Completed/historical project — current inventory unconfirmedMahaRERA P51800053601

Borivali West · Mumbai

Lakshman

Borivali West · by PCPL (Pranav Constructions Limited)

Registered project name

Redevelopment Of Lakshman Tower Chsl

Updated Sep 2026

Borivali WestPhotos from the project record · tap to enlarge

Units

2027

Possession

Buildings

Certificate Signed

Status

A first look at Lakshman

Lakshman is a residential project by PCPL in Borivali West, Mumbai 400092. It is registered with MahaRERA under P51800053601 (registered 2024-08-20). The project has 50 units across 1 building of up to 14 floors. It offers 1, 2 & 3 BHK homes. The quoted rate is about ₹29,500 per sq ft. MahaRERA proposed possession: Mar 2027.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Other wings & phases: Redevelopment Of Borivali Shivdarshan Chsl · Redevelopment Of Popular Terrace Chsl

Lakshman floor plans

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

About Lakshman

Location

The project is in 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

Lakshman is registered with MahaRERA under P51800053601, dated 20 August 2024. The registered promoter is Pranav Constructions Limited. The filing lists 1 wing: LAKSHMAN TOWER with 50 units over 14 floors. According to MahaRERA, the architect on record is RASIK P HINGOO & ASSOCIATES and the project escrow account is with HDFC Bank.

Construction and possession

The latest MahaRERA progress report shows foundation at 60%, structure at 100%, finishing at 67%, services at 98%. Proposed possession is Mar 2027.

Developer track record

PCPL has 39 projects tracked on Mumbai Property Exchange, 23 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 23 specifically for 1, 2 & 3 BHK homes.

Developer's description ▾

The property listing includes various features for the kitchen, such as storage units pre-laminated with suede finish, a standard sink, and storage with plywood in laminate with a gloss finish and granite top, along with a standard sink and chimney. In the bedrooms, there are swing wardrobes with and without lofts, all laminated with a suede or gloss finish, and a queen-sized bed. The living room boasts ceiling lights, wallpaper, gypsum false ceiling, room designer lights, and a 2-seater sofa with a center table. Additionally, amenities offered in the Laxman Building include sports facilities, kids' play areas, yoga areas, jogging/cycle tracks, power backup, treated water supply, 24/7 water supply, lifts, 24 x 7 security, a normal park/central green, and indoor games for leisure.

Price vs Locality

₹29,500

/sqft · Borivali West rate-band mid-point ₹40,000

26% below mid-point

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 Lakshman is the Borivali-Thane Tunnel, 2.1 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 Lakshman

🚇Borivali-Thane TunnelUnder construction · due 20282.1 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

This project is quoted around ₹29,500/sqft — 6% below resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price

1 BHK Rehab423–426 ft²₹1.25 Cr–₹1.26 Cr

2 BHK Rehab548–677 ft²₹1.62 Cr–₹2 Cr

2 BHK676–677 ft²₹1.99 Cr–₹2 Cr

3 BHK789–944 ft²₹2.33 Cr–₹2.78 Cr

3 BHK Rehab785–944 ft²₹2.32 Cr–₹2.78 Cr

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)

Mar 2027

Project status

New

MahaRERA No.

P51800053601

Data last updated

Sep 2026

Registered

2024-08-20

Escrow Bank

HDFC BANK

Architect

RASIK P HINGOO & ASSOCIATES

Total FSI

3,519

Buildings · 1 wing

50 units

LAKSHMAN TOWER · 14 fl · 50 u

Location

📍 Lakshman, Borivali West

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA

81%average

Foundation60%

Structure100%

Finishing67%

Services98%

See all 11 stages ▾

Excavation100%

Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%

Plinth100%

Slabs of Super Structure100%

Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%

Stilt Floor100%

External plumbing and external plaster, elevation, completion of terr…95%

Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…95%

Sanitary Fittings within the flats / premises5%

Basement (if any)0%

Podiums (if any)0%

Amenities

Aggregate area of recreational Open SpaceElectrical meter room, sub-station, r…Fire protection and fire safety requi…Open ParkingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water DrainsWater Supply

+1 more ▾

Water 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.

💬 Ask about resale or rental options

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 Lakshman located?

Lakshman is in Borivali West, Mumbai 400092.

When is possession of Lakshman?

As per MahaRERA, proposed possession is Mar 2027.

Is Lakshman RERA-registered?

Yes — MahaRERA registration P51800053601, registered 2024-08-20.

How many units does Lakshman have?

MahaRERA records 50 units across 23 buildings, up to 14 floors.

Who is the developer of Lakshman?

PCPL (Pranav Constructions Limited) — 39 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 Lakshman?

Borivali-Thane Tunnel — under construction · due 2028, 2.1 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 Lakshman

Lakshman floor plans

About Lakshman

Location

MahaRERA record

Construction and possession

Developer track record

Buyer demand in Borivali West

Price vs Locality

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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