast
emerging as South Mumbai’s most compelling residential destination. With
infrastructure catalysts such as the Mumbai Trans Harbour Link (Atal Setu),
Sewri–Worli Elevated Connector, Orange gate Tunnel and Metro Line 11, residents
will enjoy seamless connectivity to BKC, Lower Parel, Fort, Navi Mumbai and the
Navi Mumbai International airport, transforming everyday commute and long-term
liveability.
Speaking
on the launch, Mr. Boman Irani, Chairman and Managing Director, Rustomjee
Group, said, “Urban growth in Mumbai has historically
followed infrastructure, and we believe the eastern edge of South Mumbai is
entering that phase of transition as connectivity and access across the city
continue to improve. Vista Bay marks our presence in Parel Extension at a time
when the neighbourhood is beginning to see renewed residential interest. With
this project, the focus has been on creating a residential development that is
measured in scale and disciplined in its planning, with efficient layouts and a
clear emphasis on liveability. In a city like Mumbai, we believe these
fundamentals ultimately determine the long-term relevance and value of a
residential development, while shaping neighbourhoods that grow in a more
considered and sustainable manner.”
Designed
by Sanjay Puri Architects, with landscaping by Newarch LLP and interiors by
Ashleys, the development reflects Rustomjee’s longstanding philosophy of
design-led, community-first living. Every element from thoughtful space
planning to amenity placement has been carefully considered to deliver both
immediate comfort and enduring value.
Parel
Extension is poised to become a defining address for those seeking exclusivity,
connectivity and long-term equity in a transforming neighbourhood, offering a
rare opportunity for buyers who may have missed earlier entry points into
Worli, Prabhadevi or Lower Parel to now secure a foothold in South Mumbai’s
next growth corridor. This underscores Rustomjee’s commitment to shaping
Mumbai’s residential landscape with integrity, foresight and enduring purpose.
