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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA PM1180002502111

Malad West · Mumbai

Modirealty Asopalav

Shankar Lane, Malad West · by Modi Realty (Modirealty Developers Pvt. Ltd.)

Updated Oct 2026

🗺 View on map · schools, metro & distances
Modirealty Asopalav, Malad West, Mumbai — new project, possession Dec 2028 | Mumbai Property Exchange, Sandeep Sadh 98200 30685
Modirealty Asopalav, Malad West
Project card by Mumbai Property Exchange · tap to open and share

The story at a glance

Sandeep Sadh, Mumbai Property Exchange
Sandeep Sadh · Founder, Mumbai Property Exchange
MahaRERA A51800043517 · in Mumbai real estate since 1995
23
Units
2030
Possession
1
Buildings
Certificate Signed
Status

At a glance

swipe →
Price check
₹31,000/sq.ft
₹28,600₹36,300
Within the usual range for homes for sale in Malad West (632 listings).
Area price trend
₹31,800/sq.ft
-5.4% since Q3 25 · asking rate for homes in Malad West
Who's looking
67 requests
People asked us for Malad West in the last 90 days — 27 to buy.

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.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
1 BHK424 ft²₹1.33 Cr—
2 BHK576 ft²₹1.78 Cr—
3 BHK862 ft²₹2.67 Cr—

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 WhatsApp

About Modirealty Asopalav

Location

The address of Modirealty Asopalav is Shankar Lane, Malad West, Mumbai 400067, in the Mumbai Suburban district. Across 632 recent resale listings on MPE, homes in Malad West have a median asking rate of ₹32,500 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, 5% 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 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).

Buyer demand in Malad West

In the last 90 days, buyers and tenants registered 67 requirements for Malad West with Mumbai Property Exchange, 27 of them to buy and 32 specifically for 1, 2 & 3 BHK homes.

Malad West market

prices, rents & rates

Price vs locality

₹31,000
/sqft · Malad West rate-band mid-point ₹42,500
27% below mid-point

Malad West — resale, rent & yield

Resale
₹32,500/sqft
median · 632 listings
Rent
₹95.7/sqft/mo
2 BHK ~₹65,000/mo
Gross yield
3.5%/yr
rent vs resale value

This project is quoted around ₹31,000/sqft — 5% below resale here.

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

Property rates in Malad West

Residential · Sale
₹30,000–55,000/sqft
Commercial · Sale
₹30,000–40,000/sqft
2 BHK · Rent
₹55,000–105,000/mo

Upcoming projects & infrastructure in Malad West

take an informed decision

104 MahaRERA projects are due to hand over in Malad West between 2026 and 2030.

104
MahaRERA projects handing over in the next 5 years
in Malad West
₹33,000/sqft▼
typical asking price
easing this quarter
₹21,600/sqft
ready reckoner rate (government) · carpet
2025-26 · highest govt zone rate in the area, shown per sq ft carpet · stamp duty is charged on the higher of this and the deal value
New projects in Malad West by possession year
6
2026
32
2027
32
2028
22
2029
12
2030
📜 3,171 registered transactions (IGR) on record in Malad 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 ›
Questions about Malad West prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Malad West, 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

Possession (proposed)
Jan 2030
Project status
New
MahaRERA No.
PM1180002502111
Data last updated
Oct 2026
Registered
2026-01-20
Escrow Bank
HDFC BANK
Architect
Mehul
Total FSI
1,674

Buildings · 1 wing

23 units
Modirealty Asopalav · 20 fl · 23 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Neighbourhood around Modirealty Asopalav

Modirealty Asopalav in Malad West is 1.0 km from Kandivali W metro station, 1.0 km from Kandivali railway station, 0.3 km from Savitridevi Hariram Agarwal International School and 0.3 km from Shree Krishna Hospital.

  • Ⓜ Metro stationKandivali W1.0 km
  • Ⓜ Metro stationValnai-Meeth Chowky1.1 km
  • 🚉 Railway stationKandivali1.0 km
  • 🏫 SchoolSavitridevi Hariram Agarwal International School0.3 km
  • 🏫 SchoolSardar Vallabhbhai Patel Vividhlakshi Vidyalaya0.6 km
  • 🏥 HospitalShree Krishna Hospital0.3 km
  • 🏥 HospitalThunga Hospital0.4 km
  • 🎓 CollegeK.E.S Shroff college ground0.5 km
  • 🛍 MallInfiniti Mall1.7 km
  • 🌳 ParkSardar Vallabhai Patel Garden0.2 km

Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →

Construction progress

per MahaRERA
Foundation56%
Structure0%
Finishing0%
Services5%
See all 11 stages ▾
Excavation100%
Plinth100%
Stilt Floor80%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…10%
Basement (if any)0%
External plumbing and external plaster, elevation, completion of terr…0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…0%
Podiums (if any)0%
Sanitary Fittings within the flats / premises0%
Slabs of Super Structure0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …0%

What you pay, and when

an example

This 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).

Due soon after booking~₹53.4 L30%, stages already done
Balance till possession~₹1.25 Crover about 39 months
Stamp duty + GST~₹10.7 L + ₹8.9 L6% + 5%, plus ~₹30,000 registration
  1. ○ Plinth complete45% paid by then
  2. ○ Slabs complete70% paid by then
  3. ○ Walls, plaster & flooring75% paid by then
  4. ○ Sanitary fittings80% paid by then
  5. ○ Staircases, lift wells & lobbies85% paid by then
  6. ○ Lifts, pumps, plumbing & elevation95% paid by then
  7. ○ 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 advisor

Amenities

10
Football TurfGazeboGymnasiumKids Play AreaLandscaped GardenSit-out AreaSky LoungeSolar Panels
+2 more ▾
TempleYoga Room

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.

Resale Flats for Sale in Malad West

4

Flats for Rent in Malad West

3

Commercial for Sale in Malad West

1

Commercial for Lease in Malad West

2

Commercial Projects in Malad West

Compare Modirealty Asopalav with similarly priced projects nearby

MahaRERA projects nearby in Malad West

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 32 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?

104 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.

How far is Modirealty Asopalav from the nearest metro and railway station?

Modirealty Asopalav is about 1.0 km from Kandivali W metro station and 1.0 km from Kandivali railway station (straight-line distance; road distance is longer).

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 2026-10-06). 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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