Rustomjee Group to invest ₹5,800 crore in Mumbai housing project
Representative AI image NEW DELHI: Rustomjee Group is set to invest approximately ₹5,800 crore in the development of a residential project named Rustomjee Vista Bay in Parel Extension, Mumbai. The project spans 1.52 acres and is designed as a low-density, gated community featuring around 200 residences in a single tower with two wings. It will offer 2BHK and 3BHK homes with sizes ranging from 805 sq ft to 1,356 sq ft. Boman Irani, chairman and managing director of the company, stated, “Vista Bay signifies our entry into Parel Extension at a time when the area is experiencing renewed interest in…