Resale and rental stock live in this buildingMahaRERA P51900020220

Matunga · Mumbai

Mahavir Ville

Bhandarkar Road, Opp. Matunga Kaburtarkhana, Matunga · by Shree Naman Group (Eknath Infrastructure LLP)

Updated Sep 2026

MatungaPhotos from the project record · tap to enlarge

155

Units

2028

Possession

Buildings

Certificate Signed

Status

A first look at Mahavir Ville

Mahavir Ville is a residential project by Shree Naman Group on Bhandarkar Road, Opp. Matunga Kaburtarkhana, Matunga, Mumbai 400019. It is registered with MahaRERA under P51900020220. The project has 155 units across 2 buildings of up to 35 floors. It offers 3 & 5 BHK homes with carpet areas of 1,026–2,359 sq ft, priced ₹4.99 Cr–₹11.49 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹48,900 per sq ft. MahaRERA proposed possession: Jun 2028.

Resale and rental stock live in this building.

4 for sale in this building right now, listed below.

Availability & Pricing

TypeCarpetPriceAvail

3 BHK1026 ft²₹4.99 Cr—

3 BHK1035 ft²₹5.04 Cr—

3 BHK1401 ft²₹6.82 Cr—

3 BHK1451 ft²₹7.07 Cr—

3 BHK1555 ft²₹7.75 Cr—

5 BHK2359 ft²₹11.49 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

Property listings in Mahavir Ville

For sale

₹2.30 Cr

1.5 BHK · 530 sq.ft carpet · Matunga

₹4.20 Cr

2.5 BHK · 850 sq.ft carpet · Matunga

₹1.85 Cr

1 BHK · 425 sq.ft carpet · Matunga

₹2.30 Cr

1.5 BHK · 530 sq.ft carpet · Matunga

Mahavir Ville floor plans

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

About Mahavir Ville

Location

Mahavir Ville stands on Bhandarkar Road, Opp. Matunga Kaburtarkhana in Matunga, Mumbai 400019, in the Mumbai City district. Across 16 recent resale listings on MPE, homes in Matunga have a median asking rate of ₹51,978 per sq ft, and a 2 BHK typically rents for about ₹1.26 Lac a month.

MahaRERA record

Mahavir Ville is registered with MahaRERA under P51900020220. The registered promoter is Eknath Infrastructure LLP. The filing lists 2 wings: WING C over 35 floors; WING C over 9 floors. According to MahaRERA, the project escrow account is with Yes Bank.

Homes and prices

Homes on offer are 3 BHK of 1,026–1,555 sq ft at ₹4.99 Cr–₹7.75 Cr; 5 BHK of 2,359 sq ft at ₹11.49 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹48,600–₹49,800 per sq ft of carpet, 6% 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 29%, structure at 0%, finishing at 0%, services at 0%. Proposed possession is Jun 2028.

Developer track record

Shree Naman Group has 270 projects tracked on Mumbai Property Exchange, 235 of them delivered (ready or sold out).

Buyer demand in Matunga

In the last 90 days, buyers and tenants registered 10 requirements for Matunga with Mumbai Property Exchange, 3 of them to buy and 2 specifically for 3 & 5 BHK homes.

Developer's description ▾

Mahavir Ville is a grand portrayal of wold-class architecture and engineering with distinctive features like an elevated e-deck and a good apartment to parking ratio. For those who wish to live in the new world of luxury without giving up the old charm of simplicity, Mahavir Ville makes the perfect abode. Mahavir Ville is a 33 storied Under Construction Project and the location is Mahavir Compound, Matunga and is developed by Shree Naman Group. Mahavir Ville was launched in Apr 2016 and the possession of the same is likely to be in Jun 2024. Mahavir Ville is RERA approved has the Registration Number bearing P51900020220. Mahavir Ville is tagged as RERA Approved / Investors Delight / Self Use / Lifestyle Property / Premium Property / RERA Approved. Shree Naman Group also has other under construction and ready possession and sold out projects like Naman Habitat, Naman Residency, Naman Premier, 126 Florencio, Mahavir Ville. The property prices in Matunga are in the range of 28000 to 32000 for Outright for ready and under construction projects. Shree Naman Group currently has 1 Ready Possession, 4 Under Construction projects. Mahavir Ville has good reviews and the ratings of this project are approximately 4 out of 5.

