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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 P51700005005

Nerul · Mumbai

Laxmi Icon

Near Palm Beach Road, Nerul · by Laxmi Group (Aniruddha Builders And Developers)

Updated Sep 2026

92
Units
2018
Possession
1
Buildings
Certificate Signed
Status

A first look at Laxmi Icon

Laxmi Icon is a residential project on Near Palm Beach Road, Nerul, Mumbai 400615. It is registered with MahaRERA under P51700005005 (registered 2017-08-09). The project has 92 units across 1 building of up to 18 floors. It offers 2 & 3 BHK homes with carpet areas of 770–1,050 sq ft. MahaRERA proposed possession: Dec 2018.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Availability & Pricing

TypeCarpetPriceAvail
2 BHK770 ft²On request
3 BHK1050 ft²On request

Prices not recently confirmed. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp

Laxmi Icon floor plans

2
Laxmi Icon, Nerul — floor plan 1Laxmi Icon, Nerul — floor plan 2

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

About Laxmi Icon

Location

Laxmi Icon stands on Near Palm Beach Road in Nerul, Mumbai 400615, in the Thane district. Across 5 recent resale listings on MPE, homes in Nerul have a median asking rate of ₹41,666 per sq ft, and a 2 BHK typically rents for about ₹75,000 a month.

MahaRERA record

The MahaRERA registration number is P51700005005, issued on 9 August 2017. The registered promoter is Aniruddha Builders And Developers. The filing lists 1 wing: LAXMI ICON over 18 floors. Per the registration, the architect on record is Triarch Desin Studio and the project escrow account is with HDFC Bank.

Homes and prices

Homes on offer are 2 BHK of 770 sq ft; 3 BHK of 1,050 sq ft (carpet area). Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 100%, structure at 100%, finishing at 92%, services at 98%. Proposed possession is Dec 2018.

Developer track record

Laxmi Group has 69 projects tracked on Mumbai Property Exchange, 60 of them delivered (ready or sold out).

Developer's description ▾
Laxmi Icon is a 11 storied Ready Possession Project and the location is Near Palm Beach Road., Nerul and is developed by Laxmi Group. Laxmi Icon was launched in Feb 2013Laxmi Icon is RERA approved has the Registration Number bearing P51700005005. Laxmi Icon is tagged as Investors Delight / Self Use / RERA Approved. Amenities like Club House Swimming Pool High speed elevators Landscaped garden Power Backup Vitrified flooring Concealed Wiring Aluminium Sliding Windows Intercom/CCTV Granite Platform Kid's play area Indoor Games Concealed Plumbing POP finished walls are planned to be provided in Laxmi Icon.

Upcoming projects & infrastructure in Nerul

take an informed decision

27 MahaRERA projects are due to hand over in Nerul between 2026 and 2030; the nearest upcoming infrastructure to Laxmi Icon is the Mumbai-Delhi Expressway (Vadodara link), 1.9 km away (under construction · due 2028).

27
MahaRERA projects handing over in the next 5 years
in Nerul
₹25,700/sqft
typical asking price
steady this quarter
New projects in Nerul by possession year
2
2026
1
2027
5
2028
10
2029
9
2030

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

Metro & infrastructure near Laxmi Icon
  • 🛣️Mumbai-Delhi Expressway (Vadodara link)Under construction · due 20281.9 km
  • 🚇Line 8 Gold (Airport Express)Under construction · due 20302.1 km
In the full Nerul 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.

Nerul — resale, rent & yield

Resale
₹41,666/sqft
median · 5 listings
Rent
₹305.2/sqft/mo
2 BHK ~₹75,000/mo
Gross yield
8.8%/yr
rent vs resale value

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
2 BHK539–544 ft²On request
3 BHK736 ft²On request
Shop250–757 ft²On request
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 2018
Possession (revised)
Dec 2018
MahaRERA No.
P51700005005
Data last updated
Sep 2026
Registered
2017-08-09
Escrow Bank
HDFC BANK
Architect
Triarch Desin Studio
Total FSI
4,430

Buildings · 1 wing

LAXMI ICON · 18 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation100%
Structure100%
Finishing92%
Services98%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Podiums (if any)100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…95%
Sanitary Fittings within the flats / premises75%

Amenities

9
Aggregate area of recreational Open SpaceElectrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Landscaping & Tree PlantingOpen ParkingSewerage (Chamber, Lines, Septic Tank…Water 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

Nerul market context

Property Rates in Nerul

Residential · Sale
₹20,000–40,000/sqft
Commercial · Sale
₹10,000–35,000/sqft
2 BHK · Rent
₹45,000–100,000/mo

Resale Flats for Sale in Nerul

3

Flats for Rent in Nerul

1

Commercial for Sale in Nerul

1

Commercial Projects in Nerul

MahaRERA projects nearby in Nerul

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 Laxmi Icon located?

Laxmi Icon is on Near Palm Beach Road, Nerul, Mumbai 400615.

What configurations and carpet areas does Laxmi Icon offer?

2 BHK – 770 sq ft carpet; 3 BHK – 1,050 sq ft carpet.

When is possession of Laxmi Icon?

As per MahaRERA, proposed possession is Dec 2018.

Is Laxmi Icon RERA-registered?

Yes — MahaRERA registration P51700005005, registered 2017-08-09.

How many units does Laxmi Icon have?

MahaRERA records 92 units across 1 building, up to 18 floors.

Who is the developer of Laxmi Icon?

Laxmi Group (Aniruddha Builders And Developers) — 69 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Nerul?

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

What metro and infrastructure is near Laxmi Icon?

Mumbai-Delhi Expressway (Vadodara link) — under construction · due 2028, 1.9 km away; Line 8 Gold (Airport Express) — under construction · due 2030, 2.1 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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