Prestige Grove Park Current Project Status

Prestige Grove Park sits at the pre-launch stage, which comes before registration, sales and building work. At this stage, the developer finalises plans, approvals and pricing ahead of the launch.

For you as a buyer, pre-launch means you can study the project but not book a home yet. Under Maharashtra rules, a developer must register a project on MahaRERA before it sells homes. So the registration number is the clearest signal that the project has moved to its next stage.

This checklist shows where each part of the project stands today. We will update it as each item moves forward, so you can see progress at a glance.

Large Mumbai projects need several approvals before work can begin. These cover land title, building plans, height, fire safety and environmental rules.

For Prestige Grove Park, the key step now is MahaRERA registration, which is in process. The registration page will also list the approved plans, the land title and the proposed completion date. Once it goes live, you can read those documents yourself for free on the portal.

Since the site lies next to Sanjay Gandhi National Park, you may also see extra green checks. That is common for projects close to protected green areas in Mumbai.

Sales have not opened yet, as the project awaits registration and launch. At present, you can register your interest with the sales team and receive updates. This does not commit you to buy, and it costs nothing.

When sales open, the developer will release the price list, floor plans and tower-wise inventory. Here is what the sales structure looks like on current plans.

Prices use the ₹34,000 per sq ft base rate and exclude GST, stamp duty and other charges.

Prestige's launches often sell quickly, especially in Mumbai. Its Nautilus project in Worli sold ₹2,385.7 crore within a month of launch in early 2025. So if you want a specific tower or floor, plan to act early once bookings open at launch.

Main construction has not started, since the project has not launched yet. Work on site should begin after registration and launch in March 2027.

Once work starts, the build will move through excavation, three basement levels, the podium and the tower floors. The developer targets possession in December 2031, which allows about 57 months for the full build. For a stage-by-stage view, see our construction status page, which we update each quarter.

The project's surroundings are changing fast, and that affects its value by the time you move in.

• Thane-Borivali Twin Tunnel: about 13% physical progress by July 2026, with two boring machines ready.
• Metro Lines 2A and 7: running now, with about 2.79 lakh riders a day in August 2026.
• Goregaon-Mulund Link Road: tunnel boring began in September 2026, with full opening targeted for 2029.
• Coastal road phase two: heavy work under way on the 26.3 km Versova to Bhayandar stretch.

Most of these should open well before the 2031 possession date. So by the time you get your keys, Borivali's links should be much stronger than today.

The developer's health matters for any project that will take five years to build. Prestige's latest numbers point to a strong position.

• CRISIL renewed its DA1+ grade in March 2026, valid until March 2027.
• FY 2026 pre-sales reached ₹30,024 crore, up 76% on the year before.
• Q1 FY 2027 collections rose 6% to ₹4,802 crore.
• The group has completed 313 projects covering about 206 million sq ft.

This record gives Prestige Grove Park buyers added comfort over a long build. A builder with steady cash flow can keep crews and suppliers on site through market ups and downs. That matters on a five-year build, where a single funding gap can push back the handover by months.

The move from pre-launch to launch changes what you can do and what you should check. The table below shows how the picture shifts for buyers.

Once the project launches, read the MahaRERA page before you sign anything. It will show the approved plans, the phase-wise completion dates and the bank account for your payments. These details protect you far more than any brochure or sales promise.

We review this page every month and update it whenever a verified fact changes. Key triggers include the MahaRERA registration, the launch date, the price list and the start of construction. Each update will carry a date, so you always know how fresh the information is.

The pre-launch stage gives you time to prepare, so you can move fast when bookings open.

• Register your interest with the sales team for launch updates.
• Check your home loan eligibility with two or three banks.
• Set your full budget, including GST, stamp duty and parking.
• Shortlist your preferred home type, tower and floor band.
• Watch the MahaRERA portal for the registration number.