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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Lifecycle requires verificationMahaRERA P51800025304

Vikhroli · Mumbai

Victoria 54

Vikhroli · by Vaibhavlaxmi Developers

Updated Sep 2026

145
Units
2025
Possession
1
Buildings
Certificate Signed
Status

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.

Lifecycle requires verification.

Ask an advisor to verify the current project and inventory status.

Availability & Pricing

TypeCarpetPriceAvail
2 BHK561 ft²₹1.3 Cr

Prices not recently confirmed. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp

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 11 requirements for Vikhroli with Mumbai Property Exchange, 3 of them to buy and 4 specifically for 2 BHK homes.

Developer's description ▾
Victoria 54 is a Residential Project Developed by the Vaibhavlaxmi Developers. It is located at Vikhroli East. Vikhroli East is well-connected to different parts of Mumbai. The Eastern Express Highway and the LBS Marg are major roadways that run through the area, facilitating easy travel to other parts of the city. great connectivity to Railway Station, highway & upcoming metro station. It is located right at the centre of kannamwar nagar. The Project offers 1 and 2 BHK home automation Residences with well designed external design of the tower and internal fittings. Amenities include rooftop yoga deck, sit out area, multi purpose hall, children's play area and many more.

Price vs Locality

₹23,172
/sqft · Vikhroli rate-band mid-point ₹37,500
38% below mid-point

Upcoming projects & infrastructure in Vikhroli

take an informed decision

13 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).

13
MahaRERA projects handing over in the next 5 years
in Vikhroli
₹33,300/sqft
typical asking price
easing this quarter
₹14,000/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Vikhroli by possession year
2
2027
3
2028
2
2029
3
2030
3
2031

Supply is not evenly spread — one year carries almost half of it.

Metro & infrastructure near Victoria 54
  • 🚇Line 4 GreenUnder construction · due 20270.6 km
  • 🚇Line 6 PinkUnder construction · due 20271.0 km
  • 🚇Line 14 (Kanjurmarg-Badlapur/Ambernath)Approved1.8 km
In the full Vikhroli report

🔒 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.

Vikhroli — resale, rent & yield

Resale
₹28,535/sqft
median · 12 listings
Rent
₹109.4/sqft/mo
2 BHK ~₹100,000/mo
Gross yield
4.6%/yr
rent vs resale value

This project is quoted around ₹23,172/sqft19% below resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
1 RK244 ft²₹57 L
Shop102–362 ft²₹24 L–₹84 L
1 BHK393–399 ft²₹91 L–₹92 L
2 BHK560–561 ft²₹1.3 Cr–₹1.3 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Dec 2025
Project status
New
MahaRERA No.
P51800025304
Data last updated
Sep 2026
Registered
2021-09-08
Escrow Bank
AU SMALL FINANCE BANK LIMITED
Architect
Sachin Raje
Total FSI
7,943

Buildings · 1 wing

145 units
VICTORIA 54 · 25 fl · 145 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation80%
Structure3%
Finishing0%
Services0%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure3%
External plumbing and external plaster, elevation, completion of terr…0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…0%
Podiums (if any)0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …0%

Amenities

7
Electrical meter room, sub-station, r…Fire protection and fire safety requi…Multipurpose HallSewerage (Chamber, Lines, Septic Tank…Storm Water DrainsWater SupplyWater conservation /Rain water harvesting

Talk to our MahaRERA advisor

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Vikhroli market context

Property Rates in Vikhroli

Residential · Sale
₹30,000–45,000/sqft
Commercial · Sale
₹20,000–45,000/sqft
2 BHK · Rent
₹50,000–180,000/mo

Resale Flats for Sale in Vikhroli

4

Flats for Rent in Vikhroli

4

Commercial for Lease in Vikhroli

1

Commercial Projects in Vikhroli

More by Vaibhavlaxmi Developers

MahaRERA projects nearby in Vikhroli

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, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

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.

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 2026-09-20). 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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