Platinum Stellar

About Platinum Stellar

Platinum Stellar is a New Launch luxury residential project on Main Avenue, Santacruz West, Mumbai, built by Platinum Corp. It is also searched as Platinum Santacruz West. The project offers 3 BHK and 4 BHK apartments along with larger Presidential Suites and duplex-style Signature homes, with 3 BHK units listed from about ₹9.84 Cr as of October 2026.

Facts as on October 2026, from RERA / the developer.

This is a single tower on a 0.27-acre plot, with 39 residences and roughly 39,000 sq ft of RERA carpet area for sale. The building has four podium parking levels, a fifth-floor amenities deck and residential floors from the 6th to the 17th. The concept is a low-density "bespoke presidential suites" format, where the developer pitches each home as a private residence in the sky. Interiors are developed with designer Sussanne Khan, with most fixtures and furnishings coming from her interior venture, The Charcoal Project.

Key Highlights

• One tower, 39 homes: G+4 podium plus 17 storeys on 0.27 acres, which keeps the density low for a Santacruz West project.
• Configurations: 3 BHK homes of 1,230 and 1,250 sq ft carpet, 4 BHK homes of 2,430 and 2,500 sq ft, and Presidential Suites of about 2,500 sq ft.
• Listed price: ₹80,000 per sq ft as of October 2026, which puts a 3 BHK at ₹9.84 Cr and a 4 BHK at ₹19.44 Cr to ₹20 Cr.
• Possession: the developer's schedule gives April 2030.
• Amenities deck: an infinity-edge pool, gym, yoga deck, stargazing deck, kids' play area and a banquet hall on the fifth floor.
• Power and water: DG backup, 24x7 water supply and rainwater harvesting.
• Design: modular kitchens with soft-close cabinets, anti-skid bathroom tiles, rain showers and provisions for smart home automation.

Location Advantages

Santacruz West sits between the Western Express Highway and Swami Vivekanand Road, which makes it one of the more connected pockets of the western suburbs. Linking Road is close by for shopping and dining, and Bandra Kurla Complex is reachable through the newly opened Santacruz-Chembur Link Road stretch, which the developer and local reports say trims roughly 35 minutes off a typical trip. The Santacruz Railway Station on the Western Railway line and the domestic terminal at Mumbai airport in Santacruz East are both nearby, the airport being about 3 km away.

The honest caveat is that most of the benefit depends on infrastructure that is still being finished. Metro Line 2B runs along SV Road with stations at Nanavati Hospital, Khira Nagar and Saraswat Nagar, but the full line is not yet a dependable daily commute option for every destination. Santacruz West is also a dense, older residential area, so expect construction activity and traffic on the main roads during the build period.

Location Map — available on request

Get Location Map on WhatsApp

What's Nearby: Schools, Hospitals, Malls

Schools in the Santacruz and Vile Parle belt are plentiful, with CBSE and ICSE options, and most families here plan their admissions well ahead. Before you finalise a purchase, visit the schools your children would attend and check the current drive times at your normal commuting hour, since those change a lot on the Western Express Highway.

Amenities

• Fitness and sports: infinity-edge swimming pool with deck, multipurpose court, open gym and fitness zone, jogging track, squash, tennis and pickleball courts.
• Wellness: yoga and meditation deck, spa and meditation zone, stargazing deck.
• Kids: kids' play area, skating rink for kids and a children's play park with safe equipment, plus a creche.
• Social: mini theatre, amphitheatre, banquet hall, business lounge with conferencing, party lawn and a landscaped rooftop with gazebos and pergolas.
• Water and power: DG power backup, treated water supply, 24x7 water supply and rainwater harvesting.
• Security: 24/7 CCTV, trained security staff, video door phones and access control.

Price and Configuration

The listed rate is ₹80,000 per sq ft as of October 2026. The table below shows each configuration on that single rate, using RERA carpet area.

Presidential Suites of about 2,500 sq ft and the Signature Duplex formats, which go up to 10,000 sq ft, are offered on request. Listing sites also show combined (jodi) apartments, but the developer has not published a separate price for them.

Set against the neighbourhood, ₹80,000 per sq ft sits close to the locality's market mid-point of around ₹82,500, but well above the resale asking rate of roughly ₹61,500. Nearby Santacruz West projects by other developers come in at roughly ₹57,000 to ₹84,000 per sq ft, so this one is in the upper half of the range.

Master / Floor Plan — available on request

Get Master / Floor Plan on WhatsApp

Payment Plan

• Flexible construction-linked payment plans are reported for early bookings.
• The early-booking offer also includes exclusive benefits, though the specific terms change with the sales cycle.

Ask for the stage-wise demand letter schedule in writing before you pay anything, and compare it against the construction milestones in the RERA filing.

