Most of the quotes indicated a cost of Rs6-Rs10 mn for a 2 bedroom, hall and kitchen (2 BHK) apartment. This does not include preferential location charges that can vary from Rs20-Rs70 per floor rise, parking space (about Rs0.3 mn), stamp duty and registration and other infrastructure/maintenance charges.
Most agents indicated that prices have appreciated since their projects were launched. Given the number of apartments coming up in suburbs such as Mulund and Thane, property prices may struggle to appreciate in these areas.
Company, Location, Type of Apt, Area in sft, Price / sft [Rs]
Hiranandani Glen Ridge, Powai 4 BHK 2,650 18,000
Rustomjee La Sonrisa, Matunga (E) 2 BHK 1,170 22,000
Dosti Flamingos, Parel-Sewri 2 BHK 1,250 14,500
Sheth Polaris, Goregaon (W) 2.5 BHK 1,245 11,000
Oberoi Splendor, Andheri (E) 3 BHK 987 12,500
Dosti Acres, New Wadala 2 BHK 950 11,400
Rustomjee Elanza, Malad (W) 2 BHK 1,100 9,000
Sheth Ivy, Malad (E) 2 BHK 1,190 7,900
Sheth Grandeur, Borivali (E) 2 BHK 1,210 7,500
Kalpataru Ghatkopar (W) 2 BHK 1,028 8,200
Nirmal Lifestyle Mulund 2 BHK 981 7,200
Kalpataru Siddhachal, Thane (W) 2 BHK 1,127 5,500
Lodha Luxuria, Thane 2 BHK 1,044 5,859
Kanakia Thane (W) 2 BHK 945 6,265
Rustomjee Thane (W) 2 BHK 1,100 4,770
Dosti Vasai (W) 2 BHK - 1,400-1,800
Also check out our exclusive coverage of HDIL's Property Prices for various projects in Mumbai.
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