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Resale and rental stock live in this buildingMahaRERA P51900008204

Mahalaxmi · Mumbai

Minerva

Minerva Road, Off, NM Joshi Marg, Mahalaxmi · by Lokhandwala Infrastructure (P) Ltd

Updated Sep 2026

372
Units
2027
Possession
3
Buildings
Certificate Signed
Status

A first look at Minerva

Minerva is a residential project by Lokhandwala Infrastructure (P) Ltd on Minerva Road, Off, NM Joshi Marg, Mahalaxmi, Mumbai 400011. It is registered with MahaRERA under P51900008204 (registered 2025-12-29). The project has 372 units across 3 buildings of up to 42 floors. It offers 4 BHK homes with carpet areas of 2,019–2,136 sq ft, priced ₹13.12 Cr–₹13.88 Cr as on 06 Sep 2026 (indicative). The quoted rate is about ₹65,000 per sq ft. MahaRERA proposed possession: Apr 2027.

Resale and rental stock live in this building.

6 for sale · 6 for rent in this building right now, listed below.

Availability & Pricing

TypeCarpetPriceAvail
4 BHK2019 ft²₹13.12 Cr—
3½ BHK2058 ft²₹13.38 Cr—
4 BHK2136 ft²₹13.88 Cr—

Prices as on 06 Sep 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp

Property listings in Minerva

For sale
For rent

Minerva floor plans

2
Minerva, Mahalaxmi — floor plan 1Minerva, Mahalaxmi — floor plan 2

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

Minerva videos

About Minerva

Location

The address of Minerva is Minerva Road, Off, NM Joshi Marg, Mahalaxmi, Mumbai 400011, in the Mumbai City district. Across 52 recent resale listings on MPE, homes in Mahalaxmi have a median asking rate of ₹60,357 per sq ft, and a 2 BHK typically rents for about ₹1.85 Lac a month.

MahaRERA record

The MahaRERA registration number is P51900008204, issued on 29 December 2025. The registered promoter is Lokhandwala Kataria Construction Private Limited. The filing lists 3 wings: MINERVA 1A 1-39 with 200 units over 42 floors; MINERVA 1B 40-65 with 124 units over 26 floors; MINERVA 1C 66-79 with 48 units over 14 floors. Per the registration, the architect on record is AMIT THORAT and the project escrow account is with HDFC Bank.

Homes and prices

The price list covers 4 BHK of 2,019–2,136 sq ft at ₹13.12 Cr–₹13.88 Cr; 3½ BHK of 2,058 sq ft at ₹13.38 Cr (carpet area), as on 06 Sep 2026. That works out to about ₹65,000 per sq ft of carpet, 8% above 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 99%, finishing at 94%, services at 88%. Proposed possession is Apr 2027.

Developer track record

Lokhandwala Infrastructure (P) Ltd has 23 projects tracked on Mumbai Property Exchange, 23 of them delivered (ready or sold out).

Buyer demand in Mahalaxmi

In the last 90 days, buyers and tenants registered 15 requirements for Mahalaxmi with Mumbai Property Exchange, 3 of them to buy.

Developer's description ▾
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

₹64,983
/sqft · Mahalaxmi rate-band mid-point ₹72,500
10% below mid-point

Upcoming projects & infrastructure in Mahalaxmi

take an informed decision

7 MahaRERA projects are due to hand over in Mahalaxmi between 2027 and 2031; the nearest upcoming infrastructure to Minerva is the Worli-Sewri Connector, 1.3 km away (under construction · due 2026).

7
MahaRERA projects handing over in the next 5 years
in Mahalaxmi
₹70,100/sqft▲
typical asking price
rising this quarter
New projects in Mahalaxmi by possession year
2
2027
0
2028
1
2029
1
2030
3
2031
Metro & infrastructure near Minerva
  • 🚇Line 3 AquaOpened 20251.2 km
  • 🛣️Worli-Sewri ConnectorUnder construction · due 20261.3 km
  • 🛣️Coastal Road (Phase 1)Opened 20241.7 km
  • 🚇Line 11 GreenApproved1.9 km
  • 🌉MTHL / Atal SetuOpened 20243.3 km
📜 2,913 registered transactions (IGR) on record in Mahalaxmi, and we pull the latest registrations on request. Know what flats here actually transacted at before you negotiate — take an informed decision.
Ask for registered transactions ›
In the full Mahalaxmi 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.

