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MICL Insignia Vile Parle West, Mumbai

MICL Insignia is an Apartment project by MICL Group, offering 2 BHK, 3 BHK Flats units in Vile Parle West, Mumbai. The project spreads across 0.098 Acres and offers unit sizes ranging from 733 Sq.Ft. to 953 Sq.Ft.. Prices start at ₹ 3.92 Cr , with Ready to Move units available.
  • ₹3.92 Cr - 5.09 Cr + Charges
    Price Insights
  • Project Status Ready to Move
    Ready to Move Since Dec 2024
    RERA Updates
  • Unit Config 2, 3 BHK Flats
    Size 733 to 953
    Sq. Ft
    Number of Units 43
    Total area 0.098 Acres
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About MICL Insignia

MICL Insignia is a well-designed, premium apartment project that offers 43 units ranging from 2BHK to 3BHK. The project is located in Mumbai Western Suburbs, Mumbai and is well connected to Swami Vivekanand Road, it is designed with convenience and comfort as the sole priority. The project is closed proximity to beaches and theaters such as Juhu Beach, Versova Beach and Prithvi Theatre. The project is easily connectivity to Vile Parle Railway Station and D N Nagar Metro Station.

MICL Insignia Price List

Unit Type (Carpet) Price*
2 BHK Apartment 733
Sq. Ft
₹ 3.92 Cr Check Availability
2 BHK Apartment 751
Sq. Ft
₹ 4.01 Cr Check Availability
3 BHK Apartment 953
Sq. Ft
₹ 5.09 Cr Check Availability

MICL Insignia Recent Updates

Last Update: Jun 2026
Jun 2026
Rent in MICL Insignia ranges from ₹ 85 K to ₹ 2 L with options available for 2 BHK, 3 BHK.
Mar 2026
During Q1'2026, average property prices for MICL Insignia moved from ₹ 49,550/sqft to ₹ 53,500/sqft, reflecting a 7.97% rise.
Dec 2025
During Q4'2025, average property prices for MICL Insignia moved from ₹ 48,200/sqft to ₹ 49,550/sqft, reflecting a 2.80% rise.
Dec 2025
A total of 40 out of 40 launched units have been booked as of December 2025, including , 100% of 3 BHK(19 units), 2 BHK(21 units).
Aug 2023
A total of 40 out of 40 launched units have been booked as of August 2023, including , 100% of 3 BHK(19 units), 2 BHK(21 units).
Aug 2022
A total of 35 out of 43 launched units have been booked as of August 2022, including 81% of 3 BHK(17 out of 21 units), 82% of 2 BHK(18 out of 22 units).
Jun 2022
Structural Works reach 40% completion.
Jun 2022
A total of 34 out of 43 launched units have been booked as of June 2022, including 76% of 3 BHK(16 out of 21 units), 82% of 2 BHK(18 out of 22 units).
Feb 2021
INSIGNIA, developed by SHREEPATI RISE ESTATE LLP, officially launched on 10-Feb-2021 and expected to complete by 30-Dec-2024. Registered under RERA No. P51800028166. The project comprises 1 towers and offers 40 residential units, including 2 BHK, 3 BHK, with unit sizes ranging from 732 to 990 Square feet across a total area of 0.10 Acre.

MICL Insignia Floor Plans

  • 2 BHK
  • 3 BHK
  • 733 sq.ft ₹ 3.92 Cr
  • 751 sq.ft ₹ 4.01 Cr
  • 953 sq.ft ₹ 5.09 Cr
Floor plan of 2 BHK 733 Sq. Ft. Apartment in MICL Insignia, Mumbai
2 BHK 733 Sq. Ft. Apartment
₹ 3.92 Cr + Charges
₹ 2.72 L EMI

MICL Insignia Photos & Videos

MICL Insignia Amenities

  • Power Backup
  • 24 x 7 Security
  • CCTV / Video Surveillance
  • Fire Fighting Systems
  • Lift
  • 24*7 Water Supply
  • High Speed Elevators
  • Intercom Facility
  • Kids' Play Areas / Sand Pits
  • Gymnasium
  • Swimming Pool

