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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
SOLD OUTCompleted/historical project — current inventory unconfirmedMahaRERA P51800000201

Ghatkopar West · Mumbai

The Address Promenade

LBS Marg, Opp R City Mall, Ghatkopar West · by The Wadhwa Group

Updated Oct 2026

507
Units
2019
Possession
4
Buildings
Certificate Signed
Status
SOLD OUT
The Address Promenade is sold out by the developer.We can check resale and rental flats in this building for you.
See resale & lease in this building →

A first look at The Address Promenade

The Address Promenade is a residential project by The Wadhwa Group on LBS Marg, Opp R City Mall, Ghatkopar West, Mumbai 400086. It is registered with MahaRERA under P51800000201 (registered 2017-07-10). The Address Promenade is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 507 units across 4 buildings of up to 26 floors. It offers 2 BHK homes with carpet areas of 649 sq ft. MahaRERA proposed possession: Dec 2019.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Unit configurations filed with MahaRERA (1)
ConfigurationCarpetIndicative Price
2 BHK649–659 ft²₹1.95 Cr–₹1.98 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

The Address Promenade floor plans

2
The Address Promenade, Ghatkopar West — floor plan 1The Address Promenade, Ghatkopar West — floor plan 2

Floor plans are indicative, as shared by the developer, and subject to change.

The Address Promenade videos

About The Address Promenade

Location

The Address Promenade is located on LBS Marg, Opp R City Mall, Ghatkopar West (Mumbai 400086), in the Mumbai Suburban district. Across 16 recent resale listings on MPE, homes in Ghatkopar West have a median asking rate of ₹27,142 per sq ft, and a 2 BHK typically rents for about ₹70,000 a month.

MahaRERA record

The MahaRERA registration number is P51800000201, issued on 10 July 2017. The registered promoter is Wadhwa Residency Pvt. Ltd.. The filing lists 4 wings: Promenade 1 over 26 floors; Promenade 2 over 26 floors; Promenade 3 over 26 floors; Promenade 4 over 26 floors. Per the registration, the architect on record is Sandeep Shikre & Associates and the project escrow account is with IDFC First Bank Ltd.

Homes and prices

Configurations recorded are 2 BHK of 649 sq ft at ₹1.95 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹30,000 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 80%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Dec 2019.

Developer track record

The Wadhwa Group has 61 projects tracked on Mumbai Property Exchange, 52 of them delivered (ready or sold out). Other projects by the same developer include Wadhwa Aravya, Palm Beach Arcade, Artek Park.

Buyer demand in Ghatkopar West

In the last 90 days, buyers and tenants registered 9 requirements for Ghatkopar West with Mumbai Property Exchange, 2 of them to buy and 3 specifically for 2 BHK homes.

Developer's description ▾

The Address Promenade (Prima Residences) is a 22 storied Under Construction Project and the location is LBS Marg, Opp R City Mall, Ghatkopar West and is developed by The Wadhwa Group.

The Address Promenade was launched in Apr 2014 and the possession of the same is likely to be in Dec 2018.

The Address Promenade (Prima Residences) is RERA approved has the Registration Number bearing P51800000201.

The Wadhwa Group also has other under construction and ready possession and sold out projects like Anmol Prestige, Golden Peak , Solitaire, Woodland, Madhuban, Madhuniketan, Savijay, Soonu, Shantivan, Anmol Pride, Imperial Heights, Chinar, Madhur Milan, Trishul, White Lotus, Viceroy Park, Aquaria Grand, Palm Beach Residency, Parwana Tower, River Heaven, Yoga, Horizon, La Paradise, Madhupuri, The Nest, Wadhwa W54, Aquaria Grande B Wing, Amar Jiwan, Om Niwas, Spectrum, Wadhwa Elite, Evergreen Heights, Wadhwa Platina, The Address Promenade, Anmol Fortune F, Wadhwa Atmosphere, 25 South, Wadhwa Courtyard , Wadhwa Wise City.

The Wadhwa Group currently has 1 Ready Possession, 9 Under Construction projects.

The property prices in Ghatkopar West are in the range of 16000 to 18000 for Outright for ready and under construction projects. 

The Address Promenade has good reviews and the ratings of this project are approximately 4 out of 5.

