Peninsula Residency
Peninsula Residency is a residential project by Parikh Group in Virar, Mumbai 401303. It is registered with MahaRERA under P99000029866 (registered 2021-07-12). The project has 119 units across 2 buildings of up to 14 floors. It offers 1 BHK homes with carpet areas of 426 sq ft, priced ₹44 Lac as on 09 Jul 2026 (indicative). The quoted rate is about ₹10,300 per sq ft. MahaRERA proposed possession: Mar 2023.
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.
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Peninsula Residency floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
Next steps
About Peninsula Residency
Location
Peninsula Residency is located in Virar, Mumbai 401303, in the Palghar district.
MahaRERA record
The MahaRERA registration number is P99000029866, issued on 12 July 2021. The registered promoter is Prieska Real Estates Pvt. Ltd.. The filing lists 2 wings: PENINSULA RESIDENCY WING A over 14 floors; PENINSULA RESIDENCY WING B over 14 floors. Per the registration, the architect on record is Sanjay Narang and the project escrow account is with ICICI Bank Ltd. The current MahaRERA source record reports no litigations.
Homes and prices
Homes on offer are 1 BHK of 426 sq ft at ₹44 Lac (carpet area), as on 09 Jul 2026. That works out to about ₹10,300 per sq ft of carpet. 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 Mar 2023.
Developer track record
Parikh Group has 7 projects tracked on Mumbai Property Exchange, 6 of them delivered (ready or sold out).
Buyer demand in Virar
In the last 90 days, buyers and tenants registered 8 requirements for Virar with Mumbai Property Exchange, 2 of them to buy and 3 specifically for 1 BHK homes.
Developer's description ▾
Price vs Locality
Upcoming projects & infrastructure in Virar
take an informed decision60 MahaRERA projects are due to hand over in Virar between 2026 and 2030; the nearest upcoming infrastructure to Peninsula Residency is the Line 13 (Shivaji Chowk-Virar), 1.2 km away (approved).
Supply is not evenly spread — one year carries about a third of it.
- 🚇Line 13 (Shivaji Chowk-Virar)Approved1.2 km
- 🚄Mumbai-Ahmedabad Bullet TrainUnder construction · due 20291.2 km
- 🛣️Virar-Alibaug Multimodal CorridorApproved1.4 km
🔒 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.
Virar — resale, rent & yield
From MPE live listings, last 18 months · Mumbai price index ›
Unit Configurations (per MahaRERA)
RERA record & possession
Buildings · 2 wings
Location
Construction progress
per MahaRERASee all 11 stages ▾
Amenities
15+7 more ▾
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💬 Ask about resale or rental optionsVirar market context
Property Rates in Virar
Resale Flats for Sale in Virar
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MahaRERA projects nearby in Virar
Frequently Asked Questions
Where is Peninsula Residency located?
Peninsula Residency is in Virar, Mumbai 401303.
What is the price of Peninsula Residency?
1 BHK homes are priced ₹44 Lac as on 09 Jul 2026, about ₹10,300 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Peninsula Residency offer?
1 BHK – 426 sq ft carpet at ₹44 Lac.
When is possession of Peninsula Residency?
As per MahaRERA, proposed possession is Mar 2023.
Is Peninsula Residency RERA-registered?
Yes — MahaRERA registration P99000029866, registered 2021-07-12. The current MahaRERA source record reports no litigations.
How many units does Peninsula Residency have?
MahaRERA records 119 units across 3 buildings, up to 14 floors.
Who is the developer of Peninsula Residency?
Parikh Group (PRIESKA REAL ESTATES PVT. LTD.) — 7 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Virar?
60 MahaRERA-registered projects in Virar are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Peninsula Residency?
Line 13 (Shivaji Chowk-Virar) — approved, 1.2 km away; Mumbai-Ahmedabad Bullet Train — under construction · due 2029, 1.2 km away; Virar-Alibaug Multimodal Corridor — approved, 1.4 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.
