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Shapoorji Minerva

By Shapoorji Pallonji Real Estate, Mahalaxmi

✓ RERA

₹12.99 Cr - ₹47 Cr

₹87,669/sq.ft

3.5, 4, 5 & 5 Penthouse BHK

Configurations

2,019 - 3,508 sq.ft

Carpet Sizes

Apr 2027

Possession

₹87,669 psf

Indicative Avg. / Sq.ft

Overview of Shapoorji Minerva

Property Type
Apartment
Configurations
3.5, 4, 5 & 5 Penthouse BHK
Carpet Area
2,019 - 3,508 sq.ft
Number of Storeys
Sanctioned development recorded across Minerva 1A, 1B and 1C, with approvals extending up to the 79th floor
Number of Towers
1 Main Residential Development with Minerva 1A, 1B and 1C sections
Construction Status
Under Construction
Project Area
7907.90 Sq. M. (Approx. 1.95 Acres)
Location
Mahalaxmi
Parking Type
Covered Parking • Podium Parking • Resident Parking • Visitor Parking
RERA Number
P51900008204

Pricing & Available Units in Shapoorji Minerva

Explore new booking floor plans, rental homes and resale options currently available in Shapoorji Minerva.

4 BHK floor plan of Shapoorji Minerva

4 BHK

Carpet Area

2019 Sq.ft

Price

₹12.99 Cr

4 BHK floor plan of Shapoorji Minerva

4 BHK

Carpet Area

2136 Sq.ft

Price

₹13.74 Cr

Floor plan on request

5 BHK

Carpet Area

3020 Sq.ft

Price

₹34 Cr

Floor plan on request

5 BHK

Carpet Area

3508 Sq.ft

Price

₹47 Cr

3.5 BHK floor plan of Shapoorji Minerva

3.5 BHK

Carpet Area

2058 Sq.ft

Price

₹12.99 Cr

Amenities of Shapoorji Minerva

Swimming Pool
Kids Pool
Gymnasium
Clubhouse
Banquet Hall
Multipurpose Hall
Jogging Track
Yoga Zone
Meditation Area
Jacuzzi
Spa

Shapoorji Minerva Photos & Videos

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About Shapoorji Minerva

Shapoorji Minerva is a high-rise luxury residential development positioned along the Mahalaxmi-Lower Parel corridor of South Mumbai. The project combines large-format residences with access to major business districts, premium retail destinations, healthcare facilities, educational institutions and established transport networks. Its location near J R Boricha Marg and NM Joshi Marg provides connectivity towards Mahalaxmi, Lower Parel, Worli, Mumbai Central and other important parts of South Mumbai.

Shapoorji Minerva offers spacious luxury residences ranging from approximately 2,019 sq. ft. to 3,508 sq. ft. of carpet area. The residential mix includes 3.5 BHK, 4 BHK and expansive 5 BHK homes, along with a premium 5 BHK penthouse configuration. These large-format layouts are suited to buyers seeking substantially larger private living spaces within the South Mumbai luxury residential market.

The project's core luxury inventory includes a 3.5 BHK residence with approximately 2,058 sq. ft. of carpet area and 4 BHK residences with approximately 2,019 sq. ft. and 2,136 sq. ft. of carpet area. The referenced entry pricing begins from approximately ₹12.99 crore, although the final transaction value depends on the selected residence, floor, orientation, availability, payment structure, taxes and applicable charges.

For buyers requiring significantly larger living spaces, Minerva Mahalaxmi includes a 5 BHK residence with approximately 3,020 sq. ft. of carpet area. The referenced price for this configuration is approximately ₹34 crore. The expansive layout places this residence within the upper-luxury segment of the Mahalaxmi and South Mumbai residential market.

The premium residential offering extends to a 5 BHK penthouse with approximately 3,508 sq. ft. of carpet area and a referenced price of approximately ₹47 crore. As a limited large-format configuration, penthouse pricing and availability can be highly inventory-specific. Buyers should confirm the exact floor, orientation, usable layout, views, parking allocation and prevailing commercial terms before proceeding.

Minerva is distinguished by its vertical scale. MahaRERA records the sanctioned development through Minerva 1A, Minerva 1B and Minerva 1C, with approvals extending progressively up to the 79th floor. Higher-level residences may benefit from wider views across the surrounding Mumbai skyline, subject to the exact apartment orientation, floor position and existing or future development around the property.

