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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
SOLD OUTCompleted/historical project — current inventory unconfirmedMahaRERA P51700006954

Airoli · Mumbai

Newa Bhakti Park - Wing A

Airoli · by Newa Group

Updated Sep 2026

108
Units
2023
Possession
1
Buildings
Certificate Signed
Status
SOLD OUT
Newa Bhakti Park - Wing A is sold out by the developer.We can check resale and rental flats in this building for you.
See resale & lease in this building →

A first look at Newa Bhakti Park - Wing A

Newa Bhakti Park - Wing A is a residential project in Airoli, Mumbai 400708. It is registered with MahaRERA under P51700006954 (registered 2020-06-14). Newa Bhakti Park - Wing A is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 108 units across 1 building of up to 31 floors. It offers 3 BHK homes with carpet areas of 1,500 sq ft. MahaRERA proposed possession: Mar 2023, revised to Sep 2021.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Other wings & phases: Newa Bhakti Knowledge City Commercial Building Phase 1 · Newa Bhakti Park B Wing

Unit configurations filed with MahaRERA (2)
ConfigurationCarpetIndicative Price
2 BHK758 ft²₹1.36 Cr
3 BHK1,075 ft²₹1.94 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

Newa Bhakti Park - Wing A floor plans

2
Newa Bhakti Park - Wing A, Airoli — floor plan 1Newa Bhakti Park - Wing A, Airoli — floor plan 2

Floor plans are indicative, as shared by the developer, and subject to change.

About Newa Bhakti Park - Wing A

Location

The project is in Airoli, Mumbai 400708, in the Thane district. Across 1 recent resale listings on MPE, homes in Airoli have a median asking rate of ₹29,387 per sq ft, and a 2 BHK typically rents for about ₹70,000 a month.

MahaRERA record

Newa Bhakti Park - Wing A is registered with MahaRERA under P51700006954, dated 14 June 2020. The registered promoter is Newa Technocity (I) Private Limited. The filing lists 1 wing: NEWA BHAKTI PARK A WING over 31 floors. According to MahaRERA, the architect on record is Piyush M Vaishnav and the project escrow account is with HDFC Bank.

Homes and prices

The price list covers 3 BHK of 1,500 sq ft at ₹2.7 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹18,000 per sq ft of carpet, 39% below the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 100%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Mar 2023, revised to Sep 2021.

Developer track record

Newa Group has 3 projects tracked on Mumbai Property Exchange, 2 of them delivered (ready or sold out). Other projects by the same developer include Newa Bhakti Park - Wing B.

Buyer demand in Airoli

In the last 90 days, buyers and tenants registered 8 requirements for Airoli with Mumbai Property Exchange, 3 of them to buy.

Developer's description ▾
Newa Bhakti Park is a Residential Project Developed by the Newa Group. It is located at Airoli. Airoli is well-connected to other parts of Navi Mumbai and Mumbai through various modes of transportation. The Airoli Bridge, also known as Thane Creek Bridge, connects Airoli to Thane, while the Eastern Express Highway provides access to the rest of Mumbai. The Thane-Belapur Road is a major arterial road that runs through Airoli. Surrounded by lush landscapes and water bodies. 25 acre luxurious project comprises of 29 storeys Twin Residential Towers. Spacious 2, 3 & 4 BHK homes with guaranteed views of sunrise, sunset or seashore. 12 acre lush green garden. Has all modern amenities and facilities. It is aReady Possession Project.

Airoli market

prices, rents & rates

Price vs locality

₹18,000
/sqft · Airoli rate-band mid-point ₹32,500
45% below mid-point

Airoli — resale, rent & yield

Resale
₹29,387/sqft
median · 1 listings
Rent
₹66.9/sqft/mo
2 BHK ~₹70,000/mo
Gross yield
2.7%/yr
rent vs resale value

This project is quoted around ₹18,000/sqft — 39% below resale here.

From MPE live listings, last 18 months · Mumbai price index ›

Property rates in Airoli

Residential · Sale
₹30,000–35,000/sqft
Commercial · Sale
₹10,000–20,000/sqft
2 BHK · Rent
₹40,000–70,000/mo

Upcoming projects & infrastructure in Airoli

take an informed decision

15 MahaRERA projects are due to hand over in Airoli between 2027 and 2031; the nearest upcoming infrastructure to Newa Bhakti Park - Wing A is the Airoli-Katai Naka Tunnel Road, 2.1 km away (under construction · due 2027).

