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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA P51900034493

Parel · Mumbai

Gundecha KBK Magnum Heights

Plot No. 7, Dr. SS Rao Road , Lalbaug, Next to Navroz Baug, Parel · by Gundecha Builders (Gundechaconstructionpvtltd)

Updated Sep 2026

194
Units
2027
Possession
1
Buildings
Certificate Signed
Status

A first look at Gundecha KBK Magnum Heights

Gundecha KBK Magnum Heights is a residential project on Plot No. 7, Dr. SS Rao Road , Lalbaug, Next to Navroz Baug, Parel, Mumbai 400012. It is registered with MahaRERA under P51900034493 (registered 2022-04-11). The project has 194 units across 1 building of up to 52 floors. It offers 2 & 3 BHK homes with carpet areas of 822–1,209 sq ft, priced ₹2 Cr–₹2.94 Cr as on 17 Aug 2026 (indicative). The quoted rate is about ₹24,300 per sq ft. MahaRERA proposed possession: Jul 2027.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
2 BHK822 ft²₹2 Cr—
2 BHK823 ft²₹2 Cr—
3 BHK1209 ft²₹2.94 Cr—

Prices as on 17 Aug 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 Gundecha KBK Magnum Heights

Location

The address of Gundecha KBK Magnum Heights is Plot No. 7, Dr. SS Rao Road , Lalbaug, Next to Navroz Baug, Parel, Mumbai 400012, in the Mumbai City district. Across 44 recent resale listings on MPE, homes in Parel have a median asking rate of ₹40,000 per sq ft, and a 2 BHK typically rents for about ₹1.35 Lac a month.

MahaRERA record

Gundecha KBK Magnum Heights is registered with MahaRERA under P51900034493, dated 11 April 2022. The registered promoter is Gundechaconstructionpvtltd. The filing lists 1 wing: GUNDECHA KBK MAGNUM A WING with 194 units over 52 floors. According to MahaRERA, the architect on record is Ace Consultants and the project escrow account is with ICICI Bank Ltd.

Homes and prices

The price list covers 2 BHK of 822–823 sq ft at ₹2 Cr; 3 BHK of 1,209 sq ft at ₹2.94 Cr (carpet area), as on 17 Aug 2026. That works out to about ₹24,300 per sq ft of carpet, 39% 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 70%, finishing at 10%, services at 30%. Proposed possession is Jul 2027.

Developer track record

Gundecha Builders has 13 projects tracked on Mumbai Property Exchange, 11 of them delivered (ready or sold out).

Buyer demand in Parel

In the last 90 days, buyers and tenants registered 18 requirements for Parel with Mumbai Property Exchange, 3 of them to buy and 5 specifically for 2 & 3 BHK homes.

Developer's description ▾
Experience luxurious urban living at Gundecha KBK Magnum Heights – Phase I by Gundecha Builders, an elegant residential development set in the prime locality of Lalbaug, Parel. Designed for discerning homebuyers, the project offers spacious, beautifully crafted homes complete with premium finishes and modern lifestyle amenities. Every detail—right from the refined interiors to the smart layout—has been thoughtfully planned to deliver a superior living experience. Strategically located in the heart of Lalbaug Parel, Magnum Heights provides exceptional connectivity to Mumbai’s key business hubs, leading schools, reputed hospitals, shopping destinations, and cultural landmarks. Surrounded by a vibrant neighbourhood and supported by seamless access to daily conveniences, the project ensures an effortlessly comfortable lifestyle. For those seeking a luxurious residence in one of Mumbai’s most prestigious central locations, Gundecha KBK Magnum Heights Phase I stands out as the perfect blend of opulence, convenience, and timeless design—truly homes where everything feels exceptional.

Price vs Locality

₹24,318
/sqft · Parel rate-band mid-point ₹82,500
71% below mid-point

Upcoming projects & infrastructure in Parel

take an informed decision

3 MahaRERA projects are due to hand over in Parel between 2027 and 2031; the nearest upcoming infrastructure to Gundecha KBK Magnum Heights is the Worli-Sewri Connector, 0.7 km away (under construction · due 2026).

