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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
SOLD OUTResale and rental stock live in this buildingMahaRERA P51900000467

Lower Parel · Mumbai

Indiabulls Sky Forest

Lower Parel · by Indiabulls Real Estate

Updated Oct 2026

🗺 View on map · schools, metro & distances

The story at a glance

Sandeep Sadh, Mumbai Property Exchange
Sandeep Sadh · Founder, Mumbai Property Exchange
MahaRERA A51800043517 · in Mumbai real estate since 1995
1078
Units
2023
Possession
1
Buildings
RERA Registered
Status
SOLD OUT
Indiabulls Sky Forest is sold out by the developer.Resale and rental flats in this building are listed below.
See resale & lease in this building →

At a glance

swipe →
Area price trend
₹64,900/sq.ft
+7.3% since Q2 25 · asking rate for homes in Lower Parel
Who's looking
33 requests
People asked us for Lower Parel in the last 90 days — 12 to buy.
Getting around
  • Worli-Sewri Connector0.9 km
  • Line 11 Green1.3 km
  • Line 3 Aqua1.9 km

A first look at Indiabulls Sky Forest

Indiabulls Sky Forest is a residential project in Lower Parel, Mumbai 400013. It is registered with MahaRERA under P51900000467 (registered 2021-09-09). Indiabulls Sky Forest is sold out by the developer — resale flats here are listed from ₹8.5 Cr and rentals from ₹3.6 Lac a month. The project has 1,078 units across 1 building of up to 60 floors. It offers 3 & 4 BHK homes with carpet areas of 1,995–3,121 sq ft. MahaRERA proposed possession: Sep 2023.

Resale and rental stock live in this building.

6 for sale · 6 for rent in this building right now, listed below.

Other wings & phases: Indiabulls Sky Forest -A3

Areas filed by the developer in MahaRERA (9)
ConfigurationCarpet
2 BHK947–984 ft²
3 BHK1,026–1,279 ft²
3.5 BHK1,341 ft²
4 BHK1,595–1,623 ft²
5 BHK2,797–3,106 ft²
6 BHK2,799–4,645 ft²
6 BHK Shc2,799–4,645 ft²
7 BHK3,623–5,684 ft²
7 BHK Shc3,623–5,684 ft²
These are the areas the developer filed with MahaRERA. Developers often combine or change units, so they may not match what is on sale — our team confirms what is available and the price.
💬 Ask what is available

Property listings in Indiabulls Sky Forest

For sale
For rent

Indiabulls Sky Forest floor plans

2
Indiabulls Sky Forest, Lower Parel — floor plan 1Indiabulls Sky Forest, Lower Parel — floor plan 2

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

Indiabulls Sky Forest videos

Our view on Indiabulls Sky Forest

Mumbai Property Exchange advisory

A 60-floor Lower Parel tower of 3 and 4 BHKs, 1,995 to 3,121 sq ft, sold out by the developer. Resale is listed from ₹8.5 Cr and rentals from ₹3.75 lakh a month — and its recorded rate is about 34% below the Lower Parel resale median.

Who it suits

This building is sold out by the developer, so the way in is a resale flat. It suits buyers who want a large ready home in Lower Parel at a lower rate per sq ft than most of the area.

The price, in context

Its recorded rate sits about a third below Lower Parel's resale median of about ₹63,600 per sq ft. That gap is worth testing against specific listings.

What we would check before you commit

The occupation certificate, the age of fittings, maintenance and society charges. Our team checks these for resale buyers.

Lower Parel new launches, by quoted rate

ProjectRate / sq ftPossession
Lodha World Towers₹69,000Sep 2018
Lodha Vista₹65,000Jun 2025
Adi Darsshan₹45,000Apr 2027
S3 Epitome₹45,000Apr 2029
Sarvesh One₹42,500Apr 2027

Quoted rates as recorded by Mumbai Property Exchange, Oct 2026; possession dates per MahaRERA where filed. Indicative — confirm with our team.