Mahalaxmi — resale, rent & yield

Resale
₹60,357/sqft
median · 52 listings
Rent
₹221.2/sqft/mo
2 BHK ~₹185,000/mo
Gross yield
4.4%/yr
rent vs resale value

This project is quoted around ₹64,983/sqft — 8% above resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
3 BHK Typ1,214–1,427 ft²₹7.89 Cr–₹9.27 Cr
3.5 BHK2,058 ft²₹13.37 Cr
4 BHK Typ1,712–2,750 ft²₹11.13 Cr–₹17.87 Cr
4 BHK Duplex Typ2,655–3,016 ft²₹17.25 Cr–₹19.6 Cr
5 BHK Duplex Typ2,916–3,070 ft²₹18.95 Cr–₹19.95 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Apr 2027
Project status
Ongoing
MahaRERA No.
P51900008204
Data last updated
Sep 2026
Registered
2025-12-29
Escrow Bank
HDFC BANK
Architect
AMIT THORAT
Total FSI
61,271

Buildings · 3 wings

372 units
MINERVA 1A 1-39 · 42 fl · 200 u
MINERVA 1B 40-65 · 26 fl · 124 u
MINERVA 1C 66-79 · 14 fl · 48 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation100%
Structure99%
Finishing94%
Services88%
See all 14 stages ▾
Basement (if any)100%
Excavation100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Podiums (if any)100%
Slabs of Super Structure100%
Stilt Floor100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …99%
Slabs of Super Structure98%
External plumbing and external plaster, elevation, completion of terr…95%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…95%
Sanitary Fittings within the flats / premises95%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…85%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …70%

Amenities

12
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
+4 more ▾
Storm Water DrainsTreatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvesting

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

Mahalaxmi market context

Property Rates in Mahalaxmi

Residential · Sale
₹55,000–90,000/sqft
Commercial · Sale
₹50,000–90,000/sqft
2 BHK · Rent
₹130,000–280,000/mo

Resale Flats for Sale in Mahalaxmi

4

Flats for Rent in Mahalaxmi

4

Commercial for Sale in Mahalaxmi

2

Commercial for Lease in Mahalaxmi

2

Compare Minerva with similarly priced projects nearby

MahaRERA projects nearby in Mahalaxmi

Next steps — clarity before you step out

Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Frequently Asked Questions

Where is Minerva located?

Minerva is on Minerva Road, Off, NM Joshi Marg, Mahalaxmi, Mumbai 400011.

What is the price of Minerva?

4 BHK homes are priced ₹13.12 Cr–₹13.88 Cr as on 06 Sep 2026, about ₹65,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Minerva offer?

4 BHK – 2,019 sq ft carpet at ₹13.12 Cr; 3½ BHK – 2,058 sq ft carpet at ₹13.38 Cr; 4 BHK – 2,136 sq ft carpet at ₹13.88 Cr.

When is possession of Minerva?

As per MahaRERA, proposed possession is Apr 2027.

Is Minerva RERA-registered?

Yes — MahaRERA registration P51900008204, registered 2025-12-29.

How many units does Minerva have?

MahaRERA records 372 units, up to 42 floors.

Who is the developer of Minerva?

Lokhandwala Infrastructure (P) Ltd — 23 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Mahalaxmi?

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

What metro and infrastructure is near Minerva?

Line 3 Aqua — opened 2025, 1.2 km away; Worli-Sewri Connector — under construction · due 2026, 1.3 km away; Coastal Road (Phase 1) — opened 2024, 1.7 km away; Line 11 Green — approved, 1.9 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 2026-09-20). 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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