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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Completed/historical project — current inventory unconfirmedMahaRERA P51800004753

Chembur · Mumbai

Akshay Paradise

Chembur · by Akshay Group (Dinesh S Chandnani)

Updated Sep 2026

102
Units
2025
Possession
1
Buildings
Certificate Signed
Status

A first look at Akshay Paradise

Akshay Paradise is a residential project in Chembur, Mumbai 400089. It is registered with MahaRERA under P51800004753 (registered 2020-06-14). The project has 102 units across 1 building of up to 16 floors. It offers 1 & 2 BHK homes with carpet areas of 441–692 sq ft, priced ₹1.07 Cr–₹1.63 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹23,900 per sq ft. MahaRERA proposed possession: Dec 2025, revised to Jun 2021.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Availability & Pricing

TypeCarpetPriceAvail
1 BHK441 ft²₹1.07 Cr—
1½ BHK568 ft²₹1.35 Cr—
2 BHK692 ft²₹1.63 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

Akshay Paradise floor plans

1
Akshay Paradise, Chembur — floor plan 1

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

About Akshay Paradise

Location

Akshay Paradise is located in Chembur, Mumbai 400089, in the Mumbai Suburban district. Across 40 recent resale listings on MPE, homes in Chembur have a median asking rate of ₹40,000 per sq ft, and a 2 BHK typically rents for about ₹80,000 a month.

MahaRERA record

The MahaRERA registration number is P51800004753, issued on 14 June 2020. The registered promoter is Dinesh S Chandnani. The filing lists 1 wing: AKSHAY PARADISE over 16 floors. Per the registration, the architect on record is Rajendra S Karnik and the project escrow account is with HDFC Bank.

Homes and prices

The price list covers 1 BHK of 441 sq ft at ₹1.07 Cr; 1½ BHK of 568 sq ft at ₹1.35 Cr; 2 BHK of 692 sq ft at ₹1.63 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹23,600–₹24,300 per sq ft of carpet, 40% 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 50%, structure at 70%, finishing at 13%, services at 20%. Proposed possession is Dec 2025, revised to Jun 2021.

Developer track record

Akshay Group has 5 projects tracked on Mumbai Property Exchange, 4 of them delivered (ready or sold out).

Buyer demand in Chembur

In the last 90 days, buyers and tenants registered 39 requirements for Chembur with Mumbai Property Exchange, 16 of them to buy and 19 specifically for 1 & 2 BHK homes.

Developer's description ▾
Akshay Paradise is a 14 storied Under Construction Project and the location is Tilak Nagar, Chembur and is developed by Akshay Group. Akshay Paradise was launched in and the possession of the same is likely to be in Dec 2022. Akshay Paradise is RERA approved has the Registration Number bearing P51800004753. Akshay Paradise is tagged as RERA Approved. Akshay Paradise has 1 BHK-441 Sq.ft. Carpet Rs.1.21 Crore 1½ BHK-568 Sq.ft. Carpet Rs.1.57 Crore 2 BHK-692 Sq.ft. Carpet Rs.1.91 Crore Configurations. Amenities like Outdoor Games Indoor Games Air Conditioned Lobby Kid's play area High speed elevators Grand entrance lobby Health Club Club House Aluminium Sliding Windows POP finished walls Imported Sanitary Fittings Concealed Plumbing Concealed Wiring Granite Platform Security Help Desk Reception Desk are planned to be provided in Akshay Paradise.Akshay Group also has other under construction and ready possession and sold out projects like Trafalgar Tower, Akshay Paradise. The property prices in Chembur are in the range of 15500 to 21500 for Outright for ready and under construction projects. Akshay Group currently has 1 Under Construction projects. Akshay Paradise has good reviews and the ratings of this project are approximately 4 out of 5.

Price vs Locality

₹23,861
/sqft · Chembur rate-band mid-point ₹45,000
47% below mid-point

Upcoming projects & infrastructure in Chembur

take an informed decision

67 MahaRERA projects are due to hand over in Chembur between 2027 and 2031; the nearest upcoming infrastructure to Akshay Paradise is the Line 4 Green, 2.1 km away (under construction · due 2027).

