Santacruz East · Mumbai
Paradise Palace
Nehru Road, Siddharath Nagar, Vakola, Santacruz East · by True Life Space
Updated Oct 2026
Santacruz EastPhotos from the project record · tap to enlarge
A first look at Paradise Palace
Paradise Palace is a residential project by True Life Space on Nehru Road, Siddharath Nagar, Vakola, Santacruz East, Mumbai 400055. It is registered with MahaRERA under P51800054368 (registered 2024-01-17). The project has 27 units across 2 buildings of up to 2 floors. It offers 1 & 2 BHK homes with carpet areas of 305–484 sq ft, priced ₹1 Cr–₹1.59 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹32,700 per sq ft. MahaRERA proposed possession: Apr 2027.
Ask an advisor to verify current developer inventory and price.
Availability & Pricing
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 WhatsAppUnit configurations filed with MahaRERA (5)
About Paradise Palace
Location
The address of Paradise Palace is Nehru Road, Siddharath Nagar, Vakola, Santacruz East, Mumbai 400055, in the Mumbai Suburban district. Across 38 recent resale listings on MPE, homes in Santacruz East have a median asking rate of ₹37,800 per sq ft.
MahaRERA record
The MahaRERA registration number is P51800054368, issued on 17 January 2024. The filing lists 2 wings: Paradise Palace A Wing over 2 floors; Paradise Palace B Wing over 2 floors. Per the registration, the architect on record is Allied Associates and the project escrow account is with IDBI Bank.
Homes and prices
The price list covers 1 BHK of 305–404 sq ft at ₹1 Cr–₹1.32 Cr; 2 BHK of 484 sq ft at ₹1.59 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹32,700–₹32,900 per sq ft of carpet, 13% below the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.
Construction and possession
MahaRERA progress reports show construction has not started yet on any of the 11 tracked stages. Proposed possession is Apr 2027.
Developer track record
True Life Space has 2 projects tracked on Mumbai Property Exchange. Other projects by the same developer include Truearth Vedaa.
Buyer demand in Santacruz East
In the last 90 days, buyers and tenants registered 14 requirements for Santacruz East with Mumbai Property Exchange, 1 of them to buy and 4 specifically for 1 & 2 BHK homes.
Santacruz East market
prices, rents & ratesPrice vs locality
Santacruz East — resale, rent & yield
This project is quoted around ₹32,700/sqft — 13% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Santacruz East
Upcoming projects & infrastructure in Santacruz East
take an informed decision59 MahaRERA projects are due to hand over in Santacruz East between 2026 and 2030.
Supply is not evenly spread — one year carries about a third of it.
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Santacruz East, 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
Buildings · 2 wings
Location
Construction progress
per MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis 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: 1 BHK · 404 sq ft at ₹1.32 Cr (the price recorded above).
- ○ 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% (₹99.0 L here), released stage by stage, so your own money is about ₹33.0 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 ₹85,900/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 advisorAmenities
19+11 more ▾
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 (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.
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Frequently Asked Questions
Where is Paradise Palace located?
Paradise Palace is on Nehru Road, Siddharath Nagar, Vakola, Santacruz East, Mumbai 400055.
What is the price of Paradise Palace?
1 & 2 BHK homes are priced ₹1 Cr–₹1.59 Cr as on 09 Jul 2026, about ₹32,700 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Paradise Palace offer?
1 BHK – 305 sq ft carpet at ₹1 Cr; 1 BHK – 404 sq ft carpet at ₹1.32 Cr; 2 BHK – 484 sq ft carpet at ₹1.59 Cr.
When is possession of Paradise Palace?
As per MahaRERA, proposed possession is Apr 2027.
Is Paradise Palace RERA-registered?
Yes — MahaRERA registration P51800054368, registered 2024-01-17.
How many units does Paradise Palace have?
MahaRERA records 27 units across 4 buildings, up to 2 floors.
Who is the developer of Paradise Palace?
True Life Space — 2 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Santacruz East?
59 MahaRERA-registered projects in Santacruz East are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines 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.
