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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 P51900005054

Lower Parel · Mumbai

Florence

N. M. Joshi Marg, Lower Parel · by Soundlines Realty (Ecostruk Infra Private Limited)

Updated Oct 2026

35
Units
2022
Possession
1
Buildings
Certificate Signed
Status
SOLD OUT
Florence 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

swipe →
Area price trend
₹68,300/sq.ft
+13.1% since Q2 25 · asking rate for homes in Lower Parel
Who's looking
31 requests
People asked us for Lower Parel in the last 90 days — 12 to buy.
Getting around
  • Worli-Sewri Connector0.9 km
  • Line 11 Green1.5 km
  • Line 3 Aqua1.7 km

A first look at Florence

Florence is a residential project by Soundlines Realty on N. M. Joshi Marg, Lower Parel, Mumbai 400013. It is registered with MahaRERA under P51900005054 (registered 2021-09-10). Florence is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 35 units across 1 building of up to 23 floors. It offers 1 BHK homes with carpet areas of 403 sq ft. MahaRERA proposed possession: Jun 2022.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Unit configurations filed with MahaRERA (1)
ConfigurationCarpetIndicative Price
1 BHK14,310 ft²₹55.04 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

Florence floor plans

2
Florence, Lower Parel — floor plan 1Florence, Lower Parel — floor plan 2

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

About Florence

Location

Florence is located on N. M. Joshi Marg, Lower Parel (Mumbai 400013), in the Mumbai City district. Across 407 recent resale listings on MPE, homes in Lower Parel have a median asking rate of ₹64,400 per sq ft, and a 2 BHK typically rents for about ₹1.22 Lac a month.

MahaRERA record

The MahaRERA registration number is P51900005054, issued on 10 September 2021. The registered promoter is Ecostruk Infra Private Limited. The filing lists 1 wing: FLORENCE over 23 floors. Per the registration, the architect on record is Rajendra Pagnis and the project escrow account is with Kotak Mahindra Bank Ltd.

Homes and prices

Configurations recorded are 1 BHK of 403 sq ft at ₹1.55 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹38,500 per sq ft of carpet, 40% 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 80%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Jun 2022.

Developer track record

Soundlines Realty has 2 projects tracked on Mumbai Property Exchange, 2 of them delivered (ready or sold out).

Buyer demand in Lower Parel

In the last 90 days, buyers and tenants registered 31 requirements for Lower Parel with Mumbai Property Exchange, 12 of them to buy and 2 specifically for 1 BHK homes.

Developer's description ▾

Florence by Soundlines Realty is Located majestically in the bustling precinct of Currey road, the towering opulence is one of the few luxury properties in South Mumbai that houses premium commercial spaces in the lower floors, a seamless confluence of utility and style.

Florence is a 22 storied Under Construction Project and the location is N. M. Joshi Marg, Lower Parel and is developed by Soundlines Realty. Florence was launched in Feb 2013 and the possession of the same is likely to be in Jun 2021.

Florence is RERA approved has the Registration Number bearing P51900005054.

The property prices in Lower Parel are in the range of 24000 to 28000 for Outright for ready and under construction projects.

Florence has good reviews and the ratings of this project are approximately 2 out of 5.

You can download the brochure of Florence and you can see the latest digital pictures, Floor Plans, Location Plans & Rate History on our website. The Bookings for the Under Construction project Florence are open and we can set up a Site Visit any time at your Convenience.

Lower Parel market

prices, rents & rates

Price vs locality

₹38,461
/sqft · Lower Parel rate-band mid-point ₹82,500
53% below mid-point

Lower Parel — resale, rent & yield

Resale
₹64,400/sqft
median · 407 listings
Rent
₹240.7/sqft/mo
2 BHK ~₹122,000/mo
Gross yield
4.5%/yr
rent vs resale value

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

Property rates in Lower Parel

Residential · Sale
₹60,000–105,000/sqft
Commercial · Sale
₹75,000–110,000/sqft
2 BHK · Rent
₹165,000–275,000/mo

Upcoming projects & infrastructure in Lower Parel

take an informed decision

6 MahaRERA projects are due to hand over in Lower Parel between 2027 and 2031; the nearest upcoming infrastructure to Florence is the Worli-Sewri Connector, 0.9 km away (under construction · due 2026).

