Borivali West · Mumbai
Rashmi Square
Borivali West · by Modis Navnirman
Updated Sep 2026
Borivali WestPhotos from the project record · tap to enlarge
A first look at Rashmi Square
Rashmi Square is a residential project by Modis Navnirman in Borivali West, Mumbai 400091. It is registered with MahaRERA under P51800054722 (registered 2024-04-03). The project has 142 units across 2 buildings of up to 21 floors. It offers 2 & 3 BHK homes with carpet areas of 648–774 sq ft, priced ₹2.05 Cr–₹2.45 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹31,600 per sq ft. MahaRERA proposed possession: Sep 2027.
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 Rashmi Square
Location
The project is in Borivali West, Mumbai 400091, 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
Rashmi Square is registered with MahaRERA under P51800054722, dated 3 April 2024. The registered promoter is Modi's Navnirman Limited. The filing lists 2 wings: A WING with 77 units over 21 floors; B WING with 65 units over 21 floors. According to MahaRERA, the architect on record is SANJAY B SHAH and the project escrow account is with Kotak Mahindra Bank Ltd.
Homes and prices
Homes on offer are 2 BHK of 648–699 sq ft at ₹2.05 Cr–₹2.21 Cr; 3 BHK of 774 sq ft at ₹2.45 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹31,600–₹31,700 per sq ft of carpet, in line with 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 90%, finishing at 50%, services at 82%. Proposed possession is Sep 2027.
Developer track record
Modis Navnirman has 4 projects tracked on Mumbai Property Exchange.
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 18 specifically for 2 & 3 BHK homes.
Price vs Locality
Upcoming projects & infrastructure in Borivali West
take an informed decision104 MahaRERA projects are due to hand over in Borivali West between 2026 and 2030; the nearest upcoming infrastructure to Rashmi Square is the Borivali-Thane Tunnel, 2.0 km away (under construction · due 2028).
Supply is not evenly spread — one year carries about a third of it.
- 🚇Borivali-Thane TunnelUnder construction · due 20282.0 km
- 🚇Line 9 Red (Mira-Bhayandar)Opened 20263.5 km
🔒 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.
Borivali West — resale, rent & yield
This project is quoted around ₹31,635/sqft — 1% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Unit Configurations (per MahaRERA)
RERA record & possession
Buildings · 2 wings
142 unitsLocation
Construction progress
per MahaRERASee all 11 stages ▾
Amenities
22+14 more ▾
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💬 Verify current project inventoryBorivali West market context
Property Rates in Borivali West
Resale Flats for Sale in Borivali West
4
Flats for Rent in Borivali West
4
Commercial for Sale in Borivali West
2
Commercial for Lease in Borivali West
3
Commercial Projects in Borivali West
Compare Rashmi Square with similarly priced projects nearby
MahaRERA projects nearby in Borivali 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 Rashmi Square located?
Rashmi Square is in Borivali West, Mumbai 400091.
What is the price of Rashmi Square?
2 & 3 BHK homes are priced ₹2.05 Cr–₹2.45 Cr as on 09 Jul 2026, about ₹31,600 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Rashmi Square offer?
2 BHK – 648 sq ft carpet at ₹2.05 Cr; 2 BHK – 699 sq ft carpet at ₹2.21 Cr; 3 BHK – 774 sq ft carpet at ₹2.45 Cr.
When is possession of Rashmi Square?
As per MahaRERA, proposed possession is Sep 2027.
Is Rashmi Square RERA-registered?
Yes — MahaRERA registration P51800054722, registered 2024-04-03.
How many units does Rashmi Square have?
MahaRERA records 142 units across 18 buildings, up to 21 floors.
Who is the developer of Rashmi Square?
Modis Navnirman — 4 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 Rashmi Square?
Borivali-Thane Tunnel — under construction · due 2028, 2.0 km away; Line 9 Red (Mira-Bhayandar) — opened 2026, 3.5 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.
