Under-Construction Projects in Bandra East — May 2026
Bandra East's under-construction market delivers BKC adjacency at 25–30% below Bandra West pricing. Property Butler tracks 12+ active listings — 2 BHK options from ₹2.09 Cr (Sangam Nero, 708 sqft, Dec 2026) to ₹2.66 Cr (Raymond The Address by GS, 645 sqft), 3 BHK from ₹3.31 Cr (Sangam Nero, 1,159 sqft). Goldman Sachs, HSBC, SEBI, and NSE headquarters are all in BKC — 5–8 minutes from most Bandra East projects. The Metro Line 3 + Bullet Train BKC terminus makes this the highest-potential sub-₹3 Cr corridor in South Mumbai.
Under-Construction Bandra East — May 2026 Snapshot
₹2.09 Cr — ₹3.71 Cr
504–1,159 sqft carpet | Multiple possession dates 2026–2028 | BKC corridor
All Active Under-Construction Listings in Bandra East
| Project | BHK | Price | Carpet | PSF | Possession |
|---|---|---|---|---|---|
| Sangam Nero | 2 BHK | ₹2.09 Cr | 708 sqft | ₹29,520/sqft | Dec 2026 |
| Rustomjee Stella | 2 BHK | ₹2.10 Cr | 535 sqft | ₹39,252/sqft | Under Construction |
| Sahakar Excel Acropolis | 2 BHK | ₹2.19–2.21 Cr | 617–621 sqft | ₹35,413–35,817/sqft | Mar 2028 |
| Rustomjee Erika | 2 BHK | ₹2.32 Cr | 504 sqft | ₹46,032/sqft | Under Construction |
| Raymond The Address by GS Bandra | 2 BHK | ₹2.66 Cr | 645 sqft | ₹41,240/sqft | Under Construction |
| Sangam Nero | 3 BHK | ₹3.31 Cr | 1,159 sqft | ₹28,558/sqft | Under Construction |
| Raymond The Address by GS Bandra | 3 BHK | ₹3.50–3.71 Cr | 970 sqft | ₹36,082–38,247/sqft | Under Construction |
Property Butler Pick — Value vs Brand
Best value: Sangam Nero 2 BHK at ₹2.09 Cr/708 sqft (₹29,520/sqft) — Dec 2026 possession, largest carpet in the sub-₹2.5 Cr Bandra East band. Best brand premium: Raymond The Address by GS at ₹41,240/sqft — Raymond's lifestyle brand and BKC proximity justify the premium; resale will benefit from brand recognition. Rustomjee Stella at ₹39,252/sqft is the Rustomjee name at a competitive PSF for buyers who value developer track record.
Why Buy Under-Construction in Bandra East?
- BKC in 5–8 min — Goldman Sachs, HSBC, SEBI, NSE headquarters all within reach; 25,000+ office workers commute to BKC from Bandra East daily
- ~30% discount to Bandra West at equivalent carpet — same city, same commute axis, different postcode
- Metro Line 3 connectivity — Bandra East is on the metro alignment; BKC and Worli within 2 stops
- 3–4% gross rental yield — highest in SoBo; proximity to BKC drives corporate tenant demand
- Bullet Train BKC terminus — long-term appreciation catalyst as the Mumbai-Ahmedabad corridor activates
- Dharavi redevelopment — 259 acres adjacent to Bandra East; redevelopment underway and expected to transform neighbourhood perception by 2028
Under-Construction Risk Assessment — Bandra East
Lower Risk Projects
- Rustomjee (Stella, Erika) — established Mumbai developer, multiple SoBo deliveries
- Raymond GS — Godrej Realty partnership, listed group
Verify Before Booking
- Sangam Nero — check RERA, escrow balance, construction progress
- Sahakar Excel Acropolis — smaller developer; verify financials + track record
Buyer's Checklist — Under-Construction Bandra East
- ✓ Verify RERA registration and escrow balance at maharera.maharashtra.gov.in
- ✓ Request allotment letter confirming carpet area, floor, wing, parking
- ✓ Compare Dec 2026 possession projects on-site — confirm construction % matches RERA
- ✓ Check BKC walking distance vs driving distance — both matter for tenant appeal
- ✓ Negotiate CLP (construction-linked plan) rather than upfront payment schedule
- ✓ Ask about society formation timeline and maintenance charge structure
Explore Under-Construction Bandra East
Browse verified listings or WhatsApp for a shortlist with RERA details and site visit slots.
Search Projects WhatsApp UsFrequently Asked Questions
What is the cheapest under-construction 2 BHK in Bandra East?
Currently Sangam Nero at ₹2.09 Cr (708 sqft, Dec 2026 possession) — the sharpest value. Sahakar Excel Acropolis offers ₹2.19 Cr for Mar 2028. Both are larger-carpet options at lower PSF than the Rustomjee and Raymond offerings.
Is Bandra East safe for under-construction purchase?
Established developers (Rustomjee, Raymond-GS) carry low risk. For smaller developers like Sangam and Sahakar, verify RERA escrow balance, check construction progress on-site, and use a construction-linked payment plan. Maharashtra RERA provides buyer protections for all registered projects — penalties for delays are enforceable.
How does the Dharavi redevelopment affect Bandra East property prices?
Dharavi (259 acres, adjacent to Bandra East) is being redeveloped by the Adani Group under a government-backed scheme. When complete, it will convert one of Asia's largest informal settlements into planned housing, commercial, and public spaces. The redevelopment is expected to significantly upgrade the perception and connectivity of the Bandra East–Sion–BKC triangle by 2028–30. This is a structural appreciation driver for Bandra East property prices.
What is the rental yield on a Bandra East under-construction flat?
On possession, a 2 BHK in Bandra East rents for ₹90,000–₹1.30L/month to BKC professionals. On a ₹2.09 Cr purchase price, that's approximately 5.2–7.5% gross yield — exceptionally high for South Mumbai. Raymond The Address by GS (brand premium) typically achieves the upper end of the rental range.
Bandra East vs Lower Parel — which is better for under-construction investment?
Bandra East: lower entry (₹2 Cr), higher yield (3–4%), BKC + Bullet Train catalyst, Dharavi redevelopment upside. Lower Parel: slightly higher PSF (₹38–55K), Phoenix Mills corporate hub adjacency, Metro Line 3 active. For pure yield + near-term appreciation: Bandra East wins. For blue-chip branded developer inventory: Lower Parel (Lodha Vista, Marathon) has stronger credentials. Both are strong — choose based on tenant profile you want to attract.