Sarvesh One — Lower Parel's Compact-Format Sub-₹2 Cr Entry
Sarvesh One by Sarvesh Enterprises is one of the few Lower Parel projects in 2026 still selling 1 BHK and 2 BHK formats under ₹3 crore on N.M. Joshi Marg, an addressable five-minute walk from Lower Parel Station. The 22-storey tower is registered under MahaRERA P51800022923 and targets December 2026 possession. Property Butler holds six live units in this building right now: 430–449 sqft 1 BHKs from ₹1.86 Cr, a 582 sqft 2 BHK at ₹2.62 Cr, and two large jodi formats of 892 and 1,023 sqft from ₹3.80 to ₹4.60 Cr. For a Lower Parel address that is genuinely walkable to the railway station, this is the most accessible price-band in the micromarket.
Sarvesh One — Lower Parel — May 2026
₹1.86 Cr — ₹4.60 Cr
1 BHK · 2 BHK · 1+1 / 1+2 BHK Jodi · 430 – 1,023 sqft carpet · Possession Dec 2026
Snapshot — At a Glance
Why Sarvesh One — The Buyer Perspective
Sarvesh One is built for a very specific buyer: the salaried professional, the early-career banker or law-firm associate, the first-time Mumbai homeowner who wants a Lower Parel address but cannot stomach the ₹6–8 Cr ticket size that the headline towers on Senapati Bapat Marg now command. The pitch is simple — a tightly designed 22-storey tower, on a clean Lower Parel side street, walking distance to the railway station, two minutes from Phoenix Palladium and Kamala Mills. For someone who works in BKC, Lower Parel itself, or Worli, Sarvesh One delivers the address premium without the price premium.
The configuration mix is telling. The base unit is a 430–449 sqft 1 BHK at ₹1.86–1.93 Cr — genuinely the lowest entry ticket in central South Mumbai for a fresh-construction RERA-approved tower. The 2 BHK at 582 sqft for ₹2.62 Cr is the obvious sweet-spot for a young couple. The two jodi formats — 892 sqft (1+1 BHK combined) at ₹3.80 Cr and 1,023 sqft (1+2 BHK combined) at ₹4.60 Cr — are the building's smartest play. Jodi units give a buyer the carpet of a 3 BHK at the per-sqft of a 1 BHK product, with the option to remove the dividing wall during fitouts and create a single large home. For families upgrading from ageing Matunga or Dadar tenements without the budget for Worli or Prabhadevi, this is exactly the format that works.
The honest cons. This is a builder-finish, mid-budget product, not a Lodha-tier luxury tower. The amenity package is functional rather than aspirational — a gymnasium, yoga deck, toddler's play area, open-to-sky garden, fish pedicure, indoor games, senior citizen plaza. There is no infinity pool, no clubhouse spa, no concierge service. The plot footprint is compact, so the open space ratio is lower than a podium tower like Indiabulls Sky Forest or Lodha Allura. Views are predominantly city-view and internal — no sea, no Worli skyline. And the carpet sizes for the 1 BHK formats are tight — 430 sqft is genuinely small if you have any aspiration to convert a study to a guest room. Buyers should walk a sample flat before committing, especially if they are coming from a 600+ sqft rented apartment elsewhere.
