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Mahindra Happinest, Palghar, Mumbai
1 RK Studio Apartments starting at Rs. 8.18 Lakhs only (with stamp duty)

starts at
Rs. 8.18 Lakhs
1 -2 BHK

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Letter from Secretary

Dear Friends,

Having A Place To Sleep, Allow Us To Dream..... Petroleum, Coal & Banking Executives Welfare Society, viz PCBS offers Happy news for affordable housing, an 234 square feet- (saleable) apartments in Palghar- Mumbai for only Rs. 8.18 lacs including stamp duty to be paid in 3 years time based on CLP payment plan. 
The icing on the Cake is that the Project is launched by Mahindra Life Spaces a group Company of the renowned Mahindra & Mahindra group. 

The unit sizes are as follows-

  1. 1 Room Studio Apartment-234 square feet for Rs. 8.18 Lakhs only.

    2 Units Can be joined & Lock in Period for sale would be 1 Year.

  2. Compact Size 1 Bed Room Hall Kitchen Compact - Total Saleable Area 439 Sqft . The flat will cost about Rs.15 lacs inclusive of including Stamp duty / Registry. 
    2 Units Can be joined & Lock in Period for sale would be 1 Year

  3. Regular Size 1 Bed Room Hall Kitchen : Total Saleable Area 590 Sqft . The flat will cost about Rs.19 lacs inclusive of including Stamp duty / Registry. 
    2 Units Can be joined & Lock in Period for sale would be 1 Year

  4. 2 Bed Room Hall Kitchen Total Saleable Area 801 Sqft. The flat will cost about Rs.28 lacs inclusive of including Stamp duty / Registry. 
    2 BHK Units Cannot be joined & Lock in Period for sale would be 1 Year

Sample apartments of 2BHK and entire VR film of project could be seen at: 406 Metro Mall, 4th floor, Borivali (East) Off Highway.

Total Project area 20 acres: Phase-1: 10.8 acres and 800 flats Phase -2 will be spread in 10.5 acres & will have 800 flats.

Floor Rise: Ground + 4 with Lift.

Possesion Period: 3 Years

Special Conditions: Transfer/ Sale allowed after 1 year from date of Booking.

List of Amenities in the Complex:

  1. 24 Hour Power Backup
  2. Basket Ball Court
  3. Club House
  4. Intercom
  5. Play Area
  6. Security
  7. Tennis Court
  8. Broadband Internet
  9. Health Facilities
  10. Swimming Pool
  11. Common facility center
  12. Joggers Track
  13. Cricket Pitch
  14. Indoor games room with gym
  15. Community hall
  16. Seating plaza for senior residents
  17. Landscaped garden and
  18. Badminton court (Outdoor)
  19. Entrance Lobby with quality finishing

Built with MIVAN Technology

MIVAN or Aluminum framework system employs the 3s system of construction – Speed, Strength & Safety. Here concreting of walls & slabs are done together through usage of light weight pre-engineered aluminium forms. Advantages:

  1. Mivan framework requires relatively less labour
  2. More seismic resistance
  3. Increased durability
  4. Lesser number of joints and reduced leakages
  5. Higher carpet area
  6. Smooth finishing of wall and slab
  7. Uniform quality of construction
  8. Negligible maintenance
  9. Faster completion

Why Palghar

  1. Mahindra Happinest Developers is making a township in Palghar, with all major conveniences. 43 shops, large open spaces,gardens and sports facilities.
  2. Being the newest district of Maharashtra, it has tremendous scope for growth and development. If you look at it from an investment viewpoint, imagine Navi Mumbai 10 years back. The same CIDCO that developed and planned Navi Mumbai is going to develop Palghar District. The new district will have various sectors designated for recreation, Govt offices and facilities, as well as educational and entertainment hubs.
  3. One of the planned stops for Bullet train is in Palghar District, the time taken from BKC to reach here would be 20 mins. In time, as people would prefer to live in greener pastures with faster commuting time. Palghar is poised and ripe for development.
  4. Palghar is the residential hub for the largest MIDC - Tarapur MIDC, More than 1300+ companies are operational in Palghar District. With increased sensibilities, people are demanding for more conveniences and amenities that our project in Palghar will help satiate.
  5. Palghar District already has major conveniences like Big Bazaar, DMart, Schools, Colleges, Hospitals and for the 2nd home buyer beaches are a 10 mins drive. Mahim beach, Kelwa Beach, Shirgaon Fort, Satpathi fishing village are some of the many tourist spots.
  6. Palghar has 24*7 electricity as well as water.
  7. Palghar is a strategic location, exactly between India's financial capital Mumbai and commercial hubs of Ahmedabad and Surat. This is one of the fastest growing corridors of India, with many strategic investments from both the government and private entities

