Rustomjee (Keystone Realtors Limited) Projects

Rustomjee (Keystone Realtors Limited) projects in Basant Park, Chembur, Mumbai

Rustomjee's Entry into Basant Park, Chembur

Founded by Boman Rustom Irani, Rustomjee has been building in Mumbai since 1995. Over three decades the group has worked its way across the city — from Rustomjee Regency in Dahisar and projects in Malad, to the luxury development 9 JVPD on Juhu's 10th Road, and the Urbania township in Thane. More recently the group has launched projects across Mumbai including Chembur Crescent, Pali Hill Cliff Tower, and Mount Mary in Bandra — a trajectory that consistently moves toward addresses where established neighbourhood quality and constrained land supply intersect. Basant Park in Chembur is precisely that kind of address, and Rustomjee Balmoral Golf Links is the developer's statement project here.

The Rustomjee legacy now spans 29-plus years, with 26 million sq ft of space delivered, more than 17,000 families housed, and 40 million sq ft in the pipeline. The Chembur project draws on that scale while targeting a product category — golf-facing, low-density luxury — that Rustomjee has not previously offered in this part of the city.

What Rustomjee is Building Here

Rustomjee Balmoral Golf Links is spread across 4.2 acres of freehold land and features four towers with G+18 floors, offering spacious 3, 3.5, 4, and 5 BHK apartments starting from ₹6.9 crore. Each floor carries only two apartments served by three high-speed elevators, a configuration that puts privacy and exclusivity at the centre of the product.

The project has been designed by internationally acclaimed architect Hafeez Contractor, with interiors by Patty Mak. Outdoor spaces have been designed by COEN Design International of Singapore around a "Me, We, Us" philosophy, with five themed landscape zones — Forest, Grove, Garden, Meadow, and Park — along with Zen Walks, Serenity Lounges, Work-from-Garden pods, a Treehouse, and a BBQ Pavilion.

Sustainability is embedded in the planning: pedestrian-friendly pathways, separate vehicle access, underground parking, rainwater harvesting, tree protection zones, and native plant species are all part of the design brief.

The project carries MahaRERA registration numbers P51800079955 for Wing D and P51800080027 for Wing F, available on the MahaRERA portal. Possession is scheduled for April 2030.

Configuration Summary

TypeStarting Price
3 BHK₹ 6.90 Cr onwards
3.5 BHK (3 BHK + Study)₹ 6.90 Cr onwards
4 BHK₹ 6.90 Cr onwards
5 BHK₹ 6.90 Cr onwards

The Golf Club That Defines This Address

The Bombay Presidency Golf Club, situated in Chembur, was established in 1927 on 90 acres of reclaimed swampland and underwent extensive redesign and modifications to its course in 2009. Originally designed by five-time British Open champion Peter Thompson and later redesigned by Nelson & Haworth, the 18-hole course measures 6,148 yards at Par 70. Golf Digest ranked it India's sixth-best course in 2022.

Rustomjee Balmoral Golf Links is set against the uninterrupted backdrop of the Bombay Presidency Golf Club, offering a kind of quiet luxury that is almost impossible to find elsewhere in Mumbai. Virtually every residence in the development faces the fairways — a view that neither changes nor gets built out over time, given the club's institutional permanence on that land since 1927.

Rustomjee Balmoral is built on the land on which the Basant Park Housing Society used to sit — a redevelopment that has transformed an older residential enclave directly adjoining Mumbai's most storied golf course into a new-format, low-density luxury gated community.

Why Rustomjee Chose Chembur for a Flagship Launch

Chembur is bordered by Govandi in the east, Trombay in the south, Ghatkopar in the north, and BKC and Sion to the west — a geography that puts it within reach of Mumbai's primary corporate corridors. With BKC evolving into Mumbai's financial capital, demand for Chembur properties has grown substantially, cementing its reputation as a vital contributor to the city's growth.

The Eastern Express Highway, Sion-Trombay Road, and the Santacruz-Chembur Link Road (SCLR) provide smooth commutes to various parts of the city, and proximity to Chembur Railway Station and the upcoming Chembur Metro Station further enhances connectivity. Mumbai Metro Line 2B is expected to slash travel time to BKC, Andheri, and further nodes, with the Sewri-Worli Elevated Connector improving access to South Mumbai.

Reputed schools such as Ryan International and Our Lady of Perpetual Succour, healthcare centres like Surana Hospital and Zen Multispeciality, and retail destinations including K Star Mall and R City are all within a short drive.

What the Market Says About Basant Park Specifically

Basant Park sits at a premium within Chembur's already elevated market. During Q1 2026, average property prices in Basant Park moved from ₹25,600 per sq ft to ₹26,000 per sq ft, reflecting a 1.56 per cent rise in a single quarter. Across the wider Chembur micro-market, flat rates have appreciated 9.9 per cent over three years and 23.2 per cent over five years. High demand for rental properties in Chembur has produced yields of 3 to 5 per cent, making it a trackable investment market as well as an end-user destination.

