Matunga · Mumbai
Paramount
Plot No: 379, Telang Cross Road No. 3, Shankar Mattham Road, Matunga · by Gala Habitats
Updated Sep 2026
MatungaPhotos from the project record · tap to enlarge
A first look at Paramount
Paramount is a residential project by Gala Habitats on Plot No: 379, Telang Cross Road No. 3, Shankar Mattham Road, Matunga, Mumbai 400019. It is registered with MahaRERA under P51900079704. The project has 43 units across 1 building of up to 20 floors. It offers 3 BHK homes with carpet areas of 1,245 sq ft, priced ₹6.25 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹50,200 per sq ft. MahaRERA proposed possession: Feb 2030.
Ask an advisor to verify current developer inventory and price.
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 WhatsAppParamount floor plans
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Floor plans are indicative, as shared by the developer, and subject to change.
About Paramount
Location
Paramount is located on Plot No: 379, Telang Cross Road No. 3, Shankar Mattham Road, Matunga (Mumbai 400019), in the Mumbai City district. Across 16 recent resale listings on MPE, homes in Matunga have a median asking rate of ₹51,978 per sq ft, and a 2 BHK typically rents for about ₹1.26 Lac a month.
MahaRERA record
Paramount is registered with MahaRERA under P51900079704. The registered promoter is Gala Habitats LLP. The filing lists 1 wing: Paramount Vasudha CHS with 43 units over 20 floors. According to MahaRERA, the architect on record is The Design Studio and the project escrow account is with HDFC Bank.
Homes and prices
Configurations recorded are 3 BHK of 1,245 sq ft at ₹6.25 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹50,200 per sq ft of carpet, 3% 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 25%, finishing at 0%, services at 12%. Proposed possession is Feb 2030.
Developer track record
Gala Habitats has 20 projects tracked on Mumbai Property Exchange, 17 of them delivered (ready or sold out). Other projects by the same developer include Aakasa Shivaji Park, Swayam., Divya Darpan.
Buyer demand in Matunga
In the last 90 days, buyers and tenants registered 10 requirements for Matunga with Mumbai Property Exchange, 3 of them to buy and 2 specifically for 3 BHK homes.
Developer's description ▾
Upcoming projects & infrastructure in Matunga
take an informed decision20 MahaRERA projects are due to hand over in Matunga between 2027 and 2031; the nearest upcoming infrastructure to Paramount is the Line 4 Green, 1.4 km away (under construction · due 2027).
Supply is not evenly spread — one year carries almost half of it.
- 🚇Line 4 GreenUnder construction · due 20271.4 km
- 🚇Line 11 GreenApproved1.4 km
- 🚇Line 3 AquaOpened 20251.5 km
- 🛣️Worli-Sewri ConnectorUnder construction · due 20263.5 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.
Matunga — resale, rent & yield
This project is quoted around ₹50,201/sqft — 3% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Unit Configurations (per MahaRERA)
RERA record & possession
Buildings · 1 wing
43 unitsLocation
Construction progress
per MahaRERASee all 11 stages ▾
Amenities
20+12 more ▾
Talk to our MahaRERA advisor
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💬 Verify current project inventoryResale Flats for Sale in Matunga
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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, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.
Frequently Asked Questions
Where is Paramount located?
Paramount is on Plot No: 379, Telang Cross Road No. 3, Shankar Mattham Road, Matunga, Mumbai 400019.
What is the price of Paramount?
3 BHK homes are priced ₹6.25 Cr as on 09 Jul 2026, about ₹50,200 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Paramount offer?
3 BHK – 1,245 sq ft carpet at ₹6.25 Cr.
When is possession of Paramount?
As per MahaRERA, proposed possession is Feb 2030.
Is Paramount RERA-registered?
Yes — MahaRERA registration P51900079704.
How many units does Paramount have?
MahaRERA records 43 units across 2 buildings, up to 20 floors.
Who is the developer of Paramount?
Gala Habitats — 20 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Matunga?
20 MahaRERA-registered projects in Matunga are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Paramount?
Line 4 Green — under construction · due 2027, 1.4 km away; Line 11 Green — approved, 1.4 km away; Line 3 Aqua — opened 2025, 1.5 km away; Worli-Sewri Connector — under construction · due 2026, 3.5 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.
