Chandak Cornerstone — Worli's Sub-4 Crore 2 BHK Tower
Chandak Cornerstone by the Chandak Group is one of the most accessible 2 BHK new-launch options in Worli's premium residential corridor. A 40-floor single tower registered under MahaRERA A5100020515 (with parallel approvals A51800016115 and A51900007516 across phases), with a 2 BHK-anchored configuration mix at carpets of 584–709 sqft and asking prices from ₹2.50 Cr to ₹3.75 Cr. Property Butler tracks roughly 16 active listings in the market — 14 sale and 2 rent — with a PSF spread between ₹40,600 and ₹53,600 (median ~₹43,500). Half the inventory is ready-to-move; the balance sits in the under-construction band. The pitch: Worli postcode prestige at a 2 BHK ticket roughly 50–60% below the median Worli sea-face or vertical-luxury tower — the cleanest entry-ticket Worli inventory in Property Butler's coverage.
Chandak Cornerstone — Worli — May 2026
₹2.50 Cr — ₹3.75 Cr
2 BHK · 584 – 709 sqft carpet · 40-floor tower · Ready + Under construction
Snapshot — At a Glance
Why Chandak Cornerstone — The Buyer Perspective
Worli is South Mumbai's vertical-luxury anchor — bordered by the Worli Sea Face to the west, Lower Parel to the east, Prabhadevi to the north, and Mahalaxmi to the south. The locality commands an average asking PSF of approximately ₹68,950 across the broader market (Property Butler's tracked May 2026 benchmark for Worli), with the highest-altitude sea-face stacks at Birla Niyaara, Lodha The Park, Prestige Nautilus and Godrej Trilogy clearing ₹90,000–1,20,000+ PSF. The Worli interior — central Worli away from the sea face — runs at a meaningful discount to the sea-face premium; Chandak Cornerstone, K. Raheja Artesia and a handful of legacy redevelopment-driven projects define this interior corridor.
The Chandak Cornerstone buyer profile is the young professional couple or the entry-ticket Worli investor who wants a Worli postcode without the ₹5+ Cr 2 BHK ticket. The 584–709 sqft 2 BHK at ₹2.50–3.75 Cr is genuinely the lowest 2 BHK entry-ticket in Property Butler's Worli coverage among new-launch and recently-OC'd inventory at this brand tier. The 40-floor tower offers genuine altitude across upper stacks; the half-ready, half-under-construction inventory mix gives buyers a choice between immediate possession and pre-launch pricing. Two rental listings exist in the building — the rental velocity is modest, which means the building remains majority owner-occupied, attractive for residents prioritising community feel over yield-investor mix. Property Butler's reading: this is a Worli postcode at a Lower Parel ticket, suitable for the buyer who values address prestige over sea-facing altitude.
The honest cons. Chandak Cornerstone is genuinely in central Worli interior, not sea-face Worli — the asking PSF reflects this. Buyers expecting the sea-face premium or the Worli Naka prestige will be disappointed; this is not the same address as Lodha The Park or Prestige Nautilus. The construction-quality benchmark of the Chandak Group sits below the Lodha or Godrej Properties tier in Mumbai luxury — expect a competent, functional fit-and-finish rather than the premium materials and signature design language of higher-tier developers. The 584 sqft compact 2 BHK is genuinely small for the family use-case — an end-use couple should walk the unit before booking; comparable 2 BHKs in newer Worli launches typically clear 700–850 sqft. The phased-development pattern (three RERA filings across A5100020515, A51800016115 and A51900007516) signals different units delivered at different OC years — this is fine for buyers willing to verify the specific unit's vintage, but creates a price-quality variance across the building. And the ₹53,600 upper-end asking PSF on certain stacks (likely the 31st-floor ready units) deserves buyer pushback — this PSF approaches the median Worli rate and the relative-value case weakens at that altitude.