Our premium desk will personally arrange a private viewing.Request on WhatsApp

About Indiabulls Sky Forest

Location

The project is in Lower Parel, Mumbai 400013, in the Mumbai City district. Across 429 recent resale listings on MPE, homes in Lower Parel have a median asking rate of ₹63,600 per sq ft, and a 2 BHK typically rents for about ₹1.25 Lac a month.

MahaRERA record

Indiabulls Sky Forest is registered with MahaRERA under P51900000467, dated 9 September 2021. The registered promoter is Indiabulls Properties Private Limited. The filing lists 6 wings: Indiabulls Sky Forest -A2 over 60 floors; Indiabulls Sky Forest -A2 over 60 floors; Indiabulls Sky Forest -A2 over 60 floors; Indiabulls Sky Forest -A2 over 60 floors; Indiabulls Sky Forest -A2 over 60 floors; Indiabulls Sky Forest -A2 over 60 floors.

Homes and prices

The price list covers 3 BHK of 1,995 sq ft at ₹8.37 Cr; 3½ BHK of 2,197 sq ft at ₹9.22 Cr; 4 BHK of 2,447 sq ft at ₹10.27 Cr; 4½ BHK of 3,121 sq ft at ₹13.1 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹42,000 per sq ft of carpet, 34% below the locality's resale median. 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 71%, structure at 100%, finishing at 69%, services at 100%. Proposed possession is Sep 2023.

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 Lower Parel

In the last 90 days, buyers and tenants registered 33 requirements for Lower Parel with Mumbai Property Exchange, 12 of them to buy and 5 specifically for 3 & 4 BHK homes.

Developer's description ▾
Indiabulls Sky Forest is a Project by Indiabulls Real Estate. It is located at Lower Parel. Well connected to South Mumbai. Close Proximity to all the daily convenience. Easy convenience to all the daily conveniences. It has two towers of 50 and 51 storey offering 2 BHK to 7 BHK Duplex Residences. Has grand entrance lobby. apartments with Private Open Spaces. Podium level features include Indoor Game Zone with Multiple Leisure Avenues, Landscape Sit-Out and many more. It is a RERA approved project with ready possession.

Lower Parel market

prices, rents & rates

Price vs locality

₹41,966
/sqft · Lower Parel rate-band mid-point ₹82,500
49% below mid-point

Lower Parel — resale, rent & yield

Resale
₹63,600/sqft
median · 429 listings
Rent
₹248.4/sqft/mo
2 BHK ~₹125,000/mo
Gross yield
4.7%/yr
rent vs resale value

This project is quoted around ₹41,966/sqft — 34% below resale here.

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 Indiabulls Sky Forest 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
₹41,600/sqft
ready reckoner rate (government) · carpet
2025-26 · highest govt zone rate in the area, shown per sq ft carpet · 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 Indiabulls Sky Forest
  • 🛣️Worli-Sewri ConnectorUnder construction · due 20260.9 km
  • 🚇Line 11 GreenApproved1.3 km
  • 🚇Line 3 AquaOpened 20251.9 km
  • 🛣️Coastal Road (Phase 1)Opened 20242.0 km
  • 🌉MTHL / Atal SetuOpened 20243.2 km
  • 🚇Line 4 GreenUnder construction · due 20273.2 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)
Sep 2023
Possession (revised)
Sep 2023
MahaRERA No.
P51900000467
Data last updated
Oct 2026
Registered
2021-09-09
Escrow Bank
—
Architect
—
Total FSI
32,233

Buildings · 6 wings

Indiabulls Sky Forest -A2 · 60 fl · — u
Indiabulls Sky Forest -A2 · 60 fl · — u
Indiabulls Sky Forest -A2 · 60 fl · — u
Indiabulls Sky Forest -A2 · 60 fl · — u
Indiabulls Sky Forest -A2 · 60 fl · — u
Indiabulls Sky Forest -A2 · 60 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Neighbourhood around Indiabulls Sky Forest

Indiabulls Sky Forest in Lower Parel is 0.9 km from Siddhivinayak Temple metro station, 0.3 km from Prabhadevi railway station, 0.2 km from Holy Cross High School and 0.3 km from Laxmi Niwas General Hospital.

