Paramount

📍 Matunga , Plot No: 379, Telang Cross Rd No. 3, Shankar Mattham Road

Under Construction RERA: P51900079704Residential

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📋 Quick Facts

Price

₹50,000/sq.ft

Possession

Dec 2027

Status

Under Construction

Type

Residential

Zone Avg Rate

₹70,637/sq.ft · 92 projects

Location

Matunga, Plot No: 379, Telang Cross Rd No. 3, Shankar Mattham Road

✓ MahaRERA Registered

P51900079704

Project Overview

Location

Matunga

Sub-Location

Plot No: 379, Telang Cross Rd No. 3, Shankar Mattham Road

Status

Under Construction

Possession

Dec 2027 ^*

*Subject to RERA approvals. Verify on MahaRERA

Rate

₹50,000/sqft

Type

Residential

RERA No.

P51900079704

How prices stack up in Matunga

From MPE live listings · your own data

Resale

₹51,978/sq.ft

median · 14 listings

Rent

₹183.0/sq.ft/mo

2 BHK ~₹126,000/mo

Gross rental yield

4.2% / yr

rent vs resale value

This project is quoted around ₹50,000/sq.ft — 4% below resale in Matunga.

Medians from MPE listings over the last 18 months. See the Mumbai price index ›

MPE insight

Timing can matter as much as location

Mumbai is supply-constrained, so the best pricing and unit choice often go early — well before the launch advertising. If you’re serious about a project, it pays to know where it is in its cycle. Read the guide ›

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📝 Project Description

🏗️ Project Details

The Rare Edition by Paramount in Matunga Central is an exclusive residential tower featuring bespoke 3 BHK residences with spacious sundecks. Designed with 4 podium levels and 15 residential floors, this premium development offers Vastu-compliant homes with scenic sunset views. Residents can enjoy a range of modern amenities, including a kids’ play area, gymnasium, open mini-theatre, rooftop swimming pool, and juice bar. Located next to Jain Derasar, the project ensures excellent connectivity with schools, colleges, and essential conveniences just a short walk away, along with ample car parking space. Possession is scheduled for December 2027

🏢 About the project

The Rare Edition – Matunga Central by Paramount Exclusive 3 BHK residences with spacious sundecks Configuration: 4 podium levels + 15 residential floors Vastu-compliant homes with scenic sunset views Modern amenities: Kids’ play area Fully equipped gymnasium Open mini-theatre Rooftop swimming pool Juice bar Prime location advantages: Next to Jain Derasar Schools & colleges within 5 minutes’ walk Ample car parking space Possession: December 2027

📋 Project Remarks

⭐ Project Ratings

4.0

★ ★ ★ ★ ☆

Building

📸 Project Gallery (6 images)

Main Image

screenshot-2025-08-09-104523

screenshot-2025-08-09-104235

screenshot-2025-08-09-104209

Floor Plan

Site Plan

📄 E-Brochures & Documents

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PARAMOUNT eBrochure

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📐 Floor Plans & Site Plans

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🗺️ Site Plan — 🔐 Share details to view

Other Projects in Matunga

📐 Approximate Pricing — Area & Bedrooms

Type	Carpet Area	Indicative Price	Approx. ₹/sqft
3 BHK	1245 sq.ft.	6.25 Cr ++	₹50,200/sqft

⚠️ Disclaimer: All prices listed above are approximate and indicative only, sourced from publicly available information. Final pricing is determined and communicated exclusively by the Developer at their registered office. Mumbai Property Exchange makes no warranty regarding accuracy and accepts no liability — no queries on pricing shall be entertained.