Configurations and Pricing Ladder
| Config | Carpet range | Asking PSF | Asking price range | Floor / status notes |
|---|---|---|---|---|
| 2 BHK (compact) | 584 sqft | ~₹42,800 – ₹53,600 | ₹2.50 Cr – ₹3.13 Cr | 6th of 40 · under construction |
| 2 BHK (standard) | 650 – 700 sqft | ~₹42,000 – ₹46,500 | ₹3.10 Cr – ₹3.50 Cr | 13th – 31st floor · ready & UC mix |
| 2 BHK (large) | 709 sqft | ~₹43,700 | ₹3.10 Cr | 13th of 40 · ready to move |
Reading the Chandak Cornerstone pricing
Property Butler tracks the PSF spread at ₹40,600 to ₹53,600, with most ready inventory in the ₹42,000–46,500 band and the highest-PSF stacks reaching ₹53,600 at upper-floor compact units. The clean value pick is the 709 sqft 2 BHK at ₹3.10 Cr on the 13th floor — the largest available carpet at a PSF of ~₹43,700, ready-to-move inventory with a 13th-floor altitude that delivers daylight and ventilation without paying the floor-rise premium of the upper stacks. The 584 sqft compact 2 BHK at ₹2.50–3.13 Cr is the lowest 2 BHK new-launch-grade ticket in Property Butler's Worli coverage — attractive for the entry-ticket investor seeking Worli address premium, but walk the unit before booking; 584 sqft is properly compact even by 2 BHK standards. Property Butler benchmarks Worli interior 2 BHK PSFs in 2026 between ₹38,000 (legacy society redevelopment) and ₹55,000 (new launch ready stock); Chandak Cornerstone's ₹42,000–46,500 PSF band sits in the middle quartile, fair for the Worli postcode at this ticket size.
Comparison vs Two Nearest Peer Towers
| Building | Avg config | Asking PSF range | Possession | Standout factor |
|---|---|---|---|---|
| Chandak Cornerstone | 2 BHK only | ~₹42,000 – ₹53,600 | Mixed | Sub-3 Cr Worli 2 BHK entry · 40 floors · Worli interior address |
| K Raheja Artesia | 2 & 3 BHK | ~₹48,000 – ₹65,000 | Ready | K Raheja brand · higher PSF · mature ready inventory |
| Chaitanya Towers | 2 & 3 BHK | ~₹38,000 – ₹52,000 | Ready | Older Worli redevelopment · sub-3 Cr 2 BHK entry · Worli Naka area |
Location and Connectivity
Chandak Cornerstone's central Worli address places it in one of South Mumbai's most strategically connected residential micromarkets, with one important caveat — the building sits in the Worli interior, not the Worli Sea Face corridor. The Mahalaxmi Western Line station is approximately ten minutes by car from the building. The Lower Parel Western Line station is accessible in fifteen minutes via the central spine. The Bandra Worli Sea Link is accessible via the Worli sea face on-ramp in ten to twelve minutes off-peak, putting Bandra Kurla Complex within twenty-five minutes. The Coastal Road's Worli interchange compresses Marine Drive and the Nariman Point CBD to under twenty minutes off-peak. The Mumbai Metro Line 3 (Aqua Line) Acharya Atre Chowk station is ten minutes by shuttle — once Line 3 is fully commissioned, the building's residents will have underground metro access to BKC, Bandra and the airport in under forty-five minutes.
For schools, Bombay Scottish Mahim is fifteen minutes via the central link, JBCN International School Parel is twelve minutes, the Cathedral & John Connon system is accessible in twenty-five minutes via the central spine, and J.B. Petit is accessible in twenty minutes. For healthcare, Hinduja Hospital is ten minutes away, Wockhardt is fifteen minutes, Tata Memorial is twelve minutes, and KEM is fifteen minutes. The Worli lifestyle grid is one of South Mumbai's strongest — the Worli Sea Face promenade is a five-minute drive for evening walks, the Worli Koliwada heritage zone delivers strong cultural anchors, the High Street Phoenix and Phoenix Palladium catchments in Lower Parel are accessible in fifteen minutes for fine dining and luxury retail, and the Three Sisters and Willingdon Clubs are within ten to fifteen minutes. The Worli interior delivers genuine off-peak commute convenience for the BKC and Lower Parel commercial corridors.
Property Butler's Verdict
Property Butler — verdict on Chandak Cornerstone
Chandak Cornerstone is the right answer for the entry-ticket Worli buyer who wants the Worli postcode address premium at a Lower Parel ticket size, with ready-to-move inventory and a 40-floor tower offering genuine altitude. We recommend the 709 sqft 2 BHK at ₹3.10 Cr (13th floor) as the highest-conviction pick — the largest available carpet at the lowest PSF in the ready inventory band, with a 13th-floor altitude that delivers daylight without paying the floor-rise premium. For the sub-3 crore entry-ticket buyer, the 584 sqft compact 2 BHK at ₹2.50–2.65 Cr is genuinely the lowest 2 BHK new-launch-grade ticket in Property Butler's Worli coverage at this brand tier — but always walk the unit before booking; the 584 sqft footprint is properly compact. We push back on the ₹53,600 upper-end asking PSF on certain stacks — that PSF approaches the median Worli rate, and the relative-value case at Cornerstone weakens once the asking approaches sea-face-corridor PSFs. The honest negotiation lever here is the phased-delivery transparency and the construction-quality benchmark. Property Butler verifies the specific unit's RERA filing, OC year and finish-quality grade before LOI for each buyer. The Worli postcode is real; the relative-value case is meaningful at the right PSF and unit selection.
