Rustomjee Group Unveils an Iconic Gated Housing Project in BKC Annexe - Prive

The opening of a famous gated estate in BKC Annexe has been announced by Rustomjee Group. Spacious residences, lifestyle facilities, and easy access to Mumbai's main business and leisure destinations are all features of this upscale residential development called Privé.

The project would include three-bedroom apartments with a Gross Development Value (GDV) of about Rs. 400 crore. Three wings will be added to the complex, providing 69 upscale apartments that blend exclusivity with modern city living.

With its large houses, seamless connectivity, and premium lifestyle, Privé, an iconic gated estate in BKC Annexe, redefines modern living. With only two apartments per floor, it guarantees seclusion and a low-density living environment. A tranquil yet elegant living space is created by well-designed three-bedroom homes with private sundecks that provide stunning panoramic views of the city skyline, lots of natural light, and excellent ventilation. A sky bar, swimming pool, fitness center, indoor games, children's play area, and function hall are just a few of the more than fifteen carefully chosen amenities that are included with the project to provide a lifestyle that combines convenience and exclusivity.

For investors and homebuyers, Rustomjee's new BKC Annexe project offers an alluring option. The homes, which start at Rs. 5.4 Crores, are intended for urban professionals, top corporate executives, and business owners looking for a connected lifestyle. Property values at BKC Annexe have been steadily increasing, and the project is expected to see significant gain due to improvements in the metro system, freeways, and commercial growth, including the New Bombay High Court complex.

BKC Annexe's investment potential has been further enhanced by the rising rental costs of commercial spaces, where average monthly rents have reached Rs. 297 per square foot, with projections to rise further to Rs. 350-370 per square foot by 2028, according to RE Journal. This has had a cascading effect on residential rentals and property prices in the surrounding areas. Daily commutes are made straightforward by the project's ideal location, which offers easy access to Bandra, Andheri, the Eastern Express Highway, Metro, and the soon-to-be Coastal Road.

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.”