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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA P51900034288

Mahalaxmi · Mumbai

Raheja Modern Vivarea South

Sane Guruji Marg, RTO Colony, Mahalaxmi · by K Raheja Corp

Updated Sep 2026

152
Units
2029
Possession
1
Buildings
Certificate Signed
Status

A first look at Raheja Modern Vivarea South

Raheja Modern Vivarea South is a residential project on Sane Guruji Marg, RTO Colony, Mahalaxmi, Mumbai 400011. It is registered with MahaRERA under P51900034288 (registered 2024-04-04). The project has 152 units across 1 building of up to 53 floors. It offers 3 & 4 BHK homes with carpet areas of 1,740–2,259 sq ft, priced ₹18 Cr–₹24.5 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹103,400 per sq ft. MahaRERA proposed possession: Jan 2029.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Other wings & phases: Raheja Modern Vivarea North Tower

Availability & Pricing

TypeCarpetPriceAvail
3 BHK1740 ft²₹18 Cr—
4 BHK2259 ft²₹24.5 Cr—

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 WhatsApp

Raheja Modern Vivarea South floor plans

1
Raheja Modern Vivarea South, Mahalaxmi — floor plan 1

Floor plans are indicative, as shared by the developer, and subject to change.

About Raheja Modern Vivarea South

Location

Raheja Modern Vivarea South is located on Sane Guruji Marg, RTO Colony, Mahalaxmi (Mumbai 400011). Across 52 recent resale listings on MPE, homes in Mahalaxmi have a median asking rate of ₹60,357 per sq ft, and a 2 BHK typically rents for about ₹1.85 Lac a month.

MahaRERA record

Raheja Modern Vivarea South is registered with MahaRERA under P51900034288, dated 4 April 2024. The registered promoter is K Raheja Corp Real Estate Private Limited. The filing lists 1 wing: Raheja Modern Vivarea South Tower with 152 units over 53 floors. According to MahaRERA, the architect on record is Barai Architects and the project escrow account is with HDFC Bank.

Homes and prices

Configurations recorded are 3 BHK of 1,740 sq ft at ₹18 Cr; 4 BHK of 2,259 sq ft at ₹24.5 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹103,400–₹108,500 per sq ft of carpet, 80% above 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 100%, finishing at 52%, services at 74%. Proposed possession is Jan 2029.

Developer track record

K Raheja Corp has 1590 projects tracked on Mumbai Property Exchange, 1329 of them delivered (ready or sold out). Other projects by the same developer include Brahma, Arkade Sapphire, Arkade Pearl.

Buyer demand in Mahalaxmi

In the last 90 days, buyers and tenants registered 19 requirements for Mahalaxmi with Mumbai Property Exchange, 4 of them to buy and 4 specifically for 3 & 4 BHK homes.

Developer's description ▾
Raheja Modern Vivarea is a premium luxury residential development located in Mahalakshmi, offering spacious 3 & 4 BHK residences with stunning panoramic views of the Arabian Sea, the Golf Course, and the Mahalakshmi Racecourse. Designed to redefine modern urban living, the project consists of two impeccably crafted towers with a striking façade that enhances the city skyline. Each residence is thoughtfully designed with wide sundecks, soaring 12.5 ft floor-to-floor height, and expansive openable windows, ensuring natural light, ventilation, and an unmatched sense of space. The apartments feature double-glazed unitised glass for noise insulation and temperature control, premium marble flooring, false ceiling works, and state-of-the-art VRF air conditioning. For added privacy, the residences also come with separate staff entry access. The development offers a curated selection of international-style amenities spread across multiple levels, including the Ground Level, Podium Level, and Terrace Level. Residents enjoy access to high-speed elevators, beautifully landscaped open spaces, fitness and wellness centers, and recreational zones, making it a truly world-class living experience. The project is also IGBC Green Homes Pre-certified Gold Rated, emphasizing sustainable and energy-efficient living. Strategically positioned in Mahalakshmi, Raheja Modern Vivarea offers excellent connectivity to Lower Parel, Worli, major business hubs, premium retail outlets, and entertainment districts. With a perfect blend of luxury, exclusivity, and modern conveniences, it stands as an epitome of sophisticated urban living in Mumbai.

