Matunga · Mumbai
Parkway
Bhalchandra Road, Matunga · by Nandivardhan Group (Om Sai Ganesh Builders & Developers Pvt. Ltd.)
Registered project name
Park WayUpdated Sep 2026
MatungaPhotos from the project record · tap to enlarge
A first look at Parkway
Parkway is a residential project by Nandivardhan Group on Bhalchandra Road, Matunga, Mumbai 400019. It is registered with MahaRERA under P51900047931 (registered 2022-12-01). The project has 25 units across 1 building of up to 31 floors. It offers 1 & 2 BHK homes with carpet areas of 460–780 sq ft, priced ₹2.2 Cr–₹3.74 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹47,500 per sq ft. MahaRERA proposed possession: Mar 2027.
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 WhatsAppParkway floor plans
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Floor plans are indicative, as shared by the developer, and subject to change.
About Parkway
Location
The address of Parkway is Bhalchandra Road, Matunga, Mumbai 400019. 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
Parkway is registered with MahaRERA under P51900047931, dated 1 December 2022. The registered promoter is Om Sai Ganesh Builders & Developers Pvt. Ltd.. The filing lists 1 wing: PARK WAY over 31 floors. According to MahaRERA, the architect on record is B.N.Shah & Associates and the project escrow account is with Kotak Mahindra Bank Ltd.
Homes and prices
The price list covers 1 BHK of 460 sq ft at ₹2.2 Cr; 2 BHK of 780 sq ft at ₹3.74 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹47,800–₹47,900 per sq ft of carpet, 8% 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 80%, structure at 100%, finishing at 83%, services at 72%. Proposed possession is Mar 2027.
Developer track record
Nandivardhan Group has 11 projects tracked on Mumbai Property Exchange, 7 of them delivered (ready or sold out). Other projects by the same developer include Rustomjee Ozone Skye, Arihanth Asalpha, Varella Mansion.
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 5 specifically for 1 & 2 BHK homes.
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 Parkway 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 3 AquaOpened 20251.3 km
- 🚇Line 4 GreenUnder construction · due 20271.4 km
- 🚇Line 11 GreenApproved1.4 km
- 🛣️Worli-Sewri ConnectorUnder construction · due 20263.0 km
- 🌉MTHL / Atal SetuOpened 20243.3 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 ₹47,500/sqft — 9% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Unit Configurations (per MahaRERA)
RERA record & possession
Buildings · 1 wing
Location
Construction progress
per MahaRERASee all 11 stages ▾
Amenities
22+14 more ▾
Talk to our MahaRERA advisor
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💬 Verify current project inventoryResale Flats for Sale in Matunga
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Flats for Rent in Matunga
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Commercial Projects 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 Parkway located?
Parkway is on Bhalchandra Road, Matunga, Mumbai 400019.
What is the price of Parkway?
1 & 2 BHK homes are priced ₹2.2 Cr–₹3.74 Cr as on 09 Jul 2026, about ₹47,500 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Parkway offer?
1 BHK – 460 sq ft carpet at ₹2.2 Cr; 2 BHK – 780 sq ft carpet at ₹3.74 Cr.
When is possession of Parkway?
As per MahaRERA, proposed possession is Mar 2027.
Is Parkway RERA-registered?
Yes — MahaRERA registration P51900047931, registered 2022-12-01.
How many units does Parkway have?
MahaRERA records 25 units across 5 buildings, up to 31 floors.
Who is the developer of Parkway?
Nandivardhan Group (Om Sai Ganesh Builders & Developers Pvt. Ltd.) — 11 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 Parkway?
Line 3 Aqua — opened 2025, 1.3 km away; Line 4 Green — under construction · due 2027, 1.4 km away; Line 11 Green — approved, 1.4 km away; Worli-Sewri Connector — under construction · due 2026, 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.
