Vile Parle East · Mumbai
Saraswati Sadan
Vile Parle East · by Lakshmi Builders and Developers
Updated Sep 2026
Vile Parle EastPhotos from the project record · tap to enlarge
A first look at Saraswati Sadan
Saraswati Sadan is a residential project by Lakshmi Builders and Developers in Vile Parle East, Mumbai 400057. It is registered with MahaRERA under P51800026655 (registered 2021-09-08). The project has 12 units across 1 building of up to 8 floors. It offers 2 BHK homes with carpet areas of 514–664 sq ft, priced ₹1.18 Cr–₹1.7 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹44,600 per sq ft. MahaRERA proposed possession: Jul 2024.
Ask an advisor to verify the current project and inventory status.
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 (4)
Saraswati Sadan floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Saraswati Sadan
Location
Saraswati Sadan is located in Vile Parle East, Mumbai 400057, in the Mumbai Suburban district. Across 17 recent resale listings on MPE, homes in Vile Parle East have a median asking rate of ₹33,333 per sq ft, and a 2 BHK typically rents for about ₹92,000 a month.
MahaRERA record
The MahaRERA registration number is P51800026655, issued on 8 September 2021. The filing lists 1 wing: Saraswati Sadan over 8 floors. Per the registration, the architect on record is Md Associates and the project escrow account is with Union Bank Of India.
Homes and prices
Homes on offer are 1½ BHK of 514 sq ft at ₹1.18 Cr; 2 BHK of 664 sq ft at ₹1.7 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹23,000–₹25,600 per sq ft of carpet, 23% 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 80%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Jul 2024.
Developer track record
Lakshmi Builders and Developers has 7 projects tracked on Mumbai Property Exchange, 5 of them delivered (ready or sold out). Other projects by the same developer include Lakshmi Eternia, Lakshmi Solitaire, Prabhat Kunj.
Buyer demand in Vile Parle East
In the last 90 days, buyers and tenants registered 9 requirements for Vile Parle East with Mumbai Property Exchange, 3 of them to buy and 2 specifically for 2 BHK homes.
Developer's description ▾
Vile Parle East market
prices, rents & ratesPrice vs locality
Vile Parle East — resale, rent & yield
This project is quoted around ₹44,588/sqft — 34% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Vile Parle East
Upcoming projects & infrastructure in Vile Parle East
take an informed decision52 MahaRERA projects are due to hand over in Vile Parle East between 2026 and 2030; the nearest upcoming infrastructure to Saraswati Sadan is the Virar-Alibaug Multimodal Corridor, 2.6 km away (approved).
Supply is not evenly spread — one year carries about a third of it.
- 🛣️Virar-Alibaug Multimodal CorridorApproved2.6 km
🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices
Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.
RERA record & possession
Buildings · 1 wing
Location
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 · 664 sq ft at ₹1.70 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% (₹1.27 Cr here), released stage by stage, so your own money is about ₹42.5 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 ₹1.11 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
8Next 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 Vile Parle East
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Flats for Rent in Vile Parle East
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Commercial for Lease in Vile Parle East
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Commercial Projects in Vile Parle East
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Frequently Asked Questions
Where is Saraswati Sadan located?
Saraswati Sadan is in Vile Parle East, Mumbai 400057.
What is the price of Saraswati Sadan?
2 BHK homes are priced ₹1.18 Cr–₹1.7 Cr as on 09 Jul 2026, about ₹44,600 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Saraswati Sadan offer?
1½ BHK – 514 sq ft carpet at ₹1.18 Cr; 2 BHK – 664 sq ft carpet at ₹1.7 Cr.
When is possession of Saraswati Sadan?
As per MahaRERA, proposed possession is Jul 2024.
Is Saraswati Sadan RERA-registered?
Yes — MahaRERA registration P51800026655, registered 2021-09-08.
How many units does Saraswati Sadan have?
MahaRERA records 12 units across 2 buildings, up to 8 floors.
Who is the developer of Saraswati Sadan?
Lakshmi Builders and Developers — 7 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Vile Parle East?
52 MahaRERA-registered projects in Vile Parle East are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Saraswati Sadan?
Virar-Alibaug Multimodal Corridor — approved, 2.6 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.
