Under Construction
Akshar Elevate, Sector 18, Vashi, Navi Mumbai, Vashi — Under Construction photo
Under Construction

Akshar ElevateUnder Construction in Vashi

📍 Sector 18, Vashi, Navi Mumbai, Vashi · by Akshar Developers

₹28,895 /sq ftper sq ft carpet
480 / 620 / 1022 / 1350 / 1970 / 2590 sq ftCarpet area
42Floors
05 Aug 2026Last updated

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

Real Estate Mumbai's readBuy Akshar Elevate for the new building and the Vashi address at a premium to resale; expect rent of roughly ₹67,200 a month on a 480 sq ft Office Space and a gross yield near 5.8%. If yield or an immediate move matters more, the 5 resale homes below are 1% cheaper per sq ft and ready now.
Rental angle

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.

ConfigurationCarpetVashi rent todayEstimated rentGross yield
Office Space480 sq ft₹140/sq ft/mo (2 live)≈ ₹67,200/mo~5.8%
Office Space620 sq ft₹140/sq ft/mo (2 live)≈ ₹86,800/mo~5.8%
Office Space1,022 sq ft₹140/sq ft/mo (2 live)≈ ₹1.43 L/mo~5.8%
Office Space1,350 sq ft₹140/sq ft/mo (2 live)≈ ₹1.89 L/mo~5.8%
Office Space1,970 sq ft₹140/sq ft/mo (2 live)≈ ₹2.76 L/mo~5.8%
Office Space2,590 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.

Resale angle

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.

₹29,2212 BHK resale median /sq ft · 3 live
₹16,1764 BHK resale median /sq ft · 1 live
₹140rent /sq ft/mo · 2 live rentals
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About

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.

Lifestyle

Amenities

🏠 Clubhouse🎯 Indoor Games💪 Gymnasium📹 CCTV🔒 24x7 Security🛗 Modern Elevators🔋 Power Backup🅿️ Parking🅿️ Visitor Parking✅ Business Centre
Take it further

Next steps — clarity before you step out

Want the other side of the argument? Ask for our second opinion on WhatsApp — Akshar Elevate against the ready homes above, for your budget.

FAQ

Akshar Elevate — the questions investors ask

What rent can a flat in Akshar Elevate earn?
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.
Is Akshar Elevate priced above resale in Vashi?
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.
What can I buy in Vashi today instead?
4 of the 5 live resale homes in Vashi are listed on this page — 3 BHK in Gami Jade at ₹3.8 Cr, 2 BHK in Barcelona at ₹1.42 Cr and 2 BHK in 10 Marina Bay at ₹2.25 Cr. Real Estate Mumbai shows you both routes before you commit.
How do I get the price list or a site visit for Akshar Elevate?
WhatsApp Real Estate Mumbai on +91 98200 75868 or leave your number on this page. We share the price list, brochure and a site-visit or video-walkthrough slot on WhatsApp — no forms, no developer calls unless you ask.
Who is the builder of Akshar Elevate?
Akshar Elevate is developed by Akshar Developers.
What is the possession status of Akshar Elevate?
Akshar Elevate is currently Under Construction.

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.

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