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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA P51900030390

Mahim · Mumbai

Midtown Bay

Off, Sitladevi Temple Road, Mahim · by Prescon Group (Rising Sun Impex Private Limited)

Updated Oct 2026

🗺 View on map · schools, metro & distances
Midtown Bay by Prescon, Mahim, Mumbai — 1 & 2 BHK new project, possession Dec 2027 | Mumbai Property Exchange, Sandeep Sadh 98200 30685
Midtown Bay, Mahim
Project card by Mumbai Property Exchange · tap to open and share

The story at a glance

Sandeep Sadh, Mumbai Property Exchange
Sandeep Sadh · Founder, Mumbai Property Exchange
MahaRERA A51800043517 · in Mumbai real estate since 1995
298
Units
2027
Possession
1
Buildings
Certificate Signed
Status

At a glance

swipe →
Price check
₹65,068/sq.ft
₹49,600₹64,000
Above the usual range for homes for sale in Mahim (37 listings).
Area price trend
₹46,700/sq.ft
+6.6% since Q2 26 · asking rate for homes in Mahim
Who's looking
13 requests
People asked us for Mahim in the last 90 days — 6 to buy.
Getting around
  • Line 3 Aqua0.7 km
  • Versova-Bandra Sea Link2.5 km
  • Coastal Road (Phase 1)3.0 km

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.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
2½ BHK730 ft²₹4.75 Cr—
2½ BHK820 ft²₹5.5 Cr—
3 BHK1180 ft²₹7 Cr—

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 WhatsApp
Unit configurations filed with MahaRERA (2)
ConfigurationCarpetIndicative Price
1 BHK365–422 ft²₹2.37 Cr–₹2.75 Cr
2 BHK560–580 ft²₹3.64 Cr–₹3.77 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

Property listings in Midtown Bay

For sale
For rent

Midtown Bay floor plans

2
Midtown Bay, Mahim — floor plan 1Midtown Bay, Mahim — floor plan 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 37 recent resale listings on MPE, homes in Mahim have a median asking rate of ₹60,000 per sq ft, and a 2 BHK typically rents for about ₹1.5 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, 8% 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, 6 of them to buy.

Developer's description ▾
Prescon Midtown Bay, a residential project by Prescon Group, sprawls over approximately 0.75 acres in Mahim. With a prime location and easy accessibility, it promises a high ROI and an aspirational lifestyle. Situated just 5 minutes away from Mahim Railway Station, Metro Station, and Shivaji Park, and 3 minutes from Hinduja Hospital, it offers seamless connectivity to BKC and the Western Express Highway. The development features 2, 2.5, and 3 BHK residences across 2 levels of basement, a ground level, a 10-level podium, and 35 habitable floors. Residents enjoy stunning city skyline views and a plethora of amenities including an infinity pool, gym, games room, banquet hall, and more.

Mahim market

prices, rents & rates

Mahim — resale, rent & yield

Resale
₹60,000/sqft
median · 37 listings
Rent
₹258.6/sqft/mo
2 BHK ~₹150,000/mo
Gross yield
5.2%/yr
rent vs resale value

This project is quoted around ₹65,068/sqft — 8% above resale here.

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

Upcoming projects & infrastructure in Mahim

take an informed decision

27 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).

27
MahaRERA projects handing over in the next 5 years
in Mahim
₹57,500/sqft
typical asking price
steady this quarter
₹26,400/sqft
ready reckoner rate (government) · carpet
2025-26 · highest govt zone rate in the area, shown per sq ft carpet · stamp duty is charged on the higher of this and the deal value
New projects in Mahim by possession year
1
2026
8
2027
4
2028
9
2029
5
2030
Metro & infrastructure near Midtown Bay
  • 🚇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
Questions about Mahim prices?

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

Possession (proposed)
Dec 2027
Project status
New
MahaRERA No.
P51900030390
Data last updated
Oct 2026
Registered
2021-08-17
Escrow Bank
ICICI BANK LIMITED
Architect
SKYLINE INFRAMART CONSULTANTS LLP
Total FSI
23,376

Buildings · 1 wing

298 units
Midtown Bay · 49 fl · 298 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Neighbourhood around Midtown Bay

Midtown Bay in Mahim is 0.3 km from Shitala Devi Mandir metro station, 0.8 km from Mahim Junction railway station, 0.2 km from Victoria High school and 0.1 km from Raj Ratan Hospital.

  • Ⓜ Metro stationShitala Devi Mandir0.3 km
  • Ⓜ Metro stationDadar0.7 km
  • 🚉 Railway stationMahim Junction0.8 km
  • 🏫 SchoolVictoria High school0.2 km
  • 🏫 SchoolCanossa Special School0.4 km
  • 🏥 HospitalRaj Ratan Hospital0.1 km
  • 🏥 HospitalDr Haresh Shah Prabhat Maternity and Surgical Nursing Home0.2 km
  • 🎓 CollegeLokmanya Vidya Mandir Jr College0.5 km
  • 🛍 MallStar Mall1.5 km
  • 🌳 ParkDesai Park0.4 km

Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →

Construction progress

per MahaRERA
Foundation100%
Structure100%
Finishing100%
Services100%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Podiums (if any)100%
Sanitary Fittings within the flats / premises100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%

What you pay, and when

an example

This 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).

Due soon after booking~₹5.22 Cr95%, stages already done
Balance till possession~₹27.5 Lover about 14 months
Stamp duty + GST~₹33.0 L + ₹27.5 L6% + 5%, plus ~₹30,000 registration
  1. ✓ Plinth complete45% paid by then
  2. ✓ Slabs complete70% paid by then
  3. ✓ Walls, plaster & flooring75% paid by then
  4. ✓ Sanitary fittings80% paid by then
  5. ✓ Staircases, lift wells & lobbies85% paid by then
  6. ✓ Lifts, pumps, plumbing & elevation95% paid by then
  7. ○ 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 advisor

Amenities

24
24x7 SecurityBanquet HallBarbecue AreaBusiness CentreCafeCrecheEV ChargingGrand entrance lobby
+16 more ▾
GymnasiumHigh speed elevatorsIndoor GamesJogging TrackKid's play areaKids Play AreaLandscaped gardenLoungeMini TheatreMultipurpose CourtSit-out AreaSky LoungeSpaSwimming PoolTempleYoga Room

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 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, 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?

27 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.

How far is Midtown Bay from the nearest metro and railway station?

Midtown Bay is about 0.3 km from Shitala Devi Mandir metro station and 0.8 km from Mahim Junction railway station (straight-line distance; road distance is longer).

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 2026-10-21). 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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