3
MahaRERA projects handing over in the next 5 years
in Parel
₹50,300/sqft▼
typical asking price
easing this quarter
New projects in Parel by possession year
0
2027
0
2028
2
2029
1
2030
0
2031

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

Metro & infrastructure near Gundecha KBK Magnum Heights
  • 🛣️Worli-Sewri ConnectorUnder construction · due 20260.7 km
  • 🚇Line 11 GreenApproved0.9 km
  • 🚇Line 3 AquaOpened 20252.3 km
  • 🌉MTHL / Atal SetuOpened 20242.3 km
  • 🛣️Coastal Road (Phase 1)Opened 20242.6 km
📜 1,756 registered transactions (IGR) on record in Parel, and we pull the latest registrations on request. Know what flats here actually transacted at before you negotiate — take an informed decision.
Ask for registered transactions ›
In the full Parel 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.

Parel — resale, rent & yield

Resale
₹40,000/sqft
median · 44 listings
Rent
₹158.1/sqft/mo
2 BHK ~₹135,000/mo
Gross yield
4.7%/yr
rent vs resale value

This project is quoted around ₹24,318/sqft — 39% below resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
2 BHK822–823 ft²₹2 Cr–₹2 Cr
3 BHK1,209 ft²₹2.94 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)
Jul 2027
Project status
New
MahaRERA No.
P51900034493
Data last updated
Sep 2026
Registered
2022-04-11
Escrow Bank
ICICI BANK LIMITED
Architect
Ace Consultants
Total FSI
22,799

Buildings · 1 wing

194 units
GUNDECHA KBK MAGNUM A WING · 52 fl · 194 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation100%
Structure70%
Finishing10%
Services30%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Podiums (if any)100%
Stilt Floor100%
Slabs of Super Structure70%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …60%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…30%
External plumbing and external plaster, elevation, completion of terr…0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%
Sanitary Fittings within the flats / premises0%

Amenities

22
Swimming PoolKids Play AreaGardenClubhouseIndoor GamesMultipurpose HallGymnasiumJogging Track
+14 more ▾
Yoga RoomSpaCCTV24x7 SecurityVideo Door PhoneFire SafetyIntercomGated CommunityPower BackupWater HarvestingParkingVisitor ParkingConcealed WiringDesigner Fittings

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.

💬 Verify current project inventory

Parel market context

Property Rates in Parel

Residential · Sale
₹60,000–105,000/sqft
Commercial · Sale
₹75,000–110,000/sqft
2 BHK · Rent
₹165,000–275,000/mo

Resale Flats for Sale in Parel

4

Flats for Rent in Parel

4

Commercial for Sale in Parel

2

Commercial for Lease in Parel

1

Commercial Projects in Parel

Compare Gundecha-Kbk-Magnum Phase I with similarly priced projects nearby

MahaRERA projects nearby in Parel

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 Gundecha KBK Magnum Heights located?

Gundecha KBK Magnum Heights is on Plot No. 7, Dr. SS Rao Road , Lalbaug, Next to Navroz Baug, Parel, Mumbai 400012.

What is the price of Gundecha KBK Magnum Heights?

2 & 3 BHK homes are priced ₹2 Cr–₹2.94 Cr as on 17 Aug 2026, about ₹24,300 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Gundecha KBK Magnum Heights offer?

2 BHK – 822 sq ft carpet at ₹2 Cr; 2 BHK – 823 sq ft carpet at ₹2 Cr; 3 BHK – 1,209 sq ft carpet at ₹2.94 Cr.

When is possession of Gundecha KBK Magnum Heights?

As per MahaRERA, proposed possession is Jul 2027.

Is Gundecha KBK Magnum Heights RERA-registered?

Yes — MahaRERA registration P51900034493, registered 2022-04-11.

How many units does Gundecha KBK Magnum Heights have?

MahaRERA records 194 units across 5 buildings, up to 52 floors.

Who is the developer of Gundecha KBK Magnum Heights?

Gundecha Builders (Gundechaconstructionpvtltd) — 13 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Parel?

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

What metro and infrastructure is near Gundecha KBK Magnum Heights?

Worli-Sewri Connector — under construction · due 2026, 0.7 km away; Line 11 Green — approved, 0.9 km away; Line 3 Aqua — opened 2025, 2.3 km away; MTHL / Atal Setu — opened 2024, 2.3 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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