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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA P51800049511

Borivali West · Mumbai

Akshaya Residency

3Baburao Paranjape Marg, Opp. Mahishamardini Temple, Borivali West · by NHI Developers LLP

Updated Sep 2026

217
Units
2026
Possession
2
Buildings
Certificate Signed
Status

A first look at Akshaya Residency

Akshaya Residency is a residential project by NHI Developers LLP on 3Baburao Paranjape Marg, Opp. Mahishamardini Temple, Borivali West, Mumbai 400092. It is registered with MahaRERA under P51800049511 (registered 2023-02-15). The project has 217 units across 2 buildings of up to 23 floors. It offers 1, 2 & 3 BHK homes with carpet areas of 454–781 sq ft, priced ₹1.6 Cr–₹2.76 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹35,300 per sq ft. MahaRERA proposed possession: Dec 2026.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
1 BHK454 ft²₹1.6 Cr—
2 BHK714 ft²₹2.52 Cr—
3 BHK781 ft²₹2.76 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 Akshaya Residency

For sale

About Akshaya Residency

Location

Akshaya Residency is located on 3Baburao Paranjape Marg, Opp. Mahishamardini Temple, Borivali West (Mumbai 400092), in the Mumbai Suburban district. Across 30 recent resale listings on MPE, homes in Borivali West have a median asking rate of ₹31,350 per sq ft, and a 2 BHK typically rents for about ₹60,000 a month.

MahaRERA record

The MahaRERA registration number is P51800049511, issued on 15 February 2023. The filing lists 2 wings: AKSHAYA COMMERCIAL COMPLEX with 7 units over 6 floors; AKSHAYA RESIDENCY A-B with 210 units over 23 floors. Per the registration, the architect on record is ANIL SHIRGAONKAR and the project escrow account is with Axis Bank.

Homes and prices

Configurations recorded are 1 BHK of 454 sq ft at ₹1.6 Cr; 2 BHK of 714 sq ft at ₹2.52 Cr; 3 BHK of 781 sq ft at ₹2.76 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹35,200–₹35,300 per sq ft of carpet, 13% 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 83%, structure at 100%, finishing at 75%, services at 67%. Proposed possession is Dec 2026.

Buyer demand in Borivali West

In the last 90 days, buyers and tenants registered 41 requirements for Borivali West with Mumbai Property Exchange, 17 of them to buy and 23 specifically for 1, 2 & 3 BHK homes.

Price vs Locality

₹35,292
/sqft · Borivali West rate-band mid-point ₹40,000
12% below mid-point

Upcoming projects & infrastructure in Borivali West

take an informed decision

104 MahaRERA projects are due to hand over in Borivali West between 2026 and 2030; the nearest upcoming infrastructure to Akshaya Residency is the Borivali-Thane Tunnel, 2.0 km away (under construction · due 2028).

104
MahaRERA projects handing over in the next 5 years
in Borivali West
₹33,800/sqft▲
typical asking price
rising this quarter
₹15,300/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Borivali West by possession year
2
2026
21
2027
30
2028
30
2029
21
2030

Supply is not evenly spread — one year carries about a third of it.

Metro & infrastructure near Akshaya Residency
  • 🚇Borivali-Thane TunnelUnder construction · due 20282.0 km
  • 🚇Line 9 Red (Mira-Bhayandar)Opened 20263.3 km
In the full Borivali West 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.

Borivali West — resale, rent & yield

Resale
₹31,350/sqft
median · 30 listings
Rent
₹88.7/sqft/mo
2 BHK ~₹60,000/mo
Gross yield
3.4%/yr
rent vs resale value

This project is quoted around ₹35,292/sqft — 13% above resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
1 BHK425–454 ft²₹1.5 Cr–₹1.6 Cr
Office Space234–693 ft²₹83 L–₹2.45 Cr
2 BHK610–714 ft²₹2.15 Cr–₹2.52 Cr
3 BHK781–933 ft²₹2.76 Cr–₹3.29 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 2026
Project status
New
MahaRERA No.
P51800049511
Data last updated
Sep 2026
Registered
2023-02-15
Escrow Bank
AXIS BANK
Architect
ANIL SHIRGAONKAR
Total FSI
14,377

Buildings · 2 wings

217 units
AKSHAYA COMMERCIAL COMPLEX · 6 fl · 7 u
AKSHAYA RESIDENCY A-B · 23 fl · 210 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation83%
Structure100%
Finishing75%
Services67%
See all 14 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Podiums (if any)100%
Sanitary Fittings within the flats / premises100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%
Basement (if any)0%
External plumbing and external plaster, elevation, completion of terr…0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%

Amenities

10
Kids Play AreaClubhouseIndoor GamesGymnasiumJogging TrackCCTV24x7 SecurityPower Backup
+2 more ▾
Concealed WiringConcealed Plumbing

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.

💬 Verify current project inventory

Borivali West market context

Property Rates in Borivali West

Residential · Sale
₹30,000–50,000/sqft
Commercial · Sale
₹30,000–45,000/sqft
2 BHK · Rent
₹65,000–90,000/mo

Resale Flats for Sale in Borivali West

4

Flats for Rent in Borivali West

4

Commercial for Sale in Borivali West

2

Commercial for Lease in Borivali West

3

Commercial Projects in Borivali West

Compare AKSHAYA AND JAYSHREE REDEVELOPMENT with similarly priced projects nearby

MahaRERA projects nearby in Borivali West

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 Akshaya Residency located?

Akshaya Residency is on 3Baburao Paranjape Marg, Opp. Mahishamardini Temple, Borivali West, Mumbai 400092.

What is the price of Akshaya Residency?

1, 2 & 3 BHK homes are priced ₹1.6 Cr–₹2.76 Cr as on 09 Jul 2026, about ₹35,300 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Akshaya Residency offer?

1 BHK – 454 sq ft carpet at ₹1.6 Cr; 2 BHK – 714 sq ft carpet at ₹2.52 Cr; 3 BHK – 781 sq ft carpet at ₹2.76 Cr.

When is possession of Akshaya Residency?

As per MahaRERA, proposed possession is Dec 2026.

Is Akshaya Residency RERA-registered?

Yes — MahaRERA registration P51800049511, registered 2023-02-15.

How many units does Akshaya Residency have?

MahaRERA records 217 units across 23 buildings, up to 23 floors.

Who is the developer of Akshaya Residency?

NHI Developers LLP — 1 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Borivali West?

104 MahaRERA-registered projects in Borivali West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Akshaya Residency?

Borivali-Thane Tunnel — under construction · due 2028, 2.0 km away; Line 9 Red (Mira-Bhayandar) — opened 2026, 3.3 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 2026-09-28). 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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