Matunga · Mumbai
Mahavir Ville
Bhandarkar Road, Opp. Matunga Kaburtarkhana, Matunga · by Shree Naman Group (Eknath Infrastructure LLP)
Updated Oct 2026
MatungaPhotos from the project record · tap to enlarge
At a glance
swipe →A first look at Mahavir Ville
Mahavir Ville is a residential project by Shree Naman Group on Bhandarkar Road, Opp. Matunga Kaburtarkhana, Matunga, Mumbai 400019. It is registered with MahaRERA under P51900020220. Mahavir Ville is sold out by the developer — resale flats here are listed from ₹1.85 Cr. The project has 155 units across 2 buildings of up to 35 floors. It offers 3 & 5 BHK homes with carpet areas of 1,026–2,359 sq ft. MahaRERA proposed possession: Jun 2028.
3 for sale in this building right now, listed below.
Unit configurations filed with MahaRERA (5)
Property listings in Mahavir Ville
Mahavir Ville floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Mahavir Ville
Location
Mahavir Ville stands on Bhandarkar Road, Opp. Matunga Kaburtarkhana in Matunga, Mumbai 400019, in the Mumbai City district. Across 37 recent resale listings on MPE, homes in Matunga have a median asking rate of ₹48,000 per sq ft, and a 2 BHK typically rents for about ₹85,000 a month.
MahaRERA record
Mahavir Ville is registered with MahaRERA under P51900020220. The registered promoter is Eknath Infrastructure LLP. The filing lists 2 wings: WING C over 35 floors; WING C over 9 floors. According to MahaRERA, the project escrow account is with Yes Bank.
Homes and prices
Homes on offer are 3 BHK of 1,026–1,555 sq ft at ₹4.99 Cr–₹7.75 Cr; 5 BHK of 2,359 sq ft at ₹11.49 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹48,600–₹49,800 per sq ft of carpet, in line with 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 29%, structure at 0%, finishing at 0%, services at 0%. Proposed possession is Jun 2028.
Developer track record
Shree Naman Group has 270 projects tracked on Mumbai Property Exchange, 235 of them delivered (ready or sold out).
Buyer demand in Matunga
In the last 90 days, buyers and tenants registered 11 requirements for Matunga with Mumbai Property Exchange, 6 of them to buy and 4 specifically for 3 & 5 BHK homes.
Developer's description ▾
Matunga market
prices, rents & ratesMatunga — resale, rent & yield
This project is quoted around ₹48,880/sqft — 2% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Upcoming projects & infrastructure in Matunga
take an informed decision30 MahaRERA projects are due to hand over in Matunga between 2027 and 2031.
Supply is not evenly spread — one year carries almost half of it.
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Matunga, 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
Location
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: 3 BHK · 1451 sq ft at ₹7.07 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% (₹5.30 Cr here), released stage by stage, so your own money is about ₹1.77 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 ₹4.60 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
18+10 more ▾
Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Ask about resale or rental optionsResale Flats for Sale in Matunga
4
Flats for Rent in Matunga
4
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Frequently Asked Questions
Where is Mahavir Ville located?
Mahavir Ville is on Bhandarkar Road, Opp. Matunga Kaburtarkhana, Matunga, Mumbai 400019.
What is the price of Mahavir Ville?
Mahavir Ville is sold out by the developer — resale flats here are listed from ₹1.85 Cr. These are current asking prices from live listings on MPE.
What configurations and carpet areas does Mahavir Ville offer?
3 BHK – 1,026 sq ft carpet; 3 BHK – 1,035 sq ft carpet; 3 BHK – 1,401 sq ft carpet; 3 BHK – 1,451 sq ft carpet; 3 BHK – 1,555 sq ft carpet; 5 BHK – 2,359 sq ft carpet.
When is possession of Mahavir Ville?
As per MahaRERA, proposed possession is Jun 2028.
Is Mahavir Ville RERA-registered?
Yes — MahaRERA registration P51900020220.
How many units does Mahavir Ville have?
MahaRERA records 155 units across 4 buildings, up to 35 floors.
Who is the developer of Mahavir Ville?
Shree Naman Group (Eknath Infrastructure LLP) — 270 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Matunga?
30 MahaRERA-registered projects in Matunga are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines 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.
