Chembur · Mumbai
Bhagwan Residency
R C MARG, Chembur · by V3 Partners
Updated Oct 2026
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The story at a glance

At a glance
swipe →- Line 4 Green0.8 km
- Line 2B Yellow1.8 km
- Line 3 Aqua3.5 km
A first look at Bhagwan Residency
Bhagwan Residency is a residential project by V3 Partners on R C MARG, Chembur, Mumbai 400074. It is registered with MahaRERA under P51800049808 (registered 2026-02-17). The project has 17 units across 1 building of up to 10 floors. It offers 2 & 3 BHK homes with carpet areas of 733–1,093 sq ft, priced ₹3.25 Cr–₹4.85 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹44,300 per sq ft. MahaRERA proposed possession: Feb 2027.
Review mapped resale, rental or ready inventory and reconfirm availability.
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 WhatsAppUnit configurations filed with MahaRERA (1)
About Bhagwan Residency
Location
Bhagwan Residency stands on R C MARG in Chembur, Mumbai 400074, in the Mumbai Suburban district. Across 48 recent resale listings on MPE, homes in Chembur have a median asking rate of ₹30,900 per sq ft, and a 2 BHK typically rents for about ₹80,000 a month.
MahaRERA record
The MahaRERA registration number is P51800049808, issued on 17 February 2026. The filing lists 1 wing: BHAGWAN RESIDENCY with 17 units over 10 floors. Per the registration, the architect on record is B H WADHWA AND CHHADVA ASSOCIATES and the project escrow account is with ICICI Bank Ltd.
Homes and prices
Homes on offer are 2 BHK of 733–875 sq ft at ₹3.25 Cr–₹3.88 Cr; 3 BHK of 1,093 sq ft at ₹4.85 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹44,300–₹44,400 per sq ft of carpet, 43% 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 58%, structure at 100%, finishing at 300%, services at 45%. Proposed possession is Feb 2027.
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.
Buyer demand in Chembur
In the last 90 days, buyers and tenants registered 51 requirements for Chembur with Mumbai Property Exchange, 20 of them to buy and 16 specifically for 2 & 3 BHK homes.
Chembur market
prices, rents & ratesPrice vs locality
Chembur — resale, rent & yield
This project is quoted around ₹44,300/sqft — 43% above 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 Bhagwan Residency is the Line 4 Green, 0.8 km away (under construction · due 2027).
Supply is not evenly spread — one year carries about a third of it.
- 🚇Line 4 GreenUnder construction · due 20270.8 km
- 🚇Line 2B YellowOpened 20261.8 km
- 🚇Line 3 AquaOpened 20253.5 km
- 🚄Mumbai-Ahmedabad Bullet TrainUnder construction · due 20293.5 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
17 unitsLocation
Neighbourhood around Bhagwan Residency
Bhagwan Residency in Chembur is 0.3 km from Fertilizer Township metro station, 2.4 km from Chembur railway station, 0.8 km from St. Sebastian's High School and 0.4 km from Chandra maternity Hospital.
- Ⓜ Metro stationFertilizer Township0.3 km
- Ⓜ Metro stationBharat Petroleum1.0 km
- 🚉 Railway stationChembur2.4 km
- 🏫 SchoolSt. Sebastian's High School0.8 km
- 🏫 SchoolLodha Oakwood School1.4 km
- 🏥 HospitalChandra maternity Hospital0.4 km
- 🏥 HospitalShiv Hospital0.4 km
- 🎓 CollegeVES Institute of Management0.3 km
- 🌳 ParkVES ground0.1 km
Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →
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 · 875 sq ft at ₹3.88 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% (₹2.91 Cr here), released stage by stage, so your own money is about ₹97.0 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 ₹2.53 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 declared to MahaRERA
6Members' lens
The developer's full amenity list, views and home features
From the builder's brochure and the homes we have listed here. The list above is what was declared to MahaRERA.
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Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
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Frequently Asked Questions
Where is Bhagwan Residency located?
Bhagwan Residency is on R C MARG, Chembur, Mumbai 400074.
What is the price of Bhagwan Residency?
2 & 3 BHK homes are priced ₹3.25 Cr–₹4.85 Cr as on 09 Jul 2026, about ₹44,300 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Bhagwan Residency offer?
2 BHK – 733 sq ft carpet at ₹3.25 Cr; 2 BHK – 875 sq ft carpet at ₹3.88 Cr; 3 BHK – 1,093 sq ft carpet at ₹4.85 Cr.
When is possession of Bhagwan Residency?
As per MahaRERA, proposed possession is Feb 2027.
Is Bhagwan Residency RERA-registered?
Yes — MahaRERA registration P51800049808, registered 2026-02-17.
How many units does Bhagwan Residency have?
MahaRERA records 17 units across 1 building, up to 10 floors.
Who is the developer of Bhagwan 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 Bhagwan Residency?
Line 4 Green — under construction · due 2027, 0.8 km away; Line 2B Yellow — opened 2026, 1.8 km away; Line 3 Aqua — opened 2025, 3.5 km away; Mumbai-Ahmedabad Bullet Train — under construction · due 2029, 3.5 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 Bhagwan Residency from the nearest metro and railway station?
Bhagwan Residency is about 0.3 km from Fertilizer Township metro station and 2.4 km from Chembur railway station (straight-line distance; road distance is longer).
