Ghatkopar West · Mumbai
Neelyog Aarana
Laxminarayan Lane, Ghatkopar West · by Neelyog Builders Pvt. Ltd.
Updated Oct 2026
Ghatkopar WestPhotos from the project record · tap to enlarge
A first look at Neelyog Aarana
Neelyog Aarana is a residential project on Laxminarayan Lane, Ghatkopar West, Mumbai 400086. It is registered with MahaRERA under P51800053483 (registered 2023-11-06). The project has 152 units across 1 building of up to 20 floors. It offers 1, 2 & 3 BHK homes with carpet areas of 419–850 sq ft, priced ₹1.01 Cr–₹2.04 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹24,100 per sq ft. MahaRERA proposed possession: Jun 2028.
Ask an advisor to verify current developer inventory and price.
Availability & Pricing
Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.
💬 Request latest price on WhatsAppUnit configurations filed with MahaRERA (7)
About Neelyog Aarana
Location
Neelyog Aarana is located on Laxminarayan Lane, Ghatkopar West (Mumbai 400086), in the Mumbai Suburban district. Across 41 recent resale listings on MPE, homes in Ghatkopar West have a median asking rate of ₹38,400 per sq ft, and a 2 BHK typically rents for about ₹80,000 a month.
MahaRERA record
The MahaRERA registration number is P51800053483, issued on 6 November 2023. The registered promoter is Neelyog Builders Private Limited. The filing lists 1 wing: Zaver Sadan A to D Wing with 152 units over 20 floors. Per the registration, the architect on record is Samoon & Associates and the project escrow account is with HDFC Bank.
Homes and prices
Configurations recorded are 1 BHK of 419 sq ft at ₹1.01 Cr; 2 BHK of 619 sq ft at ₹1.49 Cr; 3 BHK of 850 sq ft at ₹2.04 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹24,000–₹24,100 per sq ft of carpet, 37% 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 94%, structure at 93%, finishing at 56%, services at 60%. Proposed possession is Jun 2028.
Developer track record
Neelyog Builders Pvt. Ltd. has 10 projects tracked on Mumbai Property Exchange, 8 of them delivered (ready or sold out). Other projects by the same developer include Neelyog Aawas, Neelyog Aashiyana II, Neelyog Regent.
Buyer demand in Ghatkopar West
In the last 90 days, buyers and tenants registered 11 requirements for Ghatkopar West with Mumbai Property Exchange, 2 of them to buy and 5 specifically for 1, 2 & 3 BHK homes.
Ghatkopar West market
prices, rents & ratesPrice vs locality
Ghatkopar West — resale, rent & yield
This project is quoted around ₹24,059/sqft — 37% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Ghatkopar West
Upcoming projects & infrastructure in Ghatkopar West
take an informed decision10 MahaRERA projects are due to hand over in Ghatkopar West between 2027 and 2031; the nearest upcoming infrastructure to Neelyog Aarana is the Line 4 Green, 0.2 km away (under construction · due 2027).
Supply is not evenly spread — one year carries almost half of it.
- 🚇Line 4 GreenUnder construction · due 20270.2 km
- 🚇Line 6 PinkUnder construction · due 20273.0 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Ghatkopar 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
152 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 · 619 sq ft at ₹1.49 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% (₹1.12 Cr here), released stage by stage, so your own money is about ₹37.2 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 ₹97,000/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
12+4 more ▾
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 Ghatkopar West
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Flats for Rent in Ghatkopar West
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Frequently Asked Questions
Where is Neelyog Aarana located?
Neelyog Aarana is on Laxminarayan Lane, Ghatkopar West, Mumbai 400086.
What is the price of Neelyog Aarana?
1, 2 & 3 BHK homes are priced ₹1.01 Cr–₹2.04 Cr as on 09 Jul 2026, about ₹24,100 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Neelyog Aarana offer?
1 BHK – 419 sq ft carpet at ₹1.01 Cr; 2 BHK – 619 sq ft carpet at ₹1.49 Cr; 3 BHK – 850 sq ft carpet at ₹2.04 Cr.
When is possession of Neelyog Aarana?
As per MahaRERA, proposed possession is Jun 2028.
Is Neelyog Aarana RERA-registered?
Yes — MahaRERA registration P51800053483, registered 2023-11-06.
How many units does Neelyog Aarana have?
MahaRERA records 152 units across 5 buildings, up to 20 floors.
Who is the developer of Neelyog Aarana?
Neelyog Builders Pvt. Ltd. — 10 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Ghatkopar West?
10 MahaRERA-registered projects in Ghatkopar West are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Neelyog Aarana?
Line 4 Green — under construction · due 2027, 0.2 km away; Line 6 Pink — under construction · due 2027, 3.0 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.
