Santacruz West · Mumbai
Rishabraj Blue Lotus
Santacruz West · by H. Rishabraj Builders and Developers
Registered project name
Blue LotusUpdated Oct 2026
Santacruz WestPhotos from the project record · tap to enlarge
At a glance
swipe →- Versova-Bandra Sea Link1.5 km
- Line 2B Yellow3.3 km
A first look at Rishabraj Blue Lotus
Rishabraj Blue Lotus is a residential project in Santacruz West, Mumbai 400052. It is registered with MahaRERA under P51800033826 (registered 2022-03-08). Rishabraj Blue Lotus is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 17 units across 1 building of up to 15 floors. It offers 3 BHK homes with carpet areas of 1,084 sq ft. MahaRERA proposed possession: Dec 2025.
Ask an advisor to check current resale or rental availability.
Unit configurations filed with MahaRERA (2)
Rishabraj Blue Lotus floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Rishabraj Blue Lotus
Location
The project is in Santacruz West, Mumbai 400052, in the Mumbai Suburban district. Across 690 recent resale listings on MPE, homes in Santacruz West have a median asking rate of ₹61,000 per sq ft, and a 2 BHK typically rents for about ₹1.52 Lac a month.
MahaRERA record
Rishabraj Blue Lotus is registered with MahaRERA under P51800033826, dated 8 March 2022. The registered promoter is Rishabraj Estate Developers Pvt. Ltd.. The filing lists 1 wing: BLUE LOTUS over 15 floors. According to MahaRERA, the architect on record is Abhijit Udani and the project escrow account is with HDFC Bank.
Homes and prices
Configurations recorded are 3 BHK of 1,084 sq ft at ₹6.5 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹60,000 per sq ft of carpet, in line with 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 100%, services at 100%. Proposed possession is Dec 2025.
Developer track record
H. Rishabraj Builders and Developers has 3770 projects tracked on Mumbai Property Exchange, 3211 of them delivered (ready or sold out). Other projects by the same developer include Hrishabraj Trident, Rishabraj Arham, Rishabraj Pooja.
Buyer demand in Santacruz West
In the last 90 days, buyers and tenants registered 39 requirements for Santacruz West with Mumbai Property Exchange, 17 of them to buy and 7 specifically for 3 BHK homes.
Developer's description ▾
Santacruz West market
prices, rents & ratesPrice vs locality
Santacruz West — resale, rent & yield
This project is quoted around ₹59,963/sqft — 2% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Santacruz West
Upcoming projects & infrastructure in Santacruz West
take an informed decision43 MahaRERA projects are due to hand over in Santacruz West between 2026 and 2030; the nearest upcoming infrastructure to Rishabraj Blue Lotus is the Versova-Bandra Sea Link, 1.5 km away (under construction · due 2028).
Supply is not evenly spread — one year carries about a third of it.
- 🌉Versova-Bandra Sea LinkUnder construction · due 20281.5 km
- 🚇Line 2B YellowOpened 20263.3 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Santacruz West, 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 · 1 wing
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 · 1084 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
8Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Ask about resale or rental optionsResale Flats for Sale in Santacruz West
4
Flats for Rent in Santacruz West
4
Commercial for Sale in Santacruz West
1
Commercial for Lease in Santacruz West
1
Commercial Projects in Santacruz West
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Frequently Asked Questions
Where is Rishabraj Blue Lotus located?
Rishabraj Blue Lotus is in Santacruz West, Mumbai 400052.
What is the price of Rishabraj Blue Lotus?
Rishabraj Blue Lotus is sold out by the developer; ask MPE for resale or rental flats in this building.
What configurations and carpet areas does Rishabraj Blue Lotus offer?
3 BHK – 1,084 sq ft carpet.
When is possession of Rishabraj Blue Lotus?
As per MahaRERA, proposed possession is Dec 2025.
Is Rishabraj Blue Lotus RERA-registered?
Yes — MahaRERA registration P51800033826, registered 2022-03-08.
How many units does Rishabraj Blue Lotus have?
MahaRERA records 17 units across 7 buildings, up to 15 floors.
Who is the developer of Rishabraj Blue Lotus?
H. Rishabraj Builders and Developers — 3770 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Santacruz West?
43 MahaRERA-registered projects in Santacruz West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Rishabraj Blue Lotus?
Versova-Bandra Sea Link — under construction · due 2028, 1.5 km away; Line 2B Yellow — opened 2026, 3.3 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.
