Updated Oct 2026
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Hill Spring price check and key numbers
swipe →- Line 4 Green2.2 km
- Line 10 Green3.3 km
A first look at Hill Spring
Hill Spring is a residential project by Velocity on Opp. DB Park Wood, Ghodbunder Road, Thane West, Mumbai 421302. It is registered with MahaRERA under P51700004477. Hill Spring is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 173 units across 1 building of up to 11 floors. It offers 1 BHK homes with carpet areas of 433 sq ft. MahaRERA proposed possession: Aug 2026, revised to Dec 2023.
Ask an advisor to check current resale or rental availability.
Areas filed by the developer in MahaRERA (5)
Hill Spring floor plans
2Floor plans are indicative, as shared by the developer, and subject to change.
About Hill Spring
Location
Hill Spring is located on Opp. DB Park Wood, Ghodbunder Road, Thane West (Mumbai 421302). Across 2692 recent resale listings on MPE, homes in Thane West have a median asking rate of ₹21,300 per sq ft, and a 2 BHK typically rents for about ₹55,000 a month.
MahaRERA record
Hill Spring is registered with MahaRERA under P51700004477. The registered promoter is Asha Infratech. The filing lists 1 wing: HILL SPRINGS with 173 units over 11 floors. According to MahaRERA, the architect on record is ALIM A K FOUZI and the project escrow account is with Union Bank.
Homes and prices
Configurations recorded are 1 BHK of 433 sq ft at ₹75 Lakh (carpet area), as on 09 Jul 2026. That works out to about ₹17,300 per sq ft of carpet, 19% 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
The latest MahaRERA progress report shows foundation at 80%, structure at 100%, finishing at 100%, services at 100%. Possession by MahaRERA phase: Dec 2023 (P51700004477) & Jun 2018 (P51700009218).
Buyer demand in Thane West
In the last 90 days, buyers and tenants registered 109 requirements for Thane West with Mumbai Property Exchange, 55 of them to buy and 27 specifically for 1 BHK homes.
Developer's description ▾
Thane West market
prices, rents & ratesPrice vs locality
Thane West — resale, rent & yield
This project is quoted around ₹17,321/sqft — 19% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Thane West
Upcoming projects & infrastructure in Thane West
take an informed decision432 MahaRERA projects are due to hand over in Thane West between 2026 and 2030; the nearest upcoming infrastructure to Hill Spring is the Line 4 Green, 2.2 km away (under construction · due 2027).
- 🚇Line 4 GreenUnder construction · due 20272.2 km
- 🚇Line 10 GreenUnder construction · due 20273.3 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Thane 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.
Hill Spring MahaRERA number and possession date
- P51700004477 · Hill Spring · possession Dec 2023
- P51700009218 · Hill Spring Phase 1 · possession Jun 2018
Hill Spring towers and phases
1 wing · 173 unitsHill Spring address and location
Neighbourhood around Hill Spring
Hill Spring in Thane West is 0.6 km from Vijay Nagari metro station, 0.5 km from Saraswati Vidyalaya and 0.1 km from Maheshwari Multispeciality Hospital.
- Ⓜ Metro stationVijay Nagari0.6 km
- Ⓜ Metro stationWaghbil1.1 km
- 🏫 SchoolSaraswati Vidyalaya0.5 km
- 🏫 SchoolRadcliffe School0.8 km
- 🏥 HospitalMaheshwari Multispeciality Hospital0.1 km
- 🏥 HospitalNeeta Ambani Hospital0.4 km
- 🎓 CollegeArun Muchhala polytechnic college0.3 km
- 🛍 MallBig Centre1.0 km
- 🌳 ParkRohan's Park0.4 km
Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →
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 · 433 sq ft at ₹75.0 L (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% (₹56.2 L here), released stage by stage, so your own money is about ₹18.8 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 ₹48,800/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
11+3 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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Connectivity
Talk to our MahaRERA advisor
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💬 Ask about resale or rental optionsResale Flats for Sale in Thane West
4Flats for Rent in Thane West
4Commercial for Sale in Thane West
1Commercial for Lease in Thane West
2Commercial Projects in Thane West
MahaRERA projects nearby in Thane West
Frequently Asked Questions
Where is Hill Spring located?
Hill Spring is on Opp. DB Park Wood, Ghodbunder Road, Thane West, Mumbai 421302.
What is the price of Hill Spring?
Hill Spring is sold out by the developer; ask MPE for resale or rental flats in this building.
What configurations and carpet areas does Hill Spring offer?
1 BHK – 433 sq ft carpetakh. The developer price list does not state its MahaRERA phase.
When is possession of Hill Spring?
Hill Spring has 2 MahaRERA phases, each with its own possession date: P51700004477 (Hill Spring): Dec 2023; P51700009218 (Hill Spring Phase 1): Jun 2018.
Is Hill Spring RERA-registered?
Yes — MahaRERA registration P51700004477.
How many units does Hill Spring have?
MahaRERA records 173 units across 1 building, up to 11 floors.
Who is the developer of Hill Spring?
Velocity (Asha Infratech) — 1 project tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Thane West?
432 MahaRERA-registered projects in Thane West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Hill Spring?
Line 4 Green — under construction · due 2027, 2.2 km away; Line 10 Green — under construction · due 2027, 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.
How far is Hill Spring from the nearest metro and railway station?
Hill Spring is about 0.6 km from Vijay Nagari metro station (straight-line distance; road distance is longer).