Active Market Listings
Property Butler does not hold direct owned inventory in Chandak Cornerstone — the building has ~16 active asking listings across SoBo intermediaries as of May 2026, with 14 sale and 2 rent units in the live pool. Buyers interested in Chandak Cornerstone should speak with Property Butler directly — we will source the unit, verify the specific phase RERA and OC year, negotiate against the seller-side asking premium, and structure milestone-linked disbursement and bank approvals on the buyer's behalf.
Talk to Property Butler about Chandak Cornerstone
We source 2 BHK units across the 40-floor tower, verify the RERA filing and OC year for each unit, and handle bank approvals on a per-buyer basis. Phase RERA, brochure, payment schedule — handled in-house.
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The 584 sqft compact 2 BHK is genuinely small. Comparable new-launch 2 BHKs in Worli typically clear 700–850 sqft. A 584 sqft 2 BHK is family-occupancy-compatible only for a couple or a couple with one young child; growing families should look at the 709 sqft variant or the larger 2 BHK new-launches at Lodha Adrina, K Raheja Artesia or Birla Niyaara. The three-RERA-filing structure signals phased delivery. A5100020515, A51800016115 and A51900007516 reflect three different RERA approvals for what is operationally a single building — this is normal for phased delivery, but the construction-quality, fit-and-finish and amenity status varies meaningfully across the phases. Property Butler verifies the specific unit's filing and OC year for each buyer; an oversight here costs real maintenance and resale headroom. The ₹53,600 upper-end PSF approaches the median Worli rate. The Worli market-wide asking median is approximately ₹68,950, with the interior corridor running at a 20–30% discount to the sea-face premium. Cornerstone's upper-end PSF asks at ₹53,600 approach the upper interior corridor band — not the sea-face premium, but a meaningful step above the median Cornerstone PSF. Buyers paying upper-end ask should push back on the relative-value case. The Worli interior address is genuinely different from the sea-face Worli address. A Worli sea-face address (Worli Naka, Doctor Annie Besant Road, Worli Hill Estate) commands a 25–40% premium over the Worli interior corridor on a comparable-quality 2 BHK. Buyers seeking the full Worli premium should pay the sea-face ticket directly — Cornerstone delivers the Worli postcode, not the Worli Sea Face premium. The 2 rental listings are a community-feel datapoint. A 2-of-16 rental share (12.5%) signals predominantly owner-occupied units — appropriate for residents prioritising stable community feel, less appropriate for investors looking for rental velocity datapoints in the building.
Frequently Asked Questions about Chandak Cornerstone
Is Chandak Cornerstone RERA approved?
Yes. Chandak Cornerstone is registered under three phased MahaRERA filings (A5100020515, A51800016115, A51900007516), all verifiable at maharera.mahaonline.gov.in.
When is Chandak Cornerstone possession?
Mixed. The lower-floor phase RERA stacks are ready to move with OC granted; the upper-floor phase RERA stacks remain under construction. Property Butler verifies the specific unit's status for each buyer.
What is the PSF in Chandak Cornerstone?
Property Butler tracks asking PSF between ₹40,600 and ₹53,600 across the active 2 BHK sale listings, with the median asking PSF on ready inventory at approximately ₹43,500 per sqft.
What configurations does Chandak Cornerstone offer?
Chandak Cornerstone is a 2 BHK-anchored building with carpet sizes from 584 to 709 sqft. There are no 1 BHK or 3 BHK formats in Property Butler's active inventory tracking for the building.
Are Chandak Cornerstone units sea facing?
Chandak Cornerstone sits in the Worli interior, not the Worli Sea Face corridor. Select higher-floor east-facing stacks may catch partial sea-link views; Property Butler confirms the specific view orientation for each unit before LOI.
Are home loans approved for Chandak Cornerstone?
Yes. SBI, HDFC, ICICI and Axis underwrite Chandak Group Mumbai inventory subject to individual eligibility. Property Butler arranges in-principle approval and milestone-linked disbursement on a per-buyer basis.