✓ MahaRERA P51800034690RERA: no litigation reported

Neelayalam

Sapriya Developers

Registered MahaRERA name: Kandivali Neelayalam Co Op Housing Society Ltd

📍 Kandivali West, Mumbai Suburban · 400067

Units

2024

Possession

Buildings

Certificate Signed

Status

Completed/historical project — current inventory unconfirmed

Ask an advisor to check current resale or rental availability.

Source stage: Sold Out · mapped resale: 0 · mapped rental: 0 · primary status: recorded

Pooja Batra · Senior Advisor

Mumbai Property Exchange · MahaRERA-registered since 2017

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Overview

Neelayalam by Sapriya is a thoughtfully designed residential development that blends modern architecture with everyday comfort. Offering spacious and well-planned homes, the project is crafted to maximize natural light, ventilation, and convenience for families. With premium lifestyle amenities, secure surroundings, and excellent connectivity to schools, healthcare, shopping hubs, and transport facilities, Neelayalam ensures a balanced urban lifestyle. Backed by the trust and quality of Sapriya, it presents an ideal opportunity for homebuyers seeking comfort, value, and long-term investment in a prime location.

₹

Price vs Locality

₹30,888

/sqft · locality avg ₹37,500

18% below avg

₹

Kandivali West — resale, rent & yield

Resale

₹25,373/sqft

median · 34 listings

Rent

₹75.8/sqft/mo

2 BHK ~₹60,000/mo

Gross yield

3.6%/yr

rent vs resale value

This project is quoted around ₹30,888/sqft — 22% above resale here.

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

Possession Timeline

Proposed

Mar 2024

Status

New

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price

Shop109 ft²₹34 L

1 BHK438–440 ft²₹1.35 Cr–₹1.36 Cr

2 BHK703 ft²₹2.17 Cr

Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).

💬 Verify current inventory with an advisor

RERA Trust Record

MahaRERA No.

P51800034690

Registered

2022-04-20

Litigation

No reported in source

Escrow Bank

BHARAT COOPERATIVE BANK MUMBAI LIMITED

Architect

V M Associates

Total FSI

1296

Buildings · 1 Wing(s)

Kandivali Neelayalam Co Op Housing Society Ltd10 floors · — units

Land DNA · Genesis

Redevelopment / SRA / MHADA / MMRDA / Freehold — provenance from MPE's verification layer. The genesis no portal shows.

Location

📍 Kandivali West
19.123710000000000,72.501510000000000

▸ Explore map & Street View — for verified buyers

Promoter & Professionals

Sapriya DevelopersNA

Availability & Pricing

TypeCarpetPriceAvail

1 BHK440 ft²₹1.36 Cr—

2 BHK703 ft²₹2.17 Cr—

Construction Progress

89% avg

Basement (if any)100%

Excavation100%

External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.100%

Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.100%

Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%

Plinth100%

Slabs of Super Structure100%

Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%

Sanitary Fittings within the flats / premises90%

Stilt Floor 90%

Podiums (if any) 0%

Amenities

Electrical Meter Room, Sub-Station, Receiving StationFire Protection And Fire Safety RequirementsSewerage (Chamber, Lines, Septic Tank , STP)Solid Waste Management And DisposalStorm Water DrainsWater Conservation, Rain water HarvestingWater SupplyWater conservation /Rain water harvesting