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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Completed/historical project — current inventory unconfirmedMahaRERA P51800034670

Santacruz West · Mumbai

Fernvel

Santacruz West · by P R Builders

Updated Sep 2026

10
Units
2025
Possession
1
Buildings
Certificate Signed
Status

A first look at Fernvel

Fernvel is a residential project by P R Builders in Santacruz West, Mumbai 400054. It is registered with MahaRERA under P51800034670 (registered 2024-05-31). The project has 10 units across 1 building of up to 15 floors. It offers 2 & 3 BHK homes with carpet areas of 768–1,567 sq ft, priced ₹2.25 Cr–₹4.59 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹29,300 per sq ft. MahaRERA proposed possession: Dec 2025.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Availability & Pricing

TypeCarpetPriceAvail
2 BHK768 ft²₹2.25 Cr—
2 BHK867 ft²₹2.54 Cr—
3 BHK1246 ft²₹3.65 Cr—
3 BHK1567 ft²₹4.59 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

Fernvel floor plans

2
Fernvel, Santacruz West — floor plan 1Fernvel, Santacruz West — floor plan 2

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

About Fernvel

Location

The project is in Santacruz West, Mumbai 400054, in the Mumbai Suburban district. Across 80 recent resale listings on MPE, homes in Santacruz West have a median asking rate of ₹50,392 per sq ft, and a 2 BHK typically rents for about ₹1.4 Lac a month.

MahaRERA record

Fernvel is registered with MahaRERA under P51800034670, dated 31 May 2024. The registered promoter is P. R. Landmarks LLP. The filing lists 1 wing: FERNEL with 10 units over 15 floors. According to MahaRERA, the architect on record is S V Associates and the project escrow account is with HDFC Bank.

Homes and prices

The price list covers 2 BHK of 768–867 sq ft at ₹2.25 Cr–₹2.54 Cr; 3 BHK of 1,246–1,567 sq ft at ₹3.65 Cr–₹4.59 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹29,300 per sq ft of carpet, 42% below 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 100%, finishing at 100%, services at 100%. Proposed possession is Dec 2025.

Developer track record

P R Builders has 6404 projects tracked on Mumbai Property Exchange, 5283 of them delivered (ready or sold out). Other projects by the same developer include Gyan Gold Crest, Jewel Heights.

Buyer demand in Santacruz West

In the last 90 days, buyers and tenants registered 36 requirements for Santacruz West with Mumbai Property Exchange, 11 of them to buy and 22 specifically for 2 & 3 BHK homes.

Price vs Locality

₹29,294
/sqft · Santacruz West rate-band mid-point ₹82,500
64% below mid-point

Upcoming projects & infrastructure in Santacruz West

take an informed decision

32 MahaRERA projects are due to hand over in Santacruz West between 2026 and 2030; the nearest upcoming infrastructure to Fernvel is the Versova-Bandra Sea Link, 2.2 km away (under construction · due 2028).

32
MahaRERA projects handing over in the next 5 years
in Santacruz West
₹58,500/sqft▲
typical asking price
rising this quarter
₹17,100/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Santacruz West by possession year
1
2026
4
2027
12
2028
11
2029
4
2030

Supply is not evenly spread — one year carries about a third of it.

Metro & infrastructure near Fernvel
  • 🌉Versova-Bandra Sea LinkUnder construction · due 20282.2 km
  • 🚇Line 2B YellowOpened 20263.0 km
  • 🚇Line 3 AquaOpened 20253.5 km
  • 🚄Mumbai-Ahmedabad Bullet TrainUnder construction · due 20293.5 km
In the full Santacruz West 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.

Santacruz West — resale, rent & yield

Resale
₹50,392/sqft
median · 80 listings
Rent
₹167.2/sqft/mo
2 BHK ~₹140,000/mo
Gross yield
4.0%/yr
rent vs resale value

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
2 BHK769–868 ft²₹2.25 Cr–₹2.54 Cr
3 BHK1,247 ft²₹3.65 Cr
3 BHK With Terrace1,568 ft²₹4.59 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)
Dec 2025
Project status
New
MahaRERA No.
P51800034670
Data last updated
Sep 2026
Registered
2024-05-31
Escrow Bank
HDFC BANK
Architect
S V Associates
Total FSI
2,266

Buildings · 1 wing

10 units
FERNEL · 15 fl · 10 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation100%
Structure100%
Finishing100%
Services100%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Podiums (if any)100%
Sanitary Fittings within the flats / premises100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%

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

🏠 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

Santacruz West market context

Property Rates in Santacruz West

Residential · Sale
₹55,000–110,000/sqft
Commercial · Sale
₹50,000–85,000/sqft
2 BHK · Rent
₹110,000–440,000/mo

Resale Flats for Sale in Santacruz West

4

Flats for Rent in Santacruz West

4

Commercial for Sale in Santacruz West

1

Commercial for Lease in Santacruz West

1

Commercial Projects in Santacruz West

More by P R Builders

MahaRERA projects nearby in Santacruz West

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 Fernvel located?

Fernvel is in Santacruz West, Mumbai 400054.

What is the price of Fernvel?

2 & 3 BHK homes are priced ₹2.25 Cr–₹4.59 Cr as on 09 Jul 2026, about ₹29,300 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Fernvel offer?

2 BHK – 768 sq ft carpet at ₹2.25 Cr; 2 BHK – 867 sq ft carpet at ₹2.54 Cr; 3 BHK – 1,246 sq ft carpet at ₹3.65 Cr; 3 BHK – 1,567 sq ft carpet at ₹4.59 Cr.

When is possession of Fernvel?

As per MahaRERA, proposed possession is Dec 2025.

Is Fernvel RERA-registered?

Yes — MahaRERA registration P51800034670, registered 2024-05-31.

How many units does Fernvel have?

MahaRERA records 10 units across 22 buildings, up to 15 floors.

Who is the developer of Fernvel?

P R Builders — 6404 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Santacruz West?

32 MahaRERA-registered projects in Santacruz West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Fernvel?

Versova-Bandra Sea Link — under construction · due 2028, 2.2 km away; Line 2B Yellow — opened 2026, 3.0 km away; Line 3 Aqua — opened 2025, 3.5 km away; Mumbai-Ahmedabad Bullet Train — under construction · due 2029, 3.5 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 2026-09-28). 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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