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

Updated Oct 2026

Pokhran Road No-2, Thane West
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What we know about Mahavir Spring - Tulip, and homes like it in Thane West with prices — sent to your WhatsApp by an MPE advisor.

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Mumbai Property Exchange · MahaRERA agent A51800043517 · advising buyers since 1995. Your number is used to respond to your enquiry.

A first look at Mahavir Spring - Tulip

Mahavir Spring - Tulip Phase 1 is a residential project by Damji Shamji Shah and Co on Pokhran Road No-2, Thane West, Mumbai 400610. It is registered with MahaRERA under P51700022994 (registered 2023-08-21). The project has 405 units across 1 building of up to 46 floors. It offers 1, 2 & 3 BHK homes with carpet areas of 540–946 sq ft, priced ₹77 Lakh–₹1.59 Cr as on 09 Jul 2026 (indicative). MahaRERA proposed possession: Dec 2025.

Lifecycle requires verification.

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

Part of Mahavir Springs, Thane West

Other wings & phases: Mahavir Spring -Daffodils-P3

Mahavir Spring - Tulip price list

Approximate figures, to help you understand what a home here would cost. Not a quote — the developer confirms the final price.

Some projects run developer payment schemes — such as 20:80 or subvention plans, flexi payment or launch offers — that change what you pay and when. Ask us which schemes apply →

Price
Stamp duty, 6%
GST, 5% (under construction)
Registration₹30,000
Builder chargessociety formation, share money, membership, legal, clubhouse, advance maintenance, property taxExtra
Total before builder charges
a month on a 20-year home loan at 8.5%

Last price update: 09 Jul 2026. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them. We can come back to you with the latest price.

Stamp duty, GST and loan figures are estimates for planning, not an offer. All other charges levied by the developer — society formation, share money and membership, legal charges, clubhouse and amenities, advance (ad hoc) maintenance, property taxes and similar — are extra.

Ask for the latest price
Areas filed by the developer in MahaRERA (4)
ConfigurationCarpet
1 BHK471–491 ft²
2 BHK619–651 ft²
3 BHK872 ft²
5 BHK Amp Amp1,125 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

Mahavir Spring - Tulip floor plans

2
Mahavir Spring - Tulip, Thane West — floor plan 1Mahavir Spring - Tulip, Thane West — floor plan 2

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

About Mahavir Spring - Tulip

Location

Mahavir Spring - Tulip Phase 1 stands on Pokhran Road No-2 in Thane West, Mumbai 400610. Across 2889 recent resale listings on MPE, homes in Thane West have a median asking rate of ₹21,400 per sq ft, and a 2 BHK typically rents for about ₹55,000 a month.

MahaRERA record

The MahaRERA registration number is P51700022994, issued on 21 August 2023. The registered promoter is Vinayak Developers. The filing lists 1 wing: Tulip with 405 units over 46 floors. Per the registration, the architect on record is Anil Hassanand Jagwani and the project escrow account is with ICICI Bank Ltd.

Homes and prices

Homes on offer are 1 BHK of 540 sq ft at ₹77 Lakh; 2 BHK of 685 sq ft at ₹1.02 Cr; 3 BHK of 946 sq ft at ₹1.59 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹14,300–₹16,800 per sq ft of carpet, 30% below the locality's resale median. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them.

Construction and possession

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

Developer track record

Damji Shamji Shah and Co has 27 projects tracked on Mumbai Property Exchange, 26 of them delivered (ready or sold out). Other projects by the same developer include Mahavir Springs.

Buyer demand in Thane West

In the last 90 days, buyers and tenants registered 111 requirements for Thane West with Mumbai Property Exchange, 56 of them to buy and 68 specifically for 1, 2 & 3 BHK homes.

Developer's description ▾
Mahavir Springs is a Residential Project Developed by the Damji Shamji Shah and Co. It is located at Thane West. The location provides easy access towards Powai, BKC, Airport within 35 - 45 minutes. 7 minutes from Ghdobunder Road, and Eastern Express Highway. 39 minutes from Thane - Belapur Road. Close proximity to the upcoming and social infrastructure. It is a 25 storey tower offering 2 and 3 bHK Residences along with 2+2 BHK Jodi 1423 CA and 2+3 BHK Jodi 1707 CA. Exclusive 2 BHK with Deck & 3 BHK with Deck apartments. 3.25 Acres of freehold Land parcel. Luxury Development. 50+ Lifestyle amenities. 10'4" Floor to Floor Height. Yeoor Hills & Upvan Lake Views.

Thane West market

prices, rents & rates

Thane West — resale, rent & yield

Resale
₹21,400/sqft
median · 2889 listings
Rent
₹68.4/sqft/mo
2 BHK ~₹55,000/mo
Gross yield
3.8%/yr
rent vs resale value

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

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

Upcoming projects & infrastructure in Thane West

take an informed decision

432 MahaRERA projects are due to hand over in Thane West between 2026 and 2030; the nearest upcoming infrastructure to Mahavir Spring - Tulip Phase 1 is the Borivali-Thane Tunnel, 0.1 km away (under construction · due 2028).

