Budget Guide

Projects Under Rs 3 Crore in Bandra

Under Rs 3 crore, Bandra offers compact homes in Bandra East and the cheaper Bandra West corridors, but very few projects publish a verified starting price. Our pool has 1 such project, shown below, and this page explains the arithmetic behind the rest.

1project verified at or under Rs 3 crore
5projects with a verified starting price
100projects with price on request
See What Fits
Verified Listings

Flats under 3 Crore in Bandra

1 project in our pool has a verified starting price up to Rs 3 crore, listed below.

Under Construction

1 project
Illustrative render of Shapoorji Pallonji BKC 9, Kherwadi, Bandra, Mumbai

Shapoorji Pallonji BKC 9

Shapoorji Pallonji Real Estate · Kherwadi

2 & 3 BHK · 603–929 sq ft carpet

From₹2.25 Cr

Possession: Jul 2028

MahaRERA: P51800054573

Price on Request

Compact Homes to Ask About

These compact Bandra East homes do not publish a verified starting price, so we cannot confirm that any fits this budget. They are the ones to ask about first: one-bedroom or small two-bedroom layouts with a stated carpet area up to 700 sq ft.

Illustrative render of Rustomjee Cleon, Kala Nagar, Bandra, MumbaiUnder Construction

Rustomjee Cleon

Rustomjee · Kala Nagar

1 & 2 BHK · From 439 sq ft carpet

Price on request

Possession: Jun 2027

MahaRERA: P51800050269

Illustrative render of Agrawals Aarambh, Kherwadi, Bandra, MumbaiUnder Construction

Agrawals Aarambh

Agrawals Group · Kherwadi

1 to 2.5 BHK

Price on request

Possession: Jun 2030

Illustrative render of Rustomjee Stella, Kherwadi, Bandra, MumbaiUnder Construction

Rustomjee Stella

Rustomjee · Kherwadi

2 & 3 BHK · 679–942 sq ft carpet

Price on request

Possession: Dec 2027

MahaRERA: P51800053988

Illustrative render of A&O Estado, Shardadevi Marg, Bandra East, Bandra, MumbaiUnder Construction

A&O Estado

A&O Realty · Shardadevi Marg, Bandra East

2 BHK · From 662 sq ft carpet

Price on request

Possession: Dec 2026

Illustrative render of Paranjape Athena, Teachers Colony, Bandra East, Bandra, MumbaiUnder Construction

Paranjape Athena

Paranjape Schemes · Teachers Colony, Bandra East

1, 2 & 3 BHK

Price on request

Possession: Dec 2027

MahaRERA: P51800049529

Illustrative render of Vaibhavlaxmi Address 51, Bandra East, Bandra, MumbaiReady to Move

Vaibhavlaxmi Address 51

Vaibhavlaxmi Developers · Bandra East

1 & 2 BHK · Up to 619 sq ft carpet

Price on request

Possession: On request

Illustrative render of Shivalik Gulmohar Avenue, Jawahar Nagar, Bandra East, Bandra, MumbaiUpcoming Projects

Shivalik Gulmohar Avenue

Shivalik Ventures · Jawahar Nagar, Bandra East

1 & 2 BHK · 322–641 sq ft carpet

Price on request

Possession: On request

Illustrative render of Pranav 51 Adriel, Kala Nagar, Bandra, MumbaiUpcoming Projects

Pranav 51 Adriel

Pranav Constructions · Kala Nagar

1, 2 & 3 BHK

Price on request

Possession: On request

Illustrative render of Antariksh Ace, Kherwadi, Bandra, MumbaiUpcoming Projects

Antariksh Ace

Antariksh Group · Kherwadi

1 & 2 BHK (Jodi units also offered) · From 409 sq ft carpet

Price on request

Possession: Dec 2026

MahaRERA: P51800047038

Illustrative render of Gurukrupa Nirmalam, Kherwadi, Bandra, MumbaiUpcoming Projects

