Rakshi ElanzaUnder Construction in Andheri East
📍 Mc Chagla Rd, near Godfery Philips indian, Andheri East · by Atul Projects India Pvt. Ltd
Rakshi Elanza is a under construction residential project by Atul Projects India Pvt. Ltd at Mc Chagla Rd, near Godfery Philips indian, Andheri East. The configurations on record are 1 & 2 BHK of 386 and 621 sq ft carpet. This page is Real Estate Mumbai's read on Rakshi Elanza against the resale and rental market in Andheri East — 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 Rakshi Elanza would rent for
Andheri East has 173 live rentals on Real Estate Mumbai today, at a median of ₹86,000 a month — about ₹125 per sq ft of carpet a month (middle half ₹107–₹150).
At today's rates that makes a 386 sq ft 1 BHK roughly ₹48,250 a month and a 621 sq ft 2 BHK roughly ₹70,173 a month.
At ₹27,000 per sq ft, that is a gross rental yield of about 5.0% to 5.6% — 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 | Andheri East rent today | Estimated rent | Gross yield |
|---|---|---|---|---|
| 1 BHK | 386 sq ft | ₹125/sq ft/mo (173 live) | ≈ ₹48,250/mo | ~5.6% |
| 2 BHK | 621 sq ft | ₹113/sq ft/mo (67 live) | ≈ ₹70,173/mo | ~5.0% |
Estimate = carpet area × the live median rent per sq ft for that configuration in Andheri East on Real Estate Mumbai. Indicative; a new building with sea views can command more.
The resale market Rakshi Elanza competes with
311 resale homes are on the market in Andheri East right now, median ₹2.6 Cr at ₹34,856 per sq ft; the middle half asks ₹31,710–₹39,099. Listings are on average 33 days old.
Rakshi Elanza prices at ₹27,000 per sq ft — 23% below the resale median and below most 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 Andheri East asks a median ₹49,047 per sq ft (21 live).
Where Andheri East prices are moving
Real Estate Mumbai's Andheri East price index reads 100.4 for Sep 2026 (base 100), a median asking ₹38,578 per sq ft across 318 listings, down 1.0% on the month. By configuration: 1 BHK ₹33,023, 2 BHK ₹34,662, 3 BHK ₹35,714, 4 BHK+ ₹50,911 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Sep 2026 | ₹38,578 | 100.4 | -1.0% | 318 |
| 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.
Rakshi Elanza on MahaRERA — what to check before you book
Rakshi Elanza 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 |
|---|---|---|---|---|---|
| Rakshi-Elanza | P51800023224 | ELANZA · 15 fl | — | Jul 2027 | 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 Andheri East you can buy or rent today
Real Estate Mumbai's own listings — the honest alternative to waiting for a launch. 1 BHK and larger first.
About Rakshi Elanza
Joint Venture with Rakshi Developer and Atul Projects - Sep 2025 - Builder Possession Discover Rakshi Elanza in Andheri East – premium 1, 2 & 3 BHK residences that redefine urban comfort. Experience a perfect mix of modern design and tranquil surroundings with luxury amenities like a rooftop lounge, jogging track, meditation deck, landscaped garden, and children's play area. Enjoy seamless connectivity to major landmarks, entertainment hubs, and lifestyle conveniences. Live where elegance meets serenity at Rakshi Elanza, Andheri East.
Amenities
Next steps — clarity before you step out
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Rakshi Elanza — the questions investors ask
What rent can a flat in Rakshi Elanza earn?
Is Rakshi Elanza priced above resale in Andheri East?
Are prices in Andheri East rising?
Is Rakshi Elanza MahaRERA registered?
What can I buy in Andheri East today instead?
How do I get the price list or a site visit for Rakshi Elanza?
Who is the builder of Rakshi Elanza?
What is the possession status of Rakshi Elanza?
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 14 Sep 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 Rakshi Elanza
Mc Chagla Rd, near Godfery Philips indian, Andheri East · Atul Projects India Pvt. Ltd
