Updated Oct 2026
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Maitri Park at a glance
Address and what changed, with a date on every line. Last updated 07 Oct 2026.
Key facts
- Address
- Chembur, Mumbai
- Developer
- House of Hiranandani
- Possession
- Mar 2031 (MahaRERA)
- MahaRERA
- PR1180002600200
Latest on Maitri Park
Read: Maitri Park: ₹54,530 a sq ft launch against ₹30,857 resale in Chembur09 Nov 2026
- 07 Oct 2026MahaRERA record re-checked by Mumbai Property Exchange. · MahaRERA
- 09 Jul 2026Prices recorded by our team: 2 BHK of 763 sq ft at ₹4.1 Cr; 3 BHK of 1,192 sq ft at ₹6.5 Cr; 4 BHK of 2,162 sq ft at ₹12.3 Cr; 3 BHK of 1,362 sq ft at ₹7.25 Cr. Indicative, may change 5–10%. · Mumbai Property Exchange
- 18 Apr 2026Hiranandani Maitri Park Phase 1 registered with MahaRERA as PR1180002600200, possession declared Mar 2031. · MahaRERA
New · drive before you visit
Drive to Maitri Park from your place
See the road from your home or office, the drive time with Mumbai traffic, what you pass on the way — and the street view at the gate.
Maitri Park price check and key numbers
swipe →- Line 2B Yellow0.7 km
- Line 4 Green1.6 km
A first look at Maitri Park
Maitri Park Phase 1 is a residential project by House of Hiranandani in Chembur, Mumbai. It is registered with MahaRERA under PR1180002600200 (registered 2026-04-18). The project has 694 units across 14 buildings of up to 23 floors. It offers 2, 3 & 4 BHK homes with carpet areas of 763–2,162 sq ft, priced ₹4.1 Cr–₹12.3 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹54,500 per sq ft. MahaRERA proposed possession: Jul 2031, revised to Mar 2031.
Ask an advisor to verify current developer inventory and price.
Maitri Park price list
Approximate figures, to help you understand what a home here would cost. Not a quote — the developer confirms the final price.
Some projects run developer payment schemes — such as 20:80 or subvention plans, flexi payment or launch offers — that change what you pay and when. Ask us which schemes apply →
Last price update: 09 Jul 2026. 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. We can come back to you with the latest price.
Stamp duty, GST and loan figures are estimates for planning, not an offer. All other charges levied by the developer — society formation, share money and membership, legal charges, clubhouse and amenities, advance (ad hoc) maintenance, property taxes and similar — are extra.
Ask for the latest priceResale and rental flats in Maitri Park
Our view on Maitri Park
Mumbai Property Exchange advisoryMaitri Park by House of Hiranandani in Chembur is quoted at about ₹54,500 per sq ft of carpet, with possession per MahaRERA due Mar 2031. That is about 76% above what resale homes in Chembur ask (about ₹30,900).
Who it suits
Buyers who are happy to wait until 2031 for a new House of Hiranandani home in Chembur.
The price, in context
Among the Chembur new launches in the table below, it is number 3 of 6 by quoted rate. New launches usually ask a premium over resale for a new building and amenities; at 76% this one's premium is high.
What we would check before you commit
The latest price list, the payment plan against possession in Mar 2031, the floor and view of the unit, and parking. Our team checks these with the developer for you.
Chembur new launches, by quoted rate
| Project | Rate / sq ft | Possession |
|---|---|---|
| Rustomjee Balmoral | ₹60,000 | Aug 2030 |
| Godrej Sky Terraces - RKB | ₹57,000 | Jul 2029 |
| Maitri Park | ₹54,500 | Mar 2031 |
| Adityaraj Platinum | ₹52,600 | Dec 2028 |
| Mehr | ₹50,300 | Jul 2028 |
| Radha Continental | ₹49,400 | Feb 2028 |
Quoted rates as recorded by Mumbai Property Exchange, Oct 2026; possession dates per MahaRERA where filed. Indicative — confirm with our team.
About Maitri Park
Location
The project is in Chembur, Mumbai, in the Mumbai Suburban district. Across 43 recent resale listings on MPE, homes in Chembur have a median asking rate of ₹30,900 per sq ft, and a 2 BHK typically rents for about ₹75,000 a month.
MahaRERA record
Maitri Park Phase 1 is registered with MahaRERA under PR1180002600200, dated 18 April 2026. The registered promoter is Shoden Developers Private Limited. The filing lists 14 wings: 01 with 76 units over 22 floors; 02 with 78 units over 22 floors; 03 with 80 units over 22 floors; 04 with 80 units over 22 floors; 05 with 88 units over 22 floors; 06 with 38 units over 23 floors; 07 with 38 units over 23 floors; 08 with 38 units over 23 floors (and 6 more).
