Vile Parle West · Mumbai
Shagun Residency
Vile Parle West · by Shagun Construction
Updated Sep 2026
Vile Parle WestPhotos from the project record · tap to enlarge
A first look at Shagun Residency
Shagun Residency is a residential project in Vile Parle West, Mumbai 400058. It is registered with MahaRERA under P51800052339 (registered 2023-08-14). The project has 42 units across 1 building of up to 15 floors. It offers 2 & 3 BHK homes with carpet areas of 727–968 sq ft, priced ₹3.35 Cr–₹4.33 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹45,400 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 Shagun Residency
Location
The project is in Vile Parle West, Mumbai 400058, in the Mumbai Suburban district. Across 23 recent resale listings on MPE, homes in Vile Parle West have a median asking rate of ₹45,991 per sq ft, and a 2 BHK typically rents for about ₹1.1 Lac a month.
MahaRERA record
Shagun Residency is registered with MahaRERA under P51800052339, dated 14 August 2023. The filing lists 1 wing: SHAGUN RESIDENCY with 42 units over 15 floors. According to MahaRERA, the architect on record is ASHISH R SOLANKI and the project escrow account is with Kotak Mahindra Bank Ltd.
Homes and prices
The price list covers 2 BHK of 727 sq ft at ₹3.35 Cr; 3 BHK of 968 sq ft at ₹4.33 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹44,700–₹46,100 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 85%, finishing at 52%, services at 45%. Proposed possession is Sep 2027.
Developer track record
Shagun Construction has 10 projects tracked on Mumbai Property Exchange, 7 of them delivered (ready or sold out). Other projects by the same developer include Insignia, Shagun White Mist, White Nest.
Buyer demand in Vile Parle West
In the last 90 days, buyers and tenants registered 10 requirements for Vile Parle West with Mumbai Property Exchange, 2 of them to buy and 7 specifically for 2 & 3 BHK homes.
Price vs Locality
Upcoming projects & infrastructure in Vile Parle West
take an informed decision13 MahaRERA projects are due to hand over in Vile Parle West between 2026 and 2030; the nearest upcoming infrastructure to Shagun Residency is the Versova-Bandra Sea Link, 2.6 km away (under construction · due 2028).
Supply is not evenly spread — one year carries about a third of it.
- 🚇Line 2B YellowOpened 20261.3 km
- 🌉Versova-Bandra Sea LinkUnder construction · due 20282.6 km
- 🚇Line 3 AquaOpened 20252.9 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.
Vile Parle West — resale, rent & yield
This project is quoted around ₹45,406/sqft — 1% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Unit Configurations (per MahaRERA)
RERA record & possession
Buildings · 1 wing
42 unitsLocation
Construction progress
per MahaRERASee all 11 stages ▾
Amenities
18+10 more ▾
Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Verify current project inventoryVile Parle West market context
Property Rates in Vile Parle West
Resale Flats for Sale in Vile Parle West
4
Flats for Rent in Vile Parle West
4
Commercial for Sale in Vile Parle West
1
Commercial for Lease in Vile Parle West
1
Commercial Projects in Vile Parle West
More by Shagun Construction
Compare Shagun Residency with similarly priced projects nearby
MahaRERA projects nearby in Vile Parle 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 Shagun Residency located?
Shagun Residency is in Vile Parle West, Mumbai 400058.
What is the price of Shagun Residency?
2 & 3 BHK homes are priced ₹3.35 Cr–₹4.33 Cr as on 09 Jul 2026, about ₹45,400 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Shagun Residency offer?
2 BHK – 727 sq ft carpet at ₹3.35 Cr; 3 BHK – 968 sq ft carpet at ₹4.33 Cr.
When is possession of Shagun Residency?
As per MahaRERA, proposed possession is Sep 2027.
Is Shagun Residency RERA-registered?
Yes — MahaRERA registration P51800052339, registered 2023-08-14.
How many units does Shagun Residency have?
MahaRERA records 42 units across 7 buildings, up to 15 floors.
Who is the developer of Shagun Residency?
Shagun Construction — 10 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Vile Parle West?
13 MahaRERA-registered projects in Vile Parle West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Shagun Residency?
Line 2B Yellow — opened 2026, 1.3 km away; Versova-Bandra Sea Link — under construction · due 2028, 2.6 km away; Line 3 Aqua — opened 2025, 2.9 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.
