Lakhotia Rising Sun in Kewale, Panvel: New 1 and 2 BHK Launch Details

Launch status and what is on offer

Lakhotia Rising Sun is being marketed as a new residential launch in Kewale, a locality in New Panvel within the Navi Mumbai region. As of October 2026, listings differ on the stage of the project. A major property portal tags it as a New Launch with a New Booking label and a March 2030 completion date, while a builder listing on the same portal describes it as Upcoming. A broker page describes the project as being in active construction, so buyers should confirm the current stage directly with the developer.

The project is planned as a mix of 1 BHK and 2 BHK apartments. Listings state that units are mostly in the 320 to 502 sq ft carpet area range.

Configurations and price band

Listed prices, as shown in the most recent portal data, are as follows:

Taken across the listed unit sizes, the prices work out to roughly ₹8,200 to ₹10,400 per sq ft. This is a desk calculation from the listed prices and carpet areas, not a figure published by the developer.

Scale, approvals and timeline

The project covers 3.01 acres and has 485 units. The project is registered under RERA with registration number PM1270002600457. An environmental clearance was sought for the residential-cum-commercial project Rising Sun in Panvel on 1 October 2025. The project is scheduled for possession in March 2030.

Amenities

Developer and listing material names a clubhouse, a gym, landscaped gardens, green open spaces and solar power among the features. Material on the developer's blog says apartments are planned for ventilation and natural light.

Location and connectivity

Kewale sits in New Panvel, on the Navi Mumbai side of the Panvel corridor. Road access comes from the Sion-Panvel Highway and the Mumbai-Pune Expressway. Panvel Railway Junction serves the area, and Kalamboli railway station is nearby. The Harbour line runs to Panvel, Targhar and Ulwe, which are the nearest rail stations to Navi Mumbai International Airport (NMIA). Atal Setu, the Mumbai Trans Harbour Link, connects south Mumbai to this side of the region.

Infrastructure in progress

NMIA has been operating commercially since December 2025. A multimodal transport hub is planned around the airport. Three CIDCO bridges, SBR-9, BR-4 and BR-5, are planned to link NMIA, Atal Setu and Panvel. Chief Minister Devendra Fadnavis is scheduled to inaugurate the three bridges, and no exact opening date has been reported. A dedicated metro and suburban rail link to NMIA is planned.

Other projects in the Panvel area that are listed as upcoming include Medicity, EduCity, the Panvel-Badlapur Tunnel and the Virar-Alibaug Multimodal Corridor. The proposed 35 km Mumbai Metro Line 8, which would link CSMIA Terminal 2 with NMIA, is at the proposal stage.

Market context

Average flat rates in Panvel were about ₹13,750 per sq ft in 2026, according to a major property portal, and New Panvel rates were about ₹13,500 per sq ft, up 12.5% year on year. Kewale averages are lower. A listing-based figure for October 2026 puts the Kewale average at about ₹6,136 per sq ft, which suggests that prices vary widely across the locality by project and by building age. Ashiana Panvel Pride, a ready-to-move project in Kewale, lists at about ₹9,450 per sq ft for 1 and 2 BHK units of 203 to 466 sq ft.

About the developer

Lakhotia Realty is the trading name of the developer. Manak Radhamohan Lakhotia is named as director, and the company describes its experience as spanning decades. Its completed projects listed with partners include Sai Pratham and Sai Amrit in Ulwe, and Sadguru Planet in Kalamboli and Sadguru Universal in Khandeshwar. The company announced a separate project, GPS – Greater Panvel Superzone in Kewale, on 16 July 2026. It reported selling more than 100 homes priced at about ₹25 lakh each within five weeks of that launch. These sales relate to GPS, not to Rising Sun.