  • Ⓜ Metro stationSiddhivinayak Temple0.9 km
  • Ⓜ Metro stationAmbedkar Nagar1.4 km
  • 🚉 Railway stationPrabhadevi0.3 km
  • 🏫 SchoolHoly Cross High School0.2 km
  • 🏫 SchoolElphinstone Road Municipal School0.3 km
  • 🏥 HospitalLaxmi Niwas General Hospital0.3 km
  • 🏥 HospitalPunamiya Hospital0.5 km
  • 🎓 CollegeABA College of Law1.0 km
  • 🛍 MallSahkari Bhandar Mall1.2 km
  • 🌳 ParkRailway Ground0.9 km

Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →

Construction progress

per MahaRERA
Foundation71%
Structure100%
Finishing69%
Services100%
See all 14 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%
Plinth100%
Podiums (if any)100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…90%
Sanitary Fittings within the flats / premises85%
Basement (if any)0%
Excavation0%
External plumbing and external plaster, elevation, completion of terr…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: 4 BHK · 2447 sq ft at ₹10.27 Cr (the price recorded above).

Due soon after booking~₹7.19 Cr70%, stages already done
Balance till possession~₹3.08 Cras the last stages finish
Stamp duty + GST~₹61.6 L + ₹51.4 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% (₹7.70 Cr here), released stage by stage, so your own money is about ₹2.57 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 ₹6.68 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 declared to MahaRERA

15
Aggregate area of recreational Open SpaceCommunity BuildingsElectrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingOpen Parking
+7 more ▾
Sewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water DrainsStreet LightingTreatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvesting

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.

36 brochure amenities
Sign in free to see them

Members only · one-time WhatsApp code · no spam

Connectivity

Railway
10-15 min
Airport
60-90 min
Hospital
15-20 min
School
20 min

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

1

Commercial Projects in Lower Parel

MahaRERA projects nearby in Lower Parel

Frequently Asked Questions

Can I buy a flat in Indiabulls Sky Forest?

Yes, as resale — from about ₹8.5 Cr. Rentals start at about ₹3.75 lakh a month. Our team can share current availability.

Is Indiabulls Sky Forest cheaper than other Lower Parel towers?

Its recorded rate is about 34% below the Lower Parel resale median of about ₹63,600 per sq ft.

Where is Indiabulls Sky Forest located?

Indiabulls Sky Forest is in Lower Parel, Mumbai 400013.

What is the price of Indiabulls Sky Forest?

Indiabulls Sky Forest is sold out by the developer — resale flats here are listed from ₹8.5 Cr and rentals from ₹3.6 Lac a month. These are current asking prices from live listings on MPE.

What configurations and carpet areas does Indiabulls Sky Forest offer?

3 BHK – 1,995 sq ft carpet; 3½ BHK – 2,197 sq ft carpet; 4 BHK – 2,447 sq ft carpet; 4½ BHK – 3,121 sq ft carpet.

When is possession of Indiabulls Sky Forest?

As per MahaRERA, proposed possession is Sep 2023.

Is Indiabulls Sky Forest RERA-registered?

Yes — MahaRERA registration P51900000467, registered 2021-09-09.

How many units does Indiabulls Sky Forest have?

MahaRERA records 1,078 units across 1 building, up to 60 floors.

Who is the developer of Indiabulls Sky Forest?

Indiabulls Real Estate — 8 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 Indiabulls Sky Forest?

Worli-Sewri Connector — under construction · due 2026, 0.9 km away; Line 11 Green — approved, 1.3 km away; Line 3 Aqua — opened 2025, 1.9 km away; Coastal Road (Phase 1) — opened 2024, 2.0 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 Sky Forest from the nearest metro and railway station?

Indiabulls Sky Forest is about 0.9 km from Siddhivinayak Temple metro station and 0.3 km from Prabhadevi railway station (straight-line distance; road distance is longer).

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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