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Shree Modi Rashmi Terrace Borivali West, Mumbai
About Shree Modi Rashmi Terrace, Borivali West by Shree Modis Navnirman
Introducing Shree Modi Rashmi Terrace, a premier residential project located in the heart of Borivali West. This project offers 1 BHK and 2 BHK apartments with a modern and sophisticated design. With proximity to New Link Road and Western Express Highway, residents will have easy access to major commercial and entertainment hubs. Shree Modi Rashmi Terrace is a RERA-approved project with a unique combination of amenities and specifications that cater to the needs of modern living.
The project features a range of amenities, including kids play areas and sand pits for young residents. Additionally, the project provides power backup to ensure consistent supply of electricity. Shree Modi Rashmi Terrace is a haven for those seeking a comfortable and convenient lifestyle. The project s proximity to major roads and public transportation systems makes it an ideal choice for those who work or study in Mumbai.
The project offers a range of unit options to suit different needs and budgets. Available unit options include a 1 BHK apartment with a carpet area of 409 sq. ft., priced at 80.00 Lac. Additionally, the project offers two types of 2 BHK apartments: one with a carpet area of 521 sq. ft., priced at 1.02 Cr, and another with a carpet area of 711 sq. ft., priced at 1.39 Cr.
Available Unit OptionsThe following table outlines the available unit options at Shree Modi Rashmi Terrace:
| Unit Type | Area (Sq. Ft.) | Price (Rs.) |
| 1 BHK Apartment | 409 | 80.00 Lac |
| 2 BHK Apartment | 521 | 1.02 Cr |
| 2 BHK Apartment | 711 | 1.39 Cr |
This residential project is situated near several essential landmarks, offering a unique blend of convenience, comfort, and accessibility. These landmarks facilitate the daily needs of residents and enhance their overall quality of life.
- Smt JB Khot High School is just 0.53 km away, making it a convenient and safe option for families with children.
- Bhargav Hospital is 0.52 km away, providing timely medical attention in case of an emergency.
- Pahadi Eksar Metro Station is 0.59 km away, providing a direct link to the city and ease of commuting.
- Hotel Granville is 0.48 km away, perfect for guests and visitors.
- The Zone Mall is 0.92 km away, offering a range of shopping and dining options for residents.
- The Orion Business Park is 0.79 km away, catering to the business needs of professionals and entrepreneurs.
A review of the recent government-registered transactions in the real estate market reveals a remarkable stability in the market rates. Over the past three months, the rates have remained unchanged, with the current rate sitting at 16,360, showcasing a zero price movement. Similarly, the 6-month analysis also depicts a steady trend with the same current rate and no price change. Furthermore, the 1-year aggregation also reflects the same stable market with a rentals rate of N/A and a current rate of 16,360, indicating a persistent zero price movement. This finding is a testament to the consistent performance of the real estate market, providing valuable insights for potential investors and buyers.
Shree Modi Rashmi Terrace Floor Plans and Pricing
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2 BHK Apartment - 521 sq. ft. (Carpet Area)
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2 BHK Apartment - 711 sq. ft. (Carpet Area)
Shree Modi Rashmi Terrace Price Trends and Market Insights
Price Trends
Shree Modi Rashmi Terrace's average asking price is cooling quarter-on-quarter, compared with Borivali West.
- Current asking price
- ₹ 25,550/sq.ft.
- Quarter over quarter price change
- -3.0% QoQ
Comparable Projects
Shree Modi Rashmi Terrace avg. price is ₹ 25.6 K/Sq.Ft. compared to Borivali West at ₹ 31.4 K/Sq.Ft.
Rentals
Monthly Rent in Borivali West ranges from ₹ 32.8 K to ₹ 73.8 K with options available for STUDIO,1,2,3 BHK units
Recent Updates
Get the latest price and market updates for Shree Modi Rashmi Terrace.
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Mumbai Coastal Road Project Progresses with Sea Link Connection Nearing Completion
The Mumbai Coastal Road project is advancing, with its sea link connection expected to be completed soon. The promenade and parking facilities are slated to open next year. This project aims to significantly improve connectivity between South and Western Mumbai, reducing travel time and enhancing the city's infrastructure.
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MMRDA to Complete Major Infrastructure Projects by December 2028
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.
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Mumbai's Water Stock at 95.97% with Seven Lakes Holding High Levels
Mumbai's water stock has reached 95.97%, with seven lakes maintaining high levels. This ensures a stable water supply for the city, though civic authorities continue to monitor reservoir levels and rainfall.
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During Q2'2026, average property prices for Shree Modi Rashmi Terrace moved from ₹ 25,650/sqft to ₹ 26,350/sqft, reflecting a 2.73% rise.
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MMRDA Presents Surplus Budget with Significant Allocation for Infrastructure
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.
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BMC Budget Includes ₹6,475 Crore for Water Security Projects
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.
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Mumbai-Pune Expressway 'Missing Link' Project Set for May 1 Inauguration, Promising Safer and Faster Travel
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.
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During Q1'2026, average property prices for Shree Modi Rashmi Terrace moved from ₹ 25,000/sqft to ₹ 25,650/sqft, reflecting a 2.60% rise.
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A total of 7 out of 23 launched units have been booked as of February 2026, including 19% of 1 BHK(3 out of 16 units), 57% of 2 BHK(4 out of 7 units).
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Structural Works reach 100% completion.
Amenities & Specifications of Shree Modi Rashmi Terrace
Sports
- Kids' Play Areas / Sand Pits
Convenience
- Power Backup
- 24*7 Water Supply
Safety
- 24 x 7 Security
- CCTV / Video Surveillance
- Fire Fighting Systems
Leisure
- Party Hall
- Indoor Games
Environment
- Normal Park / Central Green
Specifications
- Master Bedroom-Walls
- Oil Bound Distemper
- Master Bedroom-Flooring
- Vitrified Tiles
- Other Bedrooms-Flooring
- Vitrified Tiles
- Walls
- Oil Bound Distemper
- Living Area-Flooring
- Vitrified Tiles
- Structure
- RCC Frame Structure
Location and Connectivity Around Shree Modis Navnirman Borivali West

Connecting Roads
Trust & Verification
RERA Details of Shree Modi Rashmi Terrace
P51800032401
Rashmi Terrace
Rera Url:
- Square Yards RERA Reg. A51800000454
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Shree Modis Navnirman Track Record
Frequently Asked Questions About Shree Modi Rashmi Terrace
The project offers 1 BHK and 2 BHK apartments, with unit sizes of 409 Sq. Ft. and 521 Sq. Ft. / 711 Sq. Ft., respectively.
The project offers amenities like power backup, 24x7 security, kids play areas, party hall, and normal park/central green.
Shree Modi Rashmi Terrace is a ready-to-move project, offering the option of immediate possession.
The project offers 1 BHK apartments at 80.00 Lac and 2 BHK apartments at 1.02 Cr / 1.39 Cr, respectively.
Yes, the project is RERA-registered with registration number P51800032401.
The project is located nearby New Link Road and Western Express Highway, offering easy access to schools, hospitals, malls, and public transport.
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.