432
MahaRERA projects handing over in the next 5 years
in Thane West
₹22,400/sqft▼
typical asking price
easing this quarter
₹15,000/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 Thane West by possession year
38
2026
121
2027
124
2028
89
2029
60
2030
Metro & infrastructure near Mahavir Spring - Tulip
  • 🚇Borivali-Thane TunnelUnder construction · due 20280.1 km
  • 🚇Line 4 GreenUnder construction · due 20271.2 km
  • 🚇Line 5 OrangeUnder construction · due 20273.3 km
📜 5,365 registered transactions (IGR) on record in Thane West. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Thane West prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Thane 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.

Mahavir Spring - Tulip MahaRERA number and possession date

Possession (proposed)
Dec 2025
Project status
New
MahaRERA No.
P51700022994
Data last updated
Oct 2026
Registered
2023-08-21
Escrow Bank
ICICI BANK LIMITED
Architect
Anil Hassanand Jagwani
Total FSI
37,174

Mahavir Spring - Tulip towers and phases

1 wing · 405 units
Mahavir Spring - Tulip · 46 fl · 405 u

Mahavir Spring - Tulip address and location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Neighbourhood around Mahavir Spring - Tulip

Mahavir Spring - Tulip in Thane West is 0.2 km from Neelkanth Terminal metro station, 0.5 km from Vasant Vihar High School & Junior College and 0.2 km from Bethany Hospital.

  • Ⓜ Metro stationNeelkanth Terminal0.2 km
  • Ⓜ Metro stationGhandi Nagar0.7 km
  • 🏫 SchoolVasant Vihar High School & Junior College0.5 km
  • 🏫 SchoolLittle Flower High School0.5 km
  • 🏥 HospitalBethany Hospital0.2 km
  • 🏥 HospitalPrachi Hospital0.6 km
  • 🎓 CollegeUniversity of Mumbai Thane Sub-Campus2.8 km
  • 🛍 MallWonderMall1.7 km
  • 🌳 ParkSurya Garden0.3 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%

What you pay, and when

an example

This is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.

In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.

Example: 2 BHK · 685 sq ft at ₹1.02 Cr (the price recorded above).

Due soon after booking~₹96.9 L95%, stages already done
Balance till possession~₹5.1 Las the last stages finish
Stamp duty + GST~₹6.1 L + ₹5.1 L6% + 5%, plus ~₹30,000 registration
  1. ✓ Plinth complete45% paid by then
  2. ✓ Slabs complete70% paid by then
  3. ✓ Walls, plaster & flooring75% paid by then
  4. ✓ Sanitary fittings80% paid by then
  5. ✓ Staircases, lift wells & lobbies85% paid by then
  6. ✓ Lifts, pumps, plumbing & elevation95% paid by then
  7. ○ Possession100%

With a home loan: banks usually fund up to 75% (₹76.5 L here), released stage by stage, so your own money is about ₹25.5 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹66,400/month (8.5%, 20 years).

Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.

💬 Talk through the numbers with an MPE advisor

Amenities declared to MahaRERA

12
Aggregate area of recreational Open SpaceElectrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And Disposal
+4 more ▾
Storm Water DrainsStreet LightingWater SupplyWater conservation /Rain water harvesting

Members' lens

The developer's full amenity list, views and home features

From the builder's brochure and the homes we have listed here. The list above is what was declared to MahaRERA.

22 brochure amenities
Sign in free to see them

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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 Thane West

4

Flats for Rent in Thane West

4

Commercial for Sale in Thane West

1

Commercial for Lease in Thane West

2

Commercial Projects in Thane West

More by Damji Shamji Shah and Co (Vinayak Developers)

More by Damji Shamji Shah and Co (Vinayak Developers) →

MahaRERA projects nearby in Thane West

Frequently Asked Questions

Where is Mahavir Spring - Tulip Phase 1 located?

Mahavir Spring - Tulip Phase 1 is on Pokhran Road No-2, Thane West, Mumbai 400610.

What is the price of Mahavir Spring - Tulip Phase 1?

1, 2 & 3 BHK homes are priced ₹77 Lakh–₹1.59 Cr as on 09 Jul 2026. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them.

What configurations and carpet areas does Mahavir Spring - Tulip Phase 1 offer?

1 BHK – 540 sq ft carpet at ₹77 Lakh; 2 BHK – 685 sq ft carpet at ₹1.02 Cr; 3 BHK – 946 sq ft carpet at ₹1.59 Cr.

When is possession of Mahavir Spring - Tulip Phase 1?

As per MahaRERA, proposed possession is Dec 2025.

Is Mahavir Spring - Tulip Phase 1 RERA-registered?

Yes — MahaRERA registration P51700022994, registered 2023-08-21.

How many units does Mahavir Spring - Tulip Phase 1 have?

MahaRERA records 405 units across 1 building, up to 46 floors.

Who is the developer of Mahavir Spring - Tulip Phase 1?

Damji Shamji Shah and Co (Vinayak Developers) — 27 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Thane West?

432 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 Spring - Tulip Phase 1?

Borivali-Thane Tunnel — under construction · due 2028, 0.1 km away; Line 4 Green — under construction · due 2027, 1.2 km away; Line 5 Orange — under construction · due 2027, 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.

How far is Mahavir Spring - Tulip from the nearest metro and railway station?

Mahavir Spring - Tulip is about 0.2 km from Neelkanth Terminal metro 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 2026-10-08). 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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