The Homestead CHSL: A landmark cluster redevelopment in the heart of Lokhandwala, Andheri West
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The Homestead CHSL is Rustomjee's cluster redevelopment of eight housing societies in Lokhandwala, Andheri West — a contiguous 4.75-acre site that is expected to unlock approximately 10.6 lakh square feet of saleable area and carries a Gross Development Value of nearly Rs 3,000 crore. It is one of the largest single-cluster private-society redevelopment projects currently announced in Mumbai's western suburbs, and it arrives under the stewardship of Keystone Realtors Limited, the BSE- and NSE-listed entity that operates under the Rustomjee brand.
Founded in 1995, Rustomjee has spent three decades shaping the residential fabric of the Mumbai Metropolitan Region — from gated communities in Juhu and Khar to landmark towers in Prabhadevi and BKC Annexe. The group has delivered over 20 million square feet across more than 230 buildings, housing more than 17,000 families. That continuity of execution is the guarantee that underpins The Homestead CHSL: when a developer of this scale and track record takes on an eight-society cluster redevelopment, it brings institutional-grade project management, in-house design rigour and the financial backing of a listed company with an ICRA credit rating of A+ (Stable).
Rustomjee's design philosophy at this scale centres on what the company calls community-first master planning: significant proportions of open ground, child-friendly parks and gathering spaces woven into the project layout, cross-ventilated apartment configurations that draw natural light deep into each home, and sustainable features including rainwater harvesting, waste management systems and energy-saving infrastructure across common areas. Every apartment is conceived for optimal space utilisation while retaining the proportions and finishes that the Lokhandwala address demands.
The timing of this redevelopment is deliberate. Andheri West is entering a new infrastructure cycle: Mumbai Metro Line 2A is operational along the Western Express Highway corridor, and Metro Pink Line 6 — with its originating station at Lokhandwala Complex — is under construction and targeted for completion by December 2028, which will deliver a direct elevated link from the neighbourhood eastward through SEEPZ, Powai and on to Vikhroli. For 548 existing society members and future residents alike, The Homestead CHSL represents an opportunity to trade ageing mid-rise stock for a contemporary address on the same land they have always called home.
To register your interest in The Homestead CHSL and receive configuration details, pricing and launch timelines as they are released, speak with our channel-partner team directly.
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Detailed master plan and unit-wise floor plans available on request.
Lokhandwala Complex, Andheri West, Mumbai · Lokhandwala, Andheri West · Mumbai
Lokhandwala Complex in Andheri West sits at one of western Mumbai's most established residential and commercial crossroads. The precinct draws professionals from the media, entertainment and technology industries, anchored by proximity to Bandra Kurla Complex roughly 12 km to the south and NESCO IT Park in Goregaon approximately 5 km to the north. Andheri Railway Station on the Western Line and Versova Metro Station on Metro Line 1 together give residents rail access to the length of the city within minutes of the address.
The Homestead CHSL occupies a cumulative 4.75-acre cluster within Lokhandwala — a scale that is rare for a contiguous private land parcel in this micro-market. Infiniti Mall, multiple hospitals and the Western Express Highway are all within a short drive, while the forthcoming Mumbai Metro Pink Line 6, originating at Swami Samarth Nagar station in Lokhandwala Complex and running 14.47 km across to Vikhroli, will add a new east-west transit spine directly from the project's doorstep. Property transaction data from Square Yards Intelligence recorded 1,410 sale transactions in Andheri West in the twelve months to March 2025, with a gross sales value of Rs 3,638 crore — a measure of sustained demand in this corridor.
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The 14.47 km elevated Metro Line 6 originates at Swami Samarth Nagar station inside Lokhandwala Complex, passes through SEEPZ and Powai, and is targeted for completion by December 2028, placing The Homestead CHSL at the very start of this east-west transit corridor.
The under-construction coastal sea link will run along the western shoreline from Versova through Bandra, dramatically reducing north-south travel times and bringing South Mumbai substantially closer to the Lokhandwala address via a traffic-free coastal route.
The northward extension of the Mumbai Coastal Road toward Versova will further improve arterial connectivity from Andheri West to South Mumbai, supplementing the sea link and reducing dependence on congested inland roads.
The Red Line 7A extension from Andheri East to Chhatrapati Shivaji Maharaj International Airport is under construction, delivering a direct metro link from the broader Andheri node to the airport terminal and reducing surface travel time significantly.
The 12 km GMLR will connect Goregaon in the western suburbs to Mulund in the east, providing a dedicated road corridor that eases cross-suburb travel for Andheri West residents and reduces pressure on JVLR and the Western Express Highway.
This project redevelops eight housing societies across a cumulative 4.75-acre plot — a scale of contiguous land that is exceptionally rare within Lokhandwala Complex, enabling master-planned open spaces, generous setbacks and a coherent community rather than a piecemeal tower insertion.
Founded in 1995 and listed as Keystone Realtors on BSE and NSE, Rustomjee has delivered over 20 million square feet across 230-plus buildings in the Mumbai Metropolitan Region. That institutional depth — from Juhu to Prabhadevi to Bandra Annexe — is the direct guarantee behind this Lokhandwala project.
The forthcoming Mumbai Metro Pink Line 6 begins at Swami Samarth Nagar station inside Lokhandwala Complex, placing The Homestead CHSL at the literal starting point of a 14.47 km elevated corridor that will connect residents to SEEPZ, Powai and Vikhroli without a single traffic signal.
With an estimated Gross Development Value of approximately Rs 3,000 crore across roughly 10.6 lakh square feet of saleable area, the per-square-foot implied pricing reflects a premium residential offering — one that Rustomjee has calibrated to match the aspirations of Lokhandwala's established buyer profile.
The project consolidates 548 existing society members whose development agreements and letters of intent have already been secured. This pre-secured land position eliminates typical land-aggregation risk and gives incoming buyers confidence in project certainty and timeline.
Positioned 7 km from Chhatrapati Shivaji Maharaj International Airport and approximately 12 km from Bandra Kurla Complex — with Link Road and the Western Express Highway both within easy reach — The Homestead CHSL sits at the intersection of Mumbai's two most significant professional and transit anchors.
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