Mayur Building Bandra West — The Ready 1,960 sqft 3 BHK on NS Road No. 8
Mayur Building is a ready, OC-received residential property on NS Road No. 8 in Bandra West — one of the most prized residential addresses in Mumbai's Western corridor, the lane running through the heart of the celebrity-and-actor neighbourhood that has historically anchored the Bandra Bandstand-and-Pali-Hill ecosystem. Property Butler is live with one 3 BHK unit: 1,960 sqft carpet (2,350 sqft usable area), ₹15.00 Cr (~₹76,530/sqft on carpet), Road Facing, on the 6th floor, ready possession with the building OC received and well-occupied. Developer is Mayur Builders And Developers — an established Mumbai-vintage developer whose Bandra West portfolio has historically targeted end-user buyers in the well-off but not ultra-luxury segment. The structural narrative: a completed, well-occupied building (no RERA filing on disclosure as the project completed prior to MahaRERA's introduction in 2017), on NS Road No. 8 — within walking distance of Bandra Bandstand, the Carter Road promenade, the Linking Road retail belt, Pali Hill's restaurant cluster, and the Bandra-Worli Sea Link approach. For a buyer searching ready Bandra West 3 BHK product at sub-₹16 Cr with the structural certainty of an OC-received well-occupied building, this is the listing.
Mayur Building · Bandra West · May 2026
₹15.00 Cr
3 BHK · 1,960 sqft carpet · 2,350 sqft usable · 6th floor · NS Road No. 8 · Ready · OC Received
Snapshot — At a Glance
Why Mayur Building — Buyer Perspective
The Mayur Building buyer is the Bandra West end-user — a family upgrading from a smaller Bandra address, a Bollywood-or-celebrity-adjacent professional who values the NS Road No. 8 social fabric, or a cross-Mumbai relocator who has decided the Western Suburbs corridor is where the household needs to live. The structural pitch is the address itself: NS Road No. 8 is the kind of Bandra West lane that has hosted multiple decades of resident families, celebrity neighbours, and the slow-build neighbourhood character that newer Western Suburbs sub-localities (Kandivali, Goregaon, Dahisar) take 20+ years to acquire. The 1,960 sqft carpet (with 2,350 sqft usable) gives the buyer a real four-bedroom-equivalent living envelope at a 3 BHK price ticket — meaningful for a multi-generational family or a household that values living-and-dining-and-entertainment-room separation. Bandra West's market median PSF for ready 2 BHK product trades around ₹54,500/sqft per Property Butler's tracked active inventory; comparable Bandra West ready 3 BHK at NS Road No. 8 calibration trades meaningfully above that mid-range, and Mayur's ₹76,530/sqft carpet positioning sits within the address-premium band for the lane.
The pros: ready possession in a well-occupied building means immediate occupancy or rental cash flow, no GST on registration cost, no construction-risk exposure, and the OC-received certainty that lenders and resale buyers price with a meaningful premium. The 1,960 sqft carpet / 2,350 sqft usable spread (a ~20% loading from carpet to usable, which is consistent with older-Bandra building footprints where the carpet definition excludes substantial column-and-wall thickness, and the usable-area number is the practical-living envelope) gives the buyer materially more living space than newer Bandra carpet specifications. The address — NS Road No. 8 in Bandra West — is structurally rare and sits in the kind of social fabric that supports household-formation economics across decades. The cons we are honest about: the Road Facing aspect is exactly that — Road Facing — meaning street-level traffic noise and the pedestrian visibility that quieter inner-lane addresses don't carry; the 6th floor positioning is mid-tier rather than high-floor, which becomes a resale conversation if a higher-floor unit in the same building or adjacent buildings emerges at competitive pricing; the building is older-vintage product (completed pre-MahaRERA's 2017 introduction means the structure was OC'd in earlier cycles), so the construction quality and amenity provision are calibrated to that vintage rather than current Class-A new builds — buyers should physically inspect the structural condition, common-area maintenance, and lift/elevator condition before finalising the underwrite.
