The GrandUnder Construction in Lower Parel
📍 Off Pandurang Budhkar Marg, Lower Parel · by Bhojwani Builders
The Grand is a under construction residential project by Bhojwani Builders at Off Pandurang Budhkar Marg, Lower Parel. The configurations on record are 4 & 5 BHK of 3,000 and 6,000 sq ft carpet. Project facts and property enquiries for The Grand, Lower Parel. Recorded developer status is separate from resale and rental availability; reconfirm each listing.
Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995
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 The Grand would rent for
Indicative monthly asking rents use at least five recent, comparable residential listing observations of the same BHK configuration in Lower Parel. These are locality comparisons, not confirmed rents achieved in The Grand.
Estimated monthly asking rent: 4 BHK (3,000 sq ft carpet): ₹8.91 L.
| Configuration | Carpet | Lower Parel rent today | Estimated rent |
|---|---|---|---|
| 4 BHK | 3,000 sq ft | ₹297/sq ft/mo (59 observations) | ≈ ₹8.91 L/mo |
Estimate = carpet area × the live median rent per sq ft for that configuration in Lower Parel on Real Estate Mumbai. Indicative locality comparison; reconfirm property-specific terms.
The resale market The Grand competes with
56 recent 4 BHK residential asking-price observations in Lower Parel: median ₹17 Cr, or ₹69,606 per sq ft of carpet. The middle half asks ₹62,136–₹81,308 per sq ft. These are listing observations, not unique homes or registered transactions.
Where Lower Parel prices are moving
Real Estate Mumbai's Lower Parel price index reads 109.7 for Oct 2026 (base 100), a median asking ₹59,991 per sq ft across 412 listings, up 1.5% on the month. By configuration: 1 BHK ₹44,449, 2 BHK ₹58,394, 3 BHK ₹66,666, 4 BHK+ ₹70,454 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Oct 2026 | ₹59,991 | 109.7 | +1.5% | 412 |
| 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.
The Grand on MahaRERA — what to check before you book
The Grand 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 |
|---|---|---|---|---|---|
| Tower No | P51900076793 | BUILDING NO 1 - A WING · 50 fl, BUILDING NO 1- B WING · 50 fl | 103 | May 2028 | Jul 2024 |
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 Lower Parel
Listed resale and rental options. Reconfirm availability before arranging a viewing. 4 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 — The Grand against the ready homes above, for your budget.
The Grand — the questions investors ask
What rent can a flat in The Grand earn?
What are comparable resale asking prices in Lower Parel?
Are prices in Lower Parel rising?
Is The Grand MahaRERA registered?
What can I buy in Lower Parel today instead?
How do I get the price list or a site visit for The Grand?
Who is the builder of The Grand?
What is the possession status of The Grand?
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 12 Oct 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 The Grand
Off Pandurang Budhkar Marg, Lower Parel · Bhojwani Builders
