List PropertyWhatsApp
Best DealsNew Projects🗺️ Projects MapBuy a FlatRent a FlatCommercialBuilders & DevelopersWhy UsRERA SearchLocalitiesTools & CalculatorsNRI HubNews+ List Your Property💬 WhatsApp Us
Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Completed/historical project — current inventory unconfirmedMahaRERA P51900010115

Parel · Mumbai

Raj Kamal Park

Parel · by Rishabh Developers (Prarthana Griha Nirman)

Updated Sep 2026

162
Units
2025
Possession
2
Buildings
Certificate Signed
Status

A first look at Raj Kamal Park

Raj Kamal Park is a residential project by Rishabh Developers in Parel, Mumbai 400012. It is registered with MahaRERA under P51900010115 (registered 2021-09-09). The project has 162 units across 2 buildings of up to 8 floors. It offers 1 & 2 BHK homes with carpet areas of 390–752 sq ft, priced ₹1.6 Cr–₹3.23 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹41,000 per sq ft. MahaRERA proposed possession: May 2025, revised to Dec 2023.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Availability & Pricing

TypeCarpetPriceAvail
1 BHK390 ft²₹1.6 Cr
1 BHK440 ft²₹1.7 Cr
1 BHK475 ft²₹1.8 Cr
2 BHK582 ft²₹2.5 Cr
2 BHK622 ft²₹2.65 Cr
2 BHK752 ft²₹3.23 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

Raj Kamal Park floor plans

1
Raj Kamal Park, Parel — floor plan 1

Floor plans are indicative, as shared by the developer, and subject to change.

About Raj Kamal Park

Location

Raj Kamal Park is located in Parel, Mumbai 400012, in the Pune district. Across 44 recent resale listings on MPE, homes in Parel have a median asking rate of ₹40,000 per sq ft, and a 2 BHK typically rents for about ₹1.35 Lac a month.

MahaRERA record

The MahaRERA registration number is P51900010115, issued on 9 September 2021. The registered promoter is Prarthana Griha Nirman. The filing lists 2 wings: 1 Wing B with 36 units over 8 floors; A , B, C, D with 126 units over 8 floors. Per the registration, the architect on record is Chandrashekhar and the project escrow account is with Axis Bank.

Homes and prices

The price list covers 1 BHK of 390–475 sq ft at ₹1.6 Cr–₹1.8 Cr; 2 BHK of 582–752 sq ft at ₹2.5 Cr–₹3.23 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹37,900–₹43,000 per sq ft of carpet, 6% 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 98%, services at 99%. Proposed possession is May 2025, revised to Dec 2023.

Developer track record

Rishabh Developers has 19 projects tracked on Mumbai Property Exchange, 18 of them delivered (ready or sold out). Other projects by the same developer include La Alteza.

Buyer demand in Parel

In the last 90 days, buyers and tenants registered 16 requirements for Parel with Mumbai Property Exchange, 3 of them to buy and 6 specifically for 1 & 2 BHK homes.

Developer's description ▾
Raj Kamal Park presents affordable yet premium 1 BHK apartments in the heart of South Mumbai, offering a well-connected and comfortable lifestyle. Located in Parel East, near Gandhi Hospital and Raj Kamal Studio, this ready-to-move-in residential development with OC received is perfect for those seeking a modern and well-designed home. The project is equipped with earthquake-resistant RCC design, modern elevation, high-speed lifts, and a beautifully designed entrance, ensuring a secure and aesthetically pleasing living environment. With top educational institutions like JBCL School and M.D College, leading hospitals such as KEM, Tata, and Global Hospital, and entertainment spots like Ashok Garden in close proximity, Raj Kamal Park provides a seamless urban living experience. Excellent connectivity through the Monorail Station, Currey Road Railway Station, and Lower Parel Station ensures effortless commuting. Each apartment features vitrified flooring, powder-coated sliding windows, concealed copper wiring, modular switches, pre-wired internet, TV, and telephone connections, along with advanced security features like intercom systems and 24x7 security guards. Experience the perfect blend of comfort, convenience, and affordability at Raj Kamal Park, Parel East.

Price vs Locality

₹41,011
/sqft · Parel rate-band mid-point ₹82,500
50% below mid-point

Upcoming projects & infrastructure in Parel

take an informed decision

3 MahaRERA projects are due to hand over in Parel between 2027 and 2031; the nearest upcoming infrastructure to Raj Kamal Park is the Worli-Sewri Connector, 0.2 km away (under construction · due 2026).

