Under Construction Projects in Mumbai
Under Construction
2,221+
Under-construction projects in Mumbai
Average Price
Rs 33,222 (psf)
Across under-construction projects
What Are Under-Construction Projects in Mumbai?
An under-construction project is a residential development that has been launched and approved but has not yet received its occupancy or completion certificate. Construction is in progress, and possession is scheduled for a date to be determined by the developer and disclosed under RERA. Buyers purchasing at this stage are buying against a plan and a construction timeline rather than a finished, inspectable unit.
Across Mumbai, well-established developments such as Arihant Aspire, LnT Crestoria Estate, Hiranandani Fortune City, Godrej Green Terraces, Godrej Nexspace illustrate what the city's completed residential stock looks like once a project reaches possession. Within the under-construction segment specifically, 2,221+ projects are currently in progress, giving buyers a range of stages, locations, and price points to evaluate.
Why Choose Mumbai for an Under-Construction Home or Investment?
Mumbai continues to see strong residential demand driven by its employment base, its status as a financial and commercial hub, and consistent inward migration. Buying during construction allows a buyer to enter this market at a lower price point than a comparable completed unit, while also giving more time to plan finances around a staggered, construction-linked payment schedule rather than a single lump sum.
An under-construction purchase also allows for greater choice. Early buyers typically have access to a wider selection of floors, unit configurations, and orientations than would remain by the time a project reaches possession. With 2,221+ projects currently under development across Mumbai, buyers have a meaningful range to compare against rather than being limited to the units that remain unsold as completion approaches.
Developers including Lodha, Kalpataru, Hiranandani, Rustomjee, Runwal, Mayfair Housing, Godrej, Chandak, Mahindra Lifespaces, Shapoorji Pallonji account for a substantial share of the city's ongoing construction activity, and reviewing their track record on previously delivered projects is one of the more reliable ways to judge how a current under-construction project is likely to proceed.
Find Where Your Budget Fits in Mumbai
Pricing for under-construction properties in Mumbai varies by location, construction stage, developer, and configuration. A project that has just launched will typically be priced lower than one nearing possession, since price appreciation tends to build in as construction progresses and risk reduces. The current citywide average for under-construction properties is Rs 33,222 (psf).
- Entry-Level Budget: Early-stage launches with lower entry pricing and longer payment timelines, suited to buyers comfortable with a longer wait for possession.
- Mid-Segment Budget: Projects at an intermediate construction stage offering a balance between price and remaining construction risk.
- Premium Budget: Larger configurations within well-planned developments, often backed by stronger amenities and more established developers.
- Luxury Budget: High-specification under-construction residences with premium fittings, larger layouts, and extensive amenities, typically from developers with a strong delivery record.
Why an Under-Construction Home Can Be a Smart Investment in Mumbai?
Buying before completion carries construction risk, but it also carries a pricing advantage that narrows as the project nears possession. In a market like Mumbai, where land is limited and demand has remained consistent, that pricing gap has historically been one of the more accessible ways to enter a location that might otherwise be out of reach once fully built.
- Pre-Completion Pricing: Under-construction units are typically priced below what the same project will command at possession, once construction risk has been removed.
- Construction-Linked Payment Plans: Payments are usually staggered against construction milestones rather than paid upfront in full, easing the immediate financial burden.
- Wider Unit Choice: Buyers entering early generally get first access to preferred floors, orientations, and configurations.
- Appreciation Potential: Prices in many under-construction projects tend to move upward as construction progresses and the possession date approaches.
- Established Developer Presence: Developers such as Lodha, Kalpataru, Hiranandani, Rustomjee, Runwal, Mayfair Housing, Godrej, Chandak, Mahindra Lifespaces, Shapoorji Pallonji have delivered previous projects in Mumbai, giving buyers a track record to evaluate before committing to a current launch.
Top Under Construction Projects in Mumbai
Here's a starting list of Under Construction projects in Mumbai currently tracked on Square Yards.
