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Resale and rental stock live in this buildingMahaRERA P51900021103

Lower Parel · Mumbai

The Baya Central

Sitaram Jadhav Marg, Lower Parel · by The Baya Company (Renaissance Homes)

Updated Sep 2026

156
Units
2025
Possession
1
Buildings
Certificate Signed
Status

A first look at The Baya Central

The Baya Central is a residential project on Sitaram Jadhav Marg, Lower Parel, Mumbai 400013. It is registered with MahaRERA under P51900021103 (registered 2021-09-08). The project has 156 units across 1 building of up to 21 floors. It offers 1, 2 & 3 BHK homes with carpet areas of 373–745 sq ft, priced ₹1.41 Cr–₹2.83 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹37,900 per sq ft. MahaRERA proposed possession: Dec 2025.

Resale and rental stock live in this building.

5 for sale · 6 for rent in this building right now, listed below.

Availability & Pricing

TypeCarpetPriceAvail
1 BHK373 ft²₹1.41 Cr—
2 BHK577 ft²₹2.19 Cr—
3 BHK745 ft²₹2.83 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

Property listings in The Baya Central

For sale
For rent

The Baya Central floor plans

2
The Baya Central, Lower Parel — floor plan 1The Baya Central, Lower Parel — floor plan 2

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

About The Baya Central

Location

The Baya Central stands on Sitaram Jadhav Marg in Lower Parel, Mumbai 400013. Across 117 recent resale listings on MPE, homes in Lower Parel have a median asking rate of ₹46,666 per sq ft, and a 2 BHK typically rents for about ₹1.55 Lac a month.

MahaRERA record

The Baya Central is registered with MahaRERA under P51900021103, dated 8 September 2021. The registered promoter is Renaissance Homes. The filing lists 1 wing: The Baya Central with 156 units over 21 floors. According to MahaRERA, the architect on record is Catapult Realty Consultants and the project escrow account is with HDFC Bank.

Homes and prices

Homes on offer are 1 BHK of 373 sq ft at ₹1.41 Cr; 2 BHK of 577 sq ft at ₹2.19 Cr; 3 BHK of 745 sq ft at ₹2.83 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹37,800–₹38,000 per sq ft of carpet, 19% below 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 58%, structure at 33%, finishing at 0%, services at 5%. Proposed possession is Dec 2025.

Developer track record

The Baya Company has 9 projects tracked on Mumbai Property Exchange, 7 of them delivered (ready or sold out).

Buyer demand in Lower Parel

In the last 90 days, buyers and tenants registered 26 requirements for Lower Parel with Mumbai Property Exchange, 11 of them to buy and 11 specifically for 1, 2 & 3 BHK homes.

Developer's description ▾
The Baya Central is a Residential Project developed by the Baya Company. It is located at Lower Parel. One of the key advantages of Lower Parel is its central location, which provides excellent connectivity to various parts of Mumbai. It is well-connected through major roadways such as the Western Express Highway, Eastern Express Highway, and Senapati Bapat Marg. In terms of infrastructure, Lower Parel boasts modern amenities such as hospitals, educational institutions, and recreational parks. The neighbourhood is also home to the famous Mahalaxmi Racecourse and the historic Haji Ali Dargah, both of which are popular attractions. It is a 20 storey luxurious tower with 1,2 and 3 BHK homes. All lifestyle amenities including well equipped gym, conference center, AV room, sundeck, rooftop lounge and much more.

Price vs Locality

₹37,914
/sqft · Lower Parel rate-band mid-point ₹82,500
54% below mid-point

Upcoming projects & infrastructure in Lower Parel

take an informed decision

4 MahaRERA projects are due to hand over in Lower Parel between 2027 and 2031; the nearest upcoming infrastructure to The Baya Central is the Worli-Sewri Connector, 0.4 km away (under construction · due 2026).

