Minerva Tower

At Minerva Tower, developed by Lokhandwala Kataria Constructions, homes have changed hands at a registered median of ₹69,089/sqft on a carpet-area basis. That is 113% above the wider Lower Parel registered median of ₹32,417/sqft (2026 YTD basis), placing it in the ultra luxury band for the area.

The building is in Lower Parel, pincode 400011, within the Lower Parel micro-market of the Mumbai Metropolitan Region.

Registered activity here is mostly in 5BHK+ homes of around 1465 sqft carpet. Across the building's registered deals, rates have ranged roughly ₹48,349/sqft to ₹78,189/sqft — a spread that reflects differences in floor, view and configuration rather than a trend over time.

The project is MahaRERA-registered, first registered in 2017, and its declared possession has been extended 3 times, 108 complaints are on record with MahaRERA, litigation is on record. These are due-diligence signals worth checking on the MahaRERA portal before committing — the counts are the registered facts; the particulars of each are published there. Declared completion is Dec 2026.

The most recent registered sale we hold here is from May 2026.

For local context, the nearby Lower Parel buildings compared at the foot of this page carry registered medians spanning roughly ₹42,700/sqft to ₹60,406/sqft.

Every figure here comes from registered sale deeds — the price on which stamp duty was actually paid — not asking prices or listings. It is a growing sample from Finclara's ledger, not the whole market and not an official record, so use it to sanity-check what a home at Minerva Tower should cost, then verify independently. Ask Clara whether a specific quote is fair.