Table of Content:
- Rera Approved Projects In Mumbai #1: Kanakia Sevens
- Rera Approved Projects In Mumbai #2: Sheth Auris Serenity
- Rera Approved Projects In Mumbai #3: Ajmera Treon
- Rera Approved Projects In Mumbai #4: Runwal Forest
- Rera Approved Projects In Mumbai #5: Rustomjee Summit
- Rera Approved Projects In Mumbai #6: Oberoi Esquire
- Rera Approved Projects In Mumbai #7: Runwal Serene
- Rera Approved Projects In Mumbai #8: Hiranandani Castle Rock
- Rera Approved Projects In Mumbai #9: L&T Emerald Isle
- Rera Approved Projects In Mumbai #10: Transcon Triumph
Mumbai is one of the most expensive Indian cities to live in. The prices of RERA approved projects in Mumbai only came down for a small amount of time due to the pandemic. However, the reduced home loan rates and attractive stamp duty concessions pumped energy back into the real estate market. This made the prices for Mumbai real estate start to climb.
However, if you’re looking for some of the best RERA approved projects in Mumbai, or have any plans to buy a home in the city in the near future, you should be looking at a particular type of property. This property should be secure to invest in and ideally ready to move in.
The most secure properties to invest in are the ones that have been approved by the local civil authority. The Real Estate Regulatory Authority, or RERA, is the governing body that regulates construction in the state of Maharashtra. RERA approved projects in Mumbai are the safest investment as they signify government approval and timely possession.
Another way to make a secure property investment is to buy ready-to-move-in apartments. Apartments that are ready for possession help the buyer financially by cutting down on rental expenses. Unless you’re looking to buy a second property and are already living in one, you’ll be spending money every month to pay the rent for a house till you receive possession of your flat in Mumbai. This would double your monthly expenses as now you would be required to pay a monthly mortgage as well.
Buying a ready-to-move-in flat in Mumbai will help you save the rental expense and put it towards your mortgage or savings. To help you find the real estate listings that are both RERA approved and ready to move in, we have curated this list.
These are the 10 RERA approved projects in Mumbai from reputed builders that are also ready to move in.
List Of RERA Approved Projects in Mumbai
1. Kanakia Sevens
One of the benefits of investing in one of the RERA approved projects in Mumbai is that if you as a buyer are not satisfied with the construction, you have the right to file a complaint with the Appellate Tribunal. That's why it is considered wise to invest in RERA approved projects in Mumbai.
One of the best RERA approved projects in Mumbai is Kanakia Sevens under Kanakia Space Realty. This project is situated in Andheri East and offers 1 and 2 bedroom apartments in Mumbai. The estimated price of 1021 Sq.ft Kanakia Sevens is Rs 2.09 Cr. The amenities provided to the residents of this project are a gym, meditation and yoga studio, shopping arcade, and much more.
The RERA ID for Kanakia Sevens is: P51800000388
Check Out: Property Prices & Trends of Kanakia Sevens
2. Sheth Auris Serenity
Constructed by Sheth Creators in the Mumbai suburbs of Malad West is one of the well-known RERA approved projects in Mumbai. The Sheth Auris Serenity is a multi-storey residential project that offers 2 BHK, 3 BHK and 4 BHK flats. The Clicworth estimated range is from INR 3.87 Cr - 4.55 Cr. The project provides its residents with amenities such as a clubhouse, multi-purpose lawn, a meditation and yoga centre, and a swimming pool.
The RERA ID for Sheth Auris Serenity is: P51800001080
3. Ajmera Treon
Another on our list of best RERA approved projects in Mumbai is Ajmera Group’s Ajmera Treon. The project offers 1 BHK, 2 BHK, 3 BHK, and 4 BHK apartments in Wadala East. The estimated price of a 575 Sq.ft is Rs 1.55 Crore. The Project provides amenities like 24x7 security, power backup, badminton and lawn tennis courts, gym area, clubhouse, etc.
