Bandra West · Mumbai
Grace Heritage
16th Road, Opp Guru Nanak Park, Bandra West · by Grace Housing Associates
Updated Oct 2026
At a glance
swipe →- Versova-Bandra Sea Link1.4 km
A first look at Grace Heritage
Grace Heritage is a residential project on 16th Road, Opp Guru Nanak Park, Bandra West, Mumbai 400050. It is registered with MahaRERA under P51800008493 (registered 2017-08-19). Grace Heritage is sold out by the developer — resale flats here are listed from ₹4.5 Cr. The project has 18 units across 1 building of up to 11 floors. It offers 1 & 2 BHK homes with carpet areas of 434–633 sq ft. MahaRERA proposed possession: Dec 2018.
2 for sale in this building right now, listed below.
Other wings & phases: Zee Ashtavinayak
Unit configurations filed with MahaRERA (2)
Property listings in Grace Heritage
About Grace Heritage
Location
Grace Heritage stands on 16th Road, Opp Guru Nanak Park in Bandra West, Mumbai 400050, in the Mumbai Suburban district. Across 849 recent resale listings on MPE, homes in Bandra West have a median asking rate of ₹68,400 per sq ft, and a 2 BHK typically rents for about ₹1.65 Lac a month.
MahaRERA record
The MahaRERA registration number is P51800008493, issued on 19 August 2017. The registered promoter is Grace Gharunda. The filing lists 1 wing: Grace Heritage over 11 floors. Per the registration, the architect on record is Paarshad Associates and the project escrow account is with Yes Bank.
Homes and prices
Homes on offer are 1 BHK of 434 sq ft at ₹1.61 Cr; 2 BHK of 552–633 sq ft at ₹2.04 Cr–₹2.34 Cr (carpet area). That works out to about ₹37,000–₹37,100 per sq ft of carpet, 46% 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 Dec 2018.
Developer track record
Grace Housing Associates has 8 projects tracked on Mumbai Property Exchange, 6 of them delivered (ready or sold out). Other projects by the same developer include Mirai, Grace Oceanic, Grace Palacio.
Buyer demand in Bandra West
In the last 90 days, buyers and tenants registered 132 requirements for Bandra West with Mumbai Property Exchange, 56 of them to buy and 65 specifically for 1 & 2 BHK homes.
Developer's description ▾
Bandra West market
prices, rents & ratesBandra West — resale, rent & yield
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Bandra West
Upcoming projects & infrastructure in Bandra West
take an informed decision63 MahaRERA projects are due to hand over in Bandra West between 2026 and 2030; the nearest upcoming infrastructure to Grace Heritage is the Versova-Bandra Sea Link, 1.4 km away (under construction · due 2028).
- 🌉Versova-Bandra Sea LinkUnder construction · due 20281.4 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Bandra 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
Location
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: 2 BHK · 552 sq ft at ₹2.04 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% (₹1.53 Cr here), released stage by stage, so your own money is about ₹51.0 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 ₹1.33 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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Talk to our MahaRERA advisor
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💬 Ask about resale or rental optionsResale Flats for Sale in Bandra West
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4Commercial for Sale in Bandra West
1Commercial for Lease in Bandra West
2Commercial Projects in Bandra West
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Frequently Asked Questions
Where is Grace Heritage located?
Grace Heritage is on 16th Road, Opp Guru Nanak Park, Bandra West, Mumbai 400050.
What is the price of Grace Heritage?
Grace Heritage is sold out by the developer — resale flats here are listed from ₹4.5 Cr. These are current asking prices from live listings on MPE.
What configurations and carpet areas does Grace Heritage offer?
1 BHK – 434 sq ft carpet; 2 BHK – 552 sq ft carpet; 2 BHK – 633 sq ft carpet.
When is possession of Grace Heritage?
As per MahaRERA, proposed possession is Dec 2018.
Is Grace Heritage RERA-registered?
Yes — MahaRERA registration P51800008493, registered 2017-08-19.
How many units does Grace Heritage have?
MahaRERA records 18 units across 65 buildings, up to 11 floors.
Who is the developer of Grace Heritage?
Grace Housing Associates — 8 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Bandra West?
63 MahaRERA-registered projects in Bandra West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Grace Heritage?
Versova-Bandra Sea Link — under construction · due 2028, 1.4 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.
