Vikhroli · Mumbai
Victoria 54
Vikhroli · by Vaibhavlaxmi Developers
Updated Oct 2026
VikhroliPhotos from the project record · tap to enlarge
A first look at Victoria 54
Victoria 54 is a residential project by Vaibhavlaxmi Developers in Vikhroli, Mumbai 400083. It is registered with MahaRERA under P51800025304 (registered 2021-09-08). The project has 145 units across 1 building of up to 25 floors. It offers 2 BHK homes with carpet areas of 561 sq ft, priced ₹1.3 Cr (indicative). The quoted rate is about ₹23,200 per sq ft. MahaRERA proposed possession: Dec 2025.
Ask an advisor to verify the current project and inventory status.
Availability & Pricing
Prices not recently confirmed. Prices are indicative, subject to change and to reconfirmation with the developer.
💬 Request latest price on WhatsAppUnit configurations filed with MahaRERA (4)
About Victoria 54
Location
Victoria 54 is located in Vikhroli, Mumbai 400083, in the Mumbai Suburban district. Across 12 recent resale listings on MPE, homes in Vikhroli have a median asking rate of ₹28,535 per sq ft, and a 2 BHK typically rents for about ₹1 Lac a month.
MahaRERA record
The MahaRERA registration number is P51800025304, issued on 8 September 2021. The registered promoter is Vaibhavlaxmi Builders And Developers. The filing lists 1 wing: VICTORIA 54 with 145 units over 25 floors. Per the registration, the architect on record is Sachin Raje and the project escrow account is with AU Small Finance Bank Ltd.
Homes and prices
Homes on offer are 2 BHK of 561 sq ft at ₹1.3 Cr (carpet area). That works out to about ₹23,200 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 3%, finishing at 0%, services at 0%. Proposed possession is Dec 2025.
Developer track record
Vaibhavlaxmi Developers has 15 projects tracked on Mumbai Property Exchange, 13 of them delivered (ready or sold out). Other projects by the same developer include Queens Avenue, Queens Glory, Passcode Chembur Rising.
Buyer demand in Vikhroli
In the last 90 days, buyers and tenants registered 12 requirements for Vikhroli with Mumbai Property Exchange, 5 of them to buy and 4 specifically for 2 BHK homes.
Developer's description ▾
Vikhroli market
prices, rents & ratesPrice vs locality
Vikhroli — resale, rent & yield
This project is quoted around ₹23,172/sqft — 19% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Vikhroli
Upcoming projects & infrastructure in Vikhroli
take an informed decision13 MahaRERA projects are due to hand over in Vikhroli between 2027 and 2031; the nearest upcoming infrastructure to Victoria 54 is the Line 4 Green, 0.6 km away (under construction · due 2027).
Supply is not evenly spread — one year carries almost half of it.
- 🚇Line 4 GreenUnder construction · due 20270.6 km
- 🚇Line 6 PinkUnder construction · due 20271.0 km
- 🚇Line 14 (Kanjurmarg-Badlapur/Ambernath)Approved1.8 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
145 unitsLocation
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 · 561 sq ft at ₹1.30 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% (₹97.5 L here), released stage by stage, so your own money is about ₹32.5 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 ₹84,600/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
7Next 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 Vikhroli
4
Flats for Rent in Vikhroli
4
Commercial for Lease in Vikhroli
1
Commercial Projects in Vikhroli
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MahaRERA projects nearby in Vikhroli
Frequently Asked Questions
Where is Victoria 54 located?
Victoria 54 is in Vikhroli, Mumbai 400083.
What is the price of Victoria 54?
2 BHK homes are priced ₹1.3 Cr, about ₹23,200 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Victoria 54 offer?
2 BHK – 561 sq ft carpet at ₹1.3 Cr.
When is possession of Victoria 54?
As per MahaRERA, proposed possession is Dec 2025.
Is Victoria 54 RERA-registered?
Yes — MahaRERA registration P51800025304, registered 2021-09-08.
How many units does Victoria 54 have?
MahaRERA records 145 units across 4 buildings, up to 25 floors.
Who is the developer of Victoria 54?
Vaibhavlaxmi Developers — 15 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Vikhroli?
13 MahaRERA-registered projects in Vikhroli are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Victoria 54?
Line 4 Green — under construction · due 2027, 0.6 km away; Line 6 Pink — under construction · due 2027, 1.0 km away; Line 14 (Kanjurmarg-Badlapur/Ambernath) — approved, 1.8 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.