MICL Insignia Specifications

Master Bedroom-Walls Plastic Emulsion
Master Bedroom-Flooring Vitrified Tiles
Other Bedrooms-Flooring Vitrified Tiles
Walls Acrylic Emulsion
Living Area-Flooring Vitrified Tiles
Structure RCC Frame Structure

Downloads Hub for MICL Insignia

Download brochure, master plan & walkthrough video of MICL Insignia to explore floor plans, layout, and complete project details in Vile Parle West, Mumbai.

Master Plan

Overall project layout & design

Walkthrough Video

Virtual tour of the property

Nearby Landmarks - MICL Insignia

Prime Connectivity Map
Nearby Places
  • Svkm International School
    School
    0.5 km
  • Mithibai College
    Bus Stop
    0.4 km
  • Richfeel Trichology Center
    Hospital
    0.1 km

Is MICL Insignia Right for You?

Insights based on nearby schools, healthcare, connectivity, workplaces and everyday infrastructure.

For Families

Beyond education and healthcare access, nearby parks and everyday conveniences can support a more comfortable family lifestyle.

  • Svkm International School within walking distance
  • Richfeel Trichology Center nearby for healthcare access
  • Pushpa Narsee Park nearby for outdoor time

Check Travel Time

Connecting Roads - MICL Insignia

  • Swami Vivekanand Road ~ 2.5 Kms
  • Western Express Highway ~ 2 Kms

MICL Insignia RERA Details

P51800028166 Insignia Rera Url : https://maharerait.maharashtra.gov.in/project/view/33307
  • Square Yards RERA Reg. A51800000454

Price Rates & Insights for MICL Insignia

Property Valuation

Comprehensive assessment of your property's current worth in the current market

Price Trend in MICL Insignia
MICL Insignia's average asking price is stable quarter-on-quarter, compared with Vile Parle West.
Quarter Child Rate Parent Rate
Jun 2026 53500 49550
Mar 2026 53500 49900
Dec 2025 49550 48200
Sep 2025 48200 44100
Asking Price in MICL Insignia
MICL Insignia has 1 Listings on Marketplaces with Median Price of ₹ 53.5 K/Sq.Ft.
Transaction Value Sale Count
53.5K - 54K 1
Rental Supply in MICL Insignia
Monthly Rent in MICL Insignia start from ₹ 85 K with options available for 2 BHK units
Configurations In MICL Insignia In Vile Parle West
1 BHK - ₹ 52.7 K
2 BHK ₹ 85 K ₹ 86.6 K
3 BHK - ₹ 1.7 L
4 BHK - ₹ 3.5 L
Comparable Project Pricing for MICL Insignia
MICL Insignia avg. price is ₹ 53.5 K/Sq.Ft. compared to Vile Parle West at ₹ 49.5 K/Sq.Ft.
₹ 53,500
MICL Insignia
₹ 49,550
Vile Parle West
₹ 48,000
Kolte Patil Jai Vijay
₹ 38,450
Mahindra Lifespaces Vicino A3 A4
₹ 37,800
Mahindra Lifespaces Vivante
Square Yards' Data Intelligence powers real estate with the most comprehensive & accurate authenticated data. See how it can work for your business
Locality Insights: Vile Parle West
Located in the western part of Mumbai, Maharashtra, India, Vile Parle West is a suburb renowned for its lively residential areas, busy markets, educational institutions, and rich cultural scene. It is bounded by Juhu to the west, Andheri to the north, Santa Cruz to the south, and the Western Express Highway to the east. Moreover, Vile Parle West’s proximity to domestic and international airports makes it a convenient choice for travellers and professionals. Furthermore, with a diverse popula
Price Insights Price Insights
Average Asking Price in Vile Parle West
₹ 49,900/Sq.ft
For Apartment Based on active listings and recent trends
Property Rates in Vile Parle West
Locality Rank
Locality Rank #64 in Mumbai
Based on demand, livability, and activity
Know More About Vile Parle West
Reviews Reviews (2)
Nice. Clean society
— suhshil lad, Real estate agent
About MICL Group
MICL Group Logo
  • Total Projects 17
  • Delivered Projects10