Configuration & Pricing Ladder
The dual PSF reading (carpet vs usable) is critical for the Mayur Building underwrite. Older-Bandra building footprints typically deliver 15-25% loading from carpet to usable, reflecting the pre-RERA building practice where the carpet definition excluded substantial wall-and-column thickness. Property Butler observes the Mayur unit's ~20% carpet-to-usable loading is consistent with the lane's older-vintage benchmarks. The carpet PSF (~₹76,530/sqft) is the apples-to-apples comparison versus newer Bandra West 3 BHK product where carpet definitions are tighter; the usable PSF (~₹63,830/sqft) is the apples-to-apples comparison versus older Bandra West 3 BHK product calibrated on similar usable measurements. For a buyer comparing this unit against newer Bandra West redevelopments at ₹85,000-1,10,000/sqft carpet, Mayur's carpet PSF positions ~10-30% below — but the trade is older-vintage construction quality versus newer build.
Comparison vs Two Nearest Peer Buildings in Bandra West
Read the comparison this way: Mio Miraya is the newer-build Bandra West play targeting contemporary buyers with newer specifications and a higher-rise tower configuration; DLH Signature is the brand-name play with the DLH developer pedigree. Mayur Building's wedge is the address — NS Road No. 8 — combined with the older-vintage carpet generosity (1,960 sqft carpet / 2,350 sqft usable is structurally larger than newer-build 3 BHK product at the same price ticket) and the well-occupied building social fabric. For the buyer who values address pedigree and large living envelope, Mayur is the play. For the buyer who values newer-build construction quality and contemporary specifications, Mio Miraya or DLH Signature is the alternative.
Location & Connectivity — NS Road No. 8 / Bandra West
Mayur Building sits on NS Road No. 8 in Bandra West — within walking distance of the Bandra Bandstand promenade, the Carter Road waterfront, Pali Hill's restaurant-and-celebrity cluster, and the Linking Road retail belt. Specific connectivity: Bandra Railway Station ~2 km (Western Line), Bandra-Worli Sea Link entry ~1.5 km (5 minutes off-peak — provides 12-15 minute access to Worli, Lower Parel and direct connection south to Marine Drive via Coastal Road Phase 1), Western Express Highway access ~1 km, Mumbai International Airport ~6 km via the Western Express Highway (~12-18 minutes off-peak), BKC ~4 km via the Sea Link, Lilavati Hospital ~1 km, Holy Family Hospital ~2 km. The Mumbai Metro Line 3 (Aqua Line) Bandra Metro Station is operational since May 2025 and provides direct connectivity to BKC at a 10-12 minute door-to-door ride. Schools within walking distance include Cathedral & John Connon prep at Fort (longer commute via Sea Link), AVM Andheri (~6 km), Ascend International BKC (~5 km via Sea Link), and Bandra-area schools including St. Andrew's College on Hill Road (~1.5 km). F&B and retail anchors: the Pali Hill restaurant cluster (~1 km), Linking Road retail (~1 km), Kahkashan and the Carter Road eateries (~2 km), Bandra Linking Junction (~1.5 km).
