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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Resale and rental stock live in this buildingMahaRERA P51800004802

Mulund West · Mumbai

Neona

Jawaharlal Nehru Road, Opp Apna Bazar, Mulund West · by K Hemani

Updated Sep 2026

85
Units
2024
Possession
1
Buildings
Certificate Signed
Status

A first look at Neona

Neona is a residential project by K Hemani on Jawaharlal Nehru Road, Opp Apna Bazar, Mulund West, Mumbai 400080. It is registered with MahaRERA under P51800004802 (registered 2017-08-09). The project has 85 units across 1 building of up to 23 floors. It offers 2 BHK homes with carpet areas of 581 sq ft, priced ₹1.72 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹29,600 per sq ft. MahaRERA proposed possession: Jun 2024, revised to Jul 2018.

Resale and rental stock live in this building.

1 for sale in this building right now, listed below.

Availability & Pricing

TypeCarpetPriceAvail
2 BHK581 ft²₹1.72 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

Available now in Neona

1 for sale · 0 for rent · our live listings, dated and reconfirmed on WhatsApp

For sale

Neona floor plans

2
Neona, Mulund West — floor plan 1Neona, Mulund West — floor plan 2

Floor plans are indicative, as shared by the developer, and subject to change.

About Neona

Location

Neona stands on Jawaharlal Nehru Road, Opp Apna Bazar in Mulund West, Mumbai 400080, in the Mumbai Suburban district. Across 26 recent resale listings on MPE, homes in Mulund West have a median asking rate of ₹28,370 per sq ft, and a 2 BHK typically rents for about ₹60,000 a month.

MahaRERA record

The MahaRERA registration number is P51800004802, issued on 9 August 2017. The registered promoter is R. K. Constructions. The filing lists 1 wing: Neona over 23 floors. Per the registration, the architect on record is Grit Architectural Consultancy Pvt Ltd and the project escrow account is with Kotak Mahindra Bank Ltd.

Homes and prices

Homes on offer are 2 BHK of 581 sq ft at ₹1.72 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹29,600 per sq ft of carpet, 4% 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 Jun 2024, revised to Jul 2018.

Developer track record

K Hemani has 1585 projects tracked on Mumbai Property Exchange, 1329 of them delivered (ready or sold out). Other projects by the same developer include 20 Opera, Parvati Aangan, Parvati Avenue.

Buyer demand in Mulund West

In the last 90 days, buyers and tenants registered 21 requirements for Mulund West with Mumbai Property Exchange, 13 of them to buy and 4 specifically for 2 BHK homes.

Developer's description ▾

Neona is a 18 storied Under Construction Project and the location is Jawaharlal Nehru Road, Opp Apna Bazar, Mulund West and is developed by K Hemani. Neona was launched in Jun 2013 and is Ready to Move In.

Neona is RERA approved has the Registration Number bearing P51800004802.

Neona is tagged as RERA Approved / Investors Delight / Self Use.

Amenities like Aluminium Sliding Windows Vitrified flooring Concealed Wiring Concealed Plumbing Imported Sanitary Fittings POP finished walls Granite Platform Club House Grand entrance lobby High speed elevators Landscaped garden Power Backup Indoor Games Kid's play area Modular Kitchen Marble flooring are planned to be provided in Neona.

The property prices in Mulund West are in the range of 12400 to 16000 for Outright for ready and under construction projects.

K Hemani currently has 1 Ready Possession, 1 Under Construction projects.

Neona has good reviews and the ratings of this project are approximately 3 out of 5.

You can download the brochure of Neona and you can see the latest digital pictures, Floor Plans, Location Plans & Rate History on our website.
The Bookings for the Ready Possession project Neona are open and we can set up a Site Visit any time at your Convenience.
Neona is approved by most of the Banks and for more details on the approved bank list, please connect with us.

Price vs Locality

₹29,604
/sqft · Mulund West rate-band mid-point ₹37,500
21% below mid-point

Upcoming projects & infrastructure in Bhandup

take an informed decision

23 MahaRERA projects are due to hand over in Bhandup between 2027 and 2031; the nearest upcoming infrastructure to Neona is the Goregaon-Mulund Link Road (GMLR), 0.2 km away (under construction · due 2028).

23
MahaRERA projects handing over in the next 5 years
in Bhandup
₹23,500/sqft
typical asking price
easing this quarter
₹13,200/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Bhandup by possession year
1
2027
4
2028
9
2029
3
2030
6
2031

Supply is not evenly spread — one year carries almost half of it.

Metro & infrastructure near Neona
  • 🚇Goregaon-Mulund Link Road (GMLR)Under construction · due 20280.2 km
  • 🚇Line 4 GreenUnder construction · due 20270.8 km
  • 🚇Line 5 OrangeUnder construction · due 20273.3 km
In the full Bhandup report

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

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

Mulund West — resale, rent & yield

Resale
₹28,370/sqft
median · 26 listings
Rent
₹64.1/sqft/mo
2 BHK ~₹60,000/mo
Gross yield
2.7%/yr
rent vs resale value

This project is quoted around ₹29,604/sqft4% above resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
1 BHK485 ft²₹1.44 Cr
2 BHK581–603 ft²₹1.72 Cr–₹1.79 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Jun 2024
Possession (revised)
Jul 2018
MahaRERA No.
P51800004802
Data last updated
Sep 2026
Registered
2017-08-09
Escrow Bank
KOTAK MAHINDRA BANK LIMITED
Architect
Grit Architectural Consultancy Pvt Ltd
Total FSI
4,919

Buildings · 1 wing

Neona · 23 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger 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%

Amenities

16
Aggregate area of recreational Open SpaceDance AreaElectrical meter room, sub-station, r…Fire protection and fire safety requi…Games AreaGreen AreaHobby ZoneLandscaping & Tree Planting
+8 more ▾
Nana Nani AreaReading AreaSewerage (Chamber, Lines, Septic Tank…Storm Water DrainsToddlers ZoneWater SupplyWater conservation /Rain water harvestingYoga Area

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

Mulund West market context

Property Rates in Mulund West

Residential · Sale
₹30,000–45,000/sqft
Commercial · Sale
₹20,000–45,000/sqft
2 BHK · Rent
₹55,000–105,000/mo

Resale Flats for Sale in Mulund West

4

Flats for Rent in Mulund West

4

Commercial for Sale in Mulund West

2

Commercial for Lease in Mulund West

2

Commercial Projects in Mulund West

More by K Hemani

MahaRERA projects nearby in Mulund West

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, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Frequently Asked Questions

Where is Neona located?

Neona is on Jawaharlal Nehru Road, Opp Apna Bazar, Mulund West, Mumbai 400080.

What is the price of Neona?

2 BHK homes are priced ₹1.72 Cr as on 09 Jul 2026, about ₹29,600 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Neona offer?

2 BHK – 581 sq ft carpet at ₹1.72 Cr.

When is possession of Neona?

As per MahaRERA, proposed possession is Jun 2024, revised to Jul 2018.

Is Neona RERA-registered?

Yes — MahaRERA registration P51800004802, registered 2017-08-09.

How many units does Neona have?

MahaRERA records 85 units across 4 buildings, up to 23 floors.

Who is the developer of Neona?

K Hemani — 1585 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Bhandup?

23 MahaRERA-registered projects in Bhandup are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Neona?

Goregaon-Mulund Link Road (GMLR) — under construction · due 2028, 0.2 km away; Line 4 Green — under construction · due 2027, 0.8 km away; Line 5 Orange — under construction · due 2027, 3.3 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.

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 2026-09-20). 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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