Lower Parel · Mumbai
The Grand
Off Pandurang Budhkar Marg, Lower Parel · by Bhojwani Builders
Registered project name
The Grand Tower No 1Updated Sep 2026
Lower ParelPhotos from the project record · tap to enlarge
A first look at The Grand
In short
- Price: ₹24 Cr–₹48 Cr (≈₹80,000/sq ft), as on 27 Aug 2026
- Configurations: 4 & 5 BHK — 4 BHK – 3,000 sq ft carpet; 5 BHK – 6,000 sq ft carpet
- Possession: May 2028
- MahaRERA: P51900076793
- Under construction, RERA possession May 2028.
The Grand is a residential project by Bhojwani Builders on Off Pandurang Budhkar Marg, Lower Parel, Mumbai 400013. It is registered with MahaRERA under P51900076793 (registered 2024-07-01). The project has 103 units across 2 buildings of up to 50 floors. It offers 4 & 5 BHK homes with carpet areas of 3,000–6,000 sq ft, priced ₹24 Cr–₹48 Cr as on 27 Aug 2026 (indicative). The quoted rate is about ₹80,000 per sq ft. MahaRERA proposed possession: May 2028.
Ask an advisor to verify current developer inventory and price.
Availability & Pricing
Prices as on 27 Aug 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.
💬 Request latest price on WhatsAppAbout The Grand
Location
The Grand stands on Off Pandurang Budhkar 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 MahaRERA registration number is P51900076793, issued on 1 July 2024. The registered promoter is Samir Narain Bhojwani. The filing lists 2 wings: A WING with 51 units over 50 floors; BUILDING NO 1- B WING with 52 units over 50 floors. Per the registration, the architect on record is Meherdad Dastur and the project escrow account is with Union Bank Of India.
Homes and prices
Homes on offer are 4 BHK of 3,000 sq ft at ₹24 Cr; 5 BHK of 6,000 sq ft at ₹48 Cr (carpet area), as on 27 Aug 2026. That works out to about ₹80,000 per sq ft of carpet, 71% 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 93%, structure at 91%, finishing at 0%, services at 46%. Proposed possession is May 2028.
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.
Price vs Locality
Upcoming projects & infrastructure in Lower Parel
take an informed decision4 MahaRERA projects are due to hand over in Lower Parel between 2027 and 2031.
Supply is not evenly spread — one year carries almost half of it.
🔒 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
This project is quoted around ₹80,000/sqft — 71% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Unit Configurations (per MahaRERA)
RERA record & possession
Buildings · 2 wings
103 unitsLocation
Construction progress
per MahaRERASee all 11 stages ▾
Amenities
11+3 more ▾
Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Verify current project inventoryLower Parel market context
Property Rates in Lower Parel
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
1Commercial Projects in Lower Parel
Compare The Grand Tower No 1 with similarly priced projects nearby
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 Grand located?
The Grand is on Off Pandurang Budhkar Marg, Lower Parel, Mumbai 400013.
What is the price of The Grand?
4 & 5 BHK homes are priced ₹24 Cr–₹48 Cr as on 27 Aug 2026, about ₹80,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does The Grand offer?
4 BHK – 3,000 sq ft carpet at ₹24 Cr; 5 BHK – 6,000 sq ft carpet at ₹48 Cr.
When is possession of The Grand?
As per MahaRERA, proposed possession is May 2028.
Is The Grand RERA-registered?
Yes — MahaRERA registration P51900076793, registered 2024-07-01.
How many units does The Grand have?
MahaRERA records 103 units, up to 50 floors.
Who is the developer of The Grand?
Bhojwani Builders — 1 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.
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.
What is the price per sq ft at The Grand?
About ₹80,000 per sq ft, as on 27 Aug 2026. Indicative, subject to reconfirmation.
