Santacruz West · Mumbai
Fernvel
Santacruz West · by P R Builders
Updated Oct 2026
Santacruz WestPhotos from the project record · tap to enlarge
At a glance
swipe →- Versova-Bandra Sea Link2.2 km
- Line 2B Yellow3.0 km
- Line 3 Aqua3.5 km
A first look at Fernvel
Fernvel is a residential project by P R Builders in Santacruz West, Mumbai 400054. It is registered with MahaRERA under P51800034670 (registered 2024-05-31). Fernvel is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 10 units across 1 building of up to 15 floors. It offers 2 & 3 BHK homes with carpet areas of 768–1,567 sq ft. MahaRERA proposed possession: Dec 2025.
Ask an advisor to check current resale or rental availability.
Unit configurations filed with MahaRERA (3)
Fernvel floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Fernvel
Location
The project is in Santacruz West, Mumbai 400054, in the Mumbai Suburban district. Across 690 recent resale listings on MPE, homes in Santacruz West have a median asking rate of ₹61,000 per sq ft, and a 2 BHK typically rents for about ₹1.52 Lac a month.
MahaRERA record
Fernvel is registered with MahaRERA under P51800034670, dated 31 May 2024. The registered promoter is P. R. Landmarks LLP. The filing lists 1 wing: FERNEL with 10 units over 15 floors. According to MahaRERA, the architect on record is S V Associates and the project escrow account is with HDFC Bank.
Homes and prices
The price list covers 2 BHK of 768–867 sq ft at ₹2.25 Cr–₹2.54 Cr; 3 BHK of 1,246–1,567 sq ft at ₹3.65 Cr–₹4.59 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹29,300 per sq ft of carpet, 52% 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 100%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Dec 2025.
Developer track record
P R Builders has 6411 projects tracked on Mumbai Property Exchange, 5280 of them delivered (ready or sold out). Other projects by the same developer include Gyan Gold Crest, Jewel Heights.
Buyer demand in Santacruz West
In the last 90 days, buyers and tenants registered 39 requirements for Santacruz West with Mumbai Property Exchange, 17 of them to buy and 28 specifically for 2 & 3 BHK homes.
Santacruz West market
prices, rents & ratesPrice vs locality
Santacruz West — resale, rent & yield
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Santacruz West
Upcoming projects & infrastructure in Santacruz West
take an informed decision43 MahaRERA projects are due to hand over in Santacruz West between 2026 and 2030; the nearest upcoming infrastructure to Fernvel is the Versova-Bandra Sea Link, 2.2 km away (under construction · due 2028).
Supply is not evenly spread — one year carries about a third of it.
- 🌉Versova-Bandra Sea LinkUnder construction · due 20282.2 km
- 🚇Line 2B YellowOpened 20263.0 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 Santacruz West, 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
10 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: 3 BHK · 1246 sq ft at ₹3.65 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% (₹2.74 Cr here), released stage by stage, so your own money is about ₹91.2 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 ₹2.38 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
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Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Ask about resale or rental optionsResale Flats for Sale in Santacruz West
4
Flats for Rent in Santacruz West
4
Commercial for Sale in Santacruz West
1
Commercial for Lease in Santacruz West
1
Commercial Projects in Santacruz West
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Frequently Asked Questions
Where is Fernvel located?
Fernvel is in Santacruz West, Mumbai 400054.
What is the price of Fernvel?
Fernvel is sold out by the developer; ask MPE for resale or rental flats in this building.
What configurations and carpet areas does Fernvel offer?
2 BHK – 768 sq ft carpet; 2 BHK – 867 sq ft carpet; 3 BHK – 1,246 sq ft carpet; 3 BHK – 1,567 sq ft carpet.
When is possession of Fernvel?
As per MahaRERA, proposed possession is Dec 2025.
Is Fernvel RERA-registered?
Yes — MahaRERA registration P51800034670, registered 2024-05-31.
How many units does Fernvel have?
MahaRERA records 10 units across 28 buildings, up to 15 floors.
Who is the developer of Fernvel?
P R Builders — 6411 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Santacruz West?
43 MahaRERA-registered projects in Santacruz West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Fernvel?
Versova-Bandra Sea Link — under construction · due 2028, 2.2 km away; Line 2B Yellow — opened 2026, 3.0 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.
