Updated Nov 2026
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Rishabraj Phoenix at a glance
Address and what changed, with a date on every line. Last updated 13 Nov 2026.
Key facts
- Address
- Devidas Lane, Borivali West, Mumbai 400103
- PIN code
- 400103
- Developer
- H. Rishabraj Builders and Developers
- Homes
- 3 BHK, 4 BHK, 5 BHK
- Possession
- Feb 2027 (MahaRERA)
- MahaRERA
- P51800033878
Latest on Rishabraj Phoenix
Read: Rishabraj Phoenix: ₹44,180 a sq ft launch against ₹33,333 resale in Borivali West09 Nov 2026
- 13 Nov 2026MahaRERA record re-checked by Mumbai Property Exchange. · MahaRERA
- 09 Jul 2026Prices recorded by our team: 3 BHK of 1,177 sq ft at ₹5.2 Cr; 3 BHK of 850 sq ft at ₹3.76 Cr; 4 BHK of 1,918 sq ft at ₹8.47 Cr. Indicative, may change 5–10%. · Mumbai Property Exchange
- 14 Mar 2022Rishabraj Phoenix registered with MahaRERA as P51800033878, possession declared Feb 2027. · MahaRERA
New · drive before you visit
Drive to Rishabraj Phoenix from your place
See the road from your home or office, the drive time with Mumbai traffic, what you pass on the way — and the street view at the gate.
Rishabraj Phoenix price check and key numbers
swipe →- Borivali-Thane Tunnel1.7 km
- Line 9 Red (Mira-Bhayandar)2.4 km
A first look at Rishabraj Phoenix
Rishabraj Phoenix is a residential project on Devidas Lane, Borivali West, Mumbai 400103. It is registered with MahaRERA under P51800033878 (registered 2022-03-14). The project has 90 units across 1 building of up to 36 floors. It offers 3 & 4 BHK homes with carpet areas of 850–1,918 sq ft, priced ₹3.76 Cr–₹8.47 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹44,200 per sq ft. MahaRERA proposed possession: Feb 2027.
Ask an advisor to verify current developer inventory and price.
Rishabraj Phoenix price list
Approximate figures, to help you understand what a home here would cost. Not a quote — the developer confirms the final price.
Some projects run developer payment schemes — such as 20:80 or subvention plans, flexi payment or launch offers — that change what you pay and when. Ask us which schemes apply →
Last price update: 09 Jul 2026. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them. We can come back to you with the latest price.
Stamp duty, GST and loan figures are estimates for planning, not an offer. All other charges levied by the developer — society formation, share money and membership, legal charges, clubhouse and amenities, advance (ad hoc) maintenance, property taxes and similar — are extra.
Ask for the latest priceAreas filed by the developer in MahaRERA (3)
Our view on Rishabraj Phoenix
Mumbai Property Exchange advisoryRishabraj Phoenix by H. Rishabraj Builders and Developers in Borivali West is quoted at about ₹44,000 per sq ft of carpet, with possession per MahaRERA due Feb 2027. That is about 31% above what resale homes in Borivali West ask (about ₹33,600).
Who it suits
Buyers who want a new home in Borivali West soon — possession is due in Feb 2027.
The price, in context
Among the Borivali West new launches in the table below, it is the highest by quoted rate. New launches usually ask a premium over resale for a new building and amenities; at 31% this one's premium is high.
What we would check before you commit
The latest price list, the payment plan against possession in Feb 2027, the floor and view of the unit, and parking. Our team checks these with the developer for you.
Borivali West new launches, by quoted rate
| Project | Rate / sq ft | Possession |
|---|---|---|
| Rishabraj Phoenix | ₹44,000 | Feb 2027 |
| Rita Palace | ₹42,000 | Dec 2028 |
| Kalpataru Advay | ₹41,900 | Oct 2030 |
| Ipsit Anand Mangal | ₹41,500 | Apr 2028 |
| Fortune Avirahi | ₹41,300 | Dec 2022 |
| Ganapati Baug CHSL | ₹40,500 | May 2028 |
Quoted rates as recorded by Mumbai Property Exchange, Oct 2026; possession dates per MahaRERA where filed. Indicative — confirm with our team.
About Rishabraj Phoenix
Location
Rishabraj Phoenix is located on Devidas Lane, Borivali West (Mumbai 400103), in the Mumbai Suburban district. Across 176 recent resale listings on MPE, homes in Borivali West have a median asking rate of ₹33,300 per sq ft, and a 2 BHK typically rents for about ₹68,000 a month.
MahaRERA record
The MahaRERA registration number is P51800033878, issued on 14 March 2022. The registered promoter is Rishabraj Estate Developers Pvt. Ltd.. The filing lists 1 wing: RISHABRAJ PHOENIX with 90 units over 36 floors. Per the registration, the architect on record is Shilp Associates and the project escrow account is with HDFC Bank.
