Chembur · Mumbai
117 Residency
Chembur · by V3 Partners
Updated Oct 2026
ChemburPhotos from the project record · tap to enlarge
A first look at 117 Residency
117 Residency is a residential project by V3 Partners in Chembur, Mumbai 400071. It is registered with MahaRERA under P51800012457 (registered 2017-09-01). 117 Residency is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 21 units across 1 building of up to 9 floors. It offers 2 BHK homes with carpet areas of 605–650 sq ft. MahaRERA proposed possession: Dec 2019.
Ask an advisor to check current resale or rental availability.
Unit configurations filed with MahaRERA (2)
117 Residency floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About 117 Residency
Location
The project is in Chembur, Mumbai 400071, in the Mumbai Suburban district. Across 45 recent resale listings on MPE, homes in Chembur have a median asking rate of ₹32,100 per sq ft, and a 2 BHK typically rents for about ₹80,000 a month.
MahaRERA record
117 Residency is registered with MahaRERA under P51800012457, dated 1 September 2017. The filing lists 1 wing: 117 RESIDENCY over 9 floors. According to MahaRERA, the architect on record is B H Wadhwa & Co and the project escrow account is with ICICI Bank Ltd.
Homes and prices
Homes on offer are 2 BHK of 605–650 sq ft at ₹1.51 Cr–₹1.62 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹24,900–₹25,000 per sq ft of carpet, 22% 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 80%, structure at 70%, finishing at 13%, services at 20%. Proposed possession is Dec 2019.
Developer track record
V3 Partners has 4 projects tracked on Mumbai Property Exchange, 3 of them delivered (ready or sold out). Other projects by the same developer include Shiv Parbat, Bhagwan Residency, Manhar Residency.
Buyer demand in Chembur
In the last 90 days, buyers and tenants registered 41 requirements for Chembur with Mumbai Property Exchange, 15 of them to buy and 9 specifically for 2 BHK homes.
Developer's description ▾
Chembur market
prices, rents & ratesPrice vs locality
Chembur — resale, rent & yield
This project is quoted around ₹24,941/sqft — 22% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Chembur
Upcoming projects & infrastructure in Chembur
take an informed decision131 MahaRERA projects are due to hand over in Chembur between 2026 and 2030; the nearest upcoming infrastructure to 117 Residency is the Line 4 Green, 0.3 km away (under construction · due 2027).
Supply is not evenly spread — one year carries about a third of it.
- 🚇Line 4 GreenUnder construction · due 20270.3 km
- 🚇Line 2B YellowOpened 20261.1 km
- 🚇Line 3 AquaOpened 20252.7 km
- 🚄Mumbai-Ahmedabad Bullet TrainUnder construction · due 20292.7 km
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
Buildings · 1 wing
Location
Construction progress
per MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.
In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.
Example: 2 BHK · 650 sq ft at ₹1.62 Cr (the price recorded above).
- ○ Plinth complete45% paid by then
- ○ Slabs complete70% paid by then
- ○ Walls, plaster & flooring75% paid by then
- ○ Sanitary fittings80% paid by then
- ○ Staircases, lift wells & lobbies85% paid by then
- ○ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹1.22 Cr here), released stage by stage, so your own money is about ₹40.5 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹1.05 L/month (8.5%, 20 years).
Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.
💬 Talk through the numbers with an MPE advisorAmenities
6Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Ask about resale or rental optionsResale Flats for Sale in Chembur
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Frequently Asked Questions
Where is 117 Residency located?
117 Residency is in Chembur, Mumbai 400071.
What is the price of 117 Residency?
117 Residency is sold out by the developer; ask MPE for resale or rental flats in this building.
What configurations and carpet areas does 117 Residency offer?
2 BHK – 605 sq ft carpet; 2 BHK – 650 sq ft carpet.
When is possession of 117 Residency?
As per MahaRERA, proposed possession is Dec 2019.
Is 117 Residency RERA-registered?
Yes — MahaRERA registration P51800012457, registered 2017-09-01.
How many units does 117 Residency have?
MahaRERA records 21 units across 9 buildings, up to 9 floors.
Who is the developer of 117 Residency?
V3 Partners — 4 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Chembur?
131 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 117 Residency?
Line 4 Green — under construction · due 2027, 0.3 km away; Line 2B Yellow — opened 2026, 1.1 km away; Line 3 Aqua — opened 2025, 2.7 km away; Mumbai-Ahmedabad Bullet Train — under construction · due 2029, 2.7 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.
