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SOLD OUTResale and rental stock live in this buildingMahaRERA P51900008032

Parel · Mumbai

Crescent Bay

Jerbai Wadia Road, Near Mahatma Phule Education Society, Parel · by L and T Realty

Updated Oct 2026

12
Units
2018
Possession
1
Buildings
Certificate Signed
Status
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 →

At a glance

swipe →
Area price trend
₹50,900/sq.ft
+5.8% since Q2 25 · asking rate for homes in Parel
Who's looking
22 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 ₹3.9 Cr and rentals from ₹1.5 Lac 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

Unit configurations filed with MahaRERA (3)
ConfigurationCarpetIndicative Price
2 BHK Classic723 ft²On request
2 BHK Premier738 ft²On request
3 BHK Elegante901 ft²On request
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

Property listings in Crescent Bay

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

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 343 recent resale listings on MPE, homes in Parel have a median asking rate of ₹47,700 per sq ft, and a 2 BHK typically rents for about ₹1.45 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 5796 projects tracked on Mumbai Property Exchange, 4770 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 22 requirements for Parel with Mumbai Property Exchange, 5 of them to buy and 3 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
₹47,700/sqft
median · 343 listings
Rent
₹166.7/sqft/mo
2 BHK ~₹145,000/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

10 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).

10
MahaRERA projects handing over in the next 5 years
in Parel
₹49,100/sqft▼
typical asking price
easing this quarter
New projects in Parel by possession year
5
2027
0
2028
2
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.

RERA record & possession

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

Buildings · 1 wing

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

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger 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

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

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

2

Commercial Projects in Parel

More by L and T Realty

MahaRERA projects nearby in Parel

Frequently Asked Questions

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 ₹3.9 Cr and rentals from ₹1.5 Lac 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 3 buildings, up to 2 floors.

Who is the developer of Crescent Bay?

L and T Realty — 5796 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Parel?

10 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.

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
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