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Completed/historical project — current inventory unconfirmedMahaRERA P51800055091

Malad West · Mumbai

Rishab Laxmi

Mamletdarwadi Road No 2, Malad, Navy Colony, Mamledarwadi, Malad West · by Aditi Developers

Updated Sep 2026

33
Units
2027
Possession
1
Buildings
Certificate Signed
Status

A first look at Rishab Laxmi

Rishab Laxmi is a residential project by Aditi Developers on Mamletdarwadi Road No 2, Malad, Navy Colony, Mamledarwadi, Malad West, Mumbai 400064. It is registered with MahaRERA under P51800055091 (registered 2024-02-29). The project has 33 units across 1 building of up to 15 floors. It offers 1 & 2 BHK homes with carpet areas of 360–630 sq ft, priced ₹1.1 Cr–₹1.92 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹30,500 per sq ft. MahaRERA proposed possession: Apr 2027.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Availability & Pricing

TypeCarpetPriceAvail
1 BHK360 ft²₹1.1 Cr—
2 BHK630 ft²₹1.92 Cr—

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 WhatsApp

About Rishab Laxmi

Location

The address of Rishab Laxmi is Mamletdarwadi Road No 2, Malad, Navy Colony, Mamledarwadi, Malad West, Mumbai 400064, in the Mumbai Suburban district. Across 59 recent resale listings on MPE, homes in Malad West have a median asking rate of ₹28,225 per sq ft, and a 2 BHK typically rents for about ₹65,000 a month.

MahaRERA record

Rishab Laxmi is registered with MahaRERA under P51800055091, dated 29 February 2024. The filing lists 1 wing: RISHAB LAXMI with 33 units over 15 floors. According to MahaRERA, the architect on record is Somaiya and Associates and the project escrow account is with RBL Bank Ltd.

Homes and prices

The price list covers 1 BHK of 360 sq ft at ₹1.1 Cr; 2 BHK of 630 sq ft at ₹1.92 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹30,500–₹30,600 per sq ft of carpet, 8% above 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 60%, structure at 20%, finishing at 0%, services at 0%. Proposed possession is Apr 2027.

Buyer demand in Malad West

In the last 90 days, buyers and tenants registered 49 requirements for Malad West with Mumbai Property Exchange, 20 of them to buy and 19 specifically for 1 & 2 BHK homes.

Developer's description ▾
Rishab Laxmi is a under construction project located in Malad West, Mumbai. The project is 15 storeys tall. The project is currently under construction. RERA registered: P51800055091. Contact Mumbai Property Exchange for floor plans, pricing and site visits.

Price vs Locality

₹30,516
/sqft · Malad West rate-band mid-point ₹42,500
28% below mid-point

Upcoming projects & infrastructure in Malad West

take an informed decision

65 MahaRERA projects are due to hand over in Malad West between 2026 and 2030; the nearest upcoming infrastructure to Rishab Laxmi is the Goregaon-Mulund Link Road (GMLR), 3.2 km away (under construction · due 2028).

65
MahaRERA projects handing over in the next 5 years
in Malad West
₹33,600/sqft▲
typical asking price
rising this quarter
₹12,700/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Malad West by possession year
1
2026
12
2027
24
2028
20
2029
8
2030
Metro & infrastructure near Rishab Laxmi
  • 🚇Goregaon-Mulund Link Road (GMLR)Under construction · due 20283.2 km
📜 3,171 registered transactions (IGR) on record in Malad West, and we pull the latest registrations on request. Know what flats here actually transacted at before you negotiate — take an informed decision.
Ask for registered transactions ›
In the full Malad West report

🔒 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.

Malad West — resale, rent & yield

Resale
₹28,225/sqft
median · 59 listings
Rent
₹78.1/sqft/mo
2 BHK ~₹65,000/mo
Gross yield
3.3%/yr
rent vs resale value

This project is quoted around ₹30,516/sqft — 8% above resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
1 BHK360–395 ft²₹1.1 Cr–₹1.21 Cr
2 BHK460–643 ft²₹1.4 Cr–₹1.96 Cr
Existing Tenant360–861 ft²₹1.1 Cr–₹2.63 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)
Apr 2027
Project status
New
MahaRERA No.
P51800055091
Data last updated
Sep 2026
Registered
2024-02-29
Escrow Bank
RBL Bank Limited
Architect
Somaiya and Associates
Total FSI
2,362

Buildings · 1 wing

33 units
RISHAB LAXMI · 15 fl · 33 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation60%
Structure20%
Finishing0%
Services0%
See all 11 stages ▾
Excavation100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure20%
Basement (if any)0%
External plumbing and external plaster, elevation, completion of terr…0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…0%
Podiums (if any)0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …0%

Amenities

9
Kids Play AreaIndoor GamesJogging Track24x7 SecurityVideo Door PhonePower BackupModular KitchenConcealed Wiring
+1 more ▾
Concealed Plumbing

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

Malad West market context

Property Rates in Malad West

Residential · Sale
₹30,000–55,000/sqft
Commercial · Sale
₹30,000–40,000/sqft
2 BHK · Rent
₹55,000–105,000/mo

Resale Flats for Sale in Malad West

4

Flats for Rent in Malad West

3

Commercial for Sale in Malad West

3

Commercial for Lease in Malad West

3

Commercial Projects in Malad West

MahaRERA projects nearby in Malad 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 Rishab Laxmi located?

Rishab Laxmi is on Mamletdarwadi Road No 2, Malad, Navy Colony, Mamledarwadi, Malad West, Mumbai 400064.

What is the price of Rishab Laxmi?

1 & 2 BHK homes are priced ₹1.1 Cr–₹1.92 Cr as on 09 Jul 2026, about ₹30,500 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Rishab Laxmi offer?

1 BHK – 360 sq ft carpet at ₹1.1 Cr; 2 BHK – 630 sq ft carpet at ₹1.92 Cr.

When is possession of Rishab Laxmi?

As per MahaRERA, proposed possession is Apr 2027.

Is Rishab Laxmi RERA-registered?

Yes — MahaRERA registration P51800055091, registered 2024-02-29.

How many units does Rishab Laxmi have?

MahaRERA records 33 units across 19 buildings, up to 15 floors.

Who is the developer of Rishab Laxmi?

Aditi Developers — 1 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Malad West?

65 MahaRERA-registered projects in Malad West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Rishab Laxmi?

Goregaon-Mulund Link Road (GMLR) — under construction · due 2028, 3.2 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.

Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-09-28). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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