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✓ MahaRERA P51900008204RERA: no litigation reportedMinerva
Lokhandwala Kataria Construction
📍 Lower Parel, Mumbai City · 400011
372
Units
2023
Possession
3
Buildings
Certificate Signed
Status
Ready project with mapped inventory
Review mapped resale, rental or ready inventory and reconfirm availability.
Source stage: Ready Possession · mapped resale: 0 · mapped rental: 0 · primary status: recorded
PB
Pooja Batra · Senior Advisor
Mumbai Property Exchange · MahaRERA-registered since 2017
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Gallery
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Overview
Shapoorji Pallonji Minerva is a wonderful residential project situated in Mahalaxmi, Mumbai. It's developed by Shapoorji Pallonji, one of India's leading real estate developers. One of the project's main advantages is its prime location in Mahalaxmi, a sought-after neighbourhood in Mumbai. Mahalaxmi is well-developed and offers excellent connectivity to other parts of the city. It's close to major roads, railway stations, metro stations, and bus stations, making it convenient for daily commuting. The area also has plenty of shopping options and amenities nearby. The upcoming infrastructure improvements in and close to Mahalaxmi will enhance connectivity and boost real estate demand. Following are a few upcoming developments. Minerva is a 91- storeyed building overlooking Mahalakshmi Racecourse and the Arabian Sea. 3.5 & 4 BHK apartments with sprawling decks. Launching Ultra-luxurious homes 54th floors and above. Ultra-modern amenities that are soon to be ready for use. Largest viewing decks on the 78th floor. Amenities & Features: Grand Triple height Air conditioned Lobby, Swimming Pool with temperature control, Fully Equipped Gym, Steam & Jacuzzi, Creche, Jogging Track, Cricket Pitch & Basketball Court And many more.
₹
Price vs Locality
₹64,981
/sqft · locality avg ₹82,500
₹
Mahalaxmi — resale, rent & yield
Resale
₹60,022/sqft
median · 53 listings
Rent
₹221.2/sqft/mo
2 BHK ~₹187,500/mo
Gross yield
4.4%/yr
rent vs resale value
This project is quoted around ₹64,981/sqft — 8% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
01
Possession Timeline
Proposed
Dec 2023
Status
Ongoing
02
Unit Configurations (per MahaRERA)
ConfigurationCarpetIndicative Price
3 BHK Typ1,214–1,427 ft²₹7.89 Cr–₹9.27 Cr
3.5 BHK2,058 ft²₹13.37 Cr
4 BHK Typ1,712–2,750 ft²₹11.12 Cr–₹17.87 Cr
4 BHK Duplex Typ2,655–3,016 ft²₹17.25 Cr–₹19.6 Cr
5 BHK Duplex Typ2,916–3,070 ft²₹18.95 Cr–₹19.95 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor03
RERA Trust Record
MahaRERA No.
P51900008204
Registered
2025-12-29
Litigation
No reported in source
Escrow Bank
HDFC BANK
Architect
Amit
Total FSI
61271
04
Buildings · 3 Wing(s)
MINERVA 1A 1-3944 floors · 200 units
MINERVA 1B 40-6526 floors · 124 units
MINERVA 1C 66-7914 floors · 48 units
05
Land DNA · Genesis
Redevelopment / SRA / MHADA / MMRDA / Freehold — provenance from MPE's verification layer. The genesis no portal shows.
06
Location
📍 Lower Parel
18.988477200000000,72.829193300000040
18.988477200000000,72.829193300000040
▸ Explore map & Street View — for verified buyers
07
Promoter & Professionals
Lokhandwala Kataria Construction Private LimitedNA
AMIT THORATArchitect
08
Availability & Pricing
TypeCarpetPriceAvail
3½ BHK2058 ft²₹13.38 Cr—
4 BHK2135 ft²₹13.12 Cr—
4 BHK2136 ft²₹13.88 Cr—
09
Construction Progress
96% avgBasement (if any)100%
Excavation100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Plinth100%
Podiums (if any) 100%
Slabs of Super Structure100%
Stilt Floor 100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks99%
Slabs of Super Structure98%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.95%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.95%
Sanitary Fittings within the flats / premises95%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises85%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks70%
10
Amenities
Electrical meter room, sub-station, receiving stationEnergy managemcntFire protection and fire safety requirementsInternal Roads & FootpathsLandscaping & Tree PlantingOpen ParkingSewerage (Chamber, Lines, Septic Tank , STP)Solid Waste Management And DisposalStorm Water DrainsTreatment And Disposal Of Sewage And Sullage WaterWater SupplyWater conservation /Rain water harvesting
12
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 options08
Property Rates in Lower Parel
Residential · Sale
₹60,000–105,000/sqft
Commercial · Sale
₹75,000–110,000/sqft
2 BHK · Rent
₹165,000–275,000/mo
Full rates
09
Resale Flats for Sale in Lower Parel
4
10
Flats for Rent in Lower Parel
4
11
Commercial for Sale in Lower Parel
2
12
Commercial for Lease in Lower Parel
1
13
Commercial Projects in Lower Parel
VS
Compare Minerva with nearby projects
15
MahaRERA projects nearby in Lower Parel
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Frequently Asked Questions
When is possession of Minerva?
As per MahaRERA, proposed possession is Dec 2023.
Is Minerva RERA-registered?
Yes — MahaRERA registration P51900008204, registered 2025-12-29. The current MahaRERA source record reports no litigations.
What configurations and prices are available?
3 configuration(s), including 3½ BHK of 2058 sqft at ₹13.38 Cr. See the pricing table above.
Who is the developer?
Lokhandwala Kataria Construction — 23 projects tracked on Mumbai Property Exchange.
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.
