Akshar ElevateUnder Construction in Vashi
📍 Sector 18, Vashi, Navi Mumbai, Vashi · by Akshar Developers
Akshar Elevate is a under construction commercial project by Akshar Developers at Sector 18, Vashi, Navi Mumbai, Vashi. This page is Real Estate Mumbai's read on Akshar Elevate against the resale and rental market in Vashi — what a flat here rents for, what the resale market asks, and where prices are moving.
Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995
What a flat in Akshar Elevate would rent for
Vashi has 2 live rentals on Real Estate Mumbai today, at a median of ₹87,500 a month — about ₹140 per sq ft of carpet a month (middle half ₹138–₹141).
At today's rates that makes a 480 sq ft Office Space roughly ₹67,200 a month, a 620 sq ft Office Space roughly ₹86,800 a month and a 1,022 sq ft Office Space roughly ₹1.43 L a month.
At ₹28,895 per sq ft, that is a gross rental yield of about 5.8% — before maintenance, tax and vacancy. Premium Mumbai homes are bought for capital growth more than yield; treat the rent as the floor under your holding cost, not the return.
| Configuration | Carpet | Vashi rent today | Estimated rent | Gross yield |
|---|---|---|---|---|
| Office Space | 480 sq ft | ₹140/sq ft/mo (2 live) | ≈ ₹67,200/mo | ~5.8% |
| Office Space | 620 sq ft | ₹140/sq ft/mo (2 live) | ≈ ₹86,800/mo | ~5.8% |
| Office Space | 1,022 sq ft | ₹140/sq ft/mo (2 live) | ≈ ₹1.43 L/mo | ~5.8% |
| Office Space | 1,350 sq ft | ₹140/sq ft/mo (2 live) | ≈ ₹1.89 L/mo | ~5.8% |
| Office Space | 1,970 sq ft | ₹140/sq ft/mo (2 live) | ≈ ₹2.76 L/mo | ~5.8% |
| Office Space | 2,590 sq ft | ₹140/sq ft/mo (2 live) | ≈ ₹3.63 L/mo | ~5.8% |
Estimate = carpet area × the live median rent per sq ft for that configuration in Vashi on Real Estate Mumbai. Indicative; a new building with sea views can command more.
The resale market Akshar Elevate competes with
5 resale homes are on the market in Vashi right now, median ₹2.25 Cr at ₹29,221 per sq ft; the middle half asks ₹18,933–₹33,937. Listings are on average 54 days old.
Akshar Elevate prices at ₹28,895 per sq ft — 1% below the resale median and inside the middle of the resale market. That premium buys a new building, new specification and a longer remaining life; the resale market buys location now, at a discount, ready to live in.
Ready homes in Vashi you can buy or rent today
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About Akshar Elevate
Akshar Elevate is a Grade-A commercial development by Akshar Group located in Sector 18, Vashi, Navi Mumbai. The project comprises a G+42-storey landmark commercial tower offering premium office spaces with modern business amenities, dedicated parking levels, a double-height entrance lobby, conference facilities, restaurant, gymnasium and excellent connectivity to Palm Beach Road, Sion-Panvel Highway and major transport hubs.
Amenities
Next steps — clarity before you step out
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Akshar Elevate — the questions investors ask
What rent can a flat in Akshar Elevate earn?
Is Akshar Elevate priced above resale in Vashi?
What can I buy in Vashi today instead?
How do I get the price list or a site visit for Akshar Elevate?
Who is the builder of Akshar Elevate?
What is the possession status of Akshar Elevate?
Rents, resale prices and the price index on this page are computed from live listings on Real Estate Mumbai and refresh automatically; project facts are as declared to MahaRERA or recorded by our team (updated 05 Aug 2026). Indicative, not an offer; verify with the developer and on MahaRERA before deciding. Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995.
Get details on Akshar Elevate
Sector 18, Vashi, Navi Mumbai, Vashi · Akshar Developers