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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
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Ajmera Shikhar, Malad West
✓ MahaRERA P51800052488RERA: no litigation reported

Ajmera Shikhar

📍 Opp L.N. School, Narsing lane, Malad West, Mumbai Suburban · 400064
🕒 Last updated Sep 2026

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.

Availability & Pricing

TypeCarpetPriceAvail
1 BHK421 ft²₹1.02 Cr
1 BHK435 ft²₹1.05 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
254
Units
2030
Possession
2
Buildings
Certificate Signed
Status
Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

PB
Pooja Batra · Senior Advisor
Mumbai Property Exchange · MahaRERA-registered since 2017

Gallery

Ajmera Shikhar, Malad West — photo 1

Next steps

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 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

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. The current MahaRERA source record reports no litigations.

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, 14% below the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.

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, 33 of them delivered (ready or sold out).

Buyer demand in Malad West

In the last 90 days, buyers and tenants registered 38 requirements for Malad West with Mumbai Property Exchange, 17 of them to buy and 5 specifically for 1 BHK homes.

Price vs Locality

₹24,183
/sqft · Malad West rate-band mid-point ₹42,500
43% 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.

65
MahaRERA projects handing over in the next 5 years
in Malad West
₹34,200/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
11
2027
25
2028
20
2029
8
2030
📜 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 ₹24,183/sqft14% below resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
1 BHK387–435 ft²₹94 L–₹1.05 Cr
2 BHK587 ft²₹1.42 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)
Dec 2030
Project status
New
MahaRERA No.
P51800052488
Data last updated
Sep 2026
Registered
2023-09-08
Litigation
No reported in source
Escrow Bank
INDUSIND BANK
Architect
Sandeep Shah
Total FSI
9,425

Buildings · 2 wings

254 units
WING A · 23 fl · 127 u
WING B · 23 fl · 127 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
🏗️ Not started yet — all 11 MahaRERA construction stages are at 0%.
See all 11 stages ▾
Basement (if any)0%
Excavation0%
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%
Plinth0%
Podiums (if any)0%
Sanitary Fittings within the flats / premises0%
Slabs of Super Structure0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …0%
Stilt Floor0%

Amenities

14
Aggregate area of recreational Open SpaceElectrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingOpen ParkingSewerage (Chamber, Lines, Septic Tank…
+6 more ▾
Solid Waste Management And DisposalStorm Water DrainsStreet LightingTreatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvesting

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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

2

Commercial for Sale in Malad West

3

Commercial for Lease in Malad West

4

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

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. Prices are indicative and subject to reconfirmation with the developer.

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. The current MahaRERA source record reports no litigations.

How many units does Ajmera Shikhar have?

MahaRERA records 254 units across 5 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?

65 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.

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 2026-09-13). 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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