Thane West · Mumbai
Mahavir Estella
Owala Naka, Mogharpada village Road, GB Road, Thane (W), Thane West · by Damji Shamji Shah and Co (Cityscape Construction Company)
Registered project name
Mahavir Estella - Wing EUpdated Sep 2026
Thane WestPhotos from the project record · tap to enlarge
A first look at Mahavir Estella
Mahavir Estella is a residential project by Damji Shamji Shah and Co on Owala Naka, Mogharpada village Road, GB Road, Thane (W), Thane West, Mumbai 400615. It is registered with MahaRERA under P51700018330 (registered 2020-06-23). Mahavir Estella is sold out by the developer — resale flats here are listed from ₹55 Lac. The project has 39 units across 1 building of up to 8 floors. It offers 1, 2 & 3 BHK homes with carpet areas of 432–536 sq ft. MahaRERA proposed possession: Jan 2021.
4 for sale in this building right now, listed below.
Other wings & phases: Mahavir Estella - Wing A And B
Unit configurations filed with MahaRERA (4)
Property listings in Mahavir Estella
Mahavir Estella floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Mahavir Estella
Location
Mahavir Estella is located on Owala Naka, Mogharpada village Road, GB Road, Thane (W), Thane West (Mumbai 400615). Across 47 recent resale listings on MPE, homes in Thane West have a median asking rate of ₹18,901 per sq ft, and a 2 BHK typically rents for about ₹60,000 a month.
MahaRERA record
The MahaRERA registration number is P51700018330, issued on 23 June 2020. The registered promoter is Cityscape Construction Company. The filing lists 1 wing: Wing E over 8 floors. Per the registration, the architect on record is Anil Hassanand Jagwani and the project escrow account is with HDFC Bank.
Homes and prices
Configurations recorded are 1 BHK of 432 sq ft at ₹54 Lac; 2 BHK of 509 sq ft at ₹63.62 Lac; 3 BHK of 536 sq ft at ₹67 Lac (carpet area), as on 09 Jul 2026. That works out to about ₹12,500 per sq ft of carpet, 34% 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 80%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Jan 2021.
Developer track record
Damji Shamji Shah and Co has 28 projects tracked on Mumbai Property Exchange, 27 of them delivered (ready or sold out).
Buyer demand in Thane West
In the last 90 days, buyers and tenants registered 44 requirements for Thane West with Mumbai Property Exchange, 17 of them to buy and 20 specifically for 1, 2 & 3 BHK homes.
Developer's description ▾
Thane West market
prices, rents & ratesPrice vs locality
Thane West — resale, rent & yield
This project is quoted around ₹12,500/sqft — 34% 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 decision212 MahaRERA projects are due to hand over in Thane West between 2026 and 2030; the nearest upcoming infrastructure to Mahavir Estella is the Line 10 Green, 3.0 km away (under construction · due 2027).
- 🚇Line 10 GreenUnder construction · due 20273.0 km
- 🛣️Virar-Alibaug Multimodal CorridorApproved3.3 km
🔒 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.
RERA record & possession
Buildings · 1 wing
Location
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: 2 BHK · 509 sq ft at ₹63.6 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% (₹47.7 L here), released stage by stage, so your own money is about ₹15.9 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 ₹41,400/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
5Talk 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 Thane West
4
Flats for Rent in Thane West
4
Commercial for Sale in Thane West
1
Commercial for Lease in Thane West
2
Commercial Projects in Thane West
MahaRERA projects nearby in Thane West
Frequently Asked Questions
Where is Mahavir Estella located?
Mahavir Estella is on Owala Naka, Mogharpada village Road, GB Road, Thane (W), Thane West, Mumbai 400615.
What is the price of Mahavir Estella?
Mahavir Estella is sold out by the developer — resale flats here are listed from ₹55 Lac. These are current asking prices from live listings on MPE.
What configurations and carpet areas does Mahavir Estella offer?
1 BHK – 432 sq ft carpet; 2 BHK – 509 sq ft carpet; 3 BHK – 536 sq ft carpet.
When is possession of Mahavir Estella?
As per MahaRERA, proposed possession is Jan 2021.
Is Mahavir Estella RERA-registered?
Yes — MahaRERA registration P51700018330, registered 2020-06-23.
How many units does Mahavir Estella have?
MahaRERA records 39 units across 20 buildings, up to 8 floors.
Who is the developer of Mahavir Estella?
Damji Shamji Shah and Co (Cityscape Construction Company) — 28 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Thane West?
212 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 Mahavir Estella?
Line 10 Green — under construction · due 2027, 3.0 km away; Virar-Alibaug Multimodal Corridor — approved, 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.
