Chembur, an Eastern suburb of Mumbai, stands out for its greenery, infrastructure, and lifestyle amenities. The Rustomjee’s newly launched residential development in Chembur is ideal for professionals and new families as it blends luxury, comfort, and modern living.
This project embodies contemporary living with its excellent construction quality, lavish amenities, and location near business centres, educational institutions, and recreational areas.
Check out this blog post to know why Chembur is becoming the primary luxury destination of Mumbai, its lifestyle advantages, its investment prospects, and what makes this residential project so unique.
Why Chembur is Mumbai’s New Luxury Destination
With the social infrastructure and amenities provided along with the newly built residential properties, Chembur is now poised to become one of the best luxury real estate regions in Mumbai.
1. Exceptional Connectivity to Business Districts
The locational advantage that Chembur provides guarantees easy access to the main commercial regions within Mumbai. Families, as well as working professionals, will deeply benefit from this feature.
- Eastern Express & Sion-Panvel Highway: Providing quick access to South Mumbai, Navi Mumbai, and Thane.
- Santacruz-Chembur Link Road (SCLR): Offering a direct route to the Western suburbs and Bandra-Kurla Complex (BKC).
- Monorail & Metro Connectivity: Enhancing ease of commute with reduced travel time.
2. Premium Educational Institutions and Healthcare Facilities
Chembur is home to reputed schools, colleges, and healthcare facilities, ensuring that residents enjoy a high standard of living.
- Top Schools: St. Gregorios High School, OLPS High School, and Ryan International School.
- Renowned Healthcare Centres: Apollo Spectra Hospital, Zen Multi-Speciality Hospital, and Surana Sethia Hospital.
3. Luxury Real Estate Options at Better Value
Chembur offers luxury residences at more competitive prices than South Mumbai’s premium areas like Worli and Lower Parel. Buyers can enjoy spacious 2, 3, and 4 BHK apartments with world-class amenities such as infinity pools, fitness centres, and landscaped gardens, all at a significantly lower price point.
This makes Chembur an attractive option for those seeking premium living without the exorbitant costs.
Also Read: Evaluating the Long-Term Investment Potential of Waterfront Properties in India
Amenities That Define True Luxury
Rustomjee offers an exceptional living experience by incorporating a wide range of luxurious amenities that cater to the needs of residents across all age groups. These amenities are thoughtfully designed to enhance comfort, promote healthy lifestyles, and foster a strong sense of community.
1. Multiple Swimming Pools and Aquatic Features
Residents can enjoy a refreshing swim in multiple swimming pools, including infinity pools and kid-friendly pools. For those seeking relaxation, the project also features serene jacuzzi areas and water features that add to the resort-like ambience.
2. Fitness Centre and Sports Facilities
The state-of-the-art fitness centre is equipped with modern gym equipment, allowing residents to maintain their fitness routines without leaving home. Additionally, the project includes sports facilities such as tennis courts, basketball courts, and jogging tracks for outdoor enthusiasts.
3. Entertainment and Leisure Spaces
Rustomjee Basant Park is designed to cater to both relaxation and social interaction. The multipurpose clubhouse offers a venue for social gatherings and community events, while indoor game rooms, reading lounges, and screening rooms provide entertainment options for all.
Also Read: Investing in Indian Commercial Real Estate: Opportunities for High-Net-Worth NRIs
Neighbourhood Highlights: Lifestyle Around Basant Park
Rustomjee’s location in Chembur ensures residents enjoy a premium lifestyle with access to some of the city’s finest conveniences and recreational options. The neighbourhood offers a blend of upscale amenities, cultural landmarks, and essential services that enhance the quality of life.
1. Premium Shopping Destinations
Chembur offers a variety of high-end shopping destinations that cater to fashion enthusiasts and lifestyle shoppers. Residents can explore:
- Phoenix Marketcity, Kurla: A premier shopping mall featuring international brands and entertainment zones.
- R City Mall, Ghatkopar: Offering a mix of luxury retail stores, gourmet dining, and multiplexes.
2. Fine Dining and Entertainment Options
Chembur’s thriving culinary scene offers an array of fine-dining restaurants, trendy cafes, and lively bars. Popular options include:
- The Bombay Presidency Golf Club’s Dining Room: A sophisticated venue for fine dining.
