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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
P
Puneet Shivalaya, Vikhroli
✓ MahaRERA P51800029659

Puneet Shivalaya

📍 Vikhroli, Mumbai Suburban · 400083
🕒 Last updated Sep 2026

Puneet Shivalaya is a residential project in Vikhroli, Mumbai 400083. It is registered with MahaRERA under P51800029659 (registered 2025-08-21). The project has 159 units across 2 buildings of up to 25 floors. It offers 1 & 2 BHK homes with carpet areas of 379–541 sq ft, priced ₹82.07 Lac–₹1.16 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹21,600 per sq ft. MahaRERA proposed possession: Dec 2025.

Register interest · number only
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Availability & Pricing

TypeCarpetPriceAvail
1 BHK379 ft²₹82.07 Lac
1½ BHK436 ft²₹94.3 Lac
1½ BHK449 ft²₹97.08 Lac
2 BHK541 ft²₹1.16 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.

💬 Request latest price on WhatsApp
159
Units
2025
Possession
2
Buildings
Certificate Signed
Status
Resale and rental stock live in this building.

1 for sale in this building right now, listed below.

Available now in Puneet Shivalaya

1 for sale · 0 for rent · our live listings, dated and reconfirmed on WhatsApp

For sale

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 Puneet Shivalaya

Location

Puneet Shivalaya is located in Vikhroli, Mumbai 400083, in the Mumbai Suburban district. Across 12 recent resale listings on MPE, homes in Vikhroli have a median asking rate of ₹28,535 per sq ft, and a 2 BHK typically rents for about ₹1 Lac a month.

MahaRERA record

The MahaRERA registration number is P51800029659, issued on 21 August 2025. The registered promoter is Puneet Edifice Pvt. Ltd.. The filing lists 2 wings: PUNEET SHIVALAYA A WING with 107 units over 25 floors; PUNEET SHIVALAYA B WING with 52 units over 25 floors. Per the registration, the architect on record is Subhash Patil and Associates and the project escrow account is with HDFC Bank.

Homes and prices

Homes on offer are 1 BHK of 379 sq ft at ₹82.07 Lac; 1½ BHK of 436–449 sq ft at ₹94.3 Lac–₹97.08 Lac; 2 BHK of 541 sq ft at ₹1.16 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹21,400–₹21,700 per sq ft of carpet, 24% below 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

Puneet Group has 7 projects tracked on Mumbai Property Exchange, 4 of them delivered (ready or sold out). Other projects by the same developer include Puneet Prime, Puneet Kalpavriksha, Puneet Amarjyoti.

Buyer demand in Vikhroli

In the last 90 days, buyers and tenants registered 9 requirements for Vikhroli with Mumbai Property Exchange, 3 of them to buy and 5 specifically for 1 & 2 BHK homes.

Developer's description ▾
Step into the serene realm of Shivalaya, a G +23 luxury project featuring 1, 1.5, and 2 BHK homes for an unparalleled blend of excellence and comfort. Enjoy best-in-class amenities, including decorative entrance lobbies and high-speed lifts in each wing. Conveniently located near Powai, this Stilt +23 storey marvel ensures a quality lifestyle. Walk to Vikhroli Railway Station, stay connected to Powai, and access major routes within minutes. RERA registered, with loans available from leading banks. Elevate your living standard with Shivalaya's modern amenities and prime location.

Price vs Locality

₹21,586
/sqft · Vikhroli rate-band mid-point ₹37,500
42% below mid-point

Upcoming projects & infrastructure in Vikhroli

take an informed decision

13 MahaRERA projects are due to hand over in Vikhroli between 2027 and 2031; the nearest upcoming infrastructure to Puneet Shivalaya is the Line 6 Pink, 0.8 km away (under construction · due 2027).

13
MahaRERA projects handing over in the next 5 years
in Vikhroli
₹33,600/sqft
typical asking price
easing this quarter
₹14,000/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Vikhroli by possession year
2
2027
3
2028
2
2029
3
2030
3
2031

Supply is not evenly spread — one year carries almost half of it.

Metro & infrastructure near Puneet Shivalaya
In the full Vikhroli 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.

Vikhroli — resale, rent & yield

Resale
₹28,535/sqft
median · 12 listings
Rent
₹109.4/sqft/mo
2 BHK ~₹100,000/mo
Gross yield
4.6%/yr
rent vs resale value

This project is quoted around ₹21,586/sqft24% below resale here.

From MPE live listings, last 18 months · Mumbai price index ›

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
1 BHK379–418 ft²₹82 L–₹90 L
1.5 BHK436–463 ft²₹94 L–₹100 L
2 BHK536–640 ft²₹1.16 Cr–₹1.38 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 2025
Project status
New
MahaRERA No.
P51800029659
Data last updated
Sep 2026
Registered
2025-08-21
Escrow Bank
HDFC BANK
Architect
Subhash Patil and Associates
Total FSI
9,434

Buildings · 2 wings

159 units
PUNEET SHIVALAYA A WING · 25 fl · 107 u
PUNEET SHIVALAYA B WING · 25 fl · 52 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation80%
Structure100%
Finishing100%
Services100%
See all 11 stages ▾
Basement (if any)100%
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%
Sanitary Fittings within the flats / premises100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%
Podiums (if any)0%

Amenities

7
Electrical meter room, sub-station, r…Fire protection and fire safety requi…Landscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Storm Water DrainsWater SupplyWater conservation /Rain water harvesting

Talk to our MahaRERA advisor

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Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

Vikhroli market context

Property Rates in Vikhroli

Residential · Sale
₹30,000–45,000/sqft
Commercial · Sale
₹20,000–45,000/sqft
2 BHK · Rent
₹50,000–180,000/mo

Resale Flats for Sale in Vikhroli

4

Flats for Rent in Vikhroli

4

Commercial for Lease in Vikhroli

1

Commercial Projects in Vikhroli

More by Puneet Group

MahaRERA projects nearby in Vikhroli

Frequently Asked Questions

Where is Puneet Shivalaya located?

Puneet Shivalaya is in Vikhroli, Mumbai 400083.

What is the price of Puneet Shivalaya?

1 & 2 BHK homes are priced ₹82.07 Lac–₹1.16 Cr as on 09 Jul 2026, about ₹21,600 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Puneet Shivalaya offer?

1 BHK – 379 sq ft carpet at ₹82.07 Lac; 1½ BHK – 436 sq ft carpet at ₹94.3 Lac; 1½ BHK – 449 sq ft carpet at ₹97.08 Lac; 2 BHK – 541 sq ft carpet at ₹1.16 Cr.

When is possession of Puneet Shivalaya?

As per MahaRERA, proposed possession is Dec 2025.

Is Puneet Shivalaya RERA-registered?

Yes — MahaRERA registration P51800029659, registered 2025-08-21.

How many units does Puneet Shivalaya have?

MahaRERA records 159 units across 5 buildings, up to 25 floors.

Who is the developer of Puneet Shivalaya?

Puneet Group — 7 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Vikhroli?

13 MahaRERA-registered projects in Vikhroli are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Puneet Shivalaya?

Line 6 Pink — under construction · due 2027, 0.8 km away; Line 4 Green — under construction · due 2027, 0.9 km away; Line 14 (Kanjurmarg-Badlapur/Ambernath) — approved, 1.9 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.
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SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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