Updated Oct 2026
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Drive to Crescent Bay Tower 3 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.
Crescent Bay Tower 3 price check and key numbers
swipe →- Worli-Sewri Connector0.9 km
- Line 11 Green0.9 km
- MTHL / Atal Setu1.5 km
A first look at Crescent Bay Tower 3
Crescent Bay Tower 3 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 P51900005188 (registered 2021-09-09). Crescent Bay Tower 3 is sold out by the developer — resale flats here are listed from ₹4.25 Cr and rentals from ₹1.6 Lakh a month. The project has 268 units across 1 building of up to 59 floors. It offers 2 BHK homes with carpet areas of 900 sq ft. MahaRERA proposed possession: Mar 2024, revised to Mar 2023.
2 for sale · 1 for rent in this building right now, listed below.
Other wings & phases: Crescent Bay - T1 - 40, 41 Floors · Crescent Bay - T2 · Crescent Bay - T4 · Crescent Bay - T5 · Crescent Bay - T6
Areas filed by the developer in MahaRERA (3)
Crescent Bay Tower 3 flats for sale and rent
Crescent Bay Tower 3 floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
Crescent Bay Tower 3 videos
About Crescent Bay Tower 3
Location
Crescent Bay Tower 3 is located on 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
Crescent Bay Tower 3 is registered with MahaRERA under P51900005188, dated 9 September 2021. The registered promoter is L&T Parel Project LLP (Jv With Ordpl). The filing lists 1 wing: T3 over 59 floors. According to MahaRERA, the architect on record is Anand V. Dhokay and the project escrow account is with Kotak Mahindra Bank Ltd.
Homes and prices
Configurations recorded are 2 BHK of 900 sq ft at ₹4.1 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹45,600 per sq ft of carpet, 6% below the locality's resale median. 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 100%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Mar 2024, revised to Mar 2023.
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 2 specifically for 2 BHK homes.
Developer's description ▾
Parel market
prices, rents & ratesPrice vs locality
Parel — resale, rent & yield
This project is quoted around ₹45,555/sqft — 6% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Parel
Upcoming projects & infrastructure in Parel
take an informed decision11 MahaRERA projects are due to hand over in Parel between 2027 and 2031; the nearest upcoming infrastructure to Crescent Bay Tower 3 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
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 Tower 3 MahaRERA number and possession date
Crescent Bay Tower 3 towers and phases
1 wingCrescent Bay Tower 3 address and location
Neighbourhood around Crescent Bay Tower 3
Crescent Bay Tower 3 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 Hospital0.6 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 MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.
In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.
Example: 2 BHK · 900 sq ft at ₹4.10 Cr (the price recorded above).
- ✓ Plinth complete45% paid by then
- ✓ Slabs complete70% paid by then
- ✓ Walls, plaster & flooring75% paid by then
- ✓ Sanitary fittings80% paid by then
- ✓ Staircases, lift wells & lobbies85% paid by then
- ✓ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹3.08 Cr here), released stage by stage, so your own money is about ₹1.02 Cr plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹2.67 L/month (8.5%, 20 years).
Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.
💬 Talk through the numbers with an MPE advisorAmenities declared to MahaRERA
14+6 more ▾
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.
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Talk to our MahaRERA advisor
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💬 Ask about resale or rental optionsResale 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
MahaRERA projects nearby in Parel
Frequently Asked Questions
Where is Crescent Bay Tower 3 located?
Crescent Bay Tower 3 is on Jerbai Wadia Road, Near Mahatma Phule Education Society, Parel, Mumbai 400012.
What is the price of Crescent Bay Tower 3?
Crescent Bay Tower 3 is sold out by the developer — resale flats here are listed from ₹4.25 Cr and rentals from ₹1.6 Lakh a month. These are current asking prices from live listings on MPE.
What configurations and carpet areas does Crescent Bay Tower 3 offer?
2 BHK – 900 sq ft carpet.
When is possession of Crescent Bay Tower 3?
As per MahaRERA, proposed possession is Mar 2024, revised to Mar 2023.
Is Crescent Bay Tower 3 RERA-registered?
Yes — MahaRERA registration P51900005188, registered 2021-09-09.
How many units does Crescent Bay Tower 3 have?
MahaRERA records 268 units across 1 building, up to 59 floors.
Who is the developer of Crescent Bay Tower 3?
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 Tower 3?
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 Tower 3 from the nearest metro and railway station?
Crescent Bay Tower 3 is about 0.6 km from Naigaon metro station and 0.8 km from Sewri railway station (straight-line distance; road distance is longer).
