Mumbai’s Bandra Bay is poised for a transformative real estate boom, with luxury housing and premium retail developments valued at over Rs 1 lakh crore expected in the coming years, according to a report.

The joint report by Lighthouse Luxury and data analytics firm CRE Matrix — titled "Why Bandra Bay is Mumbai's Most Iconic Waterfront Investment" — highlights plans for nearly 8 million square feet of high-end residential and retail space along the Bandra Bay stretch.