Price vs Locality

₹103,400
/sqft · Mahalaxmi rate-band mid-point ₹72,500
43% above mid-point

Upcoming projects & infrastructure in Mahalaxmi

take an informed decision

7 MahaRERA projects are due to hand over in Mahalaxmi between 2027 and 2031.

7
MahaRERA projects handing over in the next 5 years
in Mahalaxmi
₹70,100/sqft▲
typical asking price
rising this quarter
New projects in Mahalaxmi by possession year
2
2027
0
2028
1
2029
1
2030
3
2031
📜 2,913 registered transactions (IGR) on record in Mahalaxmi, and we pull the latest registrations on request. Know what flats here actually transacted at before you negotiate — take an informed decision.
Ask for registered transactions ›
In the full Mahalaxmi report

🔒 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.

Mahalaxmi — resale, rent & yield

Resale
₹60,357/sqft
median · 52 listings
Rent
₹221.2/sqft/mo
2 BHK ~₹185,000/mo
Gross yield
4.4%/yr
rent vs resale value

This project is quoted around ₹103,400/sqft — 71% above resale here.

From MPE live listings, last 18 months · Mumbai price index ›

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
3 BHK1,669 ft²₹17.26 Cr
4 BHK2,181 ft²₹22.55 Cr
5 BHK2,811–3,051 ft²₹29.07 Cr–₹31.55 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Jan 2029
Project status
New
MahaRERA No.
P51900034288
Data last updated
Sep 2026
Registered
2024-04-04
Escrow Bank
HDFC BANK
Architect
Barai Architects
Total FSI
34,816

Buildings · 1 wing

152 units
Raheja Modern Vivarea South Tower · 53 fl · 152 u

Location

📍 Mahalaxmi

Construction progress

per MahaRERA
Foundation100%
Structure100%
Finishing52%
Services74%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Podiums (if any)100%
Slabs of Super Structure100%
Stilt Floor100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…79%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …79%
External plumbing and external plaster, elevation, completion of terr…69%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…69%
Sanitary Fittings within the flats / premises7%

Amenities

22
Swimming PoolKids Play AreaGardenClubhouseIndoor GamesMultipurpose HallGymnasiumJogging Track
+14 more ▾
Yoga RoomSpaSports CourtCCTV24x7 SecurityVideo Door PhoneFire SafetyIntercomAC LiftsPower BackupParkingVisitor ParkingConcealed WiringConcealed Plumbing

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Verify current project inventory

Mahalaxmi market context

Property Rates in Mahalaxmi

Residential · Sale
₹55,000–90,000/sqft
Commercial · Sale
₹50,000–90,000/sqft
2 BHK · Rent
₹130,000–280,000/mo

Resale Flats for Sale in Mahalaxmi

4

Flats for Rent in Mahalaxmi

4

Commercial for Sale in Mahalaxmi

2

Commercial for Lease in Mahalaxmi

2

More by K Raheja Corp

Compare Raheja Modern Vivarea South Tower with similarly priced projects nearby

MahaRERA projects nearby in Mahalaxmi

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 Raheja Modern Vivarea South located?

Raheja Modern Vivarea South is on Sane Guruji Marg, RTO Colony, Mahalaxmi, Mumbai 400011.

What is the price of Raheja Modern Vivarea South?

3 & 4 BHK homes are priced ₹18 Cr–₹24.5 Cr as on 09 Jul 2026, about ₹103,400 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Raheja Modern Vivarea South offer?

3 BHK – 1,740 sq ft carpet at ₹18 Cr; 4 BHK – 2,259 sq ft carpet at ₹24.5 Cr.

When is possession of Raheja Modern Vivarea South?

As per MahaRERA, proposed possession is Jan 2029.

Is Raheja Modern Vivarea South RERA-registered?

Yes — MahaRERA registration P51900034288, registered 2024-04-04.

How many units does Raheja Modern Vivarea South have?

MahaRERA records 152 units across 4 buildings, up to 53 floors.

Who is the developer of Raheja Modern Vivarea South?

K Raheja Corp — 1590 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Mahalaxmi?

7 MahaRERA-registered projects in Mahalaxmi are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines 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 2026-09-28). 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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