Configurations and Pricing Ladder
| Config | Carpet | Asking price | Implied PSF | Floor / view notes |
|---|---|---|---|---|
| 1 BHK | 430 sqft | ₹1.93 Cr | ₹44,884 | High floor (16–25) · city view |
| 1 BHK | 439 sqft | ₹1.86 Cr | ₹42,369 | Mid floor (8–15) · city view |
| 1 BHK | 449 sqft | ₹1.90 Cr | ₹42,317 | Mid floor (8–15) · city view |
| 2 BHK | 582 sqft | ₹2.62 Cr | ₹45,017 | Mid floor (8–15) · city view |
| 1+1 BHK Jodi | 892 sqft | ₹3.80 Cr | ₹42,601 | Mid floor · combinable into 2 BHK |
| 1+2 BHK Jodi | 1,023 sqft | ₹4.60 Cr | ₹44,966 | Mid floor · combinable into 3 BHK |
Reading the Sarvesh One pricing ladder
Property Butler tracks Lower Parel new-launch PSFs in 2026 between ₹38,000 (legacy mid-budget projects, low floor) and ₹85,000+ (Lodha tier, high floor, sea view). Sarvesh One sits firmly in the ₹42,000–₹45,000 PSF band — that is the bottom quartile for Lower Parel new construction. The premium stacks on Senapati Bapat Marg trade at nearly 2x this PSF. Buyers should treat Sarvesh One as a pure value entry, not as a premium luxury asset. The jodi formats are the most efficient pricing — ₹42,000 PSF for an effectively 2 BHK or 3 BHK carpet is among the cheapest workable family formats in the entire Worli–Lower Parel corridor.
Comparison vs Two Nearest Peer Towers
| Building | Asking PSF range | Possession | Standout factor |
|---|---|---|---|
| Sarvesh One | ₹42,000 — ₹45,000 | Dec 2026 | Lowest 1 BHK ticket on N.M. Joshi Marg · jodi format flexibility |
| Indiabulls Sky Forest | ₹52,000 — ₹68,000 | Ready · OC | 75-storey Lower Parel skyline tower · sea-view stacks |
| Lodha Allura (Lower Parel) | ₹62,000 — ₹85,000 | Under construction | Lodha-tier branding · branded clubhouse · premium fitouts |
Location and Connectivity
Sarvesh One's address on N.M. Joshi Marg places it inside the original Lower Parel mill quarter — the side of Lower Parel that has remained walkable, low-rise, and predominantly residential as opposed to the high-rise commercial corridor on Senapati Bapat Marg. Lower Parel station is a five to seven-minute walk depending on which exit you use. Phoenix Palladium and Kamala Mills are five minutes away by foot or auto. The Western Express Highway is accessible via Tulsi Pipe Road and the link road network. The forthcoming Mumbai Metro Line 3 has a Lower Parel station on Senapati Bapat Marg, which when fully commissioned will compress airport drive times to under thirty minutes off-peak.
For schooling and healthcare, the catchment is established — Hinduja Hospital is a ten-minute drive, Wockhardt and Tata Memorial are accessible via the central link. Bombay Scottish, Cathedral and John Connon, and J.B. Petit are within a twenty-minute window via either the Sea Link or the Tulsi Pipe Road corridor. The Lower Parel F&B and retail grid — Phoenix Palladium, Kamala Mills, High Street Phoenix — is within walking distance, which is rare for any sub-₹3 Cr Mumbai apartment.
Property Butler's Verdict
Property Butler — verdict on Sarvesh One
Sarvesh One is the right answer for the buyer who values a real Lower Parel address over the size, branding and amenity stack of a podium tower. We recommend the 2 BHK at 582 sqft and the 1+2 BHK Jodi at 1,023 sqft as the best risk-adjusted picks — the per-sqft is at the floor of Lower Parel pricing and the floor plates are practical. We push back on the 430 sqft 1 BHK for end-use unless the buyer has genuinely lived in a 400-sqft format before; for investor buyers, the 430 sqft works well as a rental asset with a ₹50,000–₹70,000 monthly rent expectation post-possession. The honest negotiation lever here is possession risk — this is a December 2026 target, and slips of three to six months are not unusual for mid-budget Lower Parel construction. Hold the developer to a registered agreement, RERA-mandated possession clause, and a payment schedule weighted to milestone completion. We have run this trade-off in detail on every Sarvesh One transaction we have closed.
