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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
SOLD OUTCompleted/historical project — current inventory unconfirmedMahaRERA P52000003419

New Panvel · Mumbai

Dev Balaji Residency

New Panvel · by Dev Builders

Updated Oct 2026

🗺 View on map · schools, metro & distances

The story at a glance

Sandeep Sadh, Mumbai Property Exchange
Sandeep Sadh · Founder, Mumbai Property Exchange
MahaRERA A51800043517 · in Mumbai real estate since 1995
131
Units
2018
Possession
6
Buildings
RERA Registered
Status
SOLD OUT
Dev Balaji Residency is sold out by the developer.We can check resale and rental flats in this building for you.
See resale & lease in this building →

At a glance

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Who's looking
24 requests
People asked us for New Panvel in the last 90 days — 6 to buy.
Getting around
  • Virar-Alibaug Multimodal Corridor1.1 km

A first look at Dev Balaji Residency

Dev Balaji Residency is a residential project in New Panvel, Mumbai 410206. It is registered with MahaRERA under P52000003419 (registered 2017-08-05). Dev Balaji Residency is sold out by the developer; ask MPE for resale or rental flats in this building. 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. MahaRERA proposed possession: Dec 2018.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Unit configurations filed with MahaRERA (5)
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

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.

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.

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 1950 projects tracked on Mumbai Property Exchange, 1699 of them delivered (ready or sold out). Other projects by the same developer include Namo Whispering Bliss, Lotus Artemis, Lotus Avalon.

Buyer demand in New Panvel

In the last 90 days, buyers and tenants registered 24 requirements for New Panvel with Mumbai Property Exchange, 6 of them to buy and 8 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.

New Panvel market

prices, rents & rates

Price vs locality

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

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

Upcoming projects & infrastructure in New Panvel

take an informed decision

244 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).

244
MahaRERA projects handing over in the next 5 years
in New Panvel
₹8,500/sqft
ready reckoner rate (government) · carpet
2025-26 · highest govt zone rate in the area, shown per sq ft carpet · stamp duty is charged on the higher of this and the deal value
New projects in New Panvel by possession year
14
2026
90
2027
50
2028
58
2029
32
2030
Metro & infrastructure near Dev Balaji Residency
  • 🛣️Virar-Alibaug Multimodal CorridorApproved1.1 km
Questions about New Panvel prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for New Panvel, 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

Possession (proposed)
Dec 2018
Possession (revised)
Dec 2018
MahaRERA No.
P52000003419
Data last updated
Oct 2026
Registered
2017-08-05
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 ›

Neighbourhood around Dev Balaji Residency

Dev Balaji Residency in New Panvel is 2.2 km from Panvel (Suburban) railway station, 1.1 km from DAV Public School and 1.0 km from Panacea Hospital.

  • 🚉 Railway stationPanvel (Suburban)2.2 km
  • 🏫 SchoolDAV Public School1.1 km
  • 🏫 SchoolVithoba Khandappa School2.6 km
  • 🏥 HospitalPanacea Hospital1.0 km
  • 🏥 HospitalArunodaya Hospital1.1 km
  • 🎓 CollegeDr. K. M. Vasudevan Pillai's College2.1 km
  • 🛍 MallOrion Mall2.3 km
  • 🌳 ParkGopinath Munde Garden1.7 km

Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the 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 declared to MahaRERA

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

Members' 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.

23 brochure amenities
Sign in free to see them

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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

Resale Flats for Sale in New Panvel

1

Commercial Projects in New Panvel

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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 is the price of Dev Balaji Residency?

Dev Balaji Residency is sold out by the developer; ask MPE for resale or rental flats in this building.

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.

How many units does Dev Balaji Residency have?

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

Who is the developer of Dev Balaji Residency?

Dev Builders — 1950 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in New Panvel?

244 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.

How far is Dev Balaji Residency from the nearest metro and railway station?

Dev Balaji Residency is about 2.2 km from Panvel (Suburban) railway station (straight-line distance; road distance is longer).

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 2026-10-06). 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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