Matunga · Mumbai
Dev Ratna
Matunga · by K Patel Realty
Registered project name
DevratnaUpdated Oct 2026
🗺 View on map · schools, metro & distancesMatungaPhotos from the project record · tap to enlarge
The story at a glance
At a glance
swipe →- Line 3 Aqua1.5 km
- Line 4 Green1.6 km
- Line 11 Green1.6 km
A first look at Dev Ratna
Dev Ratna is a residential project by K Patel Realty in Matunga, Mumbai 400019. It is registered with MahaRERA under P51900002091 (registered 2017-07-31). Dev Ratna is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 20 units across 1 building of up to 28 floors. It offers 1, 2 & 3 BHK homes with carpet areas of 469–1,394 sq ft. MahaRERA proposed possession: Apr 2019, revised to Oct 2018.
Ask an advisor to check current resale or rental availability.
Unit configurations filed with MahaRERA (5)
Dev Ratna floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Dev Ratna
Location
Dev Ratna is located in Matunga, Mumbai 400019, in the Mumbai City district. Across 44 recent resale listings on MPE, homes in Matunga have a median asking rate of ₹48,700 per sq ft, and a 2 BHK typically rents for about ₹85,000 a month.
MahaRERA record
The MahaRERA registration number is P51900002091, issued on 31 July 2017. The registered promoter is K Patel And Co Pvt. Ltd.. The filing lists 1 wing: DEVRATNA over 28 floors. Per the registration, the architect on record is Pn Bhobe And Associatesarchitects and the project escrow account is with Bank Of Baroda.
Homes and prices
Configurations recorded are 1 BHK of 469 sq ft; 2 BHK of 845 sq ft; 3 BHK of 1,394 sq ft (carpet area), as on 09 Jul 2026. 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 80%, finishing at 20%, services at 30%. Proposed possession is Apr 2019, revised to Oct 2018.
Developer track record
K Patel Realty has 1587 projects tracked on Mumbai Property Exchange, 1324 of them delivered (ready or sold out). Other projects by the same developer include Chandak GreenBiz, Kanakia Privaasa, Brahma.
Buyer demand in Matunga
In the last 90 days, buyers and tenants registered 12 requirements for Matunga with Mumbai Property Exchange, 7 of them to buy and 8 specifically for 1, 2 & 3 BHK homes.
Developer's description ▾
K Patel, Dev Ratna - Ready Possession With OC.
Dev Ratna, Discover an elegantly designed structure amidst the greenery of the beautiful Five Gardens. In the midst of graceful and fragrant trees, we have spared no efforts in giving you convenience and every comfort.
Dev Ratna is a 21 (Ground + 4 Level Podium + 17 Residential Floors) storeys Ready Possession Project
and the location is Five Garden, Matunga and is developed by K Patel
Realty. Dev Ratna was launched in Dec 2015 and delivered on April 2019.
Dev Ratna is RERA approved has the Registration Number bearing P51900002091.
K Patel Realty also has other under construction
and ready possession and sold out projects like Samudraa, KP Govardhan,
Radha Krishna, Dev Ratna.
The property prices in Matunga are in the range of 28000 to 32000 for Outright for ready and under construction projects.
K Patel Realty currently has 2 Ready Possession projects.
Dev Ratna has good reviews and the ratings of this project are approximately 3 out of 5.
You
can download the brochure of Dev Ratna and you can see the latest
digital pictures, Floor Plans, Location Plans & Rate History on our
website.
The Bookings for the Ready Possession project Dev Ratna are open and we can set up a Site Visit any time at your Convenience.
Dev Ratna is approved by most of the Banks and for more details on the approved bank list, please connect with us.
Matunga market
prices, rents & ratesMatunga — resale, rent & yield
From MPE live listings, last 18 months · Mumbai price index ›
Upcoming projects & infrastructure in Matunga
take an informed decision29 MahaRERA projects are due to hand over in Matunga between 2027 and 2031; the nearest upcoming infrastructure to Dev Ratna is the Line 4 Green, 1.6 km away (under construction · due 2027).
Supply is not evenly spread — one year carries about a third of it.
- 🚇Line 3 AquaOpened 20251.5 km
- 🚇Line 4 GreenUnder construction · due 20271.6 km
- 🚇Line 11 GreenApproved1.6 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Matunga, then an advisor calls about your budget and configuration.
Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.
RERA record & possession
Buildings · 1 wing
Location
Neighbourhood around Dev Ratna
Dev Ratna in Matunga is 1.2 km from Acharya Atre Nagar metro station, 0.4 km from King's Circle railway station, 0.1 km from Lion's Pioneer High School and 0.5 km from Dr.Chhatres Maternity and Surgical Nursing Home.
- Ⓜ Metro stationAcharya Atre Nagar1.2 km
- Ⓜ Metro stationAntop Hill1.3 km
- 🚉 Railway stationKing's Circle0.4 km
- 🏫 SchoolLion's Pioneer High School0.1 km
- 🏫 SchoolShishuvan School0.2 km
- 🏥 HospitalDr.Chhatres Maternity and Surgical Nursing Home0.5 km
- 🏥 HospitalShanmukhananda Jasubhai R k shah Medical Centre0.6 km
- 🎓 CollegeModel English Night High School & Jr.College0.2 km
- 🛍 MallStar Mall1.5 km
- 🌳 ParkB.N. Maheshwari Udyan0.3 km
Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →
Construction progress
per MahaRERASee all 11 stages ▾
Amenities declared to MahaRERA
10+2 more ▾
Members' lens
The developer's full amenity list, views and home features
From the builder's brochure and the homes we have listed here. The list above is what was declared to MahaRERA.
Members only · one-time WhatsApp code · no spam
Connectivity
Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Ask about resale or rental optionsResale Flats for Sale in Matunga
4
Flats for Rent in Matunga
4
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Frequently Asked Questions
Where is Dev Ratna located?
Dev Ratna is in Matunga, Mumbai 400019.
What is the price of Dev Ratna?
Dev Ratna is sold out by the developer; ask MPE for resale or rental flats in this building.
What configurations and carpet areas does Dev Ratna offer?
1 BHK – 469 sq ft carpet; 2 BHK – 845 sq ft carpet; 3 BHK – 1,394 sq ft carpet.
When is possession of Dev Ratna?
As per MahaRERA, proposed possession is Apr 2019, revised to Oct 2018.
Is Dev Ratna RERA-registered?
Yes — MahaRERA registration P51900002091, registered 2017-07-31.
How many units does Dev Ratna have?
MahaRERA records 20 units across 1 building, up to 28 floors.
Who is the developer of Dev Ratna?
K Patel Realty — 1587 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Matunga?
29 MahaRERA-registered projects in Matunga are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Dev Ratna?
Line 3 Aqua — opened 2025, 1.5 km away; Line 4 Green — under construction · due 2027, 1.6 km away; Line 11 Green — approved, 1.6 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.
How far is Dev Ratna from the nearest metro and railway station?
Dev Ratna is about 1.2 km from Acharya Atre Nagar metro station and 0.4 km from King's Circle railway station (straight-line distance; road distance is longer).
