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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Completed/historical project — current inventory unconfirmedMahaRERA P51800009307

Bhandup · Mumbai

Flying Kite

L.B.S Road, Bhandup · by Neptune Developers

Updated Sep 2026

112
Units
2019
Possession
1
Buildings
Certificate Signed
Status

A first look at Flying Kite

Flying Kite is a residential project by Neptune Developers on L.B.S Road, Bhandup, Mumbai 400078. It is registered with MahaRERA under P51800009307 (registered 2017-08-22). The project has 112 units across 1 building of up to 36 floors. It offers 2 & 3 BHK homes with carpet areas of 724–1,092 sq ft. MahaRERA proposed possession: Dec 2019, revised to Dec 2018.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Other wings & phases: Neptune Flying Kites A Wing - Right Wing

Availability & Pricing

TypeCarpetPriceAvail
2 BHK724 ft²On request
2 BHK737 ft²On request
3 BHK1092 ft²On request

Prices not recently confirmed. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp

Flying Kite floor plans

2
Flying Kite, Bhandup — floor plan 1Flying Kite, Bhandup — floor plan 2

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

About Flying Kite

Location

Flying Kite is located on L.B.S Road, Bhandup (Mumbai 400078), in the Mumbai Suburban district. Across 11 recent resale listings on MPE, homes in Bhandup have a median asking rate of ₹23,300 per sq ft, and a 2 BHK typically rents for about ₹60,000 a month.

MahaRERA record

Flying Kite is registered with MahaRERA under P51800009307, dated 22 August 2017. The registered promoter is Neptune Ventures And Developers Private Limited. The filing lists 1 wing: Neptune Flying Kites B Wing Left Wing over 36 floors. According to MahaRERA, the architect on record is Tarun Motta and the project escrow account is with HDFC Bank.

Homes and prices

Configurations recorded are 2 BHK of 724–737 sq ft; 3 BHK of 1,092 sq ft (carpet area). 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 100%, finishing at 100%, services at 100%. Proposed possession is Dec 2019, revised to Dec 2018.

Developer track record

Neptune Developers has 9 projects tracked on Mumbai Property Exchange, 9 of them delivered (ready or sold out). Other projects by the same developer include Ramrajya, Neptune Swarajya.

Buyer demand in Bhandup

In the last 90 days, buyers and tenants registered 14 requirements for Bhandup with Mumbai Property Exchange, 7 of them to buy and 2 specifically for 2 & 3 BHK homes.

Developer's description ▾
Flying Kite is a marvelous residential project built in the peaceful yet happening surroundings that make you feel delighted. The lavish project presents a perfect blend of elegance, style and class that endow you with a life style upgrade in true sense. These spacious abodes are thoughtfully designed with the sole aim of providing you with a living experience that leaves you mesmerized. Every living space is an embodiment of style and luxury that instills a sense of joy and pride in your heart.

Upcoming projects & infrastructure in Bhandup

take an informed decision

23 MahaRERA projects are due to hand over in Bhandup between 2027 and 2031; the nearest upcoming infrastructure to Flying Kite is the Line 14 (Kanjurmarg-Badlapur/Ambernath), 1.8 km away (approved).

23
MahaRERA projects handing over in the next 5 years
in Bhandup
₹23,500/sqft
typical asking price
easing this quarter
₹16,000/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Bhandup by possession year
1
2027
4
2028
9
2029
3
2030
6
2031

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

Metro & infrastructure near Flying Kite
  • 🚇Line 14 (Kanjurmarg-Badlapur/Ambernath)Approved1.8 km
  • 🚇Goregaon-Mulund Link Road (GMLR)Under construction · due 20282.8 km
  • 🚇Line 4 GreenUnder construction · due 20273.0 km
In the full Bhandup 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.

Bhandup — resale, rent & yield

Resale
₹23,300/sqft
median · 11 listings
Rent
₹64.5/sqft/mo
2 BHK ~₹60,000/mo
Gross yield
3.3%/yr
rent vs resale value

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
2 BHK724–737 ft²On request
3 BHK1,081 ft²On request
4 BHK1,910 ft²On request
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)
Dec 2019
Possession (revised)
Dec 2018
MahaRERA No.
P51800009307
Data last updated
Sep 2026
Registered
2017-08-22
Escrow Bank
HDFC BANK
Architect
Tarun Motta
Total FSI
10,526

Buildings · 1 wing

Neptune Flying Kites B Wing Left Wing · 36 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation80%
Structure100%
Finishing100%
Services100%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Podiums (if any)100%
Sanitary Fittings within the flats / premises100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor0%

Amenities

14
Modern ElevatorsAluminium Sliding WindowsConcealed WiringPOP WallsJaguar/Imported FittingsDesigner entrance lobbyClub House with Swimming PoolJogging Track & Gymnasium
+6 more ▾
Vitrified Tiles FlooringAcrylic Distemper PaintAnodized paintDado tiles in KitchenDesigner main entrance doorFlower bed area in all the rooms.

Connectivity

Railway
10-15 min
Airport
45-60 min
Hospital
15 min
School
15 min

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

Bhandup market context

Property Rates in Bhandup

Residential · Sale
₹20,000–40,000/sqft
Commercial · Sale
₹20,000–45,000/sqft
2 BHK · Rent
₹55,000–100,000/mo

Resale Flats for Sale in Bhandup

4

Flats for Rent in Bhandup

2

Commercial for Lease in Bhandup

1

Commercial Projects in Bhandup

More by Neptune Developers

MahaRERA projects nearby in Bhandup

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 Flying Kite located?

Flying Kite is on L.B.S Road, Bhandup, Mumbai 400078.

What configurations and carpet areas does Flying Kite offer?

2 BHK – 724 sq ft carpet; 2 BHK – 737 sq ft carpet; 3 BHK – 1,092 sq ft carpet.

When is possession of Flying Kite?

As per MahaRERA, proposed possession is Dec 2019, revised to Dec 2018.

Is Flying Kite RERA-registered?

Yes — MahaRERA registration P51800009307, registered 2017-08-22.

How many units does Flying Kite have?

MahaRERA records 112 units across 2 buildings, up to 36 floors.

Who is the developer of Flying Kite?

Neptune Developers — 9 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Bhandup?

23 MahaRERA-registered projects in Bhandup are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Flying Kite?

Line 14 (Kanjurmarg-Badlapur/Ambernath) — approved, 1.8 km away; Goregaon-Mulund Link Road (GMLR) — under construction · due 2028, 2.8 km away; Line 4 Green — under construction · due 2027, 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.

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
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