The project is registered with the Maharashtra Real Estate Regulatory Authority under registration number P51900008204. The supplied MahaRERA record lists the project as Active, with an original proposed completion date of 30 December 2023 and a revised proposed completion date of 30 April 2027. Buyers should verify the latest regulatory status, approvals and project disclosures before completing a transaction.

According to the supplied MahaRERA project record, Minerva has a registered project land area of 7,907.90 sq. m., equivalent to approximately 1.95 acres. The sanctioned built-up area is recorded as 62,319.17 sq. m. The registered development contains 372 residential apartments across the sanctioned Minerva sections.

The supplied MahaRERA apartment summary records 372 residential units across Minerva 1A, 1B and 1C. The referenced regulatory inventory snapshot records 304 sold units and 68 unsold units. Inventory figures are dynamic and should be checked against the latest MahaRERA filing and current project availability before making a purchase decision.

Minerva occupies a strategic position between the Mahalaxmi and Lower Parel urban corridors. Residents can access major employment destinations in Lower Parel and Worli while remaining connected to Mumbai Central and established South Mumbai neighbourhoods. Mahalaxmi Railway Station, arterial roads and Mumbai Metro Line 3 expand the transport options available around the location.

The surrounding South Mumbai ecosystem provides access to premium shopping, healthcare, education, restaurants, entertainment and business destinations. Phoenix Palladium in Lower Parel is one of the prominent retail and lifestyle destinations accessible from the project. Mahalaxmi Racecourse and the broader Worli-Mahalaxmi corridor further contribute to the location's established urban character.

Selected residences at Minerva are marketed for panoramic views towards the Mumbai skyline, Arabian Sea and Mahalaxmi Racecourse. The actual view differs according to the apartment's floor, orientation and position within the development. Buyers considering a premium for a particular view should inspect the specific apartment and verify potential future development around the view corridor.

Prospective buyers should carefully review the latest MahaRERA disclosures before purchasing a residence at Minerva. The supplied regulatory record contains complaint, appeal, litigation, non-compliance and financial encumbrance disclosures associated with the project or promoter. These records should not be interpreted in isolation, but they are relevant inputs for independent legal and financial due diligence before paying a substantial booking amount or completing a transaction.

Shapoorji Minerva Floor Plans

Documents for Shapoorji Minerva

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RERA details & QR code

Shapoorji Minerva RERA QR code

MahaRERA registration

P51900008204

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Shapoorji Minerva Brochure
Project Brochure

Shapoorji Minerva Project Brochure

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Shapoorji Minerva Project Research & Buyer Considerations

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Shapoorji Pallonji Real Estate

Shapoorji Pallonji Real Estate

Not rated

Est.

1865

Projects

3

View Details

Shapoorji Pallonji Real Estate is the real estate development business of the Shapoorji Pallonji Group, an Indian engineering and construction group whose history dates back to 1865. The real estate business has been active in India since the 1970s and today develops residential communities, luxury homes, commercial properties and large-format developments across major Indian cities.

A Real Estate Legacy Backed by Engineering Expertise

The developer combines the Shapoorji Pallonji Group's long-standing engineering heritage with contemporary residential planning, construction quality and architectural design. Its portfolio ranges from premium urban residences and large residential communities to commercial developments and technology parks, giving the brand a diversified presence across the Indian property market.

Residential Projects Across Major Indian Cities

Shapoorji Pallonji Real Estate has a project presence across Mumbai, Thane, Pune, Bengaluru, Gurugram, Kolkata and other Indian markets. Its current residential portfolio includes developments such as BKC 9, BKC 28, Nine Arcs, Heartland, One Hills, The Odyssey, Northern Lights, Skyraa, Parkwest 2.0, The Dualis, Vanaha Verdant, Wildernest and other Shapoorji Pallonji and Joyville developments.

Residential and Commercial Development Portfolio

According to Shapoorji Pallonji Group's corporate information, its real estate business has developed approximately 19 million sq. ft. of residential and commercial real estate in India, comprising more than 13 million sq. ft. of residential development and around 6 million sq. ft. of commercial properties. The wider Shapoorji Pallonji Real Estate platform also highlights a development legacy spanning approximately 144 million sq. ft. across its broader portfolio and associated developments.

SP Infocity and Commercial Real Estate

Commercial real estate forms an important part of the developer's portfolio through SP Infocity. Shapoorji Pallonji has developed approximately 155 acres of SP Infocity IT and SEZ parks in India, with commercial locations including Pune, Manesar and Nagpur. These developments reflect the group's experience in creating large-scale business and technology environments alongside its residential portfolio.

