Mahalaxmi · Mumbai
Raheja Modern Vivarea South
Sane Guruji Marg, RTO Colony, Mahalaxmi · by K Raheja Corp
Registered project name
Raheja Modern Vivarea South TowerUpdated Oct 2026
MahalaxmiPhotos from the project record · tap to enlarge
A first look at Raheja Modern Vivarea South
Raheja Modern Vivarea South is a residential project on Sane Guruji Marg, RTO Colony, Mahalaxmi, Mumbai 400011. It is registered with MahaRERA under P51900034288 (registered 2024-04-04). The project has 152 units across 1 building of up to 53 floors. It offers 3 & 4 BHK homes with carpet areas of 1,740–2,259 sq ft, priced ₹19.14 Cr–₹24.85 Cr as on 06 Oct 2026 (indicative). The quoted rate is about ₹110,000 per sq ft. MahaRERA proposed possession: Jan 2029.
Ask an advisor to verify current developer inventory and price.
Other wings & phases: Raheja Modern Vivarea North Tower
Availability & Pricing
Prices as on 06 Oct 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)
Raheja Modern Vivarea South floor plans
1
Floor plans are indicative, as shared by the developer, and subject to change.
About Raheja Modern Vivarea South
Location
Raheja Modern Vivarea South is located on Sane Guruji Marg, RTO Colony, Mahalaxmi (Mumbai 400011). Across 52 recent resale listings on MPE, homes in Mahalaxmi have a median asking rate of ₹60,357 per sq ft, and a 2 BHK typically rents for about ₹1.85 Lac a month.
MahaRERA record
Raheja Modern Vivarea South is registered with MahaRERA under P51900034288, dated 4 April 2024. The registered promoter is K Raheja Corp Real Estate Private Limited. The filing lists 1 wing: Raheja Modern Vivarea South Tower with 152 units over 53 floors. According to MahaRERA, the architect on record is Barai Architects and the project escrow account is with HDFC Bank.
Homes and prices
Configurations recorded are 3 BHK of 1,740 sq ft at ₹19.14 Cr; 4 BHK of 2,259 sq ft at ₹24.85 Cr (carpet area), as on 06 Oct 2026. That works out to about ₹110,000 per sq ft of carpet, 82% above 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 100%, structure at 100%, finishing at 52%, services at 74%. Proposed possession is Jan 2029.
Developer track record
K Raheja Corp has 1591 projects tracked on Mumbai Property Exchange, 1329 of them delivered (ready or sold out). Other projects by the same developer include Kanakia Privaasa, Brahma, Arkade Sapphire.
Buyer demand in Mahalaxmi
In the last 90 days, buyers and tenants registered 21 requirements for Mahalaxmi with Mumbai Property Exchange, 6 of them to buy and 4 specifically for 3 & 4 BHK homes.
Developer's description ▾
Mahalaxmi market
prices, rents & ratesPrice vs locality
Mahalaxmi — resale, rent & yield
This project is quoted around ₹110,000/sqft — 82% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Mahalaxmi
Upcoming projects & infrastructure in Mahalaxmi
take an informed decision7 MahaRERA projects are due to hand over in Mahalaxmi between 2027 and 2031.
🔒 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.
RERA record & possession
Buildings · 1 wing
152 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: 4 BHK · 2259 sq ft at ₹24.85 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% (₹18.64 Cr here), released stage by stage, so your own money is about ₹6.21 Cr plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹16.17 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
22+14 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.
Resale Flats for Sale in Mahalaxmi
4
Flats for Rent in Mahalaxmi
4
Commercial for Sale in Mahalaxmi
1
Commercial for Lease in Mahalaxmi
2
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Frequently Asked Questions
Where is Raheja Modern Vivarea South located?
Raheja Modern Vivarea South is on Sane Guruji Marg, RTO Colony, Mahalaxmi, Mumbai 400011.
What is the price of Raheja Modern Vivarea South?
3 & 4 BHK homes are priced ₹19.14 Cr–₹24.85 Cr as on 06 Oct 2026, about ₹110,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Raheja Modern Vivarea South offer?
3 BHK – 1,740 sq ft carpet at ₹19.14 Cr; 4 BHK – 2,259 sq ft carpet at ₹24.85 Cr.
When is possession of Raheja Modern Vivarea South?
As per MahaRERA, proposed possession is Jan 2029.
Is Raheja Modern Vivarea South RERA-registered?
Yes — MahaRERA registration P51900034288, registered 2024-04-04.
How many units does Raheja Modern Vivarea South have?
MahaRERA records 152 units across 4 buildings, up to 53 floors.
Who is the developer of Raheja Modern Vivarea South?
K Raheja Corp — 1591 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Mahalaxmi?
7 MahaRERA-registered projects in Mahalaxmi are due for possession between 2027 and 2031, 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.
