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Dec 2025
During Q4'2025, average property prices for Heritage Elegance moved from ₹ 47,550/sqft to ₹ 53,250/sqft, reflecting a 11.99% rise.
Mumbai
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 ₹ 53,250/sqft, reflecting a 11.99% 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 with 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 |
| Schools Near by Heritage Elegance | |
|---|---|
| V N Sule Guruji English Medium High School | 0.51 KM |
| Ies Digambar Patkar Vidyalaya Head Office | 0.54 KM |
| Auxilium Convent High School | 0.69 KM |
| Podar Jumbo Kids | 0.70 KM |
| South Indian Welfare Society High School | 0.78 KM |
| Sitaram Prakash High School | 0.80 KM |
| Shishuvan English Medium School | 0.83 KM |
| Amulakh Amichand B Vidyalaya High School | 0.86 KM |
| Matunga Lion Pioneer English School | 0.86 KM |
| City Of Los Angeles English High School | 1.00 KM |
| Bus Stops Near by Heritage Elegance | |
|---|---|
| Ruia College | 0.30 KM |
| Vjticollege | 0.36 KM |
| Raja Shivaji High School Hindu Colony | 0.41 KM |
| Khalsa College | 0.45 KM |
| Wadala Church | 0.49 KM |
| Amulakh High School Bus Stand | 0.76 KM |
| Vitthal Mandir Wadala Market | 0.76 KM |
| Bmc Ward Office | 0.77 KM |
| Pioneer High School | 0.87 KM |
| Ruparel College | 0.88 KM |
| Hospitals Near by Heritage Elegance | |
|---|---|
| Dr Dandekar Nursing Home | 0.24 KM |
| Colony Nursing Home | 0.25 KM |
| Chhatres Maternity Nursing Home | 0.27 KM |
| Matunga Clinic & Hospital | 0.32 KM |
| Pai Hospital | 0.36 KM |
| Dr Pandit Hospital | 0.37 KM |
| Dr Khandeparkar Nursing Home | 0.42 KM |
| Sobti Hospital | 0.44 KM |
| Shah Nursing Home | 0.44 KM |
| S S Parchure Nursing Home | 0.47 KM |
| Banks Near by Heritage Elegance | |
|---|---|
| The Cosmos Co-operative Bank | 0.54 KM |
| Bank Of India | 0.56 KM |
| Icici Bank | 0.72 KM |
| Icici Bank | 0.80 KM |
| Karur Vysya Bank | 0.87 KM |
| Icici Bank | 0.97 KM |
| Kotak Mahindra Bank | 1.00 KM |
| Union Bankof India? | 1.07 KM |
| Abhyudaya Co-operative Bankltd | 1.11 KM |
| Abhyudaya Co-operative Bankltd | 1.15 KM |
| ATMs Near by Heritage Elegance | |
|---|---|
| Dena Bank Atm | 0.51 KM |
| Hdfc Bank Atm | 0.55 KM |
| Bankof India Atm | 0.56 KM |
| Hdfc Bank Atm | 0.88 KM |
| Corporation Bank Atm | 0.88 KM |
| Axis Bank Atm | 1.06 KM |
| Bankof India Atm | 1.08 KM |
| Hdfc Bank Atm | 1.10 KM |
| Hdfc Bank Atm | 1.16 KM |
| Canara Bank Atm | 1.16 KM |
| Mosques Near by Heritage Elegance | |
|---|---|
| Matunga Mosque | 0.76 KM |
| Sunny Mosqe | 0.86 KM |
| Gandhi Market Masjid | 1.24 KM |
| Barkat Ali Kadriya Masjid | 1.31 KM |
| Sunni Masjid | 1.35 KM |
| Hari Masjid | 1.41 KM |
| Asarphiya Jama Masjid | 1.61 KM |
| Pathan Mosque | 1.75 KM |
| Qadarya Masjid | 1.86 KM |
| Belali Masjid | 1.94 KM |
| Shopping Malls Near by Heritage Elegance | |
|---|---|
| Tejukaya Group Of Co | 0.21 KM |
| Flower Market | 0.55 KM |
| Rm Shopping Centre | 0.58 KM |
| Mohd Farooq Chicken Center | 0.64 KM |
| Interactive Marketing | 1.07 KM |
| Rudra Cold Storage Big Bazaar Matunga W Mumbai 400016 | 1.15 KM |