Gurukrupa Nirmalam

Gurukrupa Realcon · Kherwadi

2 BHK · 625–635 sq ft carpet

Price on request

Possession: Dec 2026

Illustrative render of Sajay Avenue 18, Kherwadi, Bandra, MumbaiUpcoming Projects

Sajay Avenue 18

Sajay Developers · Kherwadi

1, 2 and 3 BHK · 408–1,062 sq ft carpet

Price on request

Possession: Aug 2026

Illustrative render of Shapoorji Pallonji BKC 28, Kherwadi, Bandra, MumbaiUpcoming Projects

Shapoorji Pallonji BKC 28

Shapoorji Pallonji Real Estate · Kherwadi

2 BHK · 639–712 sq ft carpet

Price on request

Possession: On request

MahaRERA: P51800028474

Budget Maths

What Rs 3 crore buys in Bandra

A budget of Rs 3 crore is the first one in this series that clears most of the sourced bands. A 500 sq ft home fits inside the Kherwadi and Gandhi Nagar bands, and a 600 sq ft home fits inside the Kherwadi band.

The table multiplies four example sizes by sourced per sq ft ranges. It is illustrative arithmetic, not a price list. Portals do not always say whether a rate applies to carpet or saleable area, and saleable area is usually larger, so ask any developer for the RERA carpet area and the price on that basis.

Property Butler (May 2026) puts Bandra West 2 BHK homes at about Rs 3 crore onwards, so this budget sits at the entry point there. In Bandra East, RealtyPromoo (April 2026) gives 2 BHK totals of about Rs 2.35 to 4.5 crore, so Rs 3 crore reaches the lower half of that range.

Read from the other direction, the second table converts the budget itself into area. Pocket detail is on the Kherwadi and Gandhi Nagar pages.

SizeKherwadi / Santosh Nagar (Rs 35,000 to 48,000)Gandhi Nagar (Rs 45,000 to 55,000)Kala Nagar / BKC annexe (Rs 55,000 to 65,600)Linking Road / Hill Road (Rs 45,000 to 65,000)
300 sq ftRs 1.05 Cr to 1.44 Cr (within)Rs 1.35 Cr to 1.65 Cr (within)Rs 1.65 Cr to 1.97 Cr (within)Rs 1.35 Cr to 1.95 Cr (within)
400 sq ftRs 1.4 Cr to 1.92 Cr (within)Rs 1.8 Cr to 2.2 Cr (within)Rs 2.2 Cr to 2.62 Cr (within)Rs 1.8 Cr to 2.6 Cr (within)
500 sq ftRs 1.75 Cr to 2.4 Cr (within)Rs 2.25 Cr to 2.75 Cr (within)Rs 2.75 Cr to 3.28 Cr (partly within)Rs 2.25 Cr to 3.25 Cr (partly within)
600 sq ftRs 2.1 Cr to 2.88 Cr (within)Rs 2.7 Cr to 3.3 Cr (partly within)Rs 3.3 Cr to 3.94 Cr (over)Rs 2.7 Cr to 3.9 Cr (partly within)

Illustrative arithmetic only. Marks show the position against the budget: within, partly within or over. Size multiplied by the sourced per sq ft range. Kherwadi / Santosh Nagar, Gandhi Nagar and Kala Nagar / BKC annexe bands: RealtyPromoo, April 2026. Linking Road / Hill Road band: Property Butler, May 2026. These are portal asking and listing figures, not a quote for any project.

Find out what your budget buys today

We will check current price sheets across Bandra pockets and tell you which projects can actually fit.

Where It Applies

Area you can expect for Rs 3 crore

Divide the budget by the sourced rate and you get the range below. It is before stamp duty, GST and other costs, which come out of the same pocket.

Pocket bandArea Rs 3 crore covers
Kherwadi / Santosh Nagar625 to 855 sq ft
Gandhi Nagar545 to 665 sq ft
Kala Nagar / BKC annexe455 to 545 sq ft
Linking Road / Hill Road460 to 665 sq ft

Budget divided by the sourced per sq ft range, rounded to the nearest 5 sq ft.

