Why usLog inList propertyWhatsApp us
New projectsAll new projectsBest dealsUnder-construction guideRERA searchBuilders
BuyHomes for saleCommercialMap searchPrivate clients
RentHomes for rentOffices for lease
ExploreLocalitiesInvest in MumbaiNRI hubNews and insights
ToolsBudget planner
CallWhatsAppSearch
Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp

Updated Oct 2026

Jerbai Wadia Road, Near Mahatma Phule Education Society, Parel
Your next step
Homes available in Crescent Bay

Which homes are available right now — resale and rental, with asking prices — sent to your WhatsApp by an MPE advisor.

Enter your mobile and we will WhatsApp you what is available in Crescent Bay.
+91
QR code: scan to WhatsApp Mumbai Property Exchange about this page
On your phone? Scan to WhatsApp us about this page. No number to type here.
Or log in with a one-time code

Mumbai Property Exchange · MahaRERA agent A51800043517 · advising buyers since 1995. Your number is used to respond to your enquiry.

New · drive before you visit

Drive to Crescent Bay from your place

See the road from your home or office, the drive time with Mumbai traffic, what you pass on the way — and the street view at the gate.

SOLD OUT
Crescent Bay is sold out by the developer.Resale and rental flats in this building are listed below.
See resale & lease in this building →

Crescent Bay price check and key numbers

swipe →
Area price trend
₹48,400/sq.ft
+0.6% since Q2 25 · asking rate for homes in Parel
Who's looking
27 requests
People asked us for Parel in the last 90 days — 5 to buy.
Getting around
  • Worli-Sewri Connector0.9 km
  • Line 11 Green0.9 km
  • MTHL / Atal Setu1.5 km

A first look at Crescent Bay

Crescent Bay is a residential project by L and T Realty on Jerbai Wadia Road, Near Mahatma Phule Education Society, Parel, Mumbai 400012. It is registered with MahaRERA under P51900008032 (registered 2018-03-01). Crescent Bay is sold out by the developer — resale flats here are listed from ₹4.25 Cr and rentals from ₹1.5 Lakh a month. The project has 12 units across 1 building of up to 2 floors. It offers 3 & 4 BHK homes with carpet areas of 1,041–2,500 sq ft. MahaRERA proposed possession: Mar 2018.

Resale and rental stock live in this building.

6 for sale · 6 for rent in this building right now, listed below.

Other wings & phases: Crescent Bay - T2 · Crescent Bay - T3 · Crescent Bay - T4 · Crescent Bay - T5 · Crescent Bay - T6

Areas filed by the developer in MahaRERA (3)
ConfigurationCarpet
2 BHK Classic723 ft²
2 BHK Premier738 ft²
3 BHK Elegante901 ft²
These are the areas the developer filed with MahaRERA. Developers often combine or change units, so they may not match what is on sale — our team confirms what is available and the price.
💬 Ask what is available

Crescent Bay flats for sale and rent

For sale
For rent

Crescent Bay floor plans

2
Crescent Bay, Parel — floor plan 1Crescent Bay, Parel — floor plan 2

Floor plans are indicative, as shared by the developer, and subject to change.

Crescent Bay videos

Our view on Crescent Bay

Mumbai Property Exchange advisory

L&T Realty's Crescent Bay on Jerbai Wadia Road, Parel, is sold out by the developer. Homes here now change hands as resale — listed from ₹3.9 Cr — or are let from ₹1.4 lakh a month. Parel resale asks a median of about ₹48,800 per sq ft.

Who it suits

This building is sold out by the developer, so the way in is a resale flat. It suits buyers who want a completed L&T-built home in central Mumbai without waiting years for a new launch.

The price, in context

Compare any Crescent Bay asking price with Parel's resale median of about ₹48,800 per sq ft and with the under-construction launches in the table below, which ask a premium for possession years away.

What we would check before you commit

The occupation certificate for the specific tower, society transfer charges, maintenance and parking. Our team checks the paperwork for resale buyers.

Parel new launches, by quoted rate

ProjectRate / sq ftPossession
Tribeca The Edge₹64,000Apr 2031
Simana₹62,000Apr 2027
Ruparel Ariana₹55,500Dec 2022
Sobha Inizio₹53,100Jul 2034
Bhoomi Simana Tower C₹49,500Jan 2032

Quoted rates as recorded by Mumbai Property Exchange, Oct 2026; possession dates per MahaRERA where filed. Indicative — confirm with our team.

Our premium desk will personally arrange a private viewing.Request on WhatsApp

About Crescent Bay

Location

The address of Crescent Bay is Jerbai Wadia Road, Near Mahatma Phule Education Society, Parel, Mumbai 400012, in the Mumbai City district. Across 368 recent resale listings on MPE, homes in Parel have a median asking rate of ₹48,400 per sq ft, and a 2 BHK typically rents for about ₹1.5 Lakh a month.

