Lodha Grandeur in Prabhadevi is the under-discussed sibling in the Lodha Prabhadevi portfolio. Property Butler tracks 16 active resale listings as of May 2026 with an asking band of ₹42,000 – ₹65,000 / sqft. Configurations are 2 BHK, 3 BHK and 4 BHK across two boutique towers. The project does not get the marketing oxygen of Rustomjee Crown or 25 South — which is precisely why the buyer math is interesting. Asking PSF sits 18-25% below the Prabhadevi luxury median for OC-received seafront-adjacent stock.
The headline insight
Lodha Grandeur is the rare Prabhadevi address where you can buy an OC-received 3 BHK from a Tier 1 developer brand for under ₹7 Cr total ticket. The trade-offs are clear, but for end-users priced out of Rustomjee Crown and Kalpataru Oceana, this is the most rational entry into branded Prabhadevi luxury.
Project basics
Lodha Grandeur sits on roughly 1.1 acres on Veer Savarkar Marg in Prabhadevi, set back from Annie Besant Road but within a 4-minute walk to Worli Sea Face. The project comprises two residential towers of 32 and 28 floors respectively, with a shared amenity podium on the 4th level. It launched in 2011, structurally completed by 2016, OC-received in 2018, and has been in steady residential operation for 7+ years.
The project sits across the road from the Prabhadevi BEST bus depot — this is its single biggest aesthetic compromise (and the principal reason for the PSF discount to seafront-direct buildings). On the upside, the location offers easy access to Veer Savarkar Marg, the Worli-Prabhadevi flyover, and the Coastal Road exit at Worli, all within 3-5 minutes by car.
| Configuration | Carpet (sqft) | Asking PSF | Total ticket | Active listings |
|---|---|---|---|---|
| 2 BHK | 950 – 1,150 | ₹42,000 – ₹52,000 | ₹4.0 – 6.0 Cr | 5 |
| 3 BHK | 1,400 – 1,750 | ₹46,000 – ₹58,000 | ₹6.4 – 10.2 Cr | 8 |
| 4 BHK | 2,100 – 2,500 | ₹52,000 – ₹65,000 | ₹10.9 – 16.3 Cr | 3 |
Why the PSF discount exists — honestly
Buyers comparing Lodha Grandeur with Rustomjee Crown often ask "why the gap?" Property Butler tracks five drivers:
- Bus-depot view bands. The eastern-facing apartments (roughly half the building) overlook the Prabhadevi BEST depot. This is not just a view issue — it is also a noise consideration. Diesel bus warm-ups at 5:30 AM are audible from lower-band east-facing units.
- No direct sea facade. Even the western-facing apartments do not face the sea directly. The view band runs across rooftops of intermediate buildings before reaching the sea. There is no curtain-wall sea panorama equivalent to 25 South.
- Smaller amenity stack. The amenity podium has a pool, gym, banquet, kids' area — functional but smaller in scale than Rustomjee Crown's 3-tower amenity. No spa wing, no separate clubhouse.
- Configuration mix. 2 BHK presence dilutes the building's average buyer profile compared to Rustomjee Crown (which is 3+ BHK only).
- Floor-plate efficiency. Tower A stacks 4-5 apartments per floor, Tower B stacks 4 per floor — meaningfully denser than the boutique towers in this micro-market.
The discount is structurally earned, not anomalous. It is also exactly what makes Lodha Grandeur the rational pick for a specific buyer profile: someone who values the Lodha brand pedigree, the OC-received status, the Prabhadevi address, and the Veer Savarkar Marg connectivity — but is not willing to pay the seafront premium.
Where Grandeur genuinely wins
✓ Where Grandeur is the rational answer
- 2 BHK end-user under ₹6 Cr in branded Prabhadevi luxury
- 3 BHK family of 4-5 at ₹7-10 Cr who value Lodha brand + Prabhadevi address
- Coastal Road / Worli flyover commuter (BKC, Worli, Lower Parel offices)
- Investor seeking strong rental yield on lower entry PSF
- Buyer prioritising western-band apartments above 18th floor
× Where Grandeur is the wrong answer
- Trophy-asset buyer at ₹15 Cr+ — pick 25 South or Rustomjee Crown
- Sea-view priority buyer at any ticket size
- East-facing apartment shoppers below 15th floor (depot noise + view)
- Family of 6+ needing 4 BHK above 2,800 sqft — stock too thin
- Privacy-focused buyer expecting boutique density
Floor-band reality check
- Floors 5 – 14, east-facing: direct view of bus depot. PSF discount of 18-25% to building median for the same configuration. Noise at early morning is real.
- Floors 5 – 14, west-facing: rooftop view across intermediate buildings, no sea visibility. PSF at building median minus 5-8%.
- Floors 15 – 24, east-facing: bus depot view but elevation reduces noise impact. PSF discount of 8-12% to building median.
- Floors 15 – 24, west-facing: partial sea horizon visible past obstructing buildings. PSF at building median.
- Floors 25 – 32, west-facing: clean sea horizon, premium of 10-15% to median. Most active band.
- Floors 25 – 32, east-facing: elevated bus depot view, manageable. PSF discount of 5-8%.
Buyer takeaway: avoid east-facing apartments below the 15th floor unless the discount is 25%+. West-facing apartments above the 25th floor are the building's sweet spot.
