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Primary inventory recordedMahaRERA P51800052202

Santacruz East · Mumbai

Royal Residency

Santacruz East · by Lakhanis Builders And Developers (Lakhani Infra Projects LLP)

Updated Oct 2026

Royal Residency by Lakhanis, Santacruz East, Mumbai — 2 & 3 BHK new project, builder's expected possession Dec 2026, RERA possession Apr 2027 | Mumbai Property Exchange, Sandeep Sadh 98200 30685
Royal Residency, Santacruz East · project card by Mumbai Property Exchange
53
Units
2027
Possession
2
Buildings
Certificate Signed
Status

A first look at Royal Residency

Royal Residency is a residential project by Lakhanis Builders And Developers in Santacruz East, Mumbai 400055. It is registered with MahaRERA under P51800052202 (registered 2023-10-30). The project has 53 units across 2 buildings of up to 10 floors. It offers 2 BHK homes with carpet areas of 520–763 sq ft, priced ₹1.5 Cr–₹2.22 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹28,800 per sq ft. MahaRERA proposed possession: Apr 2027.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
1½ BHK520 ft²₹1.5 Cr—
1½ BHK538 ft²₹1.7 Cr—
2 BHK703 ft²₹2.03 Cr—
2½ BHK763 ft²₹2.22 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
Unit configurations filed with MahaRERA (4)
ConfigurationCarpetIndicative Price
2 BHK600–719 ft²₹1.73 Cr–₹2.07 Cr
2 BHK Rehabilation600–719 ft²₹1.73 Cr–₹2.07 Cr
3 BHK Rehabilation813–1,114 ft²₹2.34 Cr–₹3.21 Cr
3 BHK813–1,233 ft²₹2.34 Cr–₹3.55 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

About Royal Residency

Location

The project is in Santacruz East, Mumbai 400055, in the Mumbai Suburban district. Across 37 recent resale listings on MPE, homes in Santacruz East have a median asking rate of ₹37,800 per sq ft.

MahaRERA record

Royal Residency is registered with MahaRERA under P51800052202, dated 30 October 2023. The registered promoter is Lakhani Infra Projects LLP. The filing lists 2 wings: WING A over 10 floors; WING B over 9 floors. According to MahaRERA, the architect on record is THE DESIGN STUDIO and the project escrow account is with Bank Of Baroda.

Homes and prices

The price list covers 1½ BHK of 520–538 sq ft at ₹1.5 Cr–₹1.7 Cr; 2 BHK of 703 sq ft at ₹2.03 Cr; 2½ BHK of 763 sq ft at ₹2.22 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹28,800–₹31,600 per sq ft of carpet, 23% 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 80%, finishing at 0%, services at 35%. Proposed possession is Apr 2027.

Developer track record

Lakhanis Builders And Developers has 24 projects tracked on Mumbai Property Exchange, 18 of them delivered (ready or sold out). Other projects by the same developer include Lakhani Grandeur, Lakhani Royal Mansion, The Gateway.

Buyer demand in Santacruz East

In the last 90 days, buyers and tenants registered 15 requirements for Santacruz East with Mumbai Property Exchange, 1 of them to buy and 1 specifically for 2 BHK homes.

Santacruz East market

prices, rents & rates

Price vs locality

₹28,800
/sqft · Santacruz East rate-band mid-point ₹52,500
45% below mid-point

Santacruz East — resale, rent & yield

Resale
₹37,800/sqft
median · 37 listings
Rent
₹134.4/sqft/mo
25 rentals
Gross yield
4.3%/yr
rent vs resale value

This project is quoted around ₹28,800/sqft — 24% below resale here.

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

Property rates in Santacruz East

Residential · Sale
₹40,000–65,000/sqft
Commercial · Sale
₹45,000–75,000/sqft
2 BHK · Rent
₹110,000–220,000/mo

Upcoming projects & infrastructure in Santacruz East

take an informed decision

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

59
MahaRERA projects handing over in the next 5 years
in Santacruz East
₹39,300/sqft▲
typical asking price
rising this quarter
₹17,200/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Santacruz East by possession year
5
2026
19
2027
18
2028
7
2029
10
2030

Supply is not evenly spread — one year carries about a third of it.

Metro & infrastructure near Royal 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
Questions about Santacruz East prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Santacruz East, 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)
Apr 2027
Project status
New
MahaRERA No.
P51800052202
Data last updated
Oct 2026
Registered
2023-10-30
Escrow Bank
BANK OF BARODA
Architect
THE DESIGN STUDIO
Total FSI
5,502

Buildings · 2 wings

WING A · 10 fl · — u
WING B · 9 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation80%
Structure80%
Finishing0%
Services35%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure80%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …70%
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%

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 · 703 sq ft at ₹2.03 Cr (the price recorded above).

Due soon after booking~₹60.9 L30%, stages already done
Balance till possession~₹1.42 Crover about 6 months
Stamp duty + GST~₹12.2 L + ₹10.2 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% (₹1.52 Cr here), released stage by stage, so your own money is about ₹50.8 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 ₹1.32 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

9
Electrical meter room, sub-station, r…Fire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingOpen ParkingSewerage (Chamber, Lines, Septic Tank…Storm Water DrainsWater Supply
+1 more ▾
Water conservation /Rain water harvesting

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 (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Resale Flats for Sale in Santacruz East

4

Flats for Rent in Santacruz East

4

Commercial for Sale in Santacruz East

1

Commercial Projects in Santacruz East

More by Lakhanis Builders And Developers (Lakhani Infra Projects LLP)

Compare Royal Residency with similarly priced projects nearby

MahaRERA projects nearby in Santacruz East

Frequently Asked Questions

Where is Royal Residency located?

Royal Residency is in Santacruz East, Mumbai 400055.

What is the price of Royal Residency?

2 BHK homes are priced ₹1.5 Cr–₹2.22 Cr as on 09 Jul 2026, about ₹28,800 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Royal Residency offer?

1½ BHK – 520 sq ft carpet at ₹1.5 Cr; 1½ BHK – 538 sq ft carpet at ₹1.7 Cr; 2 BHK – 703 sq ft carpet at ₹2.03 Cr; 2½ BHK – 763 sq ft carpet at ₹2.22 Cr.

When is possession of Royal Residency?

As per MahaRERA, proposed possession is Apr 2027.

Is Royal Residency RERA-registered?

Yes — MahaRERA registration P51800052202, registered 2023-10-30.

How many units does Royal Residency have?

MahaRERA records 53 units across 1 building, up to 10 floors.

Who is the developer of Royal Residency?

Lakhanis Builders And Developers (Lakhani Infra Projects LLP) — 24 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Santacruz East?

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

What metro and infrastructure is near Royal 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 2026-10-06). 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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