Velvet Life Sold Out in Andheri East
Velvet Life in Old Nagardas Road, Andheri East by Puri Creators is a sold out 2 & 3 BHK residential project at ₹32,010/sq ft, MahaRERA possession Dec 2026. Ready resale 2 BHK flats in Andheri East ask a median ₹33,905 per sq ft carpet. Updated 11 Aug 2026.
📍 Old Nagardas Road, Andheri East · by Puri Creators
Velvet Life is a sold out residential project by Puri Creators at Old Nagardas Road, Andheri East. The configurations on record are 2 & 3 BHK, about 700–1,200 sq ft carpet. Project facts and property enquiries for Velvet Life, 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
Velvet Life floor plans
Plans as shared by the developer; check the carpet area in the MahaRERA record and the agreement.
Velvet Life carpet area and sizes
| Configuration | Carpet area | Developer price from | For sale | On rent |
|---|---|---|---|---|
| 2 BHK | 709–850 sq ft | — | — | — |
| 3 BHK | 1,165–1,188 sq ft | — | — | — |
Carpet area as the typical range (10th to 90th percentile) of recorded configurations and listings.
2 BHK flats in Velvet Life
2 BHK at Velvet Life, Andheri East: carpet 709–850 sq ft.
3 BHK flats in Velvet Life
3 BHK at Velvet Life, Andheri East: carpet 1,165–1,188 sq ft.
Velvet Life: price, rent, infrastructure and growth
| Measure | Figure | What it means |
|---|---|---|
| Project pricing | ₹32,010 /sq ft · ₹2.27 Cr – ₹3.8 Cr | Developer rate on record. Confirm the carpet basis and current price list. |
| Andheri East micro-market rate | ₹35,562 /sq ft | Resale median across 156 live Andheri East listings; middle half ₹32,137–₹40,972. This project asks 10% less than resale. |
| Rent potential | ₹123 /sq ft a month · 2 BHK ≈ ₹81,535/mo | Median asking rent in Andheri East, 78 live listings. At the project rate that is about 4.6% gross a year before costs. |
| Scope of capital appreciation | Good | Because of: priced close to (or below) ready resale; rental yield around 4.6%. 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 Velvet Life 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 Velvet Life.
Estimated monthly asking rent: 2 BHK: ₹81,535, 2 BHK: ₹91,195 and 2 BHK: ₹97,750.
| Configuration | Carpet | Andheri East rent today | Estimated rent |
|---|---|---|---|
| 2 BHK | Members | ₹115/sq ft/mo (33 observations) | ≈ ₹81,535/mo |
| 2 BHK | Members | ₹115/sq ft/mo (33 observations) | ≈ ₹91,195/mo |
| 2 BHK | Members | ₹115/sq ft/mo (33 observations) | ≈ ₹97,750/mo |
| 3 BHK | Members | ₹120/sq ft/mo (27 observations) | ≈ ₹1.4 Lakh/mo |
| 3 BHK | Members | ₹120/sq ft/mo (27 observations) | ≈ ₹1.43 Lakh/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 Velvet Life competes with
60 recent 2 BHK residential asking-price observations in Andheri East: median ₹2.5 Cr, or ₹33,905 per sq ft of carpet. The middle half asks ₹31,332–₹37,500 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 103.6 for Nov 2026 (base 100), a median asking ₹39,836 per sq ft across 319 listings, up 2.1% on the month. By configuration: 1 BHK ₹33,333, 2 BHK ₹36,638, 3 BHK ₹38,461, 4 BHK+ ₹50,911 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Nov 2026 | ₹39,836 | 103.6 | +2.1% | 319 |
| Oct 2026 | ₹39,024 | 101.5 | +1.7% | 305 |
| 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.
Velvet Life MahaRERA and possession
Velvet Life 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 |
|---|---|---|---|---|---|
| Puri Seleqt | P51800049868 | Puri SeleQt · 21 fl | 183 | Dec 2026 | Jan 2026 |
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
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Property listings in Andheri East
Listed resale and rental options. Reconfirm availability before arranging a viewing. 2 BHK and larger first.
About Velvet Life
Velvet Life is a residential project located in Andheri East, Old Nagardas Road. Currently under construction, the project offers 2 BHK, 3 BHK apartments with carpet areas ranging from 709 to 1188 sq.ft, priced from ₹2.27 Cr ++. The development comprises 16 floors. RERA registered (P51800049868).
Amenities
Next steps — clarity before you step out
Want the other side of the argument? Ask for our second opinion on WhatsApp — Velvet Life against the ready homes above, for your budget.
Velvet Life — the questions investors ask
What is the price of Velvet Life, Andheri East?
What rent can a flat in Velvet Life earn?
What are comparable resale asking prices in Andheri East?
Are prices in Andheri East rising?
Is Velvet Life MahaRERA registered?
What can I buy in Andheri East today instead?
How do I get the price list or a site visit for Velvet Life?
Who is the builder of Velvet Life?
What is the possession status of Velvet Life?
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 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 Velvet Life
Old Nagardas Road, Andheri East · Puri Creators