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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
T
The Palms, Neral
✓ MahaRERA P51700000006RERA: no litigation reported

The Palms

📍 Off Palm Beach Road, Neral, Thane · 400706
🕒 Last updated Sep 2026

The Palms is a residential project by Metro Group on Off Palm Beach Road, Neral, Mumbai 400706. It is registered with MahaRERA under P51700000006 (registered 2017-05-23). The project has 79 units across 1 building of up to 17 floors. It offers 5 BHK homes with carpet areas of 3,150 sq ft, priced ₹5.5 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹17,500 per sq ft. MahaRERA proposed possession: Mar 2019.

Availability & Pricing

TypeCarpetPriceAvail
5 BHK3150 ft²₹5.5 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
79
Units
2019
Possession
1
Buildings
Certificate Signed
Status
Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

PB
Pooja Batra · Senior Advisor
Mumbai Property Exchange · MahaRERA-registered since 2017

Gallery

The Palms, Neral — photo 1The Palms, Neral — photo 2The Palms, Neral — photo 3The Palms, Neral — photo 4The Palms, Neral — photo 5The Palms, Neral — photo 6The Palms, Neral — photo 7The Palms, Neral — photo 8

The Palms floor plans

2
The Palms, Neral — floor plan 1The Palms, Neral — floor plan 2

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

Next steps

About The Palms

Location

The address of The Palms is Off Palm Beach Road, Neral, Mumbai 400706, in the Thane district.

MahaRERA record

The MahaRERA registration number is P51700000006, issued on 23 May 2017. The registered promoter is Metro Development. The filing lists 1 wing: THE PALMS over 17 floors. Per the registration, the architect on record is Amit N .Patil Architects and the project escrow account is with HDFC Bank. The current MahaRERA source record reports no litigations.

Homes and prices

The price list covers 5 BHK of 3,150 sq ft at ₹5.5 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹17,500 per sq ft of carpet. 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 100%, finishing at 73%, services at 94%. Proposed possession is Mar 2019.

Developer track record

Metro Group has 25 projects tracked on Mumbai Property Exchange, 16 of them delivered (ready or sold out). Other projects by the same developer include Metro Excellency, Metro Regalia, Regents Park.

Developer's description ▾

'The Palms' brings the finest of luxuries, 180 degree expansive views, exceptional landscaping, meticulous designing, state-of-the-art features, world class recreations and lifestyle residences.

The Palms is a 13 storied Ready Possession Project with OC and the location is Off Palm Beach Road, Neral and is developed by Metro Group.

The Palms was launched in Oct 2015 and delivered by March 2019. The Palms is RERA approved has the Registration Number bearing P51700000006.

Highlights of The Palms:

  • Podium + 13 Storeys Tower
  • Ultra-luxurious 2 & 3 BHK lake-facing apartments
  • 5 BHK Penthouse with Private Terrace and Barbecue Area
  • 2 Wings of Luxurious Living Spaces
  • Video Door Phone with Intercom Facility
  • Multiple Parking Zones on Two Levels
  • Hi-speed Access Controlled Elevators

Metro Group also has other under construction and ready possession and sold out projects like The Palms, Nakshatra, Swiss Boulevard, Tulsi Marvel, The Palms.

The property prices in Neral are in the range of to for Outright for ready and under construction projects.

Metro Group currently has 1 Ready Possession, 2 Under Construction projects.

The Palms has good reviews and the ratings of this project are approximately 3.5 out of 5.

You can download the brochure of The Palms and you can see the latest digital pictures, Floor Plans, Location Plans & Rate History on our website. The Bookings for the Ready Possession project The Palms are open and we can set up a Site Visit any time at your Convenience.
The Palms is approved by most of the Banks and for more details on the approved bank list, please connect with us.


Price vs Locality

₹17,460
/sqft · Neral rate-band mid-point ₹30,000
42% below mid-point

Upcoming projects & infrastructure in Nerul

take an informed decision

27 MahaRERA projects are due to hand over in Nerul between 2026 and 2030; the nearest upcoming infrastructure to The Palms is the Line 8 Gold (Airport Express), 2.3 km away (under construction · due 2030).

27
MahaRERA projects handing over in the next 5 years
in Nerul
₹25,700/sqft
typical asking price
steady this quarter
New projects in Nerul by possession year
2
2026
1
2027
5
2028
10
2029
9
2030

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

Metro & infrastructure near The Palms
In the full Nerul 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.

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
2 BHK484–525 ft²₹85 L–₹92 L
3 BHK743–854 ft²₹1.3 Cr–₹1.49 Cr
5 BHK Amp More1,557 ft²₹2.72 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)
Mar 2019
Project status
Ongoing
MahaRERA No.
P51700000006
Data last updated
Sep 2026
Registered
2017-05-23
Litigation
No reported in source
Escrow Bank
HDFC BANK
Architect
Amit N .Patil Architects
Total FSI
5,514

Buildings · 1 wing

THE PALMS · 17 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation100%
Structure100%
Finishing73%
Services94%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Plinth100%
Podiums (if any)100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…95%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…87%
Sanitary Fittings within the flats / premises25%

Amenities

10
Electrical meter room, sub-station, r…Fire protection and fire safety requi…Landscaping & Tree PlantingOpen ParkingSWIMMING POOLSewerage (Chamber, Lines, Septic Tank…Storm Water DrainsTreatment And Disposal Of Sewage And …
+2 more ▾
Water SupplyWater conservation /Rain water harvesting

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

Neral market context

Property Rates in Neral

Residential · Sale
₹20,000–40,000/sqft
Commercial · Sale
₹10,000–35,000/sqft
2 BHK · Rent
₹45,000–100,000/mo

Resale Flats for Sale in Neral

3

Flats for Rent in Neral

1

Commercial for Sale in Neral

1

Commercial Projects in Neral

More by Metro Group

MahaRERA projects nearby in Neral

Frequently Asked Questions

Where is The Palms located?

The Palms is on Off Palm Beach Road, Neral, Mumbai 400706.

What is the price of The Palms?

5 BHK homes are priced ₹5.5 Cr as on 09 Jul 2026, about ₹17,500 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does The Palms offer?

5 BHK – 3,150 sq ft carpet at ₹5.5 Cr.

When is possession of The Palms?

As per MahaRERA, proposed possession is Mar 2019.

Is The Palms RERA-registered?

Yes — MahaRERA registration P51700000006, registered 2017-05-23. The current MahaRERA source record reports no litigations.

How many units does The Palms have?

MahaRERA records 79 units across 1 building, up to 17 floors.

Who is the developer of The Palms?

Metro Group — 25 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Nerul?

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

What metro and infrastructure is near The Palms?

Line 8 Gold (Airport Express) — under construction · due 2030, 2.3 km away; Mumbai-Delhi Expressway (Vadodara link) — under construction · due 2028, 2.4 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 2026-09-13). 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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