PARANJAPE ATHENA

Five wings. 133 homes. One address on the Western Express Highway, Bandra East.

1, 2 & 3 BHK, Jodi (1+2 BHK), Jodi (2+2 BHK) · Starting ₹1.9 Cr onwards

SPECIAL OFFER
Book now to get special offers !
Available for next few days only !
RERA: P51800049529
133
Units
5
Towers
0.87
Acres
14
Floors
The Address & The Vision

An Address Worth Coming Home To

Paranjape Athena is Paranjape Schemes Construction Ltd's residential address in Bandra East, a compact community of 133 apartments configured as 1, 2, and 3 BHK residences across five wings on a 0.87-acre parcel fronting the Western Express Highway. Launched in February 2023 and registered under MahaRERA as P51800049529, it is one of the few new-supply projects to occupy a genuine WEH frontage address inside Teachers Colony.

The project's physical scale — five wings of G+14 floors — is calibrated to produce an intimate residential community rather than a high-density tower cluster. At 133 homes across that footprint, each wing carries a low unit count, which translates into quieter lobbies, shorter wait times for lifts, and a sense of belonging that larger projects in the BKC corridor rarely achieve.

Internally, apartments are finished with vitrified tiles, granite kitchen platforms, branded CP fittings, stainless steel sinks, and metal-frame doors with video door phones — a specification kit consistent with Paranjape Schemes' mid-premium positioning across their Mumbai portfolio, which includes Paranjape Aspire in Andheri West and Paranjape 127 Upper East in Santacruz. Jodi configurations — combining two adjacent units into a single larger home — are available for buyers who need more floor area than a standard flat provides.

Bandra East's infrastructure story accelerated sharply when Mumbai Metro Aqua Line 3 became fully operational across all 27 stations in October 2025, placing BKC metro within minutes of the project. Proposed Metro Line 2B, which will create an elevated east-west link through Bandra and BKC when it opens, further deepens the connectivity case for an address already adjacent to the Western Express Highway and the Bandra-Worli Sea Link approach road.

Paranjape Schemes was founded in 1987 and has delivered more than 190 projects across Pune, Mumbai, Kolhapur, Ratnagiri, and Bengaluru — building over 30,000 homes in that span. Athena is the developer's statement project in one of Mumbai's most transit-accessible eastern micro-markets, and possession is scheduled for December 2027.

Read more
Gallery

Visualize Your Future Home

Configurations & Pricing

Choose Your Residence

Starting from Rs. 1.9 Cr onwards

ConfigurationSizeStarting Price
1 BHK
Compact well-ventilated home with Vastu-compliant layout and balcony
446–475 sq.ft.Rs. 1.9 Cr
2 BHK
Multiple sub-configurations offering varied orientations and balcony sizes
616–688 sq.ft.Rs. 2.49 Cr
3 BHK
Larger floor plate with panoramic city and highway views
854–894 sq.ft.Rs. 3.75 Cr
Jodi (1+2 BHK)
Combined adjacent units for expanded open-plan living
1171 sq.ft.On request
Jodi (2+2 BHK)
Generous combined floor area suited to multi-generational households
1299 sq.ft.On request
Lifestyle

World-Class Amenities

Recreation
Recreation
  • Rooftop Clubhouse
  • Swimming Pool
  • Multipurpose Hall
  • Spa
  • Yoga Room
  • Sky Gazing Area
  • Wooden Trellis Seating
  • Indoor Games Room
Active
Active
  • Gymnasium
  • Jogging Track
  • Multipurpose Turf
  • Acupressure Pathway
  • Reflexology Path
Family
Family
  • Children's Play Area
  • Sand Pit
  • Senior Citizens Area
  • Stone Seating Area
  • Video Door Phones
Garden
Garden
  • Landscaped Garden
  • Walking Area
  • Stone Seating Nodes
  • Peripheral Landscaping
  • Green Podium Zones
Master & Floor Plans

Master & Floor Plans

Detailed master plan and unit-wise floor plans available on request.

