New Launch, Mumbai
Platinum Vibe in Versova: New Launch by Platinum Corp in Model Town
Platinum Corp has launched Platinum Vibe, a residential project of 2.5 BHK, 3 BHK, jodi and duplex homes on a site of about 0.5 acre in Model Town, Versova, Andheri West. As of 30 October 2026, the developer's press release dated 29 October 2026 describes the project as recently launched.
| Status (as of 30 October 2026) | New Launch, per the developer's press release dated 29 October 2026 |
|---|---|
| Developer | Platinum Corp, Mumbai |
| Location | Model Town, Lokhandwala Circle Road, Versova, Andheri West, Mumbai |
| Configurations | 2.5 BHK, 3 BHK, jodi and duplex options |
| Carpet area | About 880 sq ft (2.5 BHK) to about 1,115 sq ft (3 BHK) |
| Starting price | 2.5 BHK from ₹3.96 Cr, all-inclusive; ₹45,000 per sq ft as stated by the developer |
| Possession | April 2030, per Construction Week (28 October 2026); RERA possession date 2030 |
| RERA registration | PR1180002600307 (MahaRERA), as stated on the developer's project site |
| Scale | One tower of 23 habitable floors; under 90 homes; about 0.5 acre |
Launch status
Platinum Corp announced the launch of Platinum Vibe in a press release dated 29 October 2026. The developer's project site also carries a New Launch label. The project is therefore at the launch stage, and the press release does not give a formal booking-open date or a current construction stage.
Project layout and scale
Platinum Vibe is planned as a single tower on about 0.5 acre, formed by combining two society plots. The developer's layout shows a ground floor, five podium levels for surface parking served by a two-way ramp, six amenity levels, and residential floors from the 7th to the 23rd. Amenities are placed partly on the 16th floor. The project is planned with under 90 homes in total and a total carpet area of about 67,000 sq ft.
The developer says the homes are sea-facing from the 7th floor, with private decks and sea views. The press release also describes the planning as Vaastu-compliant.
Homes and pricing
| Configuration | Carpet area | Price information |
|---|---|---|
| 2.5 BHK | About 880 sq ft | From ₹3.96 Cr, all-inclusive (developer's site) |
| 3 BHK | About 1,100 sq ft; developer's range runs to 1,115 sq ft | Per-type pricing shown on the developer's site |
| Jodi and duplex | Options offered alongside the 2.5 and 3 BHK homes | Pricing on enquiry |
The developer quotes a rate of ₹45,000 per sq ft. The developer's site describes a Flexible Payment Plan that is linked to construction progress, and says pricing is negotiable. Launch benefits and a special discount are listed on the project site.
Amenities and specifications
The developer lists more than 10,000 sq ft of amenities across the E-deck and the rooftop. These include a swimming pool, a chill pool, a kids pool, a fitness centre, a dance studio, a pickleball court, a turf cricket ground, a sky theatre, a sky lounge, a party lawn, a yoga and meditation zone, a children's play area, and spaces for senior citizens.
The developer describes the structure as Mivan construction. A separate project site lists CCTV surveillance, 24x7 security and access control, rainwater harvesting, power backup for common areas, fire-fighting systems and high-speed elevators. The interior work is described as designed in collaboration with interior designer Sussanne Khan.
Location and connectivity
Model Town sits on Lokhandwala Circle Road in Versova, in the Andheri West area of Mumbai. The developer says Versova Metro station, on Line 1 (Blue Line) at JP Road, is about four minutes away. The Blue Line runs along the Versova–Andheri–Ghatkopar corridor and opened to the public on 8 June 2014.
The developer also lists the beach at about five minutes, Lokhandwala Market and Four Bungalows Market as nearby, and Kokilaben Dhirubhai Ambani Hospital about two minutes away. DMart is listed at about two minutes and a college at about five minutes.
Infrastructure in the area
Construction Week describes the planned coastal road network as a set of projects along Mumbai's Coastal Road belt, in which Platinum Corp is also developing projects. The Versova–Bandra Sea Link, a 17.17 km bridge that will connect Versova to the Bandra–Worli Sea Link, is under construction. The developer cites the upcoming Coastal Road and the existing metro lines as connectivity benefits for the project.
About the developer
Platinum Corp is a Mumbai developer that operates only in Mumbai. The company states that it has developed over 1.75 million sq ft and has nearly 1 million sq ft under development. A January 2026 release said the company planned three launches in early 2026. On 26 October 2026, the company reported four residential developments with a projected gross development value of more than ₹1,350 crore. Construction Week reported a combined investment of ₹260 crore across four projects on 28 October 2026.
Platinum Vibe is one of the projects in that group.
Frequently asked questions
Is Platinum Vibe open for sale?
The developer announced the project as recently launched in a press release dated 29 October 2026, and the project site carries a New Launch label. The release does not give a separate booking-open date.
What homes are offered at Platinum Vibe?
The developer lists 2.5 BHK homes of about 880 sq ft carpet area, 3 BHK homes of about 1,100 sq ft (up to 1,115 sq ft), and jodi and duplex options.
What is the starting price?
The developer's site gives a starting price of ₹3.96 Cr for the 2.5 BHK, all-inclusive, and a rate of ₹45,000 per sq ft.
When is possession expected?
Construction Week reported the developer's possession date as April 2030 on 28 October 2026. The project's RERA possession date is also 2030.
What is the RERA registration number?
The developer's project site gives the MahaRERA registration number as PR1180002600307.
How far is the nearest metro station?
The developer says Versova Metro station on Line 1 (Blue Line) is about four minutes from the project.