Santacruz East · Mumbai
Prabhat Residency
Road no.11, Opp. Santacruz Gymkhana, Santacruz East · by Prabhat Developers (Hirji Morarji Shah)
Updated Oct 2026
Santacruz EastPhotos from the project record · tap to enlarge
A first look at Prabhat Residency
Prabhat Residency is a residential project on Road no.11, Opp. Santacruz Gymkhana, Santacruz East, Mumbai 400055. It is registered with MahaRERA under P51800048071 (registered 2024-04-24). Prabhat Residency is sold out by the developer — resale flats here are listed from ₹1.7 Cr. The project has 103 units across 1 building of up to 17 floors. It offers 1 BHK homes with carpet areas of 427 sq ft. MahaRERA proposed possession: Dec 2025.
1 for sale in this building right now, listed below.
Unit configurations filed with MahaRERA (1)
Property listings in Prabhat Residency
Prabhat Residency floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Prabhat Residency
Location
Prabhat Residency is located on Road no.11, Opp. Santacruz Gymkhana, 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 P51800048071, issued on 24 April 2024. The registered promoter is Hirji Morarji Shah. The filing lists 1 wing: PRABHAT RESIDENCY with 103 units over 17 floors. Per the registration, the architect on record is Vijay Goradia and the project escrow account is with Union Bank Of India.
Homes and prices
Configurations recorded are 1 BHK of 427 sq ft at ₹1.65 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹38,600 per sq ft of carpet, in line with the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.
Construction and possession
The latest MahaRERA progress report shows foundation at 80%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Dec 2025.
Developer track record
Prabhat Developers has 2 projects tracked on Mumbai Property Exchange, 2 of them delivered (ready or sold out).
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 3 specifically for 1 BHK homes.
Developer's description ▾
Santacruz East market
prices, rents & ratesPrice vs locality
Santacruz East — resale, rent & yield
This project is quoted around ₹38,641/sqft — 2% above 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 · 1 wing
103 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: 1 BHK · 427 sq ft at ₹1.65 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% (₹1.24 Cr here), released stage by stage, so your own money is about ₹41.2 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 ₹1.07 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.
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💬 Ask about resale or rental optionsResale Flats for Sale in Santacruz East
4
Flats for Rent in Santacruz East
4Commercial for Sale in Santacruz East
1
Commercial Projects in Santacruz East
MahaRERA projects nearby in Santacruz East
Frequently Asked Questions
Where is Prabhat Residency located?
Prabhat Residency is on Road no.11, Opp. Santacruz Gymkhana, Santacruz East, Mumbai 400055.
What is the price of Prabhat Residency?
Prabhat Residency is sold out by the developer — resale flats here are listed from ₹1.7 Cr. These are current asking prices from live listings on MPE.
What configurations and carpet areas does Prabhat Residency offer?
1 BHK – 427 sq ft carpet.
When is possession of Prabhat Residency?
As per MahaRERA, proposed possession is Dec 2025.
Is Prabhat Residency RERA-registered?
Yes — MahaRERA registration P51800048071, registered 2024-04-24.
How many units does Prabhat Residency have?
MahaRERA records 103 units across 3 buildings, up to 17 floors.
Who is the developer of Prabhat Residency?
Prabhat Developers (Hirji Morarji Shah) — 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.
