Akshaya Residency Under Construction in Borivali West
As of 31 Oct 2026, Akshaya Residency in 3Baburao Paranjape Marg, Opp. Mahishamardini Temple, Borivali West by NHI Developers LLP is an under-construction 1, 2 & 3 BHK residential project at ₹35,292/sq ft, MahaRERA possession Dec 2026.
Full project details, floor plans and MahaRERA on Mumbai Property Exchange →
📍 3Baburao Paranjape Marg, Opp. Mahishamardini Temple,, Borivali West · by NHI Developers LLP
Akshaya Residency is a under construction residential project by NHI Developers LLP at 3Baburao Paranjape Marg, Opp. Mahishamardini Temple, Borivali West. The configurations on record are 1, 2 & 3 BHK, about 400–800 sq ft carpet. Project facts and property enquiries for Akshaya Residency, Borivali West. Recorded developer status is separate from resale and rental availability; reconfirm each listing.
Mumbai Property Exchange (MahaRERA agent A51800043517) · Real Estate Mumbai · since 1995
Akshaya Residency: price, rent, infrastructure and growth
| Measure | Figure | What it means |
|---|---|---|
| Project pricing | ₹35,292 /sq ft · ₹1.6 Cr – ₹2.76 Cr | Developer rate on record. Confirm the carpet basis and current price list. |
| Borivali West micro-market rate | ₹34,066 /sq ft | Resale median across 93 live Borivali West listings; middle half ₹31,111–₹37,500. This project asks 4% more than resale. |
| Rent potential | ₹90 /sq ft a month · 2 BHK ≈ ₹62,832/mo | Median asking rent in Borivali West, 14 live listings. At the project rate that is about 3.1% gross a year before costs. |
| Infrastructure potential | Borivali–Thane Tunnel | Already open: Metro Line 7, Metro 2A. To BKC: about 60 min today, 28 min once Metro Line 7 + Tunnel is fully running (construction). |
| Scope of capital appreciation | Good | Because of: priced close to (or below) ready resale; new transport links still to open. Our reading of the figures above, not a forecast or advice. Speak to our team before you invest. |
About these comparisons
Comparisons use listing verification recorded within 90 days, exclude approximate carpet areas and collapse matching building/configuration/price/area records. Each reported configuration needs at least five observations. This does not certify availability; reconfirm the unit and measurement. Gross yield is omitted because the project price basis and date have not been independently matched.
What a flat in Akshaya Residency would rent for
Indicative monthly asking rents use at least five recent, comparable residential listing observations of the same BHK configuration in Borivali West. These are locality comparisons, not confirmed rents achieved in Akshaya Residency.
Estimated monthly asking rent: 2 BHK: ₹62,832.
| Configuration | Carpet | Borivali West rent today | Estimated rent |
|---|---|---|---|
| 2 BHK | Members | ₹88/sq ft/mo (7 observations) | ≈ ₹62,832/mo |
Estimate = carpet area (members see it) × the live median rent per sq ft for that configuration in Borivali West on Real Estate Mumbai. Indicative locality comparison; reconfirm property-specific terms.
Where Borivali West prices are moving
Real Estate Mumbai's Borivali West price index reads 106.1 for Oct 2026 (base 100), a median asking ₹34,297 per sq ft across 149 listings, up 1.4% on the month. By configuration: 1 BHK ₹29,040, 2 BHK ₹33,551, 3 BHK ₹35,823, 4 BHK+ ₹38,776 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Oct 2026 | ₹34,297 | 106.1 | +1.4% | 149 |
| Sep 2026 | ₹33,812 | 104.6 | +3.1% | 93 |
| Aug 2026 | ₹32,783 | 101.4 | +1.4% | 82 |
| Jul 2026 | ₹32,327 | 100.0 | — | 150 |
Real Estate Mumbai price index, computed monthly from live asking prices in Borivali West (base 100). Asking, not registered, prices.
Akshaya Residency on MahaRERA — what to check before you book
Akshaya Residency is registered. The registry is the only document that binds the developer on possession dates, carpet areas and what is built; read it before any token.
| Phase | MahaRERA no. | Towers · floors | Units | Possession declared | Registered |
|---|---|---|---|---|---|
| AKSHAYA AND JAYSHREE REDEVELOPMENT | P51800049511 | AKSHAYA COMMERCIAL COMPLEX · 6 fl, AKSHAYA RESIDENCY A-B · 23 fl | 217 | Dec 2026 | Feb 2023 |
Scan to verify on MahaRERA
MahaRERA agent: Mumbai Property Exchange, registration no. A51800043517 (operator of Real Estate Mumbai).
Registry link opens the MahaRERA record. Possession dates on the registry can be revised by the developer under the Act; we refresh this table as the record changes.
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Property listings in Borivali West
Listed resale and rental options. Reconfirm availability before arranging a viewing. 1, BHK and larger first.
About Akshaya Residency
Neo Akshaya Residency is a premium under-construction residential project in Borivali West, Mumbai, offering thoughtfully designed 1, 2, and 3 BHK flats ranging from 425 sq.ft. to 933 sq.ft. carpet area. Developed by Neo Housing And Infrastructure Development, this RERA-registered project (P51800049511) is spread across approximately 1.21 acres and comprises 97 well-planned residences. Possession is scheduled to begin from December 2026. Strategically located near New Link Road and well connected to the Western Express Highway, Borivali Railway Station, and the upcoming metro network, Neo Akshaya Residency offers seamless connectivity across Mumbai’s Western Suburbs. Reputed schools like Don Bosco High School, healthcare centres, shopping hubs, and daily convenience stores are within close proximity, making it ideal for families and working professionals seeking a centrally located flat in Borivali West. The project offers an impressive range of lifestyle amenities including a gymnasium, jogging track, kids’ play area, pet zone, mini theatre, spa, party hall, high-speed elevators, 24x7 security, CCTV surveillance, and landscaped green spaces. With strong price appreciation trends in Borivali West and growing infrastructure development, Neo Akshaya Residency presents an excellent opportunity for homebuyers and investors looking for a modern flat in Mumbai with long-term growth potential.
Amenities
Buy or rent in Akshaya Residency
Browse 0 eligible listing records · checked 2026-10-31. Records may represent multiple offers for the same home; availability is subject to reconfirmation.
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Next steps — clarity before you step out
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Akshaya Residency — the questions investors ask
What is the price of Akshaya Residency, Borivali West?
What rent can a flat in Akshaya Residency earn?
Are prices in Borivali West rising?
Is Akshaya Residency MahaRERA registered?
What can I buy in Borivali West today instead?
How do I get the price list or a site visit for Akshaya Residency?
What flats are available in Akshaya Residency?
Who is the builder of Akshaya Residency?
What is the possession status of Akshaya Residency?
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 Jun 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 Akshaya Residency
3Baburao Paranjape Marg, Opp. Mahishamardini Temple,, Borivali West · NHI Developers LLP