- Olive Bar & Kitchen: Known for its elegant ambience and Mediterranean-inspired cuisine.
- Glocal Junction: Perfect for casual dining and weekend brunches.
3. Parks and Recreational Spaces
Chembur provides plenty of green spaces and recreational zones for families and fitness enthusiasts. Residents can unwind at:
- Diamond Garden: Ideal for morning walks and family outings.
- Gandhi Maidan: A popular spot for outdoor sports and community events.
- Tata Institute of Social Sciences (TISS) Campus: Known for its peaceful surroundings and well-maintained walking trails.
4. Cultural Establishments
Chembur’s rich cultural heritage is reflected in its art centres, theatres, and community spaces. Residents can enjoy cultural activities at:
- Fine Arts Society: Hosting cultural performances, workshops, and exhibitions.
- Nehru Science Centre: Offering educational and interactive exhibits for children and adults alike.
Investment Perspective: Value Appreciation in Chembur
Chembur’s growth trajectory has made it a lucrative investment destination, offering promising returns for real estate investors. This section explores key factors contributing to Chembur’s value appreciation and its potential for sustained growth.
1. Historical Price Trends in Chembur
Over the past decade, Chembur has experienced notable property price appreciation. Between 2021 and 2024, property values in Chembur rose by 48%, while rental yields increased by 42%.
In the luxury segment, prices have surged, reflecting the area’s growing desirability and the enhancement of luxury amenities.
2. Comparison with Other Luxury Markets in Mumbai
Chembur offers luxury residences at more accessible prices compared to other luxury real estate markets in Mumbai. For instance, the average property rate in Chembur is approximately ₹31,150 per square foot, while in South Mumbai, it averages around ₹41,047 per square foot.
This pricing difference highlights Chembur’s value proposition, providing luxury living with excellent connectivity and high-quality standards at more competitive rates.
3. Future Infrastructure Developments Impacting Property Values
Several upcoming infrastructure projects are expected to further boost Chembur’s connectivity and real estate value, including:
- Mumbai Metro Line 2B Extension: Enhancing connectivity to business hubs.
- Eastern Freeway Extension: Reducing travel time to South Mumbai and Navi Mumbai.
- Chembur-Wadala Monorail Expansion: Improving public transport options.
4. Rental Yield Potential for Investors
Chembur’s strategic location near commercial hubs like BKC, Lower Parel, and Vikhroli has led to high rental demand from professionals and families. Investors can expect rental yields ranging from 4% to 5%, depending on property specifics.
This competitive yield, combined with the area’s connectivity and amenities, makes Chembur attractive for rental income.
5. Long-Term Appreciation Outlook
Chembur’s evolution into a prime luxury residential destination is supported by ongoing infrastructure developments, such as the Mumbai Metro Line 4 and the Eastern Peripheral Motorway, enhancing connectivity and accessibility.
These improvements, coupled with increasing demand for premium residences, position Chembur for sustained long-term property appreciation, making it an excellent investment choice.
Conclusion
Rustomjee is redefining luxury living in Chembur by offering a seamless blend of elegance, comfort, and convenience with thoughtfully designed 2, 3, and 4 BHK residences. This residential project in Chembur caters to the diverse lifestyle needs of families and professionals alike.
Each home is crafted with attention to detail, maximising space, natural light, and ventilation while integrating smart home features for enhanced security and convenience. Explore residential properties at Rustomjee today and make your dream of luxury living a reality today!
FAQs
- What is the expected completion timeline for the project?
Rustomjee Basant Park is being developed in phases, with possession timelines aligned with RERA guidelines to ensure timely delivery.
- What financing options can one explore for purchasing apartments at Rustomjee Basant Park?
Homebuyers at Rustomjee Basant Park can access financing options like bank home loans, flexible payment plans, and developer tie-ups with financial institutions. Loan eligibility and terms depend on the lender’s criteria.
- How does this luxury project in Chembur cater to the evolving needs of modern homebuyers?
Beyond premium amenities, this project integrates biophilic design principles, offering homes with enhanced natural ventilation, wellness-centric spaces, and AI-powered home automation. It also features co-working pods and soundproof meditation zones, setting a new benchmark for future-ready urban living.
