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Lifecycle requires verificationMahaRERA P51700023209

Kalyan · Mumbai

Mahindra Happinest Kalyan Project B

Off Mumbai Nashik Highway, Kalyan · by Mahindra Lifespaces

Updated Oct 2026

🗺 View on map · schools, metro & distances

The story at a glance

Sandeep Sadh, Mumbai Property Exchange
Sandeep Sadh · Founder, Mumbai Property Exchange
MahaRERA A51800043517 · in Mumbai real estate since 1995
795
Units
2025
Possession
7
Buildings
Certificate Signed
Status

A first look at Mahindra Happinest Kalyan Project B

Mahindra Happinest Kalyan Project B is a residential project on Off Mumbai Nashik Highway, Kalyan, Mumbai 421311. It is registered with MahaRERA under P51700023209 (registered 2021-12-29). The project has 795 units across 7 buildings of up to 23 floors. It offers 1 & 2 BHK homes with carpet areas of 414–600 sq ft, priced ₹46 Lac–₹65 Lac as on 09 Jul 2026 (indicative). MahaRERA proposed possession: Jun 2025.

Lifecycle requires verification.

Ask an advisor to verify the current project and inventory status.

Part of Mahindra Happinest Kalyan, Kalyan

Other wings & phases: Mahindra Happinest Kalyan Project A

Availability & Pricing

TypeCarpetPriceAvail
1 BHK414 ft²₹46 Lac—
2 BHK536 ft²₹57 Lac—
2 BHK600 ft²₹65 Lac—

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
Unit configurations filed with MahaRERA (3)
ConfigurationCarpetIndicative Price
Shop123–309 ft²On request
1 BHK335–415 ft²On request
2 BHK495–601 ft²On request
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

Mahindra Happinest Kalyan Project B floor plans

2
Mahindra Happinest Kalyan Project B, Kalyan — floor plan 1Mahindra Happinest Kalyan Project B, Kalyan — floor plan 2

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

Mahindra Happinest Kalyan Project B videos

About Mahindra Happinest Kalyan Project B

Location

Mahindra Happinest Kalyan Project B stands on Off Mumbai Nashik Highway in Kalyan, Mumbai 421311, in the Thane district.

MahaRERA record

The MahaRERA registration number is P51700023209, issued on 29 December 2021. The registered promoter is MAHINDRA HAPPINEST DEVELOPERS LIMITED(Formerly known as Mahindra Happinest Developers Pvt. Ltd.). The filing lists 7 wings: Tower 1 Commercial with 11 units over 1 floors; Tower 2 Commercial with 8 units over 1 floors; Tower 3 with 179 units over 15 floors; Tower 4 with 183 units over 15 floors; Tower 5 Wing A with 116 units over 15 floors; Tower 5 Wing B with 118 units over 15 floors; Tower 7 with 180 units over 23 floors. Per the registration, the architect on record is Sandeep Shikre & Associates and the project escrow account is with HDFC Bank.

Homes and prices

Homes on offer are 1 BHK of 414 sq ft at ₹46 Lac; 2 BHK of 536–600 sq ft at ₹57 Lac–₹65 Lac (carpet area), as on 09 Jul 2026. That works out to about ₹10,600–₹11,100 per sq ft of carpet. Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 73%, structure at 51%, finishing at 0%, services at 0%. Proposed possession is Jun 2025.

Developer track record

Mahindra Lifespaces has 15 projects tracked on Mumbai Property Exchange, 9 of them delivered (ready or sold out). Other projects by the same developer include Mahindra Meridian, Mahindra BeaconHill, Mahindra Rainforest.

Buyer demand in Kalyan

In the last 90 days, buyers and tenants registered 27 requirements for Kalyan with Mumbai Property Exchange, 5 of them to buy and 8 specifically for 1 & 2 BHK homes.

