Sewri · Mumbai
Canvas Residences
D. G. MAHAJANI MARG, Sewri · by Shapoorji Pallonji Real Estate (Coventry Properties Private Limited)
Registered project name
The Canvas Residences - Canvas 1, Canvas 2, Canvas 3Updated Oct 2026
SewriPhotos from the project record · tap to enlarge
At a glance
swipe →A first look at Canvas Residences
Canvas Residences is a residential project by Shapoorji Pallonji Real Estate on D. G. MAHAJANI MARG, Sewri, Mumbai 400015. It is registered with MahaRERA under P51900026182 (registered 2021-09-08). The project has 152 units across 1 building of up to 31 floors. It offers 2 BHK homes with carpet areas of 627–810 sq ft, priced ₹2.5 Cr–₹3.5 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹41,400 per sq ft. MahaRERA proposed possession: Jul 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 WhatsAppUnit configurations filed with MahaRERA (2)
Property listings in Canvas Residences
About Canvas Residences
Location
Canvas Residences stands on D. G. MAHAJANI MARG in Sewri, Mumbai 400015, in the Mumbai City district. Across 108 recent resale listings on MPE, homes in Sewri have a median asking rate of ₹44,600 per sq ft, and a 2 BHK typically rents for about ₹1.1 Lac a month.
MahaRERA record
The MahaRERA registration number is P51900026182, issued on 8 September 2021. The registered promoter is Coventry Properties Private Limited. The filing lists 1 wing: THE CANVAS RESIDENCES -CANVAS 1, CANVAS 2, CANVAS with 152 units over 31 floors. Per the registration, the project escrow account is with HDFC Bank.
Homes and prices
Homes on offer are 2 BHK of 627 sq ft at ₹2.5 Cr; 2½ BHK of 810 sq ft at ₹3.5 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹39,900–₹43,200 per sq ft of carpet, 3% 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 73%, structure at 24%, finishing at 0%, services at 0%. Proposed possession is Jul 2028.
Developer track record
Shapoorji Pallonji Real Estate has 19 projects tracked on Mumbai Property Exchange, 11 of them delivered (ready or sold out).
Buyer demand in Sewri
In the last 90 days, buyers and tenants registered 7 requirements for Sewri with Mumbai Property Exchange, 4 of them to buy and 1 specifically for 2 BHK homes.
Sewri market
prices, rents & ratesPrice vs locality
Sewri — resale, rent & yield
This project is quoted around ₹41,400/sqft — 7% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Sewri
Upcoming projects & infrastructure in Sewri
take an informed decision3 MahaRERA projects are due to hand over in Sewri between 2027 and 2031.
Supply is not evenly spread — one year carries almost half of it.
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Sewri, 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
152 unitsLocation
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: 2½ BHK · 810 sq ft at ₹3.50 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% (₹2.62 Cr here), released stage by stage, so your own money is about ₹87.5 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 ₹2.28 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
18+10 more ▾
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 (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 Sewri
4
Flats for Rent in Sewri
3
Compare The Canvas Residences - Canvas 1, Canvas 2, Canvas 3 with similarly priced projects nearby
MahaRERA projects nearby in Sewri
Frequently Asked Questions
Where is Canvas Residences located?
Canvas Residences is on D. G. MAHAJANI MARG, Sewri, Mumbai 400015.
What is the price of Canvas Residences?
2 BHK homes are priced ₹2.5 Cr–₹3.5 Cr as on 09 Jul 2026, about ₹41,400 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Canvas Residences offer?
2 BHK – 627 sq ft carpet at ₹2.5 Cr; 2½ BHK – 810 sq ft carpet at ₹3.5 Cr.
When is possession of Canvas Residences?
As per MahaRERA, proposed possession is Jul 2028.
Is Canvas Residences RERA-registered?
Yes — MahaRERA registration P51900026182, registered 2021-09-08.
How many units does Canvas Residences have?
MahaRERA records 152 units across 1 building, up to 31 floors.
Who is the developer of Canvas Residences?
Shapoorji Pallonji Real Estate (Coventry Properties Private Limited) — 19 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Sewri?
3 MahaRERA-registered projects in Sewri 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.