Download the brochure of The Address Promenade(Prima Residences) and you can see the latest digital pictures, Floor Plans, Location Plans & Rate History on our website. The Bookings for the Under Construction project The Address Promenade are open and we can set up a Site Visit any time at your Convenience. The Address Promenade is approved by most of the Banks and for more details on the approved bank list, please connect with us.

Ghatkopar West market

prices, rents & rates

Price vs locality

₹30,046
/sqft · Ghatkopar West rate-band mid-point ₹45,000
33% below mid-point

Ghatkopar West — resale, rent & yield

Resale
₹27,142/sqft
median · 16 listings
Rent
₹101.4/sqft/mo
2 BHK ~₹70,000/mo
Gross yield
4.5%/yr
rent vs resale value

This project is quoted around ₹30,046/sqft — 11% above resale here.

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

Property rates in Ghatkopar West

Residential · Sale
₹35,000–55,000/sqft
Commercial · Sale
₹20,000–50,000/sqft
2 BHK · Rent
₹65,000–125,000/mo

Upcoming projects & infrastructure in Ghatkopar West

take an informed decision

10 MahaRERA projects are due to hand over in Ghatkopar West between 2027 and 2031; the nearest upcoming infrastructure to The Address Promenade is the Line 6 Pink, 1.6 km away (under construction · due 2027).

10
MahaRERA projects handing over in the next 5 years
in Ghatkopar West
₹39,000/sqft▲
typical asking price
rising this quarter
New projects in Ghatkopar West by possession year
0
2027
4
2028
5
2029
1
2030
0
2031

Supply is not evenly spread — one year carries almost half of it.

Metro & infrastructure near The Address Promenade
  • 🚇Line 6 PinkUnder construction · due 20271.6 km
  • 🚇Line 4 GreenUnder construction · due 20271.7 km
📜 150 registered transactions (IGR) on record in Ghatkopar West. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
In the full Ghatkopar West report

🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

RERA record & possession

Possession (proposed)
Dec 2019
Possession (revised)
Dec 2019
MahaRERA No.
P51800000201
Data last updated
Oct 2026
Registered
2017-07-10
Escrow Bank
IDFC First Bank Ltd
Architect
Sandeep Shikre & Associates
Total FSI
34,374

Buildings · 4 wings

Promenade 1 · 26 fl · — u
Promenade 2 · 26 fl · — u
Promenade 3 · 26 fl · — u
Promenade 4 · 26 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation80%
Structure100%
Finishing100%
Services100%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Sanitary Fittings within the flats / premises100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%
Podiums (if any)0%

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 · 649 sq ft at ₹1.95 Cr (the price recorded above).

Due soon after booking~₹1.85 Cr95%, stages already done
Balance till possession~₹9.8 Las the last stages finish
Stamp duty + GST~₹11.7 L + ₹9.8 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% (₹1.46 Cr here), released stage by stage, so your own money is about ₹48.8 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 ₹1.27 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

4
Aluminium Sliding WindowsConcealed WiringPOP WallsFalse Ceiling

Connectivity

Railway
10 min
Airport
20 min
Hospital
10 min
School
15 min

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

Resale Flats for Sale in Ghatkopar West

4

Flats for Rent in Ghatkopar West

4

Commercial for Lease in Ghatkopar West

2

Commercial Projects in Ghatkopar West

More by The Wadhwa Group

MahaRERA projects nearby in Ghatkopar West

Frequently Asked Questions

Where is The Address Promenade located?

The Address Promenade is on LBS Marg, Opp R City Mall, Ghatkopar West, Mumbai 400086.

What is the price of The Address Promenade?

The Address Promenade is sold out by the developer; ask MPE for resale or rental flats in this building.

What configurations and carpet areas does The Address Promenade offer?

2 BHK – 649 sq ft carpet.

When is possession of The Address Promenade?

As per MahaRERA, proposed possession is Dec 2019.

Is The Address Promenade RERA-registered?

Yes — MahaRERA registration P51800000201, registered 2017-07-10.

How many units does The Address Promenade have?

MahaRERA records 507 units across 3 buildings, up to 26 floors.

Who is the developer of The Address Promenade?

The Wadhwa Group — 61 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Ghatkopar West?

10 MahaRERA-registered projects in Ghatkopar West are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near The Address Promenade?

Line 6 Pink — under construction · due 2027, 1.6 km away; Line 4 Green — under construction · due 2027, 1.7 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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