AmaraaUnder Construction in Matunga
📍 Dr Babasaheb Ambedkar Marg, opp. Godrej Five Gardens, Matunga · by PrinceCare Realty
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.
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.
| Configuration | Carpet | Matunga rent today | Estimated rent |
|---|---|---|---|
| 2 BHK | 664 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.
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.
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.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Oct 2026 | ₹49,890 | 96.9 | -2.3% | 31 |
| Sep 2026 | ₹51,062 | 99.2 | -1.9% | 53 |
| Aug 2026 | ₹52,040 | 101.1 | +1.1% | 42 |
| Jul 2026 | ₹51,487 | 100.0 | — | 60 |
Real Estate Mumbai price index, computed monthly from live asking prices in Matunga (base 100). Asking, not registered, prices.
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.
| Phase | MahaRERA no. | Towers · floors | Units | Possession declared | Registered |
|---|---|---|---|---|---|
| Princecare Amaraa | P51900077461 | PRINCECARE AMARAA - null · 26 fl | 94 | Sep 2028 | Aug 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.
Property listings in Matunga
Listed resale and rental options. Reconfirm availability before arranging a viewing. 2, BHK and larger first.
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.
Amenities
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.
Amaraa — the questions investors ask
What rent can a flat in Amaraa earn?
What are comparable resale asking prices in Matunga?
Are prices in Matunga rising?
Is Amaraa MahaRERA registered?
What can I buy in Matunga today instead?
How do I get the price list or a site visit for Amaraa?
Who is the builder of Amaraa?
What is the possession status of Amaraa?
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.
Get details on Amaraa
Dr Babasaheb Ambedkar Marg, opp. Godrej Five Gardens, Matunga · PrinceCare Realty