Vile Parle West · Mumbai
Shriniketan
Vile Parle West · by Arham Realty
Updated Oct 2026
🗺 View on map · schools, metro & distancesVile Parle WestPhotos from the project record · tap to enlarge
Project card by Mumbai Property Exchange · tap to open and share
The story at a glance
At a glance
swipe →- Line 2B Yellow1.1 km
- Line 3 Aqua2.7 km
- Versova-Bandra Sea Link2.9 km
A first look at Shriniketan
Shriniketan is a residential project by Arham Realty in Vile Parle West, Mumbai 400056. It is registered with MahaRERA under P51800055099 (registered 2024-02-29). The project has 30 units across 1 building of up to 12 floors. It offers 2 & 3 BHK homes with carpet areas of 637–870 sq ft, priced ₹2.8 Cr–₹3.82 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹44,000 per sq ft. MahaRERA proposed possession: Apr 2027.
Ask an advisor to verify current developer inventory and price.
Availability & Pricing
Last price update: 09 Jul 2026. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them. We can come back to you with the latest price.
💬 Ask for the latest priceAreas filed by the developer in MahaRERA (3)
Our view on Shriniketan
Mumbai Property Exchange advisoryShriniketan by Arham Realty in Vile Parle West is quoted at about ₹44,000 per sq ft of carpet, with possession per MahaRERA due Apr 2027. That is about 6% below what resale homes in Vile Parle West ask (about ₹47,000).
Who it suits
Buyers who want a new home in Vile Parle West soon — possession is due in Apr 2027. A rate below area resale makes it worth a close look.
The price, in context
Among the Vile Parle West new launches in the table below, it is number 5 of 6 by quoted rate. New launches usually ask a premium over resale for a new building and amenities; this one asks less than resale, so check why.
What we would check before you commit
The latest price list, the payment plan against possession in Apr 2027, the floor and view of the unit, and parking. Our team checks these with the developer for you.
Vile Parle West new launches, by quoted rate
| Project | Rate / sq ft | Possession |
|---|---|---|
| Vivan Homes | ₹48,200 | Apr 2027 |
| Shamiana | ₹46,700 | Mar 2027 |
| Shagun Residency | ₹45,400 | Sep 2027 |
| Gautam Dhan | ₹45,000 | Jan 2029 |
| Shriniketan | ₹44,000 | Apr 2027 |
| Ajmera Shringaar | ₹40,000 | Dec 2026 |
Quoted rates as recorded by Mumbai Property Exchange, Oct 2026; possession dates per MahaRERA where filed. Indicative — confirm with our team.
About Shriniketan
Location
Shriniketan is located in Vile Parle West, Mumbai 400056, in the Mumbai Suburban district. Across 32 recent resale listings on MPE, homes in Vile Parle West have a median asking rate of ₹47,500 per sq ft.
MahaRERA record
The MahaRERA registration number is P51800055099, issued on 29 February 2024. The filing lists 1 wing: SHRINIKETAN with 30 units over 12 floors. Per the registration, the architect on record is ASHIM KHATRI and the project escrow account is with ICICI Bank Ltd.
Homes and prices
Homes on offer are 2 BHK of 637–730 sq ft at ₹2.8 Cr–₹3.21 Cr; 3 BHK of 870 sq ft at ₹3.82 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹43,900–₹44,000 per sq ft of carpet, 7% below the locality's resale median. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them.
Construction and possession
The latest MahaRERA progress report shows foundation at 40%, structure at 42%, finishing at 0%, services at 21%. Proposed possession is Apr 2027.
Developer track record
Arham Realty has 7 projects tracked on Mumbai Property Exchange, 6 of them delivered (ready or sold out).
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, 4 of them to buy and 5 specifically for 2 & 3 BHK homes.
Vile Parle West market
prices, rents & ratesPrice vs locality
Vile Parle West — resale, rent & yield
This project is quoted around ₹43,956/sqft — 7% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Vile Parle West
Upcoming projects & infrastructure in Vile Parle West
take an informed decision21 MahaRERA projects are due to hand over in Vile Parle West between 2026 and 2030; the nearest upcoming infrastructure to Shriniketan is the Versova-Bandra Sea Link, 2.9 km away (under construction · due 2028).
- 🚇Line 2B YellowOpened 20261.1 km
- 🚇Line 3 AquaOpened 20252.7 km
- 🌉Versova-Bandra Sea LinkUnder construction · due 20282.9 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Vile Parle West, 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
30 unitsLocation
Neighbourhood around Shriniketan
Shriniketan in Vile Parle West is 1.1 km from MIDC metro station, 0.6 km from Vile Parle railway station, 0.2 km from Chatrabhuj Narsee Monjee School and 0.3 km from Khandwala Eye Hospital and Polyclinic.
- Ⓜ Metro stationMIDC1.1 km
- Ⓜ Metro stationAirport Colony Station1.3 km
- 🚉 Railway stationVile Parle0.6 km
- 🏫 SchoolChatrabhuj Narsee Monjee School0.2 km
- 🏫 SchoolParle Tilak Vidyalaya (ICSC Board)0.6 km
- 🏥 HospitalKhandwala Eye Hospital and Polyclinic0.3 km
- 🏥 HospitalKLS Memorial Hospital0.3 km
- 🎓 CollegeNarsee Monjee College of Commerce0.5 km
- 🌳 ParkVallabhai park0.7 km
Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →
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: 2 BHK · 730 sq ft at ₹3.21 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% (₹2.41 Cr here), released stage by stage, so your own money is about ₹80.2 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹2.09 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 declared to MahaRERA
8Members' lens
The developer's full amenity list, views and home features
From the builder's brochure and the homes we have listed here. The list above is what was declared to MahaRERA.
Members only · one-time WhatsApp code · no spam
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 Vile Parle West
4
Flats for Rent in Vile Parle West
3
Commercial for Sale in Vile Parle West
1
Commercial for Lease in Vile Parle West
2
Commercial Projects in Vile Parle West
Compare Shriniketan with similarly priced projects nearby
MahaRERA projects nearby in Vile Parle West
Frequently Asked Questions
Is Shriniketan good value compared with other Vile Parle West homes?
It is quoted at about ₹44,000 per sq ft, about 6% below the Vile Parle West resale median of about ₹47,000. Prices are indicative; our team can confirm the latest.
Where is Shriniketan located?
Shriniketan is in Vile Parle West, Mumbai 400056.
What is the price of Shriniketan?
2 & 3 BHK homes are priced ₹2.8 Cr–₹3.82 Cr as on 09 Jul 2026, about ₹44,000 per sq ft. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them.
What configurations and carpet areas does Shriniketan offer?
2 BHK – 637 sq ft carpet at ₹2.8 Cr; 2 BHK – 730 sq ft carpet at ₹3.21 Cr; 3 BHK – 870 sq ft carpet at ₹3.82 Cr.
When is possession of Shriniketan?
As per MahaRERA, proposed possession is Apr 2027.
Is Shriniketan RERA-registered?
Yes — MahaRERA registration P51800055099, registered 2024-02-29.
How many units does Shriniketan have?
MahaRERA records 30 units across 1 building, up to 12 floors.
Who is the developer of Shriniketan?
Arham Realty — 7 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Vile Parle West?
21 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 Shriniketan?
Line 2B Yellow — opened 2026, 1.1 km away; Line 3 Aqua — opened 2025, 2.7 km away; Versova-Bandra Sea Link — under construction · due 2028, 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.
How far is Shriniketan from the nearest metro and railway station?
Shriniketan is about 1.1 km from MIDC metro station and 0.6 km from Vile Parle railway station (straight-line distance; road distance is longer).
