Parel · Mumbai
Sobha Inizio
Parel · by Sobha Ltd
Updated Oct 2026
ParelPhotos from the project record · tap to enlarge
A first look at Sobha Inizio
Sobha Inizio is a residential project in Parel, Mumbai 400015. It is registered with MahaRERA under PR1170002501523 (registered 2025-11-21). The project has 312 units across 1 building of up to 68 floors. It offers 2 & 3 BHK homes with carpet areas of 847–1,224 sq ft, priced ₹4.5 Cr–₹6.5 Cr as on 08 Aug 2026 (indicative). The quoted rate is about ₹53,100 per sq ft. MahaRERA proposed possession: Jul 2034.
Ask an advisor to verify current developer inventory and price.
Availability & Pricing
Prices as on 08 Aug 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.
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About Sobha Inizio
Location
Sobha Inizio is located in Parel, Mumbai 400015, in the Mumbai City district. Across 355 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
The MahaRERA registration number is PR1170002501523, issued on 21 November 2025. The registered promoter is Sobha Limited. The filing lists 1 wing: SALE BUILDING NO.2 with 312 units over 68 floors. Per the registration, the architect on record is Wilson and the project escrow account is with RBL Bank Ltd.
Homes and prices
The price list covers 2 BHK of 847 sq ft at ₹4.5 Cr; 3 BHK of 1,021–1,224 sq ft at ₹5.5 Cr–₹6.5 Cr (carpet area), as on 08 Aug 2026. That works out to about ₹53,100–₹53,900 per sq ft of carpet, 11% 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 6%, structure at 0%, finishing at 0%, services at 0%. Proposed possession is Jul 2034.
Developer track record
Sobha Ltd has 4 projects tracked on Mumbai Property Exchange, 3 of them delivered (ready or sold out). Other projects by the same developer include Riddhi Siddhi.
Buyer demand in Parel
In the last 90 days, buyers and tenants registered 18 requirements for Parel with Mumbai Property Exchange, 4 of them to buy and 5 specifically for 2 & 3 BHK homes.
Parel market
prices, rents & ratesPrice vs locality
Parel — resale, rent & yield
This project is quoted around ₹53,129/sqft — 11% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Parel
Upcoming projects & infrastructure in Parel
take an informed decision11 MahaRERA projects are due to hand over in Parel between 2027 and 2031; the nearest upcoming infrastructure to Sobha Inizio is the Worli-Sewri Connector, 0.9 km away (under construction · due 2026).
Supply is not evenly spread — one year carries almost half of it.
- 🛣️Worli-Sewri ConnectorUnder construction · due 20260.9 km
- 🚇Line 11 GreenApproved1.1 km
- 🌉MTHL / Atal SetuOpened 20241.4 km
- 🚇Line 4 GreenUnder construction · due 20271.8 km
- 🚇Line 3 AquaOpened 20253.1 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
312 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 · 1021 sq ft at ₹5.50 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% (₹4.12 Cr here), released stage by stage, so your own money is about ₹1.38 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 ₹3.58 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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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 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 Sobha Inizio located?
Sobha Inizio is in Parel, Mumbai 400015.
What is the price of Sobha Inizio?
2 & 3 BHK homes are priced ₹4.5 Cr–₹6.5 Cr as on 08 Aug 2026, about ₹53,100 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Sobha Inizio offer?
2 BHK – 847 sq ft carpet at ₹4.5 Cr; 3 BHK – 1,021 sq ft carpet at ₹5.5 Cr; 3 BHK – 1,224 sq ft carpet at ₹6.5 Cr.
When is possession of Sobha Inizio?
As per MahaRERA, proposed possession is Jul 2034.
Is Sobha Inizio RERA-registered?
Yes — MahaRERA registration PR1170002501523, registered 2025-11-21.
How many units does Sobha Inizio have?
MahaRERA records 312 units across 5 buildings, up to 68 floors.
Who is the developer of Sobha Inizio?
Sobha Ltd — 4 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Parel?
11 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 Sobha Inizio?
Worli-Sewri Connector — under construction · due 2026, 0.9 km away; Line 11 Green — approved, 1.1 km away; MTHL / Atal Setu — opened 2024, 1.4 km away; Line 4 Green — under construction · due 2027, 1.8 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.
