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Lok Nirman

Ready building · resale & lease in Khar West

Khar West, Dr. Ambedkar Road

Sold Out Residential

Quick facts

Price
₹60,000/sq.ft
Status
Sold Out
Floors
16
Type
Residential
Zone Avg Rate
₹51,432/sq.ft · 368 projects
Developer
Lok Group
Location
Khar West, Dr. Ambedkar Road

A first look at Lok Nirman

Lok Nirman is a ready residential building on Dr. Ambedkar Road, Khar West, Mumbai. The building has 16 floors. It has 2 & 4 BHK flats with carpet areas of 1,000–2,000 sq ft. Recorded prices range ₹7 Cr–₹10 Cr (indicative). The indicative rate is about ₹60,000 per sq ft. 12 listings are live on MPE right now: resale from ₹3.7 Cr, rent from ₹1.5 Lac a month.

Completed/historical project — current inventory unconfirmed

Ask an advisor to check current resale or rental availability.

Source stage: Sold Out · mapped resale: 0 · mapped rental: 0 · primary status: recorded

Approximate pricing — area & bedrooms

TypeCarpet AreaIndicative PriceApprox. ₹/sqft
2 BHK1000 sq.ft.₹7 Cr ₹70,000/sqft
4 BHK2000 sq.ft.₹10 Cr ₹50,000/sqft
⚠️ Disclaimer: All prices listed above are approximate and indicative only, sourced from publicly available information. Final pricing is determined and communicated exclusively by the Developer at their registered office. Mumbai Property Exchange makes no warranty regarding accuracy and accepts no liability — no queries on pricing shall be entertained.

Building overview

Location

Lok Nirman stands on Dr. Ambedkar Road, Khar West, Mumbai. Across 129 recent resale listings on MPE, homes in Khar West have a median asking rate of ₹58,039 per sq ft, and a 2 BHK typically rents for about ₹1.5 Lac a month. Lok Nirman is quoted around ₹60,000 per sq ft, 3% above that median.

Building facts

This residential building by Lok Group rises 16 floors and is sold out. Amenities on record include High speed elevators, Kid's play area, Landscaped garden, Power Backup, Imported Sanitary Fittings, Intercom/CCTV, POP finished walls, Vitrified flooring, Granite Platform.

Configurations and prices

Configurations recorded are 2 BHK of 1,000 sq ft at ₹7 Cr; 4 BHK of 2,000 sq ft at ₹10 Cr (carpet area). Prices are indicative and should be reconfirmed before booking.

Available now

12 listings are live in Lok Nirman on Mumbai Property Exchange today — 6 for sale, 6 for rent. Resale asking prices run ₹3.7 Cr to ₹12 Cr. Rents run ₹1.5 Lac to ₹5.5 Lac a month.

Developer track record

Lok Group has 10 projects tracked on Mumbai Property Exchange. Other projects by the same developer include Lok Dhara, Lok Raunak, Lok Sarita.

Buyer demand in Khar West

In the last 90 days, buyers and tenants registered 46 requirements for Khar West with Mumbai Property Exchange, 20 of them to buy and 18 specifically for 2 & 4 BHK homes.

Location
Khar West
Sub-Location
Dr. Ambedkar Road
Status
Sold Out
Rate
₹60,000/sqft
Type
Residential
Floors
16

How prices stack up in Khar West

From MPE live listings · your own data
Resale
₹58,039/sq.ft
median · 129 listings
Rent
₹189.0/sq.ft/mo
2 BHK ~₹150,000/mo
Gross rental yield
3.9% / yr
rent vs resale value

Government circle rate here is ₹28,496/sq.ft — the market trades 104% above the official rate. Ready reckoner rates ›

Medians from MPE listings over the last 18 months. See the Mumbai price index ›

MPE insight
Timing can matter as much as location
Mumbai is supply-constrained, so the best pricing and unit choice often go early — well before the launch advertising. If you’re serious about a project, it pays to know where it is in its cycle. Read the guide ›
Ask MPE on WhatsApp

Building description

Building details

About the building

About the location

📈 Rate history

Early quoted rates for this building (historic), from MPE’s own records:

₹7,5002005₹12,5002006₹15,0002007
YearRate (₹/sqft)
2005₹7,500
2006₹12,500
2007₹15,000

Today, resale in Khar West trades around ₹58,039/sq.ft (area median) — see the price panel above.

