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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Resale and rental stock live in this buildingMahaRERA P51700018330

Thane West · Mumbai

Mahavir Estella

Owala Naka, Mogharpada village Road, GB Road, Thane (W), Thane West · by Damji Shamji Shah and Co (Cityscape Construction Company)

Updated Sep 2026

39
Units
2021
Possession
1
Buildings
Certificate Signed
Status

A first look at Mahavir Estella

Mahavir Estella is a residential project by Damji Shamji Shah and Co on Owala Naka, Mogharpada village Road, GB Road, Thane (W), Thane West, Mumbai 400615. It is registered with MahaRERA under P51700018330 (registered 2020-06-23). The project has 39 units across 1 building of up to 8 floors. It offers 1, 2 & 3 BHK homes with carpet areas of 432–536 sq ft, priced ₹54 Lac–₹67 Lac as on 09 Jul 2026 (indicative). The quoted rate is about ₹12,500 per sq ft. MahaRERA proposed possession: Jan 2021.

Resale and rental stock live in this building.

3 for sale in this building right now, listed below.

Other wings & phases: Mahavir Estella - Wing A And B

Availability & Pricing

TypeCarpetPriceAvail
1 BHK432 ft²₹54 Lac
2 BHK509 ft²₹63.62 Lac
3 BHK536 ft²₹67 Lac

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

Available now in Mahavir Estella

3 for sale · 0 for rent · our live listings, dated and reconfirmed on WhatsApp

For sale

Mahavir Estella floor plans

2
Mahavir Estella, Thane West — floor plan 1Mahavir Estella, Thane West — floor plan 2

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

About Mahavir Estella

Location

Mahavir Estella is located on Owala Naka, Mogharpada village Road, GB Road, Thane (W), Thane West (Mumbai 400615). Across 41 recent resale listings on MPE, homes in Thane West have a median asking rate of ₹21,800 per sq ft, and a 2 BHK typically rents for about ₹60,000 a month.

MahaRERA record

The MahaRERA registration number is P51700018330, issued on 23 June 2020. The registered promoter is Cityscape Construction Company. The filing lists 1 wing: Wing E over 8 floors. Per the registration, the architect on record is Anil Hassanand Jagwani and the project escrow account is with HDFC Bank.

Homes and prices

Configurations recorded are 1 BHK of 432 sq ft at ₹54 Lac; 2 BHK of 509 sq ft at ₹63.62 Lac; 3 BHK of 536 sq ft at ₹67 Lac (carpet area), as on 09 Jul 2026. That works out to about ₹12,500 per sq ft of carpet, 43% 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 80%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Jan 2021.

Developer track record

Damji Shamji Shah and Co has 28 projects tracked on Mumbai Property Exchange, 27 of them delivered (ready or sold out).

Buyer demand in Thane West

In the last 90 days, buyers and tenants registered 30 requirements for Thane West with Mumbai Property Exchange, 10 of them to buy and 13 specifically for 1, 2 & 3 BHK homes.

Developer's description ▾
Mahavir Estella is a Residential Project Developed by Damji Shamji Shah and Co. Mahavir Estella enjoys a convenient location with close proximity to social infrastructure, ensuring easy access to essential amenities and services. Thane West, the location of Mahavir Estella, is a desirable area known for its connectivity and proximity to social infrastructure. Residents will enjoy easy access to schools, hospitals, shopping centers, and other essential facilities. It is a 7 storey tower with 1 and 2 BHK Residences. Has all internal and external features. Ready to move in.

Price vs Locality

₹12,500
/sqft · Thane West rate-band mid-point ₹30,000
58% below mid-point

Upcoming projects & infrastructure in Thane West

take an informed decision

189 MahaRERA projects are due to hand over in Thane West between 2026 and 2030; the nearest upcoming infrastructure to Mahavir Estella is the Line 10 Green, 3.0 km away (under construction · due 2027).

189
MahaRERA projects handing over in the next 5 years
in Thane West
₹22,700/sqft
typical asking price
rising this quarter
₹16,100/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Thane West by possession year
10
2026
30
2027
61
2028
56
2029
32
2030
Metro & infrastructure near Mahavir Estella
  • 🚇Line 10 GreenUnder construction · due 20273.0 km
  • 🛣️Virar-Alibaug Multimodal CorridorApproved3.3 km
📜 5,365 registered transactions (IGR) on record in Thane West, 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 Thane 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.

Thane West — resale, rent & yield

Resale
₹21,800/sqft
median · 41 listings
Rent
₹99.9/sqft/mo
2 BHK ~₹60,000/mo
Gross yield
5.5%/yr
rent vs resale value

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
Shop142–189 ft²₹18 L–₹24 L
1 RK247 ft²₹31 L
1 BHK432–434 ft²₹54 L–₹54 L
2 BHK509–536 ft²₹64 L–₹67 L
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)
Jan 2021
Project status
New
MahaRERA No.
P51700018330
Data last updated
Sep 2026
Registered
2020-06-23
Escrow Bank
HDFC BANK
Architect
Anil Hassanand Jagwani
Total FSI
1,346

Buildings · 1 wing

Mahavir Estella - Wing E · 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

5
Swimming PoolHealth ClubModern ElevatorsConcealed WiringPOP Walls

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

Thane West market context

Property Rates in Thane West

Residential · Sale
₹15,000–45,000/sqft
Commercial · Sale
₹15,000–45,000/sqft
2 BHK · Rent
₹45,000–100,000/mo

Resale Flats for Sale in Thane West

4

Flats for Rent in Thane West

4

Commercial for Sale in Thane West

1

Commercial for Lease in Thane West

1

Commercial Projects in Thane West

MahaRERA projects nearby in Thane 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 Mahavir Estella located?

Mahavir Estella is on Owala Naka, Mogharpada village Road, GB Road, Thane (W), Thane West, Mumbai 400615.

What is the price of Mahavir Estella?

1, 2 & 3 BHK homes are priced ₹54 Lac–₹67 Lac as on 09 Jul 2026, about ₹12,500 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Mahavir Estella offer?

1 BHK – 432 sq ft carpet at ₹54 Lac; 2 BHK – 509 sq ft carpet at ₹63.62 Lac; 3 BHK – 536 sq ft carpet at ₹67 Lac.

When is possession of Mahavir Estella?

As per MahaRERA, proposed possession is Jan 2021.

Is Mahavir Estella RERA-registered?

Yes — MahaRERA registration P51700018330, registered 2020-06-23.

How many units does Mahavir Estella have?

MahaRERA records 39 units across 13 buildings, up to 8 floors.

Who is the developer of Mahavir Estella?

Damji Shamji Shah and Co (Cityscape Construction Company) — 28 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Thane West?

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

What metro and infrastructure is near Mahavir Estella?

Line 10 Green — under construction · due 2027, 3.0 km away; Virar-Alibaug Multimodal Corridor — approved, 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 2026-09-13). 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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