The Prestige Place Mumbai Current Project Status

Published On: 27 October 2026

The Prestige Place Mumbai current project status is in the early pre-launch stage on a big 15-acre plot in Thane West, and the builders are taking early bookings while waiting for the final MahaRERA approval. This grand project brings 2,900 beautiful homes inside 8 very tall towers that reach 44 to 55 floors, with the goal of handing over all keys by December 2031.

Families can easily choose from 1, 2, 3, or 4 BHK flats sized between 600 sq. ft. and 2,400 sq. ft., where prices start from ₹99 Lakhs up to ₹3.96 Crores using a simple 10-step payment plan. The builder leaves 30% of the area, which is about 4.5 acres, completely open for green parks, so only 193 families share an acre right next to Ghodbunder Road and the new Metro Line 4.

Current Project Status and Ground Execution

The Prestige Place Mumbai current project status shows active ground work today. Workers are flattening the dirt and testing the soil. The builder is simply waiting to get the final MahaRERA number.

Teams have built strong fences around the full 15-acre land. They set up drills to check the earth deeply. Workers also laid down stone roads so big trucks can drive in and out safely.

Booking Status: Pre-launch token bookings and early EOI forms are currently open for buyers.
MahaRERA Approval: The builder has submitted the legal documents to the housing authority and expects the MahaRERA registration number soon.
Site Preparation: Workers have cleared the bushes, leveled the ground, and marked the drainage lines for the site.
Target Handover: The builder plans to complete the project and hand over the homes by December 2031.

Early buyers can book homes at a special launch rate of ₹16,500 per sq. ft. Full basement digging and foundation concrete work will start right after government approvals arrive.

Project Status: 15-Acre Master Plan and Layout

The Prestige Place Mumbai master plan reserves 30% of its 15-acre space (~4.5 acres) for green lawns and open outdoor play areas. Its 8 tall towers reach G+44 to G+55 floors and sit with wide gaps between them to let in a cool breeze and bright sunshine.

Master Plan Detail	Project Fact	Real Buyer Benefit
Total Land Area	15.00 Acres	Safe and private gated community
Open Space Area	30% Green Lawns (~4.5 Acres)	Lots of open space and fresh outdoor air
Ground Footprint	38% Built Area (~5.7 Acres)	Plenty of open room between buildings
Tower Count & Height	8 Tall Towers (G+44 to G+55)	Clear, long views of the green Yeoor Hills
Homes Per Acre	~193 Units Per Acre	Less crowd than old central Mumbai streets
Floor Space Index (FSI)	~5.13x (TDR & Fungible FSI)	Big room layouts and grand entrance lobbies

Car roads run along the outer boundary wall so kids and elders can walk safely in the central parks. The basement floors feature fast passenger lifts, dedicated service elevators, and charging points for electric cars.

Project Status: Unit Types, Carpet Sizes, and Price List

The Prestige Place Mumbai inventory offers 2,900 flats, with popular 2 BHK and 3 BHK designs making up 75% of the total homes. Every home design cuts out long, wasted hallways so you get more usable living space and full-day sunlight.

1 BHK Flats (580 Total Units / 20%): Sizes range from 600 sq. ft. to 700 sq. ft., with prices starting at ₹99 Lakhs.
2 BHK Flats (1,305 Total Units / 45%): Sizes range from 900 sq. ft. to 1,100 sq. ft., with prices starting at ₹1.49 crore.
3 BHK Flats (870 Total Units / 30%): Sizes range from 1,400 sq. ft. to 1,700 sq. ft., with prices starting at ₹2.81 Crores.
4 BHK Flats (145 Total Units / 5%): Sizes range from 2,000 sq. ft. to 2,400 sq. ft., with prices between ₹3.30 Crores and ₹3.96 Crores.

Base flat prices do not include government charges like the 6% Maharashtra stamp duty, flat registration fees, GST, and advance society maintenance funds. The final cost changes depending on the floor height you pick, corner flat options, and direct park views.

Project Status: Construction Linked Payment (CLP) Schedule

The Prestige Place Mumbai payment structure runs on a simple 10-step Construction Linked Payment (CLP) plan that asks for money only as site work moves ahead. Buyers pay an initial 10% booking token to pick their flat, followed by 10% when signing the official sale contract.

Step 1 (10%): Pay the booking token to confirm your flat choice.
Step 2 (10%): Pay when you sign and register the Agreement for Sale.
Step 3 (10%): Pay once deep site digging and earthmoving wrap up.
Step 4 (10%): Pay when workers complete the flat plinth base.
Step 5 (10%): Pay after the lower parking floors and basement slabs are cast.
Step 6 (10%): Pay in parts as residential middle floor slabs go up.
Step 7 (10%): Pay once the topmost roof slab is set in place.
Step 8 (10%): Pay after indoor wall plaster and room floor tiles are done.
Step 9 (10%): Pay when water pipes, electrical lines, and lifts are fitted.
Step 10 (10%): Pay the final share on Occupancy Certificate (OC) and key handover.

Routine monthly society upkeep is set at a fair rate of ₹8 per sq. ft. The builder will collect an advance 24-month maintenance fee of ₹120 per sq. ft. before handovers to keep parks and clubhouses clean.

Project Status: Transit and Infrastructure Connectivity

The Prestige Place location in Thane West links directly to Ghodbunder Road, the Eastern Express Highway, and major transport stops. This smart location helps office workers drive easily to business parks in BKC, Airoli, and Powai every day.

Thane Railway Station: Sits 6.5 km away, giving you quick local train rides into South Mumbai and Navi Mumbai.
Mumbai Metro Line 4: Has planned stations close by to save daily road travel time across town.
National Highway 48 (NH-48): Gives a straight road link across to Borivali and the Western suburbs.
Daily Conveniences: Top spots like Singhania School, Jupiter Hospital, and Viviana Mall are all within 3 to 7 km.

The upcoming Thane-Borivali underground twin tunnels will bring travel time to the Western suburbs down to just 20 minutes, boosting local home values.

FAQs

1. What is the current construction status of The Prestige Place Mumbai?

The Prestige Place Mumbai's current project status is in the pre-launch phase, with land leveling and soil tests underway. Token bookings are open, and major basement digging will begin as soon as MahaRERA issues its official approval number.

2. What is the total land size and tower count of the project?

The project covers a 15-acre plot in Thane West with 8 tall residential towers. These towers rise G+44 to G+55 floors high, housing 2,900 luxury apartments surrounded by 4.5 acres of green parks.

3. What are the starting apartment prices at The Prestige Place?

Pre-launch prices start at ₹99 Lakhs for 1 BHK flats (600–700 sq. ft.) and ₹1.49 Crores for 2 BHK homes (900–1,100 sq. ft.). Larger 3 BHK apartments start at ₹2.81 Crores, while 4 BHK luxury residences range from ₹3.30 Crores to ₹3.96 Crores.

4. When is the official possession date for The Prestige Place Mumbai?

The builder plans to complete the project and hand over keys by December 2031. Construction payments follow a clear 10-step plan tied directly to real building stages on-site.

5. What are the planned monthly maintenance fees for the project?

Monthly maintenance is set at ₹8 per sq. ft. Homebuyers also pay a 24-month advance upkeep deposit of ₹120 per sq. ft. before taking their keys to maintain common amenities.