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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Completed/historical project — current inventory unconfirmedMahaRERA P51800031414

Bandra East · Mumbai

Rajlaxmi Residency

Saibaba Road, Jawahar Nagar, Bandra East · by Raj Corporporation

Updated Sep 2026

128
Units
2025
Possession
1
Buildings
Certificate Signed
Status

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). 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, priced ₹1.5 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹35,500 per sq ft. MahaRERA proposed possession: Dec 2025.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Availability & Pricing

TypeCarpetPriceAvail
1 BHK423 ft²₹1.5 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

Rajlaxmi Residency floor plans

2
Rajlaxmi Residency, Bandra East — floor plan 1Rajlaxmi 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 58 recent resale listings on MPE, homes in Bandra East have a median asking rate of ₹46,715 per sq ft, and a 2 BHK typically rents for about ₹1.3 Lac 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, 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 60%, structure at 0%, finishing at 0%, services at 0%. Proposed possession is Dec 2025.

Developer track record

Raj Corporporation has 292 projects tracked on Mumbai Property Exchange, 239 of them delivered (ready or sold out). Other projects by the same developer include Hrishabraj Trident, Modi Arcade, Suraj 964.

Buyer demand in Bandra East

In the last 90 days, buyers and tenants registered 14 requirements for Bandra East with Mumbai Property Exchange, 4 of them to buy and 8 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.

Price vs Locality

₹35,460
/sqft · Bandra East rate-band mid-point ₹65,000
45% below mid-point

Upcoming projects & infrastructure in Goregaon West

take an informed decision

42 MahaRERA projects are due to hand over in Goregaon West between 2027 and 2031; the nearest upcoming infrastructure to Rajlaxmi Residency is the Goregaon-Mulund Link Road (GMLR), 0.9 km away (under construction · due 2028).

42
MahaRERA projects handing over in the next 5 years
in Goregaon West
₹36,000/sqft▲
typical asking price
rising this quarter
₹36,800/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Goregaon West by possession year
8
2027
10
2028
13
2029
8
2030
3
2031

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

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
📜 868 registered transactions (IGR) on record in Goregaon West, 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 Goregaon West 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.

Bandra East — resale, rent & yield

Resale
₹46,715/sqft
median · 58 listings
Rent
₹165.7/sqft/mo
2 BHK ~₹130,000/mo
Gross yield
4.3%/yr
rent vs resale value

This project is quoted around ₹35,460/sqft — 24% below resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
Addl Purchase22–1,464 ft²₹8 L–₹5.19 Cr
1 BHK4,543–4,590 ft²₹16.11 Cr–₹16.28 Cr
Shop1,453–4,814 ft²₹5.15 Cr–₹17.07 Cr
Commercial6,920 ft²₹24.54 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.
P51800031414
Data last updated
Sep 2026
Registered
2021-10-23
Escrow Bank
ICICI BANK LIMITED
Architect
Ashwin Ramesh Kanodia
Total FSI
5,294

Buildings · 1 wing

128 units
Rajlaxmi Residency · 18 fl · 128 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
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%

Amenities

7
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

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

Bandra East market context

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

Resale Flats for Sale in Bandra East

4

Flats for Rent in Bandra East

4

Commercial for Sale in Bandra East

2

Commercial for Lease in Bandra East

2

Commercial Projects in Bandra East

More by Raj Corporporation

MahaRERA projects nearby in Bandra East

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 Rajlaxmi Residency located?

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

What is the price of Rajlaxmi Residency?

1 BHK homes are priced ₹1.5 Cr as on 09 Jul 2026, about ₹35,500 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Rajlaxmi Residency offer?

1 BHK – 423 sq ft carpet at ₹1.5 Cr.

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 8 buildings, up to 18 floors.

Who is the developer of Rajlaxmi Residency?

Raj Corporporation — 292 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Goregaon West?

42 MahaRERA-registered projects in Goregaon West are due for possession between 2027 and 2031, 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.

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 2026-09-28). 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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