Chembur · Mumbai
Maitri Park
Chembur · by House of Hiranandani (SHODEN DEVELOPERS PRIVATE LIMITED)
Registered project name
Hiranandani Maitri Park Phase 1Updated Oct 2026
🗺 View on map · schools, metro & distancesChemburPhotos from the project record · tap to enlarge
The story at a glance
At a glance
swipe →- Line 2B Yellow0.7 km
- Line 4 Green1.6 km
A first look at Maitri Park
Maitri Park 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.
Availability & Pricing
Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.
💬 Request latest price on WhatsAppProperty listings in Maitri Park
About Maitri Park
Location
The project is in Chembur, Mumbai, in the Mumbai Suburban district. Across 55 recent resale listings on MPE, homes in Chembur have a median asking rate of ₹31,700 per sq ft, and a 2 BHK typically rents for about ₹80,000 a month.
MahaRERA record
Maitri Park 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, 72% above 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 25%, finishing at 0%, services at 0%. Proposed possession is Jul 2031, revised to Mar 2031.
Developer track record
House of Hiranandani has 14 projects tracked on Mumbai Property Exchange, 8 of them delivered (ready or sold out).
Buyer demand in Chembur
In the last 90 days, buyers and tenants registered 51 requirements for Chembur with Mumbai Property Exchange, 18 of them to buy and 16 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 — 72% 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 decision131 MahaRERA projects are due to hand over in Chembur between 2026 and 2030; the nearest upcoming infrastructure to Maitri Park 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.
RERA record & possession
Buildings · 14 wings
516 unitsLocation
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
14+6 more ▾
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 Projects in Chembur
Compare Hiranandani Maitri Park Phase 1 with similarly priced projects nearby
MahaRERA projects nearby in Chembur
Frequently Asked Questions
Where is Maitri Park located?
Maitri Park is in Chembur, Mumbai.
What is the price of Maitri Park?
2, 3 & 4 BHK homes are priced ₹4.1 Cr–₹12.3 Cr as on 09 Jul 2026, about ₹54,500 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Maitri Park 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?
As per MahaRERA, proposed possession is Jul 2031, revised to Mar 2031.
Is Maitri Park RERA-registered?
Yes — MahaRERA registration PR1180002600200, registered 2026-04-18.
How many units does Maitri Park have?
MahaRERA records 694 units across 16 buildings, up to 23 floors.
Who is the developer of Maitri Park?
House of Hiranandani (SHODEN DEVELOPERS PRIVATE LIMITED) — 14 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Chembur?
131 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?
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).