MahaRERA record

The MahaRERA registration number is P51900008032, issued on 1 March 2018. The registered promoter is L&T Parel Project LLP (Jv With Ordpl). The filing lists 1 wing: 40, 41 floors over 2 floors. Per the registration, the architect on record is Sandeep Shikre Associates and the project escrow account is with Kotak Mahindra Bank Ltd.

Homes and prices

The price list covers 3 BHK of 1,041–1,422 sq ft; 4 BHK of 2,500 sq ft (carpet area), as on 09 Jul 2026. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them.

Construction and possession

The latest MahaRERA progress report shows foundation at 0%, structure at 95%, finishing at 92%, services at 90%. Proposed possession is Mar 2018.

Developer track record

L and T Realty has 31 projects tracked on Mumbai Property Exchange, 21 of them delivered (ready or sold out). Other projects by the same developer include Ahana, L&T Vayam, Elixir Reserve Prinia.

Buyer demand in Parel

In the last 90 days, buyers and tenants registered 27 requirements for Parel with Mumbai Property Exchange, 5 of them to buy and 5 specifically for 3 & 4 BHK homes.

Developer's description ▾

Crescent Bay is a marquee project being developed by L&T Realty in collaboration with Omkar. Emerging in the centrally located hub of Parel - South Mumbai, Crescent Bay is Mumbai's finest landmark comprising of 6 residential towers on an elevated podium with panoramic views of the city skyline & Arabian Sea. Crescent Bay.This complex comprises 6 majestic residential towers, aligned to form a moon-like crescent shape when viewed from afar.

Besides its proximity to some of the largest retail and commercial hubs in the city, Crescent Bay also offers easy access to both the central and western suburbs. That's why it's one of the most coveted properties in the city. Moreover, with business districts like Nariman Point as well as BKC a few minutes away by road, you'll find your commute to work takes no time at all.

Crescent Bay is a 44 storied Under Construction Project and the location is Jerbai Wadia Road, Near Mahatma Phule Education Society, Parel and is developed by L and T Realty. Crescent Bay was launched in Oct 2012 and the possession of the same is likely to be in Sep 2019.

Crescent Bay is RERA approved has the Registration Number bearing P51900008032.

The property prices in Parel are in the range of 22000 to 32000 for Outright for ready and under construction projects.

Crescent Bay has good reviews and the ratings of this project are approximately 5 out of 5.

Download the brochure and video of Crescent Bay and see the latest digital pictures, Floor Plans, Location Plans & Rate History on our website.The Bookings for the Under Construction project Crescent Bay are open and we can set up a Site Visit any time at your Convenience. Crescent Bay is approved by most of the Banks and for more details on the approved bank list, please connect with us.

Crescent Bay Tower 1 is SOLD OUT, Availability in Tower's 2, 3, 4, 5, 6

Kindly click on the links below for further details on Crescent Bay Tower 2, 3, 4, 5, 6

Parel market

prices, rents & rates

Parel — resale, rent & yield

Resale
₹48,400/sqft
median · 368 listings
Rent
₹168.8/sqft/mo
2 BHK ~₹150,000/mo
Gross yield
4.2%/yr
rent vs resale value

From MPE live listings, last 18 months · Mumbai price index ›

Property rates in Parel

Residential · Sale
₹60,000–105,000/sqft
Commercial · Sale
₹75,000–110,000/sqft
2 BHK · Rent
₹165,000–275,000/mo

Upcoming projects & infrastructure in Parel

take an informed decision

11 MahaRERA projects are due to hand over in Parel between 2027 and 2031; the nearest upcoming infrastructure to Crescent Bay is the Worli-Sewri Connector, 0.9 km away (under construction · due 2026).

11
MahaRERA projects handing over in the next 5 years
in Parel
₹49,700/sqft
typical asking price
steady this quarter
₹28,600/sqft
ready reckoner rate (government) · carpet
2025-26 · highest govt zone rate in the area, shown per sq ft carpet · stamp duty is charged on the higher of this and the deal value
New projects in Parel by possession year
5
2027
0
2028
3
2029
1
2030
2
2031

Supply is not evenly spread — one year carries almost half of it.

Metro & infrastructure near Crescent Bay
  • 🛣️Worli-Sewri ConnectorUnder construction · due 20260.9 km
  • 🚇Line 11 GreenApproved0.9 km
  • 🌉MTHL / Atal SetuOpened 20241.5 km
  • 🚇Line 4 GreenUnder construction · due 20271.9 km
  • 🚇Line 3 AquaOpened 20253.0 km
📜 1,756 registered transactions (IGR) on record in Parel. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Parel prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Parel, then an advisor calls about your budget and configuration.

