Vikas Apartment Parel, Mumbai | Price List, Floor Plan, Reviews & RERA Details

Vikas Apartment Price List

Unit Type (BuiltUp)	Price*
2 BHK Apartment 775 Sq. Ft	₹ 2.87 Cr	Check Availability

Vikas Apartment Recent Updates

Last Update: Mar 2026

Mar 2026

During Q1'2026, average property prices for Vikas Apartment moved from ₹ 33,950/sqft to ₹ 37,200/sqft, reflecting a 9.57% rise.

Dec 2025

During Q4'2025, average property prices for Vikas Apartment moved from ₹ 29,050/sqft to ₹ 33,950/sqft, reflecting a 16.87% rise.

Vikas Apartment Floor Plans

2 BHK

775 sq.ft ₹ 2.87 Cr

Representative image for Floor plan of 2 BHK 775 Sq. Ft. Apartment in Vikas Apartment, Mumbai

Floor Plans Coming Soon We're working on updating the latest floor plans. Get notified when they're ready!

Vikas Apartment Amenities

Power Backup
24 x 7 Security
Lift
Treated Water Supply
24*7 Water Supply
Kids' Play Areas / Sand Pits
Indoor Games
Normal Park / Central Green

Vikas Apartment Specifications

Structure

RCC Frame Structure

Nearby Landmarks - Vikas Apartment

Nearby Places

R M Bhatt High School And Junior College
School

0.2 km
Parel Workshop
Bus Stop

0.3 km
Dr B K Nadkarni Memorial & Surgical Hospital
Hospital

0.1 km

Is Vikas Apartment Right for You?

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

For Families

Day-to-day family routines can feel easier here with schools and healthcare facilities close by. Access to nearby essentials and open spaces can also help reduce travel time for everyday activities.

R M Bhatt High School And Junior College within walking distance
Dr B K Nadkarni Memorial & Surgical Hospital nearby for healthcare access
Mahadikar Kalpana Udyan nearby for outdoor time

Check Travel Time

Vikas Apartment RERA Details

Square Yards RERA Reg. A51800000454

Price Rates & Insights for Vikas Apartment

Quarter	Child Rate	Parent Rate
Jun 2026	37150	46650
Mar 2026	37200	46050
Dec 2025	33950	45400
Sep 2025	0	44250

Sales
Transactions

1

Registered
Rate

₹ 46,700 / Sq. Ft.

Transaction Period Sep 25 to Aug 26

Configurations	In Vikas Apartment	In Parel
1 BHK	-	₹ 53.4 K
2 BHK	-	₹ 1.3 L
3 BHK	-	₹ 2.1 L
4 BHK	-	₹ 2.9 L
5 BHK	-	₹ 5.4 L

₹ 71,350

Piramal Mahalaxmi

₹ 52,100

LnT Crescent Bay T4

₹ 49,550

Piramal Aranya

₹ 46,650

Parel

₹ 37,150

Vikas Apartment

Recent Registered Transaction in Vikas Apartment

Date	Floor/Unit	Tower/Wing	Area	Value	Rate/Sq.Ft.
2026-06-17	Floor 3, Unit 302	B	540 Sq.Ft.

Locality Insights: Parel

Parel is a part of the Secondary Business District (SBD). Parel, which is spread over 4.05 square km, houses approximately 146,056 people. Parel's climate is tropical, with dry and wet seasons, high humidity, and moderate heat. Marathi is the official language. But Hindi is also spoken. The Eastern and Western Express highways and Sea Links provide easy access to other locations. There are monorail connections to many commercial hubs in Mumbai. Elphinstone is another name for Parel West due

Price Insights

Average Asking Price in Parel

₹ 46,050/Sq.ft

For Apartment Based on active listings and recent trends

Property Rates in Parel

Locality Snapshot

#19 In Mumbai

Great +5 More

Railway connectivity & strategic location

Concerning +2 More

Traffic congestion in peak hours

Know More About Parel

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How does Vikas Apartment compare with other top projects?

The Honest Take

current Project

Vikas Apartment

Parel, Mumbai

Price ₹2.87 Cr

Configuration 2 BHK Flats

Unit Size 775 Sq. Ft

Possession N/A

Status

Ready to Move

RERA No.

A51800000454

Piramal Aranya

Byculla, Mumbai ★ 5.0

Price ₹4.25 Cr - 16.72 Cr

Configuration 2, 3, 4 BHK Flats

Unit Size 725 to 2850 Sq. Ft

Possession N/A

Status

Partially Ready To Move

RERA No.

P51900003324

Piramal Mahalaxmi

Mahalaxmi, Mumbai ★ 3.8

Price ₹5.46 Cr - 14.03 Cr

Configuration 2, 3, 4 BHK Flats

Unit Size 740 to 1850 Sq. Ft

Possession N/A

Status

Partially Ready To Move

RERA No.

P51900015854

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Frequently Asked Questions About Vikas Apartment

Q: Where is Vikas Apartment located?

Vikas Apartment is located in Parel, Mumbai, with the complete address being Parel Mumbai, 400012.

Q: What documents are required to buy a flat in Vikas Apartment?

Buyers need identity proof, address proof, agreement to sell, sale deed, and registration documents for purchasing in Vikas Apartment.

Q: Is Vikas Apartment more expensive than under-construction projects nearby?

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

Q: Can I rent out my flat in Vikas Apartment immediately after purchase?

Yes, since Vikas Apartment is ready and legally compliant, owners can rent out their flats soon after registration. Rental demand is supported by the locality’s ranking of 19 and connectivity indices.

Q: What is the price range of flats in Vikas Apartment?

Apartment prices at Vikas Apartment start from ₹ 2.87 Cr and go up to ₹ 2.87 Cr, with an average price of ₹ 0 Per Sq. Ft. per sq ft.

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.