Sold Out
Crescent Bay, Jerbai Wadia Road, Near Mahatma Phule Education Society, Parel — Sold Out photo
Sold Out MahaRERA registered 3 & 4 BHK

Crescent BaySold Out in Parel

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

3 & 4 BHKConfigurations
1041 / 1163 / 1422 / 2500 sq ftCarpet area
Mar 2018Possession (MahaRERA)
44Floors
06 Mar 2026Last updated

Crescent Bay is a sold out residential project by L and T Realty at Jerbai Wadia Road, Near Mahatma Phule Education Society, Parel. The configurations on record are 3 & 4 BHK of 1,041, 1,163, 1,422 and 2,500 sq ft carpet. Project facts and property enquiries for Crescent Bay, Parel. Recorded developer status is separate from resale and rental availability; reconfirm each listing.

Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995

About these comparisons

Comparisons use listing verification recorded within 90 days, exclude approximate carpet areas and collapse matching building/configuration/price/area records. Each reported configuration needs at least five observations. This does not certify availability; reconfirm the unit and measurement. Gross yield is omitted because the project price basis and date have not been independently matched.

Rental angle

What a flat in Crescent Bay would rent for

Indicative monthly asking rents use at least five recent, comparable residential listing observations of the same BHK configuration in Parel. These are locality comparisons, not confirmed rents achieved in Crescent Bay.

Estimated monthly asking rent: 3 BHK (1,041 sq ft carpet): ₹1.7 L, 3 BHK (1,163 sq ft carpet): ₹1.9 L and 3 BHK (1,422 sq ft carpet): ₹2.32 L.

ConfigurationCarpetParel rent todayEstimated rent
3 BHK1,041 sq ft₹163/sq ft/mo (69 observations)≈ ₹1.7 L/mo
3 BHK1,163 sq ft₹163/sq ft/mo (69 observations)≈ ₹1.9 L/mo
3 BHK1,422 sq ft₹163/sq ft/mo (69 observations)≈ ₹2.32 L/mo
4 BHK2,500 sq ft₹250/sq ft/mo (11 observations)≈ ₹6.25 L/mo

Estimate = carpet area × the live median rent per sq ft for that configuration in Parel on Real Estate Mumbai. Indicative locality comparison; reconfirm property-specific terms.

Resale angle

The resale market Crescent Bay competes with

93 recent 3 BHK residential asking-price observations in Parel: median ₹5.5 Cr, or ₹45,074 per sq ft of carpet. The middle half asks ₹40,000–₹50,000 per sq ft. These are listing observations, not unique homes or registered transactions.

₹47,0592 BHK resale median /sq ft · 88 live
₹45,0743 BHK resale median /sq ft · 93 live
₹57,0364 BHK resale median /sq ft · 18 live
₹167rent /sq ft/mo · 170 live rentals
Price index

Where Parel prices are moving

Real Estate Mumbai's Parel price index reads 94.7 for Oct 2026 (base 100), a median asking ₹48,766 per sq ft across 343 listings, down 1.6% on the month. By configuration: 1 BHK ₹39,613, 2 BHK ₹47,140, 3 BHK ₹45,283, 4 BHK+ ₹63,027 per sq ft.

MonthMedian asking ₹/sq ftIndexm/mListings
Oct 2026₹48,76694.7-1.6%343
Sep 2026₹49,58496.3-1.5%408
Aug 2026₹50,32397.7-2.3%322
Jul 2026₹51,513100.0—382

Real Estate Mumbai price index, computed monthly from live asking prices in Parel (base 100). Asking, not registered, prices.

Registry

Crescent Bay on MahaRERA — what to check before you book

Crescent Bay is registered. The registry is the only document that binds the developer on possession dates, carpet areas and what is built; read it before any token.

PhaseMahaRERA no.Towers · floorsUnitsPossession declaredRegistered
Crescent Bay - T1 - 40, 41 FloorsP51900008032Crescent Bay - T1 - 40, 41 floors · 2 fl—Mar 2018Mar 2018

Registry link opens the MahaRERA record. Possession dates on the registry can be revised by the developer under the Act; we refresh this table as the record changes.

Our stock

Property listings in Parel

Listed resale and rental options. Reconfirm availability before arranging a viewing. 3 BHK and larger first.

