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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
Sane Guruji Road , Mumbai - 201304
Property Amenities
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
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Location |
Sane Guruji Road, Mahalaxmi, South Mumbai |
|---|---|
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Possession by |
June 2026 |
|
RERA Approval Number |
P51900015854 (South Tower), P51900016482 (Central Tower), P51900021057 (North Tower) |
L&T Elixir Reserve
Powai , Mumbai - 400076
Property Amenities
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
Mira Road , Mumbai - 401107
Property Amenities
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
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Location |
Mahajan Wadi, Mira Road East |
|---|---|
|
Possession by |
December 2025 |
|
RERA Approval Number |
P51700017865 |
Shapoorji Pallonji BKC 9
Bandra East , Mumbai - 400051
Property Amenities
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
Goregaon East , Mumbai - 400063
Property Amenities
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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