Vasai · Mumbai
Mahalaxmi Nagar Building No 4
Vasai · by Mahalaxmi Group of Companies
Updated Oct 2026
🗺 View on map · schools, metro & distancesVasaiPhotos from the project record · tap to enlarge
The story at a glance
At a glance
swipe →- Virar-Alibaug Multimodal Corridor0.6 km
A first look at Mahalaxmi Nagar Building No 4
Mahalaxmi Nagar Building No 4 is a residential project in Vasai, Mumbai 400001. It is registered with MahaRERA under P99000030502 (registered 2024-08-20). The project has 321 units across 2 buildings of up to 23 floors. It offers 1 & 2 BHK homes with carpet areas of 410–575 sq ft, priced ₹36 Lac–₹49 Lac as on 09 Jul 2026 (indicative). The quoted rate is about ₹8,700 per sq ft. MahaRERA proposed possession: Nov 2031.
Ask an advisor to verify current developer inventory and price.
Availability & Pricing
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 WhatsAppUnit configurations filed with MahaRERA (4)
About Mahalaxmi Nagar Building No 4
Location
The project is in Vasai, Mumbai 400001, in the Palghar district.
MahaRERA record
Mahalaxmi Nagar Building No 4 is registered with MahaRERA under P99000030502, dated 20 August 2024. The registered promoter is Mahalaxmi Homemakers Private Limited. The filing lists 2 wings: A WING with 182 units over 23 floors; B WING with 139 units over 23 floors. According to MahaRERA, the architect on record is DEVENDRA MISTRY and the project escrow account is with Bassein Catholic Cooperative Bank Ltd.
Homes and prices
Configurations recorded are 1 BHK of 410 sq ft at ₹36 Lac; 2 BHK of 505–575 sq ft at ₹43 Lac–₹49 Lac (carpet area), as on 09 Jul 2026. That works out to about ₹8,500–₹8,800 per sq ft of carpet. Prices are indicative and should be reconfirmed with the developer before booking.
Construction and possession
The latest MahaRERA progress report shows foundation at 75%, structure at 94%, finishing at 73%, services at 77%. Proposed possession is Nov 2031.
Developer track record
Mahalaxmi Group of Companies has 13 projects tracked on Mumbai Property Exchange, 9 of them delivered (ready or sold out). Other projects by the same developer include Premier Elegance, Ankur Grandeur, Codename Devika Avenue.
Buyer demand in Vasai
In the last 90 days, buyers and tenants registered 15 requirements for Vasai with Mumbai Property Exchange and 3 specifically for 1 & 2 BHK homes.
Vasai market
prices, rents & ratesPrice vs locality
Property rates in Vasai
Upcoming projects & infrastructure in Vasai
take an informed decision156 MahaRERA projects are due to hand over in Vasai between 2026 and 2030; the nearest upcoming infrastructure to Mahalaxmi Nagar Building No 4 is the Virar-Alibaug Multimodal Corridor, 0.6 km away (approved).
Supply is not evenly spread — one year carries about a third of it.
- 🛣️Virar-Alibaug Multimodal CorridorApproved0.6 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Vasai, 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
321 unitsLocation
Neighbourhood around Mahalaxmi Nagar Building No 4
Mahalaxmi Nagar Building No 4 in Vasai is 0.9 km from Nalla Sopara railway station, 1.6 km from Divine Providence High School and 0.2 km from baba hospital.
- 🚉 Railway stationNalla Sopara0.9 km
- 🏫 SchoolDivine Providence High School1.6 km
- 🏫 SchoolZ. B. Zakaria English High School2.5 km
- 🏥 Hospitalbaba hospital0.2 km
- 🏥 HospitalMahaveer Nursing Home0.2 km
- 🎓 CollegeShurparaka Educational and Medical College2.5 km
- 🌳 ParkVVCMC Garden0.3 km
Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →
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: 2 BHK · 505 sq ft at ₹43.0 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% (₹32.2 L here), released stage by stage, so your own money is about ₹10.8 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 ₹28,000/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
22+14 more ▾
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.
More by Mahalaxmi Group of Companies
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MahaRERA projects nearby in Vasai
Frequently Asked Questions
Where is Mahalaxmi Nagar Building No 4 located?
Mahalaxmi Nagar Building No 4 is in Vasai, Mumbai 400001.
What is the price of Mahalaxmi Nagar Building No 4?
1 & 2 BHK homes are priced ₹36 Lac–₹49 Lac as on 09 Jul 2026, about ₹8,700 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Mahalaxmi Nagar Building No 4 offer?
1 BHK – 410 sq ft carpet at ₹36 Lac; 2 BHK – 505 sq ft carpet at ₹43 Lac; 2 BHK – 575 sq ft carpet at ₹49 Lac.
When is possession of Mahalaxmi Nagar Building No 4?
As per MahaRERA, proposed possession is Nov 2031.
Is Mahalaxmi Nagar Building No 4 RERA-registered?
Yes — MahaRERA registration P99000030502, registered 2024-08-20.
How many units does Mahalaxmi Nagar Building No 4 have?
MahaRERA records 321 units across 3 buildings, up to 23 floors.
Who is the developer of Mahalaxmi Nagar Building No 4?
Mahalaxmi Group of Companies — 13 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Vasai?
156 MahaRERA-registered projects in Vasai are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Mahalaxmi Nagar Building No 4?
Virar-Alibaug Multimodal Corridor — approved, 0.6 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.
How far is Mahalaxmi Nagar Building No 4 from the nearest metro and railway station?
Mahalaxmi Nagar Building No 4 is about 0.9 km from Nalla Sopara railway station (straight-line distance; road distance is longer).
