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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
SOLD OUTCompleted/historical project — current inventory unconfirmedMahaRERA P51800049920

Jogeshwari · Mumbai

Ashtavinayak Apartments

Jogeshwari · by Nicco (Shiv Shruti Developers LLP)

Updated Oct 2026

173
Units
2026
Possession
2
Buildings
Certificate Signed
Status
SOLD OUT
Ashtavinayak Apartments is sold out by the developer.We can check resale and rental flats in this building for you.
See resale & lease in this building →

A first look at Ashtavinayak Apartments

Ashtavinayak Apartments is a residential project by Nicco in Jogeshwari, Mumbai 400060. It is registered with MahaRERA under P51800049920 (registered 2023-07-16). Ashtavinayak Apartments is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 173 units across 2 buildings of up to 24 floors. It offers 1 BHK homes with carpet areas of 428–469 sq ft. MahaRERA proposed possession: Oct 2026.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Unit configurations filed with MahaRERA (1)
ConfigurationCarpetIndicative Price
1 BHK317–469 ft²₹79 L–₹1.17 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

Ashtavinayak Apartments floor plans

2
Ashtavinayak Apartments, Jogeshwari — floor plan 1Ashtavinayak Apartments, Jogeshwari — floor plan 2

Floor plans are indicative, as shared by the developer, and subject to change.

About Ashtavinayak Apartments

Location

Ashtavinayak Apartments is located in Jogeshwari, Mumbai 400060, in the Mumbai Suburban district. Across 99 recent resale listings on MPE, homes in Jogeshwari have a median asking rate of ₹32,800 per sq ft, and a 2 BHK typically rents for about ₹65,000 a month.

MahaRERA record

The MahaRERA registration number is P51800049920, issued on 16 July 2023. The registered promoter is Shiv Shruti Developers LLP. The filing lists 2 wings: SALE over 24 floors; SALE BUILDING with 173 units over 24 floors. Per the registration, the architect on record is JIYANI CONSULTANCY LLP and the project escrow account is with State Bank Of India.

Homes and prices

The price list covers 1 BHK of 428–469 sq ft at ₹1.08 Cr–₹1.16 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹24,700–₹25,200 per sq ft of carpet, 24% 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 60%, structure at 100%, finishing at 92%, services at 90%. Proposed possession is Oct 2026.

Developer track record

Nicco has 7 projects tracked on Mumbai Property Exchange, 4 of them delivered (ready or sold out). Other projects by the same developer include Shree Aangan, Ramtirth, Nebula Empress.

Buyer demand in Jogeshwari

In the last 90 days, buyers and tenants registered 17 requirements for Jogeshwari with Mumbai Property Exchange, 8 of them to buy and 2 specifically for 1 BHK homes.

Developer's description ▾
Ashtavinayak Apartments, a newly launched residential project in Jogeshwari East, Mumbai, offers spacious 1 BHK apartments designed to provide a modern lifestyle experience. With units ranging from Rs. 71.0 Lac to 1.06 Cr., this project spans across 1 acre of land and consists of 201 units. Constructed with modern needs in mind, the property offers under-construction units, including flats, renowned for their spaciousness and value for money, with sizes varying from 317.0 Sq. Ft. to 469.0 Sq. Ft. Featuring one remarkable tower, the project commenced on 01 March 2022, with a possession date set for 01 December 2025. Developed by Shiv Shruti Developers LLP, the project boasts amenities like private terrace/garden, earthquake resistance, grand entrance lobby, lift, meditation area, indoor games room, kids play area, waste disposal, intercom facility, and Vaastu compliance. While the commencement certificate has been granted, the occupancy certificate is pending. Conveniently located at SHYAM NAGAR, OFF JVLR, JOGESHWARI EAST, MUMBAI, with a pin code of 400060, Ashtavinayak Apartments promises comfort and convenience at a competitive price.

Jogeshwari market

prices, rents & rates

Price vs locality

₹24,950
/sqft · Jogeshwari rate-band mid-point ₹30,000
17% below mid-point

Jogeshwari — resale, rent & yield

Resale
₹32,800/sqft
median · 99 listings
Rent
₹112.7/sqft/mo
2 BHK ~₹65,000/mo
Gross yield
4.1%/yr
rent vs resale value

This project is quoted around ₹24,950/sqft — 24% below resale here.

