Matunga · Mumbai
Ruparel Iris
Matunga · by Ruparel Realty
Updated Oct 2026
MatungaPhotos from the project record · tap to enlarge
At a glance
swipe →- Line 3 Aqua1.0 km
- Versova-Bandra Sea Link2.6 km
- Line 4 Green3.2 km
A first look at Ruparel Iris
Ruparel Iris is a residential project in Matunga, Mumbai 400016. It is registered with MahaRERA under P51900005988 (registered 2026-02-02). Ruparel Iris is sold out by the developer — resale flats here are listed from ₹3.75 Cr and rentals from ₹1.2 Lac a month. The project has 98 units across 1 building of up to 46 floors. It offers 2 BHK homes with carpet areas of 830 sq ft. MahaRERA proposed possession: Jun 2026, revised to Dec 2019.
1 for sale · 2 for rent in this building right now, listed below.
Unit configurations filed with MahaRERA (5)
Property listings in Ruparel Iris
Ruparel Iris floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Ruparel Iris
Location
Ruparel Iris is located in Matunga, Mumbai 400016, in the Mumbai City district. Across 37 recent resale listings on MPE, homes in Matunga have a median asking rate of ₹48,000 per sq ft, and a 2 BHK typically rents for about ₹85,000 a month.
MahaRERA record
The MahaRERA registration number is P51900005988, issued on 2 February 2026. The registered promoter is Ruparel Estates India Pvt. Ltd.. The filing lists 1 wing: Ruparel Iris with 98 units over 46 floors. Per the registration, the architect on record is Mr Rahul Kamathi Kamathi and the project escrow account is with HDFC Bank.
Homes and prices
Configurations recorded are 2 BHK of 830 sq ft at ₹4.15 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹50,000 per sq ft of carpet, 4% above 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 85%, services at 82%. Proposed possession is Jun 2026, revised to Dec 2019.
Developer track record
Ruparel Realty has 34 projects tracked on Mumbai Property Exchange, 22 of them delivered (ready or sold out). Other projects by the same developer include Ruparel Zion, Ruparel Arista, Ruparel Zinnia.
Buyer demand in Matunga
In the last 90 days, buyers and tenants registered 11 requirements for Matunga with Mumbai Property Exchange, 6 of them to buy and 2 specifically for 2 BHK homes.
Developer's description ▾
Matunga market
prices, rents & ratesMatunga — resale, rent & yield
This project is quoted around ₹50,000/sqft — 4% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Upcoming projects & infrastructure in Matunga
take an informed decision30 MahaRERA projects are due to hand over in Matunga between 2027 and 2031; the nearest upcoming infrastructure to Ruparel Iris is the Versova-Bandra Sea Link, 2.6 km away (under construction · due 2028).
Supply is not evenly spread — one year carries almost half of it.
- 🚇Line 3 AquaOpened 20251.0 km
- 🌉Versova-Bandra Sea LinkUnder construction · due 20282.6 km
- 🚇Line 4 GreenUnder construction · due 20273.2 km
- 🚇Line 11 GreenApproved3.2 km
- 🛣️Coastal Road (Phase 1)Opened 20243.2 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Matunga, 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
98 unitsLocation
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: 2 BHK · 830 sq ft at ₹4.15 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% (₹3.11 Cr here), released stage by stage, so your own money is about ₹1.04 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 ₹2.70 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
4Connectivity
Talk 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 Matunga
4
Flats for Rent in Matunga
4
Commercial Projects in Matunga
More by Ruparel Realty
MahaRERA projects nearby in Matunga
Frequently Asked Questions
Where is Ruparel Iris located?
Ruparel Iris is in Matunga, Mumbai 400016.
What is the price of Ruparel Iris?
Ruparel Iris is sold out by the developer — resale flats here are listed from ₹3.75 Cr and rentals from ₹1.2 Lac a month. These are current asking prices from live listings on MPE.
What configurations and carpet areas does Ruparel Iris offer?
2 BHK – 830 sq ft carpet.
When is possession of Ruparel Iris?
As per MahaRERA, proposed possession is Jun 2026, revised to Dec 2019.
Is Ruparel Iris RERA-registered?
Yes — MahaRERA registration P51900005988, registered 2026-02-02.
How many units does Ruparel Iris have?
MahaRERA records 98 units across 2 buildings, up to 46 floors.
Who is the developer of Ruparel Iris?
Ruparel Realty — 34 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Matunga?
30 MahaRERA-registered projects in Matunga are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Ruparel Iris?
Line 3 Aqua — opened 2025, 1.0 km away; Versova-Bandra Sea Link — under construction · due 2028, 2.6 km away; Line 4 Green — under construction · due 2027, 3.2 km away; Line 11 Green — approved, 3.2 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.
