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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
SOLD OUTCompleted/historical project — current inventory unconfirmedMahaRERA P51800028408

Borivali East · Mumbai

Monarch Kitkat

Kasturba Road, Borivali East · by Monarch Group

Updated Oct 2026

35
Units
2025
Possession
1
Buildings
Certificate Signed
Status
SOLD OUT
Monarch Kitkat is sold out by the developer.We can check resale and rental flats in this building for you.
See resale & lease in this building →

A first look at Monarch Kitkat

Monarch Kitkat is a residential project on Kasturba Road, Borivali East, Mumbai 400066. It is registered with MahaRERA under P51800028408 (registered 2021-09-08). Monarch Kitkat is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 35 units across 1 building of up to 14 floors. It offers 2 BHK homes with carpet areas of 639–730 sq ft. MahaRERA proposed possession: Aug 2025.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Unit configurations filed with MahaRERA (2)
ConfigurationCarpetIndicative Price
1 BHK440–477 ft²₹1.19 Cr–₹1.29 Cr
2 BHK603–643 ft²₹1.63 Cr–₹1.73 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

Monarch Kitkat floor plans

2
Monarch Kitkat, Borivali East — floor plan 1Monarch Kitkat, Borivali East — floor plan 2

Floor plans are indicative, as shared by the developer, and subject to change.

About Monarch Kitkat

Location

Monarch Kitkat stands on Kasturba Road in Borivali East, Mumbai 400066, in the Mumbai Suburban district. Across 310 recent resale listings on MPE, homes in Borivali East have a median asking rate of ₹36,800 per sq ft, and a 2 BHK typically rents for about ₹64,000 a month.

MahaRERA record

The MahaRERA registration number is P51800028408, issued on 8 September 2021. The registered promoter is Monarch Construction. The filing lists 1 wing: MONARCH KITKAT over 14 floors. Per the registration, the architect on record is Rasik P Hingoo and the project escrow account is with AU Small Finance Bank Ltd.

Homes and prices

Homes on offer are 2 BHK of 639–730 sq ft at ₹1.72 Cr–₹1.97 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹26,900–₹27,000 per sq ft of carpet, 27% 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 100%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Aug 2025.

Developer track record

Monarch Group has 12 projects tracked on Mumbai Property Exchange, 12 of them delivered (ready or sold out). Other projects by the same developer include Monarch Trinity, Monarch Westview, Monarch Shree Dutta Digambar.

Buyer demand in Borivali East

In the last 90 days, buyers and tenants registered 21 requirements for Borivali East with Mumbai Property Exchange, 10 of them to buy and 7 specifically for 2 BHK homes.

Developer's description ▾
Monarch Kitkat is a residential project developed by Monarch Group. This project enjoys close proximity to hospitals, banks, schools, railway stations, and temples, making it convenient for residents. It offers easy access to different parts of Mumbai. Situated in Borivali East, the location of Monarch Kitkat offers various advantages. It is a well-established area with a range of amenities and services nearby. Residents will find hospitals, banks, schools, railway stations, and temples in close proximity, making their daily lives more convenient. With easy access to different parts of Mumbai, residents can enjoy seamless connectivity. It consists of a 13-storey tower offering 1,2 and 1+1 BHK jodi Residences. Monarch Kitkat provides a range of exclusive amenities for residents to enjoy. These include a rooftop garden, a spacious gymnasium/amenity area spanning 1100 sq ft, EV charging points, automated elevators, and a dedicated corner for senior citizens.The Project is nearing possession.

Borivali East market

prices, rents & rates

Price vs locality

₹26,950
/sqft · Borivali East rate-band mid-point ₹40,000
33% below mid-point

Borivali East — resale, rent & yield

Resale
₹36,800/sqft
median · 310 listings
Rent
₹100.0/sqft/mo
2 BHK ~₹64,000/mo
Gross yield
3.3%/yr
rent vs resale value

This project is quoted around ₹26,950/sqft — 27% below resale here.

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

Property rates in Borivali East

Residential · Sale
₹30,000–50,000/sqft
Commercial · Sale
₹30,000–45,000/sqft
2 BHK · Rent
₹65,000–90,000/mo

Upcoming projects & infrastructure in Borivali East

take an informed decision

73 MahaRERA projects are due to hand over in Borivali East between 2026 and 2030; the nearest upcoming infrastructure to Monarch Kitkat is the Borivali-Thane Tunnel, 0.4 km away (under construction · due 2028).

73
MahaRERA projects handing over in the next 5 years
in Borivali East
₹41,000/sqft▲
typical asking price
rising this quarter
₹16,000/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Borivali East by possession year
7
2026
24
2027
18
2028
18
2029
6
2030
Metro & infrastructure near Monarch Kitkat
  • 🚇Borivali-Thane TunnelUnder construction · due 20280.4 km
  • 🚇Line 9 Red (Mira-Bhayandar)Opened 20262.8 km
📜 4,992 registered transactions (IGR) on record in Borivali East. 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 Borivali East prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Borivali East, 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)
Aug 2025
Project status
New
MahaRERA No.
P51800028408
Data last updated
Oct 2026
Registered
2021-09-08
Escrow Bank
AU SMALL FINANCE BANK LIMITED
Architect
Rasik P Hingoo
Total FSI
7,539

Buildings · 1 wing

MONARCH KITKAT · 14 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation100%
Structure100%
Finishing100%
Services100%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Podiums (if any)100%
Sanitary Fittings within the flats / premises100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%

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 · 642 sq ft at ₹1.73 Cr (the price recorded above).

Due soon after booking~₹1.64 Cr95%, stages already done
Balance till possession~₹8.7 Las the last stages finish
Stamp duty + GST~₹10.4 L + ₹8.7 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% (₹1.30 Cr here), released stage by stage, so your own money is about ₹43.2 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 ₹1.13 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

8
Electrical meter room, sub-station, r…Fire protection and fire safety requi…Landscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water DrainsWater SupplyWater conservation /Rain water harvesting

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

Resale Flats for Sale in Borivali East

4

Flats for Rent in Borivali East

4

Commercial for Sale in Borivali East

1

Commercial for Lease in Borivali East

1

Commercial Projects in Borivali East

More by Monarch Group

MahaRERA projects nearby in Borivali East

Frequently Asked Questions

Where is Monarch Kitkat located?

Monarch Kitkat is on Kasturba Road, Borivali East, Mumbai 400066.

What is the price of Monarch Kitkat?

Monarch Kitkat is sold out by the developer; ask MPE for resale or rental flats in this building.

What configurations and carpet areas does Monarch Kitkat offer?

2 BHK – 639 sq ft carpet; 2 BHK – 642 sq ft carpet; 2 BHK – 730 sq ft carpet.

When is possession of Monarch Kitkat?

As per MahaRERA, proposed possession is Aug 2025.

Is Monarch Kitkat RERA-registered?

Yes — MahaRERA registration P51800028408, registered 2021-09-08.

How many units does Monarch Kitkat have?

MahaRERA records 35 units across 7 buildings, up to 14 floors.

Who is the developer of Monarch Kitkat?

Monarch Group — 12 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Borivali East?

73 MahaRERA-registered projects in Borivali East are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Monarch Kitkat?

Borivali-Thane Tunnel — under construction · due 2028, 0.4 km away; Line 9 Red (Mira-Bhayandar) — opened 2026, 2.8 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.

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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