USP Of Palghar

  1. Maharashtra government has offered 157 acres of land in Palghar district near to a private company to produce its indigenously designed 20-seater commercial aircraft under "Made in India" As Claimed by Company "Normally it takes Rs 60 crore to make a 20-seater aircraft, but we will be producing it in Rs 30 crore," which should spell huge Commercial success. Read More -
  2. Palghar is Station before Boisar, which is one of the largest industrial Area of India and also has Tarapur Nuclear Power Plant and Top Industries like like Raymond, Bombay Dyeing, Vadilal etc., to name a few. Boisar will have first stop for the BULLET TRAIN, outside Mumbai taking only 30 minutes from Bandra Kurla Complex, Mumbai

Members Benefits,

Members get following additional benefits:

No EMI.For 1 & 2 BHK( till 1st May 2020 or Possession whichever is earlier.)

Free furniture with only 2BHK, as listed below:




Monarch 2Door Wardrobe with Mirror Wenge


Maonarch Queen Bed Wenge


Monarch Side Table Wenge


Wigo 1+4 Dinning Set Black


Alpine New Shoe Cabinet Wenge

Strategic Location

As Boisar is now a part of the Palghar District, the following benefits are shared by both locations

Property Appreciation & Rental Yield

  • There is a significant level of economic activity in Boisar, which has created more than 100,000 jobs over the past decade, creating strong demand for housing.

  • Most preferred investment destination in Mumbai suburb – Economic Times.

  • 12% Y-O-Y capital appreciation since 2014.
  • Opportunity to earn more than 156% profit on investment in 2 years.

Registry information

Booking Information 

The rules in Mumbai desire all buyers to be registered the stamp duty applicable is paid at time of booking.

Below is the bank account details for depositing the stamp duty amount for Mahindra Palghar project;

IDBI Bank Ltd

Jambhali Naka Thane West

a/c Mahindra Happinest Developers ltd

Current A/c Number 0495102000015491 IFSC IBKL0000495

Location Benefits

  • 6.2 Km from Palghar station
  • 10 minutes to Boisar/Tarapur MIDC
  • 90 minutes from Andheri station by train
  • Bullet train to improve connectivity to Mumbai City
  • 2 Km away from proposed new Railway Station

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Features & Amenities

  • 24 Hour Power Backup
  • Basket Ball Court
  • Club House
  • Intercom
  • Play Area
  • Security
  • Tennis Court
  • Broadband Internet
  • Health Facilities
  • Swimming Pool
  • Common facility center
  • Joggers Track
  • Cricket Pitch
  • Indoor games room with gym
  • Community hall
  • Seating plaza for senior residents
  • Landscaped garden
  • Badminton court (Outdoor)
  • Entrance Lobby with quality finishing

Site Plan

Site Plan

Village Nandore Gut No 158/183 P/183P/Plot No 1, Palghar,

Maharashtra 401404


1 RK

Type: 1 RK

Carpet Area
156.9 sqft
(14.121 sqmt.)
Rs. 8.18L - Rs. 8.32L

1 BHK - Compact

Type: 1 BHK - Compact

Carpet Area
289.01 sqft
(26.0109 sqmt.)
Rs.15.3L - Rs. 15.6L

1BHK - Regular

Type: 1BHK - Regular

Carpet Area
369.068 sqft
(33.21612 sqmt.)
Rs. 17.7L - Rs. 19.06L

2BHK - Regular

Type: 2BHK - Regular

Carpet Area
510 sqft
(45.9 sqmt.)
Rs. 26.3L - Rs. 28.3L