Fernvel Sold Out in Santacruz West
Fernvel in East Ave, Santacruz West by P R Builders is a sold out 2 & 3 BHK residential project at ₹29,294/sq ft, MahaRERA possession Dec 2025. Ready resale 2 BHK flats in Santacruz West ask a median ₹55,659 per sq ft carpet. Updated 6 Mar 2026.
📍 East Ave,, Santacruz West · by P R Builders
Fernvel is a sold out residential project by P R Builders at East Ave, Santacruz West. The configurations on record are 2 & 3 BHK, about 700–1,600 sq ft carpet. Project facts and property enquiries for Fernvel, Santacruz West. Recorded developer status is separate from resale and rental availability; reconfirm each listing.
Mumbai Property Exchange (MahaRERA agent A51800043517) · Real Estate Mumbai · since 1995
Fernvel floor plans
Plans as shared by the developer; check the carpet area in the MahaRERA record and the agreement.
Fernvel carpet area and sizes
| Configuration | Carpet area | Developer price from | For sale | On rent |
|---|---|---|---|---|
| 2 BHK | 768–867 sq ft | — | — | — |
| 3 BHK | 1,246–1,567 sq ft | — | — | — |
Carpet area as the typical range (10th to 90th percentile) of recorded configurations and listings.
2 BHK flats in Fernvel
2 BHK at Fernvel, Santacruz West: carpet 768–867 sq ft.
3 BHK flats in Fernvel
3 BHK at Fernvel, Santacruz West: carpet 1,246–1,567 sq ft.
Fernvel: price, rent, infrastructure and growth
| Measure | Figure | What it means |
|---|---|---|
| Project pricing | ₹29,294 /sq ft · ₹2.25 Cr – ₹4.59 Cr | Developer rate on record. Confirm the carpet basis and current price list. |
| Santacruz West micro-market rate | ₹61,527 /sq ft | Resale median across 302 live Santacruz West listings; middle half ₹52,300–₹70,000. This project asks 52% less than resale. |
| Rent potential | ₹213 /sq ft a month · 2 BHK ≈ ₹1.34 Lakh/mo | Median asking rent in Santacruz West, 148 live listings. At the project rate that is about 8.7% gross a year before costs. |
| Scope of capital appreciation | Good | Because of: priced close to (or below) ready resale; rental yield around 8.7%. Our reading of the figures above, not a forecast or advice. Speak to our team before you invest. |
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 Fernvel would rent for
Indicative monthly asking rents use at least five recent, comparable residential listing observations of the same BHK configuration in Santacruz West. These are locality comparisons, not confirmed rents achieved in Fernvel.
Estimated monthly asking rent: 2 BHK: ₹1.34 Lakh, 2 BHK: ₹1.51 Lakh and 3 BHK: ₹2.7 Lakh.
| Configuration | Carpet | Santacruz West rent today | Estimated rent |
|---|---|---|---|
| 2 BHK | Members | ₹174/sq ft/mo (32 observations) | ≈ ₹1.34 Lakh/mo |
| 2 BHK | Members | ₹174/sq ft/mo (32 observations) | ≈ ₹1.51 Lakh/mo |
| 3 BHK | Members | ₹217/sq ft/mo (75 observations) | ≈ ₹2.7 Lakh/mo |
| 3 BHK | Members | ₹217/sq ft/mo (75 observations) | ≈ ₹3.4 Lakh/mo |
Estimate = carpet area (members see it) × the live median rent per sq ft for that configuration in Santacruz West on Real Estate Mumbai. Indicative locality comparison; reconfirm property-specific terms.
The resale market Fernvel competes with
68 recent 2 BHK residential asking-price observations in Santacruz West: median ₹4.33 Cr, or ₹55,659 per sq ft of carpet. The middle half asks ₹47,419–₹62,924 per sq ft. These are listing observations, not unique homes or registered transactions.
Where Santacruz West prices are moving
Real Estate Mumbai's Santacruz West price index reads 108.9 for Nov 2026 (base 100), a median asking ₹60,648 per sq ft across 706 listings, down 0.1% on the month. By configuration: 1 BHK ₹50,753, 2 BHK ₹55,555, 3 BHK ₹63,786, 4 BHK+ ₹72,500 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Nov 2026 | ₹60,648 | 108.9 | -0.1% | 706 |
| Oct 2026 | ₹60,693 | 109.0 | +3.8% | 691 |
| Sep 2026 | ₹58,457 | 105.0 | +2.3% | 805 |
| Aug 2026 | ₹57,166 | 102.7 | +2.7% | 665 |
| Jul 2026 | ₹55,675 | 100.0 | — | 631 |
Real Estate Mumbai price index, computed monthly from live asking prices in Santacruz West (base 100). Asking, not registered, prices.
Fernvel MahaRERA and possession
Fernvel 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 |
|---|---|---|---|---|---|
| Fernvel | P51800034670 | FERNEL · 15 fl | 10 | Dec 2025 | May 2024 |
Scan to verify on MahaRERA
MahaRERA agent: Mumbai Property Exchange, registration no. A51800043517 (operator of Real Estate Mumbai).
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.
Everything we do in Santacruz West
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Property listings in Santacruz West
Listed resale and rental options. Reconfirm availability before arranging a viewing. 2 BHK and larger first.
Amenities
Next steps — clarity before you step out
Want the other side of the argument? Ask for our second opinion on WhatsApp — Fernvel against the ready homes above, for your budget.
Fernvel — the questions investors ask
What is the price of Fernvel, Santacruz West?
What rent can a flat in Fernvel earn?
What are comparable resale asking prices in Santacruz West?
Are prices in Santacruz West rising?
Is Fernvel MahaRERA registered?
What can I buy in Santacruz West today instead?
How do I get the price list or a site visit for Fernvel?
Who is the builder of Fernvel?
What is the possession status of Fernvel?
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 06 Mar 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 Fernvel
East Ave,, Santacruz West · P R Builders