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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
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Dev Balaji Residency, New Panvel
✓ MahaRERA P52000003419RERA: no litigation reported

Dev Balaji Residency

📍 New Panvel, Raigarh · 410206
🕒 Last updated Sep 2026

Dev Balaji Residency is a residential project in New Panvel, Mumbai 410206. It is registered with MahaRERA under P52000003419 (registered 2017-08-05). The project has 131 units across 6 buildings of up to 6 floors. It offers 1 & 2 BHK homes with carpet areas of 289–601 sq ft. The quoted rate is about ₹3,200 per sq ft. MahaRERA proposed possession: Dec 2018.

Availability & Pricing

TypeCarpetPriceAvail
1 RK289 ft²On request
1 BHK390 ft²On request
1 BHK450 ft²On request
2 BHK601 ft²On request

Prices not recently confirmed. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp
131
Units
2018
Possession
6
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

Dev Balaji Residency, New Panvel — photo 1Dev Balaji Residency, New Panvel — photo 2Dev Balaji Residency, New Panvel — photo 3Dev Balaji Residency, New Panvel — photo 4Dev Balaji Residency, New Panvel — photo 5Dev Balaji Residency, New Panvel — photo 6Dev Balaji Residency, New Panvel — photo 7Dev Balaji Residency, New Panvel — photo 8Dev Balaji Residency, New Panvel — photo 9Dev Balaji Residency, New Panvel — photo 10Dev Balaji Residency, New Panvel — photo 11

Dev Balaji Residency floor plans

2
Dev Balaji Residency, New Panvel — floor plan 1Dev Balaji Residency, New Panvel — floor plan 2

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

Next steps

About Dev Balaji Residency

Location

Dev Balaji Residency is located in New Panvel, Mumbai 410206, in the Raigarh district.

MahaRERA record

The MahaRERA registration number is P52000003419, issued on 5 August 2017. The registered promoter is Dev Builders and Developers. The filing lists 6 wings: BUILDING NUMBER 3 over 6 floors; Building No 6A over 6 floors; Building No 6B over 6 floors; Building No 7 A over 6 floors; Building Number 6C over 6 floors; Building no 7B over 6 floors. Per the registration, the architect on record is Satish Manohar and the project escrow account is with Axis Bank. The current MahaRERA source record reports no litigations.

Homes and prices

Homes on offer are 1 RK of 289 sq ft; 1 BHK of 390–450 sq ft; 2 BHK of 601 sq ft (carpet area). Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 83%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Dec 2018.

Developer track record

Dev Builders has 1941 projects tracked on Mumbai Property Exchange, 1699 of them delivered (ready or sold out). Other projects by the same developer include Zen Pristine, Shreeji Destiny, Shree Suryodaya.

Buyer demand in New Panvel

In the last 90 days, buyers and tenants registered 14 requirements for New Panvel with Mumbai Property Exchange, 3 of them to buy and 7 specifically for 1 & 2 BHK homes.

Developer's description ▾
Dev Balaji Residency is uniquely located between commercial / industrial areas; namely TALOJA MIDC. The project consist of 07 buildings having 341 flats, which is a mini-township with Designed 1RK, 1 BHK, and 2BHK Homes. The location also promises more growth in the future with a proposed metro line which is adjacent to the project and is close to the upcoming international, and domestic airport from the site.

Price vs Locality

₹3,200
/sqft · New Panvel rate-band mid-point ₹12,500
74% below mid-point

Upcoming projects & infrastructure in New Panvel

take an informed decision

268 MahaRERA projects are due to hand over in New Panvel between 2026 and 2030; the nearest upcoming infrastructure to Dev Balaji Residency is the Virar-Alibaug Multimodal Corridor, 1.1 km away (approved).

268
MahaRERA projects handing over in the next 5 years
in New Panvel
New projects in New Panvel by possession year
11
2026
71
2027
59
2028
77
2029
50
2030
Metro & infrastructure near Dev Balaji Residency
In the full New Panvel 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.

New Panvel — resale, rent & yield

Rent
₹110.0/sqft/mo
2 BHK ~₹70,000/mo

From MPE live listings, last 18 months · Mumbai price index ›

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
Shop93–192 ft²₹3 L–₹6 L
Rk1229 ft²₹7 L
1 RK236–248 ft²₹8 L–₹8 L
1 BHK266–354 ft²₹9 L–₹11 L
2 BHK494–680 ft²₹16 L–₹22 L
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)
Dec 2018
Possession (revised)
Dec 2018
MahaRERA No.
P52000003419
Data last updated
Sep 2026
Registered
2017-08-05
Litigation
No reported in source
Escrow Bank
AXIS BANK
Architect
Satish Manohar
Total FSI
12,885

Buildings · 6 wings

BUILDING NUMBER 3 · 6 fl · — u
Building No 6A · 6 fl · — u
Building No 6B · 6 fl · — u
Building No 7 A · 6 fl · — u
Building Number 6C · 6 fl · — u
Building no 7B · 6 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation83%
Structure100%
Finishing100%
Services100%
See all 12 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Podiums (if any)100%
Sanitary Fittings within the flats / premises100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%
Podiums (if any)0%

Amenities

13
Electrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingOpen ParkingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And Disposal
+5 more ▾
Storm Water DrainsStreet LightingTreatment And Disposal Of Sewage And …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

New Panvel market context

Property Rates in New Panvel

Residential · Sale
₹10,000–15,000/sqft
Commercial · Sale
₹6,000–10,000/sqft
2 BHK · Rent
₹15,000–35,000/mo

Commercial Projects in New Panvel

More by Dev Builders

MahaRERA projects nearby in New Panvel

Frequently Asked Questions

Where is Dev Balaji Residency located?

Dev Balaji Residency is in New Panvel, Mumbai 410206.

What configurations and carpet areas does Dev Balaji Residency offer?

1 RK – 289 sq ft carpet; 1 BHK – 390 sq ft carpet; 1 BHK – 450 sq ft carpet; 2 BHK – 601 sq ft carpet.

When is possession of Dev Balaji Residency?

As per MahaRERA, proposed possession is Dec 2018.

Is Dev Balaji Residency RERA-registered?

Yes — MahaRERA registration P52000003419, registered 2017-08-05. The current MahaRERA source record reports no litigations.

How many units does Dev Balaji Residency have?

MahaRERA records 131 units across 7 buildings, up to 6 floors.

Who is the developer of Dev Balaji Residency?

Dev Builders — 1941 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in New Panvel?

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

What metro and infrastructure is near Dev Balaji Residency?

Virar-Alibaug Multimodal Corridor — approved, 1.1 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.

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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