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Reema Terrace

Ready building · resale & lease in Borivali West

Borivali West, Shimpoli Road

Sold Out Residential

Quick facts

Price
₹7,500/sq.ft
Status
Sold Out
Floors
10
Type
Residential
Zone Avg Rate
₹30,761/sq.ft · 375 projects
Developer
Karnani Group
Location
Borivali West, Shimpoli Road

At a glance

swipe →
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 Tunnel2.0 km

A first look at Reema Terrace

Reema Terrace is a ready residential building by Karnani Group on Shimpoli Road, Borivali West, Mumbai. The building has 10 floors. It has 2 BHK flats. The indicative rate is about ₹7,500 per sq ft.

Completed/historical project — current inventory unconfirmed

Ask an advisor to check current resale or rental availability.

No flats listed in Reema Terrace right now

Ask us to watch this building for you. Projects still selling in Borivali West:

Building overview

Location

Reema Terrace is located on Shimpoli Road, Borivali West, Mumbai. Across 106 recent resale listings on MPE, homes in Borivali West have a median asking rate of ₹34,300 per sq ft. Reema Terrace is quoted around ₹7,500 per sq ft, 78% below that median.

Building facts

Reema Terrace is a residential building by Karnani Group with 10 floors, sold out. Amenities on record include High speed elevators, Imported Sanitary Fittings, POP finished walls.

Configurations and prices

The price list covers 2 BHK (carpet area). Prices are indicative and should be reconfirmed before booking.

Developer track record

Karnani Group has 3 projects tracked on Mumbai Property Exchange. Other projects by the same developer include Ambika City, Reema Residency.

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 10 specifically for 2 BHK homes.

Location
Borivali West
Sub-Location
Shimpoli Road
Status
Sold Out
Rate
₹7,500/sqft
Type
Residential
Floors
10

How prices stack up in Borivali West

From MPE live listings · your own data
Resale
₹34,300/sq.ft
median · 106 listings

Government circle rate here is ₹15,348/sq.ft — the market trades 123% above the official rate. Ready reckoner rates ›

Medians from MPE listings over the last 18 months. See the Mumbai price index ›

MPE insight
Timing can matter as much as location
Mumbai is supply-constrained, so the best pricing and unit choice often go early — well before the launch advertising. If you’re serious about a project, it pays to know where it is in its cycle. Read the guide ›
Ask MPE on WhatsApp

Building description

Building details

About the building

About the location

📈 Rate history

Quoted rates for this building, from MPE’s own records:

₹4,2502006₹5,5002007₹7,5002026 (now)

Dashed segment = no recorded quotes between; see the table for the actual data points.

YearRate (₹/sqft)
2006₹4,250
2007₹5,500
2026 (current)₹7,500

₹4,250/sqft in 2006 to ₹7,500/sqft in 2026 — 2.9% a year over 20 years.

🗺️ Proximity & Distances

✈️
Airport
45 min
🚆
Railway Station
15 min

Building ratings

2.0
★ ★ ☆ ☆ ☆
Building
4.0
★ ★ ★ ★ ☆
Location
4.0
★ ★ ★ ★ ☆
Amenities
4.0
★ ★ ★ ★ ☆
Legal
4.0
★ ★ ★ ★ ☆
Value for Money

📈 Price History

🏊 Amenities & Features (3 amenities)

Common (1)
🏢 High speed elevators
Interior (2)
🏠 Imported Sanitary Fittings🏠 POP finished walls

🧭 Building Compass

How far is Reema Terrace from your daily life? Add your anchors to see commute times.

🧮 Financial Tools

💰 EMI Calculator

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Monthly EMI
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Loan Amount
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Total Interest

🔄 Rent vs Buy

Should you rent or buy in Borivali West? Compare monthly costs.

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Monthly Rent Cost
—
Monthly Buy Cost (EMI)

📍 Reema Terrace location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Upcoming projects & infrastructure in Borivali West

168 MahaRERA projects are due to hand over in Borivali West between 2026 and 2030; the nearest upcoming infrastructure to Reema Terrace is the Borivali-Thane Tunnel, 2.0 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

Supply is not evenly spread — one year carries about a third of it.

Metro & infrastructure near Reema Terrace
  • 🚇Borivali-Thane TunnelUnder construction · due 20282.0 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.

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.

Frequently Asked Questions

Where is Reema Terrace located?

Reema Terrace is on Shimpoli Road, Borivali West, Mumbai.

Are flats available in Reema Terrace right now?

No flats are listed in Reema Terrace on Mumbai Property Exchange at the moment. Ask an advisor to be alerted when one comes up.

What configurations does Reema Terrace have?

Reema Terrace has 2 BHK flats.

Who is the developer of Reema Terrace?

Karnani Group, with 3 projects tracked on Mumbai Property Exchange.

What configurations are available at Reema Terrace?

Reema Terrace offers 2 BHK configurations.

What is the price per sq.ft. at Reema Terrace?

The last known price per sq.ft. at Reema Terrace was ₹7500 (historical; project is sold out/delivered).

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 Reema Terrace?

Borivali-Thane Tunnel — under construction · due 2028, 2.0 km away. Timelines are as announced and can change.

What amenities are available at Reema Terrace?

Reema Terrace offers amenities including High speed elevators, Imported Sanitary Fittings, POP finished walls, and more.

📊 Property Rates in Borivali West

₹7,500/sqft
This Project Rate
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🏘️ Properties in Borivali West

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Sandeep Sadh, founder of Mumbai Property Exchange
Advice from Sandeep Sadh, founder of Mumbai Property Exchange — in Mumbai real estate since 1995.
MahaRERA registered agent A51800043517 · independent advice on new projects, resale and leasing
Ask on WhatsApp
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 2026-03-06). 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.

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