Master plan preview
Preview only — request full plan
Location / Address

A Defining Address

Teachers Colony, Off Western Express Highway, Bandra East, Mumbai 400051 · Bandra East · Mumbai

Bandra East occupies the eastern flank of one of Mumbai's most recognised suburbs, bounded by the Western Express Highway on its western edge and the Bandra-Kurla Complex barely two minutes away by road. The neighbourhood blends a mature residential fabric — anchored by Teachers Colony — with immediate access to the city's densest concentration of corporate offices, consulates, and financial institutions. Mumbai University's Kalina campus sits roughly 1.1 km away, and Grand Hyatt Mumbai is 1.2 km from the project gate.

Paranjape Athena sits directly on the Western Express Highway frontage within Teachers Colony, a quiet, tree-lined residential pocket that sits inside Bandra East's wider urban energy without being exposed to it. Bandra railway station is 2.4 km away, Chhatrapati Shivaji Maharaj International Airport's domestic terminal is approximately 15 minutes by road, and the fully operational Mumbai Metro Aqua Line 3 station at BKC — inaugurated in October 2024 — adds a fast underground link southward to Worli and Cuffe Parade.

Location map
Preview only — request full map
Connectivity

Location Advantages

Thoroughfares

  • Western Express Highway (WEH) — direct frontage — 0 min
  • Bandra-Worli Sea Link approach — 2.5 km / 6 mins
  • Santacruz-Chembur Link Road — 4 km / 10 mins
  • Eastern Express Highway via BKC — 5 km / 12 mins
  • Chhatrapati Shivaji Maharaj International Airport T1 — 8 km / 15 mins

Corporate

  • Bandra-Kurla Complex (BKC) — 2 km / 2 mins
  • Bharat Diamond Bourse, BKC — 2.5 km / 5 mins
  • National Stock Exchange, BKC — 2.8 km / 6 mins
  • Jio World Convention Centre — 3.1 km / 8 mins
  • Powai IT corridor — 9 km / 20 mins

Hospitality

  • Grand Hyatt Mumbai — 1.2 km / 4 mins
  • Trident BKC — 2.8 km / 7 mins
  • Sofitel Mumbai BKC — 3 km / 8 mins
  • Sahara Star Hotel — 3.7 km / 10 mins
  • Taj Santacruz — 4.2 km / 12 mins

Education

  • Mumbai University (Fort Campus) — 1.1 km / 5 mins
  • Chetna College of Commerce — 1.2 km / 4 mins
  • Sheila Raheja Institute of Hotel Management — 1.7 km / 5 mins
  • Kalina Campus (University of Mumbai) — 3.8 km / 10 mins
  • NMIMS University, Vile Parle — 4.8 km / 14 mins

Healthcare

  • Asian Heart Institute, BKC — 2 km / 5 mins
  • Wockhardt Hospital, BKC — 2.7 km / 7 mins
  • Nanavati Max Super Speciality Hospital — 3.9 km / 12 mins
  • Lilavati Hospital, Bandra West — 5.8 km / 15 mins
  • Sai Sanjeevani Hospital — 1.5 km / 5 mins

Schedule a Site Visit

See the residences in person. Our sales team will get in touch to coordinate a visit at your convenience.

Beyond the Project

Infrastructure & Growth

Mumbai Metro Aqua Line 3 — Fully Operational

All 27 stations of Mumbai Metro Line 3 became operational in October 2025, with the BKC underground station under 2 km from Athena, cutting travel time to Worli, Dadar, and Cuffe Parade to under 30 minutes.

Mumbai Metro Line 2B — Bandra-BKC-Chembur Corridor

The 23.6 km elevated Metro Line 2B will add an east-west corridor through Bandra and BKC, linking the western suburbs to Chembur and Mandale; the line is targeted for full operation by 2027, coinciding with Athena's possession date.

