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Nirban Avenue 1

Parel, Mumbai

By Nirban Group

₹ 2.02 Cr onwards

Configuration
1 BHK
Carpet area
455–458 sq.ft. carpet
Possession
Dec 2028
Status
Under Construction
RERA
Registered · P51900056382

MahaRERA project registration P51900056382, available at maharera.maharashtra.gov.in.
PropX8 MahaRERA agent registration A0311825022223.

Prices and availability can change. Get the latest developer inventory.

Project Snapshot

Developer
Nirban Group
Location
Parel, Mumbai
Configuration
1 BHK
Carpet area
455–458 sq.ft.
Price
₹ 2.02 Cr onwards
Possession
Dec 2028
Status
Under Construction
Project area
0.12 acres
Structure
G+3P+19
RERA
P51900056382

About Nirban Avenue 1

Nirban Avenue 1, developed by Nirban Group, is a residential project in Parel, Mumbai, near Jerbai Wadia Rd, Acharya Donde Marg, Parel. It rises G+3P+19 on 0.12 acres and offers 1 BHK apartments. Possession is listed for Dec 2028; the project is currently under construction. It is registered with MahaRERA under P51900056382.

Listed starting prices are ₹ 2.02 Cr for a 1 BHK (455 sq.ft. carpet). That works out to roughly ₹44.4K/sq.ft. of carpet area, about 10% below the Parel median of ₹49.2K/sq.ft. across 12 projects we track.

Getting around: Siddhivinayak Temple Metro station is 4.2 km by road, Prabhadevi railway station is 0.9 km (about 11 minutes on foot) and the Western Express Highway is 7.2 km by road. Nearby, Social Service League High School is 0.8 km (about 10 minutes on foot) and Tata Memorial Cancer Hospital is 0.2 km (about 3 minutes on foot). By road, the airport is 15 km and Bandra Kurla Complex 10 km away.

Amenities listed by the developer include kids play area, senior citizen area, yoga zone, landscaped garden and fitness deck.

Key Highlights

  • Developed by Nirban Group in Parel.
  • Single tower, G+3P+19 floors.
  • Offers 1 BHK residential configurations.
  • Carpet areas from 455 sqft to 458 sqft.
  • MahaRERA possession by December 2028.
  • Amenities include Kids Play Area, Yoga Zone.

Construction Progress

✓

New Launch

✓

Under Const.

3

Near Poss.

4

Ready to Move

Floor Plans & Pricing

Select a configuration to update the True Cost calculator below.

1 BHK455 sq.ft. carpet₹ 2.02 Cr

True cost for the 1 BHK at ₹ 2.02 Cr

True Cost & ROI Engine

Includes all Govt. Taxes & Duty

Base Property Value₹ 1.82 Cr
Stamp Duty (6%)₹ 10.90 L
Registration₹ 30,000
GST (Under Const.)₹ 9.09 L
₹ 40.40 L(20%)

Est. EMI (20 Yrs)

₹ 1.40 L /mo

Loan Req.

₹ 1.62 Cr

5-Year Wealth Projection

Price Intelligence

Nirban Avenue 1 Price Analysis

This project

₹44.3K/sq.ft.

median across 2 configurations

Parel median

₹49.2K/sq.ft.

across 12 other projects we list

Compared with Parel

10% below

the locality median price per sq.ft.

Price per sq.ft. by configuration

Parel median

  • 1 BHK

    455 sq.ft. · ₹ 2.02 Cr

    ₹44.4K/sq.ft.

  • 1 BHK

    458 sq.ft. · ₹ 2.02 Cr

    ₹44.1K/sq.ft.

Green bars are at or below the Parel median.

Nirban Avenue 1 by Nirban Group in Parel offers 1 BHK homes. Listed prices range from ₹ 2.02 Cr for a 1 BHK (455 sq ft carpet) to ₹ 2.02 Cr for a 1 BHK (458 sq ft). That works out to about ₹44,250/sq ft of carpet area, 10% below the Parel median of ₹49,247/sq ft across 12 other projects we list.

PossessionDec 2028MahaRERAP51900056382Similar budgetFlats under ₹3 Cr in Parel →

Prices are as listed by the developer and may change; ₹/sq.ft. is calculated on carpet area.

PropX8 Advisory

Property Insights

The numbers that matter, and what to check before you book.

