Malad West · Mumbai
Modirealty Asopalav
Shankar Lane, Malad West · by Modi Realty (Modirealty Developers Pvt. Ltd.)
Updated Sep 2026
Malad WestPhotos from the project record · tap to enlarge
A first look at Modirealty Asopalav
Modirealty Asopalav is a residential project on Shankar Lane, Malad West, Mumbai 400067. It is registered with MahaRERA under PM1180002502111 (registered 2026-01-20). The project has 23 units across 1 building of up to 20 floors. It offers 1, 2 & 3 BHK homes with carpet areas of 424–862 sq ft, priced ₹1.33 Cr–₹2.67 Cr as on 17 Jul 2026 (indicative). The quoted rate is about ₹31,000 per sq ft. MahaRERA proposed possession: Jan 2030.
Ask an advisor to verify current developer inventory and price.
Availability & Pricing
Prices as on 17 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.
💬 Request latest price on WhatsAppAbout Modirealty Asopalav
Location
The address of Modirealty Asopalav is Shankar Lane, Malad West, Mumbai 400067, in the Mumbai Suburban district. Across 59 recent resale listings on MPE, homes in Malad West have a median asking rate of ₹28,225 per sq ft, and a 2 BHK typically rents for about ₹65,000 a month.
MahaRERA record
The MahaRERA registration number is PM1180002502111, issued on 20 January 2026. The registered promoter is Modirealty Developers Pvt. Ltd.. The filing lists 1 wing: Modirealty Asopalav with 23 units over 20 floors. Per the registration, the architect on record is Mehul and the project escrow account is with HDFC Bank.
Homes and prices
The price list covers 1 BHK of 424 sq ft at ₹1.33 Cr; 2 BHK of 576 sq ft at ₹1.78 Cr; 3 BHK of 862 sq ft at ₹2.67 Cr (carpet area), as on 17 Jul 2026. That works out to about ₹30,900–₹31,400 per sq ft of carpet, 10% above 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 56%, structure at 0%, finishing at 0%, services at 5%. Proposed possession is Jan 2030.
Developer track record
Modi Realty has 26 projects tracked on Mumbai Property Exchange, 15 of them delivered (ready or sold out). Other projects by the same developer include Modirealty Rudraksh.
Buyer demand in Malad West
In the last 90 days, buyers and tenants registered 50 requirements for Malad West with Mumbai Property Exchange, 21 of them to buy and 26 specifically for 1, 2 & 3 BHK homes.
Malad West market
prices, rents & ratesPrice vs locality
Malad West — resale, rent & yield
This project is quoted around ₹31,000/sqft — 10% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Malad West
Upcoming projects & infrastructure in Malad West
take an informed decision65 MahaRERA projects are due to hand over in Malad West between 2026 and 2030.
🔒 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
23 unitsLocation
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 · 576 sq ft at ₹1.78 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% (₹1.33 Cr here), released stage by stage, so your own money is about ₹44.5 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 ₹1.16 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
5Next 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.
Resale Flats for Sale in Malad West
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Flats for Rent in Malad West
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Commercial for Lease in Malad West
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Frequently Asked Questions
Where is Modirealty Asopalav located?
Modirealty Asopalav is on Shankar Lane, Malad West, Mumbai 400067.
What is the price of Modirealty Asopalav?
1, 2 & 3 BHK homes are priced ₹1.33 Cr–₹2.67 Cr as on 17 Jul 2026, about ₹31,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Modirealty Asopalav offer?
1 BHK – 424 sq ft carpet at ₹1.33 Cr; 2 BHK – 576 sq ft carpet at ₹1.78 Cr; 3 BHK – 862 sq ft carpet at ₹2.67 Cr.
When is possession of Modirealty Asopalav?
As per MahaRERA, proposed possession is Jan 2030.
Is Modirealty Asopalav RERA-registered?
Yes — MahaRERA registration PM1180002502111, registered 2026-01-20.
How many units does Modirealty Asopalav have?
MahaRERA records 23 units across 26 buildings, up to 20 floors.
Who is the developer of Modirealty Asopalav?
Modi Realty (Modirealty Developers Pvt. Ltd.) — 26 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Malad West?
65 MahaRERA-registered projects in Malad West are due for possession between 2026 and 2030, 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.
