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Lifecycle requires verificationMahaRERA P51800053602

Marol, Andheri · Mumbai

Park Royale Phase III

Marol, Andheri · by Shivranjani Properties

Updated Oct 2026

Park Royale Phase IIIProject photos will appear here when available.
164
Units
2027
Possession
2
Buildings
Certificate Signed
Status

A first look at Park Royale Phase III

Park Royale Phase III is a residential project by Shivranjani Properties in Marol, Andheri, Mumbai 400059. It is registered with MahaRERA under P51800053602 (registered 2023-11-10). The project has 164 units across 2 buildings of up to 26 floors. It offers 2 & 3 BHK homes. MahaRERA proposed possession: Apr 2027.

Lifecycle requires verification.

Ask an advisor to verify the current project and inventory status.

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
2 BHK748–848 ft²On request
3 BHK941–1,139 ft²On request
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

About Park Royale Phase III

Location

Park Royale Phase III is located in Marol, Andheri, Mumbai 400059, in the Mumbai Suburban district.

MahaRERA record

The MahaRERA registration number is P51800053602, issued on 10 November 2023. The registered promoter is Shivranjani Properties LLP. The filing lists 2 wings: E Wing over 26 floors; F Wing over 26 floors. Per the registration, the architect on record is Ethique Architects & Association and the project escrow account is with HDFC Bank.

Construction and possession

The latest MahaRERA progress report shows foundation at 100%, structure at 70%, finishing at 28%, services at 12%. Proposed possession is Apr 2027.

Marol, Andheri market

prices, rents & rates

Property rates in Marol, Andheri

Residential · Sale
₹35,000–45,000/sqft
Commercial · Sale
₹35,000–65,000/sqft
2 BHK · Rent
₹90,000–165,000/mo

Upcoming projects & infrastructure in Andheri East

take an informed decision

104 MahaRERA projects are due to hand over in Andheri East between 2026 and 2030; the nearest upcoming infrastructure to Park Royale Phase III is the Line 6 Pink, 1.9 km away (under construction · due 2027).

104
MahaRERA projects handing over in the next 5 years
in Andheri East
₹38,300/sqft▼
typical asking price
easing this quarter
₹16,200/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Andheri East by possession year
10
2026
38
2027
27
2028
20
2029
9
2030

Supply is not evenly spread — one year carries about a third of it.

Metro & infrastructure near Park Royale Phase III
  • 🚇Line 3 AquaOpened 20251.6 km
  • 🚇Line 6 PinkUnder construction · due 20271.9 km
  • 🚇Line 8 Gold (Airport Express)Under construction · due 20303.1 km
📜 155 registered transactions (IGR) on record in Andheri East. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Andheri East prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Andheri East, then an advisor calls about your budget and configuration.

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

RERA record & possession

Possession (proposed)
Apr 2027
Project status
New
MahaRERA No.
P51800053602
Data last updated
Oct 2026
Registered
2023-11-10
Escrow Bank
HDFC BANK
Architect
Ethique Architects & Association
Total FSI
12,689

Buildings · 2 wings

E Wing · 26 fl · — u
F Wing · 26 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation100%
Structure70%
Finishing28%
Services12%
See all 12 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Podiums (if any)100%
Stilt Floor100%
Slabs of Super Structure76%
Slabs of Super Structure65%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…50%
External plumbing and external plaster, elevation, completion of terr…35%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …15%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…10%
Sanitary Fittings within the flats / premises0%

Amenities

10
Aggregate area of recreational Open SpaceElectrical meter room, sub-station, r…Fire protection and fire safety requi…Landscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water DrainsTreatment And Disposal Of Sewage And …
+2 more ▾
Water SupplyWater conservation /Rain water harvesting

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 (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Resale Flats for Sale in Marol, Andheri

4

Flats for Rent in Marol, Andheri

4

Commercial for Sale in Marol, Andheri

2

Commercial for Lease in Marol, Andheri

2

Commercial Projects in Marol, Andheri

Frequently Asked Questions

Where is Park Royale Phase III located?

Park Royale Phase III is in Marol, Andheri, Mumbai 400059.

When is possession of Park Royale Phase III?

As per MahaRERA, proposed possession is Apr 2027.

Is Park Royale Phase III RERA-registered?

Yes — MahaRERA registration P51800053602, registered 2023-11-10.

How many units does Park Royale Phase III have?

MahaRERA records 164 units across 2 buildings, up to 26 floors.

Who is the developer of Park Royale Phase III?

Shivranjani Properties

How many new projects are coming up in Andheri East?

104 MahaRERA-registered projects in Andheri East are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Park Royale Phase III?

Line 3 Aqua — opened 2025, 1.6 km away; Line 6 Pink — under construction · due 2027, 1.9 km away; Line 8 Gold (Airport Express) — under construction · due 2030, 3.1 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 2026-10-02). 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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