Neel Rekha

At Neel Rekha, developed by Tasmai Spaces, homes have changed hands at a registered median of ₹20,121/sqft on a carpet-area basis. That is 8% below the wider Borivali West registered median of ₹21,939/sqft (2026 YTD basis), placing it in the premium band for the area.

The building is in Borivali West, pincode 400092, within the Borivali West micro-market of the Mumbai Metropolitan Region.

Registered activity here is mostly in 3BHK homes of around 883 sqft carpet. Across the building's registered deals, rates have ranged roughly ₹17,194/sqft to ₹23,076/sqft — a spread that reflects differences in floor, view and configuration rather than a trend over time.

The project is MahaRERA-registered, first registered in 2017, and its declared possession has been extended 1 time, 1 complaint is on record with MahaRERA. These are due-diligence signals worth checking on the MahaRERA portal before committing — the counts are the registered facts; the particulars of each are published there. Declared completion is Dec 2019.

The most recent registered sale we hold here is from Jul 2021 — more than 18 months ago — so treat the figures above as dated and look for fresher deals before relying on them.

For local context, the nearby Borivali West buildings compared at the foot of this page carry registered medians spanning roughly ₹19,830/sqft to ₹20,726/sqft.

Every figure here comes from registered sale deeds — the price on which stamp duty was actually paid — not asking prices or listings. It is a growing sample from Finclara's ledger, not the whole market and not an official record, so use it to sanity-check what a home at Neel Rekha should cost, then verify independently. Ask Clara whether a specific quote is fair.