Price per sq.ft.
₹44.4K/sq.ft.
Carpet area, by configuration
Location
Parel
Mumbai
Possession
Dec 2028
Under Construction
Configuration
1 BHK
1 type

What to verify before booking

  • Exact inventory

    Which units, floors and facings are actually available today

  • Floor-rise charges

    Per-floor premiums added to the listed price

  • Parking charges

    Whether a car park is included or sold separately

  • Other applicable charges

    Maintenance deposit, society formation, legal and development charges

  • Current possession status

    Whether the occupation certificate (OC) has been received

Amenities & Lifestyle

Kids Play Area
Senior Citizen Area
Yoga Zone
Seating Area
Landscaped Garden
Walking Track
Fitness Deck
HDFC BANK
Vitrified Tiles
Granite Kitchen Platform
Stainless Steel Sink

Location & Connectivity

  • Metro

    Siddhivinayak Temple

    4.2 km

    5 min drive*

  • Railway station

    Prabhadevi

    0.9 km

    11 min walk

  • Airport

    Mumbai Airport (Terminal 2)

    15 km

    16 min drive*

  • Highway

    Western Express Highway

    7.2 km

    8 min drive*

  • Business district

    Bandra Kurla Complex

    10 km

    10 min drive*

  • School

    Social Service League High School

    0.8 km

    10 min walk

  • Hospital

    Tata Memorial Cancer Hospital

    0.2 km

    3 min walk

Road distances from the project's map location. *Drive times assume no traffic; peak-hour travel in Mumbai usually takes considerably longer. Walk times at 5 km/h. Data: © OpenStreetMap contributors, routing by OSRM.

Home Loan Offers

EASY HOME LOANS

Get exclusive interest rates starting from 8.35%* from our partner banks.

Aditya Birla Capital
Interest Rate8.50%*
Axis Bank
Interest Rate8.45%*
Bajaj Finserv
Interest Rate8.35%*
Bank of Baroda
Interest Rate8.40%*
Citi Bank
Interest Rate8.65%*
HDFC Bank
Interest Rate8.35%*
ICICI Bank
Interest Rate8.40%*
LIC Housing Finance
Interest Rate8.50%*
SBI Home Loans
Interest Rate8.35%*
Kotak Mahindra
Interest Rate8.40%*
PNB Housing
Interest Rate8.40%*

Frequently Asked Questions

What is the price of Nirban Avenue 1?

Prices at Nirban Avenue 1 start at ₹ 2.02 Cr for a 1 BHK of 455 sq.ft. carpet.

What floor plans and configurations are available at Nirban Avenue 1?

Nirban Avenue 1 in Parel has these floor plans listed: 1 BHK from 455 sq.ft. carpet, starting at about ₹ 2.02 Cr. Prices are the lowest listed price of each configuration; floor-rise, parking and other charges may be extra. The layouts are in the Floor Plans & Pricing section of this page.

What is the carpet area at Nirban Avenue 1?

Carpet areas range from 455–458 sq.ft.: 1 BHK 455 sq.ft.

When is possession of Nirban Avenue 1?

The listed possession date is Dec 2028 and the project is shown as Under Construction. Confirm the occupation certificate (OC) status with the developer before booking.

What is the RERA number of Nirban Avenue 1?

Nirban Avenue 1 is registered with MahaRERA under P51900056382. You can verify it on the MahaRERA website.

Who is the developer of Nirban Avenue 1?

Nirban Avenue 1 is developed by Nirban Group.

What is the estimated all-in cost at Nirban Avenue 1?

For the starting price of ₹ 2.02 Cr, the estimated all-in cost is about ₹ 2.02 Cr: a base property value of ₹ 1.82 Cr, stamp duty (6%) of ₹ 10.90 L and registration of ₹ 30,000, plus 5% GST of ₹ 9.09 L for an under-construction home. Floor-rise, parking and other charges may be extra, so ask the developer for the final cost sheet.

How much is the estimated EMI for Nirban Avenue 1?

On the starting price of ₹ 2.02 Cr, a 20% down payment (₹ 40.40 L) leaves a loan of ₹ 1.62 Cr. At 8.5% for 20 years, the EMI is about ₹ 1.40 L per month.

Where is Nirban Avenue 1 located?

Nirban Avenue 1 is in Near Jerbai Wadia Rd, Acharya Donde Marg, Parel, Mumbai. By road it is 4.2 km from Siddhivinayak Temple metro, 900 m from Prabhadevi railway station, 7.2 km from Western Express Highway.

Is there any brokerage when buying Nirban Avenue 1 through PropX8?

No. PropX8 charges buyers zero brokerage on Nirban Avenue 1.

Nirban Avenue 1

By Nirban Group

Configuration1 BHK
Carpet Area455–458 sq.ft.
PossessionDec 2028

Starting Price

₹ 2.02 Cr onwards

RERA Registered

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