Kandivali West · Mumbai
Neelayalam
Kandivali West · by Sapriya Developers
Registered project name
Kandivali Neelayalam Co Op Housing Society LtdUpdated Oct 2026
Kandivali WestPhotos from the project record · tap to enlarge
At a glance
swipe →A first look at Neelayalam
Neelayalam is a residential project by Sapriya Developers in Kandivali West, Mumbai 400067. It is registered with MahaRERA under P51800034690 (registered 2022-04-20). Neelayalam is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 14 units across 1 building of up to 10 floors. It offers 1 & 2 BHK homes with carpet areas of 440–703 sq ft. MahaRERA proposed possession: Dec 2025.
Ask an advisor to check current resale or rental availability.
Unit configurations filed with MahaRERA (3)
About Neelayalam
Location
Neelayalam is located in Kandivali West, Mumbai 400067, in the Mumbai Suburban district. Across 427 recent resale listings on MPE, homes in Kandivali West have a median asking rate of ₹30,100 per sq ft, and a 2 BHK typically rents for about ₹60,000 a month.
MahaRERA record
The MahaRERA registration number is P51800034690, issued on 20 April 2022. The filing lists 1 wing: Kandivali Neelayalam Co op Housing Society Ltd over 10 floors. Per the registration, the architect on record is V M Associates and the project escrow account is with Bharat Cooperative Bank Mumbai Ltd.
Homes and prices
The price list covers 1 BHK of 440 sq ft at ₹1.36 Cr; 2 BHK of 703 sq ft at ₹2.17 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹30,900 per sq ft of carpet, 3% 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 78%, structure at 100%, finishing at 97%, services at 100%. Proposed possession is Dec 2025.
Developer track record
Sapriya Developers has 2 projects tracked on Mumbai Property Exchange, 2 of them delivered (ready or sold out). Other projects by the same developer include Sudhanshu Society.
Buyer demand in Kandivali West
In the last 90 days, buyers and tenants registered 47 requirements for Kandivali West with Mumbai Property Exchange, 21 of them to buy and 21 specifically for 1 & 2 BHK homes.
Developer's description ▾
Kandivali West market
prices, rents & ratesPrice vs locality
Kandivali West — resale, rent & yield
This project is quoted around ₹30,888/sqft — 3% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Kandivali West
Upcoming projects & infrastructure in Kandivali West
take an informed decision80 MahaRERA projects are due to hand over in Kandivali West between 2026 and 2030.
Supply is not evenly spread — one year carries about a third of it.
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Kandivali 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
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 · 703 sq ft at ₹2.17 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% (₹1.63 Cr here), released stage by stage, so your own money is about ₹54.2 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 ₹1.41 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
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💬 Ask about resale or rental optionsResale Flats for Sale in Kandivali West
4
Flats for Rent in Kandivali West
4
Commercial for Sale in Kandivali West
1
Commercial Projects in Kandivali West
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Frequently Asked Questions
Where is Neelayalam located?
Neelayalam is in Kandivali West, Mumbai 400067.
What is the price of Neelayalam?
Neelayalam is sold out by the developer; ask MPE for resale or rental flats in this building.
What configurations and carpet areas does Neelayalam offer?
1 BHK – 440 sq ft carpet; 2 BHK – 703 sq ft carpet.
When is possession of Neelayalam?
As per MahaRERA, proposed possession is Dec 2025.
Is Neelayalam RERA-registered?
Yes — MahaRERA registration P51800034690, registered 2022-04-20.
How many units does Neelayalam have?
MahaRERA records 14 units across 21 buildings, up to 10 floors.
Who is the developer of Neelayalam?
Sapriya Developers — 2 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Kandivali West?
80 MahaRERA-registered projects in Kandivali 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.