Against that backdrop, Rustomjee Balmoral Golf Links occupies the top of the Basant Park price curve — with residences starting from ₹6.90 crore — targeting buyers for whom the golf-facing setting and the Hafeez Contractor–designed towers are the primary draw rather than the address alone.

Rustomjee's Broader Mumbai Footprint as Context

Buyers evaluating Rustomjee in Chembur can reference a wide track record across the Mumbai Metropolitan Region. Since 1996, Rustomjee's design and construction activity has stretched from Virar to Prabhadevi. The Urbania township in Thane and Seasons in BKC Annexe represent the developer's township and redevelopment capabilities respectively. A development management agreement for Crown in Prabhadevi and a strategic partnership with Singapore's Keppel Land in Kapstone Constructions extended the group's premium positioning in South and Central Mumbai. An IPO listing alongside institutional partnerships with HDFC Capital Affordable Real Estate Fund-3 and IIFL Special Opportunities Funds brought further institutional scrutiny and capital discipline to the group's operations — factors that a buyer making a ₹6.90-crore-plus commitment has reason to weigh.

Frequently Asked Questions

What makes Basant Park, Chembur a well-connected place to buy property in Mumbai?+
Basant Park sits on the Harbour Line of Mumbai's suburban railway network, with Chembur station serving the locality. By road, the Eastern Express Highway, Eastern Freeway, and Santacruz-Chembur Link Road — a 6.45-kilometre arterial that includes the city's first double-decker flyover — provide direct access to BKC, South Mumbai, and Navi Mumbai. Chhatrapati Shivaji Maharaj International Airport is roughly 12 km away by road, a 25-to-30-minute drive depending on traffic. Metro Line 2B, with a Chembur station set to be added to its operational Phase 1 corridor, will further strengthen multimodal connectivity between the eastern suburbs and BKC.
Which schools and colleges are near Basant Park, Chembur?+
Families buying in Basant Park, Chembur have a strong range of educational options within close reach, including St. Gregorios High School, JBCN International School, Ryan International School, Our Lady of Perpetual Succour High School, and ORCHIDS The International School. At the college level, R.A. Podar College of Commerce and Economics and K.J. Somaiya College are both accessible from the neighbourhood. This concentration of schools across curricula — ICSE, CBSE, and international boards — makes the locality particularly practical for families with school-going children.
What hospitals and healthcare facilities are available near Basant Park, Chembur?+
Basant Park, Chembur is served by several multi-specialty hospitals in its immediate vicinity. Apollo Spectra Hospital, Surana Sethia Hospital, Inlaks General Hospital, Zen Multi-Specialty Hospital, and Sushrut Hospital are among the named facilities within a short drive of the neighbourhood. The density of healthcare infrastructure in this part of eastern Mumbai means residents are rarely more than 10 minutes from emergency or specialist care.
What type of housing is available in Basant Park, Chembur?+
Basant Park, Chembur is primarily a mid-to-high-density residential locality dominated by multi-storey apartments and cooperative housing societies. The area offers 2 BHK, 3 BHK, and 4 BHK configurations across both older ready-to-move societies and newly launched gated developments on larger land parcels. The neighbourhood also has approximately 200 acres of gardens and parks integrated into its urban fabric, giving it a greener character than many comparable Mumbai localities at this price point.
What are current property prices in Basant Park, Chembur, and how has pricing trended?+
Average asking prices in Basant Park, Chembur were at approximately Rs. 26,000 per sq. ft. during Q1 2026, up from Rs. 25,600 per sq. ft. at the start of that quarter, reflecting a 1.56 percent quarter-on-quarter rise. Broader Chembur averages around Rs. 33,100 per sq. ft., meaning Basant Park offers a relative entry point within the wider micro-market. Year-on-year apartment appreciation across Chembur has been running at approximately 13 percent, driven by rising employment demand, improved infrastructure, and constrained supply of well-located land.
Who is Basant Park, Chembur best suited for as a place to buy property?+
Basant Park, Chembur draws a broad cross-section of buyers: working professionals who commute to BKC — reachable in roughly 15 minutes — Lower Parel, or Navi Mumbai benefit directly from the road and rail network. Families value the density of schools, hospitals, and open green areas within the locality. Investors are attracted by the area's rental demand from professionals and its consistent capital appreciation track record. The Bombay Presidency Golf Club, Sion Fort, and Anushakti Nagar Lake within a 5-to-7 km radius add lifestyle and leisure draw for long-term owner-occupiers.
What malls and retail destinations are close to Basant Park, Chembur?+
Basant Park, Chembur residents have ready access to K Star Mall and Cubic Mall within the Chembur catchment, both of which carry a range of retail, dining, and entertainment options. Phoenix Marketcity is approximately 7 km away, and R City Mall in Ghatkopar is reachable along the Eastern Express Highway corridor. Day-to-day needs are well served by neighbourhood markets, grocery stores, and a DMart in the immediate area, making Basant Park a locality where both everyday convenience and larger retail experiences are accessible.
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