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New Residential Projects in Mumbai | Upcoming Flats & Apartments

New Residential Projects in Mumbai | Upcoming Flats & Apartments

Team MoneyTree
Posted on - 27 June, 2025

Discover the latest new residential projects in Mumbai, including RERA-approved projects, upcoming developments, and luxury offerings. Learn about the current market trends and the best areas to invest in Mumbai's real estate.

Today, the new and diverse properties all over this city of dreams called Mumbai are being developed and offering more and more developments all along the horizon. This city is full of skyscrapers, up-market apartments on the Arabian Sea, up-market business complexes, business activities for different corporate houses, regular flats in up-market localities, lower middle class houses in middle classes and lower range houses and flats on the outskirts of the city.

According to recent market reports, Mumbai has witnessed a significant increase of 27% year-on-year in new residential launches in the last quarter, highlighting developer confidence and robust buyer demand. This growth trajectory is expected to continue with numerous RERA approved projects in Mumbai entering the market.

The Current State of Mumbai's Residential Real Estate Market

Mumbai’s real estate market has been quite active and sensitive in recent years. The industry is returning to greater force due to changes on buildings in the market and new regulations after the pandemic. Meanwhile, it will be relevant to recognize that the current market is now characterized by:

Upcoming Residential Projects in Mumbai

Here are some RERA-approved projects in Mumbai that offer a broad spectrum of buyers, from luxury hunters to affordable housing investors. These new projects in Mumbai are transforming the skyline over both central and suburban zones:

Piramal Mahalaxmi Piramal Mahalaxmi Piramal Mahalaxmi

Piramal Mahalaxmi

Type

Residential

Possession

**

Pricing*

on request

More info

Piramal Mahalaxmi

Piramal Mahalaxmi, a new project in Mumbai by the renowned builder in Mumbai, Piramal Realty. This RERA-approved project in Mumbai provides beautifully crafted 2 BHK new projects in Mumbai, with high-end amenities. Although it is still under development, it will provide an opulent lifestyle, along with architectural superiority and locational benefits.

Amenities and Features

Location

Sane Guruji Road, Mahalaxmi, South Mumbai

Possession by

June 2026

RERA Approval Number

P51900015854 (South Tower), P51900016482 (Central Tower), P51900021057 (North Tower)

L&T Elixir Reserve L&T Elixir Reserve L&T Elixir Reserve

L&T Elixir Reserve

Type

Residential

Possession

June, 2025

Pricing*

on request

More info

L&T Elixir Reserve

L&T Elixir Reserve by L&T Realty is a luxury residential project providing 2, 3, and 4 BHK apartments . Being an ongoing project in Mumbai, it is RERA-approved, providing transparency and trust to prospective homeowners. It is the perfect combination of luxury and functionality, and it is a remarkable entry among Mumbai new project launches. The prime location, exclusive amenities, and reputation of L&T Realty make it one of the leading residential projects in Mumbai.

Amenities and Features

Location

Powai, Mumbai

Possession by

June 2025

RERA Approval Number

Atthis – P51800033618

IORA – P51800033984

Cafer – P51800034053

DOVE – P51800055488

PRINIA – P51800055625

T1-CYGNUS – P51800055987

MICL Aaradhya High Park MICL Aaradhya High Park MICL Aaradhya High Park

MICL Aaradhya High Park

Type

Residential

Possession

01 December, 2025

Pricing*

On Request

More info

MICL Aaradhya High Park

MICL Aaradhya High Park is one of the best residential projects in Mumbai, providing luxury at affordable prices in Mira Road East. The complex consists of 6 towers of 30 floors each, providing 1, 2, and 3 BHK apartments. Part of the Mumbai new project launches, it offers a profitable investment in Mumbai.

Amenities and Features

Location

Mahajan Wadi, Mira Road East

Possession by

December 2025

RERA Approval Number

P51700017865

Shapoorji Pallonji BKC 9 Shapoorji Pallonji BKC 9 Shapoorji Pallonji BKC 9

Shapoorji Pallonji BKC 9

Type

Residential

Possession

July 2028

Pricing*

On Request

More info

Shapoorji Pallonji BKC 9

Being a RERA-approved project of one of the leading builders of Mumbai, Shapoorji Pallonji BKC 9 offers an attractive investment prospect for property investment in Mumbai. Being situated at Bandra East, along with high-end amenities and well-planned design, it promises maximum appreciation potential and a quality lifestyle.

Amenities and Features

Location

Near Kherwadi, Bandra East

Possession by

July 2028

RERA Approval Number

P51800054573

Pratha Codename Zero Pratha Codename Zero Pratha Codename Zero

Pratha Codename Zero

Type

Residential

Possession

December, 2029

Pricing*

On Request

More info

Pratha Codename Zero

Pratha Codename Zero is a new residential project in Mumbai, situated strategically at Goregaon East. A RERA-approved project in Mumbai by Pratha Constructions, providing a mix of luxury at affordable prices. Being a pre-launch project in Mumbai, Codename Zero offers a good investment opportunity for real estate. Its perfect location, full-fledged amenities, and reasonable price point make it an attractive option for both end-users and real estate investors alike.

Amenities and Features

Location

Near Cama Industrial Estate

Possession by

December 2029

RERA Approval Number

P51800077345

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Frequently Asked Questions

What are the latest new projects in Mumbai?

Lodha Bella Vista, Godrej Horizon, and Dosti Greater Thane are some of the latest launches, offering a mix of premium and affordable homes.

Which are the top upcoming residential projects in Mumbai?

Piramal Aranya (Byculla), Runwal Gardens (Dombivli), and Shapoorji Pallonji BKC 28 are among the top upcoming residential projects in the city.

Where can I find Mumbai new construction flats?

New construction flats are available in Thane, Mulund, Goregaon, and Panvel, listed on major real estate portals and developer websites.

What are the under-construction projects in Mumbai?

Projects like L&T Centrona (Ghatkopar) and Raymond Ten X Habitat (Thane) are currently under construction with phased possession timelines in the next 2–3 years.

Are there RERA approved projects in Mumbai?

Yes, most reputed developers offer RERA-registered projects, ensuring transparency. You can verify approval on the official MAHARERA portal.

What are pre-launch projects in Mumbai?

Pre-launch projects are early-stage developments offered at initial prices before formal launch—often at discounted rates but with higher risk.

Where can I find new flats for sale in Mumbai?

Explore areas like Dombivli, Chembur, Kanjurmarg, and Kandivali on real estate platforms and developers’ official websites for available new flats.

Which are the luxury new projects in Mumbai?

Lodha World One, Oberoi Sky City, and Raheja Vivarea are top luxury projects offering premium homes in sought-after Mumbai locations.

Are there affordable housing projects in Mumbai?

Yes, suburbs like Virar, Vasai, and Kalyan feature budget-friendly homes from developers like Tata Housing and Mahindra Lifespaces.

Are there 2 BHK new projects in Mumbai?

2 BHK flats are widely available in areas like Panvel, Thane, and Mira Road—popular among working professionals and small families.

Are there ready-to-move new projects in Mumbai?

Yes, projects such as Runwal Forests, Kalpataru Immensa, and Sheth Zuri offer ready-to-move flats with immediate possession.

Who are the top builders in Mumbai?

Lodha Group, Godrej Properties, Oberoi Realty, Hiranandani, and Shapoorji Pallonji are among the top-rated and trusted builders in Mumbai.

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