Orbit Terraces - Lower Parel - Sold Out Project

Updated Oct 2026

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Homes available in Orbit Terraces

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

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SOLD OUT

Orbit Terraces is sold out by the developer.We can check resale and rental flats in this building for you.

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Orbit Terraces price check and key numbers

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Area price trend

₹64,300/sq.ft

+6.4% since Q2 25 · asking rate for homes in Lower Parel

Who's looking

34 requests

People asked us for Lower Parel in the last 90 days — 13 to buy.

Getting around

Worli-Sewri Connector0.4 km
Line 11 Green1.2 km
Line 3 Aqua1.5 km

A first look at Orbit Terraces

Orbit Terraces is a residential project on Senapati Bapat Marg, Lower Parel, Mumbai 400013. It is registered with MahaRERA under P51900013466 (registered 2021-09-10). Orbit Terraces is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 140 units across 1 building of up to 59 floors. It offers 1, 2.5, 3 & 4 BHK homes. MahaRERA proposed possession: Dec 2023.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Areas filed by the developer in MahaRERA (5)

ConfigurationCarpet

Rehab Units538 ft²

1 BHK570 ft²

2.5 BHK1,022 ft²

3 BHK Duplex1,959 ft²

4 BHK2,314 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.

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Orbit Terraces floor plans

Orbit Terraces, Lower Parel — floor plan 1

Orbit Terraces, Lower Parel — floor plan 2

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

Orbit Terraces videos

About Orbit Terraces

Location

Orbit Terraces stands on Senapati Bapat Marg in Lower Parel, Mumbai 400013, in the Mumbai City district. Across 465 recent resale listings on MPE, homes in Lower Parel have a median asking rate of ₹63,000 per sq ft, and a 2 BHK typically rents for about ₹1.25 Lakh a month.

MahaRERA record

The MahaRERA registration number is P51900013466, issued on 10 September 2021. The registered promoter is Orbit Corporation Ltd.. The filing lists 1 wing: ORBIT TERRACES over 59 floors. Per the registration, the architect on record is Nilesh K Kadakia and the project escrow account is with Indusind Bank.

Construction and possession

The latest MahaRERA progress report shows foundation at 100%, structure at 60%, finishing at 5%, services at 32%. Proposed possession is Dec 2023.

Developer track record

Orbit Corp has 9 projects tracked on Mumbai Property Exchange, 9 of them delivered (ready or sold out).

Buyer demand in Lower Parel

In the last 90 days, buyers and tenants registered 34 requirements for Lower Parel with Mumbai Property Exchange, 13 of them to buy and 14 specifically for 1, 2.5, 3 & 4 BHK homes.

Developer's description ▾

A Multi-Storeyed tower comprising of duplexes with large double height terraces.On the lower i.e till 6th floor we have 1 (3BHK) & 2 (Studio Apartments) so three apartments on each floor,Higher Floor 2 apartments on each floor 3BHK & 2 BHK (i,e two studios combined)

Lower Parel market

prices, rents & rates

This project₹30,000

₹82,500area rate mid-point

₹63,000resale asking

₹41,600govt ready reckoner

Price vs locality

₹30,000

/sqft · Lower Parel rate-band mid-point ₹82,500

64% below mid-point

Lower Parel — resale, rent & yield

Resale

₹63,000/sqft

median · 465 listings

Rent

₹241.9/sqft/mo

2 BHK ~₹125,000/mo

Gross yield

4.6%/yr

rent vs resale value

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

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

Property Rates ▸

Upcoming projects & infrastructure in Lower Parel

take an informed decision

6 MahaRERA projects are due to hand over in Lower Parel between 2027 and 2031; the nearest upcoming infrastructure to Orbit Terraces is the Worli-Sewri Connector, 0.4 km away (under construction · due 2026).

MahaRERA projects handing over in the next 5 years

in Lower Parel

₹59,500/sqft

typical asking price

steady this quarter

₹41,600/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 Lower Parel by possession year

2027

2028

2029

2030

2031

Supply is not evenly spread — one year carries about a third of it.

