Shapoorji Pallonji Real Estate (SPRE) traces its origins to 1865, when the group first broke ground in Mumbai. Over the decades, the group built structures that defined the city's civic and commercial fabric — the Reserve Bank of India (old and new buildings), Wankhede Stadium, World Trade Centre I, Mumbai Central Railway Station, NCPA Apartments, and The Imperial Towers, among others. That heritage now spans more than 157 years. The real estate arm alone has planned over 95 million square feet across 30 landmark projects in 9 Indian cities and 40-plus countries.
Bandra East is the micro-market where SPRE has chosen to deploy that track record repeatedly. The group has already delivered BKC 28 on Road Number 8, Kherwadi, and its current active project — BKC 9 — sits within the same tightly defined geography. The naming convention itself reflects a deliberate, address-specific strategy: each project is anchored to a precise road or node within Bandra East rather than marketed with a generic brand name.
Shapoorji Pallonji BKC 9 is a residential apartment project offering 2 BHK and 3 BHK flats on a 0.41-acre site, with unit sizes ranging from 603 sq ft to 929 sq ft. The development comprises a single tower of 19 floors containing 134 units. The project is a joint venture between Shapoorji Pallonji Real Estate and Vakratunda Buildcon Private Ltd., with WSB Real Estate Debt Fund II having invested ₹55 crore in its financing. The company anticipates revenue exceeding ₹250 crore from this project.
Prices start at ₹2.25 crore for units that are currently under construction. BKC 9 carries an average quoted rate of approximately ₹67,500 per sq ft, compared to a Bandra East average of around ₹61,500 per sq ft. Possession is targeted for July 2028.
Apartments are Vastu-compliant and designed with French windows for unobstructed views. Units are two-sides open to optimise space and natural light. Amenities include a swimming pool, jacuzzi, clubhouse, jogging track, landscaped garden, lounge area, and sports court. EV charging stations are also included within the project.
BKC 9 is not a first attempt at Bandra East for Shapoorji Pallonji. BKC 28, located on Road Number 8, Kherwadi, Bandra East, is another residential society developed by the group in the same locality. The repetition of the BKC naming series signals that SPRE treats this sub-market as a distinct product family, not a one-off. Each project occupies a small, curated site — BKC 9 sits on 0.41 acres — consistent with the group's approach in South Mumbai, where it built The Imperial Towers on similarly constrained but high-value land.
The Shapoorji Pallonji Group's corporate headquarters are themselves based at BKC in Mumbai, which gives the group institutional familiarity with this corridor that few developers can match. Building premium residential product adjacent to one's own corporate address is a considered signal of long-term commitment to the precinct.
Property prices in Bandra East have moved 8.6% over the past year, 44.6% over three years, and 22.9% over five years. The average transaction rate for a flat in Bandra East currently stands at ₹50,401 per sq ft. The BKC 9 quoted rate of ₹67,500 per sq ft sits above that average, consistent with new-launch premium projects in the area.
Bandra East, with its modern developments and proximity to BKC, registers an average price of ₹56,750 per sq ft, offering a more accessible entry point relative to Bandra West's ₹81,000 per sq ft. Properties in the BKC precinct have recorded a price increase of 42.2% over the past five years.
Given the largely built-out nature of the BKC micro-market, new residential launches are inherently limited, and that scarcity is a key driver of appreciating values. Owning a property in BKC remains a preferred investment choice for both domestic and international HNIs and NRIs.
The connectivity grid around BKC 9 includes Bandra Railway Station, Dharavi Metro Station, the Western Express Highway, the Bandra-Worli Sea Link, BKC Road, the Santacruz-Chembur Link Road, and Chhatrapati Shivaji Maharaj International Airport.
The Mumbai Metro Line 3 (Aqua Line) provides underground connectivity from Aarey to BKC, with the full Colaba-SEEPZ corridor expected to be operational. This infrastructure reduces travel time by up to 50%, increasing the appeal of Bandra East for working professionals. Mumbai Bandra Terminus is 1.14 km from the area, and Chhatrapati Shivaji International Airport is approximately 2.59 km away.
The location's proximity to BKC, the primary business hub of Mumbai, makes it a preferred address for corporate professionals, international migrants, and high-net-worth individuals.
Institutions within close proximity to BKC 9 include Lilavati Hospital, Guru Nanak Multispeciality Hospital, Dhirubhai Ambani International School, Thadomal Shahani Engineering College, Rizvi College, St Andrew's College, Link Square Mall, Rao Saheb Patwardhan Udyan, Maharashtra Nature Park, and St Andrew's Auditorium.
SPRE's activity in Bandra East sits within a larger Mumbai portfolio. In South Mumbai, the group has launched The Odyssey off Marine Drive — a project it describes as a return to South Mumbai — underscoring a deliberate multi-corridor strategy across the city. In the western suburbs, The Designate at Khar West extends the group's residential presence northward along the same western corridor. In the eastern suburbs, Mumbai Dreams in Mulund West is positioned 2.5 km from the Eastern Express Highway. The Bandra East cluster — BKC 28 and BKC 9 — anchors the mid-corridor between these poles, directly adjacent to Mumbai's most active commercial district.
