Sea Kunal Waterfront Tower Colaba, Mumbai

27 Underground Parking Facilities to Combat Mumbai's Parking Crisis

Mumbai is set to develop 27 underground parking facilities, one in each administrative ward, to alleviate the severe parking shortage. This project, backed by the BMC Budget 2026-27, will create parking beneath existing gardens and playgrounds, reducing roadside parking and traffic congestion.

Rent in Sea Kunal Waterfront Tower ranges from ₹ 10 L to ₹ 13 L with options available for 4 BHK.

Mumbai's Water Metro Project Phase 1 to Connect Key Regions with 16 Routes and 26 Terminals

Mumbai is set to launch its Water Metro project, with Phase 1 planning 16 routes and 26 terminals to connect Mumbai with Navi Mumbai, Thane, Vasai, and other areas. Utilizing electric ferries, the project aims to significantly reduce travel time by up to 50% on certain routes, ease traffic congestion on roads and local trains, and provide an eco-friendly transportation alternative.

During Q1'2026, average property prices for Sea Kunal Waterfront Tower moved from ₹ 40,550/sqft to ₹ 43,150/sqft, reflecting a 6.41% rise.

A total of 8 out of 21 launched units have been booked as of March 2026, including 42% of TYPE A(8 out of 19).

Prime Minister Narendra Modi inaugurated Phase 2B of Mumbai Metro Line-3, completing the entire Aqua Line. This 33.5 km underground line with 27 stations connects Colaba to SEEPZ and is expected to cater to 13 lakh passengers daily. The project provides seamless connectivity to heritage sites and financial hubs, integrating with other transport modes and aiming to significantly reduce travel times across the city.

Structural Works reach 100% completion, External Works has reached 100%, MEP Services including lift and staircases, are now 100% done.

Structural Works reach 96% completion, External Works has reached 95%, Internal finishing stands at 50%, MEP Services including lift and staircases, are now 95% done.

Waterfront Tower, developed by Sea Kunal Corporation Pvt. Ltd., officially launched on 16-Aug-2017 and expected to complete by 31-Jul-2023. Registered under RERA No. P51900006784. The project comprises 1 towers and offers 21 residential units, including TYPE A, TYPE B, with unit sizes ranging from 1894 to 2971 Square feet across a total area of 0.46 Acre.