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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp

Updated Oct 2026

Parel
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Homes available in Raj Kamal Park

Which homes are available right now — resale and rental, with asking prices — sent to your WhatsApp by an MPE advisor.

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Mumbai Property Exchange · MahaRERA agent A51800043517 · advising buyers since 1995. Your number is used to respond to your enquiry.

SOLD OUT
Raj Kamal Park is sold out by the developer.Resale and rental flats in this building are listed below.
See resale & lease in this building →

At a glance

swipe →
Area price trend
₹49,000/sq.ft
+1.9% since Q2 25 · asking rate for homes in Parel
Who's looking
28 requests
People asked us for Parel in the last 90 days — 6 to buy.
Getting around
  • Worli-Sewri Connector0.2 km
  • Line 11 Green0.5 km
  • MTHL / Atal Setu1.9 km

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). Raj Kamal Park is sold out by the developer — resale flats here are listed from ₹1.47 Cr. 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. MahaRERA proposed possession: May 2025, revised to Dec 2023.

Resale and rental stock live in this building.

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

Areas filed by the developer in MahaRERA (1)
ConfigurationCarpet
1 BHK385–471 ft²
These are the areas the developer filed with MahaRERA. Developers often combine or change units, so they may not match what is on sale — our team confirms what is available and the price.
💬 Ask what is available

Property listings in Raj Kamal Park

For sale

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 Mumbai City district. Across 372 recent resale listings on MPE, homes in Parel have a median asking rate of ₹48,700 per sq ft, and a 2 BHK typically rents for about ₹1.5 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, 13% below the locality's resale median. 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 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).

Buyer demand in Parel

In the last 90 days, buyers and tenants registered 28 requirements for Parel with Mumbai Property Exchange, 6 of them to buy and 10 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.

Parel market

prices, rents & rates

Price vs locality

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

Parel — resale, rent & yield

Resale
₹48,700/sqft
median · 372 listings
Rent
₹168.6/sqft/mo
2 BHK ~₹150,000/mo
Gross yield
4.2%/yr
rent vs resale value

This project is quoted around ₹41,011/sqft — 16% below resale here.

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

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

Upcoming projects & infrastructure in Parel

take an informed decision

10 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).

10
MahaRERA projects handing over in the next 5 years
in Parel
₹49,800/sqft
typical asking price
steady this quarter
₹28,600/sqft
ready reckoner rate (government) · carpet
2025-26 · highest govt zone rate in the area, shown per sq ft carpet · stamp duty is charged on the higher of this and the deal value
New projects in Parel by possession year
5
2027
0
2028
2
2029
1
2030
2
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. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Parel prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Parel, 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.

RERA record & possession

Possession (proposed)
May 2025
Possession (revised)
Dec 2023
MahaRERA No.
P51900010115
Data last updated
Oct 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 ›

Neighbourhood around Raj Kamal Park

Raj Kamal Park in Parel is 0.2 km from Mint Colony metro station, 1.0 km from Cotton Green railway station, 0.5 km from JBCN International School and 0.1 km from Mahatma Gandhi Memorial Hospital.

  • Ⓜ Metro stationMint Colony0.2 km
  • Ⓜ Metro stationAmbedkar Nagar0.7 km
  • 🚉 Railway stationCotton Green1.0 km
  • 🏫 SchoolJBCN International School0.5 km
  • 🏫 SchoolAbhyudaya Nagar Municipal School0.6 km
  • 🏥 HospitalMahatma Gandhi Memorial Hospital0.1 km
  • 🏥 HospitalGleneagles Hospital Super Speciality and Transplant Center0.4 km
  • 🎓 CollegeSneha lata Rane Girls High School and Junior College1.6 km
  • 🛍 MallNakshatra Mall2.7 km
  • 🌳 ParkNare Park0.6 km

Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the 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%

What you pay, and when

an example

This 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 · 582 sq ft at ₹2.50 Cr (the price recorded above).

Due soon after booking~₹2.38 Cr95%, stages already done
Balance till possession~₹12.5 Las the last stages finish
Stamp duty + GST~₹15.0 L + ₹12.5 L6% + 5%, plus ~₹30,000 registration
  1. ✓ Plinth complete45% paid by then
  2. ✓ Slabs complete70% paid by then
  3. ✓ Walls, plaster & flooring75% paid by then
  4. ✓ Sanitary fittings80% paid by then
  5. ✓ Staircases, lift wells & lobbies85% paid by then
  6. ✓ Lifts, pumps, plumbing & elevation95% paid by then
  7. ○ Possession100%

With a home loan: banks usually fund up to 75% (₹1.88 Cr here), released stage by stage, so your own money is about ₹62.5 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 ₹1.63 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 advisor

Amenities declared to MahaRERA

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

Members' 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.

7 brochure amenities
Sign in free to see them

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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

Resale Flats for Sale in Parel

4

Flats for Rent in Parel

4

Commercial for Sale in Parel

1

Commercial for Lease in Parel

3

Commercial Projects in Parel

MahaRERA projects nearby in Parel

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?

Raj Kamal Park is sold out by the developer — resale flats here are listed from ₹1.47 Cr. These are current asking prices from live listings on MPE.

What configurations and carpet areas does Raj Kamal Park offer?

1 BHK – 390 sq ft carpet; 1 BHK – 440 sq ft carpet; 1 BHK – 475 sq ft carpet; 2 BHK – 582 sq ft carpet; 2 BHK – 622 sq ft carpet; 2 BHK – 752 sq ft carpet.

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 2 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?

10 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.

How far is Raj Kamal Park from the nearest metro and railway station?

Raj Kamal Park is about 0.2 km from Mint Colony metro station and 1.0 km from Cotton Green railway station (straight-line distance; road distance is longer).

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 2026-10-06). 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
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