Rajlaxmi Residency - Bandra East - Sold Out Project

Updated Oct 2026

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Homes available in Rajlaxmi Residency

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

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SOLD OUT

Rajlaxmi Residency is sold out by the developer.We can check resale and rental flats in this building for you.

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Rajlaxmi Residency price check and key numbers

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Area price trend

₹63,600/sq.ft

-2.9% since Q3 25 · asking rate for homes in Bandra East

Who's looking

30 requests

People asked us for Bandra East in the last 90 days — 14 to buy.

Getting around

Line 3 Aqua0.7 km
Goregaon-Mulund Link Road (GMLR)0.9 km
Line 6 Pink2.7 km

A first look at Rajlaxmi Residency

Rajlaxmi Residency is a residential project on Saibaba Road, Jawahar Nagar, Bandra East, Mumbai 400051. It is registered with MahaRERA under P51800031414 (registered 2021-10-23). Rajlaxmi Residency is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 128 units across 1 building of up to 18 floors. It offers 1 BHK homes with carpet areas of 423 sq ft. MahaRERA proposed possession: Dec 2025.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Areas filed by the developer in MahaRERA (4)

ConfigurationCarpet

Addl Purchase22–1,464 ft²

1 BHK4,543–4,590 ft²

Shop1,453–4,814 ft²

Commercial6,920 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.

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Rajlaxmi Residency floor plans

Rajlaxmi Residency, Bandra East — floor plan 1

Rajlaxmi Residency, Bandra East — floor plan 2

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

About Rajlaxmi Residency

Location

The address of Rajlaxmi Residency is Saibaba Road, Jawahar Nagar, Bandra East, Mumbai 400051, in the Mumbai Suburban district. Across 719 recent resale listings on MPE, homes in Bandra East have a median asking rate of ₹62,500 per sq ft, and a 2 BHK typically rents for about ₹1.4 Lakh a month.

MahaRERA record

The MahaRERA registration number is P51800031414, issued on 23 October 2021. The registered promoter is Raj Corporation. The filing lists 1 wing: Rajlaxmi Residency with 128 units over 18 floors. Per the registration, the architect on record is Ashwin Ramesh Kanodia and the project escrow account is with ICICI Bank Ltd.

Homes and prices

The price list covers 1 BHK of 423 sq ft at ₹1.5 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹35,500 per sq ft of carpet, 43% 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 60%, structure at 0%, finishing at 0%, services at 0%. Proposed possession is Dec 2025.

Developer track record

Raj Corporporation has 2 projects tracked on Mumbai Property Exchange, 2 of them delivered (ready or sold out).

Buyer demand in Bandra East

In the last 90 days, buyers and tenants registered 30 requirements for Bandra East with Mumbai Property Exchange, 14 of them to buy and 9 specifically for 1 BHK homes.

Developer's description ▾

Rajlaxmi Residency offers modern living in a prime location on Saibaba Road, Jawahar Nagar, near Bhavani Bank. The apartments feature vitrified tile flooring in the living, dining, and bedroom areas, with walls and ceilings finished in gypsum plaster or P.O.P.. Each unit is equipped with telephone and cable points in the living area and decorative main doors. The kitchen includes a granite platform, stainless steel sink, and decorative glazed tile dado. Bathrooms are fitted with glazed tiles, modern fittings, concealed plumbing, and geysers. For electrical fittings, the building is equipped with concealed copper wiring, modern designer switches, and adequate points in every room. Anodized aluminum sliding windows and granite sills add to the durability and style. The property features a decorative entrance lobby, high-quality lifts, and an earthquake-resistant R.C.C. structure. Additional water storage is available underground with a motor room for consistent water supply.

Bandra East market

prices, rents & rates

This project₹35,460

₹65,000area rate mid-point

₹62,500resale asking

₹26,000govt ready reckoner

Price vs locality

₹35,460

/sqft · Bandra East rate-band mid-point ₹65,000

45% below mid-point

Bandra East — resale, rent & yield

Resale

₹62,500/sqft

median · 719 listings

Rent

₹222.2/sqft/mo

2 BHK ~₹140,000/mo

Gross yield

4.3%/yr

rent vs resale value

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

Property rates in Bandra East

Residential · Sale

₹35,000–95,000/sqft

Commercial · Sale

₹45,000–75,000/sqft

2 BHK · Rent

₹100,000–265,000/mo

Full rates

Property Rates ▸

Upcoming projects & infrastructure in Bandra East

take an informed decision

27 MahaRERA projects are due to hand over in Bandra East between 2026 and 2030; the nearest upcoming infrastructure to Rajlaxmi Residency is the Goregaon-Mulund Link Road (GMLR), 0.9 km away (under construction · due 2028).

