Malad West · Mumbai
Ajmera Shikhar
Opp L.N. School, Narsing lane, Malad West · by Ajmera Group (Vishal Construction)
Registered project name
Building No 2 Ajmera ShikharUpdated Oct 2026
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The story at a glance
At a glance
swipe →A first look at Ajmera Shikhar
Ajmera Shikhar is a residential project on Opp L.N. School, Narsing lane, Malad West, Mumbai 400064. It is registered with MahaRERA under P51800052488 (registered 2023-09-08). The project has 254 units across 2 buildings of up to 23 floors. It offers 1 BHK homes with carpet areas of 421–435 sq ft, priced ₹1.02 Cr–₹1.05 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹24,200 per sq ft. MahaRERA proposed possession: Dec 2030.
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 (2)
Our view on Ajmera Shikhar
Mumbai Property Exchange advisoryAjmera Shikhar by Ajmera Group in Malad West is quoted at about ₹24,200 per sq ft of carpet, with possession per MahaRERA due Dec 2030. That is about 26% below what resale homes in Malad West ask (about ₹32,500).
Who it suits
Buyers who are happy to wait until 2030 for a new Ajmera Group home in Malad West. A rate below area resale makes it worth a close look.
The price, in context
Among the Malad West new launches in the table below, it is number 4 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 Dec 2030, the floor and view of the unit, and parking. Our team checks these with the developer for you.
Malad West new launches, by quoted rate
| Project | Rate / sq ft | Possession |
|---|---|---|
| Royal Lagoon | ₹24,800 | Apr 2027 |
| Raheja Exotica Siena | ₹24,300 | Apr 2029 |
| Aurish Ilaria | ₹24,300 | Feb 2028 |
| Ajmera Shikhar | ₹24,200 | Dec 2030 |
| Sheetal Usha and Nisha | ₹24,000 | Aug 2027 |
| Polo Matrix Jaydeep | ₹23,800 | Apr 2027 |
Quoted rates as recorded by Mumbai Property Exchange, Oct 2026; possession dates per MahaRERA where filed. Indicative — confirm with our team.
About Ajmera Shikhar
Location
Ajmera Shikhar is located on Opp L.N. School, Narsing lane, Malad West (Mumbai 400064), in the Mumbai Suburban district. Across 571 recent resale listings on MPE, homes in Malad West have a median asking rate of ₹32,200 per sq ft, and a 2 BHK typically rents for about ₹65,000 a month.
MahaRERA record
The MahaRERA registration number is P51800052488, issued on 8 September 2023. The registered promoter is Vishal Construction. The filing lists 2 wings: WING A with 127 units over 23 floors; WING B with 127 units over 23 floors. Per the registration, the architect on record is Sandeep Shah and the project escrow account is with Indusind Bank.
Homes and prices
Configurations recorded are 1 BHK of 421–435 sq ft at ₹1.02 Cr–₹1.05 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹24,100–₹24,200 per sq ft of carpet, 25% 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
MahaRERA progress reports show construction has not started yet on any of the 11 tracked stages. Proposed possession is Dec 2030.
Developer track record
Ajmera Group has 44 projects tracked on Mumbai Property Exchange, 34 of them delivered (ready or sold out).
Buyer demand in Malad West
In the last 90 days, buyers and tenants registered 68 requirements for Malad West with Mumbai Property Exchange, 29 of them to buy and 9 specifically for 1 BHK homes.
Malad West market
prices, rents & ratesPrice vs locality
Malad West — resale, rent & yield
This project is quoted around ₹24,183/sqft — 25% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Malad West
Upcoming projects & infrastructure in Malad West
take an informed decision104 MahaRERA projects are due to hand over in Malad West between 2026 and 2030.
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Malad 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 · 2 wings
254 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: 1 BHK · 435 sq ft at ₹1.05 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% (₹78.8 L here), released stage by stage, so your own money is about ₹26.2 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 ₹68,300/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
14+6 more ▾
Members' 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.
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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 Malad West
4
Flats for Rent in Malad West
4
Commercial for Sale in Malad West
1
Commercial for Lease in Malad West
2
Commercial Projects in Malad West
Compare Building No 2 Ajmera Shikhar with similarly priced projects nearby
MahaRERA projects nearby in Malad West
Frequently Asked Questions
Is Ajmera Shikhar good value compared with other Malad West homes?
It is quoted at about ₹24,200 per sq ft, about 26% below the Malad West resale median of about ₹32,500. Prices are indicative; our team can confirm the latest.
Where is Ajmera Shikhar located?
Ajmera Shikhar is on Opp L.N. School, Narsing lane, Malad West, Mumbai 400064.
What is the price of Ajmera Shikhar?
1 BHK homes are priced ₹1.02 Cr–₹1.05 Cr as on 09 Jul 2026, about ₹24,200 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 Ajmera Shikhar offer?
1 BHK – 421 sq ft carpet at ₹1.02 Cr; 1 BHK – 435 sq ft carpet at ₹1.05 Cr.
When is possession of Ajmera Shikhar?
As per MahaRERA, proposed possession is Dec 2030.
Is Ajmera Shikhar RERA-registered?
Yes — MahaRERA registration P51800052488, registered 2023-09-08.
How many units does Ajmera Shikhar have?
MahaRERA records 254 units across 2 buildings, up to 23 floors.
Who is the developer of Ajmera Shikhar?
Ajmera Group (Vishal Construction) — 44 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Malad West?
104 MahaRERA-registered projects in Malad West are due for possession between 2026 and 2030, 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.
