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Nikunj Signature - office-space for buy-new in Virar West, Palghar - main view
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Type

Office Space

New ProjectOffice Space Terra Verified

Nikunj Signature

Nikunj Signature, Near Vasant Karishma Complex, Vasai Road, Vasai West, Palghar - 401202

₹90 Lakh - ₹2.80 Cr
Area
1000 - 3000 sq.ft
Status
ready-to-move
Type
Office Space

About this property

Nikunj Signature is a thoughtfully developed commercial project located in the heart of Vasai West. Designed to cater to modern businesses, it offers a mix of retail and office spaces that align with today’s commercial needs. Its strategic location provides great visibility and footfall, making it an ideal destination for showrooms, outlets, and workspaces. The project features contemporary architecture, well-planned layouts, and practical amenities that make daily operations smoother for businesses. With ample parking, high-speed elevators, and strong connectivity to nearby residential and transport hubs, Nikunj Signature blends convenience with functionality. The building also ensures a professional atmosphere, making it suitable for startups, professionals, and established brands alike. Being situated in Vasai West, a rapidly developing area, the project benefits from growing infrastructure and demand. This adds long-term value for investors and occupants. Whether you're looking to expand a retail presence or set up a modern office, Nikunj Signature presents a promising opportunity in one of the most vibrant commercial zones of the city.

Property Details

Basic Information

Property ID
#430
Property Type
Office Space
Listing Type
New Project
Construction Status
ready-to-move

Area & Dimensions

Built-up Area
1000 - 3000 sq.ft

Legal & Compliance

RERA Number
Not provided by the lister

Commercial Details

office-space Specifications

Carpet Area
0 sq.ft
Super Built-up
1,000 sq.ft
0% efficiency
Power Backup
100% DG Backup
Parking
null Spaces

office-space Specifications

Floornull of null
Workstations~0 seats
Conference Rooms1
PantryYes

Building Facilities

High-speed Internet
Central AC
24/7 Security
Fire Safety
Reception Area
24/7 Access

Investment Calculator

Estimate returns after costs

5 Years
1 Yr15 Yrs
₹
%/yr
Future Value
₹1.20 Cr
+₹30.44 Lac
Net Rental Yield
1.9%
after vacancy & upkeep
Net Rent (5Y)
₹10.26 Lac
rent from month 1
Net ROI
33.2%
~5.9%/yr
Investment Summary5 Year Projection
Purchase price₹90.00 Lac
+ Stamp duty & registration₹6.30 Lac
+ Capital appreciation₹30.44 Lac
− Selling costs₹2.41 Lac
+ Rent collected₹11.40 Lac
− Maintenance & tax₹1.14 Lac
Net profit₹31.99 Lac

Assumes 6% yearly appreciation, 5% rent growth, 1 month(s) vacancy a year. Source of the appreciation and rent defaults: Virar West area market data (updated Jan 2026). Projections are estimates, not guarantees, and exclude loan interest and income tax.

Floor Plan

Floor Plan 1 - Nikunj Signature

Nearby Places

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Business Suitability

Recommended business types for this property

Area
sq.ft
Floor
nullF
Frontage
20 ft
Height
12 ft

Best Suited For

Corporate Office
Professional environment suitable

May Not Be Ideal For

Retail Store
Restaurant/Cafe
Coffee Shop
Salon/Spa
Location Advantage

Virar West is a prime commercial hub with high footfall. Upper floor units are ideal for service-based businesses.

Legal Clarity

Approvals & Documentation Status

Verified approvals
Not yet verified

No approval documents have been submitted for this listing yet.

Approvals & Clearances

Approval details are not available yet. Ask the developer for the commencement certificate, building-plan approval and RERA certificate before booking.

Developer Information
Developer
Veena Developer
Project
Nikunj Signature

"Verified" means TerraNexxus has checked the linked document on the date shown. Items marked "Pending verification" are declared by the lister and have not been checked yet. Always verify independently before making a purchase decision.

Frequently Asked Questions

Common questions about Nikunj Signature

Yes, Nikunj Signature is RERA approved and registered with Gujarat RERA. You can verify the RERA number on the official GujRERA website for complete transparency and legal compliance.

Locality & Market Insight

Why invest in Virar West?

"Virar West is witnessing transformation with premium infrastructure and seamless connectivity, making Nikunj Signature a high-value asset for both lifestyle and investment."

The real estate market in Palghar has shown consistent growth. Specifically, Virar West is now a preferred destination due to its proximity to commercial hubs and social infrastructure.

Area Highlights

  • High capital appreciation potential
  • Excellent connectivity to major highways
  • Proximity to top schools and hospitals
  • Growing rental demand in the neighborhood

Tools

Calculators, scoring & quick actions

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Down Payment

₹18 Lakh

20%

Loan Amount

₹72 Lakh

80%

Total Interest

₹77.96 Lakh

52%

₹72 Lakh
10%90%
8.5% p.a.
6%15%
20 Years
5 yrs30 yrs
Payment Breakdown
Principal: ₹72 Lakh
Interest: ₹77.96 Lakh

Total Amount Payable

₹1.50 Cr

Get pre-approved loans from

SBIHDFCICICIAxis

TerraScore™

Indicative property rating

Good

1 of 4 factors are backed by TerraNexxus-verified data. Tap a factor to see why.

TerraScore™ is an indicative rating, not advice. Unverified factors use lister-provided data (listing updated 29 May 2026). Always verify independently.

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