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

Crescent Bay MahaRERA number and possession date

Possession (proposed)
Mar 2018
Possession (revised)
Mar 2018
MahaRERA No.
P51900008032
Data last updated
Oct 2026
Registered
2018-03-01
Escrow Bank
KOTAK MAHINDRA BANK LIMITED
Architect
Sandeep Shikre Associates
Total FSI
1,365

Crescent Bay towers and phases

1 wing
Crescent Bay - T1 - 40, 41 floors · 2 fl · — u

Crescent Bay address and location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Neighbourhood around Crescent Bay

Crescent Bay in Parel is 0.6 km from Naigaon metro station, 0.8 km from Sewri railway station, 0.5 km from Baradevi Municipal School and 0.4 km from Municipal TB Hospital.

  • Ⓜ Metro stationNaigaon0.6 km
  • Ⓜ Metro stationAmbedkar Nagar0.6 km
  • 🚉 Railway stationSewri0.8 km
  • 🏫 SchoolBaradevi Municipal School0.5 km
  • 🏫 SchoolNavbharat School0.6 km
  • 🏥 HospitalMunicipal TB Hospital0.4 km
  • 🏥 HospitalTata Memorial Hospital0.7 km
  • 🎓 CollegeDr.Ambedkar College1.2 km
  • 🛍 MallNakshatra Mall1.9 km
  • 🌳 ParkJoggers Park0.2 km

Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →

Construction progress

per MahaRERA
Foundation0%
Structure95%
Finishing92%
Services90%
See all 11 stages ▾
Internal walls, Intemal Plaster, Floorings, Floors and windows within…95%
Slabs of Super Structure95%
External plumbing and external plaster, elevation, completion of terr…90%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…90%
Sanitary Fittings within the flats / premises90%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …90%
Basement (if any)0%
Excavation0%
Plinth0%
Podiums (if any)0%
Stilt Floor0%

Amenities declared to MahaRERA

12
Electrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water Drains
+4 more ▾
Street LightingTreatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvesting

Members' lens

The developer's full amenity list, views and home features

From the builder's brochure and the homes we have listed here. The list above is what was declared to MahaRERA.

28 brochure amenities1 kind of view3 home features
Sign in free to see them

Members only · one-time WhatsApp code · no spam

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

Resale Flats for Sale in Parel

4

Flats for Rent in Parel

4

Commercial for Sale in Parel

1

Commercial for Lease in Parel

3

Commercial Projects in Parel

More by L and T Realty

More by L and T Realty →

MahaRERA projects nearby in Parel

Frequently Asked Questions

Can I still buy at Crescent Bay?

Yes, as resale. The developer has sold out; resale homes are listed from about ₹3.9 Cr and rentals from about ₹1.4 lakh a month. Our team can share what is available now.

How do Crescent Bay prices compare with Parel?

Parel resale asks a median of about ₹48,800 per sq ft. Compare a specific flat's price per sq ft of carpet against that figure.

Where is Crescent Bay located?

Crescent Bay is on Jerbai Wadia Road, Near Mahatma Phule Education Society, Parel, Mumbai 400012.

What is the price of Crescent Bay?

Crescent Bay is sold out by the developer — resale flats here are listed from ₹4.25 Cr and rentals from ₹1.5 Lakh a month. These are current asking prices from live listings on MPE.

What configurations and carpet areas does Crescent Bay offer?

3 BHK – 1,041 sq ft carpet; 3 BHK – 1,163 sq ft carpet; 3 BHK – 1,422 sq ft carpet; 4 BHK – 2,500 sq ft carpet.

When is possession of Crescent Bay?

As per MahaRERA, proposed possession is Mar 2018.

Is Crescent Bay RERA-registered?

Yes — MahaRERA registration P51900008032, registered 2018-03-01.

How many units does Crescent Bay have?

MahaRERA records 12 units across 1 building, up to 2 floors.

Who is the developer of Crescent Bay?

L and T Realty — 31 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Parel?

11 MahaRERA-registered projects in Parel are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Crescent Bay?

Worli-Sewri Connector — under construction · due 2026, 0.9 km away; Line 11 Green — approved, 0.9 km away; MTHL / Atal Setu — opened 2024, 1.5 km away; Line 4 Green — under construction · due 2027, 1.9 km away. Timelines are as announced and can change.

How do I book or get more details?

Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.

How far is Crescent Bay from the nearest metro and railway station?

Crescent Bay is about 0.6 km from Naigaon metro station and 0.8 km from Sewri railway station (straight-line distance; road distance is longer).

Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-10-06). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
CallWhatsApp📅Book site visit📞Call back

Latest Mumbai Property News

View all news →