Upcoming projects & infrastructure in Matunga

take an informed decision

20 MahaRERA projects are due to hand over in Matunga between 2027 and 2031.

MahaRERA projects handing over in the next 5 years

in Matunga

₹50,600/sqft▼

typical asking price

easing this quarter

₹24,900/sqft

ready reckoner rate (government)

2025-26 · stamp duty is charged on the higher of this and the deal value

New projects in Matunga by possession year

2027

2028

2029

2030

2031

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

In the full Matunga report

🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices

💬 Get the detailed report on WhatsApp 📞 Talk to us

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

Matunga — resale, rent & yield

Resale

₹51,978/sqft

median · 16 listings

Rent

₹183.0/sqft/mo

2 BHK ~₹126,000/mo

Gross yield

4.2%/yr

rent vs resale value

This project is quoted around ₹48,880/sqft — 6% below resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price

3 BHK Smart1,020–1,117 ft²₹4.99 Cr–₹5.46 Cr

3 BHK Comfort1,258 ft²₹6.15 Cr

3 BHK Grand1,318–1,365 ft²₹6.44 Cr–₹6.67 Cr

5 BHK2,067 ft²₹10.1 Cr

Duplex2,584–2,684 ft²₹12.63 Cr–₹13.12 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)

Jun 2028

Project status

New

MahaRERA No.

P51900020220

Data last updated

Sep 2026

Registered

—

Escrow Bank

YES BANK

Architect

—

Total FSI

17,590

Buildings · 2 wings

MAHAVIR VILLE 1 TO 28 - WING C · 35 fl · — u

MAHAVIR VILLE 29-36 - WING C · 9 fl · — u

Location

📍 Matunga

Construction progress

per MahaRERA

7%average

Foundation29%

Structure0%

Finishing0%

Services0%

See all 14 stages ▾

Excavation88%

Basement (if any)55%

Plinth55%

Stilt Floor35%

Basement (if any)0%

Excavation0%

External plumbing and external plaster, elevation, completion of terr…0%

Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%

Internal walls, Intemal Plaster, Floorings, Floors and windows within…0%

Plinth0%

Podiums (if any)0%

Sanitary Fittings within the flats / premises0%

Slabs of Super Structure0%

Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …0%

Amenities

Swimming PoolTeak Wood DoorsHealth ClubModern ElevatorsGardenCC CameraBalconyMulti-purpose hall

+10 more ▾

kids’ pool with deckjogging track / reflexology path / wa…herbal gardenAmphitheatreGazebo sittingKids’ playSandpit for kidsFully equipped gymnasiumIndoor gamesRock climbing zone

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

Next steps — clarity before you step out

📄 Request e-brochure & floor plansShared on WhatsApp once you tell us your requirement 📅 Book a site visitPick a day — an MPE advisor accompanies you 🎥 Book a video walkthroughIn association with the developer: a briefing and full video walkthrough with their sales team on Google Meet, Teams or WhatsApp video — hosted by an MPE advisor, so you have clarity before you step out of the house

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 Mahavir Ville located?

Mahavir Ville is on Bhandarkar Road, Opp. Matunga Kaburtarkhana, Matunga, Mumbai 400019.

What is the price of Mahavir Ville?

3 & 5 BHK homes are priced ₹4.99 Cr–₹11.49 Cr as on 09 Jul 2026, about ₹48,900 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Mahavir Ville offer?

3 BHK – 1,026 sq ft carpet at ₹4.99 Cr; 3 BHK – 1,035 sq ft carpet at ₹5.04 Cr; 3 BHK – 1,401 sq ft carpet at ₹6.82 Cr; 3 BHK – 1,451 sq ft carpet at ₹7.07 Cr; 3 BHK – 1,555 sq ft carpet at ₹7.75 Cr; 5 BHK – 2,359 sq ft carpet at ₹11.49 Cr.

When is possession of Mahavir Ville?

As per MahaRERA, proposed possession is Jun 2028.

Is Mahavir Ville RERA-registered?

Yes — MahaRERA registration P51900020220.

How many units does Mahavir Ville have?

MahaRERA records 155 units across 2 buildings, up to 35 floors.

Who is the developer of Mahavir Ville?

Shree Naman Group (Eknath Infrastructure LLP) — 270 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Matunga?

20 MahaRERA-registered projects in Matunga are due for possession between 2027 and 2031, 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.

A first look at Mahavir Ville

Availability & Pricing

Property listings in Mahavir Ville

Mahavir Ville floor plans

About Mahavir Ville

Location

MahaRERA record

Homes and prices

Construction and possession

Developer track record

Buyer demand in Matunga

Upcoming projects & infrastructure in Matunga

Matunga — resale, rent & yield

Unit Configurations (per MahaRERA)

RERA record & possession

Buildings · 2 wings

Location

Construction progress

Amenities

Talk to our MahaRERA advisor

Resale Flats for Sale in Matunga

Flats for Rent in Matunga

Commercial Projects in Matunga

MahaRERA projects nearby in Matunga

Next steps — clarity before you step out

Frequently Asked Questions

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