Bandra East · Mumbai
Address 51
Bandra East · by Vaibhavlaxmi Developers (V LAXMI EKTA DEVELOPERS LLP)
Updated Sep 2026
Bandra EastPhotos from the project record · tap to enlarge
A first look at Address 51
Address 51 is a residential project by Vaibhavlaxmi Developers in Bandra East, Mumbai 400051. It is registered with MahaRERA under P51900035076. Address 51 is sold out by the developer — resale flats here are listed from ₹3.05 Cr. The project has 174 units across 2 buildings of up to 25 floors. It offers 1 & 2 BHK homes with carpet areas of 411–618 sq ft. MahaRERA proposed possession: Dec 2025.
1 for sale in this building right now, listed below.
Unit configurations filed with MahaRERA (2)
Property listings in Address 51
Address 51 floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Address 51
Location
The project is in Bandra East, Mumbai 400051, in the Mumbai Suburban district. Across 59 recent resale listings on MPE, homes in Bandra East have a median asking rate of ₹46,656 per sq ft, and a 2 BHK typically rents for about ₹1.3 Lac a month.
MahaRERA record
Address 51 is registered with MahaRERA under P51900035076. The registered promoter is V Laxmi Ekta Developers LLP. The filing lists 2 wings: WING A with 87 units over 25 floors; WING B with 87 units over 25 floors. According to MahaRERA, the architect on record is MAYUREE CONSULTANTS and the project escrow account is with HDFC Bank.
Homes and prices
The price list covers 1 BHK of 411–442 sq ft at ₹1.45 Cr–₹1.85 Cr; 2 BHK of 585–618 sq ft at ₹2.4 Cr–₹2.65 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹35,300–₹42,900 per sq ft of carpet, 10% below 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 10%, structure at 0%, finishing at 0%, services at 0%. Proposed possession is Dec 2025.
Developer track record
Vaibhavlaxmi Developers has 15 projects tracked on Mumbai Property Exchange, 13 of them delivered (ready or sold out). Other projects by the same developer include Avira Sai Shreeji CHSL, Vira Aster, Codename A-One.
Buyer demand in Bandra East
In the last 90 days, buyers and tenants registered 18 requirements for Bandra East with Mumbai Property Exchange, 7 of them to buy and 10 specifically for 1 & 2 BHK homes.
Developer's description ▾
Bandra East market
prices, rents & ratesPrice vs locality
Bandra East — resale, rent & yield
This project is quoted around ₹40,260/sqft — 14% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Bandra East
Upcoming projects & infrastructure in Bandra East
take an informed decision17 MahaRERA projects are due to hand over in Bandra East between 2027 and 2031.
Supply is not evenly spread — one year carries almost half of it.
🔒 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.
RERA record & possession
Buildings · 2 wings
174 unitsLocation
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 · 585 sq ft at ₹2.40 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% (₹1.80 Cr here), released stage by stage, so your own money is about ₹60.0 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 ₹1.56 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
6Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Ask about resale or rental optionsResale Flats for Sale in Bandra East
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Flats for Rent in Bandra East
4
Commercial for Sale in Bandra East
2
Commercial for Lease in Bandra East
2Commercial Projects in Bandra East
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Frequently Asked Questions
Where is Address 51 located?
Address 51 is in Bandra East, Mumbai 400051.
What is the price of Address 51?
Address 51 is sold out by the developer — resale flats here are listed from ₹3.05 Cr. These are current asking prices from live listings on MPE.
What configurations and carpet areas does Address 51 offer?
1 BHK – 411 sq ft carpet; 1 BHK – 442 sq ft carpet; 2 BHK – 585 sq ft carpet; 2 BHK – 618 sq ft carpet.
When is possession of Address 51?
As per MahaRERA, proposed possession is Dec 2025.
Is Address 51 RERA-registered?
Yes — MahaRERA registration P51900035076.
How many units does Address 51 have?
MahaRERA records 174 units across 10 buildings, up to 25 floors.
Who is the developer of Address 51?
Vaibhavlaxmi Developers (V LAXMI EKTA DEVELOPERS LLP) — 15 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Bandra East?
17 MahaRERA-registered projects in Bandra East are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines 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.