The RERA ID for Ajmera Treon is: P51800000776
4. Runwal Forest
Constructed by Runwal Group in the Mumbai suburbs of Kanjurmarg West, Runwal Forest is a multi-storey residential project that offers 1 BHK and 2 BHK flats. The estimated Clicworth price of a 727 sq ft is Rs 1,33,78,012. This RERA approved project in Mumbai provides their residents with amenities such as a clubhouse, multi-purpose lawn, a meditation and yoga centre, and a swimming pool.
The RERA ID for Runwal Forest is: P51800000818
Check Out: Property Prices & Trends of Runwal Forest
5. Rustomjee Summit
Developed by Rustomjee Builders, and the fifth on the list of the RERA approved projects in Mumbai is the Rustomjee Summit, located in Borivali East. The project offers 2 BHK, 3 BHK, and 4 BHK apartments. The estimated price of a 916 sq ft is Rs 2.32 Crore. The project boasts of treated water supply, landscaped gardens, children's play area, elevator, parking, park, and fire-fighting systems.
The RERA ID for Rustomjee Summit is: P51800003590
6. Oberoi Esquire
Another famous RERA approved project in Mumbai on our list is Oberoi Esquire, which is the residential project under the belt of Oberoi Realty. This project is situated in Goregaon East and offers 3 and 4 bedroom apartments in Mumbai. The estimated price of a 1367 sq ft is Rs 4.08 Crore. The amenities provided to the residents of this project are a gym, meditation and yoga studio, shopping arcade, and much more.
The RERA ID for Oberoi Esquire is: P51800005229
7. Runwal Serene
The seventh position of RERA approved projects in Mumbai on our list is taken by Runwal Group’s Runwal Serene. Situated in Chembur, Mumbai, a ready to move residential complex which offers 1 BHK, 2 BHK, and 3 BHK homes. The estimated price of the 737 sq ft is of Rs 1.65 Crore. The amenities provided by the Runwal Group in this project are a fire fighting system, CCTV, 24x7 security, elevator, and power backup.
The RERA ID for Runwal Serene is: P51800000347
8. Hiranandani Castle Rock
Constructed by Hiranandani Group in the Mumbai suburbs of Powai, Hiranandani Castle Rock is a multi-storey residential project that offers 2 BHK apartments. The estimated price of the 854 Sq ft is Rs 3.08 Crore. The project provides its residents with amenities such as a clubhouse, multi-purpose lawn, 24x7-Security, a meditation and yoga centre, and a swimming pool.
The RERA ID for Hiranandani Castle is: P51800000408
Check Out: Property Prices & Trends of Hiranandani Castle Rock
9. L&T Emerald Isle
L&T Realty’s L&T Emerald Isle is a RERA approved project in Mumbai that offers 2 BHK apartments in Powai. The apartment size in this project is 645 sq. ft. and starts at a price of INR 2.03 Crore. The Project provides amenities like 24x7 security, badminton and lawn tennis courts, gym area, clubhouse, etc.
The RERA ID for L&T Emerald Isle is: P51800007280
10. Transcon Triumph
Last of our list of RERA approved projects in Mumbai is developed by Transcon Developers, Transcon Triumph, located in Andheri West. The project offers 2 BHK, 3 BHK, and 4 BHK apartments. The estimated price of 857 Sq.ft is Rs 2.71 Crore. The project boasts of treated water supply, landscaped gardens, children's play area, elevator, parking, park, and fire-fighting systems.
The RERA ID for Transcon Triumph is: P5180000
Conclusion
So, these are the well-known RERA approved projects in Mumbai. If you are interested in buying a property in Mumbai you can look up to these RERA approved projects in Mumbai. With the promised amenities, and reputed developers, these RERA approved projects in Mumbai are worth your investment.
Also read: Know Everything About RERA Act in Maharashtra: MahaRERA