Property Butler's Verdict
Mayur Building is the Bandra West address-premium underwriting candidate. The PB unit at 1,960 sqft carpet, ₹15.00 Cr is fairly priced at ~₹76,530/sqft for the NS Road No. 8 lane positioning and the older-vintage 2,350 sqft usable area envelope. For end-occupiers, the deal is compelling — large carpet, well-occupied building, ready possession, and a Bandra West address that materially supports household-formation economics over decades. For investors, the rental yield math (Bandra West ready 3 BHK rental yields run 2.5%-3.2% gross — this would target ₹38-48 Lakh annual gross at current rate benchmarks) makes the IRR reasonable but not extraordinary; the wedge is capital appreciation rather than yield, supported by Bandra West's historical price-trajectory in the Western Suburbs corridor. Negotiate on: society transfer charges and the share-certificate transfer (well-occupied buildings have established societies and clear transfer protocols which is a positive); structural condition certificate (older-vintage building means independent structural audit before signing — standard practice for any pre-MahaRERA inventory); maintenance charge schedule; and parking allotment confirmation (Bandra West parking is at a structural premium and older buildings typically allocate one bay per 3 BHK with possible secondary bay availability). Skip if you need a sea-view or open-water aspect (Mayur is Road Facing). Skip if you need contemporary new-build construction specifications (older-vintage building does not deliver Class-A finishes). Buy if you value the NS Road No. 8 address premium, the large 2,350 sqft usable area envelope, and the certainty of well-occupied ready possession. — Property Butler
Bandra West Resale & Yield Notes
Resale dynamics for ready Bandra West 3 BHK product, particularly in older-vintage well-occupied buildings, hold a different rhythm from newer-build product. Days-on-market for well-priced ready Bandra West 3 BHK in the established lane addresses (NS Road, Pali Hill, Carter Road, 14th-Bandra Road) trades 60-120 days on PB's deal-desk observations, with the buyer pool dominated by Bandra-area end-users (~80% of trades) and a smaller cross-Mumbai relocator segment. Rental yield benchmarks for Bandra West 3 BHK ready run 2.5%-3.2% gross — at the PB unit's ₹15.00 Cr, that targets approximately ₹38-48 Lakh annual gross rental at current rate benchmarks. Capital appreciation in established Bandra West lanes has historically tracked 5-9% CAGR across cycles, materially above newer Western Suburbs alternatives (Goregaon, Kandivali, Dahisar) where the locality maturation premium has not yet been captured. The well-occupied building's society dynamics — established maintenance, predictable common-area condition, the social fabric of long-term resident families — is the structural support that older-vintage Bandra West product trades against newer-build alternatives.
Property Butler Inventory in Mayur Building
One ready 3 BHK unit, OC received, on a well-occupied building's 6th floor:
- 3 BHK · 1,960 sqft carpet (2,350 sqft usable) · ₹15.00 Cr · Road Facing · 6th floor · Wing A · Unit 601 · OC Received · Ready · NS Road No. 8 Bandra West
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WhatsApp us about Mayur BuildingFAQ — Mayur Building Bandra West
Is Mayur Building ready to move in?
Yes — the building is OC received and well-occupied. The Property Butler tracked 6th floor 3 BHK unit is ready for possession within standard registration and society-formality timelines.
Where is Mayur Building located?
Mayur Building is on NS Road No. 8, Bandra West — one of the established Bandra West residential lanes, within walking distance of Bandstand, Carter Road, Pali Hill and Linking Road. The Bandra-Worli Sea Link entry is approximately 1.5 km away.
What is the asking PSF in Mayur Building?
Property Butler's tracked unit prices at approximately ₹76,530 per sqft on carpet (1,960 sqft, ₹15.00 Cr). On the usable-area metric (2,350 sqft), the PSF reads ~₹63,830/sqft. Both are calibrated against the older-vintage Bandra West carpet definition convention.
Is Mayur Building RERA approved?
Per the developer's disclosure, Mayur Building is a completed pre-MahaRERA project — the building was OC'd before MahaRERA's introduction in 2017 and therefore does not carry a RERA registration number. Standard due diligence on title, OC and society documentation should be conducted via independent legal counsel before signing the agreement.
What is the carpet vs usable area difference at Mayur Building?
The Property Butler tracked unit has 1,960 sqft carpet area and 2,350 sqft usable area — a ~20% loading from carpet to usable, which is consistent with older Bandra West buildings where the carpet definition excluded substantial wall-and-column thickness. The usable area is the practical-living envelope.
Is the unit sea-facing?
No. The Property Butler tracked 6th floor unit is Road Facing — the aspect is across NS Road No. 8 rather than open-water sea exposure. Buyers prioritising Bandra West sea-facing inventory should look at Bandstand, Carter Road or Linking Road sea-aspected buildings.
Are home loans approved for Mayur Building?
Yes — being an OC-received, well-occupied building, home loans are routinely approved by major lenders including HDFC, ICICI, SBI, Kotak, Axis and LIC HF. Older-vintage buildings may require an additional structural-condition appraisal for sanction, which most lenders accommodate within their standard underwriting protocol. Property Butler can introduce a banker once you shortlist the unit.