Reema Terrace Sold Out in Borivali West
Reema Terrace in Shimpoli Road, Borivali West by Karnani Group is a sold out 2 BHK residential project at ₹7,500/sq ft. Ready resale 2 BHK flats in Borivali West ask a median ₹33,871 per sq ft carpet. Updated 6 Mar 2026.
📍 Shimpoli Road, Borivali West · by Karnani Group
Reema Terrace is a sold out residential project by Karnani Group at Shimpoli Road, Borivali West. The configurations on record are 2 BHK. Project facts and property enquiries for Reema Terrace, 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
Reema Terrace: price, rent, infrastructure and growth
| Measure | Figure | What it means |
|---|---|---|
| Project pricing | ₹7,500 /sq ft | Developer rate on record. Confirm the carpet basis and current price list. |
| Borivali West micro-market rate | ₹34,759 /sq ft | Resale median across 91 live Borivali West listings; middle half ₹31,121–₹37,500. This project asks 78% less than resale. |
| Rent potential | ₹93 /sq ft a month | Median asking rent in Borivali West, 14 live listings. At the project rate that is about 14.9% 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; rental yield around 14.9%; 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
There are not enough recent, comparable observations to publish a rental estimate for this project's recorded configurations. 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.
The resale market Reema Terrace competes with
43 recent 2 BHK residential asking-price observations in Borivali West: median ₹2.35 Cr, or ₹33,871 per sq ft of carpet. The middle half asks ₹30,921–₹36,678 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 102.7 for Nov 2026 (base 100), a median asking ₹33,186 per sq ft across 161 listings, down 3.2% on the month. By configuration: 1 BHK ₹31,111, 2 BHK ₹32,624, 3 BHK ₹35,823 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Nov 2026 | ₹33,186 | 102.7 | -3.2% | 161 |
| Oct 2026 | ₹34,297 | 106.1 | +1.4% | 149 |
| 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.
Everything we do in Borivali West
Homes to rent and buy, new projects under construction, and offices to lease or buy — one Real Estate Mumbai team for all of it.
.webp)
Property listings in Borivali West
Listed resale and rental options. Reconfirm availability before arranging a viewing. 2 BHK and larger first.
About Reema Terrace
Reema Terrace is one of the projects developed by Karnani Developers and Builders and enjoys an exclusive surrounding.
Amenities
Connectivity
Next steps — clarity before you step out
Want the other side of the argument? Ask for our second opinion on WhatsApp — Reema Terrace against the ready homes above, for your budget.
Reema Terrace — the questions investors ask
What is the price of Reema Terrace, Borivali West?
What are comparable resale asking prices in Borivali West?
Are prices in Borivali West rising?
What can I buy in Borivali West today instead?
How do I get the price list or a site visit for Reema Terrace?
Who is the builder of Reema Terrace?
What is the possession status of Reema Terrace?
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 Reema Terrace
Shimpoli Road, Borivali West · Karnani Group