Under Construction Projects by Builders in Mumbai
Under Construction Home Types in Mumbai
Several residential formats are available within Mumbai's under-construction pipeline. Configuration, budget, and the stage of construction will usually determine which format suits a given buyer.
| Format |
What It Offers |
Best For |
| Apartments → | Units within larger residential developments, with shared amenities, security, and parking once completed. | Families, professionals, and first-time buyers |
| Builder Floors → | Individual floors offering more privacy and fewer shared spaces than a typical apartment tower. | Buyers seeking lower-density living |
| Villas → | Larger homes with greater private space, often within gated townships still under development. | Premium buyers seeking greater privacy |
| Independent Houses → | Standalone homes offering greater control over layout and future modifications. | Families seeking independent living |
| Penthouses | Larger premium units with expansive layouts and upgraded specifications, typically in the final phase of a project. | Luxury homebuyers |
Choosing the Right Size
Household size, budget, and how far off possession is usually decide the right configuration. 1 BHK units are especially common among under-construction launches in Mumbai, given the city's high land cost and strong demand from single buyers and investors.
| Configuration |
Typically Suits |
| 1 BHK → | Young professionals, single occupants, and investors seeking compact, high-liquidity homes |
| 2 BHK → | Couples, small families, and professionals wanting practical everyday space |
| 3 BHK → | Growing families requiring additional bedrooms, workspaces, or flexible living areas |
| 4 BHK → | Larger households seeking spacious rooms and greater privacy |
| 5 BHK → | Multi-generational families and buyers seeking expansive premium residences |
How Under-Construction Prices Work in Mumbai?
Under-construction pricing in Mumbai is shaped by more than just carpet area. Construction stage, developer reputation, location, floor, orientation, approval status, and the specifics of the payment plan on offer all factor in. A unit in the early stages of a project will typically carry a lower price than a similar unit closer to possession.
Most under-construction purchases in Mumbai follow a construction-linked payment plan, where installments are tied to construction milestones rather than paid as a lump sum. This spreads the financial commitment over the construction period but also means the total outlay depends on how closely the project adheres to its stated timeline. The current citywide average price for under-construction properties is Rs 33,222 (psf).
What Is the Average Price of an Under-Construction Property in Mumbai?
The average price of an under-construction property in Mumbai is Rs 33,222 (psf). This should be treated as a citywide benchmark rather than a fixed figure, since individual projects vary considerably based on location, construction stage, developer, and configuration.
A project priced above this average is often further along in construction, closer to a stronger micro-market, or backed by a developer with a premium positioning. A project priced below it may be at an earlier stage of construction or located in a developing part of the city.
How Do I Sort by Budget?
Buyers should set a total budget ceiling that accounts for the full payment schedule, not just the initial booking amount. Construction-linked installments, registration charges, GST, parking, and interiors all contribute to the final cost. Using the citywide average of Rs 33,222 (psf) as a reference point, buyers can compare projects by construction stage, developer, location, and configuration within their range.
Developers and Standout Under-Construction Projects in Mumbai
A developer's delivery record is especially important when buying under construction, since the buyer is committing to a project that does not yet exist in finished form. Developers such as Lodha, Kalpataru, Hiranandani, Rustomjee, Runwal, Mayfair Housing, Godrej, Chandak, Mahindra Lifespaces, Shapoorji Pallonji have an established presence in Mumbai's ongoing development pipeline, with projects including Adani Linkbay Residences, LnT Island Cove, Raymond The Address By GS, Godrej Bliss Kandivali, Mahindra Vista that offer a reasonable starting point for comparing location, configuration, and construction progress.
Who Builds the Under-Construction Projects in Mumbai?
Several established developers, including Lodha, Kalpataru, Hiranandani, Rustomjee, Runwal, Mayfair Housing, Godrej, Chandak, Mahindra Lifespaces, Shapoorji Pallonji, currently have projects under construction across Mumbai. Their track record on previously completed developments, including projects such as Arihant Aspire, LnT Crestoria Estate, Hiranandani Fortune City, Godrej Green Terraces, Godrej Nexspace, is one of the most reliable indicators of how a current launch is likely to be executed and delivered.
Which Under-Construction Projects Are Worth Exploring in Mumbai?
2,221+ under-construction projects give buyers in Mumbai a meaningful range to compare rather than committing to the first launch they come across. Adani Linkbay Residences, LnT Island Cove, Raymond The Address By GS, Godrej Bliss Kandivali, Mahindra Vista are worth evaluating on location, developer track record, construction stage, RERA disclosures, and payment plan structure. Being under construction is not, by itself, a reason to shortlist a project; the developer's past delivery timelines and the project's current approval status matter just as much as the price on offer.
How to Shortlist an Under-Construction Property in Mumbai?
