Chembur · Mumbai
Godrej Sky Terraces - RKB
88 Deonar Farm Road, Raj Kapoor Bunglow, Chembur · by Godrej Properties
Registered project name
Godrej Sky TerracesUpdated Oct 2026
ChemburPhotos from the project record · tap to enlarge
At a glance
swipe →A first look at Godrej Sky Terraces - RKB
Godrej Sky Terraces - RKB is a residential project on 88 Deonar Farm Road, Raj Kapoor Bunglow, Chembur, Mumbai 400088. It is registered with MahaRERA under P51800053882 (registered 2023-12-08). The project has 76 units across 1 building of up to 23 floors. It offers 3 BHK homes with carpet areas of 1,335–1,516 sq ft, priced ₹7.5 Cr–₹8.5 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹57,000 per sq ft. MahaRERA proposed possession: Jul 2029.
Ask an advisor to verify current developer inventory and price.
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.
💬 Request latest price on WhatsAppUnit configurations filed with MahaRERA (3)
About Godrej Sky Terraces - RKB
Location
The address of Godrej Sky Terraces - RKB is 88 Deonar Farm Road, Raj Kapoor Bunglow, Chembur, Mumbai 400088, in the Mumbai Suburban district. Across 48 recent resale listings on MPE, homes in Chembur have a median asking rate of ₹31,300 per sq ft, and a 2 BHK typically rents for about ₹80,000 a month.
MahaRERA record
Godrej Sky Terraces - RKB is registered with MahaRERA under P51800053882, dated 8 December 2023. The registered promoter is Godrej Properties Limited. The filing lists 1 wing: Godrej Sky Terraces with 76 units over 23 floors. According to MahaRERA, the architect on record is R Design Architects and the project escrow account is with Axis Bank.
Homes and prices
The price list covers 3 BHK of 1,335–1,516 sq ft at ₹7.5 Cr–₹8.5 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹56,100–₹56,200 per sq ft of carpet, 80% 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 80%, structure at 95%, finishing at 15%, services at 2%. Proposed possession is Jul 2029.
Developer track record
Godrej Properties has 57 projects tracked on Mumbai Property Exchange, 31 of them delivered (ready or sold out). Other projects by the same developer include Godrej Vihaa Sky Gardens, Godrej Sky Shores, Godrej Bandra Bay.
Buyer demand in Chembur
In the last 90 days, buyers and tenants registered 46 requirements for Chembur with Mumbai Property Exchange, 18 of them to buy and 4 specifically for 3 BHK homes.
Chembur market
prices, rents & ratesPrice vs locality
Chembur — resale, rent & yield
This project is quoted around ₹57,000/sqft — 82% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Chembur
Upcoming projects & infrastructure in Chembur
take an informed decision131 MahaRERA projects are due to hand over in Chembur between 2026 and 2030.
Supply is not evenly spread — one year carries about a third of it.
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Chembur, 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
76 unitsLocation
Construction progress
per MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.
In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.
Example: 3 BHK · 1516 sq ft at ₹8.50 Cr (the price recorded above).
- ○ Plinth complete45% paid by then
- ○ Slabs complete70% paid by then
- ○ Walls, plaster & flooring75% paid by then
- ○ Sanitary fittings80% paid by then
- ○ Staircases, lift wells & lobbies85% paid by then
- ○ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹6.38 Cr here), released stage by stage, so your own money is about ₹2.12 Cr plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹5.53 L/month (8.5%, 20 years).
Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.
💬 Talk through the numbers with an MPE advisorAmenities
13+5 more ▾
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 (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.
Resale Flats for Sale in Chembur
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Frequently Asked Questions
Where is Godrej Sky Terraces - RKB located?
Godrej Sky Terraces - RKB is on 88 Deonar Farm Road, Raj Kapoor Bunglow, Chembur, Mumbai 400088.
What is the price of Godrej Sky Terraces - RKB?
3 BHK homes are priced ₹7.5 Cr–₹8.5 Cr as on 09 Jul 2026, about ₹57,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Godrej Sky Terraces - RKB offer?
3 BHK – 1,335 sq ft carpet at ₹7.5 Cr; 3 BHK – 1,516 sq ft carpet at ₹8.5 Cr.
When is possession of Godrej Sky Terraces - RKB?
As per MahaRERA, proposed possession is Jul 2029.
Is Godrej Sky Terraces - RKB RERA-registered?
Yes — MahaRERA registration P51800053882, registered 2023-12-08.
How many units does Godrej Sky Terraces - RKB have?
MahaRERA records 76 units across 4 buildings, up to 23 floors.
Who is the developer of Godrej Sky Terraces - RKB?
Godrej Properties — 57 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Chembur?
131 MahaRERA-registered projects in Chembur are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines 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.
