Lower Parel · Mumbai
The Baya Central
Sitaram Jadhav Marg, Lower Parel · by The Baya Company (Renaissance Homes)
Updated Oct 2026
Lower ParelPhotos from the project record · tap to enlarge
A first look at The Baya Central
The Baya Central is a residential project on Sitaram Jadhav Marg, Lower Parel, Mumbai 400013. It is registered with MahaRERA under P51900021103 (registered 2021-09-08). The Baya Central is sold out by the developer — resale flats here are listed from ₹1.95 Cr and rentals from ₹70,000 a month. The project has 156 units across 1 building of up to 21 floors. It offers 1, 2 & 3 BHK homes with carpet areas of 373–745 sq ft. MahaRERA proposed possession: Dec 2025.
1 for sale · 6 for rent in this building right now, listed below.
Unit configurations filed with MahaRERA (2)
Property listings in The Baya Central
The Baya Central floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About The Baya Central
Location
The Baya Central stands on Sitaram Jadhav Marg in Lower Parel, Mumbai 400013, in the Mumbai City district. Across 389 recent resale listings on MPE, homes in Lower Parel have a median asking rate of ₹63,600 per sq ft, and a 2 BHK typically rents for about ₹1.5 Lac a month.
MahaRERA record
The Baya Central is registered with MahaRERA under P51900021103, dated 8 September 2021. The registered promoter is Renaissance Homes. The filing lists 1 wing: The Baya Central with 156 units over 21 floors. According to MahaRERA, the architect on record is Catapult Realty Consultants and the project escrow account is with HDFC Bank.
Homes and prices
Homes on offer are 1 BHK of 373 sq ft at ₹1.41 Cr; 2 BHK of 577 sq ft at ₹2.19 Cr; 3 BHK of 745 sq ft at ₹2.83 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹37,800–₹38,000 per sq ft of carpet, 40% 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 58%, structure at 33%, finishing at 0%, services at 5%. Proposed possession is Dec 2025.
Developer track record
The Baya Company has 9 projects tracked on Mumbai Property Exchange, 7 of them delivered (ready or sold out).
Buyer demand in Lower Parel
In the last 90 days, buyers and tenants registered 29 requirements for Lower Parel with Mumbai Property Exchange, 11 of them to buy and 13 specifically for 1, 2 & 3 BHK homes.
Developer's description ▾
Lower Parel market
prices, rents & ratesPrice vs locality
Lower Parel — resale, rent & yield
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Lower Parel
Upcoming projects & infrastructure in Lower Parel
take an informed decision5 MahaRERA projects are due to hand over in Lower Parel between 2027 and 2031; the nearest upcoming infrastructure to The Baya Central is the Worli-Sewri Connector, 0.4 km away (under construction · due 2026).
Supply is not evenly spread — one year carries almost half of it.
- 🛣️Worli-Sewri ConnectorUnder construction · due 20260.4 km
- 🚇Line 3 AquaOpened 20251.3 km
- 🚇Line 11 GreenApproved1.4 km
- 🛣️Coastal Road (Phase 1)Opened 20241.7 km
- 🌉MTHL / Atal SetuOpened 20243.3 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Lower 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
156 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 · 577 sq ft at ₹2.19 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% (₹1.64 Cr here), released stage by stage, so your own money is about ₹54.8 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 ₹1.43 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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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 Lower Parel
4
Flats for Rent in Lower Parel
4
Commercial for Sale in Lower Parel
1
Commercial for Lease in Lower Parel
2
Commercial Projects in Lower Parel
MahaRERA projects nearby in Lower Parel
Frequently Asked Questions
Where is The Baya Central located?
The Baya Central is on Sitaram Jadhav Marg, Lower Parel, Mumbai 400013.
What is the price of The Baya Central?
The Baya Central is sold out by the developer — resale flats here are listed from ₹1.95 Cr and rentals from ₹70,000 a month. These are current asking prices from live listings on MPE.
What configurations and carpet areas does The Baya Central offer?
1 BHK – 373 sq ft carpet; 2 BHK – 577 sq ft carpet; 3 BHK – 745 sq ft carpet.
When is possession of The Baya Central?
As per MahaRERA, proposed possession is Dec 2025.
Is The Baya Central RERA-registered?
Yes — MahaRERA registration P51900021103, registered 2021-09-08.
How many units does The Baya Central have?
MahaRERA records 156 units across 13 buildings, up to 21 floors.
Who is the developer of The Baya Central?
The Baya Company (Renaissance Homes) — 9 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Lower Parel?
5 MahaRERA-registered projects in Lower Parel are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near The Baya Central?
Worli-Sewri Connector — under construction · due 2026, 0.4 km away; Line 3 Aqua — opened 2025, 1.3 km away; Line 11 Green — approved, 1.4 km away; Coastal Road (Phase 1) — opened 2024, 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.