Kalyan market

prices, rents & rates

Property rates in Kalyan

Residential · Sale
₹10,000–15,000/sqft
Commercial · Sale
₹6,500–10,000/sqft
2 BHK · Rent
₹15,000–35,000/mo

Upcoming projects & infrastructure in Bhiwandi

take an informed decision

63 MahaRERA projects are due to hand over in Bhiwandi between 2026 and 2030.

63
MahaRERA projects handing over in the next 5 years
in Bhiwandi
₹6,100/sqft
ready reckoner rate (government) · carpet
2025-26 · highest govt zone rate in the area, shown per sq ft carpet · stamp duty is charged on the higher of this and the deal value
New projects in Bhiwandi by possession year
2
2026
16
2027
21
2028
15
2029
9
2030

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

Questions about Bhiwandi prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Bhiwandi, 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

Possession (proposed)
Jun 2025
Project status
New
MahaRERA No.
P51700023209
Data last updated
Oct 2026
Registered
2021-12-29
Escrow Bank
HDFC BANK
Architect
Sandeep Shikre & Associates
Total FSI
31,842

Buildings · 7 wings

795 units
Tower 1 Commercial · 1 fl · 11 u
Tower 2 Commercial · 1 fl · 8 u
Tower 3 · 15 fl · 179 u
Tower 4 · 15 fl · 183 u
Tower 5 Wing A · 15 fl · 116 u
Tower 5 Wing B · 15 fl · 118 u
Tower 7 · 23 fl · 180 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Neighbourhood around Mahindra Happinest Kalyan Project B

Mahindra Happinest Kalyan Project B in Kalyan is and 1.3 km from Dhanwantari Multispeciality Hospital.

  • 🏥 HospitalDhanwantari Multispeciality Hospital1.3 km
  • 🏥 HospitalPranayu Multispeciality Hospital1.4 km

Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →

Construction progress

per MahaRERA
Foundation73%
Structure51%
Finishing0%
Services0%
See all 14 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Slabs of Super Structure100%
Basement (if any)70%
Plinth70%
Slabs of Super Structure53%
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%
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%

What you pay, and when

an example

This 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: 2 BHK · 536 sq ft at ₹57.0 L (the price recorded above).

Due soon after booking~₹39.9 L70%, stages already done
Balance till possession~₹17.1 Las the last stages finish
Stamp duty + GST~₹3.4 L + ₹2.9 L6% + 5%, plus ~₹30,000 registration
  1. ✓ Plinth complete45% paid by then
  2. ✓ Slabs complete70% paid by then
  3. ○ Walls, plaster & flooring75% paid by then
  4. ○ Sanitary fittings80% paid by then
  5. ○ Staircases, lift wells & lobbies85% paid by then
  6. ○ Lifts, pumps, plumbing & elevation95% paid by then
  7. ○ Possession100%

With a home loan: banks usually fund up to 75% (₹42.8 L here), released stage by stage, so your own money is about ₹14.2 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹37,100/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 advisor

Amenities declared to MahaRERA

13
Aggregate area of recreational Open SpaceElectrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And Disposal
+5 more ▾
Storm Water DrainsStreet LightingTreatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvesting

Members' lens

The developer's full amenity list, views and home features

From the builder's brochure and the homes we have listed here. The list above is what was declared to MahaRERA.

13 brochure amenities
Sign in free to see them

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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 Kalyan

1

More by Mahindra Lifespaces

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Frequently Asked Questions

Where is Mahindra Happinest Kalyan Project B located?

Mahindra Happinest Kalyan Project B is on Off Mumbai Nashik Highway, Kalyan, Mumbai 421311.

What is the price of Mahindra Happinest Kalyan Project B?

1 & 2 BHK homes are priced ₹46 Lac–₹65 Lac as on 09 Jul 2026. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Mahindra Happinest Kalyan Project B offer?

1 BHK – 414 sq ft carpet at ₹46 Lac; 2 BHK – 536 sq ft carpet at ₹57 Lac; 2 BHK – 600 sq ft carpet at ₹65 Lac.

When is possession of Mahindra Happinest Kalyan Project B?

As per MahaRERA, proposed possession is Jun 2025.

Is Mahindra Happinest Kalyan Project B RERA-registered?

Yes — MahaRERA registration P51700023209, registered 2021-12-29.

How many units does Mahindra Happinest Kalyan Project B have?

MahaRERA records 795 units across 7 buildings, up to 23 floors.

Who is the developer of Mahindra Happinest Kalyan Project B?

Mahindra Lifespaces — 15 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Bhiwandi?

63 MahaRERA-registered projects in Bhiwandi 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.

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 2026-10-08). 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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