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SOLD OUTResale and rental stock live in this buildingMahaRERA P51900013466

Lower Parel · Mumbai

Orbit Terraces

Senapati Bapat Marg, Lower Parel · by Orbit Corp

Updated Oct 2026

140
Units
2023
Possession
1
Buildings
Certificate Signed
Status
SOLD OUT
Orbit Terraces is sold out by the developer.Resale and rental flats in this building are listed below.
See resale & lease in this building →

At a glance

swipe →
Area price trend
₹68,300/sq.ft
+13.1% since Q2 25 · asking rate for homes in Lower Parel
Who's looking
31 requests
People asked us for Lower Parel in the last 90 days — 12 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 — resale flats here are listed from ₹1.5 Cr. 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.

Resale and rental stock live in this building.

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

Unit configurations filed with MahaRERA (5)
ConfigurationCarpetIndicative Price
Rehab Units538 ft²₹1.61 Cr
1 BHK570 ft²₹1.71 Cr
2.5 BHK1,022 ft²₹3.07 Cr
3 BHK Duplex1,959 ft²₹5.88 Cr
4 BHK2,314 ft²₹6.94 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

Property listings in Orbit Terraces

For sale

Orbit Terraces floor plans

2
Orbit Terraces, Lower Parel — floor plan 1Orbit 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 407 recent resale listings on MPE, homes in Lower Parel have a median asking rate of ₹64,400 per sq ft, and a 2 BHK typically rents for about ₹1.22 Lac 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 31 requirements for Lower Parel with Mumbai Property Exchange, 12 of them to buy and 11 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

Price vs locality

₹30,000
/sqft · Lower Parel rate-band mid-point ₹82,500
64% below mid-point

Lower Parel — resale, rent & yield

Resale
₹64,400/sqft
median · 407 listings
Rent
₹240.7/sqft/mo
2 BHK ~₹122,000/mo
Gross yield
4.5%/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

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).

6
MahaRERA projects handing over in the next 5 years
in Lower Parel
₹59,900/sqft▲
typical asking price
rising this quarter
₹29,500/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Lower Parel by possession year
1
2027
2
2028
1
2029
1
2030
1
2031

Supply is not evenly spread — one year carries almost half 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!
Ask for registered transactions ›
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.

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

RERA record & possession

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

Buildings · 1 wing

ORBIT TERRACES · 59 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
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

22
CC CameraAluminium Sliding WindowsConcealed WiringJaguar/Imported FittingsPiped GasIntercomDuplexes with double height terracesItalian marble flooring
+14 more ▾
grohe bathroom fittingsStainless Steel water supply pipes to…Cable TV with Intercom along with CC …6 High speed passenger elevators incl…Seven Star Fitness Centre with Swimmi…Indoor sports and Children play areaHigh performance energy saving soundp…Multi-level car parking with 4 automa…High end security and access control …Seismic Resistance DesignExquisitely designed grand entrance lobbyLandscaped open air garden on Podium LevelEnhanced structural safety against ea…Power back up system for all common a…

Connectivity

Railway
20 min
Airport
45-60 min
Hospital
10 min
School
10 min

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 Lower Parel

4

Flats for Rent in Lower Parel

4

Commercial for Sale in Lower Parel

1

Commercial for Lease in Lower Parel

2

Commercial Projects in Lower Parel

MahaRERA projects nearby in Lower Parel

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 — resale flats here are listed from ₹1.5 Cr. These are current asking prices from live listings on MPE.

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 11 buildings, 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.

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 2026-10-01). 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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