ParamountUnder Construction in Matunga
📍 Plot No: 379, Telang Cross Rd No. 3, Shankar Mattham Road, Matunga · by Gala Habitats
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.
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.
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.
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.
| Phase | MahaRERA no. | Towers · floors | Units | Possession declared | Registered |
|---|---|---|---|---|---|
| Paramount | P51900079704 | Paramount Vasudha CHS · 20 fl | 43 | Feb 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.
Property listings in Matunga
Listed resale and rental options. Reconfirm availability before arranging a viewing. 3 BHK and larger first.
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
Amenities
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.
Paramount — the questions investors ask
What are comparable resale asking prices in Matunga?
Are prices in Matunga rising?
Is Paramount MahaRERA registered?
What can I buy in Matunga today instead?
How do I get the price list or a site visit for Paramount?
Who is the builder of Paramount?
What is the possession status of Paramount?
Is Paramount 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 24 Jul 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 Paramount
Plot No: 379, Telang Cross Rd No. 3, Shankar Mattham Road, Matunga · Gala Habitats