Buying under construction requires a different kind of diligence than buying a finished home, since there is no completed unit to walk through. The following checks matter most.
- Verify RERA registration: Confirm the project's RERA registration number and cross-check the disclosed possession date, approved layout, and project details on the state RERA portal.
- Review the developer's delivery record: Developers such as Lodha, Kalpataru, Hiranandani, Rustomjee, Runwal, Mayfair Housing, Godrej, Chandak, Mahindra Lifespaces, Shapoorji Pallonji may have delivered several projects in the past; checking whether those were handed over on schedule is one of the strongest indicators available.
- Check the construction stage: Ask for recent site photographs or a site visit, and confirm the current stage against what has been disclosed under RERA.
- Understand the payment schedule: Confirm how installments are linked to construction milestones and what happens if the project is delayed.
- Confirm approvals status: Check that commencement certificates, environmental clearances, and other statutory approvals are in place for the current phase of construction.
- Verify the paperwork: Title documents, land ownership records, and any pending litigation on the project or the land should be checked before booking.
Beyond Under-Construction Projects in Mumbai
Buying under-construction is not the right fit for every buyer. Those who want immediate possession may prefer a completed home, while buyers with a tighter budget may find better value in a different housing category altogether. Comparing these alternatives helps confirm whether an under-construction property in Mumbai is the right choice.
Under Construction Projects by Zone in Mumbai
Stamp Duty and Registration Charges in Maharashtra
The purchase price is not the only expense involved in buying a property in Mumbai. Stamp duty and registration charges apply when the sale is registered, and both need to be factored into the total transaction cost, regardless of whether the property is under construction or ready to move.
| Charge |
Applicable Rate |
| Stamp Duty (Male Buyer) | 6% (includes 1% Metro Cess) |
| Stamp Duty (Female Buyer) | 5% (includes 1% Metro Cess) |
| Registration Charges | 1% of property value, capped at ₹30,000 for properties above ₹30 lakh |
Disclaimer: Stamp duty and registration charges may vary based on applicable Maharashtra government rules, the buyer's category, and the nature or value of the transaction. Buyers should verify current charges with the relevant authorities before registration.
Under Construction FAQs for Mumbai
Q: How many under-construction projects are available in Mumbai?
A: Mumbai has 2,221+ under-construction projects tracked across the city.
Q: What is the average price of an under-construction property in Mumbai?
A: The average price of an under-construction property in Mumbai is Rs 33,222 (psf). Individual prices vary depending on construction stage, location, configuration, and developer.
Q: Which under-construction projects can I explore in Mumbai?
A: Adani Linkbay Residences, LnT Island Cove, Raymond The Address By GS, Godrej Bliss Kandivali, Mahindra Vista are worth exploring. Compare them on location, construction stage, developer track record, and payment plan structure.
Q: Which developers have under-construction projects in Mumbai?
A: Developers such as Lodha, Kalpataru, Hiranandani, Rustomjee, Runwal, Mayfair Housing, Godrej, Chandak, Mahindra Lifespaces, Shapoorji Pallonji currently have projects under construction across Mumbai. Reviewing their previously delivered projects, including Arihant Aspire, LnT Crestoria Estate, Hiranandani Fortune City, Godrej Green Terraces, Godrej Nexspace, helps gauge how reliably they execute on stated timelines.
Q: Is buying an under-construction property a good option in Mumbai?
A: Yes, for buyers comfortable with construction risk in exchange for potentially lower pricing, more flexible payment schedules, and a wider choice of units. It suits buyers who do not need immediate possession and are willing to track construction progress over time.
Q: What should I check before buying an under-construction property?
A: Verify the project's RERA registration, the developer's track record on past deliveries, the current construction stage, the payment schedule and its milestones, and all statutory approvals before booking.
Q: What is RERA and how does it protect under-construction buyers?
A: RERA (Real Estate Regulatory Authority) requires developers to register projects, disclose timelines and approvals, and maintain construction funds in a dedicated account. It gives buyers a way to verify project details and hold developers accountable for delays or misrepresentation.
Q: Can I compare under-construction properties with ready-to-move homes?
A: Yes. Weighing under-construction pricing and payment flexibility against the certainty of a completed, ready-to-move home clarifies which trade-off suits a given buyer better. Budget, timeline, risk tolerance, and long-term plans should all factor into the final decision.
