Mumbai’s housing landscape is evolving. For many years, families accepted smaller homes, often dreaming of a two-bedroom apartment. But today, the focus has shifted. People are now asking, “What can a home provide for us?”
This shift is driving a demand for larger homes, particularly in neighborhoods like Matunga. Recent data shows that in the first half of 2025, Mumbai’s luxury housing sales hit ₹14,750 crore, marking a record for six-month sales. Homes with three to four bedrooms have seen prices jump by 3-6% year-on-year, while one-bedroom apartments have dropped in price by around 5%. Notably, properties priced above ₹2 crore now make up 25% of all transactions, up from 22% just a year ago.
Why this change? Factors like remote work and hybrid learning have made spacious homes essential. Families want dedicated areas for work, relaxation, and privacy. They’re not just looking for size; they also want location. Matunga offers the best of both worlds—a convenient spot close to the city’s core, rich with heritage, yet imbued with modern facilities.
Matunga’s appeal is multifaceted. It’s well-connected to commercial centers like BKC and Lower Parel while nurturing a vibrant cultural atmosphere with quality schools and institutions nearby. The area is also known for its sea-facing properties, providing a rare blend of classic charm and contemporary style.
One project making waves is Rustomjee 180 Bayview. It offers spacious three and four-bedroom homes tailored for modern family needs. Developed by a trusted name in Mumbai, Rustomjee, these residences promise quality and a supportive community.
The homes are designed for comfort, featuring balconies, room for staff or study areas, and private washrooms for each bedroom. Elderly-friendly options enhance safety, while open layouts promote versatility. Plus, ample natural light fills these spaces thanks to thoughtful design, encouraging a harmonious living environment.
Residents at Rustomjee 180 Bayview enjoy over 20 premium amenities, including a rooftop infinity pool, fitness center, and kids’ zones. The local Matunga area enriches life further, with parks, cafés, temples, and cultural attractions.
Matunga is increasingly viewed not just as a home but as an investment for families seeking space, comfort, and lasting value. Limited land and high construction costs mean that spacious, well-located homes are a rare find. This makes them not only a lifestyle upgrade but also a strategic choice for future generations.
According to Knight Frank’s 2025 outlook, the growth in premium housing is driven by younger buyers looking for quality and space. In a city where every square foot counts, opting for a larger home is transforming into a savvy choice for comfort and legacy.
Embracing a home in Matunga isn’t just about enjoying luxury; it’s about ensuring a secure future in one of Mumbai’s most cherished neighborhoods.
