Primary inventory recordedMahaRERA PR1270002502727

New Panvel · Mumbai

Neelkanth Laxmi

New Panvel · by Neelkanth Group Kalamboli

Updated Sep 2026

New PanvelPhotos from the project record · tap to enlarge

181

Units

2030

Possession

Buildings

Certificate Signed

Status

A first look at Neelkanth Laxmi

Neelkanth Laxmi is a residential project in New Panvel, Mumbai. It is registered with MahaRERA under PR1270002502727 (registered 2026-03-12). The project has 181 units across 1 building of up to 18 floors. It offers 1 & 2 BHK homes with carpet areas of 410–1,110 sq ft, priced ₹67 Lac–₹1.47 Cr as on 21 Jul 2026 (indicative). The quoted rate is about ₹13,200 per sq ft. MahaRERA proposed possession: Apr 2030, revised to Dec 2029.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail

1 BHK410 ft²₹67 Lac—

2 BHK755 ft²₹89 Lac—

3½ BHK1110 ft²₹1.47 Cr—

Prices as on 21 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

About Neelkanth Laxmi

Location

The project is in New Panvel, Mumbai, in the Raigarh district.

MahaRERA record

Neelkanth Laxmi is registered with MahaRERA under PR1270002502727, dated 12 March 2026. The registered promoter is Neelkanth Developers. The filing lists 2 wings: Wing A with 90 units over 18 floors; Wing B with 91 units over 18 floors.

Homes and prices

The price list covers 1 BHK of 410 sq ft at ₹67 Lac; 2 BHK of 755 sq ft at ₹89 Lac; 3½ BHK of 1,110 sq ft at ₹1.47 Cr (carpet area), as on 21 Jul 2026. That works out to about ₹11,800–₹16,300 per sq ft of carpet. Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 60%, structure at 0%, finishing at 0%, services at 5%. Proposed possession is Apr 2030, revised to Dec 2029.

Developer track record

Neelkanth Group Kalamboli has 17 projects tracked on Mumbai Property Exchange, 12 of them delivered (ready or sold out). Other projects by the same developer include Neelkanth Dham, Shreeji Neelkanth, Neelkanth Darshan.

Buyer demand in New Panvel

In the last 90 days, buyers and tenants registered 16 requirements for New Panvel with Mumbai Property Exchange, 2 of them to buy and 5 specifically for 1 & 2 BHK homes.

Developer's description ▾

Neelkanth Laxmi is a thoughtfully designed residential cum commercial project in New Panvel, offering a perfect blend of elegance, comfort, and everyday convenience. Built with an earthquake-resistant RCC structure, this project ensures safety, durability, and long-term peace of mind for residents. Each flat at Neelkanth Laxmi is finished with premium quality internal paints, vitrified tile flooring in all rooms, and concealed plumbing with CP fittings, creating a modern and refined living space. The project also features CCTV surveillance at entry and exit points, an intercom system in every flat, closed car parking with separate visitor parking, and power backup for lifts and common areas, ensuring comfort and security at all times. Residents can enjoy a range of lifestyle amenities designed for all age groups, including a landscaped garden, gymnasium, children’s play area, jogging track, indoor games area, and a swimming pool. The addition of tree plantation enhances the green surroundings and promotes a healthy living environment. Located in the fast-growing area of New Panvel, Neelkanth Laxmi offers excellent connectivity and access to daily conveniences, making it an ideal choice for families and investors looking for a modern flat in New Panvel with quality construction, strong amenities, and future-ready infrastructure.

New Panvel market

prices, rents & rates

Price vs locality

₹13,243

/sqft · New Panvel rate-band mid-point ₹12,500

6% above mid-point

New Panvel — resale, rent & yield

Rent

₹110.0/sqft/mo

2 BHK ~₹70,000/mo

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

Property rates in New Panvel

Residential · Sale

₹10,000–15,000/sqft

Commercial · Sale

₹6,000–10,000/sqft

2 BHK · Rent

₹15,000–35,000/mo

Full rates

Property Rates ▸

Upcoming projects & infrastructure in New Panvel

take an informed decision

271 MahaRERA projects are due to hand over in New Panvel between 2026 and 2030; the nearest upcoming infrastructure to Neelkanth Laxmi is the Virar-Alibaug Multimodal Corridor, 1.0 km away (approved).

271

MahaRERA projects handing over in the next 5 years

in New Panvel

New projects in New Panvel by possession year

2026

2027

2028

2029

2030

Metro & infrastructure near Neelkanth Laxmi

🛣️Virar-Alibaug Multimodal CorridorApproved1.0 km

In the full New Panvel report

🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices

💬 Get the detailed report on WhatsApp 📞 Talk to us

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

RERA record & possession

Possession (proposed)

Apr 2030

Possession (revised)

Dec 2029

MahaRERA No.

