Updated Nov 2026
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Praneeta Heights price check and key numbers
swipe →- Borivali-Thane Tunnel3.3 km
A first look at Praneeta Heights
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 73 units across 1 building of up to 23 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.
Ask an advisor to verify current developer inventory and price.
Praneeta Heights price list
Approximate figures, to help you understand what a home here would cost. Not a quote — the developer confirms the final price.
Some projects run developer payment schemes — such as 20:80 or subvention plans, flexi payment or launch offers — that change what you pay and when. Ask us which schemes apply →
Last price update: 09 Jul 2026. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them. We can come back to you with the latest price.
Stamp duty, GST and loan figures are estimates for planning, not an offer. All other charges levied by the developer — society formation, share money and membership, legal charges, clubhouse and amenities, advance (ad hoc) maintenance, property taxes and similar — are extra.
Ask for the latest priceAreas filed by the developer in MahaRERA (9)
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 73 units over 23 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. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them.
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 3 projects tracked on Mumbai Property Exchange. Other projects by the same developer include Skylark Heights, Gaurav Galaxy.
Buyer demand in Borivali
In the last 90 days, buyers and tenants registered 22 requirements for Borivali with Mumbai Property Exchange, 9 of them to buy and 9 specifically for 1 & 2 BHK homes.
Borivali market
prices, rents & ratesPrice vs locality
Property rates in Borivali
Upcoming projects & infrastructure in Borivali
take an informed decision2 MahaRERA projects are due to hand over in Borivali between 2027 and 2031; the nearest upcoming infrastructure to Praneeta Heights is the Borivali-Thane Tunnel, 3.3 km away (under construction · due 2028).
Supply is not evenly spread — one year carries almost half of it.
- 🚇Borivali-Thane TunnelUnder construction · due 20283.3 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Borivali, 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.
Praneeta Heights MahaRERA number and possession date
Praneeta Heights towers and phases
1 wing · 73 unitsPraneeta Heights address and location
Neighbourhood around Praneeta Heights
Praneeta Heights in Borivali is 1.3 km from Borivali (West) metro station, 3.0 km from Borivali railway station, 0.1 km from Suvidya High school and 0.4 km from Mangal Murti Hospital and Polyclinic.
- Ⓜ Metro stationBorivali (West)1.3 km
- Ⓜ Metro stationShimpoli1.5 km
- 🚉 Railway stationBorivali3.0 km
- 🏫 SchoolSuvidya High school0.1 km
- 🏫 Schoolst rocks school0.3 km
- 🏥 HospitalMangal Murti Hospital and Polyclinic0.4 km
- 🏥 HospitalSaraswati Hospital(Kandivali)1.1 km
- 🎓 CollegeGokhale College0.9 km
- 🛍 MallUtopia Garden Grove Mall1.4 km
- 🌳 Parktripitch ground0.2 km
Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →
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: 2 BHK · 747 sq ft at ₹2.10 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% (₹1.57 Cr here), released stage by stage, so your own money is about ₹52.5 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 ₹1.37 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 declared to MahaRERA
8Members' lens
The developer's full amenity list, views and home features
From the builder's brochure and the homes we have listed here. The list above is what was declared to MahaRERA.
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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 Borivali
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Flats for Rent in Borivali
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Commercial for Sale in Borivali
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Commercial for Lease in Borivali
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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. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them.
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 73 units across 1 building, up to 23 floors.
Who is the developer of Praneeta Heights?
Multi Space Dveelopers Pvt Ltd. — 3 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Borivali?
2 MahaRERA-registered projects in Borivali are due for possession between 2027 and 2031, 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.
How far is Praneeta Heights from the nearest metro and railway station?
Praneeta Heights is about 1.3 km from Borivali (West) metro station and 3.0 km from Borivali railway station (straight-line distance; road distance is longer).
