During Q4'2025, average property prices for Heritage Elegance moved from ₹ 47,550/sqft to ₹ 51,600/sqft, reflecting a 8.52% rise.

Heritage Elegance, a luxurious project located in the esteemed locality of Matunga, offers a unique blend of elegance and sophistication. With its strategic location, connecting Eastern Express Highway, the project provides easy access to the city s premier business and entertainment hubs. Residents can indulge in a range of luxurious amenities, including power backup and kids play areas, while the master bedroom walls are finished with oil-bound distemper for durability and style.
The project is meticulously designed to provide a serene and peaceful living experience, with intricate attention to detail reflected in every aspect of the architecture and design. With its prime location, residents can easily access the city s best schools, hospitals, and shopping centers. The project is registered under the Government of Maharashtra s Real Estate (Regulation and Development) Act, 2016, with the project ID P51900032451.
Invest in the finest residential property in Matunga with Heritage Elegance. Choose from our range of thoughtfully crafted units, including 2 and 3 BHK apartments, each designed to provide a sense of comfort and luxury. With prices starting at 3.51 Cr and going up to 7.57 Cr, the project offers an unparalleled living experience at an unbeatable price.
Available Unit OptionsThe following table outlines the available unit options at Heritage Elegance:
| Unit Type | Area (Sq. Ft.) | Price (Rs.) |
| 2 BHK Apartment | 487 | 3.51 Cr |
| 2 BHK Apartment | 835 | 6.02 Cr |
| 3 BHK Apartment | 927 | 6.68 Cr |
| 3 BHK Apartment | 1050 | 7.57 Cr |
In resale we have 5 properties available ranging from 2 BHK - 3 BHK having price from 4.50 CR - 6.00 CR
| Listing Type | Total Listings | Unit Type Range | Price Range |
| Resale | 5 | 2 BHK - 3 BHK | 4.50 CR - 6.00 CR |
Browse through the latest government-registered transactions in the real estate market, showcasing a dynamic market scenario. For the past three months, the real estate sector has witnessed 1 sales transactions, amounting to a gross sales value of 2 Cr, with a price movement of - 1,120. Over the six-month period, the sales transactions have increased to 3, with a combined gross sales value of 10 Cr, and a price movement of - 3,361. The 1-year aggregation reveals a total of 5 government-registered sales transactions, valued at 15 Cr, with a noticeable price movement observed. Despite fluctuations, the current rate remains steady at 49,357, providing a glimpse into the ever-changing real estate landscape.
During Q4'2025, average property prices for Heritage Elegance moved from ₹ 47,550/sqft to ₹ 51,600/sqft, reflecting a 8.52% rise.
During Q3'2025, average property prices for Heritage Elegance moved from ₹ 46,650/sqft to ₹ 47,550/sqft, reflecting a 1.93% rise.
External Works has reached 100%, Internal finishing stands at 100%, MEP Services including lift and staircases, are now 100% done.
External Works has reached 80%, Internal finishing stands at 55%, MEP Services including lift and staircases, are now 90% done.
Structural Works reach 80% completion, External Works has reached 25%, Internal finishing stands at 48%, MEP Services including lift and staircases, are now 43% done.
Structural Works reach 18% completion.
Redevelopment of Govind Kunj, developed by SMERA HOMES LLP, officially launched on 04-Jan-2022 and expected to complete by 31-Dec-2024. Registered under RERA No. P51900032451. The project comprises 1 towers and offers 17 residential units, including 2 BHK, 3 BHK, with unit sizes ranging from 484 to 926 Square feet across a total area of 0.08 Acre.
| Master Bedroom-Walls | Oil Bound Distemper |
| Master Bedroom-Flooring | Vitrified Tiles |
| Other Bedrooms-Flooring | Vitrified Tiles |
| Walls | Oil Bound Distemper |
| Living Area-Flooring | Vitrified Tiles |
| Bathroom | Premium Bath Fittings |
| Structure | RCC Frame Structure |
Download brochure, master plan & walkthrough video of Heritage Elegance to explore floor plans, layout, and complete project details in Matunga, Mumbai.
Insights based on nearby schools, healthcare, connectivity, workplaces and everyday infrastructure.
Families with school-going children may benefit from multiple education options nearby, helping reduce long daily commutes and making regular drop-offs more convenient.
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Connecting Roads - Heritage Elegance
Heritage Group, a renowned real estate developer based in Mumbai and Thane, has been in the industry for 28 successful years. Their journey began in 1994 with a focus on executing prestigious residential construction projects. As they evolved, they found their niche in the redevelopment of societies and soon became pioneers in this field.With their visionary approach, Heritage Group has been transforming buildings and creating a new lifestyle for both
This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.
*Real Estate (regulation & development) act 2016.