Florence Sold Out in Lower Parel
Florence in N. M. Joshi Marg, Lower Parel by Soundlines Realty is a sold out 1 BHK residential project at ₹38,461/sq ft, MahaRERA possession Jun 2022. Updated 6 Mar 2026.
📍 N. M. Joshi Marg, Lower Parel · by Soundlines Realty
Florence is a sold out residential project by Soundlines Realty at N. M. Joshi Marg, Lower Parel. The configurations on record are 1 BHK, about 400–500 sq ft carpet. Project facts and property enquiries for Florence, Lower Parel. Recorded developer status is separate from resale and rental availability; reconfirm each listing.
Mumbai Property Exchange (MahaRERA agent A51800043517) · Real Estate Mumbai · since 1995
Florence floor plans
Plans as shared by the developer; check the carpet area in the MahaRERA record and the agreement.
Florence carpet area and sizes
| Configuration | Carpet area | Developer price from | For sale | On rent |
|---|---|---|---|---|
| 1 BHK | 403 sq ft | — | — | — |
Carpet area as the typical range (10th to 90th percentile) of recorded configurations and listings.
1 BHK flats in Florence
1 BHK at Florence, Lower Parel: carpet 403 sq ft.
Florence: price, rent, infrastructure and growth
| Measure | Figure | What it means |
|---|---|---|
| Project pricing | ₹38,461 /sq ft · ₹1.55 Cr | Developer rate on record. Confirm the carpet basis and current price list. |
| Lower Parel micro-market rate | ₹66,553 /sq ft | Resale median across 180 live Lower Parel listings; middle half ₹53,832–₹76,932. This project asks 42% less than resale. |
| Rent potential | ₹240 /sq ft a month | Median asking rent in Lower Parel, 240 live listings. At the project rate that is about 7.5% gross a year before costs. |
| Infrastructure potential | Metro Line 3 | Already open: Coastal Road. To BKC: about 25 min today, 10 min once Metro Line 3 + Coastal Rd is fully running (complete). |
| Scope of capital appreciation | Good | Because of: priced close to (or below) ready resale; rental yield around 7.5%; new transport links still to open. Our reading of the figures above, not a forecast or advice. Speak to our team before you invest. |
About these comparisons
There are not enough recent, comparable observations to publish a rental estimate for this project's recorded configurations. 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.
Where Lower Parel prices are moving
Real Estate Mumbai's Lower Parel price index reads 108.7 for Nov 2026 (base 100), a median asking ₹59,473 per sq ft across 474 listings, down 0.3% on the month. By configuration: 1 BHK ₹44,000, 2 BHK ₹60,649, 3 BHK ₹63,636, 4 BHK+ ₹69,606 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Nov 2026 | ₹59,473 | 108.7 | -0.3% | 474 |
| Oct 2026 | ₹59,679 | 109.1 | +0.9% | 449 |
| Sep 2026 | ₹59,124 | 108.1 | +0.9% | 514 |
| Aug 2026 | ₹58,595 | 107.1 | +7.1% | 380 |
| Jul 2026 | ₹54,699 | 100.0 | — | 405 |
Real Estate Mumbai price index, computed monthly from live asking prices in Lower Parel (base 100). Asking, not registered, prices.
Florence MahaRERA and possession
Florence 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 |
|---|---|---|---|---|---|
| Florence | P51900005054 | FLORENCE · 23 fl | — | Jun 2022 | Sep 2021 |
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 Lower Parel
Homes to rent and buy, new projects under construction, and offices to lease or buy — one Real Estate Mumbai team for all of it.
Property listings in Lower Parel
Listed resale and rental options. Reconfirm availability before arranging a viewing. 1 BHK and larger first.
About Florence
Florence by Soundlines Realty is Located majestically in the bustling precinct of Currey road, the towering opulence is one of the few luxury properties in South Mumbai that houses premium commercial spaces in the lower floors, a seamless confluence of utility and style. Florence is a 22 storied Under Construction Project and the location is N. M. Joshi Marg, Lower Parel and is developed by Soundlines Realty. Florence was launched in Feb 2013 and the possession of the same is likely to be in Jun 2021. Florence is RERA approved has the Registration Number bearing P51900005054. The property prices in Lower Parel are in the range of 24000 to 28000 for Outright for ready and under construction projects. Florence has good reviews and the ratings of this project are approximately 2 out of 5. You can download the brochure of Florence and you can see the latest digital pictures, Floor Plans, Location Plans & Rate History on our website. The Bookings for the Under Construction project Florence are open and we can set up a Site Visit any time at your Convenience.
Amenities
Next steps — clarity before you step out
Want the other side of the argument? Ask for our second opinion on WhatsApp — Florence against the ready homes above, for your budget.
Florence — the questions investors ask
What is the price of Florence, Lower Parel?
Are prices in Lower Parel rising?
Is Florence MahaRERA registered?
What can I buy in Lower Parel today instead?
How do I get the price list or a site visit for Florence?
Who is the builder of Florence?
What is the possession status of Florence?
Is Florence RERA registered?
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 Florence
N. M. Joshi Marg, Lower Parel · Soundlines Realty