Mumbai Developer Launches Rs 400 Crore Notan Jewel Commercial Project In Bandra

Mumbai’s commercial property market received a fresh boost with the launch of a new premium office and retail development in Bandra, signalling sustained demand for modern workplaces in one of the city’s most strategic business districts. The project, positioned on Turner Road, is expected to generate revenues exceeding ₹400 crore and forms part of a wider expansion plan by its developer for FY2025–26.

The mid-sized development, spread across roughly 90,000 sq ft of construction area, will offer about 45,000 sq ft of leasable space. According to a senior company representative, the project aims to respond to the city’s shifting work patterns, where tenants increasingly preference efficient layouts, shared amenities, and digitally enabled environments rather than traditional office blocks. The official added that Bandra’s long-standing role as a link between north and south business corridors continues to drive developer confidence.

Industry observers note that the project’s design incorporates several features that reflect post-pandemic expectations from occupiers   including high-speed elevators, controlled-access drop-off points, surveillance-linked security systems, and flexible meeting zones. The inclusion of recreation-led additions such as a rooftop sports court suggests a growing trend among developers to merge wellbeing with workspace planning, improving productivity while maximising limited urban land parcels.Urban planners point out that new commercial supply in established neighbourhoods like Bandra also raises broader questions about infrastructure balancing. While concentrated business growth can stimulate transit use and reduce long commutes, it also demands stronger commitments to sustainable mobility, waste management, and energy efficiency. In this context, experts say future developments will need to incorporate low-carbon materials, renewable energy systems, and water-neutral operations to align with Mumbai’s evolving climate and resilience targets.

The company behind the project has indicated that this launch is part of a four-project pipeline aimed at strengthening its presence in the premium commercial segment. Two earlier properties introduced last year   both in central western suburbs  have reportedly received strong leasing interest from boutique firms, digital-first enterprises, and retail brands looking to position themselves close to consumer catchments. Analysts interpret this as a sign that micro-markets with strong social infrastructure continue to outperform isolated business districts.

For Bandra’s local economy, the new office and retail supply could contribute to job creation and add momentum to the area’s shift towards mixed-use urban living. However, city experts caution that long-term success will depend on how well commercial developments integrate with the broader civic framework, especially as Mumbai pushes for more inclusive, equitable, and environmentally scaled-up neighbourhoods.As commercial real estate evolves, projects that prioritise accessibility, safety, and resource-aware design may set new benchmarks for how dense cities like Mumbai adapt their built environments to the needs of future workplaces.

Mumbai Developer Launches Rs 400 Crore Notan Jewel Commercial Project In Bandra