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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
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Laxmi Narayan Mansion, Borivali East
✓ MahaRERA P51800002218RERA: no litigation reported

Laxmi Narayan Mansion

📍 1st Kasturba Road, Shamrao Vithal Co.op. Bank, Borivali East, Mumbai Suburban · 400092
🕒 Last updated Sep 2026

Laxmi Narayan Mansion is a residential project by Atharva Properties on 1st Kasturba Road, Shamrao Vithal Co.op. Bank, Borivali East, Mumbai 400092. It is registered with MahaRERA under P51800002218 (registered 2021-09-09). The project has 48 units across 1 building of up to 19 floors. It offers 3 BHK homes with carpet areas of 780–895 sq ft, priced ₹2.36 Cr–₹2.67 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹30,100 per sq ft. MahaRERA proposed possession: Jan 2022.

Availability & Pricing

TypeCarpetPriceAvail
2½ BHK780 ft²₹2.36 Cr
2½ BHK790 ft²₹2.39 Cr
3 BHK810 ft²₹2.44 Cr
3 BHK835 ft²₹2.51 Cr
3 BHK895 ft²₹2.67 Cr

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 WhatsApp
48
Units
2022
Possession
1
Buildings
Certificate Signed
Status
Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

PB
Pooja Batra · Senior Advisor
Mumbai Property Exchange · MahaRERA-registered since 2017

Gallery

Laxmi Narayan Mansion, Borivali East — photo 1Laxmi Narayan Mansion, Borivali East — photo 2

Laxmi Narayan Mansion floor plans

2
Laxmi Narayan Mansion, Borivali East — floor plan 1Laxmi Narayan Mansion, Borivali East — floor plan 2

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

Next steps

About Laxmi Narayan Mansion

Location

The address of Laxmi Narayan Mansion is 1st Kasturba Road, Shamrao Vithal Co.op. Bank, Borivali East, Mumbai 400092, in the Mumbai Suburban district. Across 22 recent resale listings on MPE, homes in Borivali East have a median asking rate of ₹31,386 per sq ft, and a 2 BHK typically rents for about ₹60,000 a month.

MahaRERA record

Laxmi Narayan Mansion is registered with MahaRERA under P51800002218, dated 9 September 2021. The registered promoter is Atharva Developers. The filing lists 1 wing: LAXMI NARAYAN MANSION over 19 floors. According to MahaRERA, the architect on record is Mr Manish Manharlal Shah and the project escrow account is with The Shamrao Vithal Cooperative Bank. The current MahaRERA source record reports no litigations.

Homes and prices

The price list covers 2½ BHK of 780–790 sq ft at ₹2.36 Cr–₹2.39 Cr; 3 BHK of 810–895 sq ft at ₹2.44 Cr–₹2.67 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹29,800–₹30,300 per sq ft of carpet, 4% 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 98%, structure at 74%, finishing at 27%, services at 28%. Proposed possession is Jan 2022.

Developer track record

Atharva Properties has 10 projects tracked on Mumbai Property Exchange, 10 of them delivered (ready or sold out). Other projects by the same developer include Maitri Enclave.

Buyer demand in Borivali East

In the last 90 days, buyers and tenants registered 13 requirements for Borivali East with Mumbai Property Exchange, 7 of them to buy and 1 specifically for 3 BHK homes.

Developer's description ▾
Laxmi Narayan Mansion is a Residential Project by Atharva Properties. It is located at Borivali East 2 min to Borivali Station and 5 min to S.V Road. 10 min to Highway and Devipada Metro Station. It offers 2,2.5 and 3 BHK Residences. Modern Elevation. Branded bathroom accessories and fittings. Single tower 4 flats per floor. Vaastu compliant. Jodi options available. Dedicated podium surface car parking with 2 hi -tech car lifts. Amenities like kid's play area, gym, indoor games, rooftop terrace, etc.RERA approved project. Ready Possession.