3
MahaRERA projects handing over in the next 5 years
in Parel
₹51,100/sqft
typical asking price
steady this quarter
New projects in Parel by possession year
0
2027
0
2028
2
2029
1
2030
0
2031

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

Metro & infrastructure near Raj Kamal Park
  • 🛣️Worli-Sewri ConnectorUnder construction · due 20260.2 km
  • 🚇Line 11 GreenApproved0.5 km
  • 🌉MTHL / Atal SetuOpened 20241.9 km
  • 🚇Line 3 AquaOpened 20252.7 km
  • 🛣️Coastal Road (Phase 1)Opened 20243.1 km
  • 🚇Line 4 GreenUnder construction · due 20273.1 km
📜 1,756 registered transactions (IGR) on record in Parel, and we pull the latest registrations on request. Know what flats here actually transacted at before you negotiate — take an informed decision.
Ask for registered transactions ›
In the full Parel 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.

Parel — resale, rent & yield

Resale
₹40,000/sqft
median · 44 listings
Rent
₹158.1/sqft/mo
2 BHK ~₹135,000/mo
Gross yield
4.7%/yr
rent vs resale value

This project is quoted around ₹41,011/sqft3% above resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
1 BHK385–471 ft²₹1.58 Cr–₹1.93 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)
May 2025
Possession (revised)
Dec 2023
MahaRERA No.
P51900010115
Data last updated
Sep 2026
Registered
2021-09-09
Escrow Bank
AXIS BANK
Architect
Chandrashekhar
Total FSI
11,650

Buildings · 2 wings

162 units
Composite Building No - 1 Wing B · 8 fl · 36 u
Rajkamal Park Wing - A , B, C, D · 8 fl · 126 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation100%
Structure100%
Finishing98%
Services99%
See all 14 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%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…98%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …97%
Sanitary Fittings within the flats / premises96%
External plumbing and external plaster, elevation, completion of terr…94%

Amenities

6
Electrical meter room, sub-station, r…Landscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Storm Water DrainsWater SupplyWater conservation /Rain water harvesting

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

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

💬 Ask about resale or rental options

Parel market context

Property Rates in Parel

Residential · Sale
₹60,000–105,000/sqft
Commercial · Sale
₹75,000–110,000/sqft
2 BHK · Rent
₹165,000–275,000/mo

Resale Flats for Sale in Parel

4

Flats for Rent in Parel

4

Commercial for Sale in Parel

2

Commercial for Lease in Parel

3

Commercial Projects in Parel

More by Rishabh Developers (Prarthana Griha Nirman)

MahaRERA projects nearby in Parel

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.

Frequently Asked Questions

Where is Raj Kamal Park located?

Raj Kamal Park is in Parel, Mumbai 400012.

What is the price of Raj Kamal Park?

1 & 2 BHK homes are priced ₹1.6 Cr–₹3.23 Cr as on 09 Jul 2026, about ₹41,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Raj Kamal Park offer?

1 BHK – 390 sq ft carpet at ₹1.6 Cr; 1 BHK – 440 sq ft carpet at ₹1.7 Cr; 1 BHK – 475 sq ft carpet at ₹1.8 Cr; 2 BHK – 582 sq ft carpet at ₹2.5 Cr; 2 BHK – 622 sq ft carpet at ₹2.65 Cr; 2 BHK – 752 sq ft carpet at ₹3.23 Cr.

When is possession of Raj Kamal Park?

As per MahaRERA, proposed possession is May 2025, revised to Dec 2023.

Is Raj Kamal Park RERA-registered?

Yes — MahaRERA registration P51900010115, registered 2021-09-09.

How many units does Raj Kamal Park have?

MahaRERA records 162 units across 6 buildings, up to 8 floors.

Who is the developer of Raj Kamal Park?

Rishabh Developers (Prarthana Griha Nirman) — 19 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Parel?

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

What metro and infrastructure is near Raj Kamal Park?

Worli-Sewri Connector — under construction · due 2026, 0.2 km away; Line 11 Green — approved, 0.5 km away; MTHL / Atal Setu — opened 2024, 1.9 km away; Line 3 Aqua — opened 2025, 2.7 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 2026-09-20). 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
WhatsAppCall

Latest Mumbai Property News

View all news →