For sale
On rent
About

About Crescent Bay

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 Crescent Bay Tower 2 Crescent Bay Tower 3 Crescent Bay Tower 4 Crescent Bay Tower 5 Crescent Bay Tower 6

Lifestyle

Amenities

💧 Electrical meter room, sub-station, receiving station✅ Energy managemcnt🔥 Fire protection and fire safety requirements💧 Internal Roads & Footpaths🌿 Landscaping & Tree Planting✅ Sewerage (Chamber, Lines, Septic Tank , STP)✅ Solid Waste Management And Disposal✅ Storm Water Drains✅ Street Lighting✅ Treatment And Disposal Of Sewage And Sullage Water✅ Water Supply💧 Water conservation /Rain water harvesting
Walkthrough

Project video

Buy or rent in L&T Crescent Bay

Browse 143 eligible listing records · checked 2026-10-22. Records may represent multiple offers for the same home; availability is subject to reconfirmation.

Asking-price guide by configuration

Ranges below use listing asking prices, not completed transactions. A range needs at least five priced records of the same configuration and transaction type; floor, area and furnishing can differ.

ConfigurationTypeAsking rangeRecordsVerification dates
2Monthly asking rent₹1.3 lakh–₹3.75 lakh3623 Sep 2026–21 Oct 2026
3Monthly asking rent₹1.8 lakh–₹4.5 lakh1625 Sep 2026–19 Oct 2026
4Monthly asking rent₹4.25 lakh–₹5 lakh58 Oct 2026–19 Oct 2026
2Asking sale price₹3.54 crore–₹5.25 crore3424 Aug 2026–21 Oct 2026
2 BHKAsking sale price₹3.75 crore–₹4.5 crore68 Sep 2026–22 Oct 2026
2.5Asking sale price₹5.25 crore–₹7.5 crore524 Aug 2026–19 Oct 2026
3Asking sale price₹5.25 crore–₹11.9 crore2126 Aug 2026–21 Oct 2026
4Asking sale price₹14 crore–₹15.5 crore530 Sep 2026–16 Oct 2026
Take it further

Next steps — clarity before you step out

Want the other side of the argument? Ask for our second opinion on WhatsApp — Crescent Bay against the ready homes above, for your budget.

FAQ

Crescent Bay — the questions investors ask

What rent can a flat in Crescent Bay earn?
Indicative monthly asking rents use at least five recent, comparable residential listing observations of the same BHK configuration in Parel. These are locality comparisons, not confirmed rents achieved in Crescent Bay. Estimated monthly asking rent: 3 BHK (1,041 sq ft carpet): ₹1.7 L, 3 BHK (1,163 sq ft carpet): ₹1.9 L and 3 BHK (1,422 sq ft carpet): ₹2.32 L.
What are comparable resale asking prices in Parel?
93 recent 3 BHK residential asking-price observations in Parel: median ₹5.5 Cr, or ₹45,074 per sq ft of carpet. The middle half asks ₹40,000–₹50,000 per sq ft. These are listing observations, not unique homes or registered transactions.
Are prices in Parel rising?
Real Estate Mumbai's Parel price index reads 94.7 for Oct 2026 (base 100), a median asking ₹48,766 per sq ft across 343 listings, down 1.6% on the month. By configuration: 1 BHK ₹39,613, 2 BHK ₹47,140, 3 BHK ₹45,283, 4 BHK+ ₹63,027 per sq ft.
Is Crescent Bay MahaRERA registered?
Yes — P51900008032, possession declared Mar 2018.
What can I buy in Parel today instead?
4 resale listing examples in Parel are listed on this page — 3 BHK in Lodha Venezia at ₹7 Cr, 3 BHK in Lodha Venezia at ₹5.5 Cr and 3 BHK in Lodha Venezia at ₹6.5 Cr. Real Estate Mumbai shows you both routes before you commit.
How do I get the price list or a site visit for Crescent Bay?
WhatsApp Real Estate Mumbai on +91 98200 75868 or leave your number on this page. We share the price list, brochure and a site-visit or video-walkthrough slot on WhatsApp — no forms, no developer calls unless you ask.
Who is the builder of Crescent Bay?
Crescent Bay is developed by L and T Realty.
What is the possession status of Crescent Bay?
Crescent Bay is currently Sold Out. Possession: 2019-09-01 00:00:00.

Rents, resale prices and the price index on this page are computed from live listings on Real Estate Mumbai and refresh automatically; project facts are as declared to MahaRERA or recorded by our team (updated 06 Mar 2026). Indicative, not an offer; verify with the developer and on MahaRERA before deciding. Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995.

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