Metro & infrastructure near Orbit Terraces

🛣️Worli-Sewri ConnectorUnder construction · due 20260.4 km
🚇Line 11 GreenApproved1.2 km
🚇Line 3 AquaOpened 20251.5 km
🛣️Coastal Road (Phase 1)Opened 20241.8 km
🌉MTHL / Atal SetuOpened 20243.2 km

📜 4,191 registered transactions (IGR) on record in Lower Parel. 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!

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Questions about Lower Parel prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Lower Parel, then an advisor calls about your budget and configuration.

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

Orbit Terraces MahaRERA number and possession date

Possession (proposed)

Dec 2023

Possession (revised)

Dec 2023

MahaRERA No.

P51900013466

Data last updated

Oct 2026

Registered

2021-09-10

Escrow Bank

INDUSIND BANK

Architect

Nilesh K Kadakia

Total FSI

13,688

Orbit Terraces towers and phases

1 wing

ORBIT TERRACES · 59 fl · — u

Orbit Terraces address and location

📍 Orbit Terraces, Lower Parel

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Neighbourhood around Orbit Terraces

Orbit Terraces in Lower Parel is 1.1 km from Lower Parel metro station, 0.7 km from Prabhadevi railway station, 0.3 km from Kamaladevi Gobindram Tahiliani High School and 0.7 km from Laxmi Niwas General Hospital.

Ⓜ Metro stationLower Parel1.1 km
Ⓜ Metro stationWorli1.3 km
🚉 Railway stationPrabhadevi0.7 km
🏫 SchoolKamaladevi Gobindram Tahiliani High School0.3 km
🏫 SchoolHoly Cross High School0.3 km
🏥 HospitalLaxmi Niwas General Hospital0.7 km
🏥 HospitalMaru Hospital0.9 km
🎓 CollegeSasmira's Institute of Management Studies and Research1.4 km
🛍 MallSahkari Bhandar Mall1.7 km
🌳 ParkLinear Park by Lodha0.4 km

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

Construction progress

per MahaRERA

49%average

Foundation100%

Structure60%

Finishing5%

Services32%

See all 11 stages ▾

Basement (if any)100%

Excavation100%

Plinth100%

Podiums (if any)100%

Stilt Floor100%

Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …65%

Slabs of Super Structure60%

External plumbing and external plaster, elevation, completion of terr…15%

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

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

Sanitary Fittings within the flats / premises0%

Amenities declared to MahaRERA

Electrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Landscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water DrainsStreet Lighting

+3 more ▾

Treatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvesting

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.

30 brochure amenities

Members only · one-time WhatsApp code · no spam

Connectivity

Railway

20 min

Airport

45-60 min

Hospital

10 min

School

10 min

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Frequently Asked Questions

Where is Orbit Terraces located?

Orbit Terraces is on Senapati Bapat Marg, Lower Parel, Mumbai 400013.

What is the price of Orbit Terraces?

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

When is possession of Orbit Terraces?

As per MahaRERA, proposed possession is Dec 2023.

Is Orbit Terraces RERA-registered?

Yes — MahaRERA registration P51900013466, registered 2021-09-10.

How many units does Orbit Terraces have?

MahaRERA records 140 units across 1 building, up to 59 floors.

Who is the developer of Orbit Terraces?

Orbit Corp — 9 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Lower Parel?

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

What metro and infrastructure is near Orbit Terraces?

Worli-Sewri Connector — under construction · due 2026, 0.4 km away; Line 11 Green — approved, 1.2 km away; Line 3 Aqua — opened 2025, 1.5 km away; Coastal Road (Phase 1) — opened 2024, 1.8 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 Orbit Terraces from the nearest metro and railway station?

Orbit Terraces is about 1.1 km from Lower Parel metro station and 0.7 km from Prabhadevi railway station (straight-line distance; road distance is longer).