Lower Parel · Mumbai
Rishabh Platina
Lower Parel · by Rishabh Developers (Om Shanti City Development Co)
Registered project name
PlatinaUpdated Oct 2026
Lower ParelPhotos from the project record · tap to enlarge
A first look at Rishabh Platina
Rishabh Platina is a residential project in Lower Parel, Mumbai 400013. It is registered with MahaRERA under P51900015088 (registered 2021-09-10). Rishabh Platina is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 25 units across 2 buildings of up to 24 floors. It offers 3 BHK homes with carpet areas of 1,380 sq ft. MahaRERA proposed possession: Dec 2025.
Ask an advisor to check current resale or rental availability.
Unit configurations filed with MahaRERA (2)
Rishabh Platina floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Rishabh Platina
Location
Rishabh Platina is located in Lower Parel, Mumbai 400013, in the Mumbai City district. Across 400 recent resale listings on MPE, homes in Lower Parel have a median asking rate of ₹64,300 per sq ft, and a 2 BHK typically rents for about ₹1.25 Lac a month.
MahaRERA record
The MahaRERA registration number is P51900015088, issued on 10 September 2021. The registered promoter is Om Shanti City Development Co. The filing lists 2 wings: A wing over 15 floors; B Wing over 24 floors. Per the registration, the architect on record is Shivram Dalvi.
Homes and prices
The price list covers 3 BHK of 1,380 sq ft at ₹6.5 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹47,100 per sq ft of carpet, 27% 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 80%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Dec 2025.
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 Rustomjee Ozone Skye, Arihanth Asalpha, Varella Mansion.
Buyer demand in Lower Parel
In the last 90 days, buyers and tenants registered 30 requirements for Lower Parel with Mumbai Property Exchange, 11 of them to buy and 7 specifically for 3 BHK homes.
Developer's description ▾
Lower Parel market
prices, rents & ratesPrice vs locality
Lower Parel — resale, rent & yield
This project is quoted around ₹47,101/sqft — 27% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Lower Parel
Upcoming projects & infrastructure in Lower Parel
take an informed decision6 MahaRERA projects are due to hand over in Lower Parel between 2027 and 2031.
Supply is not evenly spread — one year carries almost half of it.
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Lower 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
Buildings · 2 wings
Location
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: 3 BHK · 1380 sq ft at ₹6.50 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% (₹4.88 Cr here), released stage by stage, so your own money is about ₹1.62 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 ₹4.23 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
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💬 Ask about resale or rental optionsResale Flats for Sale in Lower Parel
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Flats for Rent in Lower Parel
4
Commercial for Sale in Lower Parel
1
Commercial for Lease in Lower Parel
2
Commercial Projects in Lower Parel
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Frequently Asked Questions
Where is Rishabh Platina located?
Rishabh Platina is in Lower Parel, Mumbai 400013.
What is the price of Rishabh Platina?
Rishabh Platina is sold out by the developer; ask MPE for resale or rental flats in this building.
What configurations and carpet areas does Rishabh Platina offer?
3 BHK – 1,380 sq ft carpet.
When is possession of Rishabh Platina?
As per MahaRERA, proposed possession is Dec 2025.
Is Rishabh Platina RERA-registered?
Yes — MahaRERA registration P51900015088, registered 2021-09-10.
How many units does Rishabh Platina have?
MahaRERA records 25 units across 7 buildings, up to 24 floors.
Who is the developer of Rishabh Platina?
Rishabh Developers (Om Shanti City Development Co) — 19 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Lower Parel?
6 MahaRERA-registered projects in Lower Parel 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.
