Bhandup · Mumbai
Shraddha Palacious
Subhash Road, Behind Neptune Magnet Mall, Bhandup · by Mehta Group (Shraddha Prime Projects Limited)
Updated Sep 2026
BhandupPhotos from the project record · tap to enlarge
A first look at Shraddha Palacious
Shraddha Palacious is a residential project by Mehta Group on Subhash Road, Behind Neptune Magnet Mall, Bhandup, Mumbai 400078. It is registered with MahaRERA under P51800052241 (registered 2023-08-02). The project has 398 units across 2 buildings of up to 42 floors. It offers 1 & 2 BHK homes with carpet areas of 410–571 sq ft, priced ₹1.02 Cr–₹1.41 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹24,800 per sq ft. MahaRERA proposed possession: Apr 2028.
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 WhatsAppAbout Shraddha Palacious
Location
Shraddha Palacious stands on Subhash Road, Behind Neptune Magnet Mall in Bhandup, Mumbai 400078, in the Mumbai Suburban district. Across 11 recent resale listings on MPE, homes in Bhandup have a median asking rate of ₹23,300 per sq ft, and a 2 BHK typically rents for about ₹60,000 a month.
MahaRERA record
The MahaRERA registration number is P51800052241, issued on 2 August 2023. The registered promoter is Shraddha Prime Projects Limited. The filing lists 2 wings: A Wing with 209 units over 42 floors; B Wing with 189 units over 41 floors. Per the registration, the architect on record is SS Associates and the project escrow account is with AU Small Finance Bank Ltd.
Homes and prices
Homes on offer are 1 BHK of 410 sq ft at ₹1.02 Cr; 2 BHK of 571 sq ft at ₹1.41 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹24,700–₹24,900 per sq ft of carpet, 7% 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 83%, structure at 94%, finishing at 63%, services at 62%. Proposed possession is Apr 2028.
Developer track record
Mehta Group has 47 projects tracked on Mumbai Property Exchange, 34 of them delivered (ready or sold out). Other projects by the same developer include Shraddha Gold Crest, Shraddha Elite, Shraddha Skyline.
Buyer demand in Bhandup
In the last 90 days, buyers and tenants registered 16 requirements for Bhandup with Mumbai Property Exchange, 6 of them to buy and 6 specifically for 1 & 2 BHK homes.
Price vs Locality
Upcoming projects & infrastructure in Bhandup
take an informed decision24 MahaRERA projects are due to hand over in Bhandup between 2027 and 2031; the nearest upcoming infrastructure to Shraddha Palacious is the Line 14 (Kanjurmarg-Badlapur/Ambernath), 1.7 km away (approved).
Supply is not evenly spread — one year carries almost half of it.
- 🚇Line 14 (Kanjurmarg-Badlapur/Ambernath)Approved1.7 km
- 🚇Goregaon-Mulund Link Road (GMLR)Under construction · due 20282.9 km
- 🚇Line 4 GreenUnder construction · due 20272.9 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.
Bhandup — resale, rent & yield
This project is quoted around ₹24,800/sqft — 6% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Unit Configurations (per MahaRERA)
RERA record & possession
Buildings · 2 wings
398 unitsLocation
Construction progress
per MahaRERASee all 14 stages ▾
Amenities
15+7 more ▾
Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Verify current project inventoryBhandup market context
Property Rates in Bhandup
Resale Flats for Sale in Bhandup
4
Flats for Rent in Bhandup
2
Commercial for Lease in Bhandup
1
Commercial Projects in Bhandup
More by Mehta Group (Shraddha Prime Projects Limited)
Compare Shraddha Palacious with similarly priced projects nearby
MahaRERA projects nearby in Bhandup
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 Shraddha Palacious located?
Shraddha Palacious is on Subhash Road, Behind Neptune Magnet Mall, Bhandup, Mumbai 400078.
What is the price of Shraddha Palacious?
1 & 2 BHK homes are priced ₹1.02 Cr–₹1.41 Cr as on 09 Jul 2026, about ₹24,800 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Shraddha Palacious offer?
1 BHK – 410 sq ft carpet at ₹1.02 Cr; 2 BHK – 571 sq ft carpet at ₹1.41 Cr.
When is possession of Shraddha Palacious?
As per MahaRERA, proposed possession is Apr 2028.
Is Shraddha Palacious RERA-registered?
Yes — MahaRERA registration P51800052241, registered 2023-08-02.
How many units does Shraddha Palacious have?
MahaRERA records 398 units across 6 buildings, up to 42 floors.
Who is the developer of Shraddha Palacious?
Mehta Group (Shraddha Prime Projects Limited) — 47 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Bhandup?
24 MahaRERA-registered projects in Bhandup are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Shraddha Palacious?
Line 14 (Kanjurmarg-Badlapur/Ambernath) — approved, 1.7 km away; Goregaon-Mulund Link Road (GMLR) — under construction · due 2028, 2.9 km away; Line 4 Green — under construction · due 2027, 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.