Known as one of the pioneering real estate developers in Mumbai, the legacy of MICL Group dates 50 years ago. Incepted under the name of the parent company Man Infraconstruction Ltd., MICL group is not a new entrant in the field of development. The brand has a history of constructing reputed projects like the Nhava Sheva International Container Terminal at Jawaharlal Nehru Port Terminal, Navi Mumbai. Their rich construction experience and the trust put in by the customers has given them the strength and confidence for the construction of residential projects in the economic capital of India – Mumbai. Following that, the brand delivered more than 2.5 million Square Feet of property across various corners of Mumbai. Consequently, these properties have managed to dominate the hearts of customers and given them the thrill of living in an upscale society at an affordable price.

Projects by MICL Group in Mumbai
  • All
  • Under Construction
  • Ready to Move

How does MICL Insignia compare with other top projects?

Compare MICL Insignia with similar projects. Evaluate pricing, configurations, possession timelines, and project scale to find the best fit for your needs.
The Honest Take
current Project
MICL Insignia
MICL Insignia
Vile Parle West, Mumbai
Price ₹3.92 Cr - 5.09 Cr
Configuration 2, 3 BHK Flats
Unit Size 733 to 953 Sq. Ft
Possession Dec 2024
Status
Ready to Move
RERA No.
P51800028166
Land Area 0.098 Acres
Total Units 43
Density 439 Units/Acre
Hubtown The Premiere
Hubtown The Premiere
Andheri West, Mumbai
Price ₹5.71 Cr
Configuration 2, 3 BHK Flats
Unit Size 244 to 1274 Sq. Ft
Possession Jul 2029
Status
Partially Ready To Move
RERA No.
P51800002671 P51800002977P51800006839P51800005688P51800003575P51800005224
Land Area 2.21 Acres
Total Units 322
Density 146 Units/Acre
Mahindra Lifespaces Vivante
Mahindra Lifespaces Vivante
Andheri East, Mumbai 5.0
Price ₹1.64 Cr - 4.54 Cr
Configuration 1, 2, 3 BHK Flats
Unit Size 430 to 1189 Sq. Ft
Possession Oct 2019
Status
Ready to Move
RERA No.
P51800000242
Land Area 2.9 Acres
Total Units 104
Density 36 Units/Acre
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Frequently Asked Questions About MICL Insignia

Q: Can I rent out my flat in MICL Insignia immediately after purchase?

Yes, since MICL Insignia is ready and legally compliant, owners can rent out their flats soon after registration. Rental demand is supported by the locality’s ranking of 64 and connectivity indices.

Q: Is MICL Insignia more expensive than under-construction projects nearby?

Ready to Move projects like MICL Insignia may be priced slightly higher, but they eliminate construction delays, GST, and rental overlap costs.

Q: How can I verify the legal status of my flat in MICL Insignia before buying?

Before purchasing in MICL Insignia, verify the land title, chain of ownership, and encumbrance status. Also cross-check the RERA registration number P51800028166 and confirm approvals with local authorities for the address Vile Parle West Mumbai, 400056.

Q: Is MICL Insignia a Ready to Move project?

Yes, MICL Insignia is a Ready to Move residential project, allowing buyers to take possession immediately without any construction wait.

Q: What are the popular amenities available at MICL Insignia?

Residents of MICL Insignia can enjoy amenities such as Gymnasium, Swimming Pool, Power Backup, High Speed Elevators, 24 x 7 Security, CCTV / Video Surveillance, Reading Room/Library, Party Hall, Normal Park / Central Green, designed for comfort and a modern lifestyle.

i *Disclaimer

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.
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