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VMPL
New Delhi [India], November 6: For decades, Mumbai's housing story was one of compromise. Families thrived in compact homes, where a two-bedroom apartment was considered aspirational. The location of the home mattered more than its size. But today, that equation is changing. Families are asking a new question, not just "Where is the home?" but "What can the home do for us?" This shift has sparked one of the most significant trends in Mumbai real estate, the rise in demand for larger homes in established neighbourhoods like Matunga. In the first half of 2025, Mumbai's luxury housing market recorded sales worth 14,750 crore, the highest ever for a six-month period. At the same time, 3-4 BHK homes saw prices rise 3-6% year-on-year, while the once-dominant 1 BHK segment saw a 5% drop in pricing, reflecting reduced demand. Properties priced above 2 crore now account for 25% of all transactions, up from 22% last year. Behind these numbers is a clear lifestyle shift. Remote work, hybrid schooling, and multi-generational living have made space a necessity. Families now seek homes with dedicated work corners, wellness areas, and privacy for each member and flexibility for the future. Size alone doesn't define this aspiration. Location continues to play a pivotal role, and Matunga has emerged as one of South Mumbai's most attractive residential destinations. As migration patterns evolve, many families from the city's northern suburbs are choosing to move southward drawn by Matunga's strategic location that sits equidistant from most parts of Mumbai. The area combines easy accessibility with the timeless allure of a South Mumbai address, proximity to the sea, and the prestige of a neighbourhood steeped in heritage. It blends old-world charm with modern convenience, offering proximity to commercial hubs like BKC, Lower Parel, and Fort, while also nurturing a cultural and educational ecosystem with reputed schools and institutions. Adding to its appeal is the rarity of sea-facing residences and the address in Matunga is both contemporary and timeless. https://youtu.be/OuATIjkKr7w?si=P6oHvpKZvmWpcuAD In this evolving landscape, Rustomjee 180 Bayview stands out with its expansive 3 BHK (1407 sq. ft.) and 4 BHK (1664 sq. ft.) residences, thoughtfully designed to meet the needs of modern families. Developed by Rustomjee Group, one of Mumbai's most trusted branded developers, the project offers the assurance of high-quality construction, timely delivery, and a refined residential community. The homes feature expansive layouts that maximise comfort, complemented by balconies. Each residence comes with a separate staff room or study for added flexibility, while all bedrooms are equipped with attached washrooms for privacy and convenience. Elderly-friendly washrooms add a layer of safety, and the columnless layouts ensure interiors remain unobstructed and versatile. Floating decks in bedrooms extend the living experience, while dedicated foyer areas offer enhanced privacy. With a three-side open design and cross ventilation, the homes enjoy abundant natural light and fresh air. Further, Vastu-compliant planning ensures balance and harmony, and separate powder bathrooms cater to guests with ease. Together, these details create residences that are both functional and future-ready, setting a new benchmark in South Mumbai living. Within the development, residents enjoy an elevated lifestyle marked by over 20 premium amenities from a rooftop infinity pool and fitness centre to kids' indoor and outdoor play zones, a preview theatre, multipurpose hall, and an alfresco deck. Beyond the gates, the vibrant Matunga neighbourhood offers the best of both worlds, leisurely strolls at Shivaji Park, boutique cafes, temples, and cultural landmarks that together create an enriching urban experience. For families upgrading within the island city, Matunga offers both familiarity and prestige. With limited land availability, rising construction costs, and strong demand, the supply of spacious, well-located homes is finite. This scarcity ensures that a 3 or 4 bedroom home in Matunga is more than a lifestyle choice, it is an appreciating asset and a multi-generational legacy. As Knight Frank's 2025 outlook highlights, premium housing growth is fuelled by younger affluent buyers, wealth transfers, and the rising importance of space and amenities. In this context, Matunga's spacious homes are not just square footage, they are foresight, flexibility, and security for the future. In a city where every square foot is precious, choosing a larger home in South Mumbai is no longer about indulgence. It is about redefining comfort, creating balance, and securing a legacy that will endure. (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same.)
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