Borivali West · Mumbai
Akshaya Residency
3Baburao Paranjape Marg, Opp. Mahishamardini Temple, Borivali West · by NHI Developers LLP
Registered project name
Akshaya And Jayshree RedevelopmentUpdated Oct 2026
Borivali WestPhotos from the project record · tap to enlarge
At a glance
swipe →- Borivali-Thane Tunnel2.0 km
- Line 9 Red (Mira-Bhayandar)3.3 km
A first look at Akshaya Residency
Akshaya Residency is a residential project by NHI Developers LLP on 3Baburao Paranjape Marg, Opp. Mahishamardini Temple, Borivali West, Mumbai 400092. It is registered with MahaRERA under P51800049511 (registered 2023-02-15). The project has 217 units across 2 buildings of up to 23 floors. It offers 1, 2 & 3 BHK homes with carpet areas of 454–781 sq ft, priced ₹1.6 Cr–₹2.76 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹35,300 per sq ft. MahaRERA proposed possession: Dec 2026.
Ask an advisor to verify current developer inventory and price.
Availability & Pricing
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 WhatsAppUnit configurations filed with MahaRERA (4)
Property listings in Akshaya Residency
About Akshaya Residency
Location
Akshaya Residency is located on 3Baburao Paranjape Marg, Opp. Mahishamardini Temple, Borivali West (Mumbai 400092), in the Mumbai Suburban district. Across 107 recent resale listings on MPE, homes in Borivali West have a median asking rate of ₹34,300 per sq ft.
MahaRERA record
The MahaRERA registration number is P51800049511, issued on 15 February 2023. The filing lists 2 wings: AKSHAYA COMMERCIAL COMPLEX with 7 units over 6 floors; AKSHAYA RESIDENCY A-B with 210 units over 23 floors. Per the registration, the architect on record is ANIL SHIRGAONKAR and the project escrow account is with Axis Bank.
Homes and prices
Configurations recorded are 1 BHK of 454 sq ft at ₹1.6 Cr; 2 BHK of 714 sq ft at ₹2.52 Cr; 3 BHK of 781 sq ft at ₹2.76 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹35,200–₹35,300 per sq ft of carpet, 3% above 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 83%, structure at 100%, finishing at 75%, services at 67%. Proposed possession is Dec 2026.
Buyer demand in Borivali West
In the last 90 days, buyers and tenants registered 55 requirements for Borivali West with Mumbai Property Exchange, 24 of them to buy and 28 specifically for 1, 2 & 3 BHK homes.
Borivali West market
prices, rents & ratesPrice vs locality
Borivali West — resale, rent & yield
This project is quoted around ₹35,292/sqft — 3% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Borivali West
Upcoming projects & infrastructure in Borivali West
take an informed decision168 MahaRERA projects are due to hand over in Borivali West between 2026 and 2030; the nearest upcoming infrastructure to Akshaya Residency is the Borivali-Thane Tunnel, 2.0 km away (under construction · due 2028).
- 🚇Borivali-Thane TunnelUnder construction · due 20282.0 km
- 🚇Line 9 Red (Mira-Bhayandar)Opened 20263.3 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Borivali 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
217 unitsLocation
Construction progress
per MahaRERASee all 14 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 · 714 sq ft at ₹2.52 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% (₹1.89 Cr here), released stage by stage, so your own money is about ₹63.0 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 ₹1.64 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
10+2 more ▾
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 Borivali West
3
Flats for Rent in Borivali West
2
Commercial for Sale in Borivali West
1
Commercial for Lease in Borivali West
1
Commercial Projects in Borivali West
Compare AKSHAYA AND JAYSHREE REDEVELOPMENT with similarly priced projects nearby
MahaRERA projects nearby in Borivali West
Frequently Asked Questions
Where is Akshaya Residency located?
Akshaya Residency is on 3Baburao Paranjape Marg, Opp. Mahishamardini Temple, Borivali West, Mumbai 400092.
What is the price of Akshaya Residency?
1, 2 & 3 BHK homes are priced ₹1.6 Cr–₹2.76 Cr as on 09 Jul 2026, about ₹35,300 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Akshaya Residency offer?
1 BHK – 454 sq ft carpet at ₹1.6 Cr; 2 BHK – 714 sq ft carpet at ₹2.52 Cr; 3 BHK – 781 sq ft carpet at ₹2.76 Cr.
When is possession of Akshaya Residency?
As per MahaRERA, proposed possession is Dec 2026.
Is Akshaya Residency RERA-registered?
Yes — MahaRERA registration P51800049511, registered 2023-02-15.
How many units does Akshaya Residency have?
MahaRERA records 217 units across 28 buildings, up to 23 floors.
Who is the developer of Akshaya Residency?
NHI Developers LLP — 1 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Borivali West?
168 MahaRERA-registered projects in Borivali West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Akshaya Residency?
Borivali-Thane Tunnel — under construction · due 2028, 2.0 km away; Line 9 Red (Mira-Bhayandar) — opened 2026, 3.3 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.
