Bhandup · Mumbai
Advent Neel Residency
LBS Marg, Opp. Dreams Mall, Bhandup · by Advent Developers (Neel Realtors)
Updated Oct 2026
🗺 View on map · schools, metro & distancesBhandupPhotos from the project record · tap to enlarge
Project card by Mumbai Property Exchange · tap to open and share
The story at a glance
At a glance
swipe →- Goregaon-Mulund Link Road (GMLR)1.3 km
- Line 4 Green3.0 km
- Line 14 (Kanjurmarg-Badlapur/Ambernath)3.1 km
A first look at Advent Neel Residency
Advent Neel Residency is a residential project on LBS Marg, Opp. Dreams Mall, Bhandup, Mumbai 400078. It is registered with MahaRERA under PM1180002400062 (registered 2024-10-08). The project has 46 units across 1 building of up to 14 floors. It offers 1 & 2 BHK homes with carpet areas of 409–635 sq ft, priced ₹1.02 Cr–₹1.52 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹24,900 per sq ft. MahaRERA proposed possession: Dec 2028.
Ask an advisor to verify current developer inventory and price.
Availability & Pricing
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 WhatsAppAbout Advent Neel Residency
Location
The address of Advent Neel Residency is LBS Marg, Opp. Dreams Mall, Bhandup, Mumbai 400078, in the Mumbai Suburban district. Across 34 recent resale listings on MPE, homes in Bhandup have a median asking rate of ₹24,400 per sq ft.
MahaRERA record
Advent Neel Residency is registered with MahaRERA under PM1180002400062, dated 8 October 2024. The registered promoter is Neel Realtors. The filing lists 3 wings: Wing A with 46 units over 14 floors; Wing B over 4 floors; Wing C over 4 floors. According to MahaRERA, the architect on record is Manoj Dubbal & Associates and the project escrow account is with Indian Bank.
Homes and prices
The price list covers 1 BHK of 409–420 sq ft at ₹1.02 Cr–₹1.05 Cr; 2 BHK of 635 sq ft at ₹1.52 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹23,900–₹25,000 per sq ft of carpet, in line with 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 76%, structure at 35%, finishing at 3%, services at 35%. Proposed possession is Dec 2028.
Developer track record
Advent Developers has 5 projects tracked on Mumbai Property Exchange, 3 of them delivered (ready or sold out). Other projects by the same developer include Neelam Stellar Passcode Supremo, Neelyog Aarana, Neelyog Aawas.
Buyer demand in Bhandup
In the last 90 days, buyers and tenants registered 18 requirements for Bhandup with Mumbai Property Exchange, 8 of them to buy and 7 specifically for 1 & 2 BHK homes.
Bhandup market
prices, rents & ratesPrice vs locality
Bhandup — resale, rent & yield
This project is quoted around ₹24,939/sqft — 2% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Bhandup
Upcoming projects & infrastructure in Bhandup
take an informed decision43 MahaRERA projects are due to hand over in Bhandup between 2026 and 2030; the nearest upcoming infrastructure to Advent Neel Residency is the Goregaon-Mulund Link Road (GMLR), 1.3 km away (under construction · due 2028).
Supply is not evenly spread — one year carries about a third of it.
- 🚇Goregaon-Mulund Link Road (GMLR)Under construction · due 20281.3 km
- 🚇Line 4 GreenUnder construction · due 20273.0 km
- 🚇Line 14 (Kanjurmarg-Badlapur/Ambernath)Approved3.1 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Bhandup, 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 · 3 wings
46 unitsLocation
Neighbourhood around Advent Neel Residency
Advent Neel Residency in Bhandup is 2.3 km from Mulund Fire Station metro station, 1.5 km from Nahur railway station, 0.3 km from Mumbai Public School and 0.5 km from Dr Bothra's Hospital.
- Ⓜ Metro stationMulund Fire Station2.3 km
- 🚉 Railway stationNahur1.5 km
- 🏫 SchoolMumbai Public School0.3 km
- 🏫 SchoolRajaramsheth Vidyalaya0.8 km
- 🏥 HospitalDr Bothra's Hospital0.5 km
- 🏥 HospitalDr Bhatia’s Hospital, Bhandup0.9 km
- 🎓 CollegeNavjeevan Junior College0.6 km
- 🛍 MallFilix Mall0.5 km
- 🌳 ParkRed Ground1.0 km
Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →
Construction progress
per MahaRERASee all 14 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: 1 BHK · 420 sq ft at ₹1.05 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% (₹78.8 L here), released stage by stage, so your own money is about ₹26.2 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 ₹68,300/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
8Next 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 Bhandup
4
Flats for Rent in Bhandup
4
Commercial Projects in Bhandup
More by Advent Developers (Neel Realtors)
Compare Advent Neel Residency with similarly priced projects nearby
MahaRERA projects nearby in Bhandup
Frequently Asked Questions
Where is Advent Neel Residency located?
Advent Neel Residency is on LBS Marg, Opp. Dreams Mall, Bhandup, Mumbai 400078.
What is the price of Advent Neel Residency?
1 & 2 BHK homes are priced ₹1.02 Cr–₹1.52 Cr as on 09 Jul 2026, about ₹24,900 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Advent Neel Residency offer?
1 BHK – 409 sq ft carpet at ₹1.02 Cr; 1 BHK – 420 sq ft carpet at ₹1.05 Cr; 2 BHK – 635 sq ft carpet at ₹1.52 Cr.
When is possession of Advent Neel Residency?
As per MahaRERA, proposed possession is Dec 2028.
Is Advent Neel Residency RERA-registered?
Yes — MahaRERA registration PM1180002400062, registered 2024-10-08.
How many units does Advent Neel Residency have?
MahaRERA records 46 units across 7 buildings, up to 14 floors.
Who is the developer of Advent Neel Residency?
Advent Developers (Neel Realtors) — 5 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Bhandup?
43 MahaRERA-registered projects in Bhandup are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Advent Neel Residency?
Goregaon-Mulund Link Road (GMLR) — under construction · due 2028, 1.3 km away; Line 4 Green — under construction · due 2027, 3.0 km away; Line 14 (Kanjurmarg-Badlapur/Ambernath) — approved, 3.1 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 Advent Neel Residency from the nearest metro and railway station?
Advent Neel Residency is about 2.3 km from Mulund Fire Station metro station and 1.5 km from Nahur railway station (straight-line distance; road distance is longer).
