Khar West · Mumbai
Grace Palacio
S.V Road, Khar West · by Grace Group Of Companies
Updated Oct 2026
Khar WestPhotos from the project record · tap to enlarge
A first look at Grace Palacio
Grace Palacio is a residential project on S.V Road, Khar West, Mumbai 400052. It is registered with MahaRERA under P51800050668 (registered 2023-07-26). The project has 38 units across 1 building of up to 22 floors. It offers 2, 3, 4 & 5 BHK homes with carpet areas of 527–2,242 sq ft, priced ₹3.05 Cr–₹13 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹57,000 per sq ft. MahaRERA proposed possession: Dec 2026.
Ask an advisor to verify current developer inventory and price.
Availability & Pricing
Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.
💬 Request latest price on WhatsAppUnit configurations filed with MahaRERA (4)
Grace Palacio floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Grace Palacio
Location
The address of Grace Palacio is S.V Road, Khar West, Mumbai 400052, in the Mumbai Suburban district. Across 849 recent resale listings on MPE, homes in Khar West have a median asking rate of ₹62,500 per sq ft, and a 2 BHK typically rents for about ₹1.5 Lac a month.
MahaRERA record
Grace Palacio is registered with MahaRERA under P51800050668, dated 26 July 2023. The registered promoter is Grace Infracon & Property Developers (I) Private Limited. The filing lists 1 wing: Grace palacio with 38 units over 22 floors. According to MahaRERA, the architect on record is Shakil Ghanchi and the project escrow account is with Kotak Mahindra Bank Ltd.
Homes and prices
The price list covers 2 BHK of 527–699 sq ft at ₹3.05 Cr–₹4.05 Cr; 3 BHK of 1,226 sq ft at ₹7.11 Cr; 4 BHK of 1,715 sq ft at ₹9.94 Cr; 5 BHK of 2,242 sq ft at ₹13 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹57,900–₹58,000 per sq ft of carpet, 7% 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 76%, structure at 100%, finishing at 50%, services at 82%. Proposed possession is Dec 2026.
Developer track record
Grace Group Of Companies 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 Heritage.
Buyer demand in Khar West
In the last 90 days, buyers and tenants registered 47 requirements for Khar West with Mumbai Property Exchange, 20 of them to buy and 28 specifically for 2, 3, 4 & 5 BHK homes.
Developer's description ▾
Khar West market
prices, rents & ratesPrice vs locality
Khar West — resale, rent & yield
This project is quoted around ₹57,000/sqft — 9% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Khar West
Upcoming projects & infrastructure in Khar West
take an informed decision40 MahaRERA projects are due to hand over in Khar West between 2026 and 2030; the nearest upcoming infrastructure to Grace Palacio is the Versova-Bandra Sea Link, 2.2 km away (under construction · due 2028).
- 🌉Versova-Bandra Sea LinkUnder construction · due 20282.2 km
- 🚇Line 2B YellowOpened 20263.1 km
- 🚇Line 3 AquaOpened 20253.4 km
- 🚄Mumbai-Ahmedabad Bullet TrainUnder construction · due 20293.4 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Khar 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
38 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 · 1226 sq ft at ₹7.11 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% (₹5.33 Cr here), released stage by stage, so your own money is about ₹1.78 Cr plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹4.63 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
20+12 more ▾
Next steps — clarity before you step out
Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.
Resale Flats for Sale in Khar West
4
Flats for Rent in Khar West
4
Commercial for Sale in Khar West
1
Commercial for Lease in Khar West
1
Commercial Projects in Khar West
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Frequently Asked Questions
Where is Grace Palacio located?
Grace Palacio is on S.V Road, Khar West, Mumbai 400052.
What is the price of Grace Palacio?
2, 3, 4 & 5 BHK homes are priced ₹3.05 Cr–₹13 Cr as on 09 Jul 2026, about ₹57,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Grace Palacio offer?
2 BHK – 527 sq ft carpet at ₹3.05 Cr; 2 BHK – 699 sq ft carpet at ₹4.05 Cr; 3 BHK – 1,226 sq ft carpet at ₹7.11 Cr; 4 BHK – 1,715 sq ft carpet at ₹9.94 Cr; 5 BHK – 2,242 sq ft carpet at ₹13 Cr.
When is possession of Grace Palacio?
As per MahaRERA, proposed possession is Dec 2026.
Is Grace Palacio RERA-registered?
Yes — MahaRERA registration P51800050668, registered 2023-07-26.
How many units does Grace Palacio have?
MahaRERA records 38 units across 28 buildings, up to 22 floors.
Who is the developer of Grace Palacio?
Grace Group Of Companies — 8 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Khar West?
40 MahaRERA-registered projects in Khar West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Grace Palacio?
Versova-Bandra Sea Link — under construction · due 2028, 2.2 km away; Line 2B Yellow — opened 2026, 3.1 km away; Line 3 Aqua — opened 2025, 3.4 km away; Mumbai-Ahmedabad Bullet Train — under construction · due 2029, 3.4 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.
