Parel · Mumbai
Ruparel Nova
Jerbai Wadia Road, Bhoiwada, Parel · by Ruparel Realty (Shree Sukhakarta Developers Pvt.Ltd.)
Updated Oct 2026
ParelPhotos from the project record · tap to enlarge
A first look at Ruparel Nova
Ruparel Nova is a residential project on Jerbai Wadia Road, Bhoiwada, Parel, Mumbai 400012. It is registered with MahaRERA under P51900019946. Ruparel Nova is sold out by the developer — resale flats here are listed from ₹1.35 Cr and rentals from ₹58,000 a month. The project has 165 units across 1 building of up to 42 floors. It offers 2 & 3 BHK homes with carpet areas of 826–2,297 sq ft. MahaRERA proposed possession: Dec 2024.
4 for sale · 6 for rent in this building right now, listed below.
Unit configurations filed with MahaRERA (1)
Property listings in Ruparel Nova
Ruparel Nova floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
Ruparel Nova videos
About Ruparel Nova
Location
Ruparel Nova stands on Jerbai Wadia Road, Bhoiwada in Parel, Mumbai 400012, in the Mumbai City district. Across 345 recent resale listings on MPE, homes in Parel have a median asking rate of ₹47,800 per sq ft, and a 2 BHK typically rents for about ₹1.4 Lac a month.
MahaRERA record
Ruparel Nova is registered with MahaRERA under P51900019946. The registered promoter is Shree Sukhakarta Developers Pvt.Ltd.. The filing lists 1 wing: Ruparel Nova with 165 units over 42 floors. According to MahaRERA, the project escrow account is with Kotak Mahindra Bank.
Homes and prices
Homes on offer are 2 BHK of 826 sq ft at ₹3.6 Cr; 3 BHK of 2,297 sq ft at ₹6.5 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹28,300–₹43,600 per sq ft of carpet, 9% 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 98%. Proposed possession is Dec 2024.
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 Anupama, Mehr, Naman Fifty Eight.
Buyer demand in Parel
In the last 90 days, buyers and tenants registered 20 requirements for Parel with Mumbai Property Exchange, 4 of them to buy and 5 specifically for 2 & 3 BHK homes.
Developer's description ▾
Parel market
prices, rents & ratesPrice vs locality
Parel — resale, rent & yield
This project is quoted around ₹35,940/sqft — 25% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Parel
Upcoming projects & infrastructure in Parel
take an informed decision10 MahaRERA projects are due to hand over in Parel between 2027 and 2031; the nearest upcoming infrastructure to Ruparel Nova is the Line 4 Green, 2.3 km away (under construction · due 2027).
Supply is not evenly spread — one year carries almost half of it.
- 🚇Line 3 AquaOpened 20250.6 km
- 🚇Line 4 GreenUnder construction · due 20272.3 km
- 🚇Line 11 GreenApproved2.3 km
- 🌉Versova-Bandra Sea LinkUnder construction · due 20283.2 km
- 🛣️Coastal Road (Phase 1)Opened 20243.3 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for 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 · 1 wing
165 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: 3 BHK · 2297 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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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 Parel
4
Flats for Rent in Parel
4
Commercial for Sale in Parel
1
Commercial for Lease in Parel
2
Commercial Projects in Parel
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Frequently Asked Questions
Where is Ruparel Nova located?
Ruparel Nova is on Jerbai Wadia Road, Bhoiwada, Parel, Mumbai 400012.
What is the price of Ruparel Nova?
Ruparel Nova is sold out by the developer — resale flats here are listed from ₹1.35 Cr and rentals from ₹58,000 a month. These are current asking prices from live listings on MPE.
What configurations and carpet areas does Ruparel Nova offer?
2 BHK – 826 sq ft carpet; 3 BHK – 2,297 sq ft carpet.
When is possession of Ruparel Nova?
As per MahaRERA, proposed possession is Dec 2024.
Is Ruparel Nova RERA-registered?
Yes — MahaRERA registration P51900019946.
How many units does Ruparel Nova have?
MahaRERA records 165 units across 5 buildings, up to 42 floors.
Who is the developer of Ruparel Nova?
Ruparel Realty (Shree Sukhakarta Developers Pvt.Ltd.) — 34 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Parel?
10 MahaRERA-registered projects in Parel are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Ruparel Nova?
Line 3 Aqua — opened 2025, 0.6 km away; Line 4 Green — under construction · due 2027, 2.3 km away; Line 11 Green — approved, 2.3 km away; Versova-Bandra Sea Link — under construction · due 2028, 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.
