7 months ago
Bandra Bay Emerges as Mumbai's New Luxury Waterfront Market
Bandra Bay in Mumbai is getting a big makeover.
A company called CRE Matrix is working on new projects there.
Their boss, Abhishek Kiran Gupta, thinks Bandra Bay will become as fancy as Worli, another popular area in Mumbai.
Worli is known for its luxury homes and buildings.
Over the next ten years, Bandra Bay will have new buildings and places to live.
This will make it a special and luxurious place to live, just like Worli.
People who want to buy or rent fancy homes will have more options in Mumbai.
Bandra Bay is being developed as a luxury real estate location in Mumbai.
The development is expected to challenge Worli's dominance in the luxury market.
CRE Matrix, led by CEO Abhishek Kiran Gupta, is spearheading the projects.
The projects will be developed over the next decade.
Bandra Reclamation already exists, but Bandra Bay's development will make it unique.
- Who
- CRE Matrix, led by CEO Abhishek Kiran Gupta
- What
- Development of Bandra Bay as a luxury real estate location
- Where
- Bandra Bay, Mumbai
- When
- Over the next decade
- Why
- To challenge Worli's dominance in the luxury real estate market
Key facts
- Location
- Bandra Bay, Mumbai
- Competitor
- Worli
- Timeframe
- Next decade
- Developer
- CRE Matrix
- CEO
- Abhishek Kiran Gupta
Quotes
Abhishek Kiran Gupta
CEO of CRE Matrix, a real estate research and analytics firm.
“The various projects in the pipeline in Bandra Bay that will be developed over the next decade or so will see the area catching up to Worli. Bandra Reclamation was always there, but once Bandra Bay in the locality is developed, it will be a unique luxury real estate location.”
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