New Panvel · Mumbai
Mahalaxmi Aangan
New Panvel · by Mahalaxmi Developers
Registered project name
Mahalaxmi Angan I - Phase AUpdated Oct 2026
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The story at a glance
At a glance
swipe →A first look at Mahalaxmi Aangan
Mahalaxmi Aangan is a residential project in New Panvel, Mumbai 410206. It is registered with MahaRERA under P52000004389. Mahalaxmi Aangan is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 60 units across 2 buildings of up to 5 floors. It offers 1, 2 & 3 BHK homes with carpet areas of 397–531 sq ft. MahaRERA proposed possession: Dec 2028.
Ask an advisor to check current resale or rental availability.
Unit configurations filed with MahaRERA (3)
Mahalaxmi Aangan floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Mahalaxmi Aangan
Location
The project is in New Panvel, Mumbai 410206, in the Raigarh district.
MahaRERA record
Mahalaxmi Aangan is registered with MahaRERA under P52000004389. The registered promoter is Mahalaxmi Builders. The filing lists 2 wings: BUILDING 2 over 5 floors; Building 1 over 5 floors. According to MahaRERA, the project escrow account is with State Bank Of India.
Homes and prices
Homes on offer are 1 BHK of 397 sq ft at ₹12.19 Lac; 2 BHK of 434 sq ft at ₹17.78 Lac; 2½ BHK of 531 sq ft at ₹21.6 Lac; 3 BHK at ₹26.64 Lac (carpet area), as on 09 Jul 2026. That works out to about ₹3,100–₹4,100 per sq ft of carpet. 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 52%, services at 57%. Proposed possession is Dec 2028.
Developer track record
Mahalaxmi Developers has 13 projects tracked on Mumbai Property Exchange, 9 of them delivered (ready or sold out). Other projects by the same developer include Mahalaxmi Nagar Building No 4, Premier Elegance, Ankur Grandeur.
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 BHK homes.
Developer's description ▾
New Panvel market
prices, rents & ratesPrice vs locality
Property rates in New Panvel
RERA record & possession
Buildings · 2 wings
Location
Neighbourhood around Mahalaxmi Aangan
Mahalaxmi Aangan in New Panvel is 1.9 km from Adivasi Ashramshala School.
- 🏫 SchoolAdivasi Ashramshala School1.9 km
Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →
Construction progress
per MahaRERASee all 14 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: 2½ BHK · 531 sq ft at ₹21.6 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% (₹16.2 L here), released stage by stage, so your own money is about ₹5.4 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 ₹14,100/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
11+3 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
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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 Mahalaxmi Aangan located?
Mahalaxmi Aangan is in New Panvel, Mumbai 410206.
What is the price of Mahalaxmi Aangan?
Mahalaxmi Aangan is sold out by the developer; ask MPE for resale or rental flats in this building.
What configurations and carpet areas does Mahalaxmi Aangan offer?
1 BHK – 397 sq ft carpet; 2 BHK – 434 sq ft carpet; 2½ BHK – 531 sq ft carpet; 3 BHK.
When is possession of Mahalaxmi Aangan?
As per MahaRERA, proposed possession is Dec 2028.
Is Mahalaxmi Aangan RERA-registered?
Yes — MahaRERA registration P52000004389.
How many units does Mahalaxmi Aangan have?
MahaRERA records 60 units across 2 buildings, up to 5 floors.
Who is the developer of Mahalaxmi Aangan?
Mahalaxmi Developers — 13 projects tracked on Mumbai Property Exchange. View their track record ▸
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.
