Ghatkopar East · Mumbai
Vikas Ornate
Ghatkopar East · by Vikas Constructions (Aricia Construction)
Updated Oct 2026
Ghatkopar EastPhotos from the project record · tap to enlarge
A first look at Vikas Ornate
Vikas Ornate is a residential project in Ghatkopar East, Mumbai 400077. It is registered with MahaRERA under P51800032578 (registered 2025-07-07). The project has 112 units across 2 buildings of up to 21 floors. It offers 2, 3 & 4 BHK homes with carpet areas of 715–1,525 sq ft, priced ₹2.28 Cr–₹4.88 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹32,000 per sq ft. MahaRERA proposed possession: Apr 2027.
Ask an advisor to verify current developer inventory and price.
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 (2)
Vikas Ornate floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Vikas Ornate
Location
The project is in Ghatkopar East, Mumbai 400077, in the Mumbai Suburban district.
MahaRERA record
Vikas Ornate is registered with MahaRERA under P51800032578, dated 7 July 2025. The registered promoter is Aricia Construction. The filing lists 2 wings: WING A with 52 units over 21 floors; WING B with 60 units over 21 floors. According to MahaRERA, the architect on record is HARDIK SHROFF shard shroff and the project escrow account is with Kotak Mahindra Bank Ltd.
Homes and prices
The price list covers 2 BHK of 715–775 sq ft at ₹2.28 Cr–₹2.48 Cr; 3 BHK of 975–1,125 sq ft at ₹3.12 Cr–₹3.6 Cr; 4 BHK of 1,455–1,525 sq ft at ₹4.65 Cr–₹4.88 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹31,900–₹32,000 per sq ft of carpet. 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 87%, finishing at 17%, services at 0%. Proposed possession is Apr 2027.
Developer track record
Vikas Constructions has 6 projects tracked on Mumbai Property Exchange, 4 of them delivered (ready or sold out).
Buyer demand in Ghatkopar East
In the last 90 days, buyers and tenants registered 13 requirements for Ghatkopar East with Mumbai Property Exchange, 6 of them to buy and 4 specifically for 2, 3 & 4 BHK homes.
Developer's description ▾
Ghatkopar East market
prices, rents & ratesPrice vs locality
Property rates in Ghatkopar East
Upcoming projects & infrastructure in Ghatkopar East
take an informed decision79 MahaRERA projects are due to hand over in Ghatkopar East between 2026 and 2030; the nearest upcoming infrastructure to Vikas Ornate is the Line 4 Green, 0.9 km away (under construction · due 2027).
Supply is not evenly spread — one year carries about a third of it.
- 🚇Line 4 GreenUnder construction · due 20270.9 km
- 🚇Line 2B YellowOpened 20262.6 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Ghatkopar 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
Buildings · 2 wings
112 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: 3 BHK · 1035 sq ft at ₹3.31 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% (₹2.48 Cr here), released stage by stage, so your own money is about ₹82.8 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 ₹2.15 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
18+10 more ▾
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 Ghatkopar East
1
Flats for Rent in Ghatkopar East
2
Compare Vikas Ornate with similarly priced projects nearby
MahaRERA projects nearby in Ghatkopar East
Frequently Asked Questions
Where is Vikas Ornate located?
Vikas Ornate is in Ghatkopar East, Mumbai 400077.
What is the price of Vikas Ornate?
2, 3 & 4 BHK homes are priced ₹2.28 Cr–₹4.88 Cr as on 09 Jul 2026, about ₹32,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Vikas Ornate offer?
2 BHK – 715 sq ft carpet at ₹2.28 Cr; 2 BHK – 740 sq ft carpet at ₹2.36 Cr; 2 BHK – 775 sq ft carpet at ₹2.48 Cr; 3 BHK – 975 sq ft carpet at ₹3.12 Cr; 3 BHK – 1,035 sq ft carpet at ₹3.31 Cr; 3 BHK – 1,080 sq ft carpet at ₹3.45 Cr; 3 BHK – 1,125 sq ft carpet at ₹3.6 Cr; 4 BHK – 1,455 sq ft carpet at ₹4.65 Cr.
When is possession of Vikas Ornate?
As per MahaRERA, proposed possession is Apr 2027.
Is Vikas Ornate RERA-registered?
Yes — MahaRERA registration P51800032578, registered 2025-07-07.
How many units does Vikas Ornate have?
MahaRERA records 112 units across 4 buildings, up to 21 floors.
Who is the developer of Vikas Ornate?
Vikas Constructions (Aricia Construction) — 6 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Ghatkopar East?
79 MahaRERA-registered projects in Ghatkopar East are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Vikas Ornate?
Line 4 Green — under construction · due 2027, 0.9 km away; Line 2B Yellow — opened 2026, 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.
