New Panvel · Mumbai
Indiabulls Park
Opposite Honda Warehouse,Kon Salve Road, New Panvel · by Indiabulls Real Estate (Lucina Land Development Limited)
Registered project name
Indiabulls Park 5Updated Oct 2026
🗺 View on map · schools, metro & distancesNew PanvelPhotos from the project record · tap to enlarge
The story at a glance
At a glance
swipe →- Virar-Alibaug Multimodal Corridor1.7 km
A first look at Indiabulls Park
Indiabulls Park is a residential project on Opposite Honda Warehouse,Kon Salve Road, New Panvel, Mumbai 410207. It is registered with MahaRERA under P52000025902 (registered 2021-09-09). Indiabulls Park is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 7 units across 2 buildings of up to 12 floors. It offers 1, 2, 3 & 4 BHK homes with carpet areas of 557–1,857 sq ft. MahaRERA proposed possession: Apr 2031.
Ask an advisor to check current resale or rental availability.
Other wings & phases: Indiabulls Park 1 · Indiabulls Park 2 · Indiabulls Park 3 · Indiabulls Park 4
Areas filed by the developer in MahaRERA (3)
Indiabulls Park floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Indiabulls Park
Location
The address of Indiabulls Park is Opposite Honda Warehouse,Kon Salve Road, New Panvel, Mumbai 410207, in the Raigarh district.
MahaRERA record
The MahaRERA registration number is P52000025902, issued on 9 September 2021. The registered promoter is Lucina Land Development Limited. The filing lists 2 wings: 6A with 1 units over 12 floors; 6B with 6 units over 12 floors. Per the registration, the architect on record is Rakhi Ubhare and the project escrow account is with HDFC Bank.
Homes and prices
The price list covers 1 BHK of 557 sq ft at ₹56 Lac; 2 BHK of 700–928 sq ft at ₹75 Lac–₹95 Lac; 3 BHK of 1,250 sq ft at ₹1.3 Cr; 4 BHK of 1,857 sq ft at ₹1.9 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹10,100–₹10,700 per sq ft of carpet. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them.
Construction and possession
The latest MahaRERA progress report shows foundation at 68%, structure at 30%, finishing at 0%, services at 0%. Proposed possession is Apr 2031.
Developer track record
Indiabulls Real Estate has 8 projects tracked on Mumbai Property Exchange, 8 of them delivered (ready or sold out).
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, 3 & 4 BHK homes.
Developer's description ▾
New Panvel market
prices, rents & ratesPrice vs locality
Property rates in New Panvel
Upcoming projects & infrastructure in New Panvel
take an informed decision243 MahaRERA projects are due to hand over in New Panvel between 2026 and 2030; the nearest upcoming infrastructure to Indiabulls Park is the Virar-Alibaug Multimodal Corridor, 1.7 km away (approved).
- 🛣️Virar-Alibaug Multimodal CorridorApproved1.7 km
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
Buildings · 2 wings
7 unitsLocation
Neighbourhood around Indiabulls Park
Indiabulls Park in New Panvel is 0.7 km from Somatne railway station, 1.1 km from Swami Vivekananda Societies School.
- 🚉 Railway stationSomatne0.7 km
- 🏫 SchoolSwami Vivekananda Societies School1.1 km
Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →
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 · 887 sq ft at ₹90.0 L (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% (₹67.5 L here), released stage by stage, so your own money is about ₹22.5 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 ₹58,600/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 declared to MahaRERA
14+6 more ▾
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.
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Connectivity
Talk to our MahaRERA advisor
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💬 Ask about resale or rental optionsResale Flats for Sale in New Panvel
1
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Frequently Asked Questions
Where is Indiabulls Park located?
Indiabulls Park is on Opposite Honda Warehouse,Kon Salve Road, New Panvel, Mumbai 410207.
What is the price of Indiabulls Park?
Indiabulls Park is sold out by the developer; ask MPE for resale or rental flats in this building.
What configurations and carpet areas does Indiabulls Park offer?
1 BHK – 557 sq ft carpet; 2 BHK – 700 sq ft carpet; 2 BHK – 851 sq ft carpet; 2 BHK – 887 sq ft carpet; 2 BHK – 928 sq ft carpet; 3 BHK – 1,250 sq ft carpet; 4 BHK – 1,857 sq ft carpet.
When is possession of Indiabulls Park?
As per MahaRERA, proposed possession is Apr 2031.
Is Indiabulls Park RERA-registered?
Yes — MahaRERA registration P52000025902, registered 2021-09-09.
How many units does Indiabulls Park have?
MahaRERA records 7 units across 2 buildings, up to 12 floors.
Who is the developer of Indiabulls Park?
Indiabulls Real Estate (Lucina Land Development Limited) — 8 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in New Panvel?
243 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 Indiabulls Park?
Virar-Alibaug Multimodal Corridor — approved, 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.
How far is Indiabulls Park from the nearest metro and railway station?
Indiabulls Park is about 0.7 km from Somatne railway station (straight-line distance; road distance is longer).
