Crescent Tower
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11 insights shared by the community.
What residents appreciate the most
The project is associated with well-known and established developers such as L&T and Shapoorji Pallonji. This affiliation suggests a commitment to quality construction, timely delivery, and overall reliability in the real estate sector.
It's a project by L&T
Crescent Tower, built by the Shapoorji Pallonji group
L&T Crescent Bay?
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Situated in a desirable area of South Mumbai, specifically Parel, Tardeo, and Sewri, the project offers excellent connectivity and proximity to key city hubs. This central location is a significant advantage for residents.
To be precise it’s Sewri.
Parel, a central Mumbai locality, has undergone a remarkable transformation from a mill district into a commercial and residential hub.
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The project offers lavish, high-end apartments designed for the High-Income Group, providing a luxurious lifestyle with modern amenities. These flats are considered premium offerings in the Mumbai real estate market.
A luxury flat that offers the views of the famous Mahalaxmi Race Course on one side and the Arabian Sea on the other side
I live in crescent bay and rent is 1.2L for a 3bhk
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Apartments in the project offer impressive panoramic views, including the iconic Mahalaxmi Race Course, the expansive Arabian Sea, and the vibrant, illuminated city skyline at night, contributing to a desirable living experience.
View from the place i can proudly call home 🌃
A luxury flat that offers the views of the famous Mahalaxmi Race Course on one side and the Arabian Sea on the other side
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Where residents want improvements
The apartments are priced extremely high, often exceeding ₹7 crore, making them largely unaffordable even for high-income individuals and leading to significant financial strain. Rental costs are also reported to be very high, with 3BHKs fetching around ₹1.2 lakh per month.
struggling to find a buyer despite being subsidised
Mumbai's most expensive flat, priced at ₹7.57 crore
I live in crescent bay and rent is 1.2L for a 3bhk
2 bhk rent 1.25L hai
apartments worth over ₹7 crore
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The project overlooks densely packed Slum Rehabilitation Authority (SRA) buildings, which are criticized for their extremely close proximity, lack of adequate ventilation, and overall poor living conditions. This stark contrast and the obstructed views detract significantly from the perceived luxury aesthetic and living experience of the high-rise apartments.
Yup, those are most likely SRA buildings, homes given to the slum residents... no ventilation at all
The smaller buildings below are aligned so close to each other , literally like windows kissing windows, I bet the neighbors can see each other's soul. It's that close and congested.
I used to live in one such building... I could literally stand between those buildings with my hands stretched and touch both of them.
It's the tenant building that the developer had to build in lieu of getting the land. What else do we expect? It's literally done as an obligation only
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Despite being luxury offerings, many units have remained unsold through multiple lottery attempts by the housing authority. They are now being offered on a first-come, first-served basis, sometimes with significant price reductions of up to 25%, indicating a persistent struggle to attract buyers.
struggling to find takers
MHADA slashes prices... by up to 25%
The Maharashtra Housing and Area Development Authority (MHADA) is preparing to sell its most expensive apartments, worth over ₹7 crore,...
remained unsold in the last two lotteries
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The towers have been associated with unfortunate incidents, including a reported milk scam affecting numerous residents and multiple tragic suicide incidents from high floors. These events raise concerns about community management, resident well-being, and overall safety within the complex.
Wait until a fire breaks out in crescent Bay and you won't be jealous then.
Residents of around 200 flats in Crescent Bay Towers say milkman disappeared with money paid in advance
73-year-old woman ends life by jumping from 26th floor
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Despite the advantage of high-rise living, the panoramic views from the apartments are frequently marred by urban smog and pollution. This is a common issue in Mumbai, detracting from the perceived beauty of the city skyline and potentially impacting air quality for residents.
Yess concrete jungle and smog on most days, that the view. 🙈
You living in gas chamber my boy!
All i can see nowdays is a dense layer of smog. It looks almost dystopian.
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The project has faced legal hurdles, including a writ petition filed by residents regarding open public space in the vicinity. There are also mentions of the development overlooking a cemetery, and the complex nature of SRA projects can lead to ongoing challenges for developers.
Residents of six housing societies in Parel-Bhoiwada have banded together to file a writ petition in the Bombay High Court alleging that a...
Many legal hurdles and it's overlooking a cemetery.
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Potential tenants have reported facing rejections when attempting to rent apartments due to specific landlord preferences, such as dietary restrictions (e.g., not renting to non-vegetarians). This limits rental opportunities and can be a frustrating barrier for prospective residents.
I really wanted to get a place at Crescent Bay but... since we're not vegetarian we got rejected by quite a few landlords.
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