Parel · Mumbai
Crescent Bay
Jerbai Wadia Road, Near Mahatma Phule Education Society, Parel · by L and T Realty
Registered project name
Crescent Bay - T1 - 40, 41 FloorsUpdated Sep 2026
ParelPhotos from the project record · tap to enlarge
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). 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.
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
Availability & Pricing
Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.
💬 Request latest price on WhatsAppAvailable now in Crescent Bay
6 for sale · 6 for rent · our live listings, dated and reconfirmed on WhatsApp
Crescent Bay floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
Crescent Bay videos
About Crescent Bay
Location
The address of Crescent Bay is Jerbai Wadia Road, Near Mahatma Phule Education Society, Parel, Mumbai 400012, in the Pune district. Across 43 recent resale listings on MPE, homes in Parel have a median asking rate of ₹40,000 per sq ft, and a 2 BHK typically rents for about ₹1.35 Lac 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. Prices are indicative and should be reconfirmed with the developer before booking.
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 5773 projects tracked on Mumbai Property Exchange, 4766 of them delivered (ready or sold out). Other projects by the same developer include West Square, Crestoria Estate.
Buyer demand in Parel
In the last 90 days, buyers and tenants registered 12 requirements for Parel with Mumbai Property Exchange, 3 of them to buy and 1 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
Upcoming projects & infrastructure in Parel
take an informed decision3 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).
Supply is not evenly spread — one year carries almost half of it.
- 🛣️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
🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices
Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.
Parel — resale, rent & yield
From MPE live listings, last 18 months · Mumbai price index ›
Unit Configurations (per MahaRERA)
RERA record & possession
Buildings · 1 wing
Location
Construction progress
per MahaRERASee all 11 stages ▾
Amenities
12+4 more ▾
Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Ask about resale or rental optionsParel market context
Property Rates in Parel
Resale Flats for Sale in Parel
4
Flats for Rent in Parel
4
Commercial for Sale in Parel
2
Commercial for Lease in Parel
3
Commercial Projects in Parel
More by L and T Realty
MahaRERA projects nearby in Parel
Next steps — clarity before you step out
Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.
Frequently Asked Questions
Where is Crescent Bay located?
Crescent Bay is on Jerbai Wadia Road, Near Mahatma Phule Education Society, Parel, Mumbai 400012.
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 — 5773 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Parel?
3 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.
