November 07, 2025: Mumbai’s housing preferences are transforming — from compact convenience to expansive comfort. Once, families prioritised location over size, but today, the question has evolved from “Where is the home?” to “What can the home do for us?” This changing mindset is driving a surge in demand for spacious residences in legacy neighbourhoods such as Matunga.
In the first half of 2025, Mumbai’s luxury housing segment recorded transactions worth Rs 14,750 crore — its highest-ever six-month performance. Prices for 3-4 BHK homes rose 3–6% year-on-year, while the 1 BHK category saw a 5% price decline, reflecting shifting demand. Homes priced above Rs 2 crore now represent 25% of all property deals, up from 22% last year.
The shift is lifestyle-driven. Remote work, hybrid learning, and multi-generational living have made larger, flexible spaces essential. Families are seeking residences that combine privacy, functionality, and wellness — and Matunga offers just that. With its strategic location linking BKC, Lower Parel, and Fort, along with access to the sea and cultural landmarks, the area blends heritage charm with modern infrastructure.
Rustomjee 180 Bayview exemplifies this transformation. Offering expansive 3 BHK (1407 sq. ft.) and 4 BHK (1664 sq. ft.) homes, the project features columnless layouts, private balconies, staff rooms, and Vastu-compliant planning. Over 20 premium amenities, including a rooftop infinity pool, fitness centre, preview theatre, and play zones, elevate the living experience.
Matunga’s limited land availability and enduring desirability ensure its homes retain both emotional and financial value. As Knight Frank’s 2025 outlook notes, premium housing growth is now led by younger affluent buyers seeking space and sophistication.
In a city where every square foot counts, Matunga’s new generation of luxury homes represents not indulgence — but foresight, balance, and a lasting legacy.
Source: The Tribune
