Under Construction
Paramount, Plot No: 379, Telang Cross Rd No. 3, Shankar Mattham Road, Matunga — Under Construction photo
Under Construction MahaRERA registered 3 BHK

ParamountUnder Construction in Matunga

📍 Plot No: 379, Telang Cross Rd No. 3, Shankar Mattham Road, Matunga · by Gala Habitats

₹50,201 /sq ftrecorded rate · confirm area basis and current price
3 BHKConfigurations
1245 sq ftCarpet area
Feb 2030Possession (MahaRERA)
43Units (MahaRERA)
20Floors
24 Jul 2026Last updated

Paramount is a under construction residential project by Gala Habitats at Plot No: 379, Telang Cross Rd No. 3, Shankar Mattham Road, Matunga. The configurations on record are 3 BHK of 1,245 sq ft carpet. Project facts and property enquiries for Paramount, 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

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.

Resale angle

The resale market Paramount competes with

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.

₹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

Paramount on MahaRERA — what to check before you book

Paramount 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
ParamountP51900079704Paramount Vasudha CHS · 20 fl43Feb 2030—

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. 3 BHK and larger first.

For sale
On rent
About

About Paramount

The Rare Edition by Paramount in Matunga Central is an exclusive residential tower featuring bespoke 3 BHK residences with spacious sundecks. Designed with 4 podium levels and 15 residential floors, this premium development offers Vastu-compliant homes with scenic sunset views. Residents can enjoy a range of modern amenities, including a kids’ play area, gymnasium, open mini-theatre, rooftop swimming pool, and juice bar. Located next to Jain Derasar, the project ensures excellent connectivity with schools, colleges, and essential conveniences just a short walk away, along with ample car parking space. Possession is scheduled for December 2027

Lifestyle

Amenities

🏊 Swimming Pool🎪 Kids Play Area🌿 Garden🏠 Clubhouse🎯 Indoor Games💪 Gymnasium🏃 Jogging Track🧘 Yoga Room💆 Spa📹 CCTV🔒 24x7 Security✅ Video Door Phone🔥 Fire Safety🛗 Modern Elevators🛗 AC Lifts🔋 Power Backup🅿️ 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 — Paramount against the ready homes above, for your budget.

FAQ

Paramount — the questions investors ask

What are comparable resale asking prices in Matunga?
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.
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 Paramount MahaRERA registered?
Yes — P51900079704, possession declared Feb 2030.
What can I buy in Matunga today instead?
4 resale listing examples in Matunga are listed on this page — 3 BHK in Praman Splendour at ₹7.25 Cr, 3 BHK in Hubtown Harmony at ₹2.6 Cr and 4 BHK in Dwarkamai Tower at ₹7 Cr. Real Estate Mumbai shows you both routes before you commit.
How do I get the price list or a site visit for Paramount?
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 Paramount?
Paramount is developed by Gala Habitats.
What is the possession status of Paramount?
Paramount is currently Under Construction. Possession: Dec 2027.
Is Paramount RERA registered?
Yes, Paramount is registered with MahaRERA under P51900079704.

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 24 Jul 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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