Homes and prices
Configurations recorded are 3 BHK of 850–1,177 sq ft at ₹3.76 Cr–₹5.2 Cr; 4 BHK of 1,918 sq ft at ₹8.47 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹44,200 per sq ft of carpet, 33% above the locality's resale median. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them.
Construction and possession
The latest MahaRERA progress report shows foundation at 100%, structure at 100%, finishing at 58%, services at 85%. Proposed possession is Feb 2027.
Developer track record
H. Rishabraj Builders and Developers has 40 projects tracked on Mumbai Property Exchange, 25 of them delivered (ready or sold out). Other projects by the same developer include Hrishabraj Trident, Rishabraj Arham, Rishabraj Pooja.
Buyer demand in Borivali West
In the last 90 days, buyers and tenants registered 63 requirements for Borivali West with Mumbai Property Exchange, 30 of them to buy and 16 specifically for 3 & 4 BHK homes.
Borivali West market
prices, rents & ratesPrice vs locality
Borivali West — resale, rent & yield
This project is quoted around ₹44,180/sqft — 33% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Borivali West
Upcoming projects & infrastructure in Borivali West
take an informed decision175 MahaRERA projects are due to hand over in Borivali West between 2026 and 2030; the nearest upcoming infrastructure to Rishabraj Phoenix is the Borivali-Thane Tunnel, 1.7 km away (under construction · due 2028).
- 🚇Borivali-Thane TunnelUnder construction · due 20281.7 km
- 🚇Line 9 Red (Mira-Bhayandar)Opened 20262.4 km
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.
Rishabraj Phoenix MahaRERA number and possession date
Rishabraj Phoenix towers and phases
1 wing · 90 unitsRishabraj Phoenix address and location
Neighbourhood around Rishabraj Phoenix
Rishabraj Phoenix in Borivali West is 0.5 km from Eksar metro station, 1.5 km from Dahisar railway station, 0.2 km from ST Lawrence High School and 0.5 km from Karuna Hospital.
- Ⓜ Metro stationEksar0.5 km
- Ⓜ Metro stationMandapeshwar - I.C. Colony1.0 km
- 🚉 Railway stationDahisar1.5 km
- 🏫 SchoolST Lawrence High School0.2 km
- 🏫 SchoolMary Immaculate Girls Primary School0.5 km
- 🏥 HospitalKaruna Hospital0.5 km
- 🏥 HospitalChandra Maternity Hospital0.6 km
- 🎓 CollegeGokhale College1.5 km
- 🛍 MallGoyal Shopping Centre1.5 km
- 🌳 ParkBMC Park0.3 km
Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →
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: 3 BHK · 1177 sq ft at ₹5.20 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% (₹3.90 Cr here), released stage by stage, so your own money is about ₹1.30 Cr plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹3.38 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 declared to MahaRERA
7Members' lens
The developer's full amenity list, views and home features
From the builder's brochure and the homes we have listed here. The list above is what was declared to MahaRERA.
Members only · one-time WhatsApp code · no spam
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
More by H. Rishabraj Builders and Developers
Compare Rishabraj Phoenix with similarly priced projects nearby
MahaRERA projects nearby in Borivali West
Frequently Asked Questions
Is Rishabraj Phoenix good value compared with other Borivali West homes?
It is quoted at about ₹44,000 per sq ft, about 31% above the Borivali West resale median of about ₹33,600. Prices are indicative; our team can confirm the latest.
Where is Rishabraj Phoenix located?
Rishabraj Phoenix is on Devidas Lane, Borivali West, Mumbai 400103.
What is the price of Rishabraj Phoenix?
3 & 4 BHK homes are priced ₹3.76 Cr–₹8.47 Cr as on 09 Jul 2026, about ₹44,200 per sq ft. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them.
What configurations and carpet areas does Rishabraj Phoenix offer?
3 BHK – 850 sq ft carpet at ₹3.76 Cr; 3 BHK – 1,177 sq ft carpet at ₹5.2 Cr; 4 BHK – 1,918 sq ft carpet at ₹8.47 Cr.
When is possession of Rishabraj Phoenix?
As per MahaRERA, proposed possession is Feb 2027.
Is Rishabraj Phoenix RERA-registered?
Yes — MahaRERA registration P51800033878, registered 2022-03-14.
How many units does Rishabraj Phoenix have?
MahaRERA records 90 units across 1 building, up to 36 floors.
Who is the developer of Rishabraj Phoenix?
H. Rishabraj Builders and Developers — 40 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Borivali West?
175 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 Rishabraj Phoenix?
Borivali-Thane Tunnel — under construction · due 2028, 1.7 km away; Line 9 Red (Mira-Bhayandar) — opened 2026, 2.4 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.
How far is Rishabraj Phoenix from the nearest metro and railway station?
Rishabraj Phoenix is about 0.5 km from Eksar metro station and 1.5 km from Dahisar railway station (straight-line distance; road distance is longer).
