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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA P51700051580

Vashi · Mumbai

Akshar Spotlight

Sant Janai Marg, Juhu Nagar, Sector 9, Vashi · by Akshar Developers

Updated Sep 2026

77
Units
2027
Possession
1
Buildings
Certificate Signed
Status

A first look at Akshar Spotlight

Akshar Spotlight is a residential project on Sant Janai Marg, Juhu Nagar, Sector 9, Vashi, Mumbai 400703. It is registered with MahaRERA under P51700051580 (registered 2023-06-27). The project has 77 units across 1 building of up to 22 floors. It offers 2 BHK homes with carpet areas of 760 sq ft, priced ₹2.1 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹27,600 per sq ft. MahaRERA proposed possession: Oct 2027.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
2 BHK760 ft²₹2.1 Cr—

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 WhatsApp

Property listings in Akshar Spotlight

For sale

Akshar Spotlight floor plans

1
Akshar Spotlight, Vashi — floor plan 1

Floor plans are indicative, as shared by the developer, and subject to change.

About Akshar Spotlight

Location

Akshar Spotlight stands on Sant Janai Marg, Juhu Nagar, Sector 9 in Vashi, Mumbai 400703, in the Thane district. Across 3 recent resale listings on MPE, homes in Vashi have a median asking rate of ₹21,250 per sq ft, and a 2 BHK typically rents for about ₹85,000 a month.

MahaRERA record

Akshar Spotlight is registered with MahaRERA under P51700051580, dated 27 June 2023. The registered promoter is Akshar Dream Homes. The filing lists 1 wing: AKSHAR PANCHRATNA with 77 units over 22 floors. According to MahaRERA, the architect on record is DIMENSIONS ARCHITECTS PVT LTD and the project escrow account is with HDFC Bank.

Homes and prices

Homes on offer are 2 BHK of 760 sq ft at ₹2.1 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹27,600 per sq ft of carpet, 30% above 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 92%, structure at 89%, finishing at 39%, services at 32%. Proposed possession is Oct 2027.

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 Akshar Elevate, Akshar Rivergate, 19 EAST.

Developer's description ▾
Codename Spotlight is a new launch project by Akshar Group situated in Vashi. Scheduled for possession soon, it offers 1 and 2 BHK apartments ranging from sq. ft. World-class amenities such as power backup, lifts, security, parking, and CCTV ensure a comfortable lifestyle. Crafted with modern architecture, the project promises luxury living. With quality construction and lavish interiors, Codename Spotlight provides an attractive living space. The spacious apartments allow for a refreshing breeze, creating a peaceful ambiance. Located in a well-connected area, it offers residents a harmonious living experience amidst natural beauty and tranquility.

Price vs Locality

₹27,600
/sqft · Vashi rate-band mid-point ₹37,500
26% below mid-point

Upcoming projects & infrastructure in Ghansoli

take an informed decision

15 MahaRERA projects are due to hand over in Ghansoli between 2027 and 2031.

15
MahaRERA projects handing over in the next 5 years
in Ghansoli
New projects in Ghansoli by possession year
2
2027
2
2028
4
2029
5
2030
2
2031

Supply is not evenly spread — one year carries almost half of it.

In the full Ghansoli report

🔒 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.

Vashi — resale, rent & yield

Resale
₹21,250/sqft
median · 3 listings
Rent
₹116.9/sqft/mo
2 BHK ~₹85,000/mo
Gross yield
6.6%/yr
rent vs resale value

This project is quoted around ₹27,600/sqft — 30% above resale here.

From MPE live listings, last 18 months · Mumbai price index ›

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
1 BHK Tenant410 ft²₹1.13 Cr
2 BHK582 ft²₹1.61 Cr
Shop159–1,665 ft²₹44 L–₹4.6 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Oct 2027
Project status
New
MahaRERA No.
P51700051580
Data last updated
Sep 2026
Registered
2023-06-27
Escrow Bank
HDFC BANK
Architect
DIMENSIONS ARCHITECTS PVT LTD
Total FSI
7,826

Buildings · 1 wing

77 units
AKSHAR PANCHRATNA · 22 fl · 77 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation92%
Structure89%
Finishing39%
Services32%
See all 11 stages ▾
Excavation100%
Basement (if any)90%
Plinth90%
Podiums (if any)90%
Stilt Floor90%
Slabs of Super Structure89%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…70%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …55%
Sanitary Fittings within the flats / premises41%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…10%
External plumbing and external plaster, elevation, completion of terr…5%

Amenities

8
Electrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Landscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Storm Water DrainsWater SupplyWater conservation /Rain water harvesting

Talk to our MahaRERA advisor

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💬 Verify current project inventory

Vashi market context

Property Rates in Vashi

Residential · Sale
₹30,000–45,000/sqft
Commercial · Sale
₹15,000–40,000/sqft
2 BHK · Rent
₹45,000–100,000/mo

Resale Flats for Sale in Vashi

4

Flats for Rent in Vashi

3

Commercial for Sale in Vashi

2

Commercial for Lease in Vashi

2

Commercial Projects in Vashi

More by Akshar Developers

Compare Akshar Panchratna with similarly priced projects nearby

MahaRERA projects nearby in Vashi

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 Spotlight located?

Akshar Spotlight is on Sant Janai Marg, Juhu Nagar, Sector 9, Vashi, Mumbai 400703.

What is the price of Akshar Spotlight?

2 BHK homes are priced ₹2.1 Cr as on 09 Jul 2026, about ₹27,600 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Akshar Spotlight offer?

2 BHK – 760 sq ft carpet at ₹2.1 Cr.

When is possession of Akshar Spotlight?

As per MahaRERA, proposed possession is Oct 2027.

Is Akshar Spotlight RERA-registered?

Yes — MahaRERA registration P51700051580, registered 2023-06-27.

How many units does Akshar Spotlight have?

MahaRERA records 77 units across 1 building, up to 22 floors.

Who is the developer of Akshar Spotlight?

Akshar Developers — 25 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Ghansoli?

15 MahaRERA-registered projects in Ghansoli are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines 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.

Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-09-20). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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