No. of Units
25 Units
Project Area
0.24 Acres
Ownership
Freehold
Towers / Floors
1 Towers / 20 Floors
Property View
Open View
Parking
Two Wheeler, Four Wheeler
Carpet Area
1380 Sq Ft
Price
7.76 Cr
Lower Parel East is a fast-developing residential area in Mumbai, preferred for its open surroundings and improving connectivity. The locality offers access to daily conveniences such as schools, healthcare facilities, and retail options within the broader Lower Parel East region.
With increasing residential development and infrastructure growth, Lower Parel East is often considered by buyers looking for affordable housing and long-term value.
Rishabh Platina is a real estate project registered under Maharashtra Real Estate Regulatory Authority, ensuring transparency and accountability in its development. Scan the RERA QR code or search for the project here: https://maharera.maharashtra.gov.in/
Rishabh Platina is a residential flat project located in Lower Parel East, Mumbai, developed by Rishabh Developers and registered under MahaRERA with registration number P51900015088.
The project offers 3 BHK flats with super built-up areas ranging from 1350 sq ft to 1400 sq ft, making it suitable for buyers looking for spacious residences in one of Mumbai’s established urban locations.
This project is positioned toward buyers who prioritise central connectivity, larger living spaces, and city convenience over budget-focused compact housing.
Lower Parel has evolved into one of Mumbai’s major residential and commercial hubs.
Its combination of corporate offices, lifestyle infrastructure, and connectivity continues to attract both homebuyers and investors.
Key buyer considerations:
• Located in Lower Parel East, a well-established Mumbai micro-market
• Offers spacious 3 BHK configurations, which are less common in central locations
• Suitable for families wanting larger homes within city limits
• Potential long-term value due to location demand and infrastructure growth
For many buyers, the project’s biggest strength is the balance between urban convenience and larger residential layouts.
• Families looking for spacious 3 BHK homes in South-Central Mumbai
• Professionals working in Lower Parel, Worli, Dadar, or nearby business districts
• Buyers seeking long-term residential use in a prime location
• Investors targeting premium rental demand
• Buyers looking for compact or budget housing
• Individuals prioritising low-maintenance small apartments
• Buyers wanting township-style developments with large open spaces
Lower Parel East is one of Mumbai’s most active residential and commercial zones.
Key location benefits include:
• Connectivity to Worli, Dadar, Prabhadevi, and South Mumbai
• Access to major business districts and corporate offices
• Nearby premium malls, restaurants, hospitals, and schools
• Strong railway and road connectivity across Mumbai
The area is particularly attractive for buyers who want to reduce daily commute times while staying close to urban infrastructure.
| Configuration | Super Built-up Area | Practical Use |
|---|---|---|
| 3 BHK | ~1350 – 1400 sq ft | Suitable for families needing larger living spaces |
• Larger layouts compared to typical Mumbai apartments
• Better suitability for work-from-home setups
• More flexibility for families needing storage or extra rooms
Space availability is one of the key advantages of this project compared to many compact Mumbai developments.
Rishabh Platina is positioned as a mid-to-premium residential project in a central Mumbai location.
What that means:
• Focus on larger apartment sizes and urban convenience
• Likely suited for buyers planning long-term occupancy
• Higher overall ownership costs compared to suburban projects
This is primarily a city-centric residential project rather than an affordable housing development.
• Access to shopping centres, restaurants, and supermarkets
• Nearby educational institutions and healthcare facilities
• Availability of public transport and cab connectivity
• Proximity to workplaces and commercial hubs
• Traffic conditions during peak hours
• Parking availability and visitor parking policies
• Noise levels due to urban surroundings
• Maintenance structure and society management details
A detailed site visit helps buyers understand the actual day-to-day living experience.
Living in Lower Parel generally comes with higher monthly expenses compared to outer Mumbai suburbs.
Buyers should factor in:
• Maintenance and society charges
• Parking costs
• Electricity and utility bills
• Daily commute and lifestyle expenses
Premium locations often involve higher ongoing costs beyond the property purchase price.
| Factor | Rishabh Platina | Typical Lower Parel Projects |
|---|---|---|
| Configuration | Only 3 BHK | 1–4 BHK |
| Apartment Size | 1350–1400 sq ft | Compact to premium |
| Target Buyer | Families & premium buyers | Mixed segments |
| Location Advantage | Central Mumbai | Strong overall demand |
| Space Offering | Relatively spacious | Often compact layouts |
The larger apartment size is a key differentiator in this location category.
• More suitable for remote work compared to compact flats
• Additional rooms can support home office setups
• Better privacy for families with multiple working members
The larger configuration improves long-term flexibility.
• MahaRERA Number: P51900015088
Before making a decision:
• Verify details on the official MahaRERA portal
• Check project construction status and possession timeline
• Confirm exact carpet/saleable area details
• Understand total acquisition cost including taxes and additional charges
Independent legal and technical verification is always recommended.
• Faster access to work and city infrastructure
• Premium urban lifestyle with dense surroundings
• Busy traffic and higher activity levels typical of central Mumbai
• Better long-term connectivity compared to distant suburbs
Residents generally choose this location for convenience and accessibility rather than low-density living.
Rishabh Platina in Lower Parel East is suitable for buyers who:
• Want spacious 3 BHK flats in central Mumbai
• Prioritise connectivity and city convenience
• Need larger layouts for families or hybrid work lifestyles
• Prefer established urban infrastructure over suburban expansion areas
It may not suit buyers looking for affordable housing or quiet low-density neighbourhoods, but it can work well for those seeking practical long-term living in a prime Mumbai location.
