Vira AvenueUnder Construction in Vile Parle East
📍 Ram Mandir Road & Tilak Road, Vile Parle East · by Vira Realty
Vira Avenue is a under construction residential project by Vira Realty at Ram Mandir Road & Tilak Road, Vile Parle East. The configurations on record are 2, 3 & 4 BHK of 821, 1,260 and 2,091 sq ft carpet. This page is Real Estate Mumbai's read on Vira Avenue against the resale and rental market in Vile Parle 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 Vira Avenue would rent for
Vile Parle East has 1 live 2 BHK rentals on Real Estate Mumbai today, at a median of ₹1.6 L a month — about ₹213 per sq ft of carpet a month (middle half ₹213–₹213).
At today's rates that makes a 821 sq ft 2 BHK roughly ₹1.75 L a month, a 1,260 sq ft 3 BHK roughly ₹1.47 L a month and a 2,091 sq ft 4 BHK roughly ₹2.59 L a month.
At ₹44,955 per sq ft, that is a gross rental yield of about 3.1% to 5.7% — 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 | Vile Parle East rent today | Estimated rent | Gross yield |
|---|---|---|---|---|
| 2 BHK | 821 sq ft | ₹213/sq ft/mo (1 live) | ≈ ₹1.75 L/mo | ~5.7% |
| 3 BHK | 1,260 sq ft | ₹117/sq ft/mo (2 live) | ≈ ₹1.47 L/mo | ~3.1% |
| 4 BHK | 2,091 sq ft | ₹124/sq ft/mo (3 live) | ≈ ₹2.59 L/mo | ~3.3% |
Estimate = carpet area × the live median rent per sq ft for that configuration in Vile Parle East on Real Estate Mumbai. Indicative; a new building with sea views can command more.
The resale market Vira Avenue competes with
9 2 BHK resale homes are on the market in Vile Parle East right now, median ₹2.7 Cr at ₹40,000 per sq ft; the middle half asks ₹34,615–₹46,957. Listings are on average 32 days old.
Vira Avenue prices at ₹44,955 per sq ft — 12% above the resale median and inside the middle 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.
Where Vile Parle East prices are moving
Real Estate Mumbai's Vile Parle East price index reads 93.4 for Sep 2026 (base 100), a median asking ₹39,886 per sq ft across 10 listings, up 0.3% on the month. By configuration: 3 BHK ₹39,886 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Sep 2026 | ₹39,886 | 93.4 | +0.3% | 10 |
| Aug 2026 | ₹39,772 | 93.1 | -6.9% | 11 |
| Jul 2026 | ₹42,719 | 100.0 | — | 30 |
Real Estate Mumbai price index, computed monthly from live asking prices in Vile Parle East (base 100). Asking, not registered, prices.
Vira Avenue on MahaRERA — what to check before you book
Vira Avenue 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 |
|---|---|---|---|---|---|
| Vira Avenue | P51800076751 | Vira Avenue Wing A · 3 fl, Vira Avenue Wing B · 11 fl | 85 | Apr 2027 | Jun 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 Vile Parle East you can buy or rent today
Real Estate Mumbai's own listings — the honest alternative to waiting for a launch. 2, BHK and larger first.
About Vira Avenue
Experience ultra-premium living at Vira Avenue, an iconic residential development in Vile Parle East offering spacious 4 & 5 BHK luxury flats and duplex residences with RERA carpet areas ranging from 1040 to 1770 sq. ft. Designed with east-west cross ventilation, non-obstructive west-facing views, expansive sundecks, and terrace garden features, this under-construction project blends architectural elegance with functional comfort. Strategically located near Ram Mandir Road and Tilak Mandir Road, Vira Avenue enjoys excellent connectivity to Western Express Highway, Vile Parle railway station, Mumbai International Airport, and leading educational institutions and healthcare facilities. The project features a grand entrance lobby, rooftop lifestyle amenities, state-of-the-art gym, high-speed elevators, 24x7 CCTV security, vastu-compliant layouts, and dedicated driveway access to innovative basement parking. With limited premium residences in a prime Vile Parle East location, Vira Avenue presents a compelling opportunity for luxury homebuyers seeking expansive 4 & 5 BHK flats in Mumbai’s highly sought-after western suburb.
Amenities
Next steps — clarity before you step out
Want the other side of the argument? Ask for our second opinion on WhatsApp — Vira Avenue against the ready homes above, for your budget.
Vira Avenue — the questions investors ask
What rent can a flat in Vira Avenue earn?
Is Vira Avenue priced above resale in Vile Parle East?
Are prices in Vile Parle East rising?
Is Vira Avenue MahaRERA registered?
What can I buy in Vile Parle East today instead?
How do I get the price list or a site visit for Vira Avenue?
Who is the builder of Vira Avenue?
What is the possession status of Vira Avenue?
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 23 Jul 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 Vira Avenue
Ram Mandir Road & Tilak Road, Vile Parle East · Vira Realty
