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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
SOLD OUTResale and rental stock live in this buildingMahaRERA P51800034980

Borivali East · Mumbai

Shiv Lilam

Rajendra Nagar Road, Mhatre Wadi, Borivali East · by Navkarmik Infra

Updated Oct 2026

51
Units
2025
Possession
1
Buildings
Certificate Signed
Status
SOLD OUT
Shiv Lilam is sold out by the developer.Resale and rental flats in this building are listed below.
See resale & lease in this building →

At a glance

swipe →
Area price trend
₹33,500/sq.ft
-19.6% since Q1 26 · asking rate for homes in Borivali East
Who's looking
24 requests
People asked us for Borivali East in the last 90 days — 12 to buy.
Getting around
  • Borivali-Thane Tunnel0.4 km
  • Line 9 Red (Mira-Bhayandar)2.7 km

A first look at Shiv Lilam

Shiv Lilam is a residential project by Navkarmik Infra on Rajendra Nagar Road, Mhatre Wadi, Borivali East, Mumbai 400068. It is registered with MahaRERA under P51800034980 (registered 2022-04-28). Shiv Lilam is sold out by the developer — resale flats here are listed from ₹1.12 Cr. The project has 51 units across 1 building of up to 24 floors. It offers 2 BHK homes with carpet areas of 618 sq ft. MahaRERA proposed possession: Mar 2025.

Resale and rental stock live in this building.

2 for sale in this building right now, listed below.

Unit configurations filed with MahaRERA (4)
ConfigurationCarpetIndicative Price
Shop142–365 ft²₹42 L–₹1.09 Cr
1 BHK351–415 ft²₹1.05 Cr–₹1.24 Cr
2 BHK604–606 ft²₹1.8 Cr–₹1.8 Cr
Office Space2,044–2,104 ft²₹6.09 Cr–₹6.26 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 Shiv Lilam

For sale

Shiv Lilam floor plans

2
Shiv Lilam, Borivali East — floor plan 1Shiv Lilam, Borivali East — floor plan 2

Floor plans are indicative, as shared by the developer, and subject to change.

About Shiv Lilam

Location

The address of Shiv Lilam is Rajendra Nagar Road, Mhatre Wadi, Borivali East, Mumbai 400068, in the Mumbai Suburban district. Across 339 recent resale listings on MPE, homes in Borivali East have a median asking rate of ₹36,800 per sq ft, and a 2 BHK typically rents for about ₹64,000 a month.

MahaRERA record

Shiv Lilam is registered with MahaRERA under P51800034980, dated 28 April 2022. The registered promoter is Navkarmik Infra & Development Private Limited. The filing lists 1 wing: SHIV LILAM over 24 floors. According to MahaRERA, the architect on record is Abhijit Udani and the project escrow account is with HDFC Bank.

Homes and prices

The price list covers 2 BHK of 618 sq ft at ₹1.84 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹29,800 per sq ft of carpet, 19% 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 86%, finishing at 42%, services at 40%. Proposed possession is Mar 2025.

Developer track record

Navkarmik Infra has 5 projects tracked on Mumbai Property Exchange, 3 of them delivered (ready or sold out). Other projects by the same developer include Shiv Palace , Shiv Laj, Shiv Sham Niketan.

Buyer demand in Borivali East

In the last 90 days, buyers and tenants registered 24 requirements for Borivali East with Mumbai Property Exchange, 12 of them to buy and 7 specifically for 2 BHK homes.

Developer's description ▾
Shiv Lilam is a Project by Navkarmik Infra. It is located at Borivali East. 1 mins from Borivali East Station and 5 minutes from Upcoming Oberoi mall. Also close proximity to all the daily needs and requirements. It is a 20 storey tower with 1,2 and 3 BHK Residences. Has more than 25 amenities and sky garden of 6000 sq.ft. on 4th floor podium. It is a RERA approved project.

Borivali East market

prices, rents & rates

Price vs locality

₹29,773
/sqft · Borivali East rate-band mid-point ₹40,000
26% below mid-point

Borivali East — resale, rent & yield

Resale
₹36,800/sqft
median · 339 listings
Rent
₹119.8/sqft/mo
2 BHK ~₹64,000/mo
Gross yield
3.9%/yr
rent vs resale value

This project is quoted around ₹29,773/sqft — 19% below resale here.

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

Property rates in Borivali East

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 East

take an informed decision

73 MahaRERA projects are due to hand over in Borivali East between 2026 and 2030; the nearest upcoming infrastructure to Shiv Lilam is the Borivali-Thane Tunnel, 0.4 km away (under construction · due 2028).

73
MahaRERA projects handing over in the next 5 years
in Borivali East
₹41,300/sqft▲
typical asking price
rising this quarter
₹16,000/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Borivali East by possession year
7
2026
24
2027
19
2028
18
2029
5
2030
Metro & infrastructure near Shiv Lilam
  • 🚇Borivali-Thane TunnelUnder construction · due 20280.4 km
  • 🚇Line 9 Red (Mira-Bhayandar)Opened 20262.7 km
📜 4,992 registered transactions (IGR) on record in Borivali East. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Borivali East prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Borivali East, 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)
Mar 2025
Project status
New
MahaRERA No.
P51800034980
Data last updated
Oct 2026
Registered
2022-04-28
Escrow Bank
HDFC BANK
Architect
Abhijit Udani
Total FSI
4,570

Buildings · 1 wing

SHIV LILAM · 24 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation80%
Structure86%
Finishing42%
Services40%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Podiums (if any)100%
Slabs of Super Structure86%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…60%
External plumbing and external plaster, elevation, completion of terr…50%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …50%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…30%
Sanitary Fittings within the flats / premises15%
Stilt Floor0%

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: 2 BHK · 618 sq ft at ₹1.84 Cr (the price recorded above).

Due soon after booking~₹55.2 L30%, stages already done
Balance till possession~₹1.29 Cras the last stages finish
Stamp duty + GST~₹11.0 L + ₹9.2 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% (₹1.38 Cr here), released stage by stage, so your own money is about ₹46.0 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 ₹1.20 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

6
Aggregate area of recreational Open SpaceElectrical meter room, sub-station, r…Fire protection and fire safety requi…Storm Water DrainsWater SupplyWater conservation /Rain water harvesting

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

Resale Flats for Sale in Borivali East

4

Flats for Rent in Borivali East

4

Commercial for Lease in Borivali East

1

Commercial Projects in Borivali East

More by Navkarmik Infra

MahaRERA projects nearby in Borivali East

Frequently Asked Questions

Where is Shiv Lilam located?

Shiv Lilam is on Rajendra Nagar Road, Mhatre Wadi, Borivali East, Mumbai 400068.

What is the price of Shiv Lilam?

Shiv Lilam is sold out by the developer — resale flats here are listed from ₹1.12 Cr. These are current asking prices from live listings on MPE.

What configurations and carpet areas does Shiv Lilam offer?

2 BHK – 618 sq ft carpet.

When is possession of Shiv Lilam?

As per MahaRERA, proposed possession is Mar 2025.

Is Shiv Lilam RERA-registered?

Yes — MahaRERA registration P51800034980, registered 2022-04-28.

How many units does Shiv Lilam have?

MahaRERA records 51 units across 7 buildings, up to 24 floors.

Who is the developer of Shiv Lilam?

Navkarmik Infra — 5 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Borivali East?

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

What metro and infrastructure is near Shiv Lilam?

Borivali-Thane Tunnel — under construction · due 2028, 0.4 km away; Line 9 Red (Mira-Bhayandar) — opened 2026, 2.7 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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