Primary inventory not currently confirmedMahaRERA P51800077671

Borivali West · Mumbai

Modispaces Nile

Kastur Park Shimpoli Road, Borivali West · by Modi Spaces (Modispaces Real Estate Pvt. Ltd.)

Updated Sep 2026

Borivali WestPhotos from the project record · tap to enlarge

Units

2028

Possession

Buildings

Certificate Signed

Status

A first look at Modispaces Nile

Modispaces Nile is a residential project on Kastur Park Shimpoli Road, Borivali West, Mumbai 400092. It is registered with MahaRERA under P51800077671 (registered 2024-10-21). The project has 13 units across 1 building of up to 12 floors. It offers 1 BHK homes. MahaRERA proposed possession: Jan 2028.

Primary inventory not currently confirmed.

Ask an advisor whether primary inventory is currently available.

About Modispaces Nile

Location

The address of Modispaces Nile is 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 P51800077671, issued on 21 October 2024. The registered promoter is Modispaces Real Estate Pvt. Ltd.. The filing lists 1 wing: MODISPACES NILE with 13 units over 12 floors. Per the registration, the architect on record is CHOGLE & ASSOCIATES and the project escrow account is with ICICI Bank Ltd.

Construction and possession

The latest MahaRERA progress report shows foundation at 60%, structure at 100%, finishing at 20%, services at 60%. Proposed possession is Jan 2028.

Developer track record

Modi Spaces has 26 projects tracked on Mumbai Property Exchange, 15 of them delivered (ready or sold out).

Buyer demand in Borivali West

In the last 90 days, buyers and tenants registered 42 requirements for Borivali West with Mumbai Property Exchange, 17 of them to buy and 5 specifically for 1 BHK homes.

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 Modispaces Nile 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

2026

2027

2028

2029

2030

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

Metro & infrastructure near Modispaces Nile

🚇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

💬 Get the detailed report on WhatsApp 📞 Talk to us

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

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price

1 RK433 ft²On request

1 BHK567–604 ft²On request

Existing Member433–885 ft²On request

Business Office902 ft²On request

Shop1,244 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)

Jan 2028

Project status

New

MahaRERA No.

P51800077671

Data last updated

Sep 2026

Registered

2024-10-21

Escrow Bank

ICICI BANK LIMITED

Architect

CHOGLE & ASSOCIATES

Total FSI

3,307

Buildings · 1 wing

13 units

MODISPACES NILE · 12 fl · 13 u

Location

📍 Modispaces Nile, Borivali West

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA

60%average

Foundation60%

Structure100%

Finishing20%

Services60%

See all 11 stages ▾

Excavation100%

Plinth100%

Slabs of Super Structure100%

Stilt Floor100%

Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…60%

Internal walls, Intemal Plaster, Floorings, Floors and windows within…60%

Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …60%

Basement (if any)0%

External plumbing and external plaster, elevation, completion of terr…0%

Podiums (if any)0%

Sanitary Fittings within the flats / premises0%

Amenities

Electrical meter room, sub-station, r…Fire protection and fire safety requi…Landscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water DrainsWater SupplyWater 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.

💬 Verify current project inventory

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

Full rates

Property Rates ▸

Next steps — clarity before you step out

📄 Request e-brochure & floor plansShared on WhatsApp once you tell us your requirement 📅 Book a site visitPick a day — an MPE advisor accompanies you 🎥 Book a video walkthroughIn association with the developer: a briefing and full video walkthrough with their sales team on Google Meet, Teams or WhatsApp video — hosted by an MPE advisor, so you have clarity before you step out of the house

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 Modispaces Nile located?

Modispaces Nile is on Kastur Park Shimpoli Road, Borivali West, Mumbai 400092.

When is possession of Modispaces Nile?

As per MahaRERA, proposed possession is Jan 2028.

Is Modispaces Nile RERA-registered?

Yes — MahaRERA registration P51800077671, registered 2024-10-21.

How many units does Modispaces Nile have?

MahaRERA records 13 units across 5 buildings, up to 12 floors.

Who is the developer of Modispaces Nile?

Modi Spaces (Modispaces Real Estate Pvt. Ltd.) — 26 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 Modispaces Nile?

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.

A first look at Modispaces Nile

About Modispaces Nile

Location

MahaRERA record

Construction and possession

Developer track record

Buyer demand in Borivali West

Upcoming projects & infrastructure in Borivali West

Borivali West — resale, rent & yield

Unit Configurations (per MahaRERA)

RERA record & possession

Buildings · 1 wing

Location

Construction progress

Amenities

Talk to our MahaRERA advisor

Borivali West market context

Property Rates in Borivali West

Resale Flats for Sale in Borivali West

Flats for Rent in Borivali West

Commercial for Sale in Borivali West

Commercial for Lease in Borivali West

Commercial Projects in Borivali West

MahaRERA projects nearby in Borivali West

Next steps — clarity before you step out

Frequently Asked Questions

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