Property Butler Inventory in Sarvesh One
Sarvesh One — 1 BHK
430 sqft · High Floor (16–25) · City view · Dec 2026
₹1.93 Cr
Sarvesh One — 1 BHK
439 sqft · Mid Floor (8–15) · City view · Dec 2026
₹1.86 Cr
Sarvesh One — 1 BHK
449 sqft · Mid Floor (8–15) · City view · Dec 2026
₹1.90 Cr
Sarvesh One — 2 BHK
582 sqft · Mid Floor (8–15) · City view · Dec 2026
₹2.62 Cr
Sarvesh One — 1+1 BHK Jodi
892 sqft combined · Mid Floor · Dec 2026
₹3.80 Cr
Sarvesh One — 1+2 BHK Jodi
1,023 sqft combined · Mid Floor · Dec 2026
₹4.60 Cr
What Sarvesh One Buyers Commonly Miss
The jodi math is the unlock. Most agents pitch 1 BHK and 2 BHK separately, but the genuine value play at Sarvesh One is the 1+1 BHK and 1+2 BHK Jodi format. Pay ₹3.80 Cr for the 892 sqft Jodi instead of two separate 1 BHKs at ₹3.79 Cr combined, take a single registration, save on stamp duty by structuring as one transaction, and during interior fitouts knock down the wall to convert into a single 2 BHK with a master suite. The functional gain is roughly 15% on usable carpet versus a comparable 2 BHK product, and you keep the option to wall it back up for resale flexibility. The compact 1 BHK is a yield asset. The 430 sqft format will rent post-possession at ₹55,000–₹70,000 per month based on Lower Parel comparable rentals, putting gross yield at 3.4–4.0% — among the highest yields anywhere in central South Mumbai. NRI buyers and rental-income investors should focus on this format. The 22-storey count means low waiting times. Compared to 60 and 75-floor towers in the same micromarket, a 22-floor tower with smaller floor plates means lift wait times, fire safety drills, and society overhead all trend lower. For a working professional, this matters more than buyers expect.
Talk to Property Butler about Sarvesh One
We hold six live units. Floor plans, RERA agreement, payment schedule, bank approvals — handled in-house.
See our Sarvesh One unitsWhatsApp UsFrequently Asked Questions about Sarvesh One
Is Sarvesh One RERA approved?
Yes. Sarvesh One is registered under MahaRERA with registration number P51800022923. The project status, expected possession, and approved plans can be verified at maharera.mahaonline.gov.in.
What is the possession date for Sarvesh One?
Target possession is December 2026. Buyers should review the RERA-mandated possession clause in the Agreement for Sale and the milestone-linked payment schedule before booking.
What is the price per sqft at Sarvesh One in 2026?
Across 1 BHK, 2 BHK, and Jodi formats Property Butler is currently transacting at ₹42,000–₹45,000 per sqft. This is the lowest PSF band for any new-construction RERA-approved tower on N.M. Joshi Marg or Senapati Bapat Marg in central Lower Parel.
What is a Jodi unit at Sarvesh One?
A Jodi unit at Sarvesh One is two side-by-side apartments combined into a single residence, registered as one unit. The 1+1 Jodi at 892 sqft can be configured as a 2 BHK after demolishing the dividing wall during fitouts; the 1+2 Jodi at 1,023 sqft can be configured as a 3 BHK. Jodi units offer the carpet of a larger format at the per-sqft of a smaller format.
Are home loans approved for Sarvesh One?
Sarvesh One is RERA-approved with proper title clearance, which makes it eligible for home loans from leading lenders including SBI, HDFC, ICICI and Axis subject to individual underwriting. Property Butler can help arrange in-principle approval and disbursement on a milestone-linked schedule.
What amenities does Sarvesh One offer?
The amenity package includes a gymnasium, yoga deck, toddler's play area, open-to-sky garden, fish pedicure, indoor games room, and senior citizen plaza. The amenity package is functional rather than luxury — suited to a value-band buyer rather than a Lodha-tier luxury buyer.
What is the rental potential at Sarvesh One after possession?
Based on current Lower Parel comparable rentals, the 430–449 sqft 1 BHK is expected to rent at ₹55,000–₹70,000 per month, the 582 sqft 2 BHK at ₹85,000–₹1.05 lakh per month, and the Jodi formats at ₹1.10–₹1.45 lakh per month. Gross yield post-possession is in the 3.4–4.0% band — among the highest in central South Mumbai for new-construction RERA towers.