MahaRERA projects handing over in the next 5 years

in Bandra East

₹57,600/sqft▼

typical asking price

easing this quarter

₹26,000/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 Bandra East by possession year

2026

2027

2028

2029

2030

Metro & infrastructure near Rajlaxmi Residency

🚇Line 3 AquaOpened 20250.7 km
🚇Goregaon-Mulund Link Road (GMLR)Under construction · due 20280.9 km
🚇Line 6 PinkUnder construction · due 20272.7 km

📜 1,756 registered transactions (IGR) on record in Bandra East. 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!

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Questions about Bandra East prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Bandra East, then an advisor calls about your budget and configuration.

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Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

Rajlaxmi Residency MahaRERA number and possession date

Possession (proposed)

Dec 2025

Project status

New

MahaRERA No.

P51800031414

Data last updated

Oct 2026

Registered

2021-10-23

Escrow Bank

ICICI BANK LIMITED

Architect

Ashwin Ramesh Kanodia

Total FSI

5,294

Rajlaxmi Residency towers and phases

1 wing · 128 units

128

Rajlaxmi Residency · 18 fl · 128 u

Rajlaxmi Residency address and location

📍 Rajlaxmi Residency, Bandra East

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Neighbourhood around Rajlaxmi Residency

Rajlaxmi Residency in Bandra East is 0.7 km from Aarey metro station, 2.6 km from Ram Mandir railway station, 0.9 km from Aarey School and 0.7 km from Aarey Hospital.

Ⓜ Metro stationAarey0.7 km
Ⓜ Metro stationGoregaon (East)2.0 km
🚉 Railway stationRam Mandir2.6 km
🏫 SchoolAarey School0.9 km
🏫 SchoolOberoi International School - JVLR Campus1.7 km
🏥 HospitalAarey Hospital0.7 km
🏥 HospitalRadha Krishna Hospital2.1 km
🎓 CollegeDairy Science Institute0.6 km
🛍 MallOberoi Mall2.7 km
🌳 ParkRuby Isle Garden1.2 km

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

Construction progress

per MahaRERA

15%average

Foundation60%

Structure0%

Finishing0%

Services0%

See all 11 stages ▾

Basement (if any)100%

Excavation100%

Plinth100%

External plumbing and external plaster, elevation, completion of terr…0%

Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%

Internal walls, Intemal Plaster, Floorings, Floors and windows within…0%

Podiums (if any)0%

Sanitary Fittings within the flats / premises0%

Slabs of Super Structure0%

Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …0%

Stilt Floor0%

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: 1 BHK · 423 sq ft at ₹1.50 Cr (the price recorded above).

Due soon after booking~₹45.0 L30%, stages already done

Balance till possession~₹1.05 Cras the last stages finish

Stamp duty + GST~₹9.0 L + ₹7.5 L6% + 5%, plus ~₹30,000 registration

○ 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% (₹1.12 Cr here), released stage by stage, so your own money is about ₹37.5 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 ₹97,600/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

Electrical meter room, sub-station, r…Fire protection and fire safety requi…Open ParkingSewerage (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.

18 brochure amenities

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Frequently Asked Questions

Where is Rajlaxmi Residency located?

Rajlaxmi Residency is on Saibaba Road, Jawahar Nagar, Bandra East, Mumbai 400051.

What is the price of Rajlaxmi Residency?

Rajlaxmi Residency is sold out by the developer; ask MPE for resale or rental flats in this building.

What configurations and carpet areas does Rajlaxmi Residency offer?

1 BHK – 423 sq ft carpet.

When is possession of Rajlaxmi Residency?

As per MahaRERA, proposed possession is Dec 2025.

Is Rajlaxmi Residency RERA-registered?

Yes — MahaRERA registration P51800031414, registered 2021-10-23.

How many units does Rajlaxmi Residency have?

MahaRERA records 128 units across 1 building, up to 18 floors.

Who is the developer of Rajlaxmi Residency?

Raj Corporporation — 2 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Bandra East?

27 MahaRERA-registered projects in Bandra East are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Rajlaxmi Residency?

Line 3 Aqua — opened 2025, 0.7 km away; Goregaon-Mulund Link Road (GMLR) — under construction · due 2028, 0.9 km away; Line 6 Pink — under construction · due 2027, 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 Rajlaxmi Residency from the nearest metro and railway station?

Rajlaxmi Residency is about 0.7 km from Aarey metro station and 2.6 km from Ram Mandir railway station (straight-line distance; road distance is longer).