Girivar AvenueUnder Construction in Borivali West
📍 Devi Das Lane, Next to Aquaria Grande,, Borivali West · by Mehta Spaces
Girivar Avenue is a under construction residential project by Mehta Spaces at Devi Das Lane, Next to Aquaria Grande, Borivali West. The configurations on record are 2, 3 & 4 BHK of 864, 878, 1,270 and 1,770 sq ft carpet. This page is Real Estate Mumbai's read on Girivar Avenue against the resale and rental market in Borivali West — 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 Girivar Avenue would rent for
Borivali West has 5 live 2 BHK rentals on Real Estate Mumbai today, at a median of ₹69,000 a month — about ₹100 per sq ft of carpet a month (middle half ₹88–₹101).
At today's rates that makes a 864 sq ft 2 BHK roughly ₹86,400 a month, a 878 sq ft 2 BHK roughly ₹87,800 a month and a 1,270 sq ft 3 BHK roughly ₹92,710 a month.
At ₹38,510 per sq ft, that is a gross rental yield of about 2.3% to 7.0% — 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 | Borivali West rent today | Estimated rent | Gross yield |
|---|---|---|---|---|
| 2 BHK | 864 sq ft | ₹100/sq ft/mo (5 live) | ≈ ₹86,400/mo | ~3.1% |
| 2 BHK | 878 sq ft | ₹100/sq ft/mo (5 live) | ≈ ₹87,800/mo | ~3.1% |
| 3 BHK | 1,270 sq ft | ₹73/sq ft/mo (10 live) | ≈ ₹92,710/mo | ~2.3% |
| 4 BHK | 1,770 sq ft | ₹224/sq ft/mo (3 live) | ≈ ₹3.96 L/mo | ~7.0% |
Estimate = carpet area × the live median rent per sq ft for that configuration in Borivali West on Real Estate Mumbai. Indicative; a new building with sea views can command more.
The resale market Girivar Avenue competes with
41 2 BHK resale homes are on the market in Borivali West right now, median ₹2.25 Cr at ₹32,673 per sq ft; the middle half asks ₹30,000–₹34,667. Listings are on average 41 days old.
Girivar Avenue prices at ₹38,510 per sq ft — 18% above the resale median and above the top quarter 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.
For scale, 4 BHK resale in Borivali West asks a median ₹39,744 per sq ft (6 live).
Where Borivali West prices are moving
Real Estate Mumbai's Borivali West price index reads 103.9 for Sep 2026 (base 100), a median asking ₹33,587 per sq ft across 88 listings, up 2.5% on the month. By configuration: 1 BHK ₹30,588, 2 BHK ₹32,673, 3 BHK ₹37,500 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Sep 2026 | ₹33,587 | 103.9 | +2.5% | 88 |
| 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.
Girivar Avenue on MahaRERA — what to check before you book
Girivar Avenue 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 |
|---|---|---|---|---|---|
| Girivar Avenue | P51800034875 | GIRIVAR AVENUE · 42 fl | 3 | — | Apr 2022 |
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.
Ready homes in Borivali West you can buy or rent today
Real Estate Mumbai's own listings — the honest alternative to waiting for a launch. 2, BHK and larger first.
About Girivar Avenue
Mehta Girivar Avenue is a premium under-construction residential project in Borivali West, Mumbai, offering spacious 2, 3, and 4 BHK flats ranging from 864 sq.ft. to 1770 sq.ft. carpet area. Developed by Mehta Spaces, this RERA-approved project (P51800034875) is spread across approximately 0.98 acres and features a thoughtfully planned single development with modern architecture and high-end specifications. Strategically located just off New Link Road and close to the Western Express Highway, Mehta Girivar Avenue ensures seamless connectivity to Borivali Railway Station, Kandivali, and major commercial hubs in the Western Suburbs. Reputed schools, hospitals, malls, and business parks are within easy reach, making it an ideal address for families seeking a well-connected yet premium lifestyle in Borivali West. The project offers a curated range of amenities including kids’ play areas, landscaped green spaces, indoor games, power backup, 24x7 security, treated water supply, and high-speed lifts. With strong price appreciation trends in Borivali West and limited inventory of luxury flats in prime micro-locations, Mehta Girivar Avenue presents an excellent opportunity for homebuyers and investors looking for a high-value flat in Mumbai with long-term growth potential.
Amenities
Next steps — clarity before you step out
Want the other side of the argument? Ask for our second opinion on WhatsApp — Girivar Avenue against the ready homes above, for your budget.
Girivar Avenue — the questions investors ask
What rent can a flat in Girivar Avenue earn?
Is Girivar Avenue priced above resale in Borivali West?
Are prices in Borivali West rising?
Is Girivar Avenue MahaRERA registered?
What can I buy in Borivali West today instead?
How do I get the price list or a site visit for Girivar Avenue?
Who is the builder of Girivar Avenue?
What is the possession status of Girivar Avenue?
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 25 May 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 Girivar Avenue
Devi Das Lane, Next to Aquaria Grande,, Borivali West · Mehta Spaces