Quality, Safety and Sustainable Development

Shapoorji Pallonji Real Estate follows structured quality, environmental and occupational health and safety systems. The company states that it is certified under ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018, supporting its focus on construction quality, environmental management and workplace safety.

Shapoorji Pallonji Real Estate Projects in Mumbai

Mumbai and the Mumbai Metropolitan Region remain important markets for Shapoorji Pallonji Real Estate. Its portfolio includes developments in locations such as Bandra East, Santacruz East, Kandivali East, Mulund West, Thane and South Mumbai. Projects such as BKC 9 and BKC 28 in Bandra East provide access to the Bandra Kurla Complex business district, while other developments address premium residential demand across different parts of Mumbai.

Featured Projects by Developer

Shapoorji Minerva
Under Construction

Shapoorji Minerva

Mahalaxmi

Configuration

3.5, 4, 5 & 5 Penthouse BHK

Carpet Area

2019 sq.ft

Starting @ ₹12.99 Cr - ₹47 Cr

Shapoorji Pallonji BKC 9
Under Construction

Shapoorji Pallonji BKC 9

Bandra East

Configuration

3 BHK

Carpet Area

840 sq.ft

Starting @ ₹3.55 Cr Onwards

Shapoorji Pallonji Nine Arcs
Under Construction

Shapoorji Pallonji Nine Arcs

Santacruz East

Configuration

2, 3 & 4 BHK

Carpet Area

671 sq.ft

Starting @ ₹2.58 Cr Onwards

Location Guide of Mahalaxmi, Mumbai

Mahalaxmi is a premium South Mumbai residential district positioned between the established neighbourhoods of Mumbai Central, Lower Parel, Worli, Haji Ali and Byculla. The locality combines high-value residential development with access to major business districts, railway connectivity, Metro infrastructure, healthcare institutions, schools, retail destinations and some of Mumbai's best-known recreational landmarks. The Mahalaxmi residential market is highly diverse. Older apartment buildings and established housing coexist with modern luxury towers offering larger carpet areas, extensive amenities, structured parking and elevated city views. This variation means that a single locality-wide price per square foot cannot accurately represent every property in Mahalaxmi. One of Mahalaxmi's defining landmarks is the Mahalaxmi Racecourse and the surrounding Royal Western India Turf Club precinct. Residential buildings around the racecourse-facing belt can benefit from relatively open views compared with Mumbai's typically dense urban landscape. Apartments marketed with racecourse, sea or skyline views can attract significant premiums, although buyers should verify the actual view from the specific unit. Mahalaxmi's location also places residents close to Lower Parel and Worli, two important commercial and employment districts. This proximity supports demand from senior professionals, business owners and corporate tenants seeking larger homes within convenient reach of workplaces in Central and South Mumbai. The residential transformation of Mahalaxmi has accelerated through redevelopment and large-scale luxury projects. Newer developments have introduced 2, 3, 4 and larger bedroom configurations with modern clubhouses, swimming pools, fitness centres, landscaped areas, security systems and structured parking. At the same time, older societies continue to provide comparatively smaller and differently priced housing options. Mahalaxmi Railway Station on Mumbai's Western suburban network remains an important daily transport connection. Residents can also access Mumbai Central, Lower Parel and nearby road corridors depending on their exact micro-location. Metro Line 3 further strengthens public transport access across the broader Mahalaxmi, Worli and South Mumbai corridor. Retail and entertainment infrastructure is another major advantage of the location. Phoenix Palladium and High Street Phoenix in Lower Parel form one of Mumbai's established premium shopping, dining and entertainment districts. Worli, Haji Ali, Tardeo and Mumbai Central add further restaurants, retail outlets and everyday services within a relatively compact urban radius. Healthcare access is strong because Mahalaxmi sits near several established South Mumbai medical institutions. Wockhardt Hospitals at Mumbai Central, SRCC Children's Hospital and other hospitals in the Mumbai Central, Tardeo and Worli corridors can be reached from different parts of the locality. Families evaluating Mahalaxmi also have access to established schools and educational institutions in the surrounding South Mumbai belt. Aditya Birla World Academy, Hill Spring International School and other schools around Tardeo, Lower Parel and South Mumbai broaden educational choices, although school commute times should always be checked from the exact residential project. For property buyers, micro-location is particularly important in Mahalaxmi. A racecourse-facing luxury tower, a new development closer to Lower Parel and an older building towards the interior streets can have substantially different pricing, road access, parking, views and lifestyle amenities despite sharing the same broad locality name. Mahalaxmi is therefore best evaluated as a collection of premium residential micro-markets rather than a uniform housing market. Buyers should compare carpet area, building age, floor, orientation, view, parking allocation, maintenance charges, possession status, MahaRERA information and recent registered transactions before comparing properties purely on quoted price per square foot.

