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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Lifecycle requires verificationMahaRERA P51800022438

Chembur · Mumbai

Sriniketan

Chembur · by Majestic Royale Developers

Updated Oct 2026

🗺 View on map · schools, metro & distances
SriniketanProject photos will appear here when available.

The story at a glance

Sandeep Sadh, Mumbai Property Exchange
Sandeep Sadh · Founder, Mumbai Property Exchange
MahaRERA A51800043517 · in Mumbai real estate since 1995
19
Units
2022
Possession
1
Buildings
RERA Registered
Status

A first look at Sriniketan

Sriniketan is a residential project by Majestic Royale Developers in Chembur, Mumbai 400071. It is registered with MahaRERA under P51800022438 (registered 2021-09-08). The project has 19 units across 1 building of up to 11 floors. It offers 2 & 3 BHK homes. MahaRERA proposed possession: Dec 2022.

Lifecycle requires verification.

Ask an advisor to verify the current project and inventory status.

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
2 BHK723–839 ft²On request
3 BHK1,020–1,041 ft²On request
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

About Sriniketan

Location

Sriniketan is located in Chembur, Mumbai 400071, in the Mumbai Suburban district. Across 46 recent resale listings on MPE, homes in Chembur have a median asking rate of ₹30,900 per sq ft, and a 2 BHK typically rents for about ₹75,000 a month.

MahaRERA record

The MahaRERA registration number is P51800022438, issued on 8 September 2021. The filing lists 1 wing: SRINIKETAN over 11 floors. Per the registration, the architect on record is R P Asundria and the project escrow account is with Bharat Cooperative Bank Mumbai Ltd.

Construction and possession

The latest MahaRERA progress report shows foundation at 100%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Dec 2022.

Buyer demand in Chembur

In the last 90 days, buyers and tenants registered 50 requirements for Chembur with Mumbai Property Exchange, 20 of them to buy and 16 specifically for 2 & 3 BHK homes.

Chembur market

prices, rents & rates

Chembur — resale, rent & yield

Resale
₹30,900/sqft
median · 46 listings
Rent
₹108.4/sqft/mo
2 BHK ~₹75,000/mo
Gross yield
4.2%/yr
rent vs resale value

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

Property rates in Chembur

Residential · Sale
₹35,000–55,000/sqft
Commercial · Sale
₹40,000–55,000/sqft
2 BHK · Rent
₹70,000–125,000/mo

Upcoming projects & infrastructure in Chembur

take an informed decision

128 MahaRERA projects are due to hand over in Chembur between 2026 and 2030; the nearest upcoming infrastructure to Sriniketan is the Line 4 Green, 1.6 km away (under construction · due 2027).

128
MahaRERA projects handing over in the next 5 years
in Chembur
₹30,400/sqft▼
typical asking price
easing this quarter
₹24,000/sqft
ready reckoner rate (government) · carpet
2025-26 · highest govt zone rate in the area, shown per sq ft carpet · stamp duty is charged on the higher of this and the deal value
New projects in Chembur by possession year
8
2026
58
2027
25
2028
17
2029
20
2030

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

Metro & infrastructure near Sriniketan
  • 🚇Line 2B YellowOpened 20261.2 km
  • 🚇Line 4 GreenUnder construction · due 20271.6 km
📜 1,012 registered transactions (IGR) on record in Chembur. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Chembur prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Chembur, 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

Possession (proposed)
Dec 2022
Project status
New
MahaRERA No.
P51800022438
Data last updated
Oct 2026
Registered
2021-09-08
Escrow Bank
BHARAT COOPERATIVE BANK MUMBAI LIMITED
Architect
R P Asundria
Total FSI
1,636

Buildings · 1 wing

SRINIKETAN · 11 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Neighbourhood around Sriniketan

Sriniketan in Chembur is 0.5 km from Chembur metro station, 0.4 km from Chembur railway station, 0.3 km from General Education Academy and 0.1 km from Kolekar Hospital & ICCU.

  • Ⓜ Metro stationChembur0.5 km
  • Ⓜ Metro stationDiamond Garden0.8 km
  • 🚉 Railway stationChembur0.4 km
  • 🏫 SchoolGeneral Education Academy0.3 km
  • 🏫 SchoolSevadaan Special School0.3 km
  • 🏥 HospitalKolekar Hospital & ICCU0.1 km
  • 🏥 HospitalRushabh Eye Hospital and Laser Centre0.2 km
  • 🎓 CollegeSree Narayan Guru College0.8 km
  • 🛍 MallR Odean2.5 km
  • 🌳 ParkAmbedkar Garden0.2 km

Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →

Construction progress

per MahaRERA
Foundation100%
Structure100%
Finishing100%
Services100%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Podiums (if any)100%
Sanitary Fittings within the flats / premises100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%

Amenities declared to MahaRERA

13
Aggregate area of recreational Open SpaceElectrical meter room, sub-station, r…Fire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingOpen ParkingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And Disposal
+5 more ▾
Storm Water DrainsStreet LightingTreatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvesting

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.

Resale Flats for Sale in Chembur

4

Flats for Rent in Chembur

4

Commercial Projects in Chembur

MahaRERA projects nearby in Chembur

Frequently Asked Questions

Where is Sriniketan located?

Sriniketan is in Chembur, Mumbai 400071.

When is possession of Sriniketan?

As per MahaRERA, proposed possession is Dec 2022.

Is Sriniketan RERA-registered?

Yes — MahaRERA registration P51800022438, registered 2021-09-08.

How many units does Sriniketan have?

MahaRERA records 19 units across 1 building, up to 11 floors.

Who is the developer of Sriniketan?

Majestic Royale Developers View their track record ▸

How many new projects are coming up in Chembur?

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

What metro and infrastructure is near Sriniketan?

Line 2B Yellow — opened 2026, 1.2 km away; Line 4 Green — under construction · due 2027, 1.6 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.

How far is Sriniketan from the nearest metro and railway station?

Sriniketan is about 0.5 km from Chembur metro station and 0.4 km from Chembur railway station (straight-line distance; road distance is longer).

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 2026-10-01). 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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