Andheri West · Mumbai
Poonam Polaris
Andheri West · by Poonam Group
Registered project name
PolarisUpdated Oct 2026
Andheri WestPhotos from the project record · tap to enlarge
A first look at Poonam Polaris
Poonam Polaris is a residential project in Andheri West, Mumbai. It is registered with MahaRERA under PM1180002600366 (registered 2026-05-07). The project has 18 units across 1 building of up to 21 floors. It offers 2 & 3 BHK homes with carpet areas of 733–940 sq ft, priced ₹2.76 Cr–₹3.76 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹40,000 per sq ft. MahaRERA proposed possession: Oct 2031, revised to Jun 2031.
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 WhatsAppPoonam Polaris floor plans
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Floor plans are indicative, as shared by the developer, and subject to change.
About Poonam Polaris
Location
The project is in Andheri West, Mumbai, in the Mumbai Suburban district. Across 2629 recent resale listings on MPE, homes in Andheri West have a median asking rate of ₹42,000 per sq ft, and a 2 BHK typically rents for about ₹1 Lac a month.
MahaRERA record
Poonam Polaris is registered with MahaRERA under PM1180002600366, dated 7 May 2026. The registered promoter is Poonam Developers LLP. The filing lists 2 wings: A Wing with 9 units over 21 floors; B Wing with 9 units over 21 floors.
Homes and prices
Homes on offer are 2 BHK of 733 sq ft at ₹2.76 Cr; 3 BHK of 940 sq ft at ₹3.76 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹37,700–₹40,000 per sq ft of carpet, 5% 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 Oct 2031, revised to Jun 2031.
Developer track record
Poonam Group has 13 projects tracked on Mumbai Property Exchange, 11 of them delivered (ready or sold out). Other projects by the same developer include Sky City, Poonam Vista, Poonam Park View.
Buyer demand in Andheri West
In the last 90 days, buyers and tenants registered 182 requirements for Andheri West with Mumbai Property Exchange, 78 of them to buy and 92 specifically for 2 & 3 BHK homes.
Andheri West market
prices, rents & ratesPrice vs locality
Andheri West — resale, rent & yield
This project is quoted around ₹40,000/sqft — 5% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Andheri West
Upcoming projects & infrastructure in Andheri West
take an informed decision121 MahaRERA projects are due to hand over in Andheri West between 2026 and 2030; the nearest upcoming infrastructure to Poonam Polaris is the Line 6 Pink, 1.0 km away (under construction · due 2027).
Supply is not evenly spread — one year carries about a third of it.
- 🚇Line 6 PinkUnder construction · due 20271.0 km
- 🚇Line 2B YellowOpened 20261.0 km
- 🌉Versova-Bandra Sea LinkUnder construction · due 20281.4 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Andheri 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.
RERA record & possession
Buildings · 2 wings
18 unitsLocation
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: 3 BHK · 940 sq ft at ₹3.76 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% (₹2.82 Cr here), released stage by stage, so your own money is about ₹94.0 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 ₹2.45 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 advisorAmenities
23+15 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.
Resale Flats for Sale in Andheri West
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Flats for Rent in Andheri West
4
Commercial for Sale in Andheri West
2
Commercial for Lease in Andheri West
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Commercial Projects in Andheri West
More by Poonam Group
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Frequently Asked Questions
Where is Poonam Polaris located?
Poonam Polaris is in Andheri West, Mumbai.
What is the price of Poonam Polaris?
2 & 3 BHK homes are priced ₹2.76 Cr–₹3.76 Cr as on 09 Jul 2026, about ₹40,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Poonam Polaris offer?
2 BHK – 733 sq ft carpet at ₹2.76 Cr; 3 BHK – 940 sq ft carpet at ₹3.76 Cr.
When is possession of Poonam Polaris?
As per MahaRERA, proposed possession is Oct 2031, revised to Jun 2031.
Is Poonam Polaris RERA-registered?
Yes — MahaRERA registration PM1180002600366, registered 2026-05-07.
How many units does Poonam Polaris have?
MahaRERA records 18 units across 92 buildings, up to 21 floors.
Who is the developer of Poonam Polaris?
Poonam Group — 13 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Andheri West?
121 MahaRERA-registered projects in Andheri West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Poonam Polaris?
Line 6 Pink — under construction · due 2027, 1.0 km away; Line 2B Yellow — opened 2026, 1.0 km away; Versova-Bandra Sea Link — under construction · due 2028, 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.
