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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Lifecycle requires verificationMahaRERA P51800032263

Borivali West · Mumbai

Friends Business Bay

Borivali West · by Paresh Asher

Updated Oct 2026

🗺 View on map · schools, metro & distances
Friends Business BayProject photos will appear here when available.

The story at a glance

Sandeep Sadh, Mumbai Property Exchange
Sandeep Sadh · Founder, Mumbai Property Exchange
MahaRERA A51800043517 · in Mumbai real estate since 1995
102
Units
2025
Possession
1
Buildings
RERA Registered
Status

A first look at Friends Business Bay

Friends Business Bay is a residential project by Paresh Asher in Borivali West, Mumbai 400092. It is registered with MahaRERA under P51800032263 (registered 2021-12-20). The project has 102 units across 1 building of up to 24 floors. MahaRERA proposed possession: Jun 2025.

Lifecycle requires verification.

Ask an advisor to verify the current project and inventory status.

Areas filed by the developer in MahaRERA

ConfigurationCarpet
Office Space105–2,193 ft²
Bungalow2,686 ft²
These are the areas the developer filed with MahaRERA. Developers often combine or change units, so they may not match what is on sale — our team confirms what is available and the price.
💬 Ask what is available

About Friends Business Bay

Location

Friends Business Bay is located in Borivali West, Mumbai 400092, in the Mumbai Suburban district. Across 146 recent resale listings on MPE, homes in Borivali West have a median asking rate of ₹33,600 per sq ft.

MahaRERA record

The MahaRERA registration number is P51800032263, issued on 20 December 2021. The filing lists 1 wing: FRIENDS BUSINESS BAY with 102 units over 24 floors. Per the registration, the architect on record is ASHOK GANDHI CONSULTANTS LLP and the project escrow account is with Kotak Mahindra Bank Ltd.

Construction and possession

The latest MahaRERA progress report shows foundation at 100%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Jun 2025.

Buyer demand in Borivali West

In the last 90 days, buyers and tenants registered 60 requirements for Borivali West with Mumbai Property Exchange, 26 of them to buy.

Borivali West market

prices, rents & rates

Borivali West — resale, rent & yield

Resale
₹33,600/sqft
median · 146 listings
Rent
₹79.9/sqft/mo
16 rentals
Gross yield
2.9%/yr
rent vs resale value

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

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

Upcoming projects & infrastructure in Borivali West

take an informed decision

163 MahaRERA projects are due to hand over in Borivali West between 2026 and 2030; the nearest upcoming infrastructure to Friends Business Bay is the Goregaon-Mulund Link Road (GMLR), 2.4 km away (under construction · due 2028).

163
MahaRERA projects handing over in the next 5 years
in Borivali West
₹34,800/sqft▲
typical asking price
rising this quarter
₹22,400/sqft
ready reckoner rate (government) · carpet
2025-26 · highest govt zone rate in the area, shown per sq ft carpet · stamp duty is charged on the higher of this and the deal value
New projects in Borivali West by possession year
12
2026
52
2027
43
2028
33
2029
23
2030
Metro & infrastructure near Friends Business Bay
  • 🚇Goregaon-Mulund Link Road (GMLR)Under construction · due 20282.4 km
Questions about Borivali West prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Borivali West, then an advisor calls about your budget and configuration.

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

RERA record & possession

Possession (proposed)
Jun 2025
Project status
New
MahaRERA No.
P51800032263
Data last updated
Oct 2026
Registered
2021-12-20
Escrow Bank
KOTAK MAHINDRA BANK LIMITED
Architect
ASHOK GANDHI CONSULTANTS LLP
Total FSI
6,625

Buildings · 1 wing

102 units
FRIENDS BUSINESS BAY · 24 fl · 102 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Neighbourhood around Friends Business Bay

Friends Business Bay in Borivali West is 0.4 km from Lower Malad metro station, 1.7 km from Malad railway station, 0.6 km from D G Khetan International School and 0.2 km from Cloud Nine Children's Hospital.

  • Ⓜ Metro stationLower Malad0.4 km
  • Ⓜ Metro stationMalad (West)0.9 km
  • 🚉 Railway stationMalad1.7 km
  • 🏫 SchoolD G Khetan International School0.6 km
  • 🏫 SchoolMunicipal Corporation Liberty Garden School1.4 km
  • 🏥 HospitalCloud Nine Children's Hospital0.2 km
  • 🏥 HospitalSage Hospital0.3 km
  • 🎓 CollegePatkar College of Science1.5 km
  • 🛍 MallEvershine Mall0.2 km
  • 🌳 ParkBMC Forest Theme Garden0.5 km

Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →

Construction progress

per MahaRERA
Foundation100%
Structure100%
Finishing100%
Services100%
See all 11 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%

Amenities declared to MahaRERA

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

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 (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Resale Flats for Sale in Borivali West

3

Flats for Rent in Borivali West

2

Commercial for Sale in Borivali West

1

Commercial for Lease in Borivali West

1

Commercial Projects in Borivali West

MahaRERA projects nearby in Borivali West

Frequently Asked Questions

Where is Friends Business Bay located?

Friends Business Bay is in Borivali West, Mumbai 400092.

When is possession of Friends Business Bay?

As per MahaRERA, proposed possession is Jun 2025.

Is Friends Business Bay RERA-registered?

Yes — MahaRERA registration P51800032263, registered 2021-12-20.

How many units does Friends Business Bay have?

MahaRERA records 102 units across 1 building, up to 24 floors.

Who is the developer of Friends Business Bay?

Paresh Asher

How many new projects are coming up in Borivali West?

163 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 Friends Business Bay?

Goregaon-Mulund Link Road (GMLR) — under construction · due 2028, 2.4 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.

How far is Friends Business Bay from the nearest metro and railway station?

Friends Business Bay is about 0.4 km from Lower Malad metro station and 1.7 km from Malad railway station (straight-line distance; road distance is longer).

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 2026-10-02). 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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