Nerul · Mumbai
Akshar Estonia
Nerul · by Akshar Developers (VAGAD BUILDERS AND DEVELOPERS PRIVATE LIMITED)
Updated Oct 2026
NerulPhotos from the project record · tap to enlarge
A first look at Akshar Estonia
Akshar Estonia is a residential project in Nerul, Mumbai 400702. It is registered with MahaRERA under P52000004543 (registered 2019-03-05). Akshar Estonia is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 355 units across 5 buildings of up to 18 floors. It offers 2, 3 & 4 BHK homes with carpet areas of 703–2,561 sq ft. MahaRERA proposed possession: Dec 2021, revised to Dec 2019.
Ask an advisor to check current resale or rental availability.
Unit configurations filed with MahaRERA (3)
Akshar Estonia floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Akshar Estonia
Location
The project is in Nerul, Mumbai 400702, in the Raigarh district.
MahaRERA record
Akshar Estonia is registered with MahaRERA under P52000004543, dated 5 March 2019. The registered promoter is Vagad Builders And Developers Private Limited. The filing lists 5 wings: A over 18 floors; B over 17 floors; C over 17 floors; D over 17 floors; SHOPS over 2 floors. According to MahaRERA, the architect on record is Dimensions Architect Private Limited and the project escrow account is with HDFC Bank.
Homes and prices
The price list covers 2 BHK of 703–716 sq ft at ₹2 Cr–₹2.05 Cr; 3 BHK of 1,139–1,186 sq ft at ₹3.25 Cr–₹3.32 Cr; 4 BHK of 2,256–2,561 sq ft at ₹6 Cr–₹6.84 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹26,600–₹28,600 per sq ft of carpet. Prices are indicative and should be reconfirmed with the developer before booking.
Construction and possession
The latest MahaRERA progress report shows foundation at 100%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Dec 2021, revised to Dec 2019.
Developer track record
Akshar Developers has 25 projects tracked on Mumbai Property Exchange, 20 of them delivered (ready or sold out).
Buyer demand in Nerul
In the last 90 days, buyers and tenants registered 6 requirements for Nerul with Mumbai Property Exchange, 2 of them to buy and 3 specifically for 2, 3 & 4 BHK homes.
Nerul market
prices, rents & ratesPrice vs locality
Property rates in Nerul
Upcoming projects & infrastructure in Nerul
take an informed decision51 MahaRERA projects are due to hand over in Nerul between 2026 and 2030.
- 🌉MTHL / Atal SetuOpened 20242.0 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Nerul, 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 · 5 wings
Location
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: 3 BHK · 1186 sq ft at ₹3.32 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% (₹2.49 Cr here), released stage by stage, so your own money is about ₹83.0 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 ₹2.16 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
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💬 Ask about resale or rental optionsResale Flats for Sale in Nerul
2
Commercial for Sale in Nerul
1
Commercial Projects in Nerul
MahaRERA projects nearby in Nerul
Frequently Asked Questions
Where is Akshar Estonia located?
Akshar Estonia is in Nerul, Mumbai 400702.
What is the price of Akshar Estonia?
Akshar Estonia is sold out by the developer; ask MPE for resale or rental flats in this building.
What configurations and carpet areas does Akshar Estonia offer?
2 BHK – 703 sq ft carpet; 2 BHK – 716 sq ft carpet; 3 BHK – 1,139 sq ft carpet; 3 BHK – 1,186 sq ft carpet; 4 BHK – 2,256 sq ft carpet; 4 BHK – 2,561 sq ft carpet.
When is possession of Akshar Estonia?
As per MahaRERA, proposed possession is Dec 2021, revised to Dec 2019.
Is Akshar Estonia RERA-registered?
Yes — MahaRERA registration P52000004543, registered 2019-03-05.
How many units does Akshar Estonia have?
MahaRERA records 355 units across 3 buildings, up to 18 floors.
Who is the developer of Akshar Estonia?
Akshar Developers (VAGAD BUILDERS AND DEVELOPERS PRIVATE LIMITED) — 25 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Nerul?
51 MahaRERA-registered projects in Nerul are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Akshar Estonia?
MTHL / Atal Setu — opened 2024, 2.0 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.
