- Home /
- New Project in Mumbai /
- New Project in Thane West /
- Hyde Park Residency





The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

LBS Marg-Vikhroli West is a growing residential locality in central Mumbai. It is bordered by Powai and Ghatkopar West. The pin code of LBS Marg-Vikhroli West is 400079. This neighbourhood houses corporate professionals, featuring the landmark Godrej Memorial Hospital. Residents frequently use Podar International School and Dr L H Hiranandani Hospital. Ghatkopar Metro Station on Blue Line 1 is the closest metro, located 3.5 km away. Lal Bahadur Shastri Marg connects the area, keeping Vikhroli Railway Station just 5 minutes away. The 2026 average property rate ranges from Rs. 18,000 to Rs. 24,000 per sq ft. Multi-storey apartments dominate the market, driven by nearby commercial hubs like Godrej IT Park.
| Locality | Property Price per sq ft* |
|---|---|
| LBS Marg-Vikhroli West mumbai | Rs. 18,000 to Rs. 24,000 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 30,000 to Rs. 38,000 |
| 2 BHK for rent | Rs. 42,000 to Rs. 50,000 |
| 3 BHK for rent | Rs. 55,000 to Rs. 65,000 |
Property values in LBS Marg-Vikhroli West have shown steady growth over the past few years. The average buying price in this locality ranges from Rs. 18,000 to Rs. 24,000 per sq ft. This represents a healthy year-on-year capital appreciation of approximately 12% in 2026. Meanwhile, the rental market remains highly active due to the influx of corporate employees. Monthly rental rates for residential apartments range from Rs. 30,000 to Rs. 65,000. This strong demand is supported by the upcoming Metro Line 6 and closeness to major commercial hubs. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Godrej Memorial Hospital is a prominent landmark in LBS Marg-Vikhroli West. Some more include:
LBS Marg-Vikhroli West is well-connected through Lal Bahadur Shastri Marg and the following roads:
Ghatkopar Metro Station on the Blue Line 1 is the closest public transit option, located 3.5 km away. Some more include:
The nearest railway station and airport are Vikhroli Railway Station, which is located 1.2 km away, and others:
LBS Marg-Vikhroli West is well-equipped with numerous top educational institutions, such as Podar International School - Powai, Mumbai (CBSE) and ICFAI Business School (IBS) - Mumbai, along with:
Some reputed healthcare places near LBS Marg-Vikhroli West include Godrej Memorial Hospital, and others:
You can access R CITY and Powai Plaza easily from LBS Marg-Vikhroli West mumbai. Some more include:
These localities are located around LBS Marg-Vikhroli West:
Here are some of the major employment centres near LBS Marg-Vikhroli West:
The popular landmarks within LBS Marg-Vikhroli West are:


No builders found
Request Floor Plan
Nexus Builders has been been one of the most premium real estate developer in India since its inception. It has firmly established itself as one of the leading and successful developers of real estate in India by imprinting its mark across all the classes. With years of market experience and a rich bag of clients, it has provided its customers a rich living experience with the best housing infrastructure.
