Sports
- Kids' Play Areas / Sand Pits
- Yoga Areas
- Jogging / Cycle Track
₹68.57 Lac - 1.92 Cr
₹23,800 Per Sq. Ft.
View the latest price list for Iris Element.
*Prices are indicative and subject to applicable charges and project terms.
Iris Element's average asking price is stable quarter-on-quarter, compared with Malad West.
Iris Element avg. price is ₹ 23.1 K/Sq.Ft. compared to Malad West at ₹ 30.8 K/Sq.Ft.
Monthly Rent in Malad West ranges from ₹ 23.9 K to ₹ 1.6 L with options available for STUDIO,1,2,3,4 BHK units
Get the latest price and market updates for Iris Element.
MMRDA is on track to complete all its ongoing infrastructure projects by December 2028, a year ahead of its original deadline. These projects, part of the 'Mumbai in 59 Minutes' vision, include roads, tunnels, sea links, and metro corridors aimed at creating seamless east-west and north-south connectivity across the region.
A total of 1 residential transactions has been registered so far for Iris Element, amounting to ₹ 54 L till September 2026.
During Q2'2026, average property prices for Iris Element moved from ₹ 23,000/sqft to ₹ 23,100/sqft, reflecting a 0.43% rise.
MMRDA has presented a surplus budget of ₹48,072 crore, with 87% allocated to infrastructure projects, including roads, public transport, and urban development. A notable provision of ₹4,000 crore is earmarked for the development of Mumbai 3.0 New Town, aiming for planned urban expansion.
The BMC's FY26-27 budget includes a substantial allocation of ₹6,475 crore for water security initiatives. This funding is designated for projects such as the Manori desalination plant (₹500 crore) and the Gargai project (₹437.51 crore), aimed at augmenting the city's water supply capacity.
The highly anticipated 'Missing Link' project on the Mumbai-Pune Expressway is set to be inaugurated on May 1, significantly reducing travel time by approximately 30 minutes and enhancing safety. The 10.5-km stretch features tunnels and a bridge, bypassing the accident-prone Khandala Ghat. This infrastructure upgrade is expected to ease traffic congestion, improve travel safety.
ELEMENT Achieves 100% Construction Completion, Ready for Possession.
A total of 8 out of 32 launched units have been booked as of April 2026, including 28% of 2 BHK(8 out of 29).
During Q4'2025, average property prices for Iris Element moved from ₹ 23,950/sqft to ₹ 24,250/sqft, reflecting a 1.25% rise.
ELEMENT, officially launched on 22-Sep-2017 and expected to complete by 31-Mar-2018. Registered under RERA No. P51800013319. The project comprises 1 towers and offers 32 residential units, including 1 BHK, 2 BHK, with unit sizes ranging from 291 to 840 Square feet across a total area of 0.56 Acre.
1 Sales Transactions Registered in Iris Element From Oct 25 to Sep 26 at Avg. Price ₹ 17.3 K/Sq.Ft.
Transaction Period Oct 25 to Sep 26
Price:₹ 68.57 Lac
Price:₹ 1.03 Cr
Price:₹ 1.44 Cr
Price:₹ 1.92 Cr

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Trust & Verification
Element
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1 Sales Transactions Registered in Iris Element From Oct 25 to Sep 26 at Avg. Price ₹ 17.3 K/Sq.Ft.
Yes, purchasing apartment at Iris Element is legally safe, as the project has a possession status of Ready to Move and is registered under RERA with registration number P51800013319. Being a completed development, it significantly reduces construction, delivery, and compliance risks compared to under-construction projects
After taking possession at Iris Element, buyers should inspect electrical fittings, plumbing and water supply (municipal/borewell), elevator operations across 1, parking allocation, common areas, and verify that the flat matches the approved Oil Bound Distemper, Vitrified Tiles, RCC Frame Structure and inventory list before moving in.
Iris Element has received its completion and occupancy approvals. With a possession status of Ready to Move, buyers can move in immediately after completing purchase formalities.
Apartment prices at Iris Element start from ₹ 68.57 Lac and go up to ₹ 1.92 Cr, with an average price of ₹ 23,800 Per Sq. Ft. per sq ft.
Yes, since Iris Element is a Ready to Move project in Malad West, buyers can arrange site visits and inspect the actual apartment before finalizing the deal.
This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.
*Real Estate (Regulation & Development) Act, 2016.