3 BHK · For sale
₹6 crore
1,400 sq ft carpet (approximate)
Semi-Furnished
Last verification recorded: 6 Oct 2026
📍 Jerbai Wadia Road, Near Mahatma Phule Education Society, Parel · by L and T Realty
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
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.
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.
| Configuration | Carpet | Parel rent today | Estimated rent |
|---|---|---|---|
| 3 BHK | 1,041 sq ft | ₹163/sq ft/mo (69 observations) | ≈ ₹1.7 L/mo |
| 3 BHK | 1,163 sq ft | ₹163/sq ft/mo (69 observations) | ≈ ₹1.9 L/mo |
| 3 BHK | 1,422 sq ft | ₹163/sq ft/mo (69 observations) | ≈ ₹2.32 L/mo |
| 4 BHK | 2,500 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.
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.
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.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Oct 2026 | ₹48,766 | 94.7 | -1.6% | 343 |
| Sep 2026 | ₹49,584 | 96.3 | -1.5% | 408 |
| Aug 2026 | ₹50,323 | 97.7 | -2.3% | 322 |
| Jul 2026 | ₹51,513 | 100.0 | — | 382 |
Real Estate Mumbai price index, computed monthly from live asking prices in Parel (base 100). Asking, not registered, prices.
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.
| Phase | MahaRERA no. | Towers · floors | Units | Possession declared | Registered |
|---|---|---|---|---|---|
| Crescent Bay - T1 - 40, 41 Floors | P51900008032 | Crescent Bay - T1 - 40, 41 floors · 2 fl | — | Mar 2018 | Mar 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.
Listed resale and rental options. Reconfirm availability before arranging a viewing. 3 BHK and larger first.
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
Browse 143 eligible listing records · checked 2026-10-22. Records may represent multiple offers for the same home; availability is subject to reconfirmation.
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.
| Configuration | Type | Asking range | Records | Verification dates |
|---|---|---|---|---|
| 2 | Monthly asking rent | ₹1.3 lakh–₹3.75 lakh | 36 | 23 Sep 2026–22 Oct 2026 |
| 3 | Monthly asking rent | ₹1.8 lakh–₹4.5 lakh | 16 | 25 Sep 2026–22 Oct 2026 |
| 4 | Monthly asking rent | ₹4.25 lakh–₹5 lakh | 5 | 8 Oct 2026–19 Oct 2026 |
| 2 | Asking sale price | ₹3.54 crore–₹5.25 crore | 34 | 24 Aug 2026–22 Oct 2026 |
| 2 BHK | Asking sale price | ₹3.75 crore–₹4.5 crore | 6 | 8 Sep 2026–22 Oct 2026 |
| 2.5 | Asking sale price | ₹5.25 crore–₹7.5 crore | 5 | 24 Aug 2026–19 Oct 2026 |
| 3 | Asking sale price | ₹5.25 crore–₹11.9 crore | 21 | 26 Aug 2026–21 Oct 2026 |
| 4 | Asking sale price | ₹14 crore–₹15.5 crore | 5 | 30 Sep 2026–16 Oct 2026 |
₹6 crore
1,400 sq ft carpet (approximate)
Semi-Furnished
Last verification recorded: 6 Oct 2026
₹6 crore
1,100 sq ft carpet
Semi-Furnished
Last verification recorded: 6 Oct 2026
₹14 crore
2,860 sq ft carpet
Last verification recorded: 6 Oct 2026
₹3.8 crore
870 sq ft carpet
Last verification recorded: 5 Oct 2026
₹1.5 lakh/month
875 sq ft carpet
Semi-Furnished
Last verification recorded: 5 Oct 2026
₹1.7 lakh/month
800 sq ft carpet (approximate)
Fully Furnished
Last verification recorded: 4 Oct 2026
₹1.4 lakh/month
800 sq ft carpet
Semi-Furnished
Last verification recorded: 4 Oct 2026
₹2 lakh/month
1,200 sq ft carpet
Semi-Furnished
Last verification recorded: 3 Oct 2026
₹1.6 lakh/month
870 sq ft carpet
Fully Furnished
Last verification recorded: 3 Oct 2026
₹1.55 lakh/month
900 sq ft carpet
Semi-Furnished
Last verification recorded: 2 Oct 2026
₹1.45 lakh/month
850 sq ft carpet
Semi-Furnished
Last verification recorded: 2 Oct 2026
₹3.8 crore
830 sq ft carpet
Last verification recorded: 2 Oct 2026
Want the other side of the argument? Ask for our second opinion on WhatsApp — Crescent Bay against the ready homes above, for your budget.
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.
Jerbai Wadia Road, Near Mahatma Phule Education Society, Parel · L and T Realty