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🏠 Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517✓ RERA-verified project data🟢 We reply in minutes on WhatsApp
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Minerva✓ MahaRERA P51900008204✓ Clear

Minerva by Lokhandwala Kataria Construction

Lokhandwala Kataria Construction
📍 Lower Parel, Mumbai City · 400011
372
Units
2023
Possession
3
Buildings
Certificate Signed
Status
PB
Pooja Batra · Senior Advisor
Mumbai Property Exchange · MahaRERA-registered since 2017
📞 Call💬 WhatsApp

Gallery

MinervaMinerva
i

Overview

Shapoorji Pallonji Minerva is a wonderful residential project situated in Mahalaxmi, Mumbai. It's developed by Shapoorji Pallonji, one of India's leading real estate developers. One of the project's main advantages is its prime location in Mahalaxmi, a sought-after neighbourhood in Mumbai. Mahalaxmi is well-developed and offers excellent connectivity to other parts of the city. It's close to major roads, railway stations, metro stations, and bus stations, making it convenient for daily commuting. The area also has plenty of shopping options and amenities nearby. The upcoming infrastructure improvements in and close to Mahalaxmi will enhance connectivity and boost real estate demand. Following are a few upcoming developments. Minerva is a 91- storeyed building overlooking Mahalakshmi Racecourse and the Arabian Sea. 3.5 & 4 BHK apartments with sprawling decks. Launching Ultra-luxurious homes 54th floors and above. Ultra-modern amenities that are soon to be ready for use. Largest viewing decks on the 78th floor. Amenities & Features: Grand Triple height Air conditioned Lobby, Swimming Pool with temperature control, Fully Equipped Gym, Steam & Jacuzzi, Creche, Jogging Track, Cricket Pitch & Basketball Court And many more.

Price vs Locality

₹96,114
/sqft · locality avg ₹82,500
17% above avg

Mahalaxmi — resale, rent & yield

Resale
₹56,490/sqft
median · 42 listings
Rent
₹216.2/sqft/mo
2 BHK ~₹185,000/mo
Gross yield
4.6%/yr
rent vs resale value

This project is quoted around ₹96,114/sqft70% above resale here.

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

01

Possession Timeline

Proposed
Dec 2023
Status
Ongoing
02

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
3 BHK Typ1,214–1,427 ft²₹11.67 Cr–₹13.72 Cr
3.5 BHK2,058 ft²₹19.78 Cr
4 BHK Typ1,712–2,750 ft²₹16.45 Cr–₹26.43 Cr
4 BHK Duplex Typ2,655–3,016 ft²₹25.52 Cr–₹28.99 Cr
5 BHK Duplex Typ2,916–3,070 ft²₹28.03 Cr–₹29.51 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Live availability, floor plans & today's price — on WhatsApp
03

RERA Trust Record

MahaRERA No.
P51900008204
Registered
2025-12-29
Litigation
None on record
Escrow Bank
HDFC BANK
Architect
Amit
Total FSI
61271
04

Buildings · 3 Wing(s)

MINERVA 1A 1-3944 floors · 200 units
MINERVA 1B 40-6526 floors · 124 units
MINERVA 1C 66-7914 floors · 48 units
05

Land DNA · Genesis

Redevelopment / SRA / MHADA / MMRDA / Freehold — provenance from MPE's verification layer. The genesis no portal shows.
06

Location

📍 Lower Parel
18.988477200000000,72.829193300000040
▸ Explore map & Street View — for verified buyers
07

Promoter & Professionals

Lokhandwala Kataria Construction Private LimitedNA
AMIT THORATArchitect
09

Construction Progress

96% avg
Basement (if any)100%
Excavation100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Plinth100%
Podiums (if any) 100%
Slabs of Super Structure100%
Stilt Floor 100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks99%
Slabs of Super Structure98%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.95%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.95%
Sanitary Fittings within the flats / premises95%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises85%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks70%
10

Amenities

Electrical meter room, sub-station, receiving stationEnergy managemcntFire protection and fire safety requirementsInternal Roads & FootpathsLandscaping & Tree PlantingOpen ParkingSewerage (Chamber, Lines, Septic Tank , STP)Solid Waste Management And DisposalStorm Water DrainsTreatment And Disposal Of Sewage And Sullage WaterWater SupplyWater conservation /Rain water harvesting
12

Floor Plans, E-Brochure & Payment Plans

📐 Unit floor plans📄 Official e-brochure💳 Payment plans · 20:80 · subvention · current offers

Shared on WhatsApp by our MahaRERA advisor — including the latest builder offers and payment schemes we don't list publicly.

