Dev Ratna
Registered project name
DevratnaDev Ratna is a residential project by K Patel Realty in Matunga, Mumbai 400019. It is registered with MahaRERA under P51900002091 (registered 2017-07-31). 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.
Availability & Pricing
Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.
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Gallery
Dev Ratna floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
Next steps
About Dev Ratna
Location
Dev Ratna is located in Matunga, Mumbai 400019. Across 15 recent resale listings on MPE, homes in Matunga have a median asking rate of ₹52,014 per sq ft, and a 2 BHK typically rents for about ₹1.26 Lac 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. The current MahaRERA source record reports no litigations.
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 1585 projects tracked on Mumbai Property Exchange, 1329 of them delivered (ready or sold out). Other projects by the same developer include Kalpataru Verbina, Kalpataru Elitus, Kalpataru Elaara.
Buyer demand in Matunga
In the last 90 days, buyers and tenants registered 8 requirements for Matunga with Mumbai Property Exchange, 2 of them to buy and 4 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.
Upcoming projects & infrastructure in Matunga
take an informed decision19 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 almost half of it.
- 🚇Line 3 AquaOpened 20251.5 km
- 🚇Line 4 GreenUnder construction · due 20271.6 km
- 🚇Line 11 GreenApproved1.6 km
🔒 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.
Matunga — resale, rent & yield
From MPE live listings, last 18 months · Mumbai price index ›
Unit Configurations (per MahaRERA)
RERA record & possession
Buildings · 1 wing
Location
Construction progress
per MahaRERASee all 11 stages ▾
Amenities
10+2 more ▾
Connectivity
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Frequently Asked Questions
Where is Dev Ratna located?
Dev Ratna is in Matunga, Mumbai 400019.
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. The current MahaRERA source record reports no litigations.
How many units does Dev Ratna have?
MahaRERA records 20 units across 4 buildings, up to 28 floors.
Who is the developer of Dev Ratna?
K Patel Realty — 1585 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Matunga?
19 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.
