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Rustomjee Launches Gated Estate in BKC Annexe with Rs 400 Cr GDV

Rustomjee Launches Gated Estate in BKC Annexe with Rs 400 Cr GDV

BY Realty+
Published - Thursday, 10 Apr, 2025
Rustomjee Launches Gated Estate in BKC Annexe with Rs 400 Cr GDV

Rustomjee Group has announced the launch of an iconic gated estate in BKC Annexe. This exclusive residential project named Privé is designed to offer spacious homes, lifestyle amenities, and seamless connectivity to Mumbai’s key business and lifestyle hubs.

With a Gross Development Value (GDV) of ~Rs 400 crore, the project will feature 3 BHK residences. The development will introduce 3 wings, offering 69 premium residences that combine exclusivity with contemporary urban living.

Boman Irani, Chairman and Managing Director of Rustomjee Group, said, “BKC Annexe has evolved into one of the most sought-after residential destinations, offering unparalleled connectivity and a vibrant lifestyle. With this project, we aim to redefine urban living by creating a community that seamlessly blends modern comforts with thoughtful design. With six iconic landmarks in the neighbourhood, this launch reaffirms our commitment to crafting homes that meet the evolving aspirations of homebuyers.”

Privé – an iconic gated estate in BKC Annexe redefines modern living by offering spacious homes with seamless connectivity and an exclusive lifestyle. It ensures privacy and a low-density living experience with just two residences per floor. Thoughtfully designed 3 BHK homes come with private sundecks offering breathtaking panoramic views of the city’s skyline, abundant natural light, and superior ventilation, creating a serene yet sophisticated living environment. The project is complemented by 15+ curated amenities, including a sky bar, swimming pool, fitness centre, indoor games, children’s play area, and a banquet hall, ensuring a lifestyle that blends exclusivity with convenience.

Rustomjee’s new BKC Annexe project presents a compelling opportunity for homebuyers and investors. Designed for urban professionals, senior corporate executives, and business owners seeking a well-connected lifestyle, the residences start at Rs 5.4 Crores. With property values in BKC Annexe witnessing steady growth, the project is poised for strong appreciation, driven by infrastructure advancements such as the metro network, expressways, and commercial expansion, including the New Bombay High Court campus. The rising rental costs of commercial spaces in BKC, where average rents have reached Rs 297 per sqft per month with projections to rise further to Rs 350-370 per sqft by 2028, as per RE Journal, have led to a cascading effect on residential rentals and property prices in the surrounding areas, further enhancing the investment potential of BKC Annexe. Strategically located, the project provides effortless connectivity to Bandra, Andheri, the Eastern Express Highway, Metro, and the upcoming Coastal Road, making daily commutes convenient.

Rustomjee continues to strengthen its dominance in Bandra East with its 7th project in the location, reaffirming its commitment to delivering premium living spaces in Mumbai’s most sought-after business district. Designed efficiently, the residences feature expansive living rooms and clean, well-planned layouts that maximise space and functionality. The development reflects Rustomjee’s commitment to premium design, durability, and quality, ensuring a refined and future-ready living experience.

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