67
MahaRERA projects handing over in the next 5 years
in Chembur
₹35,000/sqft▲
typical asking price
rising this quarter
₹13,400/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Chembur by possession year
14
2027
16
2028
15
2029
17
2030
5
2031
Metro & infrastructure near Akshay Paradise
  • 🚇Line 2B YellowOpened 20261.4 km
  • 🚇Line 4 GreenUnder construction · due 20272.1 km
  • 🚇Line 3 AquaOpened 20253.4 km
  • 🚄Mumbai-Ahmedabad Bullet TrainUnder construction · due 20293.4 km
📜 1,012 registered transactions (IGR) on record in Chembur, and we pull the latest registrations on request. Know what flats here actually transacted at before you negotiate — take an informed decision.
Ask for registered transactions ›
In the full Chembur 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.

Chembur — resale, rent & yield

Resale
₹40,000/sqft
median · 40 listings
Rent
₹92.9/sqft/mo
2 BHK ~₹80,000/mo
Gross yield
2.8%/yr
rent vs resale value

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
1 BHK375–441 ft²₹89 L–₹1.05 Cr
Shop143–540 ft²₹34 L–₹1.29 Cr
2 BHK568–746 ft²₹1.36 Cr–₹1.78 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)
Dec 2025
Possession (revised)
Jun 2021
MahaRERA No.
P51800004753
Data last updated
Sep 2026
Registered
2020-06-14
Escrow Bank
HDFC BANK
Architect
Rajendra S Karnik
Total FSI
7,990

Buildings · 1 wing

AKSHAY PARADISE · 16 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation50%
Structure70%
Finishing13%
Services20%
See all 14 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure70%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…40%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …40%
Basement (if any)0%
Excavation0%
External plumbing and external plaster, elevation, completion of terr…0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…0%
Plinth0%
Podiums (if any)0%

Amenities

9
Aggregate area of recreational Open SpaceElectrical meter room, sub-station, r…Fire protection and fire safety requi…Landscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water DrainsWater Supply
+1 more ▾
Water conservation /Rain water harvesting

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

Chembur market context

Property Rates in Chembur

Residential · Sale
₹35,000–55,000/sqft
Commercial · Sale
₹40,000–55,000/sqft
2 BHK · Rent
₹70,000–125,000/mo

Resale Flats for Sale in Chembur

4

Flats for Rent in Chembur

4

Commercial for Sale in Chembur

1

Commercial Projects in Chembur

MahaRERA projects nearby in Chembur

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 Akshay Paradise located?

Akshay Paradise is in Chembur, Mumbai 400089.

What is the price of Akshay Paradise?

1 & 2 BHK homes are priced ₹1.07 Cr–₹1.63 Cr as on 09 Jul 2026, about ₹23,900 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Akshay Paradise offer?

1 BHK – 441 sq ft carpet at ₹1.07 Cr; 1½ BHK – 568 sq ft carpet at ₹1.35 Cr; 2 BHK – 692 sq ft carpet at ₹1.63 Cr.

When is possession of Akshay Paradise?

As per MahaRERA, proposed possession is Dec 2025, revised to Jun 2021.

Is Akshay Paradise RERA-registered?

Yes — MahaRERA registration P51800004753, registered 2020-06-14.

How many units does Akshay Paradise have?

MahaRERA records 102 units across 19 buildings, up to 16 floors.

Who is the developer of Akshay Paradise?

Akshay Group (Dinesh S Chandnani) — 5 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Chembur?

67 MahaRERA-registered projects in Chembur are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Akshay Paradise?

Line 2B Yellow — opened 2026, 1.4 km away; Line 4 Green — under construction · due 2027, 2.1 km away; Line 3 Aqua — opened 2025, 3.4 km away; Mumbai-Ahmedabad Bullet Train — under construction · due 2029, 3.4 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.

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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