Total ticket-size band, Lodha Grandeur Prabhadevi
₹4.0 Cr — ₹16.3 Cr
Based on 16 active Property Butler-tracked listings, May 2026
What you get on hand-over
Lodha Grandeur was finished at Lodha's mid-luxury tier — one notch below the World Towers spec but above the entry-tier Lodha Vista finish. Standard hand-over includes:
- Italian marble flooring across living, dining and circulation
- Vitrified or hardwood flooring in bedrooms (varies by tower)
- Modular kitchen with hob, hood, water purifier; not fully appliance-fitted
- Split AC indoor units in living and bedrooms (no centralised chiller)
- Bath fittings: standard Indian / mid-tier imported brands (Jaquar, mostly)
- Built-in wardrobes in master bedroom, basic in others
- Servant quarter (with attached bath) only in 4 BHK
Fit-out budget: ₹1,200 – ₹1,800 / sqft for an end-user upgrade. So a 1,500 sqft 3 BHK at ₹8 Cr asking adds ₹18 – 27 lakh of fit-out before move-in.
CAM and operating costs
Lodha Grandeur CAM is currently ₹22 – ₹26 / sqft / month — meaningfully cheaper than Rustomjee Crown (₹28-32) and 25 South (₹32-38). For a 1,500 sqft 3 BHK, that translates to roughly ₹33,000 – 39,000 / month, plus utilities, plus parking levy if you have more than the allotted slots.
The CAM economy reflects three things: the simpler amenity stack (no spa, smaller pool, no dedicated concierge desk), the standard split AC system (no centralised chiller running 24x7), and the building's mid-density floor plate (more apartments share fixed costs).
Rental economics
| Configuration | Avg furnished rent | Gross yield | Net yield (post-CAM) |
|---|---|---|---|
| 2 BHK furnished | ₹1.4 – 1.8 lakh / mo | 3.5 – 4.2% | 2.6 – 3.2% |
| 3 BHK furnished | ₹2.4 – 3.2 lakh / mo | 3.2 – 3.8% | 2.4 – 2.9% |
| 4 BHK furnished | ₹3.5 – 4.5 lakh / mo | 3.0 – 3.5% | 2.2 – 2.7% |
Rental yield at Lodha Grandeur is reasonable but not exceptional. The address is well-connected for BKC, Lower Parel and Worli office commutes, which keeps vacancy low. Expat tenants prefer Worli and Bandra over Prabhadevi for lifestyle reasons, so the tenant pool is largely Indian senior executives and family-relocators.
Resale liquidity
| Configuration / band | Median time on market | Avg discount to ask | Annual closes |
|---|---|---|---|
| 2 BHK west-facing 18+ | 75 – 110 days | 4 – 6% | 5 – 7 |
| 3 BHK west-facing 18+ | 90 – 130 days | 5 – 7% | 7 – 10 |
| 3 BHK east-facing | 140 – 200 days | 8 – 12% | 2 – 4 |
| 4 BHK west-facing 25+ | 110 – 160 days | 5 – 8% | 2 – 3 |
| East-facing low-floor | 200 – 280 days | 10 – 16% | 1 – 2 |
The single largest determinant of resale velocity here is whether the apartment faces west or east. West-facing 3 BHKs above the 18th floor sell in roughly half the time of low-floor east-facing stock, at 4-7 percentage points lower discount. If you are buying for resale optionality, this is the only band that matters.
Frequently Asked Questions
Is Lodha Grandeur the same as Lodha Marquise?
No. Lodha Marquise is a separate Lodha project elsewhere in Prabhadevi. Lodha Grandeur is on Veer Savarkar Marg, Lodha Marquise is on a different plot. Confirm RERA registration before token deposit.
How loud is the BEST bus depot from inside the apartments?
Audible from east-facing apartments below the 15th floor in the early morning (5:00-7:00 AM during bus warm-ups). Above the 18th floor, the noise reduces meaningfully due to elevation. West-facing apartments at any floor are unaffected. If you are seriously considering an east-facing apartment, visit at 5:30 AM before signing the agreement.
Can I see the sea from any apartment?
Above the 25th floor, west-facing apartments get a clean sea horizon view across the intermediate buildings. Below the 25th, the view is partial and obstructed. East-facing apartments do not get sea visibility at any floor.
What is the parking allotment?
2 BHKs are allotted 1 parking slot, 3 BHKs get 2, and 4 BHKs get 2-3. Visitor parking is shared and limited. Additional slots can be purchased from sellers at ₹18-25 lakh subject to availability.
How does Grandeur compare to Rustomjee Crown for a 3 BHK family buyer?
Rustomjee Crown gives you the 3-tower complex amenity, the seafront-direct address, and the larger floor plates — at ₹75,000-95,000 / sqft for sea-facing 3 BHKs. Lodha Grandeur gives you a smaller boutique scale, no direct sea view, and lower CAM — at ₹46,000-58,000 / sqft. The price difference for a comparable 3 BHK is ₹3-5 Cr. Choose Grandeur if you value the Lodha brand at a rational entry; choose Crown if seafront is non-negotiable.
Looking inside Lodha Grandeur Prabhadevi?
Property Butler tracks all 16 active resale listings plus off-market stock. We will send you only the west-facing apartments above the 18th floor — the band that actually performs. Tell us your configuration preference.
Search Lodha GrandeurRelated Reading
→ 25 South Prabhadevi Wadhwa-Hubtown deep review → Rustomjee Crown Prabhadevi tower decoder → Prabhadevi mid-luxury ₹8-12 Cr sweet spot → Prabhadevi property buying guide 2026 → Prabhadevi Coastal Road + Metro 3 connectivity premiumLodha Grandeur is not the most glamorous Prabhadevi address — the bus depot view from half the building ensures it never will be. But for an end-user buyer who wants the Lodha brand pedigree, the Prabhadevi pin code, OC-received status with 7 years of operating history, and Coastal Road connectivity at a rational entry PSF, this is the building that the noise of the seafront-trophy market consistently overlooks. Buy west-facing above the 18th floor, walk away from anything below the 15th, and the math works for end-users and conservative investors alike.