2 BHK · For sale
₹4 crore
950 sq ft carpet
Semi-Furnished
Last verification recorded: 29 Aug 2026
📍 Jerbai Wadia Road, Near Mahatma Phule Education Society, Parel · by L and T Realty
Crescent Bay Tower 3 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 2 BHK of 900 sq ft carpet. Project facts and property enquiries for Crescent Bay Tower 3, 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 Tower 3.
Estimated monthly asking rent: 2 BHK (900 sq ft carpet): ₹1.49 L.
| Configuration | Carpet | Parel rent today | Estimated rent |
|---|---|---|---|
| 2 BHK | 900 sq ft | ₹165/sq ft/mo (83 observations) | ≈ ₹1.49 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.
96 recent 2 BHK residential asking-price observations in Parel: median ₹3.8 Cr, or ₹46,745 per sq ft of carpet. The middle half asks ₹43,236–₹52,118 per sq ft. These are listing observations, not unique homes or registered transactions.
Real Estate Mumbai's Parel price index reads 96.7 for Oct 2026 (base 100), a median asking ₹49,820 per sq ft across 337 listings, up 0.5% on the month. By configuration: 2 BHK ₹47,140, 3 BHK ₹45,283, 4 BHK+ ₹57,036 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Oct 2026 | ₹49,820 | 96.7 | +0.5% | 337 |
| 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 Tower 3 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 - T3 | P51900005188 | Crescent Bay - T3 · 59 fl | — | Mar 2023 | Sep 2021 |
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. 2 BHK and larger first.
Crescent Bay by L&T Realty is a premium residential development in South Mumbai, offering ultra-luxurious 2, 3 & 4 BHK flats in Parel. Designed as an exclusive gated community, the project consists of six architecturally striking towers arranged in a crescent formation, ensuring uninterrupted panoramic east and west-facing views. These high-rise residences are equipped with world-class amenities, including swimming pools, a fitness center, landscaped gardens, and an exclusive Skydeck featuring a jogging track 300 feet above sea level. With seamless connectivity to major highways and the upcoming Sewri-Nhava Sheva Trans Harbour Link, Crescent Bay offers unmatched convenience, making city commutes effortless. Redefining luxury living in Lower Parel, Crescent Bay blends plush interiors, sophisticated architecture, and breathtaking views with state-of-the-art lifestyle amenities. Every residence is crafted to offer a refined and comfortable living experience, ensuring that residents enjoy the perfect balance of elegance, exclusivity, and convenience. With its stunning design, premium residences, and strategic location, Crescent Bay by L&T Realty is a testament to modern luxury and high-end living in Mumbai.
Browse 1 eligible listing records · checked 2026-10-11. Records may represent multiple offers for the same home; availability is subject to reconfirmation.
₹4 crore
950 sq ft carpet
Semi-Furnished
Last verification recorded: 29 Aug 2026
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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 14 Apr 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