Vile Parle East · Mumbai
Ivy Marvel
Veer Makrand Ghanekar Marg, Vile Parle East · by Ivy Realtors and Valuers (Neumec Reality)
Updated Oct 2026
Vile Parle EastPhotos from the project record · tap to enlarge
A first look at Ivy Marvel
Ivy Marvel is a residential project on Veer Makrand Ghanekar Marg, Vile Parle East, Mumbai 400057. It is registered with MahaRERA under P51800006856 (registered 2020-10-06). Ivy Marvel is sold out by the developer — resale flats here are listed from ₹4.1 Cr. The project has 48 units across 2 buildings of up to 15 floors. It offers 1 & 3 BHK homes with carpet areas of 443–1,170 sq ft. MahaRERA proposed possession: Jun 2025, revised to Dec 2022.
3 for sale in this building right now, listed below.
Unit configurations filed with MahaRERA (5)
Property listings in Ivy Marvel
Ivy Marvel floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Ivy Marvel
Location
The address of Ivy Marvel is Veer Makrand Ghanekar Marg, Vile Parle East, Mumbai 400057, in the Mumbai Suburban district. Across 24 recent resale listings on MPE, homes in Vile Parle East have a median asking rate of ₹40,000 per sq ft.
MahaRERA record
The MahaRERA registration number is P51800006856, issued on 6 October 2020. The registered promoter is Neumec Reality. The filing lists 2 wings: A WIng with 28 units over 15 floors; B WIng with 20 units over 15 floors. Per the registration, the architect on record is Mf Associates and the project escrow account is with HDFC Bank.
Homes and prices
The price list covers 1 BHK of 443–529 sq ft at ₹1.68 Cr–₹2.01 Cr; 3 BHK of 1,125–1,170 sq ft at ₹4.28 Cr–₹4.45 Cr (carpet area), as on 23 Jul 2026. That works out to about ₹37,900–₹38,100 per sq ft of carpet, 5% 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 100%, structure at 93%, finishing at 89%, services at 90%. Proposed possession is Jun 2025, revised to Dec 2022.
Developer track record
Ivy Realtors and Valuers has 11 projects tracked on Mumbai Property Exchange, 11 of them delivered (ready or sold out). Other projects by the same developer include Shreeji Towers, Neumec Aadhira, Neumec Vinayak.
Buyer demand in Vile Parle East
In the last 90 days, buyers and tenants registered 11 requirements for Vile Parle East with Mumbai Property Exchange, 4 of them to buy and 4 specifically for 1 & 3 BHK homes.
Developer's description ▾
Vile Parle East market
prices, rents & ratesPrice vs locality
Vile Parle East — resale, rent & yield
This project is quoted around ₹38,027/sqft — 5% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Vile Parle East
Upcoming projects & infrastructure in Vile Parle East
take an informed decision75 MahaRERA projects are due to hand over in Vile Parle East between 2026 and 2030; the nearest upcoming infrastructure to Ivy Marvel is the Versova-Bandra Sea Link, 3.1 km away (under construction · due 2028).
- 🚇Line 2B YellowOpened 20260.9 km
- 🌉Versova-Bandra Sea LinkUnder construction · due 20283.1 km
- 🚇Line 3 AquaOpened 20253.1 km
- 🚇Line 8 Gold (Airport Express)Under construction · due 20303.1 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Vile Parle East, 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
48 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: 1 BHK · 529 sq ft at ₹2.01 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% (₹1.51 Cr here), released stage by stage, so your own money is about ₹50.2 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 ₹1.31 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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Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Ask about resale or rental optionsResale Flats for Sale in Vile Parle East
4
Flats for Rent in Vile Parle East
1
Commercial for Lease in Vile Parle East
1
Commercial Projects in Vile Parle East
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Frequently Asked Questions
Where is Ivy Marvel located?
Ivy Marvel is on Veer Makrand Ghanekar Marg, Vile Parle East, Mumbai 400057.
What is the price of Ivy Marvel?
Ivy Marvel is sold out by the developer — resale flats here are listed from ₹4.1 Cr. These are current asking prices from live listings on MPE.
What configurations and carpet areas does Ivy Marvel offer?
1 BHK – 443 sq ft carpet; 1 BHK – 505 sq ft carpet; 1 BHK – 520 sq ft carpet; 1 BHK – 529 sq ft carpet; 3 BHK – 1,125 sq ft carpet; 3 BHK – 1,170 sq ft carpet.
When is possession of Ivy Marvel?
As per MahaRERA, proposed possession is Jun 2025, revised to Dec 2022.
Is Ivy Marvel RERA-registered?
Yes — MahaRERA registration P51800006856, registered 2020-10-06.
How many units does Ivy Marvel have?
MahaRERA records 48 units across 4 buildings, up to 15 floors.
Who is the developer of Ivy Marvel?
Ivy Realtors and Valuers (Neumec Reality) — 11 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Vile Parle East?
75 MahaRERA-registered projects in Vile Parle East are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Ivy Marvel?
Line 2B Yellow — opened 2026, 0.9 km away; Versova-Bandra Sea Link — under construction · due 2028, 3.1 km away; Line 3 Aqua — opened 2025, 3.1 km away; Line 8 Gold (Airport Express) — under construction · due 2030, 3.1 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.
