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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 P51800051982

Borivali West · Mumbai

Kasturi Milan

Opposite Suvarna Hospital, Kastur Park, Shimpoli Road, Borivali West · by H. Rishabraj Builders and Developers

Updated Sep 2026

24
Units
2025
Possession
1
Buildings
Certificate Signed
Status

A first look at Kasturi Milan

Kasturi Milan is a residential project by H. Rishabraj Builders and Developers on Opposite Suvarna Hospital, Kastur Park, Shimpoli Road, Borivali West, Mumbai 400092. It is registered with MahaRERA under P51800051982 (registered 2023-07-13). The project has 24 units across 1 building of up to 8 floors. It offers 2 BHK homes with carpet areas of 726–810 sq ft, priced ₹2.22 Cr–₹2.47 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹30,600 per sq ft. MahaRERA proposed possession: Feb 2025.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Availability & Pricing

TypeCarpetPriceAvail
2 BHK726 ft²₹2.22 Cr—
2 BHK738 ft²₹2.26 Cr—
2½ BHK810 ft²₹2.47 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

Kasturi Milan floor plans

2
Kasturi Milan, Borivali West — floor plan 1Kasturi Milan, Borivali West — floor plan 2

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

About Kasturi Milan

Location

The address of Kasturi Milan is Opposite Suvarna Hospital, Kastur Park, Shimpoli Road, 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 P51800051982, issued on 13 July 2023. The registered promoter is H Rishabraj Realty. The filing lists 1 wing: Kasturi Milan over 8 floors. Per the registration, the architect on record is Abhijit J Udani and the project escrow account is with The Cosmos Co Operative Bank Ltd.

Homes and prices

The price list covers 2 BHK of 726–738 sq ft at ₹2.22 Cr–₹2.26 Cr; 2½ BHK of 810 sq ft at ₹2.47 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹30,500–₹30,600 per sq ft of carpet, in line with 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 80%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Feb 2025.

Developer track record

H. Rishabraj Builders and Developers has 3768 projects tracked on Mumbai Property Exchange, 3208 of them delivered (ready or sold out). Other projects by the same developer include Brahma, Arihanth Asalpha, DLH Business Bay.

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 9 specifically for 2 BHK homes.

Developer's description ▾
Kasturi Milan is a Residential Project Developed by the renowned Real Estate Developer H.Rishabraj. It is located at Borivali West. Jain Deshrasar, Temples, Hospitals, Gardens, Restaurants at walking Distance. The area is well-connected to other parts of Mumbai through various modes of transportation. The area is well-connected to other parts of Mumbai through various modes of transportation. Close proximity to Borivali Station. It is a 7 storey tower with 2 BHK Residences with jodi options for 2+2 BHK also available. Only one 2.5 BHK flat of 810 sq ft available for sale on 7th top floor. 11.3 feet Ceiling Height. Amenities include Gymnasium, Terrace Garden, Kids Play Area, Walking Track, Seating Area, Designer Entrance Lobby. Tentative possession by February 2024.

Price vs Locality

₹30,565
/sqft · Borivali West rate-band mid-point ₹40,000
24% 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 Kasturi Milan is the Borivali-Thane Tunnel, 1.6 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 Kasturi Milan
  • 🚇Borivali-Thane TunnelUnder construction · due 20281.6 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 ₹30,565/sqft — 3% below resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
2 BHK726–810 ft²₹2.22 Cr–₹2.48 Cr
3 BHK1,109 ft²₹3.39 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)
Feb 2025
Project status
New
MahaRERA No.
P51800051982
Data last updated
Sep 2026
Registered
2023-07-13
Escrow Bank
THE COSMOS CO OPERATIVE BANK LIMITED
Architect
Abhijit J Udani
Total FSI
1,798

Buildings · 1 wing

Kasturi Milan · 8 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation80%
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%
Sanitary Fittings within the flats / premises100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%
Podiums (if any)0%

Amenities

9
Electrical meter room, sub-station, r…Fire protection and fire safety requi…Landscaping & Tree PlantingOpen ParkingSewerage (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

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

More by H. Rishabraj Builders and Developers

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 Kasturi Milan located?

Kasturi Milan is on Opposite Suvarna Hospital, Kastur Park, Shimpoli Road, Borivali West, Mumbai 400092.

What is the price of Kasturi Milan?

2 BHK homes are priced ₹2.22 Cr–₹2.47 Cr as on 09 Jul 2026, about ₹30,600 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Kasturi Milan offer?

2 BHK – 726 sq ft carpet at ₹2.22 Cr; 2 BHK – 738 sq ft carpet at ₹2.26 Cr; 2½ BHK – 810 sq ft carpet at ₹2.47 Cr.

When is possession of Kasturi Milan?

As per MahaRERA, proposed possession is Feb 2025.

Is Kasturi Milan RERA-registered?

Yes — MahaRERA registration P51800051982, registered 2023-07-13.

How many units does Kasturi Milan have?

MahaRERA records 24 units across 9 buildings, up to 8 floors.

Who is the developer of Kasturi Milan?

H. Rishabraj Builders and Developers — 3768 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 Kasturi Milan?

Borivali-Thane Tunnel — under construction · due 2028, 1.6 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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