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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Completed/historical project — current inventory unconfirmedMahaRERA P51800002709

Bhandup · Mumbai

Mahavir Universe Phoenix

Opp. Jain Temple, LBS Marg,Bhandup East, Bhandup · by Damji Shamji Shah and Co (Universe Developers)

Updated Sep 2026

190
Units
2019
Possession
1
Buildings
Certificate Signed
Status

A first look at Mahavir Universe Phoenix

Mahavir Universe Phoenix is a residential project by Damji Shamji Shah and Co on Opp. Jain Temple, LBS Marg,Bhandup East, Bhandup, Mumbai 400078. It is registered with MahaRERA under P51800002709 (registered 2017-08-04). The project has 190 units across 1 building of up to 37 floors. It offers 2, 3 & 4 BHK homes with carpet areas of 773–1,495 sq ft. MahaRERA proposed possession: May 2019.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Availability & Pricing

TypeCarpetPriceAvail
2 BHK773 ft²On request—
2½ BHK879 ft²On request—
3 BHK1002 ft²On request—
4 BHK1495 ft²On request—

Prices not recently confirmed. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp

Mahavir Universe Phoenix floor plans

2
Mahavir Universe Phoenix, Bhandup — floor plan 1Mahavir Universe Phoenix, Bhandup — floor plan 2

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

About Mahavir Universe Phoenix

Location

Mahavir Universe Phoenix is located on Opp. Jain Temple, LBS Marg,Bhandup East, Bhandup (Mumbai 400078), in the Mumbai Suburban district. Across 11 recent resale listings on MPE, homes in Bhandup have a median asking rate of ₹23,300 per sq ft, and a 2 BHK typically rents for about ₹60,000 a month.

MahaRERA record

The MahaRERA registration number is P51800002709, issued on 4 August 2017. The registered promoter is Universe Developers. The filing lists 1 wing: Mahavir Universe Phoenix over 37 floors. Per the registration, the architect on record is Manoj V Daisaria and the project escrow account is with ICICI Bank Ltd.

Homes and prices

Configurations recorded are 2 BHK of 773 sq ft; 2½ BHK of 879 sq ft; 3 BHK of 1,002 sq ft; 4 BHK of 1,495 sq ft (carpet area). Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 99%, structure at 100%, finishing at 58%, services at 50%. Proposed possession is May 2019.

Developer track record

Damji Shamji Shah and Co has 28 projects tracked on Mumbai Property Exchange, 27 of them delivered (ready or sold out).

Buyer demand in Bhandup

In the last 90 days, buyers and tenants registered 14 requirements for Bhandup with Mumbai Property Exchange, 6 of them to buy and 1 specifically for 2, 3 & 4 BHK homes.

Developer's description ▾

Mahavir Universe Phoenix, Bhandup, Ready Possession With OC.

Mahavir Universe Phoenix is a contemporary design project with well appointed, luxurious, super-sized & ready possession homes offering 3 BHK (Smart), 3 and 4 bed residences with comfort and style. This project offers you 33 storeys elegantly designed tower comprising of 6 apartments on each floor. It provides you with every amenity that you can imagine at a very affordable price, a sprawling clubhouse, 3 levels of podium parking, 24x7 security and peaceful life. It is strategically located at Bhandup - Mumbai with an excellent connectivity.

Mahavir Universe Phoenix is a 33 storeys Ready Possession Project and the location is Opp. Jain Temple, LBS Marg,Bhandup East, Bhandup and is developed by Damji Shamji Shah and Co. Mahavir Universe Phoenix was launched in Oct 2013 and completion in April 2019.

Mahavir Universe Phoenix is RERA approved has the Registration Number bearing P51800002709.

Damji Shamji Shah and Co also has other under construction and ready possession and sold out projects like Mahavir Trinkets, Mahavir Platinum, Mahavir Majestik, Mahavir Empress, Mahavir Classik, Mahavir Millennium Phase I, Mahavir Millennium, Mahavir Universe, Mahavir Milestone, Nootan Mahadev, Jeevan Usha, Shiv Niwas, Mahavir Imperial, Mahavir Habitat, Mahavir Aurum, Mahavir Kalpavruksha, Mahavir Universe Phoenix, Mahavir Estella, Tivon Park, Mahavir Exotica, Vasant Apartment, Mahavir Kalpavruksha, Mahavir Galaxy, Mahavir Spring.

The property prices in Bhandup are in the range of 11000 to 12000 for Outright for ready and under construction projects.

