Mahim · Mumbai
Midtown Bay
Off, Sitladevi Temple Road, Mahim · by Prescon Group (Rising Sun Impex Private Limited)
Updated Oct 2026
MahimPhotos from the project record · tap to enlarge
A first look at Midtown Bay
Midtown Bay is a residential project by Prescon Group on Off, Sitladevi Temple Road, Mahim, Mumbai 400016. It is registered with MahaRERA under P51900030390 (registered 2021-08-17). The project has 298 units across 1 building of up to 49 floors. It offers 3 BHK homes with carpet areas of 730–1,180 sq ft, priced ₹4.75 Cr–₹7 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹65,100 per sq ft. MahaRERA proposed possession: Dec 2027.
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 WhatsAppUnit configurations filed with MahaRERA (2)
Property listings in Midtown Bay
Midtown Bay floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
Midtown Bay videos
About Midtown Bay
Location
The address of Midtown Bay is Off, Sitladevi Temple Road, Mahim, Mumbai 400016, in the Mumbai City district. Across 44 recent resale listings on MPE, homes in Mahim have a median asking rate of ₹61,100 per sq ft, and a 2 BHK typically rents for about ₹1.4 Lac a month.
MahaRERA record
The MahaRERA registration number is P51900030390, issued on 17 August 2021. The registered promoter is Rising Sun Impex Private Limited. The filing lists 1 wing: Midtown Bay with 298 units over 49 floors. Per the registration, the architect on record is SKYLINE INFRAMART CONSULTANTS LLP and the project escrow account is with ICICI Bank Ltd.
Homes and prices
The price list covers 2½ BHK of 730–820 sq ft at ₹4.75 Cr–₹5.5 Cr; 3 BHK of 1,180 sq ft at ₹7 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹59,300–₹67,100 per sq ft of carpet, 7% 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 100%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Dec 2027.
Developer track record
Prescon Group has 12 projects tracked on Mumbai Property Exchange, 9 of them delivered (ready or sold out).
Buyer demand in Mahim
In the last 90 days, buyers and tenants registered 13 requirements for Mahim with Mumbai Property Exchange, 4 of them to buy and 1 specifically for 3 BHK homes.
Developer's description ▾
Mahim market
prices, rents & ratesMahim — resale, rent & yield
This project is quoted around ₹65,068/sqft — 6% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Upcoming projects & infrastructure in Mahim
take an informed decision26 MahaRERA projects are due to hand over in Mahim between 2026 and 2030; the nearest upcoming infrastructure to Midtown Bay is the Versova-Bandra Sea Link, 2.5 km away (under construction · due 2028).
Supply is not evenly spread — one year carries about a third of it.
- 🚇Line 3 AquaOpened 20250.7 km
- 🌉Versova-Bandra Sea LinkUnder construction · due 20282.5 km
- 🛣️Coastal Road (Phase 1)Opened 20243.0 km
- 🚇Line 4 GreenUnder construction · due 20273.1 km
- 🚇Line 11 GreenApproved3.1 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Mahim, 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 · 1 wing
298 unitsLocation
Construction progress
per MahaRERASee all 11 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 · 820 sq ft at ₹5.50 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% (₹4.12 Cr here), released stage by stage, so your own money is about ₹1.38 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 ₹3.58 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
3Next 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 Mahim
4
Flats for Rent in Mahim
4
Compare Midtown Bay with similarly priced projects nearby
MahaRERA projects nearby in Mahim
Frequently Asked Questions
Where is Midtown Bay located?
Midtown Bay is on Off, Sitladevi Temple Road, Mahim, Mumbai 400016.
What is the price of Midtown Bay?
3 BHK homes are priced ₹4.75 Cr–₹7 Cr as on 09 Jul 2026, about ₹65,100 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Midtown Bay offer?
2½ BHK – 730 sq ft carpet at ₹4.75 Cr; 2½ BHK – 820 sq ft carpet at ₹5.5 Cr; 3 BHK – 1,180 sq ft carpet at ₹7 Cr.
When is possession of Midtown Bay?
As per MahaRERA, proposed possession is Dec 2027.
Is Midtown Bay RERA-registered?
Yes — MahaRERA registration P51900030390, registered 2021-08-17.
How many units does Midtown Bay have?
MahaRERA records 298 units across 1 building, up to 49 floors.
Who is the developer of Midtown Bay?
Prescon Group (Rising Sun Impex Private Limited) — 12 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Mahim?
26 MahaRERA-registered projects in Mahim are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Midtown Bay?
Line 3 Aqua — opened 2025, 0.7 km away; Versova-Bandra Sea Link — under construction · due 2028, 2.5 km away; Coastal Road (Phase 1) — opened 2024, 3.0 km away; Line 4 Green — under construction · due 2027, 3.1 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.
