Chembur · Mumbai
Nakshatra
Chembur · by Metro Group
Updated Sep 2026
ChemburPhotos from the project record · tap to enlarge
A first look at Nakshatra
Nakshatra is a residential project by Metro Group in Chembur, Mumbai 400071. It is registered with MahaRERA under P51800002370 (registered 2021-09-09). The project has 36 units across 3 buildings of up to 6 floors. It offers 2, 3 & 4 BHK homes with carpet areas of 715–1,260 sq ft, priced ₹2 Cr–₹3.53 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹28,000 per sq ft. MahaRERA proposed possession: Mar 2023, revised to Mar 2022.
Ask an advisor to check current resale or rental availability.
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 WhatsAppNakshatra floor plans
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Floor plans are indicative, as shared by the developer, and subject to change.
Nakshatra videos
About Nakshatra
Location
Nakshatra is located in Chembur, Mumbai 400071, in the Mumbai Suburban district. Across 40 recent resale listings on MPE, homes in Chembur have a median asking rate of ₹40,000 per sq ft, and a 2 BHK typically rents for about ₹80,000 a month.
MahaRERA record
The MahaRERA registration number is P51800002370, issued on 9 September 2021. The registered promoter is Metro Developers Co.. The filing lists 3 wings: Ground to 2nd floor over 4 floors; Phase 2- 3rd to 6th floor over 4 floors; Phase 3- 7th to 12th Floor over 6 floors. Per the registration, the architect on record is Uday Dighe Architects and the project escrow account is with State Bank Of India.
Homes and prices
Homes on offer are 2 BHK of 715 sq ft at ₹2 Cr; 3 BHK of 753 sq ft at ₹2.11 Cr; 4 BHK of 1,260 sq ft at ₹3.53 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹28,000 per sq ft of carpet, 30% 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 100%, finishing at 100%, services at 100%. Proposed possession is Mar 2023, revised to Mar 2022.
Developer track record
Metro Group has 25 projects tracked on Mumbai Property Exchange, 16 of them delivered (ready or sold out). Other projects by the same developer include Metro Excellency, Metro Regalia, Regents Park.
Buyer demand in Chembur
In the last 90 days, buyers and tenants registered 39 requirements for Chembur with Mumbai Property Exchange, 16 of them to buy and 14 specifically for 2, 3 & 4 BHK homes.
Developer's description ▾
Nakshatra stands as a residential haven par excellence. With state-of-the-art amenities and top-notch construction quality. Super-spacious residences that surpass your expectations and deliver something that takes a step beyond comfort and luxury, Metro Group’s Nakshatra makes its mark as the prime residential destination in Chembur.
Hallmarks of Nakshatra:
- Nakshatra was launched in Feb 2017 and the possession of the same is likely to be in Dec 2020.
- MahaRERA number for Nakshtra is P51800002370.
- Proposed G+12 Storeyed Tower
- 2 & 4 BHK Luxury Residences
- Centrally located at the Heart of Chembur
- Surrounded by non-developable land, promising an uninterrupted view
- Showrooms on ground floor
- Automated car-parking tower
- Designer Kitchen with granite platform, stainless steel sink & service platform.
- Contemporary bathroom designs with branded sanitary and CP fittings.
- Italian marble flooring in living room.
The property prices in Chembur are in the range of 15500 to 21500 for Outright for ready and under construction projects.
Nakshatra has good reviews and the ratings of this project are approximately 3 out of 5.
You
can download the brochure of Nakshatra and you can see the latest
digital pictures, Floor Plans, Location Plans & Rate History on our
website. The Bookings for the Under Construction project Nakshatra are open and we can set up a Site Visit any time at your Convenience.
Nakshatra is approved by most of the Banks and for more details on the approved bank list, please connect with us.
Price vs Locality
Upcoming projects & infrastructure in Chembur
take an informed decision67 MahaRERA projects are due to hand over in Chembur between 2027 and 2031; the nearest upcoming infrastructure to Nakshatra is the Line 4 Green, 0.6 km away (under construction · due 2027).
- 🚇Line 4 GreenUnder construction · due 20270.6 km
- 🚇Line 2B YellowOpened 20260.7 km
- 🚇Line 3 AquaOpened 20253.0 km
- 🚄Mumbai-Ahmedabad Bullet TrainUnder construction · due 20293.0 km
🔒 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.
Chembur — resale, rent & yield
This project is quoted around ₹28,003/sqft — 30% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Unit Configurations (per MahaRERA)
RERA record & possession
Buildings · 3 wings
Location
Construction progress
per MahaRERASee all 11 stages ▾
Amenities
6Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Ask about resale or rental optionsChembur market context
Property Rates in Chembur
Resale Flats for Sale in Chembur
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Flats for Rent in Chembur
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Commercial for Sale in Chembur
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Commercial Projects in Chembur
More by Metro Group
MahaRERA projects nearby in Chembur
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 Nakshatra located?
Nakshatra is in Chembur, Mumbai 400071.
What is the price of Nakshatra?
2, 3 & 4 BHK homes are priced ₹2 Cr–₹3.53 Cr as on 09 Jul 2026, about ₹28,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Nakshatra offer?
2 BHK – 715 sq ft carpet at ₹2 Cr; 3 BHK – 753 sq ft carpet at ₹2.11 Cr; 4 BHK – 1,260 sq ft carpet at ₹3.53 Cr.
When is possession of Nakshatra?
As per MahaRERA, proposed possession is Mar 2023, revised to Mar 2022.
Is Nakshatra RERA-registered?
Yes — MahaRERA registration P51800002370, registered 2021-09-09.
How many units does Nakshatra have?
MahaRERA records 36 units across 14 buildings, up to 6 floors.
Who is the developer of Nakshatra?
Metro Group — 25 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Chembur?
67 MahaRERA-registered projects in Chembur are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Nakshatra?
Line 4 Green — under construction · due 2027, 0.6 km away; Line 2B Yellow — opened 2026, 0.7 km away; Line 3 Aqua — opened 2025, 3.0 km away; Mumbai-Ahmedabad Bullet Train — under construction · due 2029, 3.0 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.