Building remarks

🗺️ Proximity & Distances

✈️
Airport
20 Domestic Airport, 40 International Airport.
🚆
Railway Station
Khar Rly Station-5 minutes, Bandra Station-8 min.
🏥
Hospital
Bhabha Hospital, Leelawati Hospital,Holy Family Hospital, Nanavati Hospital.
🏫
School
Bai Avabai Petit School,Springfield High School,St.Aloysius High School,Arya Vidya Mandir

Building ratings

2.0
★ ★ ☆ ☆ ☆
Building
8.3
★ ★ ★ ★ ★
Location
7.3
★ ★ ★ ★ ★
Amenities
8.4
★ ★ ★ ★ ★
Legal
7.8
★ ★ ★ ★ ★
Value for Money

📈 Price History

🏊 Amenities & Features (9 amenities)

Common (4)
🏢 High speed elevators🧒 Kid's play area🌳 Landscaped garden⚡ Power Backup
Interior (4)
🏠 Imported Sanitary Fittings🏠 Intercom/CCTV🏠 POP finished walls🏠 Vitrified flooring
Kitchen (1)
🪨 Granite Platform

Floor plans & site plans

Indicative floor plans as shared by the developer; subject to change.

🧭 Building Compass

How far is Lok Nirman from your daily life? Add your anchors to see commute times.

🧮 Financial Tools

💰 EMI Calculator

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Monthly EMI
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Loan Amount
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Total Interest

🔄 Rent vs Buy

Should you rent or buy in Khar West? Compare monthly costs.

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Monthly Rent Cost
—
Monthly Buy Cost (EMI)

📍 Lok Nirman location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Upcoming projects & infrastructure in Khar West

34 MahaRERA projects are due to hand over in Khar West between 2027 and 2031; the nearest upcoming infrastructure to Lok Nirman is the Versova-Bandra Sea Link, 1.3 km away (under construction · due 2028).

34
MahaRERA projects handing over in the next 5 years
in Khar West
₹62,100/sqft▲
typical asking price
rising this quarter
₹28,500/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Khar West by possession year
5
2027
7
2028
12
2029
4
2030
6
2031

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

Metro & infrastructure near Lok Nirman
  • 🌉Versova-Bandra Sea LinkUnder construction · due 20281.3 km
📜 516 registered transactions (IGR) on record in Khar West. 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 ›
In the full Khar 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.

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.

Frequently Asked Questions

Where is Lok Nirman located?

Lok Nirman is on Dr. Ambedkar Road, Khar West, Mumbai.

What is the price of flats in Lok Nirman?

Recorded prices are ₹7 Cr–₹10 Cr, about ₹60,000 per sq ft. Prices are indicative; confirm with MPE.

Are flats available in Lok Nirman right now?

Yes — 12 live listings on Mumbai Property Exchange, 6 for sale, 6 for rent. See the listings on this page.

What configurations does Lok Nirman have?

Lok Nirman has 2 & 4 BHK flats with carpet areas of 1,000–2,000 sq ft.

Who is the developer of Lok Nirman?

Lok Group, with 10 projects tracked on Mumbai Property Exchange.

What configurations are available at Lok Nirman?

Lok Nirman offers 2 BHK, 4 BHK configurations.

What is the price range at Lok Nirman?

Prices at Lok Nirman start from approximately 70000000 (indicative only). Contact the developer for final pricing.

How many new projects are coming up in Khar West?

34 MahaRERA-registered projects in Khar West are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Lok Nirman?

Versova-Bandra Sea Link — under construction · due 2028, 1.3 km away. Timelines are as announced and can change.

What is the price per sq.ft. at Lok Nirman?

The last known price per sq.ft. at Lok Nirman was ₹60000 (historical; project is sold out/delivered).

📊 Property Rates in Khar West

₹60,000/sqft
This Project Rate
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🏘️ Properties in Khar West

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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 2026-08-28). 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.

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