Borivali East · Mumbai
Rashmi Manorath
Borivali East · by Modis Navnirman
Updated Oct 2026
Borivali EastPhotos from the project record · tap to enlarge
The story at a glance
A first look at Rashmi Manorath
Rashmi Manorath is a residential project by Modis Navnirman in Borivali East, Mumbai 400066. It is registered with MahaRERA under P51800078598 (registered 2026-01-29). The project has 87 units across 1 building of up to 19 floors. It offers 1, 2, 3 & 4 BHK homes with carpet areas of 427–1,812 sq ft, priced ₹1.4 Cr–₹5.94 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹32,800 per sq ft. MahaRERA proposed possession: Dec 2027.
Ask an advisor to verify the current project and inventory status.
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 WhatsAppUnit configurations filed with MahaRERA (5)
About Rashmi Manorath
Location
Rashmi Manorath is located in Borivali East, Mumbai 400066, in the Mumbai Suburban district. Across 367 recent resale listings on MPE, homes in Borivali East have a median asking rate of ₹36,300 per sq ft, and a 2 BHK typically rents for about ₹65,000 a month.
MahaRERA record
The MahaRERA registration number is P51800078598, issued on 29 January 2026. The registered promoter is Modi's Navnirman Limited. The filing lists 1 wing: RASHMI MANORATH with 87 units over 19 floors. Per the registration, the architect on record is SPACE VISION.
Homes and prices
Homes on offer are 1 BHK of 427 sq ft at ₹1.4 Cr; 2 BHK of 914 sq ft at ₹3 Cr; 3 BHK of 1,322 sq ft at ₹4.33 Cr; 4 BHK of 1,812 sq ft at ₹5.94 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹32,800 per sq ft of carpet, 10% 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 78%, structure at 68%, finishing at 18%, services at 46%. Proposed possession is Dec 2027.
Developer track record
Modis Navnirman has 4 projects tracked on Mumbai Property Exchange.
Buyer demand in Borivali East
In the last 90 days, buyers and tenants registered 26 requirements for Borivali East with Mumbai Property Exchange, 13 of them to buy and 14 specifically for 1, 2, 3 & 4 BHK homes.
Developer's description ▾
Borivali East market
prices, rents & ratesPrice vs locality
Borivali East — resale, rent & yield
This project is quoted around ₹32,786/sqft — 10% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Borivali East
Upcoming projects & infrastructure in Borivali East
take an informed decision73 MahaRERA projects are due to hand over in Borivali East between 2026 and 2030; the nearest upcoming infrastructure to Rashmi Manorath is the Borivali-Thane Tunnel, 1.0 km away (under construction · due 2028).
- 🚇Borivali-Thane TunnelUnder construction · due 20281.0 km
- 🚇Line 9 Red (Mira-Bhayandar)Opened 20263.4 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Borivali East, 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.
RERA record & possession
Buildings · 1 wing
87 unitsLocation
Construction progress
per MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis 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: 3 BHK · 1322 sq ft at ₹4.33 Cr (the price recorded above).
- ○ Plinth complete45% paid by then
- ○ Slabs complete70% paid by then
- ○ Walls, plaster & flooring75% paid by then
- ○ Sanitary fittings80% paid by then
- ○ Staircases, lift wells & lobbies85% paid by then
- ○ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹3.25 Cr here), released stage by stage, so your own money is about ₹1.08 Cr plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹2.82 L/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 advisorAmenities
11+3 more ▾
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 Borivali East
4
Flats for Rent in Borivali East
4
Commercial for Lease in Borivali East
1
Commercial Projects in Borivali East
MahaRERA projects nearby in Borivali East
Frequently Asked Questions
Where is Rashmi Manorath located?
Rashmi Manorath is in Borivali East, Mumbai 400066.
What is the price of Rashmi Manorath?
1, 2, 3 & 4 BHK homes are priced ₹1.4 Cr–₹5.94 Cr as on 09 Jul 2026, about ₹32,800 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Rashmi Manorath offer?
1 BHK – 427 sq ft carpet at ₹1.4 Cr; 2 BHK – 914 sq ft carpet at ₹3 Cr; 3 BHK – 1,322 sq ft carpet at ₹4.33 Cr; 4 BHK – 1,812 sq ft carpet at ₹5.94 Cr.
When is possession of Rashmi Manorath?
As per MahaRERA, proposed possession is Dec 2027.
Is Rashmi Manorath RERA-registered?
Yes — MahaRERA registration P51800078598, registered 2026-01-29.
How many units does Rashmi Manorath have?
MahaRERA records 87 units across 14 buildings, up to 19 floors.
Who is the developer of Rashmi Manorath?
Modis Navnirman — 4 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Borivali East?
73 MahaRERA-registered projects in Borivali East are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Rashmi Manorath?
Borivali-Thane Tunnel — under construction · due 2028, 1.0 km away; Line 9 Red (Mira-Bhayandar) — opened 2026, 3.4 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.