| Gandhi Market Hawkers Zone | 1.18 KM |
| Star Mall | 1.19 KM |
| Nakshatra Mall | 1.28 KM |
| Yash Plaza Dr D Silva Road Dadar | 1.32 KM |
| Temples Near by Heritage Elegance | |
|---|---|
| Baps Shri Swaminarayan Mandir | 1.11 KM |
| Chatrapati Shivaji Smarak Mandal Shivaji Mandir | 1.15 KM |
| Western Railway Bal Mandir | 1.20 KM |
| Shree Ram Mandir | 1.53 KM |
| Hari Mandir | 1.71 KM |
| Sitladevi Temple | 1.86 KM |
| Shree Durga Mahakali Mandir Samiti | 2.09 KM |
| Mata Temple | 2.25 KM |
| Sai Baba Mandir | 2.35 KM |
| Shree Kannanoor Marg Aama Mandir | 2.45 KM |
| Post Offices Near by Heritage Elegance | |
|---|---|
| Matunga Auto Service | 0.48 KM |
| Dadar Colony Sub Post Office | 0.51 KM |
| The Asthika Samaj | 0.52 KM |
| V T Tulpule High Court | 0.59 KM |
| South Indian Bhajana Samaj | 0.67 KM |
| Wadala Rs?sub Post Office | 0.81 KM |
| Wadala Sub Post Office | 0.85 KM |
| Dadar Head Post Office | 1.10 KM |
| Antop Hill Sub Post Office | 1.13 KM |
| Shivaji Park Sub Post Office | 1.24 KM |
| Parks Near by Heritage Elegance | |
|---|---|
| Veer Kotwal Garden | 1.13 KM |
| Venkatesh Park | 1.15 KM |
| Samarth Bharat Vyayam Mandir | 1.21 KM |
| Shivaji Park House | 1.35 KM |
| Five Garden | 1.35 KM |
| Pramod Mahajan Garden | 1.48 KM |
| Padmashree Manik Verma Garden | 1.54 KM |
| Chhatrapati Shivaji Maharaj Park | 1.67 KM |
| Veer Prabhu Deshpande And Sant Dyaneshwar Udyan | 1.69 KM |
| Vasant Prabhu Garden | 1.72 KM |
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Connecting Roads - Heritage Elegance
Matunga is a perfect combination of residential and commercial space locality in Mumbai towards the downtown of the city. Apart from this combination, there are some other great mixtures too in the city. Like it's a land of a population containing, South Indian predominately Tamil Brahmins, Gujaratis, Parsi, Bengalis, and Marathis. Talking about its history Matunga is one of the seven original islands of Mumbai city and also it is one of
Average Asking Price of Properties in Matunga is around ₹ 49,450 /Sq.ft
Matunga holds the 140 position in the city for overall livability.
Comprehensive assessment of your property's current worth in the current market
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 project offers 2 BHK and 3 BHK apartment configurations with varying unit sizes.
The project is currently in its early stage, and the expected possession date is not specified.
The developer, Heritage Group, has completed 23 projects and has a reputation for delivering quality projects.
The project offers amenities like power backup, indoor games, and normal park, and specifications like RCC frame structure, vitrified tiles, and oil-bound distemper walls ensuring a high-quality living experience.
The project is RERA-registered with registration number P51900032451.
The price range for units in this project starts from approximately 3.51 Cr for a 2 BHK apartment and goes up to 7.57 Cr for a 3 BHK apartment.
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.
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