BKC Bullet Train Station Integration

The Mumbai-Ahmedabad High Speed Rail project includes a dedicated underground station at BKC, roughly 2 km from the project, planned to create a national-scale transit node at Mumbai's primary business district.

Bandra-Versova Sea Link

The proposed Bandra-Versova Sea Link will extend coastal connectivity northward from the existing Bandra-Worli link, reducing travel time between Bandra East and the western suburbs considerably once complete.

WEH Grade Separators and Signal-Free Corridor Upgrades

MMRDA's ongoing upgrades to the Western Express Highway — including grade separators between Bandra and Andheri — are progressively reducing peak-hour travel times along the primary arterial road that fronts Paranjape Athena.

Build Quality

Specifications

Structure

  • RCC framed structure with modern exterior design
  • Concealed internal plumbing
  • Concealed electrical wiring

Flooring

  • Vitrified tiles in living, dining, and bedroom areas

Kitchen

  • Granite platform with stainless steel sink
  • Branded CP fittings

Doors & Windows

  • Metal-frame main door with video door phone
  • Internal doors with quality hardware
  • AC lifts with power backup

Electrical

  • Modular electrical switches
  • Full power backup for common areas

Security

  • 24x7 CCTV surveillance
  • Trained security guards
  • Video door phones in all units

Parking

  • Covered tower parking for residents
  • Designated visitor parking
Why Invest

Compelling Reasons

1

WEH Frontage, 2 Minutes from BKC

Paranjape Athena sits directly on the Western Express Highway within Teachers Colony, placing BKC — home to the National Stock Exchange, major banks, and the Jio World Convention Centre — under two minutes by road. No other address in the micro-market combines highway frontage with this level of corporate proximity.

2

133 Homes Across 5 Wings — Low Density by Design

At 133 residences on 0.87 acres, Athena is intentionally small. Each of the five wings carries a compact unit count, delivering shorter wait times for lifts, quieter corridors, and a community feel that large BKC-adjacent towers rarely sustain.

3

Metro Aqua Line 3 Already Running

The BKC station on Mumbai Metro Line 3 — inaugurated October 2024 and now fully operational across all 27 stations — is under 2 km from the project. Residents can reach Dadar, Worli, Churchgate, and Cuffe Parade without touching road traffic.

4

Paranjape Schemes' 35-Year Track Record in Mumbai

Founded in 1987, Paranjape Schemes has completed more than 190 projects across Pune, Mumbai, Kolhapur, Ratnagiri, and Bengaluru, delivering over 30,000 homes. Their Mumbai portfolio includes Aspire in Andheri West, 127 Upper East in Santacruz, and multiple Goregaon and Vile Parle completions.

5

Jodi Configurations for Flexible Floor Areas

Buyers who need more space than a standard apartment provides can combine adjacent units — 1+2 BHK at 1,171 sqft or 2+2 BHK at 1,299 sqft — creating a single larger home within a MahaRERA-registered structure without moving to a different building.

6

MahaRERA Registered — Possession December 2027

RERA number P51800049529 is live on the MahaRERA portal. The registered possession date is December 2027, and the project launched in February 2023, giving buyers a clear construction timeline and statutory protection under Maharashtra's real estate regulatory framework.

About the Developer

Paranjape Schemes

Paranjape Schemes (Construction) Ltd was incorporated on 18 December 1987 in Pune by brothers Shrikant Paranjape and Shashank Paranjape. What began as a residential developer focused on Pune's expanding housing demand has grown, over 38 years, into a company with 200 or more completed projects spanning nine cities and more than 20 million square feet of built area. The company became a public limited entity in May 2005, and today is led by Chairman Shrikant Paranjape, a qualified Chartered Accountant and active CREDAI Pune committee member since 1996, alongside Managing Director Shashank Paranjape, who has driven design, marketing, and construction strategy across the full portfolio.

