Mahavir Exotica Sold Out in Thane West
Mahavir Exotica in Ovala Naka, Thane West by Damji Shamji Shah and Co is a sold out 1 & 2 BHK residential project at ₹6,570/sq ft. Updated 6 Mar 2026.
📍 Ovala Naka, Thane West · by Damji Shamji Shah and Co
Mahavir Exotica is a sold out residential project by Damji Shamji Shah and Co at Ovala Naka, Thane West. The configurations on record are 1 & 2 BHK, about 500–700 sq ft carpet. Project facts and property enquiries for Mahavir Exotica, Thane 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
Mahavir Exotica floor plans
Plans as shared by the developer; check the carpet area in the MahaRERA record and the agreement.
Mahavir Exotica carpet area and sizes
| Configuration | Carpet area | Developer price from | For sale | On rent |
|---|---|---|---|---|
| 1 BHK | 515–580 sq ft | — | — | — |
| 2 BHK | 645 sq ft | — | — | — |
Carpet area as the typical range (10th to 90th percentile) of recorded configurations and listings.
1 BHK flats in Mahavir Exotica
1 BHK at Mahavir Exotica, Thane West: carpet 515–580 sq ft.
2 BHK flats in Mahavir Exotica
2 BHK at Mahavir Exotica, Thane West: carpet 645 sq ft.
Mahavir Exotica: price, rent, infrastructure and growth
| Measure | Figure | What it means |
|---|---|---|
| Project pricing | ₹6,570 /sq ft | Developer rate on record. Confirm the carpet basis and current price list. |
| Thane West micro-market rate | ₹21,376 /sq ft | Resale median across 909 live Thane West listings; middle half ₹17,692–₹25,000. This project asks 69% less than resale. |
| Rent potential | ₹68 /sq ft a month · 2 BHK ≈ ₹47,730/mo | Median asking rent in Thane West, 210 live listings. At the project rate that is about 12.4% gross a year before costs. |
| Infrastructure potential | Metro Line 4, Borivali–Thane Tunnel, Airoli Bridge | To BKC: about 65 min today, 28 min once Metro Line 4 + Tunnel is fully running (construction). |
| Scope of capital appreciation | Good | Because of: priced close to (or below) ready resale; rental yield around 12.4%; 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 Mahavir Exotica would rent for
Indicative monthly asking rents use at least five recent, comparable residential listing observations of the same BHK configuration in Thane West. These are locality comparisons, not confirmed rents achieved in Mahavir Exotica.
Estimated monthly asking rent: 2 BHK: ₹47,730.
| Configuration | Carpet | Thane West rent today | Estimated rent |
|---|---|---|---|
| 2 BHK | Members | ₹74/sq ft/mo (64 observations) | ≈ ₹47,730/mo |
Estimate = carpet area (members see it) × the live median rent per sq ft for that configuration in Thane West on Real Estate Mumbai. Indicative locality comparison; reconfirm property-specific terms.
Where Thane West prices are moving
Real Estate Mumbai's Thane West price index reads 101.3 for Nov 2026 (base 100), a median asking ₹22,341 per sq ft across 2724 listings, down 0.4% on the month. By configuration: 1 BHK ₹17,295, 2 BHK ₹20,775, 3 BHK ₹24,319, 4 BHK+ ₹26,974 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Nov 2026 | ₹22,341 | 101.3 | -0.4% | 2724 |
| Oct 2026 | ₹22,434 | 101.7 | -1.4% | 2550 |
| Sep 2026 | ₹22,764 | 103.2 | +3.0% | 2271 |
| Aug 2026 | ₹22,108 | 100.2 | +0.2% | 1663 |
| Jul 2026 | ₹22,065 | 100.0 | — | 1150 |
Real Estate Mumbai price index, computed monthly from live asking prices in Thane West (base 100). Asking, not registered, prices.
Everything we do in Thane West
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Property listings in Thane West
Listed resale and rental options. Reconfirm availability before arranging a viewing. 1 BHK and larger first.
About Mahavir Exotica
Mahavir Exotica is one of the RESIDENTIAL PROJECTS and retail shops from 200sq.ft onwards.by Damji Shamji Shah Developers located at Mogharpada Village Rd., Thane West, Thane
Amenities
Connectivity
Next steps — clarity before you step out
Want the other side of the argument? Ask for our second opinion on WhatsApp — Mahavir Exotica against the ready homes above, for your budget.
Mahavir Exotica — the questions investors ask
What is the price of Mahavir Exotica, Thane West?
What rent can a flat in Mahavir Exotica earn?
Are prices in Thane West rising?
What can I buy in Thane West today instead?
How do I get the price list or a site visit for Mahavir Exotica?
Who is the builder of Mahavir Exotica?
What is the possession status of Mahavir Exotica?
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 Mahavir Exotica
Ovala Naka, Thane West · Damji Shamji Shah and Co