New Launch Watch
Wadhwa Iris in Panvel: New Launch Inside Wadhwa Wise City
Wadhwa Iris is a residential apartment tower inside the Wadhwa Wise City township at Bhingarwadi, Panvel, listed as a New Launch with 1 and 2 BHK homes. As of October 2026, the developer's project page shows booking as open and starting prices from ₹37.5 lakh for a 1 BHK.
| Developer | The Wadhwa Group |
|---|---|
| Status (as of October 2026) | New Launch; booking shown as open on the developer's project page |
| Location | Old Mumbai-Pune Highway, Bhingarwadi, Panvel, Navi Mumbai, PIN 410206 |
| Product type | Residential apartment tower in the Wadhwa Wise City integrated township |
| Configurations (carpet area) | 1 BHK with balcony 387 sq ft; 2 BHK 482 sq ft; 2 BHK with balcony 538 sq ft |
| Starting prices (developer page, undated) | 1 BHK from ₹37.5 lakh; 2 BHK from ₹48 lakh; 2 BHK with balcony from ₹52 lakh |
| Possession (developer page) | December 2025, a date that has now passed as of October 2026 |
| RERA (MahaRERA) | P52000020812 and P52000021081, as shown on the developer's page |
| Scale | One tower, G+25 floors, on a 25-acre parcel; the wider township covers 138 acres |
Launch status and naming
The project is listed as a New Launch. The developer's page is headed 'Iris At Wadhwa Wise City' and refers to the tower as 'Wadha Iris' in its body text. Other names in use include 'Wadhwa Iris' and 'Wadhwa Iris Panvel'.
Booking is shown as open on the developer's page and on a separate sales page that carries the same RERA pair. An earlier pre-launch microsite used the label 'Pre Launch'. One aggregator still describes the project as under construction, so the current stage should be confirmed directly with the developer and on the MahaRERA portal before any decision.
Configurations and prices
The developer's page lists three unit types: a 1 BHK with balcony at 387 sq ft carpet area, a 2 BHK at 482 sq ft, and a 2 BHK with balcony at 538 sq ft. Starting prices shown are ₹37.5 lakh for the 1 BHK, ₹48 lakh for the 2 BHK and ₹52 lakh for the 2 BHK with balcony. The page is undated, so these figures should be read as the latest the developer has published, not as a fixed offer.
Price figures elsewhere differ. A newprojectsonline page cites a starting price of ₹64 lakh 'All In' and shows 'On Request' for each unit type. Buyers should compare the all-inclusive cost, including stamp duty and other charges, rather than base prices alone.
The developer lists a 20:80 payment plan and a 3.5 per cent stamp duty benefit. Its current offers include a spot booking offer, an early-buy discount and a flexi-pay scheme for the first 100 customers. These offers may change, so they should be checked against the developer's latest terms.
Possession and RERA
The developer's page gives December 2025 as the possession date. That date has passed as of October 2026, and the page does not give a later tower-specific date. Buyers should ask the developer for the current committed date in writing.
Two MahaRERA numbers, P52000020812 and P52000021081, appear on the developer's page for this tower. Other listings map these numbers to different buildings within the Wise City township, so buyers should check each number against the MahaRERA register and confirm which building it covers.
Project scale, amenities and specifications
The developer describes one tower of G+25 floors on a 25-acre parcel, within an integrated township of 138 acres.
Listed amenities include a gymnasium, cafeteria, swimming pool, children's play area, multipurpose room, club house, landscape garden, and central greens. Power backup, intercom, CCTV, fire prevention, lifts and 24-hour security are also listed. Another listing describes the lifts as branded high-end elevators.
The developer's page highlights balconies with views of the Prabalmachi Hills and says the homes are designed for sunlight and cross ventilation.
Location and local context
The tower sits on the Old Mumbai-Pune Highway at Bhingarwadi in Panvel. The Wadhwa Wise City township is described as a planned mix of apartments, plots, bungalows, retail, commercial space, a school, a temple and fire stations, with a 'walk to everything' theme, according to a May 2026 trade report on the township's sales partnership.
The developer's own description of the township is broader than this single tower. Panvel's growth depends in part on infrastructure still under way, including the Navi Mumbai International Airport and the Mumbai Trans Harbour Link. Their completion dates should be checked against official announcements before being treated as settled.
At the national level, a September 2026 business report cited record capital inflows into Indian real estate, of about $9.5 billion in the third quarter of 2026 and $18.6 billion across the first nine months. This is market-wide data and does not measure demand in Panvel specifically.
Developer and township updates
In May 2026, the Wadhwa Group partnered with ArisUnitern RE Solutions, a subsidiary of Arisinfra Solutions, to help monetise inventory at Wadhwa Wise City, which the group calls its flagship township in Panvel. The partnership covers inventory valued at about Rs 6.5 billion, with plans to release a further Rs 4 to 4.5 billion. ArisUnitern is a sales and service partner for the township; no joint venture partner is named for this tower.
On 30 September 2026, the group confidentially pre-filed a draft red herring prospectus with Sebi, the market regulator, as a step toward a possible public listing. The filing names Wadhwa Wise City in Panvel as one of its flagship developments.
Frequently asked questions
What is the current status of Wadhwa Iris in Panvel?
As of October 2026, the project is listed as a New Launch, and the developer's page shows booking as open. One aggregator still describes it as under construction, so the stage should be confirmed with the developer and on the MahaRERA portal.
What unit types are offered at Wadhwa Iris?
The developer's page lists a 1 BHK with balcony at 387 sq ft carpet area, a 2 BHK at 482 sq ft, and a 2 BHK with balcony at 538 sq ft.
What is the price of Wadhwa Iris?
The developer's undated page shows 1 BHK from ₹37.5 lakh, 2 BHK from ₹48 lakh and 2 BHK with balcony from ₹52 lakh. Other listings show a starting price of ₹64 lakh all-inclusive, so buyers should compare total cost.
When is possession due for Wadhwa Iris?
The developer's page gives December 2025, which has passed as of October 2026. Buyers should get a current committed date from the developer in writing.
What are the RERA numbers for Wadhwa Iris?
The developer's page shows P52000020812 and P52000021081. These should be checked on the MahaRERA portal, since other listings map the numbers to different buildings in the township.
Where exactly is Wadhwa Iris located?
The tower is on the Old Mumbai-Pune Highway at Bhingarwadi, Panvel, Navi Mumbai, PIN 410206, within the Wadhwa Wise City township.