Param Under Construction in Borivali West
As of 30 Oct 2026, Param in Baburao Paranjpe Marg, Borivali West by Sumit Group is an under-construction 2 & 3 BHK residential project at ₹35,000/sq ft, MahaRERA possession Mar 2029. Ready resale 2 BHK flats in Borivali West ask a median ₹33,842 per sq ft carpet.
Full project details, floor plans and MahaRERA on Mumbai Property Exchange →
📍 Baburao Paranjpe Marg, Borivali West · by Sumit Group
Param is a under construction residential project by Sumit Group at Baburao Paranjpe Marg, Borivali West. The configurations on record are 2 & 3 BHK, about 700–1,100 sq ft carpet. Project facts and property enquiries for Param, Borivali 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
Param: price, rent, infrastructure and growth
| Measure | Figure | What it means |
|---|---|---|
| Project pricing | ₹35,000 /sq ft · ₹2.28 Cr – ₹3.26 Cr | Developer rate on record. Confirm the carpet basis and current price list. |
| Borivali West micro-market rate | ₹34,247 /sq ft | Resale median across 90 live Borivali West listings; middle half ₹31,160–₹37,500. This project asks 2% more than resale. |
| Rent potential | ₹88 /sq ft a month · 2 BHK ≈ ₹65,824/mo | Median asking rent in Borivali West, 13 live listings. At the project rate that is about 3.0% gross a year before costs. |
| Infrastructure potential | Borivali–Thane Tunnel | Already open: Metro Line 7, Metro 2A. To BKC: about 60 min today, 28 min once Metro Line 7 + Tunnel is fully running (construction). |
| Scope of capital appreciation | Good | Because of: priced close to (or below) ready resale; new transport links still to open; possession within 3 years. 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 Param would rent for
Indicative monthly asking rents use at least five recent, comparable residential listing observations of the same BHK configuration in Borivali West. These are locality comparisons, not confirmed rents achieved in Param.
Estimated monthly asking rent: 2 BHK: ₹65,824.
| Configuration | Carpet | Borivali West rent today | Estimated rent |
|---|---|---|---|
| 2 BHK | Members | ₹88/sq ft/mo (6 observations) | ≈ ₹65,824/mo |
Estimate = carpet area (members see it) × the live median rent per sq ft for that configuration in Borivali West on Real Estate Mumbai. Indicative locality comparison; reconfirm property-specific terms.
The resale market Param competes with
40 recent 2 BHK residential asking-price observations in Borivali West: median ₹2.38 Cr, or ₹33,842 per sq ft of carpet. The middle half asks ₹31,552–₹36,236 per sq ft. These are listing observations, not unique homes or registered transactions.
Where Borivali West prices are moving
Real Estate Mumbai's Borivali West price index reads 105.9 for Oct 2026 (base 100), a median asking ₹34,223 per sq ft across 143 listings, up 1.2% on the month. By configuration: 1 BHK ₹29,040, 2 BHK ₹33,566, 3 BHK ₹35,512, 4 BHK+ ₹38,776 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Oct 2026 | ₹34,223 | 105.9 | +1.2% | 143 |
| Sep 2026 | ₹33,812 | 104.6 | +3.1% | 93 |
| 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.
Param on MahaRERA — what to check before you book
Param 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 |
|---|---|---|---|---|---|
| Sumit Kmr Param | P51800076840 | Sumit KMR Param Phase 1 · 39 fl | 222 | Mar 2029 | Jul 2024 |
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 Borivali West
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Property listings in Borivali West
Listed resale and rental options. Reconfirm availability before arranging a viewing. 2 BHK and larger first.
About Param
PARAM in Borivali West is a landmark luxury development crafted by Sumit Group and KMR Group, designed to redefine signature living in one of Mumbai’s most sought-after western suburbs. The project features a premium collection of spacious 2 & 3 BHK residences, grand 4 BHK homes, and exclusive duplex abodes, each planned with thoughtful layouts, modern aesthetics, and private decks that offer expansive views. Every home is created to enhance natural light, ventilation, and overall comfort, making PARAM a perfect blend of luxury and practicality. Spread across an expansive open land parcel, PARAM stands apart as a non-redevelopment project, offering better planning, openness, and long-term value. The development embraces Vaastu-compliant layouts and includes over 30 luxurious lifestyle amenities thoughtfully distributed across three levels. Residents can enjoy a grand double-height entrance, landscaped greens, fitness zones, recreational spaces, children’s areas, and multiple leisure experiences designed to enrich everyday living. The podium-level parking with dual ramp access ensures smooth entry and exit, adding to the project’s convenience and functionality. Located in the heart of Borivali West, PARAM offers exceptional connectivity to key destinations. The Borivali West Metro Station is just minutes away, while the Borivali Railway Station and the Western Express Highway can be reached quickly, ensuring seamless east–west and north–south travel. The project is surrounded by proposed gardens and green zones, enhancing the overall environment. Leading educational institutions, premium restaurants, shopping areas, and reputed hospitals are all within close reach, making it an ideal address for both families and professionals. With its strategic location, premium lifestyle, and the trust of two renowned developers, PARAM stands as a benchmark of luxury living in Borivali West. The project is registered under MahaRERA No. P51800076840, ensuring transparency and confidence for homebuyers.
Amenities
Next steps — clarity before you step out
Want the other side of the argument? Ask for our second opinion on WhatsApp — Param against the ready homes above, for your budget.
Param — the questions investors ask
What is the price of Param, Borivali West?
What rent can a flat in Param earn?
What are comparable resale asking prices in Borivali West?
Are prices in Borivali West rising?
Is Param MahaRERA registered?
What can I buy in Borivali West today instead?
How do I get the price list or a site visit for Param?
Who is the builder of Param?
What is the possession status of Param?
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 11 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 Param
Baburao Paranjpe Marg, Borivali West · Sumit Group