Thane West · Mumbai
Shraddha Peninsula
Thane West · by Shraddha Prime Project Pvt Ltd (Padmagriha Heights)
Updated Oct 2026
Thane WestPhotos from the project record · tap to enlarge
A first look at Shraddha Peninsula
Shraddha Peninsula is a residential project in Thane West, Mumbai 400608. It is registered with MahaRERA under P51700045788 (registered 2024-07-02). The project has 324 units across 1 building of up to 34 floors. It offers 1 & 2 BHK homes with carpet areas of 358–500 sq ft, priced ₹68.89 Lac–₹95.35 Lac as on 09 Jul 2026 (indicative). The quoted rate is about ₹19,200 per sq ft. MahaRERA proposed possession: Apr 2027.
Ask an advisor to verify current developer inventory and price.
Availability & Pricing
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 WhatsAppUnit configurations filed with MahaRERA (2)
Shraddha Peninsula floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Shraddha Peninsula
Location
Shraddha Peninsula is located in Thane West, Mumbai 400608. Across 2053 recent resale listings on MPE, homes in Thane West have a median asking rate of ₹21,700 per sq ft, and a 2 BHK typically rents for about ₹55,000 a month.
MahaRERA record
The MahaRERA registration number is P51700045788, issued on 2 July 2024. The registered promoter is Padmagriha Heights. The filing lists 1 wing: SHRADDHA PENINSULA with 324 units over 34 floors. Per the registration, the project escrow account is with HDFC Bank.
Homes and prices
Configurations recorded are 1 BHK of 358–380 sq ft at ₹68.89 Lac–₹73.39 Lac; 2 BHK of 477–500 sq ft at ₹91.18 Lac–₹95.35 Lac (carpet area), as on 09 Jul 2026. That works out to about ₹19,100–₹19,300 per sq ft of carpet, 12% 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 46%, structure at 97%, finishing at 61%, services at 43%. Proposed possession is Apr 2027.
Developer track record
Shraddha Prime Project Pvt Ltd has 19 projects tracked on Mumbai Property Exchange, 11 of them delivered (ready or sold out).
Buyer demand in Thane West
In the last 90 days, buyers and tenants registered 54 requirements for Thane West with Mumbai Property Exchange, 20 of them to buy and 21 specifically for 1 & 2 BHK homes.
Developer's description ▾
Thane West market
prices, rents & ratesPrice vs locality
Thane West — resale, rent & yield
This project is quoted around ₹19,179/sqft — 12% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Thane West
Upcoming projects & infrastructure in Thane West
take an informed decision476 MahaRERA projects are due to hand over in Thane West between 2026 and 2030.
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Thane 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
324 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 · 477 sq ft at ₹91.2 L (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% (₹68.4 L here), released stage by stage, so your own money is about ₹22.8 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 ₹59,300/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
13+5 more ▾
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 Thane West
4
Flats for Rent in Thane West
4
Commercial for Sale in Thane West
1
Commercial for Lease in Thane West
2
Commercial Projects in Thane West
Compare Shraddha Peninsula with similarly priced projects nearby
MahaRERA projects nearby in Thane West
Frequently Asked Questions
Where is Shraddha Peninsula located?
Shraddha Peninsula is in Thane West, Mumbai 400608.
What is the price of Shraddha Peninsula?
1 & 2 BHK homes are priced ₹68.89 Lac–₹95.35 Lac as on 09 Jul 2026, about ₹19,200 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Shraddha Peninsula offer?
1 BHK – 358 sq ft carpet at ₹68.89 Lac; 1 BHK – 380 sq ft carpet at ₹73.39 Lac; 2 BHK – 477 sq ft carpet at ₹91.18 Lac; 2 BHK – 500 sq ft carpet at ₹95.35 Lac.
When is possession of Shraddha Peninsula?
As per MahaRERA, proposed possession is Apr 2027.
Is Shraddha Peninsula RERA-registered?
Yes — MahaRERA registration P51700045788, registered 2024-07-02.
How many units does Shraddha Peninsula have?
MahaRERA records 324 units across 21 buildings, up to 34 floors.
Who is the developer of Shraddha Peninsula?
Shraddha Prime Project Pvt Ltd (Padmagriha Heights) — 19 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Thane West?
476 MahaRERA-registered projects in Thane West are due for possession between 2026 and 2030, 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.