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

Property rates in Jogeshwari

Residential · Sale
₹25,000–35,000/sqft
Commercial · Sale
₹20,000–45,000/sqft
2 BHK · Rent
₹55,000–105,000/mo

Upcoming projects & infrastructure in Jogeshwari

take an informed decision

36 MahaRERA projects are due to hand over in Jogeshwari between 2026 and 2030; the nearest upcoming infrastructure to Ashtavinayak Apartments is the Line 6 Pink, 1.1 km away (under construction · due 2027).

36
MahaRERA projects handing over in the next 5 years
in Jogeshwari
₹33,000/sqft▼
typical asking price
easing this quarter
₹14,300/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Jogeshwari by possession year
3
2026
9
2027
6
2028
11
2029
7
2030

Supply is not evenly spread — one year carries about a third of it.

Metro & infrastructure near Ashtavinayak Apartments
  • 🚇Line 6 PinkUnder construction · due 20271.1 km
  • 🚇Line 3 AquaOpened 20251.3 km
  • 🚇Goregaon-Mulund Link Road (GMLR)Under construction · due 20282.6 km
📜 4,442 registered transactions (IGR) on record in Jogeshwari. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Jogeshwari prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Jogeshwari, 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

Possession (proposed)
Oct 2026
Project status
New
MahaRERA No.
P51800049920
Data last updated
Oct 2026
Registered
2023-07-16
Escrow Bank
STATE BANK OF INDIA
Architect
JIYANI CONSULTANCY LLP
Total FSI
18,877

Buildings · 2 wings

173 units
PTC A WING - SALE · 24 fl · — u
WING B - SALE BUILDING · 24 fl · 173 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation60%
Structure100%
Finishing92%
Services90%
See all 11 stages ▾
Excavation100%
Plinth100%
Slabs of Super Structure100%
Stilt Floor100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…95%
External plumbing and external plaster, elevation, completion of terr…90%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…90%
Sanitary Fittings within the flats / premises90%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …90%
Basement (if any)0%
Podiums (if any)0%

What you pay, and when

an example

This 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 · 457 sq ft at ₹1.14 Cr (the price recorded above).

Due soon after booking~₹79.8 L70%, stages already done
Balance till possession~₹34.2 Las the last stages finish
Stamp duty + GST~₹6.8 L + ₹5.7 L6% + 5%, plus ~₹30,000 registration
  1. ✓ Plinth complete45% paid by then
  2. ✓ Slabs complete70% paid by then
  3. ○ Walls, plaster & flooring75% paid by then
  4. ○ Sanitary fittings80% paid by then
  5. ○ Staircases, lift wells & lobbies85% paid by then
  6. ○ Lifts, pumps, plumbing & elevation95% paid by then
  7. ○ Possession100%

With a home loan: banks usually fund up to 75% (₹85.5 L here), released stage by stage, so your own money is about ₹28.5 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 ₹74,200/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 advisor

Amenities

13
Community BuildingsElectrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And Disposal
+5 more ▾
Storm Water DrainsStreet LightingTreatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvesting

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

Resale Flats for Sale in Jogeshwari

4

Flats for Rent in Jogeshwari

4

Commercial for Sale in Jogeshwari

1

Commercial for Lease in Jogeshwari

1

Commercial Projects in Jogeshwari

More by Nicco (Shiv Shruti Developers LLP)

MahaRERA projects nearby in Jogeshwari

Frequently Asked Questions

Where is Ashtavinayak Apartments located?

Ashtavinayak Apartments is in Jogeshwari, Mumbai 400060.

What is the price of Ashtavinayak Apartments?

Ashtavinayak Apartments is sold out by the developer; ask MPE for resale or rental flats in this building.

What configurations and carpet areas does Ashtavinayak Apartments offer?

1 BHK – 428 sq ft carpet; 1 BHK – 446 sq ft carpet; 1 BHK – 457 sq ft carpet; 1 BHK – 469 sq ft carpet.

When is possession of Ashtavinayak Apartments?

As per MahaRERA, proposed possession is Oct 2026.

Is Ashtavinayak Apartments RERA-registered?

Yes — MahaRERA registration P51800049920, registered 2023-07-16.

How many units does Ashtavinayak Apartments have?

MahaRERA records 173 units across 2 buildings, up to 24 floors.

Who is the developer of Ashtavinayak Apartments?

Nicco (Shiv Shruti Developers LLP) — 7 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Jogeshwari?

36 MahaRERA-registered projects in Jogeshwari are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Ashtavinayak Apartments?

Line 6 Pink — under construction · due 2027, 1.1 km away; Line 3 Aqua — opened 2025, 1.3 km away; Goregaon-Mulund Link Road (GMLR) — under construction · due 2028, 2.6 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.

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 2026-10-06). 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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