Nicco ResidencyUnder Construction in Andheri East
📍 Jvlr Road,, Andheri East · by Nicco
Nicco Residency is a under construction residential project by Nicco at Jvlr Road, Andheri East. The configurations on record are 2, 3 & 4 BHK, about 700–1,700 sq ft carpet. Project facts and property enquiries for Nicco 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
Nicco Residency: price, rent, infrastructure and growth
| Measure | Figure | What it means |
|---|---|---|
| Project pricing | ₹27,000 /sq ft · ₹2.1 Cr – ₹4.52 Cr | Developer rate on record. Confirm the carpet basis and current price list. |
| Andheri East micro-market rate | ₹35,329 /sq ft | Resale median across 118 live Andheri East listings; middle half ₹32,215–₹41,004. This project asks 24% less than resale. |
| Rent potential | ₹122 /sq ft a month · 2 BHK ≈ ₹89,552/mo | Median asking rent in Andheri East, 12 live listings. At the project rate that is about 5.4% gross a year before costs. |
| Scope of capital appreciation | Good | Because of: priced close to (or below) ready resale; rental yield around 5.4%; 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 Nicco 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 Nicco Residency.
Estimated monthly asking rent: 2 BHK: ₹89,552.
| Configuration | Carpet | Andheri East rent today | Estimated rent |
|---|---|---|---|
| 2 BHK | Members | ₹116/sq ft/mo (6 observations) | ≈ ₹89,552/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 Nicco Residency competes with
44 recent 2 BHK residential asking-price observations in Andheri East: median ₹2.65 Cr, or ₹34,544 per sq ft of carpet. The middle half asks ₹31,332–₹37,937 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 100.2 for Oct 2026 (base 100), a median asking ₹38,509 per sq ft across 297 listings, up 0.3% on the month. By configuration: 1 BHK ₹33,023, 2 BHK ₹36,280, 3 BHK ₹34,754, 4 BHK+ ₹49,979 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Oct 2026 | ₹38,509 | 100.2 | +0.3% | 297 |
| 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.
Nicco Residency on MahaRERA — what to check before you book
Nicco 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 |
|---|---|---|---|---|---|
| Nicco Residency | P51800050433 | REHAB BUILDING · 26 fl, SALE WING A · 24 fl, SALE WING B · 24 fl, SALE WING C · 25 fl | 275 | Apr 2027 | May 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.
Everything we do in Andheri East
Homes to rent and buy, new projects under construction, and offices to lease or buy — one Real Estate Mumbai team for all of it.
Property listings in Andheri East
Listed resale and rental options. Reconfirm availability before arranging a viewing. 2, BHK and larger first.
About Nicco Residency
Nicco Residency is a residential project located in Andheri East, Jvlr Road,. Currently under construction, the project offers 2 BHK, 3 BHK, 4 BHK apartments with carpet areas ranging from 772 to 1671 sq.ft, priced from ₹2.10 Cr ++. RERA registered (P51800050433).
Amenities
Next steps — clarity before you step out
Want the other side of the argument? Ask for our second opinion on WhatsApp — Nicco Residency against the ready homes above, for your budget.
Nicco Residency — the questions investors ask
What rent can a flat in Nicco Residency earn?
What are comparable resale asking prices in Andheri East?
Are prices in Andheri East rising?
Is Nicco Residency MahaRERA registered?
What can I buy in Andheri East today instead?
How do I get the price list or a site visit for Nicco Residency?
Who is the builder of Nicco Residency?
What is the possession status of Nicco 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 02 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 Nicco Residency
Jvlr Road,, Andheri East · Nicco