List PropertyWhatsApp
Best DealsNew Projects🗺️ Projects MapBuy a FlatRent a FlatCommercialBuilders & DevelopersWhy UsRERA SearchLocalitiesTools & CalculatorsNRI HubNews+ List Your Property💬 WhatsApp Us
Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA PR1270002502727

New Panvel · Mumbai

Neelkanth Laxmi

New Panvel · by Neelkanth Group Kalamboli

Updated Sep 2026

181
Units
2030
Possession
1
Buildings
Certificate Signed
Status

A first look at Neelkanth Laxmi

Neelkanth Laxmi is a residential project in New Panvel, Mumbai. It is registered with MahaRERA under PR1270002502727 (registered 2026-03-12). The project has 181 units across 1 building of up to 18 floors. It offers 1 & 2 BHK homes with carpet areas of 410–1,110 sq ft, priced ₹67 Lac–₹1.47 Cr as on 21 Jul 2026 (indicative). The quoted rate is about ₹13,200 per sq ft. MahaRERA proposed possession: Apr 2030, revised to Dec 2029.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
1 BHK410 ft²₹67 Lac
2 BHK755 ft²₹89 Lac
3½ BHK1110 ft²₹1.47 Cr

Prices as on 21 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

About Neelkanth Laxmi

Location

The project is in New Panvel, Mumbai, in the Raigarh district.

MahaRERA record

Neelkanth Laxmi is registered with MahaRERA under PR1270002502727, dated 12 March 2026. The registered promoter is Neelkanth Developers. The filing lists 2 wings: Wing A with 90 units over 18 floors; Wing B with 91 units over 18 floors.

Homes and prices

The price list covers 1 BHK of 410 sq ft at ₹67 Lac; 2 BHK of 755 sq ft at ₹89 Lac; 3½ BHK of 1,110 sq ft at ₹1.47 Cr (carpet area), as on 21 Jul 2026. That works out to about ₹11,800–₹16,300 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 60%, structure at 0%, finishing at 0%, services at 5%. Proposed possession is Apr 2030, revised to Dec 2029.

Developer track record

Neelkanth Group Kalamboli has 17 projects tracked on Mumbai Property Exchange, 12 of them delivered (ready or sold out). Other projects by the same developer include Neelkanth Dham, Shreeji Neelkanth, Neelkanth Darshan.

Buyer demand in New Panvel

In the last 90 days, buyers and tenants registered 14 requirements for New Panvel with Mumbai Property Exchange, 2 of them to buy and 6 specifically for 1 & 2 BHK homes.

Developer's description ▾
Neelkanth Laxmi is a thoughtfully designed residential cum commercial project in New Panvel, offering a perfect blend of elegance, comfort, and everyday convenience. Built with an earthquake-resistant RCC structure, this project ensures safety, durability, and long-term peace of mind for residents. Each flat at Neelkanth Laxmi is finished with premium quality internal paints, vitrified tile flooring in all rooms, and concealed plumbing with CP fittings, creating a modern and refined living space. The project also features CCTV surveillance at entry and exit points, an intercom system in every flat, closed car parking with separate visitor parking, and power backup for lifts and common areas, ensuring comfort and security at all times. Residents can enjoy a range of lifestyle amenities designed for all age groups, including a landscaped garden, gymnasium, children’s play area, jogging track, indoor games area, and a swimming pool. The addition of tree plantation enhances the green surroundings and promotes a healthy living environment. Located in the fast-growing area of New Panvel, Neelkanth Laxmi offers excellent connectivity and access to daily conveniences, making it an ideal choice for families and investors looking for a modern flat in New Panvel with quality construction, strong amenities, and future-ready infrastructure.

Price vs Locality

₹13,243
/sqft · New Panvel rate-band mid-point ₹12,500
6% above mid-point

Upcoming projects & infrastructure in New Panvel

take an informed decision

268 MahaRERA projects are due to hand over in New Panvel between 2026 and 2030; the nearest upcoming infrastructure to Neelkanth Laxmi is the Virar-Alibaug Multimodal Corridor, 1.0 km away (approved).

268
MahaRERA projects handing over in the next 5 years
in New Panvel
New projects in New Panvel by possession year
11
2026
71
2027
59
2028
77
2029
50
2030
Metro & infrastructure near Neelkanth Laxmi
  • 🛣️Virar-Alibaug Multimodal CorridorApproved1.0 km
In the full New Panvel 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.

New Panvel — resale, rent & yield

Rent
₹110.0/sqft/mo
2 BHK ~₹70,000/mo

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

RERA record & possession

Possession (proposed)
Apr 2030
Possession (revised)
Dec 2029
MahaRERA No.
PR1270002502727
Data last updated
Sep 2026
Registered
2026-03-12
Escrow Bank
Architect
Total FSI

Buildings · 2 wings

181 units
Neelkanth Laxmi - Wing A · 18 fl · 90 u
Neelkanth Laxmi - Wing B · 18 fl · 91 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation60%
Structure0%
Finishing0%
Services5%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …10%
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%
Stilt Floor0%

Amenities

16
Swimming PoolKids Play AreaGardenClubhouseIndoor GamesGymnasiumJogging TrackCCTV
+8 more ▾
24x7 SecurityVideo Door PhoneAC LiftsPower BackupWater HarvestingModular KitchenConcealed WiringConcealed Plumbing

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

New Panvel market context

Property Rates in New Panvel

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

Commercial Projects in New Panvel

More by Neelkanth Group Kalamboli

Compare Neelkanth Laxmi with similarly priced projects nearby

MahaRERA projects nearby in New Panvel

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 Neelkanth Laxmi located?

Neelkanth Laxmi is in New Panvel, Mumbai.

What is the price of Neelkanth Laxmi?

1 & 2 BHK homes are priced ₹67 Lac–₹1.47 Cr as on 21 Jul 2026, about ₹13,200 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Neelkanth Laxmi offer?

1 BHK – 410 sq ft carpet at ₹67 Lac; 2 BHK – 755 sq ft carpet at ₹89 Lac; 3½ BHK – 1,110 sq ft carpet at ₹1.47 Cr.

When is possession of Neelkanth Laxmi?

As per MahaRERA, proposed possession is Apr 2030, revised to Dec 2029.

Is Neelkanth Laxmi RERA-registered?

Yes — MahaRERA registration PR1270002502727, registered 2026-03-12.

How many units does Neelkanth Laxmi have?

MahaRERA records 181 units across 6 buildings, up to 18 floors.

Who is the developer of Neelkanth Laxmi?

Neelkanth Group Kalamboli — 17 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in New Panvel?

268 MahaRERA-registered projects in New Panvel are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Neelkanth Laxmi?

Virar-Alibaug Multimodal Corridor — approved, 1.0 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.

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 2026-09-13). 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
WhatsAppCall

Latest Mumbai Property News

View all news →