Specifications

RERA and Approvals

The project is registered with MahaRERA under project registration number PR1180002600268. The building is still under development, so the occupation and completion certificates will come only after construction is finished. Buyers should check the RERA portal entry directly for the approved layout, the phase details and the latest quarterly progress updates before booking.

Launch and Possession Timeline

• 2026: Bhoomi Pujan performed for the project.
• June 2026: the project was launched to the public.
• 30 October 2026: the developer confirmed about 39,000 sq ft of RERA carpet area and an April 2030 possession schedule.
• April 2030: developer's scheduled possession date.

Investment Analysis

• Entry price: ₹80,000 per sq ft, roughly 30 percent above the resale asking rate in Santacruz West (around ₹61,500), which is the typical new-build premium.
• Against the market: the price sits just below the locality's market mid-point of around ₹82,500 per sq ft.
• Government benchmark: the ready reckoner rate of ₹31,600 per sq ft is far below market, so stamp duty is based on the agreement value.
• Competing projects: Ekta Elitus at about ₹75,000 per sq ft, Raheja Park West at about ₹84,000 per sq ft, Armaan at about ₹65,000 per sq ft, and Paradigm Artteza at about ₹57,000 per sq ft.
• Stock: 39 units in one tower limits supply, which helps the resale story but also means fewer homes to compare on the market at any time.
• Holding horizon: with possession in April 2030, a buyer is looking at roughly four years before rental income or resale becomes realistic.

Pros and Cons

Pros

• Low density with only 39 homes in one tower and limited residences per floor.
• Strong connectivity through the Western Express Highway, SV Road, the Western Railway and the airport.
• A good spread of large 3 and 4 BHK homes with generous carpet areas, which are scarce in Santacruz West.
• Thoughtful amenities deck and wellness spaces for a building of this size.
• Upcoming Metro 2B and SCLR connectivity improves access to BKC and the rest of the western suburbs.

Cons

• The price is high against resale stock in the same area, and the premium is paid upfront.
• Possession is some way off, in April 2030, so buyers need to be patient.
• The benefit of the new road and metro links depends on those projects being finished on schedule.
• Construction in a dense, busy neighbourhood will bring noise and traffic disruption for nearby residents.
• The developer's stated on-time delivery record is its own claim, so check the delivery history of its earlier projects directly.

Who Should Buy This

Ideal for: families who want a large, low-density 3 or 4 BHK in the western suburbs, and buyers who can wait for possession and want a premium address near BKC. Long-term investors who value scarcity in a small building will also find it worth a look.

Not ideal for: buyers who need a home before 2030, anyone looking for a budget option under ₹10 Cr, or those who want resale liquidity from day one.

Home Loans and Charges

No bank has been named as approving this project for buyer home loans. ICICI Venture Fund, Bajaj Finance and AU Small Finance Bank provide institutional funding to the developer's four-project portfolio, which is corporate financing and does not extend to buyers.

About the Developer

Platinum Corp was founded in 2010 by Vishal Ratanghayra, who serves as founder and CEO. The company has delivered over 1.75 million sq ft of development and housed about 1,500 families, with nine projects in its pipeline. In Mumbai, it has 14 projects in total, seven delivered and seven under construction or newly launched. Delivered projects include Platinum Vista in Khar West, Platinum Prive in Juhu, and Platinum Park, Platinum Pristine, Casa Millennia, Platinum Casa Divine and Platinum Corp Tower in Andheri West. Buyers should ask for possession dates on these earlier projects before deciding.

FAQ: Frequently Asked Questions

Q: Is Platinum Stellar RERA registered?

A: Yes, the project is registered with MahaRERA under project registration number PR1180002600268.

Q: What is the possession date for Platinum Stellar?

A: The developer's schedule gives April 2030 as the possession date.

Q: What is the price range at Platinum Stellar in Santacruz West?

A: As of October 2026, the 3 BHK homes start at ₹9.84 Cr and the 4 BHK homes go up to ₹20 Cr, at a listed rate of ₹80,000 per sq ft.

Q: Is Platinum Corp a reliable builder?

A: Platinum Corp was founded in 2010 and has delivered over 1.75 million sq ft, including several Andheri West and Khar West projects, though buyers should verify delivery dates for each earlier project.

Q: What is the nearest metro to Platinum Stellar?

A: Metro Line 2B runs along SV Road, with stations at Nanavati Hospital, Khira Nagar and Saraswat Nagar serving the area.

Q: Is Platinum Stellar a good investment?

A: It can suit long-term buyers, since the small 39-unit building and the new road and metro links support demand, but the premium over resale prices and the April 2030 possession date both need to be weighed.