Hem Ratan Apartments

Location

Hem Ratan Apartments is located on Old Nagardas Road, Jijamata Colony, Andheri East (Mumbai 400069), in the Mumbai Suburban district. Across 106 recent resale listings on MPE, homes in Andheri East have a median asking rate of ₹28,630 per sq ft, and a 2 BHK typically rents for about ₹82,000 a month.

MahaRERA record

The MahaRERA registration number is P51800051371, issued on 22 November 2023. The registered promoter is New India Construction Company. The filing lists 2 wings: HEM RATAN APARTMENTS with 3 units over 21 floors; KAMLESH APARTMENTS over 19 floors. Per the registration, the architect on record is Kulin B Patrawala and the project escrow account is with HDFC Bank.

Homes and prices

Configurations recorded are 3 BHK of 1,254 sq ft at ₹4.7 Cr; 4 BHK of 1,567 sq ft at ₹5.15 Cr–₹5.55 Cr (carpet area), as on 08 Aug 2026. That works out to about ₹32,900–₹37,500 per sq ft of carpet, 24% 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 70%, finishing at 2%, services at 15%. Proposed possession is Apr 2027.

Developer track record

Nicco has 7 projects tracked on Mumbai Property Exchange, 4 of them delivered (ready or sold out). Other projects by the same developer include Gautam Dhan , Ranes Trimurti CHSL, Newa Bhakti Park - Wing B.

Buyer demand in Andheri East

In the last 90 days, buyers and tenants registered 49 requirements for Andheri East with Mumbai Property Exchange, 16 of them to buy and 4 specifically for 3 & 4 BHK homes.