6
MahaRERA projects handing over in the next 5 years
in Lower Parel
₹59,900/sqft▲
typical asking price
rising this quarter
₹29,500/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Lower Parel by possession year
1
2027
2
2028
1
2029
1
2030
1
2031

Supply is not evenly spread — one year carries almost half of it.

Metro & infrastructure near Florence
  • 🛣️Worli-Sewri ConnectorUnder construction · due 20260.9 km
  • 🚇Line 11 GreenApproved1.5 km
  • 🚇Line 3 AquaOpened 20251.7 km
  • 🛣️Coastal Road (Phase 1)Opened 20241.7 km
  • 🌉MTHL / Atal SetuOpened 20243.4 km
  • 🚇Line 4 GreenUnder construction · due 20273.5 km
📜 4,191 registered transactions (IGR) on record in Lower Parel. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Lower Parel prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Lower Parel, 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)
Jun 2022
Possession (revised)
Jun 2022
MahaRERA No.
P51900005054
Data last updated
Oct 2026
Registered
2021-09-10
Escrow Bank
KOTAK MAHINDRA BANK LIMITED
Architect
Rajendra Pagnis
Total FSI
4,359

Buildings · 1 wing

FLORENCE · 23 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation80%
Structure100%
Finishing100%
Services100%
See all 11 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%
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%

What you pay, and when

an example

This 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: 1 BHK · 403 sq ft at ₹1.55 Cr (the price recorded above).

Due soon after booking~₹1.47 Cr95%, stages already done
Balance till possession~₹7.8 Las the last stages finish
Stamp duty + GST~₹9.3 L + ₹7.8 L6% + 5%, plus ~₹30,000 registration
  1. ✓ Plinth complete45% paid by then
  2. ✓ Slabs complete70% paid by then
  3. ✓ Walls, plaster & flooring75% paid by then
  4. ✓ Sanitary fittings80% paid by then
  5. ✓ Staircases, lift wells & lobbies85% paid by then
  6. ✓ Lifts, pumps, plumbing & elevation95% paid by then
  7. ○ Possession100%

With a home loan: banks usually fund up to 75% (₹1.16 Cr here), released stage by stage, so your own money is about ₹38.8 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 ₹1.01 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 advisor

Amenities

7
Electrical meter room, sub-station, r…Fire protection and fire safety requi…Sewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water DrainsWater 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

Resale Flats for Sale in Lower Parel

4

Flats for Rent in Lower Parel

4

Commercial for Sale in Lower Parel

1

Commercial for Lease in Lower Parel

2

Commercial Projects in Lower Parel

MahaRERA projects nearby in Lower Parel

Frequently Asked Questions

Where is Florence located?

Florence is on N. M. Joshi Marg, Lower Parel, Mumbai 400013.

What is the price of Florence?

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

What configurations and carpet areas does Florence offer?

1 BHK – 403 sq ft carpet.

When is possession of Florence?

As per MahaRERA, proposed possession is Jun 2022.

Is Florence RERA-registered?

Yes — MahaRERA registration P51900005054, registered 2021-09-10.

How many units does Florence have?

MahaRERA records 35 units across 2 buildings, up to 23 floors.

Who is the developer of Florence?

Soundlines Realty (Ecostruk Infra Private Limited) — 2 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Lower Parel?

6 MahaRERA-registered projects in Lower Parel are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Florence?

Worli-Sewri Connector — under construction · due 2026, 0.9 km away; Line 11 Green — approved, 1.5 km away; Line 3 Aqua — opened 2025, 1.7 km away; Coastal Road (Phase 1) — opened 2024, 1.7 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 2026-10-06). 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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