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Primary inventory recordedMahaRERA PM1180002400062

Bhandup · Mumbai

Advent Neel Residency

LBS Marg, Opp. Dreams Mall, Bhandup · by Advent Developers (Neel Realtors)

Updated Sep 2026

46
Units
2028
Possession
1
Buildings
Certificate Signed
Status

A first look at Advent Neel Residency

Advent Neel Residency is a residential project on LBS Marg, Opp. Dreams Mall, Bhandup, Mumbai 400078. It is registered with MahaRERA under PM1180002400062 (registered 2024-10-08). The project has 46 units across 1 building of up to 14 floors. It offers 1 & 2 BHK homes with carpet areas of 409–635 sq ft, priced ₹1.02 Cr–₹1.52 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹24,900 per sq ft. MahaRERA proposed possession: Dec 2028.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
1 BHK409 ft²₹1.02 Cr
1 BHK420 ft²₹1.05 Cr
2 BHK635 ft²₹1.52 Cr

Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp

About Advent Neel Residency

Location

The address of Advent Neel Residency is LBS Marg, Opp. Dreams Mall, Bhandup, Mumbai 400078, in the Mumbai Suburban district. Across 11 recent resale listings on MPE, homes in Bhandup have a median asking rate of ₹23,300 per sq ft, and a 2 BHK typically rents for about ₹60,000 a month.

MahaRERA record

Advent Neel Residency is registered with MahaRERA under PM1180002400062, dated 8 October 2024. The registered promoter is Neel Realtors. The filing lists 3 wings: Wing A with 46 units over 14 floors; Wing B over 4 floors; Wing C over 4 floors. According to MahaRERA, the architect on record is Manoj Dubbal & Associates and the project escrow account is with Indian Bank.

Homes and prices

The price list covers 1 BHK of 409–420 sq ft at ₹1.02 Cr–₹1.05 Cr; 2 BHK of 635 sq ft at ₹1.52 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹23,900–₹25,000 per sq ft of carpet, 7% 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 76%, structure at 35%, finishing at 3%, services at 35%. Proposed possession is Dec 2028.

Developer track record

Advent Developers has 5 projects tracked on Mumbai Property Exchange, 3 of them delivered (ready or sold out). Other projects by the same developer include Neelam Stellar Passcode Supremo, Neelyog Aarana, Neelyog Aawas.

Buyer demand in Bhandup

In the last 90 days, buyers and tenants registered 17 requirements for Bhandup with Mumbai Property Exchange, 8 of them to buy and 8 specifically for 1 & 2 BHK homes.

Price vs Locality

₹24,939
/sqft · Bhandup rate-band mid-point ₹30,000
17% below mid-point

Upcoming projects & infrastructure in Bhandup

take an informed decision

23 MahaRERA projects are due to hand over in Bhandup between 2027 and 2031; the nearest upcoming infrastructure to Advent Neel Residency is the Goregaon-Mulund Link Road (GMLR), 1.3 km away (under construction · due 2028).

23
MahaRERA projects handing over in the next 5 years
in Bhandup
₹23,700/sqft
typical asking price
easing this quarter
₹16,000/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Bhandup by possession year
1
2027
4
2028
9
2029
3
2030
6
2031

Supply is not evenly spread — one year carries almost half of it.

Metro & infrastructure near Advent Neel Residency
  • 🚇Goregaon-Mulund Link Road (GMLR)Under construction · due 20281.3 km
  • 🚇Line 4 GreenUnder construction · due 20273.0 km
  • 🚇Line 14 (Kanjurmarg-Badlapur/Ambernath)Approved3.1 km
In the full Bhandup 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.

Bhandup — resale, rent & yield

Resale
₹23,300/sqft
median · 11 listings
Rent
₹64.5/sqft/mo
2 BHK ~₹60,000/mo
Gross yield
3.3%/yr
rent vs resale value

This project is quoted around ₹24,939/sqft7% above resale here.

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

RERA record & possession

Possession (proposed)
Dec 2028
Project status
New
MahaRERA No.
PM1180002400062
Data last updated
Sep 2026
Registered
2024-10-08
Escrow Bank
INDIAN BANK
Architect
Manoj Dubbal & Associates
Total FSI
10,990

Buildings · 3 wings

46 units
Building - Wing A · 14 fl · 46 u
Building - Wing B · 4 fl · — u
Building - Wing C · 4 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation76%
Structure35%
Finishing3%
Services35%
See all 14 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Podiums (if any)100%
Stilt Floor100%
Stilt Floor60%
Slabs of Super Structure50%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …50%
Podiums (if any)45%
Slabs of Super Structure20%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …20%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…6%
Basement (if any)0%
External plumbing and external plaster, elevation, completion of terr…0%

Amenities

8
Aggregate area of recreational Open SpaceElectrical meter room, sub-station, r…Fire protection and fire safety requi…Landscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Storm Water DrainsWater SupplyWater conservation /Rain water harvesting

Talk to our MahaRERA advisor

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Bhandup market context

Property Rates in Bhandup

Residential · Sale
₹20,000–40,000/sqft
Commercial · Sale
₹20,000–45,000/sqft
2 BHK · Rent
₹55,000–100,000/mo

Resale Flats for Sale in Bhandup

4

Flats for Rent in Bhandup

2

Commercial for Lease in Bhandup

1

Commercial Projects in Bhandup

More by Advent Developers (Neel Realtors)

Compare Advent Neel Residency with similarly priced projects nearby

MahaRERA projects nearby in Bhandup

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 Advent Neel Residency located?

Advent Neel Residency is on LBS Marg, Opp. Dreams Mall, Bhandup, Mumbai 400078.

What is the price of Advent Neel Residency?

1 & 2 BHK homes are priced ₹1.02 Cr–₹1.52 Cr as on 09 Jul 2026, about ₹24,900 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Advent Neel Residency offer?

1 BHK – 409 sq ft carpet at ₹1.02 Cr; 1 BHK – 420 sq ft carpet at ₹1.05 Cr; 2 BHK – 635 sq ft carpet at ₹1.52 Cr.

When is possession of Advent Neel Residency?

As per MahaRERA, proposed possession is Dec 2028.

Is Advent Neel Residency RERA-registered?

Yes — MahaRERA registration PM1180002400062, registered 2024-10-08.

How many units does Advent Neel Residency have?

MahaRERA records 46 units across 8 buildings, up to 14 floors.

Who is the developer of Advent Neel Residency?

Advent Developers (Neel Realtors) — 5 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Bhandup?

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

What metro and infrastructure is near Advent Neel Residency?

Goregaon-Mulund Link Road (GMLR) — under construction · due 2028, 1.3 km away; Line 4 Green — under construction · due 2027, 3.0 km away; Line 14 (Kanjurmarg-Badlapur/Ambernath) — approved, 3.1 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.
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SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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