Shreeji Estrella or Platinum The Reserve: ₹11 lakh buys 18 months

You own a flat you like. It’s just getting small for everyone living in it now.

So two Kharghar towers sit open in your tabs. One asks a little less money, and the other hands over a year and a half sooner. Which way is the mistake?

I’m not going to choose for you. I’ll put our own checked records side by side. Then I’ll show you the one sum that settles it, and what to check before any money moves.

The extra money is buying you time, not space

That’s the whole answer, and two things make it true.

Both are 3 BHK towers in Sector 11, Kharghar. Shreeji Estrella stands on Plot 109 and Platinum The Reserve on Plot 90. Nineteen plots apart, same road.

Carpet area is the floor you can actually walk on, and that’s the thing to compare. Estrella’s 3 BHK has 1,341 square feet of it. The Reserve’s has 1,338.

Three square feet apart. Less than a doormat.

On our records Estrella costs about ₹11 lakh more, for the same floor. Both starting prices sit in the four boxes below, with both registered months. A registered month is the one the builder has filed with the state, not a sales promise.

Eighteen months sit between those two dates. That is what your ₹11 lakh is buying.

Divide one by the other, and it comes to about ₹61,000 a month. Hold that against the rent you’d pay while you wait, and there’s your answer.

Nothing about the address separates these two

They’re neighbours, so the usual location argument doesn’t help you here. Both are single towers too.

Our checked page for Shreeji Estrella in Sector 11 and our page for Platinum The Reserve each describe one tower. The Reserve holds nearly twice the ground, and its tower is no taller. The floors and the land are in the table below.

That difference is open space between you and the next wall. You’ll feel it standing on both plots.

The travelling is much the same either way. Our measured drive to Belapur CBD (Belapur’s business district) is 15 minutes from both. The rest of the minutes are in the table too.

One row there matters more than the others. With parents moving in, a hospital you can walk to beats a shorter drive to the airport.

Now the rate. Think in price per square foot (what one foot of your own floor costs). On the two 3 BHKs those rates sit about ₹771 apart, which is nothing on flats this close in size. Neither is better value by the foot.

What each one costs

One plain term before the table. The all-in cost is the price plus three government charges.

GST (the tax on a flat that’s still being built) runs at 5%. Stamp duty (the tax the state charges to put the flat in your name) is the bigger one. The third is the registration fee, the charge for filing that paperwork. On The Reserve’s 3 BHK the three add about ₹33 lakh to the price.

One warning before you read the money rows. Both monthly figures assume a 75% loan, over 20 years at 8.5%. An upgrader putting a sale into the deal will need less.

What you’re comparing	Shreeji Estrella	Platinum The Reserve
3 BHK from	₹3.06 Cr	₹2.95 Cr
Carpet, 3 BHK	1,341 sq ft	1,338 sq ft
A square foot	₹22,819	₹22,048
All-in, 3 BHK	about ₹3.4 Cr	about ₹3.28 Cr
Monthly, 3 BHK	₹1,99,165	₹1,92,006
Income the loan needs	₹3,98,331	₹3,84,012
Cash before the loan	₹1,10,46,000	₹1,06,50,000
4 BHK from	₹3.72 Cr	₹5.75 Cr

What’s on the ground

MahaRERA is the state’s official register of approved projects. The registration number below is each tower’s entry in it.

What you’re comparing	Shreeji Estrella	Platinum The Reserve
Registration number	P52000056215	P52000078185
Registered handover	June 2029	December 2030
Tower and land	19 floors, 0.56 acres	18 floors, 1 acre
Kharghar Village metro	5 min on foot	6 min on foot
Belapur CBD by road	15 min	15 min
Airport by road	27 min	26 min
Ryan International School	6 min	4 min
Medicover Hospitals	6 min on foot	7 min on foot
Builder	Shreeji Group	Platinum Group

The prices, the registered months and both registration numbers come from our own records. We read them on 28 October 2026.

Carpet sizes, the costs and the minutes come from each project’s own page on our site. The rates a foot are our own division of two of those figures.

If you’re selling a flat to buy this one, every rupee of that sale cuts the loan. The income bar drops with it. So those two rows overstate what your bank asks of you.

Take an illustration. If your own sale brings in a crore, that crore comes off the loan. The monthly and the income bar both fall with it.

Your bank will use its own rules. Ask it for the figure on your own numbers.

Count the rent you’d pay while you wait

Possession is the month a builder has registered for handing over the keys. At Estrella it’s 32 months away. At The Reserve, 50.

1. Today You book, and the rent you’re paying now keeps running every month.
2. June 2029 Shreeji Estrella’s registered handover, about 32 months of rent from today.
3. December 2030 Platinum The Reserve’s registered handover, about 50 months of rent from today.

So the cheaper flat asks you for 18 more months of rent. Multiply your own rent by 18, and please don’t use a figure I invented.

Is that total bigger than ₹11 lakh? Then the dearer flat is the cheaper one, and you’d live in it a year and a half earlier.

Here’s the rule to carry away. Divide the price gap by the months between the two registered dates. Here that’s about ₹61,000 a month. If your rent is higher than that, pay for the nearer keys.

One honest caveat. Until the keys come, a bank usually charges you interest only on what it has released to the builder so far.

So that payment starts small and climbs. Your rent, meanwhile, is full from the first month.

The monthly gap between the two is small anyway: ₹7,159. This decision isn’t really about what you can carry each month. It’s about where you sleep until the keys come.

On the 4 BHK, the answer flips

Worth thirty seconds, because the two 4 BHKs are not the same animal.

