Why usLog inList propertyWhatsApp us
New projectsAll new projectsBest dealsUnder-construction guideRERA searchBuilders
BuyHomes for saleCommercialMap searchPrivate clients
RentHomes for rentOffices for lease
ExploreLocalitiesInvest in MumbaiNRI hubNews and insights
ToolsBudget planner
CallWhatsAppSearch
Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp

Updated Oct 2026

Jawaharlal Nehru Road, Opp Apna Bazar, Mulund West
Your next step
Homes available in Neona

Which homes are available right now — resale and rental, with asking prices — sent to your WhatsApp by an MPE advisor.

Enter your mobile and we will WhatsApp you what is available in Neona.
+91
QR code: scan to WhatsApp Mumbai Property Exchange about this page
On your phone? Scan to WhatsApp us about this page. No number to type here.
Or log in with a one-time code
Compare Neona with other developer projects in Mulund West →

Mumbai Property Exchange · MahaRERA agent A51800043517 · advising buyers since 1995. Your number is used to respond to your enquiry.

New · drive before you visit

Drive to Neona from your place

See the road from your home or office, the drive time with Mumbai traffic, what you pass on the way — and the street view at the gate.

SOLD OUT
Neona is sold out by the developer.We can check resale and rental flats in this building for you.
See resale & lease in this building →

Neona price check and key numbers

swipe →
Area price trend
₹29,800/sq.ft
+2.3% since Q1 26 · asking rate for homes in Mulund West
Who's looking
38 requests
People asked us for Mulund West in the last 90 days — 24 to buy.
Getting around
  • Goregaon-Mulund Link Road (GMLR)0.2 km
  • Line 4 Green0.8 km
  • Line 5 Orange3.3 km

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). Neona is sold out by the developer; ask MPE for resale or rental flats in this building. 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. MahaRERA proposed possession: Jun 2024, revised to Jul 2018.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Areas filed by the developer in MahaRERA (2)
ConfigurationCarpet
1 BHK485 ft²
2 BHK581–603 ft²
These are the areas the developer filed with MahaRERA. Developers often combine or change units, so they may not match what is on sale — our team confirms what is available and the price.
💬 Ask what is available

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 133 recent resale listings on MPE, homes in Mulund West have a median asking rate of ₹29,800 per sq ft, and a 2 BHK typically rents for about ₹61,000 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, in line with the locality's resale median. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them.

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 4 projects tracked on Mumbai Property Exchange, 3 of them delivered (ready or sold out). Other projects by the same developer include Ananda.

Buyer demand in Mulund West

In the last 90 days, buyers and tenants registered 38 requirements for Mulund West with Mumbai Property Exchange, 24 of them to buy and 11 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.

Mulund West market

prices, rents & rates

Price vs locality

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

Mulund West — resale, rent & yield

Resale
₹29,800/sqft
median · 133 listings
Rent
₹84.1/sqft/mo
2 BHK ~₹61,000/mo
Gross yield
3.4%/yr
rent vs resale value

This project is quoted around ₹29,604/sqft — 1% below resale here.

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

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

Upcoming projects & infrastructure in Mulund West

take an informed decision

89 MahaRERA projects are due to hand over in Mulund West between 2026 and 2030; the nearest upcoming infrastructure to Neona is the Goregaon-Mulund Link Road (GMLR), 0.2 km away (under construction · due 2028).

89
MahaRERA projects handing over in the next 5 years
in Mulund West
₹29,200/sqft▼
typical asking price
easing this quarter
₹24,400/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 Mulund West by possession year
5
2026
27
2027
29
2028
13
2029
15
2030

Supply is not evenly spread — one year carries about a third 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
📜 5,037 registered transactions (IGR) on record in Mulund West. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Mulund West prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Mulund West, 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.

Neona MahaRERA number and possession date

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

Neona towers and phases

1 wing
Neona · 23 fl · — u

Neona address and location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Neighbourhood around Neona

Neona in Mulund West is 0.7 km from Mulund Fire Station metro station, 0.9 km from Mulund railway station, 0.2 km from Purandare School and 0.0 km from Aditi Hospital.

  • Ⓜ Metro stationMulund Fire Station0.7 km
  • Ⓜ Metro stationTeen Hath Naka2.2 km
  • 🚉 Railway stationMulund0.9 km
  • 🏫 SchoolPurandare School0.2 km
  • 🏫 SchoolVidyaben D. Gardi High School and Junior College0.3 km
  • 🏥 HospitalAditi Hospital0.0 km
  • 🏥 HospitalHira-Mongi Navneet Hospital0.2 km
  • 🎓 CollegeMulund College of Commerce - MCC1.1 km
  • 🛍 MallColor Scape Mall1.3 km
  • 🌳 ParkKalidas Garden0.1 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: 2 BHK · 581 sq ft at ₹1.72 Cr (the price recorded above).

Due soon after booking~₹1.63 Cr95%, stages already done
Balance till possession~₹8.6 Las the last stages finish
Stamp duty + GST~₹10.3 L + ₹8.6 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% (₹1.29 Cr here), released stage by stage, so your own money is about ₹43.0 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 ₹1.12 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 declared to MahaRERA

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

Members' lens

The developer's full amenity list, views and home features

From the builder's brochure and the homes we have listed here. The list above is what was declared to MahaRERA.

28 brochure amenities
Sign in free to see them

Members only · one-time WhatsApp code · no spam

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

Resale Flats for Sale in Mulund West

4

Flats for Rent in Mulund West

4

Commercial for Sale in Mulund West

1

Commercial for Lease in Mulund West

1

Commercial Projects in Mulund West

More by K Hemani

More by K Hemani →

MahaRERA projects nearby in Mulund West

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?

Neona is sold out by the developer; ask MPE for resale or rental flats in this building.

What configurations and carpet areas does Neona offer?

2 BHK – 581 sq ft carpet.

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 1 building, up to 23 floors.

Who is the developer of Neona?

K Hemani — 4 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Mulund West?

89 MahaRERA-registered projects in Mulund West are due for possession between 2026 and 2030, 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.

How far is Neona from the nearest metro and railway station?

Neona is about 0.7 km from Mulund Fire Station metro station and 0.9 km from Mulund 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 2026-10-06). 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
CallWhatsApp📅Book site visit📞Call back

Latest Mumbai Property News

View all news →