Nerul · Mumbai
Akshar Alvario
Nerul · by Akshar Developers
Updated Sep 2026
NerulPhotos from the project record · tap to enlarge
A first look at Akshar Alvario
Akshar Alvario is a residential project in Nerul, Mumbai 400706. It is registered with MahaRERA under P51700006864 (registered 2018-07-16). The project has 92 units across 3 buildings of up to 16 floors. It offers 2 & 3 BHK homes with carpet areas of 786–1,378 sq ft, priced ₹1.85 Cr–₹3.13 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹23,100 per sq ft. MahaRERA proposed possession: Nov 2018.
Ask an advisor to check current resale or rental availability.
Availability & Pricing
Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.
💬 Request latest price on WhatsAppAkshar Alvario floor plans
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Floor plans are indicative, as shared by the developer, and subject to change.
About Akshar Alvario
Location
Akshar Alvario is located in Nerul, Mumbai 400706, in the Thane district. Across 5 recent resale listings on MPE, homes in Nerul have a median asking rate of ₹41,666 per sq ft, and a 2 BHK typically rents for about ₹75,000 a month.
MahaRERA record
The MahaRERA registration number is P51700006864, issued on 16 July 2018. The registered promoter is Thalia Akshar Developers. The filing lists 3 wings: AKSHAR ALVARIO WING A over 16 floors; AKSHAR ALVARIO WING B over 16 floors; AKSHAR ALVARIO WING C over 16 floors. Per the registration, the architect on record is Soyuz Talib Architects Pvt. Ltd. and the project escrow account is with HDFC Bank.
Homes and prices
Homes on offer are 2 BHK of 786 sq ft at ₹1.85 Cr; 3 BHK of 1,173–1,378 sq ft at ₹2.7 Cr–₹3.13 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹22,700–₹23,500 per sq ft of carpet, 45% below the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.
Construction and possession
The latest MahaRERA progress report shows foundation at 100%, structure at 100%, finishing at 66%, services at 70%. Proposed possession is Nov 2018.
Developer track record
Akshar Developers has 25 projects tracked on Mumbai Property Exchange, 20 of them delivered (ready or sold out). Other projects by the same developer include Saubhagyam.
Developer's description ▾
Akshar Alvario is a 14 storeys Ready Prossession Project and the location is Plot No.76,Sector-27, Nerul and is developed by Akshar Developers.
Akshar Alvario was launched in Jun 2014 and is delivered
Akshar Alvario is RERA approved has the Registration Number bearing P51700006864.
The price for Akshar Alvario 2BHK/3BHK 1.85 Cr Onwards
Akshar Alvario has amenities like Swimming pool, children's game room, health club with gym and steam room, landscaped podium garden with jogging track and many other amenities are planned to be provided in Akshar Alvario.
Akshar Developers also has other under construction and ready possession like Alvario, Green world, Estonia, Evorra, Elita, Evita and Edeania.
The property prices in Nerul are in the range of 10600 to 14500 for Outright for ready and under construction projects.
Akshar Developers currently has 2 Ready Possession, 6 Under Construction projects.
Akshar Alvario has good reviews and the ratings of this project are approximately 2 out of 5.
You can download the brochure of Akshar Alvario and you can see the latest digital pictures, Floor Plans, Location Plans & Rate History on our website. The Bookings for the Under Construction project Akshar Alvario are open and we can set up a Site Visit any time at your Convenience. Akshar Alvario is approved by most of the Banks and for more details on the approved bank list, please connect with us.
Price vs Locality
Upcoming projects & infrastructure in Nerul
take an informed decision27 MahaRERA projects are due to hand over in Nerul between 2026 and 2030; the nearest upcoming infrastructure to Akshar Alvario is the Line 8 Gold (Airport Express), 1.4 km away (under construction · due 2030).
Supply is not evenly spread — one year carries about a third of it.
- 🚇Line 8 Gold (Airport Express)Under construction · due 20301.4 km
- 🛣️Mumbai-Delhi Expressway (Vadodara link)Under construction · due 20282.6 km
- ✈️Navi Mumbai International Airport (NMIA)Opened 20252.9 km
🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices
Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.
Nerul — resale, rent & yield
From MPE live listings, last 18 months · Mumbai price index ›
Unit Configurations (per MahaRERA)
RERA record & possession
Buildings · 3 wings
Location
Construction progress
per MahaRERASee all 13 stages ▾
Amenities
9+1 more ▾
Talk to our MahaRERA advisor
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💬 Ask about resale or rental optionsNerul market context
Property Rates in Nerul
Resale Flats for Sale in Nerul
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Flats for Rent in Nerul
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Commercial for Sale in Nerul
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Commercial Projects in Nerul
More by Akshar Developers
MahaRERA projects nearby in Nerul
Next steps — clarity before you step out
Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.
Frequently Asked Questions
Where is Akshar Alvario located?
Akshar Alvario is in Nerul, Mumbai 400706.
What is the price of Akshar Alvario?
2 & 3 BHK homes are priced ₹1.85 Cr–₹3.13 Cr as on 09 Jul 2026, about ₹23,100 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Akshar Alvario offer?
2 BHK – 786 sq ft carpet at ₹1.85 Cr; 3 BHK – 1,173 sq ft carpet at ₹2.7 Cr; 3 BHK – 1,378 sq ft carpet at ₹3.13 Cr.
When is possession of Akshar Alvario?
As per MahaRERA, proposed possession is Nov 2018.
Is Akshar Alvario RERA-registered?
Yes — MahaRERA registration P51700006864, registered 2018-07-16.
How many units does Akshar Alvario have?
MahaRERA records 92 units across 3 buildings, up to 16 floors.
Who is the developer of Akshar Alvario?
Akshar Developers — 25 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Nerul?
27 MahaRERA-registered projects in Nerul are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Akshar Alvario?
Line 8 Gold (Airport Express) — under construction · due 2030, 1.4 km away; Mumbai-Delhi Expressway (Vadodara link) — under construction · due 2028, 2.6 km away; Navi Mumbai International Airport (NMIA) — opened 2025, 2.9 km away. Timelines are as announced and can change.
How do I book or get more details?
Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.
