Announcement
GVP Realty, a Mumbai‑based real estate developer, unveiled MANSION XXI, an ultra‑luxury sea‑facing residential tower at the coveted Bandra Bandstand address. The project is valued at over INR 600 crore and will rise 26 storeys.
Project Details
The development will comprise a limited collection of residences. Each standard unit offers 4,237 sq ft of living space, while the exclusive penthouse spans 8,000 sq ft. All units feature an exclusive lift lobby, surface parking, and a pillar‑less structural design that enhances openness. Floors are designed with 12‑ft floor‑to‑floor heights, fully Vastu‑compliant layouts, and wrap‑around balconies that open on all four sides, maximizing natural light and cross‑ventilation. Residents will enjoy uninterrupted views of the Worli skyline, the Arabian Sea, and the Versova coastline.
Market Context
According to CRE Matrix Research, luxury homes priced above INR 45 crore accounted for nearly 44 % of Mumbai’s primary luxury residential sales. In 2024, Bandra West recorded over 1,918 residential transactions. Sea‑facing residences in the area command a 15‑20 % premium, underscoring the high demand for waterfront luxury properties.
Developer Commentary
Founder Mr. Gaurang Parekh stated that Bandra Bandstand represents one of Mumbai’s rare residential opportunities and that MANSION XXI aims to deliver uncompromising privacy, uninterrupted sea views, and exceptional planning while respecting the character of the iconic address. He emphasized the project’s focus on thoughtful architecture, generous spaces, and the rarity of its waterfront setting.
Design & Amenities
Inspired by its coastal location, the tower adopts a contemporary coastal design language with sculpted forms, expansive decks, and generous corner openings to maximise light and ventilation. A curated suite of premium lifestyle amenities centred on luxury, wellness, and recreation will complement the residences, reflecting GVP Realty’s commitment to quality and enduring value.
About GVP Realty
GVP Realty is led by Mr. Gaurang Parekh and builds on decades of development experience across residential and commercial projects in the Mumbai Metropolitan Region. The company focuses on creating landmark locations and transforming them into premium and ultra‑luxury residential developments through thoughtful design, quality execution, and lasting community contribution.
For further information, visit https://mansion21.com/.
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