Under Construction
Amaraa, Dr Babasaheb Ambedkar Marg, opp. Godrej Five Gardens, Matunga — Under Construction photo
Under Construction MahaRERA registered 2, 3, 4 & 5 BHK

AmaraaUnder Construction in Matunga

📍 Dr Babasaheb Ambedkar Marg, opp. Godrej Five Gardens, Matunga · by PrinceCare Realty

₹51,000 /sq ftrecorded rate · confirm area basis and current price
2, 3, 4 & 5 BHKConfigurations
664 / 979 / 1332 / 1988 sq ftCarpet area
Sep 2028Possession (MahaRERA)
94Units (MahaRERA)
33Floors
21 Apr 2026Last updated

Amaraa is a under construction residential project by PrinceCare Realty at Dr Babasaheb Ambedkar Marg, opp. Godrej Five Gardens, Matunga. The configurations on record are 2, 3, 4 & 5 BHK of 664, 979, 1,332 and 1,988 sq ft carpet. Project facts and property enquiries for Amaraa, Matunga. Recorded developer status is separate from resale and rental availability; reconfirm each listing.

Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995

About these comparisons

Comparisons use listing verification recorded within 90 days, exclude approximate carpet areas and collapse matching building/configuration/price/area records. Each reported configuration needs at least five observations. This does not certify availability; reconfirm the unit and measurement. Gross yield is omitted because the project price basis and date have not been independently matched.

Rental angle

What a flat in Amaraa would rent for

Indicative monthly asking rents use at least five recent, comparable residential listing observations of the same BHK configuration in Matunga. These are locality comparisons, not confirmed rents achieved in Amaraa.

Estimated monthly asking rent: 2 BHK (664 sq ft carpet): ₹1.14 L.

ConfigurationCarpetMatunga rent todayEstimated rent
2 BHK664 sq ft₹171/sq ft/mo (7 observations)≈ ₹1.14 L/mo

Estimate = carpet area × the live median rent per sq ft for that configuration in Matunga on Real Estate Mumbai. Indicative locality comparison; reconfirm property-specific terms.

Resale angle

The resale market Amaraa competes with

13 recent 2 BHK residential asking-price observations in Matunga: median ₹4.2 Cr, or ₹49,801 per sq ft of carpet. The middle half asks ₹46,875–₹53,817 per sq ft. These are listing observations, not unique homes or registered transactions.

₹49,8012 BHK resale median /sq ft · 13 live
₹49,5243 BHK resale median /sq ft · 7 live
₹50,2824 BHK resale median /sq ft · 5 live
₹177rent /sq ft/mo · 12 live rentals
Price index

Where Matunga prices are moving

Real Estate Mumbai's Matunga price index reads 96.9 for Oct 2026 (base 100), a median asking ₹49,890 per sq ft across 31 listings, down 2.3% on the month. By configuration: 2 BHK ₹49,499, 4 BHK+ ₹50,282 per sq ft.

MonthMedian asking ₹/sq ftIndexm/mListings
Oct 2026₹49,89096.9-2.3%31
Sep 2026₹51,06299.2-1.9%53
Aug 2026₹52,040101.1+1.1%42
Jul 2026₹51,487100.0—60

Real Estate Mumbai price index, computed monthly from live asking prices in Matunga (base 100). Asking, not registered, prices.

Registry

Amaraa on MahaRERA — what to check before you book

Amaraa is registered. The registry is the only document that binds the developer on possession dates, carpet areas and what is built; read it before any token.

PhaseMahaRERA no.Towers · floorsUnitsPossession declaredRegistered
Princecare AmaraaP51900077461PRINCECARE AMARAA - null · 26 fl94Sep 2028Aug 2024

Registry link opens the MahaRERA record. Possession dates on the registry can be revised by the developer under the Act; we refresh this table as the record changes.

Our stock

Property listings in Matunga

Listed resale and rental options. Reconfirm availability before arranging a viewing. 2, BHK and larger first.

For sale
On rent
About

About Amaraa

Experience elevated living at Amaraa, a G+33 storey tower near Five Gardens, Matunga East. Offering exclusive 2 & 3 BHK corner residences with panoramic city and sea views, full-length French windows, and 4 high-speed elevators. These IGBC Gold-certified, Vaastu-compliant homes come with 20+ lifestyle amenities including a swimming pool, rooftop wellness zone, and more. Plinth completed. Possession in 2 years. A premium address in one of Mumbai’s most iconic neighbourhoods.

Lifestyle

Amenities

🏊 Swimming Pool🎪 Kids Play Area🌿 Garden🏠 Clubhouse🎯 Indoor Games🎭 Multipurpose Hall💪 Gymnasium🏃 Jogging Track🧘 Yoga Room💆 Spa✅ Sports Court📹 CCTV🔒 24x7 Security✅ Video Door Phone🔥 Fire Safety📞 Intercom🛗 Modern Elevators🛗 AC Lifts🔋 Power Backup✅ Water Harvesting🅿️ Parking🅿️ Visitor Parking🔧 Concealed Wiring🔧 Concealed Plumbing
Take it further

Next steps — clarity before you step out

Want the other side of the argument? Ask for our second opinion on WhatsApp — Amaraa against the ready homes above, for your budget.

FAQ

Amaraa — the questions investors ask

What rent can a flat in Amaraa earn?
Indicative monthly asking rents use at least five recent, comparable residential listing observations of the same BHK configuration in Matunga. These are locality comparisons, not confirmed rents achieved in Amaraa. Estimated monthly asking rent: 2 BHK (664 sq ft carpet): ₹1.14 L.
What are comparable resale asking prices in Matunga?
13 recent 2 BHK residential asking-price observations in Matunga: median ₹4.2 Cr, or ₹49,801 per sq ft of carpet. The middle half asks ₹46,875–₹53,817 per sq ft. These are listing observations, not unique homes or registered transactions.
Are prices in Matunga rising?
Real Estate Mumbai's Matunga price index reads 96.9 for Oct 2026 (base 100), a median asking ₹49,890 per sq ft across 31 listings, down 2.3% on the month. By configuration: 2 BHK ₹49,499, 4 BHK+ ₹50,282 per sq ft.
Is Amaraa MahaRERA registered?
Yes — P51900077461, possession declared Sep 2028.
What can I buy in Matunga today instead?
4 resale listing examples in Matunga are listed on this page — 2 BHK in Hubtown Harmony at ₹1.9 Cr, 2 BHK in Aangan at ₹4.25 Cr and 3 BHK in Praman Splendour at ₹7.25 Cr. Real Estate Mumbai shows you both routes before you commit.
How do I get the price list or a site visit for Amaraa?
WhatsApp Real Estate Mumbai on +91 98200 75868 or leave your number on this page. We share the price list, brochure and a site-visit or video-walkthrough slot on WhatsApp — no forms, no developer calls unless you ask.
Who is the builder of Amaraa?
Amaraa is developed by PrinceCare Realty.
What is the possession status of Amaraa?
Amaraa is currently Under Construction. Possession: May 2028.

Rents, resale prices and the price index on this page are computed from live listings on Real Estate Mumbai and refresh automatically; project facts are as declared to MahaRERA or recorded by our team (updated 21 Apr 2026). Indicative, not an offer; verify with the developer and on MahaRERA before deciding. Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995.

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