Price vs Locality

₹30,105
/sqft · Borivali East rate-band mid-point ₹40,000
25% below mid-point

Upcoming projects & infrastructure in Kandivali West

take an informed decision

44 MahaRERA projects are due to hand over in Kandivali West between 2027 and 2031.

44
MahaRERA projects handing over in the next 5 years
in Kandivali West
₹30,000/sqft
typical asking price
steady this quarter
₹15,400/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Kandivali West by possession year
9
2027
13
2028
8
2029
9
2030
5
2031
📜 1,911 registered transactions (IGR) on record in Kandivali West, and we pull the latest registrations on request. Know what flats here actually transacted at before you negotiate — take an informed decision.
Ask for registered transactions ›
In the full Kandivali West report

🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

Borivali East — resale, rent & yield

Resale
₹31,386/sqft
median · 22 listings
Rent
₹80.5/sqft/mo
2 BHK ~₹60,000/mo
Gross yield
3.1%/yr
rent vs resale value

This project is quoted around ₹30,105/sqft4% below resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
2 BHK673 ft²₹2.03 Cr
3 BHK747–810 ft²₹2.25 Cr–₹2.44 Cr
4 BHK970–1,054 ft²₹2.92 Cr–₹3.17 Cr
Bank3,418 ft²₹10.29 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Jan 2022
Possession (revised)
Jan 2022
MahaRERA No.
P51800002218
Data last updated
Sep 2026
Registered
2021-09-09
Litigation
No reported in source
Escrow Bank
THE SHAMRAO VITHAL COOPERATIVE BANK
Architect
Mr Manish Manharlal Shah
Total FSI
4,120

Buildings · 1 wing

LAXMI NARAYAN MANSION · 19 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation98%
Structure74%
Finishing27%
Services28%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Podiums (if any)100%
Stilt Floor90%
Slabs of Super Structure74%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…50%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …50%
Sanitary Fittings within the flats / premises30%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…5%
External plumbing and external plaster, elevation, completion of terr…0%

Amenities

8
Electrical meter room, sub-station, r…Fire protection and fire safety requi…Landscaping & Tree PlantingOpen ParkingSewerage (Chamber, Lines, Septic Tank…Storm Water DrainsWater 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

Borivali East market context

Property Rates in Borivali East

Residential · Sale
₹30,000–50,000/sqft
Commercial · Sale
₹30,000–45,000/sqft
2 BHK · Rent
₹65,000–90,000/mo

Resale Flats for Sale in Borivali East

4

Flats for Rent in Borivali East

4

Commercial for Sale in Borivali East

1

Commercial for Lease in Borivali East

1

Commercial Projects in Borivali East

More by Atharva Properties

MahaRERA projects nearby in Borivali East

Frequently Asked Questions

Where is Laxmi Narayan Mansion located?

Laxmi Narayan Mansion is on 1st Kasturba Road, Shamrao Vithal Co.op. Bank, Borivali East, Mumbai 400092.

What is the price of Laxmi Narayan Mansion?

3 BHK homes are priced ₹2.36 Cr–₹2.67 Cr as on 09 Jul 2026, about ₹30,100 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Laxmi Narayan Mansion offer?

2½ BHK – 780 sq ft carpet at ₹2.36 Cr; 2½ BHK – 790 sq ft carpet at ₹2.39 Cr; 3 BHK – 810 sq ft carpet at ₹2.44 Cr; 3 BHK – 835 sq ft carpet at ₹2.51 Cr; 3 BHK – 895 sq ft carpet at ₹2.67 Cr.

When is possession of Laxmi Narayan Mansion?

As per MahaRERA, proposed possession is Jan 2022.

Is Laxmi Narayan Mansion RERA-registered?

Yes — MahaRERA registration P51800002218, registered 2021-09-09. The current MahaRERA source record reports no litigations.

How many units does Laxmi Narayan Mansion have?

MahaRERA records 48 units across 1 building, up to 19 floors.

Who is the developer of Laxmi Narayan Mansion?

Atharva Properties — 10 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Kandivali West?

44 MahaRERA-registered projects in Kandivali West are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines 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 2026-09-13). 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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