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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
P
Praneeta Heights, Borivali
✓ MahaRERA P51800055133

Praneeta Heights

📍 Borivali, Mumbai Suburban · 400092
🕒 Last updated Sep 2026

Praneeta Heights is a residential project by Multi Space Dveelopers Pvt Ltd. in Borivali, Mumbai 400092. It is registered with MahaRERA under P51800055133 (registered 2024-03-05). The project has 72 units across 1 building of up to 17 floors. It offers 1 & 2 BHK homes with carpet areas of 493–747 sq ft, priced ₹1.31 Cr–₹2.1 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹26,500 per sq ft. MahaRERA proposed possession: Dec 2027.

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Availability & Pricing

TypeCarpetPriceAvail
1 BHK493 ft²₹1.31 Cr
2 BHK747 ft²₹2.1 Cr

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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72
Units
2027
Possession
1
Buildings
Certificate Signed
Status
Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

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, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

About Praneeta Heights

Location

Praneeta Heights is located in Borivali, Mumbai 400092, in the Mumbai Suburban district.

MahaRERA record

The MahaRERA registration number is P51800055133, issued on 5 March 2024. The registered promoter is Multi Space Developers Private Limited. The filing lists 1 wing: PRANEETA HEIGHTS with 72 units over 17 floors. Per the registration, the architect on record is HRISHIKESH CHANDGUDE and the project escrow account is with ICICI Bank Ltd.

Homes and prices

The price list covers 1 BHK of 493 sq ft at ₹1.31 Cr; 2 BHK of 747 sq ft at ₹2.1 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹26,600–₹28,100 per sq ft of carpet. 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 2027.

Developer track record

Multi Space Dveelopers Pvt Ltd. has 5 projects tracked on Mumbai Property Exchange, 1 of them delivered (ready or sold out). Other projects by the same developer include Skylark Heights, Autograph Residency, Gaurav Galaxy.

Buyer demand in Borivali

In the last 90 days, buyers and tenants registered 29 requirements for Borivali with Mumbai Property Exchange, 7 of them to buy and 9 specifically for 1 & 2 BHK homes.

Price vs Locality

₹26,500
/sqft · Borivali rate-band mid-point ₹40,000
34% below mid-point

Upcoming projects & infrastructure in Borivali West

take an informed decision

101 MahaRERA projects are due to hand over in Borivali West between 2026 and 2030; the nearest upcoming infrastructure to Praneeta Heights is the Borivali-Thane Tunnel, 3.3 km away (under construction · due 2028).

101
MahaRERA projects handing over in the next 5 years
in Borivali West
₹33,500/sqft
typical asking price
rising this quarter
₹15,300/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Borivali West by possession year
2
2026
21
2027
29
2028
29
2029
20
2030

Supply is not evenly spread — one year carries about a third of it.

Metro & infrastructure near Praneeta Heights
In the full Borivali West report

🔒 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.

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
1 RK Sale326–366 ft²₹86 L–₹97 L
1 BHK Existing Member493 ft²₹1.31 Cr
1 BHK Sale493–547 ft²₹1.31 Cr–₹1.45 Cr
2 BHK Sale685–747 ft²₹1.82 Cr–₹1.98 Cr
2 BHK Existing Member632–747 ft²₹1.67 Cr–₹1.98 Cr
Day Care818 ft²₹2.17 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Dec 2027
Project status
New
MahaRERA No.
P51800055133
Data last updated
Sep 2026
Registered
2024-03-05
Escrow Bank
ICICI BANK LIMITED
Architect
HRISHIKESH CHANDGUDE
Total FSI
6,217

Buildings · 1 wing

72 units
PRANEETA HEIGHTS · 17 fl · 72 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation80%
Structure100%
Finishing100%
Services100%
See all 11 stages ▾
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Podiums (if any)100%
Sanitary Fittings within the flats / premises100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%
Basement (if any)0%

Amenities

8
Electrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Sewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water DrainsWater SupplyWater conservation /Rain water harvesting

Talk to our MahaRERA advisor

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Borivali market context

Property Rates in Borivali

Residential · Sale
₹30,000–50,000/sqft
Commercial · Sale
₹30,000–45,000/sqft
2 BHK · Rent
₹65,000–90,000/mo

Resale Flats for Sale in Borivali

4

Flats for Rent in Borivali

4

Commercial for Sale in Borivali

2

Commercial for Lease in Borivali

3

Commercial Projects in Borivali

More by Multi Space Dveelopers Pvt Ltd.

Compare Praneeta Heights with similarly priced projects nearby

MahaRERA projects nearby in Borivali

Frequently Asked Questions

Where is Praneeta Heights located?

Praneeta Heights is in Borivali, Mumbai 400092.

What is the price of Praneeta Heights?

1 & 2 BHK homes are priced ₹1.31 Cr–₹2.1 Cr as on 09 Jul 2026, about ₹26,500 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Praneeta Heights offer?

1 BHK – 493 sq ft carpet at ₹1.31 Cr; 2 BHK – 747 sq ft carpet at ₹2.1 Cr.

When is possession of Praneeta Heights?

As per MahaRERA, proposed possession is Dec 2027.

Is Praneeta Heights RERA-registered?

Yes — MahaRERA registration P51800055133, registered 2024-03-05.

How many units does Praneeta Heights have?

MahaRERA records 72 units across 9 buildings, up to 17 floors.

Who is the developer of Praneeta Heights?

Multi Space Dveelopers Pvt Ltd. — 5 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Borivali West?

101 MahaRERA-registered projects in Borivali West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Praneeta Heights?

Borivali-Thane Tunnel — under construction · due 2028, 3.3 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 2026-09-13). 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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