Shivalik Gulmohar Avenue prices roughly 60.5% below Raheja Riviera Tower on a per-sqft basis (₹24,119/sqft vs ₹61,118/sqft). Shivalik Gulmohar Bandra East vs Raheja Riviera Worli — Bandra E vs Worli. Property Butler tracks both projects with verified RERA, configuration, and pricing data — here's the head-to-head.
Shivalik Gulmohar Avenue vs Raheja Riviera Tower — May 2026 snapshot
| Shivalik Gulmohar Avenue | Raheja Riviera Tower | |
|---|---|---|
| Locality | Bandra East | Worli |
| Developer | Shivalik Ventures | Raheja Universal |
| Status | Under Construction | Under Construction |
| Configurations | 1, 2 BHK · carpet 322–641 sqft | 3, 4, 5 BHK · carpet 1599–3687 sqft |
| Asking range | ₹1.77 Cr–₹1.77 Cr | ₹8.23 Cr–₹24.99 Cr |
| Avg asking PSF | ₹24,119/sqft | ₹61,118/sqft |
| Total units | 742 | 402 |
| Towers · Floors | 12 · — | 2 · 74 |
| RERA | P51800014036 | P51900032251 |
| Property Butler trust | 87/100 (A) | 88/100 (A) |
Pricing — Where Each Project Sits
Shivalik Gulmohar Avenue carries an asking PSF of ₹24,119/sqft, 60.5% below Raheja Riviera Tower at ₹61,118/sqft. On a 1,800 sqft 3 BHK, that's a delta of approximately ₹6.66 Cr in headline price for the same carpet area. Whether that gap is "value" or "warranted premium" depends on the trade-offs below.
What Each Project Does Well
Shivalik Gulmohar Avenue — Strengths
Twelve towers on a compact footprint produce a community of scale with shared amenities that include a gymnasium, dedicated visitor parking, intercom and piped gas. The Bandra East address is genuinely investment-grade, with BKC offices, Bandra station and the Western Express Highway all within minutes, supporting strong tenant demand from professionals. Educational institutions, retail and dining cluster around the precinct, while a 4.1 resident rating signals healthy day-to-day satisfaction across the community.
Raheja Riviera Tower — Strengths
Entry-floor pricing at ₹51,438 PSF (4 BHK Solitaire, 11th floor) is approximately 17% below Worli's current median asking PSF of ₹61,902, providing a meaningful structural discount for buyers willing to accept a 2.5-year possession horizon. Raheja Universal carries 46 years of operating history with 53 delivered projects totalling 8.34 million square feet and zero MahaRERA complaints on the active Phase 2 registration P51900032251. The Skyplex tier on floors 50-57 features the world's highest residential sky bridge at 205 metres, wrapped decks up to 578 sqft, and panoramic views including Sea Link corner (Orlov) and Harbour-plus-Racecourse (Millennium Star) — irreplaceable orientations in this corridor. Connectivity is class-leading with Metro Line 3 now operational reducing BKC commute to 12 minutes, Lower Parel station at 3 minutes, and Coastal Road Phase 1 active. The 25:25:25:25 payment plan available on Skyplex configurations gives buyers significant cash flow flexibility versus traditional construction-linked plans.
The Honest Trade-offs
Shivalik Gulmohar Avenue — Watch-outs
Air quality near the highway dips during peak hours and the monsoon shoulder, while the surrounding stretch experiences traffic build-up at school and office timings. Some peripheral parks need better upkeep, and on-street parking pressure is noticeable for visitors during weekday evenings.
Raheja Riviera Tower — Watch-outs
December 2029 possession is a 2.5-year construction risk — buyers needing immediate occupancy should consider ready-to-move alternatives like Lodha World Towers or Lodha Park, which trade at a 15-20% PSF premium. Skyplex pricing on floors 50-57 (₹65,500-68,343 PSF) sits above the Worli median, so buyers prioritising value should target the Solitaire and Allnatt lower-floor inventory. The compact 5-acre site with 402 residences across two towers means per-unit open space is lower than larger Worli master plans like Lodha Park.
Property Butler's Take — Who Should Pick Which
Pick Shivalik Gulmohar Avenue if you're optimising for value — the PSF advantage compounds across a 5-7 year hold. Best for first-time luxury buyers and investors with a clear hold horizon.
Pick Raheja Riviera Tower if your buying decision is residence-driven rather than appreciation-driven. You're paying for amenity tier, brand, or specific configurations the other project doesn't offer.
Final word: in the South Mumbai luxury segment, the developer's track record matters as much as the headline price. Shivalik Gulmohar Avenue carries a Property Butler trust score of 87/100; Raheja Riviera Tower carries 88/100. The higher score reflects RERA cleanliness, delivery history, and resident sentiment — not marketing.
Related
Shivalik Gulmohar Avenue — full project page Raheja Riviera Tower — full project page Bandra East property guideStuck between Shivalik Gulmohar Avenue and Raheja Riviera Tower?
Property Butler tracks active inventory in both. Honest pricing, side-by-side site visits, no portal noise.
WhatsApp Property ButlerFAQs
Which is cheaper — Shivalik Gulmohar Avenue or Raheja Riviera Tower?
On asking PSF, Shivalik Gulmohar Avenue. Headline asking ranges: Shivalik Gulmohar Avenue ₹1.77 Cr–₹1.77 Cr, Raheja Riviera Tower ₹8.23 Cr–₹24.99 Cr.
Which has a stronger developer track record?
Shivalik Gulmohar Avenue carries Property Butler trust score 87/100 (Grade A); Raheja Riviera Tower carries 88/100 (Grade A). Raheja Riviera Tower edges the trust comparison.
Which is in the better location?
Shivalik Gulmohar Avenue is in Bandra East; Raheja Riviera Tower is in Worli. Different micromarkets — pick based on commute, schools, and lifestyle priorities.
Can Property Butler arrange site visits to both?
Yes — same-day or back-to-back visits to Shivalik Gulmohar Avenue and Raheja Riviera Tower are standard. WhatsApp +91 84335 11885 to schedule.
Are home loans pre-approved on both?
All major Indian banks (HDFC, ICICI, Axis, SBI, Kotak) approve loans against both Shivalik Ventures and Raheja Universal projects. Property Butler can connect you with relationship managers at any of these institutions.
