1.5 BHK · For sale
₹2.3 crore
530 sq ft carpet
Fully Furnished
Last verification recorded: 8 Oct 2026
📍 Bhandarkar Road, Opp. Matunga Kaburtarkhana, Matunga · by Shree Naman Group
Mahavir Ville is a sold out residential project by Shree Naman Group at Bhandarkar Road, Opp. Matunga Kaburtarkhana, Matunga. The configurations on record are 3 & 5 BHK of 1,026, 1,035, 1,401, 1,451, 1,555 and 2,359 sq ft carpet. Project facts and property enquiries for Mahavir Ville, Matunga. Recorded developer status is separate from resale and rental availability; reconfirm each listing.
Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995
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.
7 recent 3 BHK residential asking-price observations in Matunga: median ₹4 Cr, or ₹49,524 per sq ft of carpet. The middle half asks ₹45,264–₹57,545 per sq ft. These are listing observations, not unique homes or registered transactions.
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.
Mahavir Ville 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 |
|---|---|---|---|---|---|
| Mahavir Ville | P51900020220 | MAHAVIR VILLE 1 TO 28 - WING C · 35 fl, MAHAVIR VILLE 29-36 - WING C · 9 fl | — | Jun 2028 | — |
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.
Listed resale and rental options. Reconfirm availability before arranging a viewing. 3 BHK and larger first.
Mahavir Ville is a grand portrayal of wold-class architecture and engineering with distinctive features like an elevated e-deck and a good apartment to parking ratio. For those who wish to live in the new world of luxury without giving up the old charm of simplicity, Mahavir Ville makes the perfect abode. Mahavir Ville is a 33 storied Under Construction Project and the location is Mahavir Compound, Matunga and is developed by Shree Naman Group. Mahavir Ville was launched in Apr 2016 and the possession of the same is likely to be in Jun 2024. Mahavir Ville is RERA approved has the Registration Number bearing P51900020220. Mahavir Ville is tagged as RERA Approved / Investors Delight / Self Use / Lifestyle Property / Premium Property / RERA Approved. Shree Naman Group also has other under construction and ready possession and sold out projects like Naman Habitat, Naman Residency, Naman Premier, 126 Florencio, Mahavir Ville. The property prices in Matunga are in the range of 28000 to 32000 for Outright for ready and under construction projects. Shree Naman Group currently has 1 Ready Possession, 4 Under Construction projects. Mahavir Ville has good reviews and the ratings of this project are approximately 4 out of 5.
Browse 3 eligible listing records · checked 2026-10-16. Records may represent multiple offers for the same home; availability is subject to reconfirmation.
₹2.3 crore
530 sq ft carpet
Fully Furnished
Last verification recorded: 8 Oct 2026
₹4.2 crore
850 sq ft carpet
Last verification recorded: 18 Sep 2026
₹1.85 crore
425 sq ft carpet
Last verification recorded: 28 Aug 2026
Want the other side of the argument? Ask for our second opinion on WhatsApp — Mahavir Ville against the ready homes above, for your budget.
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.
Bhandarkar Road, Opp. Matunga Kaburtarkhana, Matunga · Shree Naman Group