Costs on Top

Costs that sit on top of the price

The agreement value is not what you pay in total. Stamp duty in Mumbai is about 6 percent for male buyers and about 5 percent for female buyers, including a 1 percent metro cess. Registration is about 1 percent, capped at Rs 30,000.

GST is about 5 percent on under-construction, non-affordable homes. Affordable homes pay about 1 percent (carpet up to 60 sq m in metros and value up to Rs 45 lakh), and ready homes with an occupancy certificate pay none. The ready-versus-under-construction choice can therefore move the total by several lakh.

Cost on topRuleOn Rs 3 crore
Stamp duty (incl. 1 percent metro cess)5 to 6 percentRs 15 lakh to 18 lakh
Registration feeUp to Rs 30,000Rs 30,000
GST, under constructionAbout 5 percentRs 15 lakh
Extras if ready with OCNo GSTRs 15.3 lakh to 18.3 lakh
Extras if under constructionWith GSTRs 30.3 lakh to 33.3 lakh

Stamp duty and registration: Sobha Limited blog (a builder site), September 2026, and ClearTax, April 2025. GST: HomeFirst India, June 2026. Verify rates on IGR Maharashtra and with the developer before you budget. Parking, maintenance deposits, legal fees and brokerage are extra.

Loan and Search

Home loan angle at Rs 3 crore

RBI loan-to-value limits quoted by Godrej Capital (June 2023, an older source, so verify with your lender) cap lending at 75 percent above Rs 75 lakh. On a Rs 3 crore home that means a down payment of about Rs 75 lakh (25 percent), before the extra costs above.

BankerMart (August 2026, updated that quarter) lists starting home loan rates of about 7.0 to 7.5 percent for borrowers with a CIBIL score of 750 or more. Your own rate depends on income, profile and the lender. Lenders generally lend against the agreement value, so budget for stamp duty and GST from your own funds and confirm the rule with your bank.

Budget Maths

How to search at this budget

Start with pockets, not the Bandra name. Bandra East pockets such as Kherwadi and Gandhi Nagar are cheaper per sq ft than most of Bandra West. Compare ready and under-construction options on the same total cost, including GST, rather than on the headline price.

Before you pay a token amount, verify the RERA registration on MahaRERA and ask for the carpet area, the price sheet and the possession date in writing. For wider price context, read the Bandra property rates guide, and look at the under Rs 3 crore page if you can stretch the budget.

  • Ask for price sheets, plans and availability through the enquiry form.
  • Use illustrative arithmetic to filter, then confirm with a developer quote.
  • Check the redevelopment or SRA status of the building before booking.
FAQ

Frequently Asked Questions

Can I buy a flat under Rs 3 crore in Bandra?

Yes, in several pockets. Rs 3 crore covers roughly 460 to 670 sq ft at Gandhi Nagar and Linking Road rates, and more in Kherwadi. In Bandra West, Property Butler puts 2 BHK homes at about Rs 3 crore onwards, so this is an entry budget there.

Why does this page list so few projects?

We show a starting price only when two independent sources agree on it, and only 4 projects in our pool carry a verified starting price. Many developers publish price sheets only on request. The page still gives you sourced per sq ft arithmetic to work with.

How much extra should I add to a Rs 3 crore purchase?

Add about 5 to 6 percent for stamp duty and Rs 30,000 for registration. Add about 5 percent GST if the home is under construction, or nothing if it is ready with an occupancy certificate. Check the rates on IGR Maharashtra before paying.

Is a lower-priced pocket in Bandra East a safe choice?

Price alone does not decide safety. Some Bandra East pockets include redevelopment and SRA projects, where approvals and delivery vary. Check the MahaRERA record, the building consent status and the declared possession date before booking.

Ask for price sheets at Rs 3 crore

Tell the team your budget, preferred pocket, BHK and timeline through the Enquire Now form, and they will share price sheets, plans and availability.