Neral · Mumbai
The Palms
Off Palm Beach Road, Neral · by Metro Group
Updated Oct 2026
NeralPhotos from the project record · tap to enlarge
A first look at The Palms
The Palms is a residential project by Metro Group on Off Palm Beach Road, Neral, Mumbai 400706. It is registered with MahaRERA under P51700000006 (registered 2017-05-23). The Palms is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 79 units across 1 building of up to 17 floors. It offers 5 BHK homes with carpet areas of 3,150 sq ft. MahaRERA proposed possession: Mar 2019.
Ask an advisor to check current resale or rental availability.
Unit configurations filed with MahaRERA (3)
The Palms floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About The Palms
Location
The address of The Palms is Off Palm Beach Road, Neral, Mumbai 400706, in the Thane district.
MahaRERA record
The MahaRERA registration number is P51700000006, issued on 23 May 2017. The registered promoter is Metro Development. The filing lists 1 wing: THE PALMS over 17 floors. Per the registration, the architect on record is Amit N .Patil Architects and the project escrow account is with HDFC Bank.
Homes and prices
The price list covers 5 BHK of 3,150 sq ft at ₹5.5 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹17,500 per sq ft of carpet. Prices are indicative and should be reconfirmed with the developer before booking.
Construction and possession
The latest MahaRERA progress report shows foundation at 100%, structure at 100%, finishing at 73%, services at 94%. Proposed possession is Mar 2019.
Developer track record
Metro Group has 25 projects tracked on Mumbai Property Exchange, 16 of them delivered (ready or sold out). Other projects by the same developer include Metro Excellency, Metro Regalia, Regents Park.
Developer's description ▾
'The Palms' brings the finest of luxuries, 180 degree expansive views, exceptional landscaping, meticulous designing, state-of-the-art features, world class recreations and lifestyle residences.
The Palms is a 13 storied Ready Possession Project with OC and the location is Off Palm Beach Road, Neral and is developed by Metro Group.
The Palms was launched in Oct 2015 and delivered by March 2019. The Palms is RERA approved has the Registration Number bearing P51700000006.
Highlights of The Palms:
- Podium + 13 Storeys Tower
- Ultra-luxurious 2 & 3 BHK lake-facing apartments
- 5 BHK Penthouse with Private Terrace and Barbecue Area
- 2 Wings of Luxurious Living Spaces
- Video Door Phone with Intercom Facility
- Multiple Parking Zones on Two Levels
- Hi-speed Access Controlled Elevators
Metro Group also has other under construction and
ready possession and sold out projects like The Palms, Nakshatra, Swiss
Boulevard, Tulsi Marvel, The Palms.
The property prices in Neral are in the range of to for Outright for ready and under construction projects.
Metro Group currently has 1 Ready Possession, 2 Under Construction projects.
The Palms has good reviews and the ratings of this project are approximately 3.5 out of 5.
You
can download the brochure of The Palms and you can see the latest
digital pictures, Floor Plans, Location Plans & Rate History on our
website. The Bookings for the Ready Possession project The Palms are open and we can set up a Site Visit any time at your Convenience.
The Palms is approved by most of the Banks and for more details on the approved bank list, please connect with us.
Neral market
prices, rents & ratesPrice vs locality
Property rates in Neral
Upcoming projects & infrastructure in Nerul
take an informed decision51 MahaRERA projects are due to hand over in Nerul between 2026 and 2030; the nearest upcoming infrastructure to The Palms is the Line 8 Gold (Airport Express), 2.3 km away (under construction · due 2030).
- 🚇Line 8 Gold (Airport Express)Under construction · due 20302.3 km
- 🛣️Mumbai-Delhi Expressway (Vadodara link)Under construction · due 20282.4 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Nerul, 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
Location
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: 5 BHK · 3150 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
10+2 more ▾
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 Neral
2
Commercial for Sale in Neral
1
Commercial Projects in Neral
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MahaRERA projects nearby in Neral
Frequently Asked Questions
Where is The Palms located?
The Palms is on Off Palm Beach Road, Neral, Mumbai 400706.
What is the price of The Palms?
The Palms is sold out by the developer; ask MPE for resale or rental flats in this building.
What configurations and carpet areas does The Palms offer?
5 BHK – 3,150 sq ft carpet.
When is possession of The Palms?
As per MahaRERA, proposed possession is Mar 2019.
Is The Palms RERA-registered?
Yes — MahaRERA registration P51700000006, registered 2017-05-23.
How many units does The Palms have?
MahaRERA records 79 units across 1 building, up to 17 floors.
Who is the developer of The Palms?
Metro Group — 25 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Nerul?
51 MahaRERA-registered projects in Nerul are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near The Palms?
Line 8 Gold (Airport Express) — under construction · due 2030, 2.3 km away; Mumbai-Delhi Expressway (Vadodara link) — under construction · due 2028, 2.4 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.