Damji Shamji Shah and Co currently has 3 Ready Possession, 3 Under Construction projects.

Mahavir Universe Phoenix has good reviews and the ratings of this project are approximately 3 out of 5.

You can download the brochure of Mahavir Universe Phoenix and you can see the latest digital pictures, Floor Plans, Location Plans & Rate History on our website.
The Bookings for the Ready Possession project Mahavir Universe Phoenix are open and we can set up a Site Visit any time at your Convenience.

Upcoming projects & infrastructure in Bhandup

take an informed decision

24 MahaRERA projects are due to hand over in Bhandup between 2027 and 2031; the nearest upcoming infrastructure to Mahavir Universe Phoenix is the Line 14 (Kanjurmarg-Badlapur/Ambernath), 2.2 km away (approved).

24
MahaRERA projects handing over in the next 5 years
in Bhandup
₹23,700/sqft▼
typical asking price
easing this quarter
₹16,000/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Bhandup by possession year
2
2027
4
2028
9
2029
3
2030
6
2031

Supply is not evenly spread — one year carries almost half of it.

Metro & infrastructure near Mahavir Universe Phoenix
  • 🚇Line 14 (Kanjurmarg-Badlapur/Ambernath)Approved2.2 km
  • 🚇Goregaon-Mulund Link Road (GMLR)Under construction · due 20282.3 km
  • 🚇Line 4 GreenUnder construction · due 20273.0 km
In the full Bhandup report

🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

Bhandup — resale, rent & yield

Resale
₹23,300/sqft
median · 11 listings
Rent
₹64.5/sqft/mo
2 BHK ~₹60,000/mo
Gross yield
3.3%/yr
rent vs resale value

From MPE live listings, last 18 months · Mumbai price index ›

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
2 BHK773 ft²On request
2.5 BHK880 ft²On request
3 BHK1,012 ft²On request
4 BHK1,495 ft²On request
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
May 2019
Possession (revised)
May 2019
MahaRERA No.
P51800002709
Data last updated
Sep 2026
Registered
2017-08-04
Escrow Bank
ICICI BANK LIMITED
Architect
Manoj V Daisaria
Total FSI
21,776

Buildings · 1 wing

Mahavir Universe Phoenix · 37 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation99%
Structure100%
Finishing58%
Services50%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Plinth100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%
Podiums (if any)95%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…75%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%
Sanitary Fittings within the flats / premises0%

Amenities

10
Electrical meter room, sub-station, r…Fire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingOpen ParkingSewerage (Chamber, Lines, Septic Tank…Storm Water DrainsStreet Lighting
+2 more ▾
Water SupplyWater conservation /Rain water harvesting

Connectivity

Railway
20 min
Airport
40-60 min
Hospital
20-30 min
School
15 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

Bhandup market context

Property Rates in Bhandup

Residential · Sale
₹20,000–40,000/sqft
Commercial · Sale
₹20,000–45,000/sqft
2 BHK · Rent
₹55,000–100,000/mo

Resale Flats for Sale in Bhandup

4

Flats for Rent in Bhandup

2

Commercial for Lease in Bhandup

1

Commercial Projects in Bhandup

MahaRERA projects nearby in Bhandup

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, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Frequently Asked Questions

Where is Mahavir Universe Phoenix located?

Mahavir Universe Phoenix is on Opp. Jain Temple, LBS Marg,Bhandup East, Bhandup, Mumbai 400078.

What configurations and carpet areas does Mahavir Universe Phoenix offer?

2 BHK – 773 sq ft carpet; 2½ BHK – 879 sq ft carpet; 3 BHK – 1,002 sq ft carpet; 4 BHK – 1,495 sq ft carpet.

When is possession of Mahavir Universe Phoenix?

As per MahaRERA, proposed possession is May 2019.

Is Mahavir Universe Phoenix RERA-registered?

Yes — MahaRERA registration P51800002709, registered 2017-08-04.

How many units does Mahavir Universe Phoenix have?

MahaRERA records 190 units across 1 building, up to 37 floors.

Who is the developer of Mahavir Universe Phoenix?

Damji Shamji Shah and Co (Universe Developers) — 28 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Bhandup?

24 MahaRERA-registered projects in Bhandup are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Mahavir Universe Phoenix?

Line 14 (Kanjurmarg-Badlapur/Ambernath) — approved, 2.2 km away; Goregaon-Mulund Link Road (GMLR) — under construction · due 2028, 2.3 km away; Line 4 Green — under construction · due 2027, 3.0 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.

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 2026-09-20). 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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