Homes and prices
Homes on offer are 2 BHK of 763 sq ft at ₹4.1 Cr; 3 BHK of 1,192–1,362 sq ft at ₹6.5 Cr–₹7.25 Cr; 4 BHK of 1,831–2,162 sq ft at ₹10.5 Cr–₹12.3 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹53,200–₹57,300 per sq ft of carpet, 76% above 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 25%, finishing at 0%, services at 0%. Proposed possession is Jul 2031, revised to Mar 2031.
Developer track record
House of Hiranandani has 4 projects tracked on Mumbai Property Exchange, 2 of them delivered (ready or sold out). Other projects by the same developer include Hiranandani Westgate.
Buyer demand in Chembur
In the last 90 days, buyers and tenants registered 52 requirements for Chembur with Mumbai Property Exchange, 25 of them to buy and 18 specifically for 2, 3 & 4 BHK homes.
Chembur market
prices, rents & ratesPrice vs locality
Chembur — resale, rent & yield
This project is quoted around ₹54,530/sqft — 76% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Chembur
Upcoming projects & infrastructure in Chembur
take an informed decision129 MahaRERA projects are due to hand over in Chembur between 2026 and 2030; the nearest upcoming infrastructure to Maitri Park Phase 1 is the Line 4 Green, 1.6 km away (under construction · due 2027).
Supply is not evenly spread — one year carries about a third of it.
- 🚇Line 2B YellowOpened 20260.7 km
- 🚇Line 4 GreenUnder construction · due 20271.6 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Chembur, 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.
Maitri Park MahaRERA number and possession date
Maitri Park towers and phases
14 wings · 516 unitsMaitri Park address and location
Neighbourhood around Maitri Park
Maitri Park in Chembur is 0.2 km from Shivaji Chowk (Chembur) metro station, 1.3 km from Govandi railway station, 0.3 km from St. Gregorios High School and 0.1 km from Amarnath Multidisciplinary Children's Hospital.
- Ⓜ Metro stationShivaji Chowk (Chembur)0.2 km
- Ⓜ Metro stationDiamond Garden0.5 km
- 🚉 Railway stationGovandi1.3 km
- 🏫 SchoolSt. Gregorios High School0.3 km
- 🏫 Schoolmuncipal school0.6 km
- 🏥 HospitalAmarnath Multidisciplinary Children's Hospital0.1 km
- 🏥 HospitalNiramaya General Hospital0.1 km
- 🎓 CollegeShah & Anchor Kutchhi Engineering College0.7 km
- 🌳 ParkDiamond Garden0.7 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: 3 BHK · 1362 sq ft at ₹7.25 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% (₹5.44 Cr here), released stage by stage, so your own money is about ₹1.81 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 ₹4.72 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 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.
Members only · one-time WhatsApp code · no spam
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 (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.
Resale Flats for Sale in Chembur
4
Flats for Rent in Chembur
4
Commercial for Lease in Chembur
1
Commercial Projects in Chembur
More by House of Hiranandani (SHODEN DEVELOPERS PRIVATE LIMITED)
Compare Hiranandani Maitri Park Phase 1 with similarly priced projects nearby
MahaRERA projects nearby in Chembur
Frequently Asked Questions
Is Maitri Park good value compared with other Chembur homes?
It is quoted at about ₹54,500 per sq ft, about 76% above the Chembur resale median of about ₹30,900. Prices are indicative; our team can confirm the latest.
Where is Maitri Park Phase 1 located?
Maitri Park Phase 1 is in Chembur, Mumbai.
What is the price of Maitri Park Phase 1?
2, 3 & 4 BHK homes are priced ₹4.1 Cr–₹12.3 Cr as on 09 Jul 2026, about ₹54,500 per sq ft. 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.
What configurations and carpet areas does Maitri Park Phase 1 offer?
2 BHK – 763 sq ft carpet at ₹4.1 Cr; 3 BHK – 1,192 sq ft carpet at ₹6.5 Cr; 3 BHK – 1,362 sq ft carpet at ₹7.25 Cr; 4 BHK – 1,831 sq ft carpet at ₹10.5 Cr; 4 BHK – 2,162 sq ft carpet at ₹12.3 Cr.
When is possession of Maitri Park Phase 1?
As per MahaRERA, proposed possession is Jul 2031, revised to Mar 2031.
Is Maitri Park Phase 1 RERA-registered?
Yes — MahaRERA registration PR1180002600200, registered 2026-04-18.
How many units does Maitri Park Phase 1 have?
MahaRERA records 694 units across 14 buildings, up to 23 floors.
Who is the developer of Maitri Park Phase 1?
House of Hiranandani (SHODEN DEVELOPERS PRIVATE LIMITED) — 4 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Chembur?
129 MahaRERA-registered projects in Chembur are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Maitri Park Phase 1?
Line 2B Yellow — opened 2026, 0.7 km away; Line 4 Green — under construction · due 2027, 1.6 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 Maitri Park from the nearest metro and railway station?
Maitri Park is about 0.2 km from Shivaji Chowk (Chembur) metro station and 1.3 km from Govandi railway station (straight-line distance; road distance is longer).
