Naigaon East · Mumbai
Premier Elegance
Naigaon East · by Mahalaxmi Group of Companies (PREMEAR LANDMARK DEVELOPERS LLP)
Updated Oct 2026
🗺 View on map · schools, metro & distancesNaigaon EastPhotos from the project record · tap to enlarge
The story at a glance
At a glance
swipe →A first look at Premier Elegance
Premier Elegance is a residential project by Mahalaxmi Group of Companies in Naigaon East, Mumbai 401207. It is registered with MahaRERA under P99000033860 (registered 2023-07-26). The project has 140 units across 1 building of up to 17 floors. It offers 1 & 2 BHK homes with carpet areas of 410–515 sq ft, priced ₹38 Lac–₹51 Lac as on 09 Jul 2026 (indicative). The quoted rate is about ₹9,200 per sq ft. MahaRERA proposed possession: Jul 2027.
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 WhatsAppUnit configurations filed with MahaRERA (3)
About Premier Elegance
Location
Premier Elegance is located in Naigaon East, Mumbai 401207, in the Palghar district.
MahaRERA record
The MahaRERA registration number is P99000033860, issued on 26 July 2023. The registered promoter is Premear Landmark Developers LLP. The filing lists 1 wing: PREMIER ELEGANCE with 140 units over 17 floors. Per the registration, the architect on record is ABHAY RAUT and the project escrow account is with Indusind Bank.
Homes and prices
The price list covers 1 BHK of 410 sq ft at ₹38 Lac; 2 BHK of 515 sq ft at ₹51 Lac (carpet area), as on 09 Jul 2026. That works out to about ₹9,300–₹9,900 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 60%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Jul 2027.
Developer track record
Mahalaxmi Group of Companies has 13 projects tracked on Mumbai Property Exchange, 9 of them delivered (ready or sold out).
Buyer demand in Naigaon East
In the last 90 days, buyers and tenants registered 7 requirements for Naigaon East with Mumbai Property Exchange, 3 of them to buy and 3 specifically for 1 & 2 BHK homes.
Naigaon East market
prices, rents & ratesPrice vs locality
Property rates in Naigaon East
RERA record & possession
Buildings · 1 wing
140 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: 2 BHK · 515 sq ft at ₹51.0 L (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% (₹38.2 L here), released stage by stage, so your own money is about ₹12.8 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 ₹33,200/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
10+2 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.
Commercial Projects in Naigaon East
Compare PREMIER ELEGANCE with similarly priced projects nearby
MahaRERA projects nearby in Naigaon East
Frequently Asked Questions
Where is Premier Elegance located?
Premier Elegance is in Naigaon East, Mumbai 401207.
What is the price of Premier Elegance?
1 & 2 BHK homes are priced ₹38 Lac–₹51 Lac as on 09 Jul 2026, about ₹9,200 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Premier Elegance offer?
1 BHK – 410 sq ft carpet at ₹38 Lac; 2 BHK – 515 sq ft carpet at ₹51 Lac.
When is possession of Premier Elegance?
As per MahaRERA, proposed possession is Jul 2027.
Is Premier Elegance RERA-registered?
Yes — MahaRERA registration P99000033860, registered 2023-07-26.
How many units does Premier Elegance have?
MahaRERA records 140 units across 3 buildings, up to 17 floors.
Who is the developer of Premier Elegance?
Mahalaxmi Group of Companies (PREMEAR LANDMARK DEVELOPERS LLP) — 13 projects tracked on Mumbai Property Exchange. View their track record ▸
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.
