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Prestige launches Forest Hills Phase 2 in Mulund, with homes from about ₹2.73 crore

Prestige Group launched Phase 2 of Forest Hills at The Prestige City in Mulund on 30 June 2026. The under-construction residential project is in Mulund West—not on Mira Bhayandar Road—and Phase 2 offers 3 and 4 BHK homes starting at about ₹2.73 crore.

Realty News — Prestige launches Forest Hills Phase 2 in Mulund, with homes from about ₹2.73 crore
DeveloperPrestige Mulund Realty Private Limited, a Prestige Group subsidiary
LocationGhati Pada / Swapna Nagari, off Agrawal Road, Yogi Hills, Mulund West, Mumbai
Phase 2 launch30 June 2026
Phase 2 homes500 residences, with 3 and 4 BHK configurations
Phase 2 size and starting price946–2,643 sq ft RERA carpet area; prices announced from approximately ₹2.73 crore
Phase 1 RERA completion date31 December 2030
Phase 2 RERA completion date31 March 2032
StatusBoth phases under construction as of October 2026

Phase 2 launch adds 500 homes

Prestige Group announced Phase 2 on 30 June 2026. The launch covers 500 residences in part of Tower C and Tower D, with an announced developable area of about 1.7 million sq ft and an estimated gross development value of about ₹2,200 crore.

The developer gave a combined size range of 946–2,643 sq ft of RERA carpet area for the Phase 2 homes and said prices start at approximately ₹2.73 crore. The announcement does not provide a price-per-square-foot figure or prices broken down by configuration.

Project location and identity

Forest Hills is a residential high-rise development within The Prestige City integrated township, at Ghati Pada / Swapna Nagari, off Agrawal Road, Yogi Hills, Mulund West, Mumbai. The project details identify this Mulund location, rather than Mira Bhayandar Road.

Prestige markets Forest Hills as an approximately 6.5-acre residential enclave within a township it describes as about 30 acres. The township includes a stated 1.8-acre experiential e-deck; that figure is not the total open area for Forest Hills.

Two phases, separate completion dates

Phase 1 launched in August 2024 and is registered with MahaRERA as Forest Hills Ph 1 at The Prestige City (P51800077457). Its RERA completion date is 31 December 2030. The phase comprises 663 apartments across Wings A and B.

Phase 2 is registered as Forest Hills Ph 2 at The Prestige City (PR1181012600556), with a RERA completion date of 31 March 2032. Prestige’s FY2026 fourth-quarter update reported plinth works completed for Towers A, B and C, while excavation was ongoing for Tower D. Both phases were under construction as of October 2026.

Mulund connectivity and market context

Project marketing places Mulund railway station about 2.7 km away and the Eastern Express Highway about 2.9 km away. These are approximate marketing distances. Metro Line 4, on the Wadala–Kasarvadavali corridor, was under construction as of October 2026; no confirmed opening date is stated here.

The Goregaon–Mulund Link Road is another major planned and under-construction east–west connection. Construction activity was reported in 2026, but a reliable completion date was not established. These infrastructure projects form part of the wider connectivity context; they are not operational benefits of the residential project today.

Development phases

Phase 1Launched August 2024; RERA completion date 31 December 2030663 apartments in Wings A and B; MahaRERA P51800077457Phase 2Launched 30 June 2026; RERA completion date 31 March 2032500 residences in part of Towers C and D; MahaRERAPR1181012600556

Frequently asked questions

Where is Prestige Forest Hills located?

It is at Ghati Pada / Swapna Nagari, off Agrawal Road, Yogi Hills, in Mulund West, Mumbai—not on Mira Bhayandar Road.

What configurations are offered in Phase 2?

Phase 2 is positioned as 3 and 4 BHK residences, with a combined stated range of 946–2,643 sq ft RERA carpet area.

What is the announced starting price for Phase 2?

Prestige announced a starting ticket price of approximately ₹2.73 crore. The launch announcement does not give configuration-wise prices or a per-square-foot rate.

When are the phases due for completion?

The RERA completion date is 31 December 2030 for Phase 1 and 31 March 2032 for Phase 2.

Is Forest Hills completed?

No. Both phases were under construction as of October 2026. Prestige’s FY2026 fourth-quarter update reported plinth works completed for Towers A, B and C, with excavation ongoing for Tower D.

Which transport projects are planned or under construction nearby?

Metro Line 4 was under construction as of October 2026. The Goregaon–Mulund Link Road was also under construction, with no reliable completion date stated here.

Sources

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