4
MahaRERA projects handing over in the next 5 years
in Lower Parel
₹59,300/sqft▲
typical asking price
rising this quarter
₹29,500/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Lower Parel by possession year
0
2027
2
2028
1
2029
1
2030
0
2031

Supply is not evenly spread — one year carries almost half of it.

Metro & infrastructure near The Baya Central
  • 🛣️Worli-Sewri ConnectorUnder construction · due 20260.4 km
  • 🚇Line 3 AquaOpened 20251.3 km
  • 🚇Line 11 GreenApproved1.4 km
  • 🛣️Coastal Road (Phase 1)Opened 20241.7 km
  • 🌉MTHL / Atal SetuOpened 20243.3 km
📜 4,191 registered transactions (IGR) on record in Lower Parel, 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 Lower Parel 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.

Lower Parel — resale, rent & yield

Resale
₹46,666/sqft
median · 117 listings
Rent
₹231.9/sqft/mo
2 BHK ~₹155,000/mo
Gross yield
6.0%/yr
rent vs resale value

This project is quoted around ₹37,914/sqft — 19% below resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
Bedroom363–577 ft²₹1.38 Cr–₹2.19 Cr
2 BHK618–630 ft²₹2.34 Cr–₹2.39 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 2025
Project status
New
MahaRERA No.
P51900021103
Data last updated
Sep 2026
Registered
2021-09-08
Escrow Bank
HDFC BANK
Architect
Catapult Realty Consultants
Total FSI
7,033

Buildings · 1 wing

156 units
The Baya Central · 21 fl · 156 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation58%
Structure33%
Finishing0%
Services5%
See all 11 stages ▾
Excavation100%
Stilt Floor100%
Podiums (if any)90%
Slabs of Super Structure33%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …10%
Basement (if any)0%
External plumbing and external plaster, elevation, completion of terr…0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…0%
Plinth0%
Sanitary Fittings within the flats / premises0%

Amenities

5
Electrical meter room, sub-station, r…Fire protection and fire safety requi…Sewerage (Chamber, Lines, Septic Tank…Storm Water DrainsWater Supply

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.

💬 Ask about resale or rental options

Lower Parel market context

Property Rates in Lower Parel

Residential · Sale
₹60,000–105,000/sqft
Commercial · Sale
₹75,000–110,000/sqft
2 BHK · Rent
₹165,000–275,000/mo

Resale Flats for Sale in Lower Parel

4

Flats for Rent in Lower Parel

4

Commercial for Sale in Lower Parel

2

Commercial for Lease in Lower Parel

1

Commercial Projects in Lower Parel

MahaRERA projects nearby in Lower Parel

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 The Baya Central located?

The Baya Central is on Sitaram Jadhav Marg, Lower Parel, Mumbai 400013.

What is the price of The Baya Central?

1, 2 & 3 BHK homes are priced ₹1.41 Cr–₹2.83 Cr as on 09 Jul 2026, about ₹37,900 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does The Baya Central offer?

1 BHK – 373 sq ft carpet at ₹1.41 Cr; 2 BHK – 577 sq ft carpet at ₹2.19 Cr; 3 BHK – 745 sq ft carpet at ₹2.83 Cr.

When is possession of The Baya Central?

As per MahaRERA, proposed possession is Dec 2025.

Is The Baya Central RERA-registered?

Yes — MahaRERA registration P51900021103, registered 2021-09-08.

How many units does The Baya Central have?

MahaRERA records 156 units across 11 buildings, up to 21 floors.

Who is the developer of The Baya Central?

The Baya Company (Renaissance Homes) — 9 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Lower Parel?

4 MahaRERA-registered projects in Lower Parel are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near The Baya Central?

Worli-Sewri Connector — under construction · due 2026, 0.4 km away; Line 3 Aqua — opened 2025, 1.3 km away; Line 11 Green — approved, 1.4 km away; Coastal Road (Phase 1) — opened 2024, 1.7 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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