Rustomjee Group has launched the Vista Bay Parel Extension project in eastern Mumbai. The development carries an estimated Gross Development Value (GDV) of around 900 INR-Crore. The project is located in Parel Extension and marks the company’s entry into the emerging seafront micro-market.
The project will be developed on an anticipated 1.52 Acres land parcel. It will comprise a single tower with two wings and around 200 residential units. The development will offer 2 and 3 BHK residences. Additionally, the project includes multi-level amenities across ground, podium and rooftop levels. It will also benefit from connectivity upgrades such as the Mumbai Trans Harbour Link, metro connectivity and elevated road corridors.
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Once completed, the Vista Bay Parel Extension project will add premium residential supply in eastern Mumbai. It will also support redevelopment-led growth in the Parel micro-market. Additionally, improved connectivity is expected to enhance long-term real estate value in the region.
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Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
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