PR1270002502727

Data last updated

Sep 2026

Registered

2026-03-12

Escrow Bank

—

Architect

—

Total FSI

—

Buildings · 2 wings

181 units

9091

Neelkanth Laxmi - Wing A · 18 fl · 90 u

Neelkanth Laxmi - Wing B · 18 fl · 91 u

Location

📍 Neelkanth Laxmi, New Panvel

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA

16%average

Foundation60%

Structure0%

Finishing0%

Services5%

See all 11 stages ▾

Basement (if any)100%

Excavation100%

Plinth100%

Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …10%

External plumbing and external plaster, elevation, completion of terr…0%

Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%

Internal walls, Intemal Plaster, Floorings, Floors and windows within…0%

Podiums (if any)0%

Sanitary Fittings within the flats / premises0%

Slabs of Super Structure0%

Stilt Floor0%

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: 2 BHK · 755 sq ft at ₹89.0 L (the price recorded above).

Due soon after booking~₹26.7 L30%, stages already done

Balance till possession~₹62.3 Lover about 38 months

Stamp duty + GST~₹5.3 L + ₹4.5 L6% + 5%, plus ~₹30,000 registration

○ 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% (₹66.8 L here), released stage by stage, so your own money is about ₹22.2 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹57,900/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

Swimming PoolKids Play AreaGardenClubhouseIndoor GamesGymnasiumJogging TrackCCTV

+8 more ▾

24x7 SecurityVideo Door PhoneAC LiftsPower BackupWater HarvestingModular KitchenConcealed WiringConcealed Plumbing

Next steps — clarity before you step out

📄 Request e-brochure & floor plansShared on WhatsApp once you tell us your requirementChat on WhatsApp →📅 Book a site visitPick a day — an MPE advisor accompanies youChat on WhatsApp →🎥 Book a video walkthroughThe developer's sales team walks you through it live, hosted by an MPE advisorChat on WhatsApp →

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.

Commercial Projects in New Panvel

Godrej NexspaceUnder Construction

More by Neelkanth Group Kalamboli

Neelkanth DhamKalamboli · Under Construction Shreeji NeelkanthUlwe · Under Construction Neelkanth DarshanKharghar · Under Construction Neelkanth AvenueKharghar · Sold Out Neelkanth GreensThane West · Under Construction ZenThane West · Sold Out

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Or compare with any project in New Panvel

MahaRERA projects nearby in New Panvel

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Frequently Asked Questions

Where is Neelkanth Laxmi located?

Neelkanth Laxmi is in New Panvel, Mumbai.

What is the price of Neelkanth Laxmi?

1 & 2 BHK homes are priced ₹67 Lac–₹1.47 Cr as on 21 Jul 2026, about ₹13,200 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Neelkanth Laxmi offer?

1 BHK – 410 sq ft carpet at ₹67 Lac; 2 BHK – 755 sq ft carpet at ₹89 Lac; 3½ BHK – 1,110 sq ft carpet at ₹1.47 Cr.

When is possession of Neelkanth Laxmi?

As per MahaRERA, proposed possession is Apr 2030, revised to Dec 2029.

Is Neelkanth Laxmi RERA-registered?

Yes — MahaRERA registration PR1270002502727, registered 2026-03-12.

How many units does Neelkanth Laxmi have?

MahaRERA records 181 units across 5 buildings, up to 18 floors.

Who is the developer of Neelkanth Laxmi?

Neelkanth Group Kalamboli — 17 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in New Panvel?

271 MahaRERA-registered projects in New Panvel are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Neelkanth Laxmi?

Virar-Alibaug Multimodal Corridor — approved, 1.0 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.

A first look at Neelkanth Laxmi

Availability & Pricing

About Neelkanth Laxmi

Location

MahaRERA record

Homes and prices

Construction and possession

Developer track record

Buyer demand in New Panvel

New Panvel market

Price vs locality

New Panvel — resale, rent & yield

Property rates in New Panvel

Upcoming projects & infrastructure in New Panvel

RERA record & possession

Buildings · 2 wings

Location

Construction progress

What you pay, and when

Amenities

Next steps — clarity before you step out

Commercial Projects in New Panvel

More by Neelkanth Group Kalamboli

Compare Neelkanth Laxmi with similarly priced projects nearby

MahaRERA projects nearby in New Panvel

Frequently Asked Questions

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