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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA P51800053732

Borivali West · Mumbai

Rita Palace

Chandavarkar Cross Road 1, Borivali West · by LMP Group Developers

Updated Sep 2026

84
Units
2028
Possession
2
Buildings
Certificate Signed
Status

A first look at Rita Palace

Rita Palace is a residential project by LMP Group Developers on Chandavarkar Cross Road 1, Borivali West, Mumbai 400092. It is registered with MahaRERA under P51800053732 (registered 2023-11-28). The project has 84 units across 2 buildings. It offers 2, 3 & 4 BHK homes with carpet areas of 700–2,804 sq ft, priced ₹3 Cr–₹12.02 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹42,000 per sq ft. MahaRERA proposed possession: Dec 2028.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
2 BHK700 ft²₹3 Cr—
3 BHK1725 ft²₹7.39 Cr—
4 BHK2804 ft²₹12.02 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

Rita Palace floor plans

1
Rita Palace, Borivali West — floor plan 1

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

About Rita Palace

Location

The address of Rita Palace is Chandavarkar Cross Road 1, Borivali West, Mumbai 400092, in the Mumbai Suburban district. Across 30 recent resale listings on MPE, homes in Borivali West have a median asking rate of ₹31,350 per sq ft, and a 2 BHK typically rents for about ₹60,000 a month.

MahaRERA record

The MahaRERA registration number is P51800053732, issued on 28 November 2023. The registered promoter is Lmp Group Rita Palace. MahaRERA records 84 units for the project. Per the registration, the architect on record is Jigar K Nagda and the project escrow account is with HDFC Bank.

Homes and prices

The price list covers 2 BHK of 700 sq ft at ₹3 Cr; 3 BHK of 1,725 sq ft at ₹7.39 Cr; 4 BHK of 2,804 sq ft at ₹12.02 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹42,800–₹42,900 per sq ft of carpet, 37% 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 90%, finishing at 30%, services at 40%. Proposed possession is Dec 2028.

Buyer demand in Borivali West

In the last 90 days, buyers and tenants registered 42 requirements for Borivali West with Mumbai Property Exchange, 17 of them to buy and 18 specifically for 2, 3 & 4 BHK homes.

Developer's description ▾
Rita Palace is a under construction project located in Borivali West, Mumbai. The project is currently under construction. RERA registered: P51800053732. Contact Mumbai Property Exchange for floor plans, pricing and site visits.

Price vs Locality

₹42,000
/sqft · Borivali West rate-band mid-point ₹40,000
5% above mid-point

Upcoming projects & infrastructure in Borivali West

take an informed decision

104 MahaRERA projects are due to hand over in Borivali West between 2026 and 2030; the nearest upcoming infrastructure to Rita Palace is the Borivali-Thane Tunnel, 1.0 km away (under construction · due 2028).

104
MahaRERA projects handing over in the next 5 years
in Borivali West
₹33,800/sqft▲
typical asking price
rising this quarter
₹15,300/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Borivali West by possession year
2
2026
21
2027
30
2028
30
2029
21
2030

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

Metro & infrastructure near Rita Palace
  • 🚇Borivali-Thane TunnelUnder construction · due 20281.0 km
  • 🚇Line 9 Red (Mira-Bhayandar)Opened 20262.9 km
In the full Borivali West 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.

Borivali West — resale, rent & yield

Resale
₹31,350/sqft
median · 30 listings
Rent
₹88.7/sqft/mo
2 BHK ~₹60,000/mo
Gross yield
3.4%/yr
rent vs resale value

This project is quoted around ₹42,000/sqft — 34% above resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
2 BHK698 ft²₹2.93 Cr
2 BHK Paaa698 ft²₹2.93 Cr
3 BHK1,105–1,722 ft²₹4.64 Cr–₹7.23 Cr
3 BHK Paaa840–1,722 ft²₹3.53 Cr–₹7.23 Cr
4 BHK2,007–2,804 ft²₹8.43 Cr–₹11.78 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)
Dec 2028
Project status
New
MahaRERA No.
P51800053732
Data last updated
Sep 2026
Registered
2023-11-28
Escrow Bank
HDFC BANK
Architect
Jigar K Nagda
Total FSI
10,073

Buildings · 2 wings

RITA PALACE CHSL - A WING · — fl · — u
RITA PALACE CHSL - B WING · — fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation100%
Structure90%
Finishing30%
Services40%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Podiums (if any)100%
Stilt Floor100%
Slabs of Super Structure90%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …80%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…60%
External plumbing and external plaster, elevation, completion of terr…30%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%
Sanitary Fittings within the flats / premises0%

Amenities

12
Swimming PoolKids Play AreaClubhouseIndoor GamesGymnasiumJogging TrackCCTV24x7 Security
+4 more ▾
Video Door PhonePower BackupConcealed 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

Borivali West market context

Property Rates in Borivali West

Residential · Sale
₹30,000–50,000/sqft
Commercial · Sale
₹30,000–45,000/sqft
2 BHK · Rent
₹65,000–90,000/mo

Resale Flats for Sale in Borivali West

4

Flats for Rent in Borivali West

4

Commercial for Sale in Borivali West

2

Commercial for Lease in Borivali West

3

Commercial Projects in Borivali West

Compare Rita Palace Chsl with similarly priced projects nearby

MahaRERA projects nearby in Borivali West

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 Rita Palace located?

Rita Palace is on Chandavarkar Cross Road 1, Borivali West, Mumbai 400092.

What is the price of Rita Palace?

2, 3 & 4 BHK homes are priced ₹3 Cr–₹12.02 Cr as on 09 Jul 2026, about ₹42,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Rita Palace offer?

2 BHK – 700 sq ft carpet at ₹3 Cr; 3 BHK – 1,725 sq ft carpet at ₹7.39 Cr; 4 BHK – 2,804 sq ft carpet at ₹12.02 Cr.

When is possession of Rita Palace?

As per MahaRERA, proposed possession is Dec 2028.

Is Rita Palace RERA-registered?

Yes — MahaRERA registration P51800053732, registered 2023-11-28.

How many units does Rita Palace have?

MahaRERA records 84 units across 18 buildings.

Who is the developer of Rita Palace?

LMP Group Developers — 1 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Borivali West?

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

What metro and infrastructure is near Rita Palace?

Borivali-Thane Tunnel — under construction · due 2028, 1.0 km away; Line 9 Red (Mira-Bhayandar) — opened 2026, 2.9 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 2026-09-28). 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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