Elegant Residency Under Construction in Andheri East
As of 5 Nov 2026, Elegant Residency in Parsi Panchayat Rd, Mogra Pada, Natwar Nagar, Andheri East by Elegant Builders And Developers is an under-construction 2 BHK residential project at ₹30,074/sq ft, MahaRERA possession Apr 2027. Ready resale 2 BHK flats in Andheri East ask a median ₹34,375 per sq ft carpet.
Full project details, floor plans and MahaRERA on Mumbai Property Exchange →
📍 Parsi Panchayat Rd, Mogra Pada, Natwar Nagar,, Andheri East · by Elegant Builders And Developers
Elegant Residency is a under construction residential project by Elegant Builders And Developers at Parsi Panchayat Rd, Mogra Pada, Natwar Nagar, Andheri East. The configurations on record are 2 BHK, about 600–700 sq ft carpet. Project facts and property enquiries for Elegant Residency, Andheri East. Recorded developer status is separate from resale and rental availability; reconfirm each listing.
Mumbai Property Exchange (MahaRERA agent A51800043517) · Real Estate Mumbai · since 1995
Elegant Residency: price, rent, infrastructure and growth
| Measure | Figure | What it means |
|---|---|---|
| Project pricing | ₹30,074 /sq ft · ₹2.03 Cr | Developer rate on record. Confirm the carpet basis and current price list. |
| Andheri East micro-market rate | ₹35,488 /sq ft | Resale median across 156 live Andheri East listings; middle half ₹32,143–₹40,972. This project asks 15% less than resale. |
| Rent potential | ₹121 /sq ft a month · 2 BHK ≈ ₹75,600/mo | Median asking rent in Andheri East, 77 live listings. At the project rate that is about 4.8% gross a year before costs. |
| Scope of capital appreciation | Good | Because of: priced close to (or below) ready resale; rental yield around 4.8%; possession within 1 year. 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 Elegant Residency would rent for
Indicative monthly asking rents use at least five recent, comparable residential listing observations of the same BHK configuration in Andheri East. These are locality comparisons, not confirmed rents achieved in Elegant Residency.
Estimated monthly asking rent: 2 BHK: ₹75,600.
| Configuration | Carpet | Andheri East rent today | Estimated rent |
|---|---|---|---|
| 2 BHK | Members | ₹112/sq ft/mo (33 observations) | ≈ ₹75,600/mo |
Estimate = carpet area (members see it) × the live median rent per sq ft for that configuration in Andheri East on Real Estate Mumbai. Indicative locality comparison; reconfirm property-specific terms.
The resale market Elegant Residency competes with
59 recent 2 BHK residential asking-price observations in Andheri East: median ₹2.5 Cr, or ₹34,375 per sq ft of carpet. The middle half asks ₹31,331–₹37,500 per sq ft. These are listing observations, not unique homes or registered transactions.
Where Andheri East prices are moving
Real Estate Mumbai's Andheri East price index reads 102.0 for Nov 2026 (base 100), a median asking ₹39,197 per sq ft across 321 listings, up 0.4% on the month. By configuration: 1 BHK ₹33,720, 2 BHK ₹36,567, 3 BHK ₹35,588, 4 BHK+ ₹50,911 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Nov 2026 | ₹39,197 | 102.0 | +0.4% | 321 |
| Oct 2026 | ₹39,024 | 101.5 | +1.7% | 305 |
| Sep 2026 | ₹38,382 | 99.9 | -1.5% | 337 |
| Aug 2026 | ₹38,982 | 101.4 | +1.4% | 288 |
| Jul 2026 | ₹38,439 | 100.0 | — | 354 |
Real Estate Mumbai price index, computed monthly from live asking prices in Andheri East (base 100). Asking, not registered, prices.
Elegant Residency on MahaRERA — what to check before you book
Elegant 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 |
|---|---|---|---|---|---|
| Elegant Residency | P51800049271 | ELEGANT RESIDENCY · 18 fl | 65 | Apr 2027 | Aug 2024 |
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 Andheri East
Listed resale and rental options. Reconfirm availability before arranging a viewing. 2 BHK and larger first.
About Elegant Residency
Elegant Residency is a residential project located in Andheri East, Parsi Panchayat Rd, Mogra Pada, Natwar Nagar,. Currently under construction, the project offers 2 BHK apartments with carpet areas ranging from 673 to 677 sq.ft, priced from ₹1.98 Cr ++. The development comprises 17 floors. RERA registered (P51800049271).
Amenities
Next steps — clarity before you step out
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Elegant Residency — the questions investors ask
What is the price of Elegant Residency, Andheri East?
What rent can a flat in Elegant Residency earn?
What are comparable resale asking prices in Andheri East?
Are prices in Andheri East rising?
Is Elegant Residency MahaRERA registered?
What can I buy in Andheri East today instead?
How do I get the price list or a site visit for Elegant Residency?
Who is the builder of Elegant Residency?
What is the possession status of Elegant 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 29 Oct 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 Elegant Residency
Parsi Panchayat Rd, Mogra Pada, Natwar Nagar,, Andheri East · Elegant Builders And Developers