Key Location Highlights

Buy Price

₹40,000 - ₹70,000+ / sqft

Rent

₹55,000 - ₹7,00,000+ / month

Appreciation

Mahalaxmi apartment asking prices increased from approximately ₹34,038 per sq.ft. in 2021 to ₹48,706 per sq.ft. in 2025, while the Apr-Jun 2026 locality average reached approximately ₹54,953 per sq.ft.

Advantages & Pros

  • Premium South Mumbai location with access towards Lower Parel, Worli, Mumbai Central, Haji Ali, Tardeo and other established neighbourhoods.
  • Mahalaxmi Railway Station provides Western Line suburban railway connectivity for daily travel across Mumbai.
  • Mumbai Metro Line 3 strengthens public transport connectivity across the wider South Mumbai and central business corridor.
  • Proximity to Lower Parel and Worli supports residential and rental demand from professionals working in major commercial districts.
  • The Mahalaxmi Racecourse precinct creates a distinctive open-space landmark within an otherwise densely developed part of Mumbai.
  • Selected high-rise residences can offer racecourse, Arabian Sea or Mumbai skyline views depending on floor and orientation.
  • Phoenix Palladium and High Street Phoenix provide premium shopping, dining, entertainment and lifestyle options nearby.
  • Housing options range from established residential buildings to modern premium and ultra-luxury high-rise developments.
  • The locality supports large-format 3, 4 and 5 BHK luxury housing that is comparatively difficult to find in many other parts of Mumbai.
  • Established healthcare, educational, retail and business infrastructure surrounds the Mahalaxmi-Lower Parel-Worli corridor.
  • Central positioning provides road connectivity towards both South Mumbai and Mumbai's western and central employment corridors.

Considerations & Cons

  • Property prices in newer luxury developments can be substantially higher than the Mahalaxmi locality average.
  • Peak-hour congestion around major Mahalaxmi, Lower Parel, Mumbai Central and Worli road corridors can increase travel time.
  • Large differences in building age, amenities, parking and apartment size make locality-wide price comparisons less reliable.
  • Construction and redevelopment activity around selected pockets may temporarily create noise, dust and traffic diversions.
  • Maintenance charges in large luxury developments can be materially higher than those in conventional residential societies.
  • Sea, racecourse and skyline views are unit-specific and should not be assumed for every apartment within a high-rise project.

FAQ of Shapoorji Minerva

Question & Answer of Shapoorji Minerva

The supplied MahaRERA record shows the project as Active with a revised proposed completion date of 30 April 2027. Buyers should verify the latest Occupancy Certificate status applicable to their specific building section and apartment before treating a residence as ready for possession.
Minerva is positioned in the luxury residential segment with large 3.5 BHK, 4 BHK and 5 BHK homes, high-rise construction and a South Mumbai location. The residential portfolio extends to a 3,508 sq. ft. carpet-area 5 BHK penthouse.
Yes. Referenced residences range from approximately 2,019 sq. ft. to 3,508 sq. ft. of carpet area. Larger configurations include a 3,020 sq. ft. 5 BHK and a 3,508 sq. ft. 5 BHK penthouse.
Yes. A referenced 5 BHK configuration provides approximately 3,020 sq. ft. of carpet area and is priced at approximately ₹34 crore, subject to current inventory and transaction terms.
Yes. The referenced premium inventory includes a 5 BHK penthouse with approximately 3,508 sq. ft. of carpet area and a referenced price of approximately ₹47 crore. Availability should be reconfirmed at the time of enquiry.
The property is marketed on some real-estate platforms using the Shapoorji Minerva name. However, the supplied MahaRERA registration identifies the registered project as MINERVA and records Lokhandwala Kataria Construction Private Limited in the promoter information. HomesPro therefore distinguishes marketing references from the official RERA project and promoter identity.
No. Online information is useful for initial research, but a purchase decision should be based on the latest MahaRERA records, sanctioned documentation, registered agreement for sale, physical site and apartment inspection, actual specifications and independent legal and financial due diligence.