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Home / The Real Launch Story / Kandivali West
MahaRERA checkedUnder Construction

Sheth Edmont: ₹26,026 a sq ft launch against ₹30,217 resale in Kandivali West

The launch is priced 14% under resale in Kandivali West; 9,499 new homes are due there by 2032; 61 people asked us for a home there in 90 days.

SS
Sandeep SadhFounder, Mumbai Property Exchange · MahaRERA A51800043517
Sheth Edmont, Kandivali WestDeveloper image
Image supplied by Ashwin Sheth Group. Our own site photos appear here after our visit.
Why this project

Ashwin Sheth Group in Kandivali West

Sheth Edmont is under construction, with possession Dec 2029. It is one of 30 new projects on our books in Kandivali West, where launches ask a median ₹27,953 a sq ft.

What's in it for you

Time to pay in stages

An under-construction home is paid for against construction milestones, so most of the money goes in later. Once ready, a flat here would rent for about 3.8% a year of its launch price, going by today's rents.

What to watch

Priced 14% under resale

The launch rate is below the suburb's resale median. Check what the gap is about: location within the suburb, size, or timing.

Kandivali West in five numbers · as of 09 Nov 2026
₹26,026indicative launch rate per sq ft carpet; may change 5–10%
₹30,217median resale asking rate per sq ft, last 120 days (422 flats)
9,499new homes filed with MahaRERA for possession by 2032
61home requests to us in 90 days; 7 want 3 BHK or larger
₹82median asking rent per sq ft carpet a month, last 12 months

The story

Sheth Edmont is Ashwin Sheth Group's project in Kandivali West, on our books at an indicative ₹26,026 a sq ft of carpet. Flats already standing in Kandivali West ask a median ₹30,217 a sq ft, across 422 resale listings with us in the last four months. A quarter earlier the median was ₹30,584.

So the launch is priced below resale in the suburb. That can reflect the micro-location, the size of the homes, or an early-launch price.

Supply: how many homes are coming to Kandivali West

MahaRERA filings show 9,499 new homes in Kandivali West due for possession by 2032, across 114 registered projects. The peak year is 2027, with 3,025 homes.

Source: MahaRERA project filings, latest declared possession date, Kandivali West. Read 09 Nov 2026.

Demand: who is asking

In the last 90 days, 61 people came to Mumbai Property Exchange looking for a home in Kandivali West. 44 of them want to buy, and 7 want 3 BHK or larger. Set against 9,499 homes due over the coming years, that is the demand one firm sees; the market as a whole is larger.

Rent: what it earns

Kandivali West homes listed for rent with us in the last 12 months asked a median ₹82 per sq ft of carpet a month, across 73 listings. At the resale median that is a gross yield of about 3.3% a year, before maintenance, property tax and vacancy. At the launch rate it is about 3.8%.

Where it sits among Kandivali West launches

ProjectDeveloper₹ / sq ft*Possession
Shivani RudramRudra Amar Group27,913Dec 2028
Shri SiddhivinayakDEM Infra Developers27,215Dec 2026
WestwoodDimples Group26,961Dec 2030
Sheth EdmontAshwin Sheth Group26,026Dec 2029
KalpvrukshIkira Build Tech LLP25,000Dec 2026
Skylon SuburbiaSai Krupa Developers24,4482026
Resale median—30,217Ready

*Indicative rates on Mumbai Property Exchange, may change 5–10%. Plus GST, stamp duty and registration.

Getting there

  • Borivali-Thane Tunnel: 2.9 km away · Under construction · due 2028

Straight-line distance from the project's map point.

From the developer

Sheth Edmont, as the developer shows it

These images come from Ashwin Sheth Group. Our own photos and films from the site will replace them after our visit.

What is The Real Launch Story

Every launch has a brochure. We read the market around it.

The Real Launch Story is Sandeep Sadh's record of Mumbai's new launches. Each story sets the launch price against flats already for sale in the suburb, counts the homes MahaRERA says are coming, shows who is asking us for homes there and what they rent for. It is kept apart from our listings, and it is updated as the numbers move.

Step 1
The numbers

Resale, rents, demand, the MahaRERA pipeline and infrastructure, read from our data.

Step 2
Site visit

Our team walks the site, the sample flat and the street, and films on a phone.

Step 3
Uploaded from myipl

Photos and films go up from the myipl app, dated and tagged to the project.

Step 4
Sandeep's lines

Sandeep adds his own take. The quoted take appears only when he has written it.

Step 5
Shared

The story and its films go to WhatsApp, Instagram, LinkedIn and our press list.

Before you pay a token
  • The MahaRERA registration of the exact phase and tower you buy in.
  • The carpet area on the cost sheet against the MahaRERA filing.
  • Whether the price is all-in or plus GST, stamp duty, registration and floor rise.
  • The possession date written in the agreement, not only the brochure.
  • How much is due before the agreement is registered.
  • Whether any offer has a written end date.
Share this story

Send it to someone looking in Kandivali West

Figures as read on 09 Nov 2026. Our launch rates are indicative and may change 5–10%. Resale rates and rents are medians of asking figures on Mumbai Property Exchange, not registered transactions. Confirm every figure with the developer and on MahaRERA before deciding. This is not an advertisement by the developer.

For media and investors

Talk to Sandeep

Journalists, investors and NRIs can reach Sandeep Sadh about this story or Mumbai's launch market. The data behind every chart is available on request.

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