Estrella’s 4 BHK has 1,635 square feet of carpet. The fourth bedroom comes out of much the same floor, 294 feet more than its own 3 BHK.

The Reserve’s has 2,504 feet. Nearly twice its own 3 BHK, at ₹5.75 Cr.

The Reserve, 4 BHK2,504 sq ft

Estrella, 4 BHK1,635 sq ft

Estrella, 3 BHK1,341 sq ft

The Reserve, 3 BHK1,338 sq ft

By the foot they’re level again: ₹22,752 at Estrella against ₹22,963 at The Reserve.

So if you want a genuinely big home, only The Reserve has one. That’s a different budget, not a different choice.

You’re buying at about three times the Kharghar middle

That’s worth hearing plainly before you sign anything.

Kharghar has 78 checked projects on our records, and the middle starting price across them is ₹1.02 Cr. The chart below sets these two against it.

Shreeji Estrella₹3.06 Cr

Platinum The Reserve₹2.95 Cr

Platinum Parksyde₹1.19 Cr

Kharghar middle₹1.02 Cr

Cheapest in Kharghar₹36 lakh

Up at this end, the buyers who can follow you are fewer. That’s the part nobody selling to you will raise.

That alone doesn’t make them a bad buy. CIDCO, the authority that plans and sells land in Navi Mumbai, sold a Sector 15 plot this year at ₹7,07,000 a square metre, taking ₹282.8 crore for it.

So builders are paying record money for ground here. But a land rate isn’t a flat rate, and it won’t tell you what your own home resells for. We hold no verified resale or rent figures for either tower, so I won’t quote any at you.

An occupancy certificate says a building is cleared to live in, and we hold none for either tower. Nor for any of the 78 Kharghar projects on our records. Ask each builder for the list of projects they’ve finished, then read those dates on the register yourself.

Is three crore a stretch you’d rather not make? The same builder’s other Kharghar tower, Platinum Parksyde in Sector 30, starts at ₹1.19 Cr.

Its registered handover month was December 2025, and we hold no occupancy certificate for that one either. Ask to see that paper before you pay a booking amount.

Five things to check before you pay anything

All of this is free and takes an evening at home.

1. Before you pay Ask the sales desk, in writing, for the registration number covering your exact flat.
2. The same evening Read that number’s own page on the public register. Note the handover month it shows.
3. Before you sign Check the agreement names your flat, its carpet area and that same month. Ask what it says if the month slips.
4. Before you pay more Ask for a written cost sheet. Floor rise and parking are often charged on top.
5. Before you take keys Ask for the occupancy certificate covering your own unit, not just the project.

Steps three and five follow MahaRERA’s own guidance on buying a property. You can look up either number on MahaRERA’s public project search, free, in about two minutes.

The Sector 15 land figure is from this report on the Kharghar plot record. The rest is from our own records and pages.

And the limits of what we can tell you. We haven’t stood inside a finished flat in either tower, because neither one exists yet. Both of our pages describe plots with work going on.

Who should pay for the nearer date

Some of you should skip both for now, and I’d rather say so. Do you need the keys inside two years? Would the monthly frighten you if one salary stopped for six months?

Then buy neither. With 78 projects in Kharghar you can afford to be fussy. And what the Kharghar average price hides will show you the rest of the node.

My honest answer

If you can reach it, I’d take Shreeji Estrella.

Same rate a foot, same sector, and the metro walk barely differs. What you add is the keys 18 months sooner, for ₹11 lakh. For a family paying rent in the meantime, that’s the cheaper one.

If your money needs those extra 18 months to come together, Platinum The Reserve is the honest answer. Plan the waiting years properly, and ask for the big 4 BHK while you’re there.

If the three-crore band itself is the stretch, read what the extra crore buys when you upgrade before you shortlist anything.

Raj Rawthar looks after Kharghar for us. Ask him on the Kharghar area page, or on either project’s page, and he’ll open both registration numbers on screen with you.

Then let’s walk Sector 11 on a weekday morning, parents along.

Questions buyers ask

Which is cheaper, Shreeji Estrella or Platinum The Reserve?

Platinum The Reserve, by about ₹11 lakh on the 3 BHK. But its registered handover month is 18 months later, and the two flats are the same size to within a doormat. So you’re buying time, not floor.

When is possession for Shreeji Estrella and Platinum The Reserve?

Our records show June 2029 for Shreeji Estrella and December 2030 for Platinum The Reserve. Some pages online print other months, and one even reads as though Estrella is nearly finished. Read the month for your own flat on the register, and trust that one.

Are Shreeji Estrella and Platinum The Reserve in the same place?

Almost. Estrella is Plot 109 and The Reserve is Plot 90, both in Sector 11, Kharghar. Our measured drive to Belapur is 15 minutes from either. Both are a short walk from the same metro station.

What income does a 3 BHK in either one need?

About ₹3,98,331 a month for Estrella, and ₹3,84,012 for The Reserve. Both come from our pages’ own working, on the loan terms set out above. Sell a flat and put the proceeds in, and the figure your bank asks for falls a long way.

Is the 4 BHK worth the jump?

The Reserve’s 4 BHK is nearly twice its own 3 BHK, while Estrella’s adds 294 feet to its 3 BHK. By the foot the two sit within ₹211 of each other. So it comes down to how much room you need. The bar chart above shows all four homes.

What couldn’t you check for us?

Three things, and you should know them. We hold no occupancy certificate for either tower, and no verified resale or rent figures for these two. Neither builder has a finished project on our records either, so we can’t show you what they handed over last time.

Buying your first home here? Our six steps to buying a flat in Navi Mumbai put this in order, from the loan to the keys.