Paranjape Schemes has consistently built communities rather than standalone buildings. Its signature approach traces back to early integrated township models, evolving into large-format master-planned environments such as Blue Ridge in Hinjewadi and Forest Trails at Bhugaon — two award-winning townships that have each been recognised at national platforms including the NDTV Property Awards 2015 and the CNBC Awaaz Real Estate Awards. Both townships weave housing, schools, retail, open space, and social infrastructure into self-sustaining neighbourhoods, a model the company has refined across decades of Pune's western and suburban corridors.

The portfolio spans residential apartments, row houses, bungalows, commercial offices, SEZs, hospitality assets, and educational institutions across Pune, Mumbai, Bengaluru, Vadodara, Kolhapur, Ratnagiri, and additional cities. Delivered developments serve more than 75,000 residents. In March 2026, the company announced an investment of Rs 700 crore across four new projects in Pune West — Sinhgad Road, Bhugaon, and Hinjewadi Phase 1 — representing a combined development potential of over 1.75 million square feet and approximately 1,400 residential units, with an estimated revenue potential of Rs 1,175 crore.

The philosophy encoded in the tagline Building for All is borne out in three purpose-driven living formats that set Paranjape Schemes apart from conventional developers. Athashri, the company's senior living brand, turned 25 years old in April 2026 and today spans close to 16 communities supporting more than 3,000 seniors, having welcomed its 6,000th resident in Vadodara. Aastha provides assisted-living care for elderly residents with daily health and wellness support. Swaniketan, located at Forest Trails near Pune and developed under the company's Special Projects Division, is India's first exclusive residential ecosystem designed for differently-abled individuals and their families — a project that integrates vocational centres, therapy spaces, day care, and dedicated caregiver infrastructure into everyday community life.

Rate this project

Write a review

Visited or booked here? Share your honest experience. Reviews are checked before they appear.

Frequently Asked Questions

What configurations and carpet area sizes are available at Paranjape Athena?+
Athena offers 1 BHK (446–475 sqft carpet), 2 BHK (616–688 sqft carpet), and 3 BHK (854–894 sqft carpet), along with Jodi options combining adjacent units at 1,171 sqft (1+2 BHK) and 1,299 sqft (2+2 BHK).
What is the starting price and price range for Paranjape Athena?+
Apartments are priced from approximately Rs. 1.9 Cr for 1 BHK units up to Rs. 3.75 Cr for 3 BHK units, based on publicly available transaction and listing data. Jodi unit pricing is available on request.
When is the possession date and is the project RERA registered?+
Paranjape Athena is registered under MahaRERA with number P51800049529. The RERA-registered possession date is December 2027. The project was launched in February 2023 and is currently under construction.
How is Paranjape Athena connected to BKC and the rest of Mumbai?+
The project sits directly on the Western Express Highway in Teachers Colony, with BKC just 2 km away. Bandra railway station is 2.4 km distant, the Mumbai Metro Aqua Line 3 BKC station is operational nearby, and Chhatrapati Shivaji Maharaj International Airport is roughly 15 minutes by road.
What amenities does Paranjape Athena offer?+
The project features a swimming pool, gymnasium, jogging track, multipurpose turf, clubhouse, spa, yoga room, children's play area, senior citizens area, landscaped garden, acupressure pathway, CCTV surveillance, 24x7 security, video door phones, AC lifts, and power backup.
Are home loans available for Paranjape Athena, and what payment plans are offered?+
The project supports a Construction Linked Plan (CLP) as the primary payment structure. Most major banks and housing finance companies extend home loans against MahaRERA-registered projects; specific bank approvals and loan eligibility should be confirmed with the sales team at the time of booking.

Get in Touch

Pricing, plans, brochure, and a personal walkthrough — talk to our sales team.

Featured Projects

Projects Portfolio

×
Express Your Interest