💬 Get floor plan, brochure & offers on WhatsApp
13

EMI Calculator

08

Property Rates in Lower Parel

Residential · Sale
₹60,000–105,000/sqft
Commercial · Sale
₹75,000–110,000/sqft
2 BHK · Rent
₹165,000–275,000/mo
09

Resale Flats for Sale in Lower Parel

4
India Bulls Sky Forest₹12.00 Cr
3 BHK · 2600 sqft
India Bulls Sky Forest
📍 Lower Parel
India Bulls Sky Forest₹20.00 Cr
5 BHK · 3250 sqft
India Bulls Sky Forest
📍 Lower Parel
India Bulls Sky Forest₹18.00 Cr
4 BHK · 3150 sqft
India Bulls Sky Forest
📍 Lower Parel
Siddharth Enclave₹2.50 Cr
2 BHK · 850 sqft
Siddharth Enclave
📍 Lower Parel
10

Flats for Rent in Lower Parel

4
India Bulls Sky Forest₹6.5 L/mo
4 BHK · 3500 sqft
India Bulls Sky Forest
📍 Lower Parel
India Bulls Sky Forest₹4.0 L/mo
3 BHK · 1700 sqft
India Bulls Sky Forest
📍 Lower Parel
Darshan Rico₹2.0 L/mo
2 BHK · 920 sqft
Darshan Rico
📍 Lower Parel
Neumec Elegance₹1.0 L/mo
Unit · 400 sqft
Neumec Elegance
📍 Lower Parel
11

Commercial for Sale in Lower Parel

4
Trade world₹43.00 Cr
Office · 10500 sqft
Trade world
📍 Lower Parel
Marathon Innova₹16.00 Cr
Office Space · 2650 sqft
Marathon Innova
📍 Lower Parel
Ion House₹120.00 Cr
Showroom · 30000 sqft
Ion House
📍 Lower Parel
Shah and Nahar Industrial Estate₹5.00 Cr
Commercial Office Space · 975 sqft
Shah and Nahar Industrial Estate
📍 Lower Parel
12

Commercial for Lease in Lower Parel

2
Lodha Supremus₹11.0 L/mo
Office · 2400 sqft
Lodha Supremus
📍 Lower Parel
Raghuvanshi Mills₹4.0 L/mo
Office Space · 2000 sqft
Raghuvanshi Mills
📍 Lower Parel
13

Commercial Projects in Lower Parel

Marathon FuturexSold OutLodha SignetSold Out
15

MahaRERA projects nearby in Lower Parel

7 Mahalaxmi - Tower 1 271 unitsRunwal Raaya - Tower 1193 unitsNavkar Omnia153 unitsPlus Art111 unitsThe Grand Tower No 1103 unitsSumer Samaq Prime65 unitsThe Auro24 unitsMarathon Futurex 3Marathon Futurex 2Aetheria TowerUnity Tower Wing BAtlas Residency A And B
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Frequently Asked Questions

When is possession of Minerva?

As per MahaRERA, proposed possession is Dec 2023.

Is Minerva RERA-registered?

Yes — MahaRERA registration P51900008204, registered 2025-12-29. No litigations on record.

Who is the developer?

Lokhandwala Kataria Construction — 22 projects tracked on Mumbai Property Exchange.

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.

SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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✓ MahaRERA P51900079270★ Featured
Runwal Enterprises
7 Mahalaxmi, Mahalaxmi
2 BHK, 3 BHK, 4 BHK · ₹56,000/sq.ft · Possession Dec 2031
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