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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA P51800051034

Borivali West · Mumbai

Rashmi Celestia

Lokmanya Tilak Road, Babhai Naka, Borivali West · by Modis Navnirman

Updated Oct 2026

Rashmi Celestia by Modis Navnirman, Borivali West, Mumbai — 2, 3 & 4 BHK new project, builder's expected possession Dec 2026, RERA possession Oct 2026 | Mumbai Property Exchange, Sandeep Sadh 98200 30685
Rashmi Celestia, Borivali West · project card by Mumbai Property Exchange
84
Units
2026
Possession
1
Buildings
Certificate Signed
Status

At a glance

swipe →
Price check
₹33,517/sq.ft
₹31,200₹37,800
Within the usual range for homes for sale in Borivali West (107 listings).
Area price trend
₹35,000/sq.ft
+1.9% since Q1 26 · asking rate for homes in Borivali West
Who's looking
55 requests
People asked us for Borivali West in the last 90 days — 24 to buy.
Getting around
  • Borivali-Thane Tunnel1.6 km
  • Line 9 Red (Mira-Bhayandar)3.5 km

A first look at Rashmi Celestia

Rashmi Celestia is a residential project by Modis Navnirman on Lokmanya Tilak Road, Babhai Naka, Borivali West, Mumbai 400092. It is registered with MahaRERA under P51800051034 (registered 2025-09-18). The project has 84 units across 1 building of up to 19 floors. It offers 2, 3 & 4 BHK homes with carpet areas of 719–1,357 sq ft, priced ₹1.68 Cr–₹4.9 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹33,500 per sq ft. MahaRERA proposed possession: Oct 2026.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
2 BHK719 ft²₹1.68 Cr—
2 BHK820 ft²₹3.06 Cr—
3 BHK955 ft²₹3.56 Cr—
4 BHK1357 ft²₹4.9 Cr—

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 WhatsApp
Unit configurations filed with MahaRERA (7)
ConfigurationCarpetIndicative Price
Tenant Shop22–355 ft²₹7 L–₹1.19 Cr
Shop301–409 ft²₹1.01 Cr–₹1.37 Cr
2 BHK719–820 ft²₹2.41 Cr–₹2.75 Cr
3 BHK955 ft²₹3.2 Cr
Tenant600–1,135 ft²₹2.01 Cr–₹3.8 Cr
4 BHK1,135–1,357 ft²₹3.8 Cr–₹4.55 Cr
Commercial790–2,225 ft²₹2.65 Cr–₹7.46 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

Property listings in Rashmi Celestia

For sale

About Rashmi Celestia

Location

Rashmi Celestia stands on Lokmanya Tilak Road, Babhai Naka in Borivali West, Mumbai 400092, in the Mumbai Suburban district. Across 107 recent resale listings on MPE, homes in Borivali West have a median asking rate of ₹34,300 per sq ft.

MahaRERA record

Rashmi Celestia is registered with MahaRERA under P51800051034, dated 18 September 2025. The registered promoter is Modi's Navnirman Limited. The filing lists 1 wing: RASHMI CELESTIA with 84 units over 19 floors. According to MahaRERA, the architect on record is SANJAY SHAH and the project escrow account is with HDFC Bank.

Homes and prices

Homes on offer are 2 BHK of 719–820 sq ft at ₹1.68 Cr–₹3.06 Cr; 3 BHK of 955 sq ft at ₹3.56 Cr; 4 BHK of 1,357 sq ft at ₹4.9 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹23,400–₹37,300 per sq ft of carpet, 9% 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 100%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Oct 2026.

Developer track record

Modis Navnirman has 4 projects tracked on Mumbai Property Exchange.

Buyer demand in Borivali West

In the last 90 days, buyers and tenants registered 55 requirements for Borivali West with Mumbai Property Exchange, 24 of them to buy and 23 specifically for 2, 3 & 4 BHK homes.

Borivali West market

prices, rents & rates

Price vs locality

₹33,517
/sqft · Borivali West rate-band mid-point ₹40,000
16% below mid-point

Borivali West — resale, rent & yield

Resale
₹34,300/sqft
median · 107 listings

This project is quoted around ₹33,517/sqft — 2% below resale here.

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

Property rates in Borivali West

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 West

take an informed decision

168 MahaRERA projects are due to hand over in Borivali West between 2026 and 2030; the nearest upcoming infrastructure to Rashmi Celestia is the Borivali-Thane Tunnel, 1.6 km away (under construction · due 2028).

168
MahaRERA projects handing over in the next 5 years
in Borivali West
₹33,700/sqft▲
typical asking price
rising this quarter
₹15,300/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Borivali West by possession year
16
2026
53
2027
43
2028
33
2029
23
2030
Metro & infrastructure near Rashmi Celestia
  • 🚇Borivali-Thane TunnelUnder construction · due 20281.6 km
  • 🚇Line 9 Red (Mira-Bhayandar)Opened 20263.5 km
Questions about Borivali West prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Borivali 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)
Oct 2026
Project status
New
MahaRERA No.
P51800051034
Data last updated
Oct 2026
Registered
2025-09-18
Escrow Bank
HDFC BANK
Architect
SANJAY SHAH
Total FSI
6,997

Buildings · 1 wing

84 units
RASHMI CELESTIA · 19 fl · 84 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: 3 BHK · 955 sq ft at ₹3.56 Cr (the price recorded above).

Due soon after booking~₹3.38 Cr95%, stages already done
Balance till possession~₹17.8 Las the last stages finish
Stamp duty + GST~₹21.4 L + ₹17.8 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% (₹2.67 Cr here), released stage by stage, so your own money is about ₹89.0 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 ₹2.32 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

23
Swimming PoolKids Play AreaGardenClubhouseIndoor GamesMultipurpose HallMini TheatreGymnasium
+15 more ▾
Jogging TrackYoga RoomSpaSports CourtCCTV24x7 SecurityFire SafetyIntercomGated CommunityPower BackupWater HarvestingParkingVisitor ParkingConcealed WiringConcealed Plumbing

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 Borivali West

3

Flats for Rent in Borivali West

2

Commercial for Sale in Borivali West

1

Commercial for Lease in Borivali West

1

Commercial Projects in Borivali West

Compare Rashmi Celestia with similarly priced projects nearby

MahaRERA projects nearby in Borivali West

Frequently Asked Questions

Where is Rashmi Celestia located?

Rashmi Celestia is on Lokmanya Tilak Road, Babhai Naka, Borivali West, Mumbai 400092.

What is the price of Rashmi Celestia?

2, 3 & 4 BHK homes are priced ₹1.68 Cr–₹4.9 Cr as on 09 Jul 2026, about ₹33,500 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Rashmi Celestia offer?

2 BHK – 719 sq ft carpet at ₹1.68 Cr; 2 BHK – 820 sq ft carpet at ₹3.06 Cr; 3 BHK – 955 sq ft carpet at ₹3.56 Cr; 4 BHK – 1,357 sq ft carpet at ₹4.9 Cr.

When is possession of Rashmi Celestia?

As per MahaRERA, proposed possession is Oct 2026.

Is Rashmi Celestia RERA-registered?

Yes — MahaRERA registration P51800051034, registered 2025-09-18.

How many units does Rashmi Celestia have?

MahaRERA records 84 units across 23 buildings, up to 19 floors.

Who is the developer of Rashmi Celestia?

Modis Navnirman — 4 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Borivali West?

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

What metro and infrastructure is near Rashmi Celestia?

Borivali-Thane Tunnel — under construction · due 2028, 1.6 km away; Line 9 Red (Mira-Bhayandar) — opened 2026, 3.5 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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