Lotus Sky GardensSold Out in Malad West
📍 Tank Road, Off Shankar Lane, Near La Classic Hotel, Orlem, Malad West · by Lotus Group of Companies
Lotus Sky Gardens is a sold out residential project by Lotus Group of Companies at Tank Road, Off Shankar Lane, Near La Classic Hotel, Orlem, Malad West. The configurations on record are 2 & 3 BHK of 809, 942 and 1,037 sq ft carpet. This page is Real Estate Mumbai's read on Lotus Sky Gardens against the resale and rental market in Malad 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 Lotus Sky Gardens would rent for
Malad West has 297 live 2 BHK rentals on Real Estate Mumbai today, at a median of ₹70,000 a month — about ₹99 per sq ft of carpet a month (middle half ₹91–₹105).
At today's rates that makes a 809 sq ft 2 BHK roughly ₹80,091 a month, a 942 sq ft 2½ BHK roughly ₹93,258 a month and a 1,037 sq ft 3 BHK roughly ₹95,404 a month.
At ₹31,392 per sq ft, that is a gross rental yield of about 3.5% to 3.8% — 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 | Malad West rent today | Estimated rent | Gross yield |
|---|---|---|---|---|
| 2 BHK | 809 sq ft | ₹99/sq ft/mo (297 live) | ≈ ₹80,091/mo | ~3.8% |
| 2½ BHK | 942 sq ft | ₹99/sq ft/mo (297 live) | ≈ ₹93,258/mo | ~3.8% |
| 3 BHK | 1,037 sq ft | ₹92/sq ft/mo (65 live) | ≈ ₹95,404/mo | ~3.5% |
Estimate = carpet area × the live median rent per sq ft for that configuration in Malad West on Real Estate Mumbai. Indicative; a new building with sea views can command more.
The resale market Lotus Sky Gardens competes with
271 2 BHK resale homes are on the market in Malad West right now, median ₹2.4 Cr at ₹33,499 per sq ft; the middle half asks ₹29,898–₹36,450. Listings are on average 33 days old.
Lotus Sky Gardens prices at ₹31,392 per sq ft — 6% 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.
For scale, 4 BHK resale in Malad West asks a median ₹40,024 per sq ft (30 live).
Where Malad West prices are moving
Real Estate Mumbai's Malad West price index reads 102.8 for Sep 2026 (base 100), a median asking ₹34,143 per sq ft across 549 listings, up 1.2% on the month. By configuration: 1 BHK ₹28,801, 2 BHK ₹33,498, 3 BHK ₹34,252, 4 BHK+ ₹40,023 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Sep 2026 | ₹34,143 | 102.8 | +1.2% | 549 |
| Aug 2026 | ₹33,732 | 101.6 | +1.6% | 506 |
| Jul 2026 | ₹33,207 | 100.0 | — | 493 |
Real Estate Mumbai price index, computed monthly from live asking prices in Malad West (base 100). Asking, not registered, prices.
Lotus Sky Gardens on MahaRERA — what to check before you book
Lotus Sky Gardens 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 |
|---|---|---|---|---|---|
| Lotus Sky Garden | P51800005655 | Lotus Sky Garden · 44 fl | 230 | Dec 2022 | Sep 2021 |
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 Malad 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 Lotus Sky Gardens
Lotus Sky Gardens is a Ready To Move In Project Developed by the Lotus Group of Companies. It is located at Malad West. Malad West is well-connected to other parts of Mumbai through a network of roads and public transportation. The Malad railway station, located on the Western Line of the Mumbai Suburban Railway, connects the area to South Mumbai and the suburbs. The Western Express Highway, a major arterial road, runs through Malad West, providing easy access to other parts of the city. Close to Malad Railway Station and Western Express Highway. 2 minutes to Link Road and 10 minutes to Kandivali Railway Station. Schools, colleges, healthcare, entertainment, malls etc are in close proximity. It is a 43 storey tower offering 2 and 3 BHK Residences with Decks and Unobstructed Sea and Mountain View. Double Heighted Grand Entrance Lobby, Ample Amount of Luxury & Lifestyle Amenities.
Amenities
Connectivity
Project video
Available flats in Lotus Sky Gardens
12 verified resale & rental listings currently available in Lotus Sky Gardens, Malad West.
Next steps — clarity before you step out
Want the other side of the argument? Ask for our second opinion on WhatsApp — Lotus Sky Gardens against the ready homes above, for your budget.
Lotus Sky Gardens — the questions investors ask
What rent can a flat in Lotus Sky Gardens earn?
Is Lotus Sky Gardens priced above resale in Malad West?
Are prices in Malad West rising?
Is Lotus Sky Gardens MahaRERA registered?
What can I buy in Malad West today instead?
How do I get the price list or a site visit for Lotus Sky Gardens?
What flats are available in Lotus Sky Gardens?
Who is the builder of Lotus Sky Gardens?
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 06 Mar 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 Lotus Sky Gardens
Tank Road, Off Shankar Lane, Near La Classic Hotel, Orlem, Malad West · Lotus Group of Companies
