Avenue 18Under Construction in Bandra East
📍 Kherwadi, Bandra East · by Sajay Developers
Avenue 18 is a under construction residential project by Sajay Developers at Kherwadi, Bandra East. The configurations on record are 1, 2 & 3 BHK of 397, 408, 676, 878 and 1,062 sq ft carpet. This page is Real Estate Mumbai's read on Avenue 18 against the resale and rental market in Bandra 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 Avenue 18 would rent for
Bandra East has 609 live rentals on Real Estate Mumbai today, at a median of ₹2.5 L a month — about ₹211 per sq ft of carpet a month (middle half ₹189–₹250).
At today's rates that makes a 397 sq ft 1 BHK roughly ₹83,767 a month, a 408 sq ft 1 BHK roughly ₹86,088 a month and a 676 sq ft 2 BHK roughly ₹1.3 L a month.
At ₹46,045 per sq ft, that is a gross rental yield of about 5.0% to 5.9% — 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 | Bandra East rent today | Estimated rent | Gross yield |
|---|---|---|---|---|
| 1 BHK | 397 sq ft | ₹211/sq ft/mo (609 live) | ≈ ₹83,767/mo | ~5.5% |
| 1 BHK | 408 sq ft | ₹211/sq ft/mo (609 live) | ≈ ₹86,088/mo | ~5.5% |
| 2 BHK | 676 sq ft | ₹193/sq ft/mo (145 live) | ≈ ₹1.3 L/mo | ~5.0% |
| 3 BHK | 878 sq ft | ₹227/sq ft/mo (269 live) | ≈ ₹1.99 L/mo | ~5.9% |
| 3 BHK | 1,062 sq ft | ₹227/sq ft/mo (269 live) | ≈ ₹2.41 L/mo | ~5.9% |
Estimate = carpet area × the live median rent per sq ft for that configuration in Bandra East on Real Estate Mumbai. Indicative; a new building with sea views can command more.
The resale market Avenue 18 competes with
403 resale homes are on the market in Bandra East right now, median ₹6.44 Cr at ₹60,054 per sq ft; the middle half asks ₹52,178–₹66,619. Listings are on average 24 days old.
Avenue 18 prices at ₹46,045 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 Bandra East asks a median ₹69,289 per sq ft (58 live).
Where Bandra East prices are moving
Real Estate Mumbai's Bandra East price index reads 106.6 for Sep 2026 (base 100), a median asking ₹59,825 per sq ft across 404 listings, up 3.4% on the month. By configuration: 1 BHK ₹53,530, 2 BHK ₹54,545, 3 BHK ₹62,444, 4 BHK+ ₹68,779 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Sep 2026 | ₹59,825 | 106.6 | +3.4% | 404 |
| Aug 2026 | ₹57,861 | 103.1 | +3.1% | 273 |
| Jul 2026 | ₹56,117 | 100.0 | — | 304 |
Real Estate Mumbai price index, computed monthly from live asking prices in Bandra East (base 100). Asking, not registered, prices.
Avenue 18 on MahaRERA — what to check before you book
Avenue 18 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 |
|---|---|---|---|---|---|
| Sajay Avenue 18 | P51800053190 | Wing A and B · 21 fl | 194 | — | Jul 2024 |
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 Bandra 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 Avenue 18
Avenue18 boasts a range of essential amenities for contemporary living. Features include dedicated areas for Car Parking and Open Parking, promoting convenience. Environmental sustainability is ensured through Rain Water Harvesting, Fire Fighting Systems, Solid Waste Management And Disposal, Storm Water Drains, and Water Conservation measures like Sewage Treatment Plant. The development also prioritizes efficient Electrification methods, including Transformer and Solar Energy installations. Additionally, residents benefit from well-planned Internal Roads and a generous Aggregate Area of Recreational Open Space
Amenities
Next steps — clarity before you step out
Want the other side of the argument? Ask for our second opinion on WhatsApp — Avenue 18 against the ready homes above, for your budget.
Avenue 18 — the questions investors ask
What rent can a flat in Avenue 18 earn?
Is Avenue 18 priced above resale in Bandra East?
Are prices in Bandra East rising?
Is Avenue 18 MahaRERA registered?
What can I buy in Bandra East today instead?
How do I get the price list or a site visit for Avenue 18?
Who is the builder of Avenue 18?
What is the possession status of Avenue 18?
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 29 Aug 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 Avenue 18
Kherwadi, Bandra East · Sajay Developers
