New Panvel · Mumbai
Prajapati Ornate Phase - II
New Panvel · by Prajapati Group
Updated Oct 2026
New PanvelPhotos from the project record · tap to enlarge
A first look at Prajapati Ornate Phase - II
Prajapati Ornate Phase - II is a residential project in New Panvel, Mumbai 410206. It is registered with MahaRERA under P52000035186 (registered 2022-05-10). The project has 17 units across 3 buildings of up to 4 floors. It offers 2 & 3 BHK homes with carpet areas of 3,386 sq ft, priced ₹5.9 Cr as on 09 Jul 2026 (indicative). MahaRERA proposed possession: Oct 2026.
Ask an advisor to verify the current project and inventory status.
Part of Prajapati Ornate, New Panvel
Other wings & phases: PRAJAPATI ORNATE
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 WhatsAppUnit configurations filed with MahaRERA (3)
Prajapati Ornate Phase - II floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Prajapati Ornate Phase - II
Location
Prajapati Ornate Phase - II is located in New Panvel, Mumbai 410206, in the Raigarh district.
MahaRERA record
The MahaRERA registration number is P52000035186, issued on 10 May 2022. The registered promoter is Prajapati Constructions Limited. The filing lists 3 wings: A WING over 4 floors; B WING over 4 floors; C WING over 4 floors. Per the registration, the architect on record is Stapl Soyuz Talib Architects and the project escrow account is with ICICI Bank Ltd.
Homes and prices
Homes on offer are Pent House of 3,386 sq ft at ₹5.9 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹17,400 per sq ft of carpet. 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 100%, finishing at 100%, services at 100%. Proposed possession is Oct 2026.
Developer track record
Prajapati Group has 7 projects tracked on Mumbai Property Exchange, 7 of them delivered (ready or sold out). Other projects by the same developer include Prajapati Ornate, Prajapati Opal, Prajapati Vihar.
Buyer demand in New Panvel
In the last 90 days, buyers and tenants registered 16 requirements for New Panvel with Mumbai Property Exchange, 3 of them to buy and 1 specifically for 2 & 3 BHK homes.
Developer's description ▾
New Panvel market
prices, rents & ratesProperty rates in New Panvel
Upcoming projects & infrastructure in Panvel
take an informed decision11 MahaRERA projects are due to hand over in Panvel between 2027 and 2031; the nearest upcoming infrastructure to Prajapati Ornate Phase - II is the Virar-Alibaug Multimodal Corridor, 0.5 km away (approved).
Supply is not evenly spread — one year carries about a third of it.
- 🛣️Virar-Alibaug Multimodal CorridorApproved0.5 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Panvel, 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
Buildings · 3 wings
Location
Construction progress
per MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.
In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.
Example: Pent House · 3386 sq ft at ₹5.90 Cr (the price recorded above).
- ✓ Plinth complete45% paid by then
- ✓ Slabs complete70% paid by then
- ✓ Walls, plaster & flooring75% paid by then
- ✓ Sanitary fittings80% paid by then
- ✓ Staircases, lift wells & lobbies85% paid by then
- ✓ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹4.42 Cr here), released stage by stage, so your own money is about ₹1.48 Cr plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹3.84 L/month (8.5%, 20 years).
Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.
💬 Talk through the numbers with an MPE advisorAmenities
13+5 more ▾
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.
Commercial Projects in New Panvel
More by Prajapati Group
MahaRERA projects nearby in New Panvel
Frequently Asked Questions
Where is Prajapati Ornate Phase - II located?
Prajapati Ornate Phase - II is in New Panvel, Mumbai 410206.
What is the price of Prajapati Ornate Phase - II?
2 & 3 BHK homes are priced ₹5.9 Cr as on 09 Jul 2026. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Prajapati Ornate Phase - II offer?
Pent House – 3,386 sq ft carpet at ₹5.9 Cr.
When is possession of Prajapati Ornate Phase - II?
As per MahaRERA, proposed possession is Oct 2026.
Is Prajapati Ornate Phase - II RERA-registered?
Yes — MahaRERA registration P52000035186, registered 2022-05-10.
How many units does Prajapati Ornate Phase - II have?
MahaRERA records 17 units across 1 building, up to 4 floors.
Who is the developer of Prajapati Ornate Phase - II?
Prajapati Group — 7 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Panvel?
11 MahaRERA-registered projects in Panvel are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Prajapati Ornate Phase - II?
Virar-Alibaug Multimodal Corridor — approved, 0.5 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.
