Chembur · Mumbai
Queens Avenue
Chembur · by Vaibhavlaxmi Developers (V LAXMI ESTATE DEVELOPERS PRIVATE LIMITED)
Updated Sep 2026
ChemburPhotos from the project record · tap to enlarge
A first look at Queens Avenue
Queens Avenue is a residential project by Vaibhavlaxmi Developers in Chembur, Mumbai 400071. It is registered with MahaRERA under P51800054458. The project has 171 units across 2 buildings of up to 17 floors. It offers 1 & 2 BHK homes with carpet areas of 401–574 sq ft, priced ₹1.15 Cr–₹1.75 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹28,600 per sq ft. MahaRERA proposed possession: Apr 2028.
Ask an advisor to verify current developer inventory and price.
Availability & Pricing
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 WhatsAppAbout Queens Avenue
Location
Queens Avenue is located in Chembur, Mumbai 400071, in the Mumbai Suburban district. Across 40 recent resale listings on MPE, homes in Chembur have a median asking rate of ₹40,000 per sq ft, and a 2 BHK typically rents for about ₹80,000 a month.
MahaRERA record
The MahaRERA registration number is P51800054458. The registered promoter is V Laxmi Estate Developers Private Limited. The filing lists 2 wings: Queens Avenue Wing A over 17 floors; Queens Avenue Wing B over 17 floors. Per the registration, the architect on record is Sachin Rakshe and the project escrow account is with AXIS BANK Ltd.
Homes and prices
Homes on offer are 1 BHK of 401 sq ft at ₹1.15 Cr; 2 BHK of 574 sq ft at ₹1.75 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹28,700–₹30,500 per sq ft of carpet, 24% 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 8%, structure at 0%, finishing at 0%, services at 0%. Proposed possession is Apr 2028.
Developer track record
Vaibhavlaxmi Developers has 15 projects tracked on Mumbai Property Exchange, 13 of them delivered (ready or sold out). Other projects by the same developer include Vira Aster, Codename A-One, Vira Sky Vista.
Buyer demand in Chembur
In the last 90 days, buyers and tenants registered 40 requirements for Chembur with Mumbai Property Exchange, 16 of them to buy and 17 specifically for 1 & 2 BHK homes.
Price vs Locality
Upcoming projects & infrastructure in Chembur
take an informed decision67 MahaRERA projects are due to hand over in Chembur between 2027 and 2031.
🔒 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.
Chembur — resale, rent & yield
This project is quoted around ₹28,600/sqft — 28% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Unit Configurations (per MahaRERA)
RERA record & possession
Buildings · 2 wings
Location
Construction progress
per MahaRERASee all 11 stages ▾
Amenities
18+10 more ▾
Talk to our MahaRERA advisor
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💬 Verify current project inventoryChembur market context
Property Rates in Chembur
Resale Flats for Sale in Chembur
4Flats for Rent in Chembur
4Commercial for Sale in Chembur
1Commercial Projects in Chembur
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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, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.
Frequently Asked Questions
Where is Queens Avenue located?
Queens Avenue is in Chembur, Mumbai 400071.
What is the price of Queens Avenue?
1 & 2 BHK homes are priced ₹1.15 Cr–₹1.75 Cr as on 09 Jul 2026, about ₹28,600 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Queens Avenue offer?
1 BHK – 401 sq ft carpet at ₹1.15 Cr; 2 BHK – 574 sq ft carpet at ₹1.75 Cr.
When is possession of Queens Avenue?
As per MahaRERA, proposed possession is Apr 2028.
Is Queens Avenue RERA-registered?
Yes — MahaRERA registration P51800054458.
How many units does Queens Avenue have?
MahaRERA records 171 units across 17 buildings, up to 17 floors.
Who is the developer of Queens Avenue?
Vaibhavlaxmi Developers (V LAXMI ESTATE DEVELOPERS PRIVATE LIMITED) — 15 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Chembur?
67 MahaRERA-registered projects in Chembur are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines 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.
