Sports
- Gymnasium
- Kids' Play Areas / Sand Pits
- Yoga Areas
- Jogging / Cycle Track
₹48.49 Lac - 69.90 Lac
₹12,100 Per Sq. Ft.
Rachana Lakshmi, a premium residential project, is nestled in the heart of Old Panvel. Strategically located near Uran Road, this project offers unparalleled connectivity and accessibility. With a RERA registration number P52000034848, Rachana Lakshmi is a trusted and secure investment option.
This luxurious project boasts a range of modern amenities to ensure a comfortable and convenient lifestyle. Residents can unwind at the kids play areas, and enjoy the power backup facility for uninterrupted living. The specification of the project includes high-quality walls in the Master Bedroom.
Choose from a range of spacious and elegantly designed units, including 1 BHK and 2 BHK apartments. With prices starting from 51.50 Lac, these apartments offer exceptional value for money. With a range of options available, including 401 Sq. Ft. and 578 Sq. Ft. units, you re sure to find the perfect home at Rachana Lakshmi.
Available Unit OptionsThe following table outlines the available unit options at Rachana Lakshmi:
| Unit Type | Area (Sq. Ft.) | Price (Rs.) |
| 1 BHK Apartment | 401 | 51.50 Lac |
| 1 BHK Apartment | 405 | 52.01 Lac |
| 2 BHK Apartment | 575 | 73.85 Lac |
| 2 BHK Apartment | 578 | 74.23 Lac |
The residential property is strategically located near several notable landmarks, providing residents with easy access to essential amenities and services. These landmarks not only enhance the quality of life for residents but also offer a unique blend of convenience and comfort.
View the latest price list for Rachana Lakshmi.
*Prices are indicative and subject to applicable charges and project terms.
Rachana Lakshmi's average asking price is rising quarter-on-quarter, compared with Old Panvel.
Rachana Lakshmi avg. price is ₹ 12.1 K/Sq.Ft. compared to Old Panvel at ₹ 14.1 K/Sq.Ft.
Get the latest price and market updates for Rachana Lakshmi.
Mumbai Railway Vikas Corporation (MRVC) has made significant progress on suburban rail projects. The Panvel-Karjat New Suburban Corridor is nearing completion, The Virar-Dahanu Road Quadrupling Project is progressing fast. Signalling and telecommunication works have been commissioned at Kelve Road station.
Navi Mumbai International Airport is emerging as a crucial alternative for cargo operations as Mumbai Airport undergoes runway and taxiway upgrades, leading to a temporary suspension of its freighter services. Airlines like Cathay Cargo, Air France, and Lufthansa Cargo are exploring or confirming shifts to Navi Mumbai.
Navi Mumbai International Airport will commence international passenger and cargo operations from July 15, 2026. Airlines such as Air India Express and IndiGo are slated to operate international flights from the Adani Group-owned facility.
During Q2'2026, average property prices for Rachana Lakshmi moved from ₹ 9,900/sqft to ₹ 12,100/sqft, reflecting a 22.22% rise.
CIDCO has launched the bidding process for the first phase of a 925-acre Integrated Logistics Park (ILP) at Pushpak Node, Navi Mumbai. This is expected to be one of the largest logistics infrastructure projects in the Mumbai Metropolitan Region. The first phase involves leasing approximately 174 acres near Chirle village.
A new arm flyover connecting Palm Beach Road to the Sion-Panvel Highway was inaugurated in Vashi Sector 17. This 290-meter flyover, built by the Navi Mumbai Municipal Corporation (NMMC) at a cost of ₹18.32 crore, provides a direct route for commuters traveling towards Pune. It is expected to significantly ease traffic congestion and reduce travel time by 10-15 minutes, eliminating the need for detours via Sanpada. The project addresses a key gap in Navi Mumbai's road network, improving connectivity and overall planning.
During Q1'2026, average property prices for Rachana Lakshmi moved from ₹ 8,700/sqft to ₹ 9,900/sqft, reflecting a 13.79% rise.
The alignment for Navi Mumbai Metro Line 8 has been finalized, aiming to create a direct metro connection between Chhatrapati Shivaji Maharaj International Airport (CSMIA) and the upcoming Navi Mumbai International Airport (NMIA). The metro will pass through Vashi, Sanpada and Juinagar along the Sion–Panvel Highway.
During Q4'2025, average property prices for Rachana Lakshmi moved from ₹ 8,350/sqft to ₹ 8,700/sqft, reflecting a 4.19% rise.
Central Railway will operate a Mega Block on its suburban sections on September 21 for engineering and maintenance works, affecting UP and DOWN FAST lines between Thane and Kalyan stations from 10:40 a.m. to 3:40 p.m. Down Fast/Semi-Fast locals from CSMT will be diverted on the Down Slow line, stopping at Kalva, Mumbra, and Diva stations, arriving 10 minutes late.
Price:₹ 48.49 Lac
Price:₹ 48.98 Lac
Price:₹ 69.53 Lac
Price:₹ 69.90 Lac
Explore the master plan, project photos and walkthrough videos of Rachana Lakshmi to understand the overall layout, tower placement, amenities, landscaped spaces and key highlights before making your buying decision.

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Rachana Lakshmi offers a range of amenities including kids play areas, indoor games, normal park, power backup, and 24x7 security, ensuring a comfortable living experience.
Rachana Lakshmi offers 1 BHK and 2 BHK apartments with varied sizes, including 401 Sq. Ft. and 405 Sq. Ft. for 1 BHK, and 575 Sq. Ft. and 578 Sq. Ft. for 2 BHK, respectively.
Rachana Lakshmi is connected to Uran Road, with a distance of approximately 1.5 km, making it easily accessible.
Yes, Rachana Lakshmi is RERA-registered with registration number P52000034848.
The project is in its early stage, and the expected possession date is yet to be announced.
The starting price for units in Rachana Lakshmi is 51.50 Lac for a 1 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.