15
MahaRERA projects handing over in the next 5 years
in Airoli
₹23,900/sqft
typical asking price
steady this quarter
New projects in Airoli by possession year
1
2027
5
2028
3
2029
4
2030
2
2031

Supply is not evenly spread — one year carries about a third of it.

Metro & infrastructure near Newa Bhakti Park - Wing A
  • 🚇Airoli-Katai Naka Tunnel RoadUnder construction · due 20272.1 km
  • 🚇Line 4 GreenUnder construction · due 20273.1 km
  • 🚇Line 5 OrangeUnder construction · due 20273.1 km
  • 🚇Line 14 (Kanjurmarg-Badlapur/Ambernath)Approved3.2 km
  • 🚄Mumbai-Ahmedabad Bullet TrainUnder construction · due 20293.5 km
In the full Airoli report

🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

RERA record & possession

Possession (proposed)
Mar 2023
Possession (revised)
Sep 2021
MahaRERA No.
P51700006954
Data last updated
Sep 2026
Registered
2020-06-14
Escrow Bank
HDFC BANK
Architect
Piyush M Vaishnav
Total FSI
9,463

Buildings · 1 wing

NEWA BHAKTI PARK A WING · 31 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation100%
Structure100%
Finishing100%
Services100%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Podiums (if any)100%
Sanitary Fittings within the flats / premises100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%

What you pay, and when

an example

This is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.

In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.

Example: 3 BHK · 1500 sq ft at ₹2.70 Cr (the price recorded above).

Due soon after booking~₹2.56 Cr95%, stages already done
Balance till possession~₹13.5 Las the last stages finish
Stamp duty + GST~₹16.2 L + ₹13.5 L6% + 5%, plus ~₹30,000 registration
  1. ✓ Plinth complete45% paid by then
  2. ✓ Slabs complete70% paid by then
  3. ✓ Walls, plaster & flooring75% paid by then
  4. ✓ Sanitary fittings80% paid by then
  5. ✓ Staircases, lift wells & lobbies85% paid by then
  6. ✓ Lifts, pumps, plumbing & elevation95% paid by then
  7. ○ Possession100%

With a home loan: banks usually fund up to 75% (₹2.02 Cr here), released stage by stage, so your own money is about ₹67.5 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹1.76 L/month (8.5%, 20 years).

Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.

💬 Talk through the numbers with an MPE advisor

Amenities

13
Electrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingOpen ParkingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And Disposal
+5 more ▾
Storm Water DrainsStreet LightingTreatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvesting

Connectivity

Railway
20min
Airport
25min
Hospital
15min
School
10min

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

Resale Flats for Sale in Airoli

3

Flats for Rent in Airoli

1

More by Newa Group

MahaRERA projects nearby in Airoli

Frequently Asked Questions

Where is Newa Bhakti Park - Wing A located?

Newa Bhakti Park - Wing A is in Airoli, Mumbai 400708.

What is the price of Newa Bhakti Park - Wing A?

Newa Bhakti Park - Wing A is sold out by the developer; ask MPE for resale or rental flats in this building.

What configurations and carpet areas does Newa Bhakti Park - Wing A offer?

3 BHK – 1,500 sq ft carpet.

When is possession of Newa Bhakti Park - Wing A?

As per MahaRERA, proposed possession is Mar 2023, revised to Sep 2021.

Is Newa Bhakti Park - Wing A RERA-registered?

Yes — MahaRERA registration P51700006954, registered 2020-06-14.

How many units does Newa Bhakti Park - Wing A have?

MahaRERA records 108 units, up to 31 floors.

Who is the developer of Newa Bhakti Park - Wing A?

Newa Group — 3 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Airoli?

15 MahaRERA-registered projects in Airoli are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Newa Bhakti Park - Wing A?

Airoli-Katai Naka Tunnel Road — under construction · due 2027, 2.1 km away; Line 4 Green — under construction · due 2027, 3.1 km away; Line 5 Orange — under construction · due 2027, 3.1 km away; Line 14 (Kanjurmarg-Badlapur/Ambernath) — approved, 3.2 km away. Timelines are as announced and can change.

How do I book or get more details?

Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.

Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-09-28). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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