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Kolte Patil Launches La Vita Mixed-Use Redevelopment in Vashi, Navi Mumbai; 2 BHK Residences and Retail Spaces on 1-Acre Site

Kolte-Patil Developers Limited announced its foray into the Navi Mumbai market with the launch of mixed-use development project 'La Vita' in the heart of sector 2, Vashi in December 2024. The project spans over one-acre land parcel featuring spacious 2BHK apartments and prime retail spaces.

Realty News — Kolte Patil Launches La Vita Mixed-Use Redevelopment in Vashi, Navi Mumbai; 2 BHK Residences and Retail Spaces on 1-Acre Site
StatusLaunched July 2024; under construction (3% structural completion as of June 2026)
DeveloperKolte-Patil Nivasti Developers & Builders LLP (joint venture)
LocationSector 2, Vashi, Navi Mumbai; Ganesh Mandir Marg
Configuration2 BHK apartments, 840 sq. ft. carpet area; retail/commercial units 218–530 sq. ft.
Total Units268 residential units (1 tower, G+27 floors); retail/commercial units on ground, 1st and 2nd floors
Price Band (2 BHK)₹2.55–3.08 crore all-inclusive; starting ₹33,000–₹41,143 per sq. ft. carpet
Gross Development Value₹300 crore
RERA RegistrationP51700077178 (MahaRERA)
Possession TimelineTarget November 2028 (RERA possession declared October 2028)
Land Area1.01 acres

Project Overview & Market Entry

This launch marked Kolte-Patil Developers Limited's entry into Navi Mumbai with a mixed-use development project in Vashi, a move the developer positioned as strategically significant. The two projects signed in April 2023—one in Mulund West, Mumbai and one in Vashi, Navi Mumbai—marked KPDL's entry into these rapidly growing micro-markets of MMR with a combined saleable area of 7.3 lakh square feet and top-line potential of Rs 1,200 crore. The Vashi project marks Kolte-Patil's entry into the Navi Mumbai micro-market.

Product Type & Configuration

The project blends spacious residences with prime retail spaces and features spacious 2BHK apartments offering one of the largest configurations available in Vashi and prime retail spaces on a one-acre land parcel. The starting price for a 2 BHK apartment at La Vita in Sector 2, Vashi is ₹3.08 crore (all-inclusive), with each flat offering a carpet area of 840 sq. ft., premium interiors, and balconies in every room. Retail and commercial units are available across Ground, First, and Second floors ranging from 218 sq. ft. to 530 sq. ft., with pricing starting from 60,000+ to 80,000+ per sq. ft. (carpet).

Pricing & Payment Structure

The all-inclusive price of a 2BHK starts from ₹2.55 Cr and the price includes the base cost, applicable stamp duty, registration charges, GST, and possession charges. 2 BHK units are available at prices of Rs. 2.3 Crore to Rs. 3.46 Crore with a carpet area of 559.0 sq. ft. to 840.0 sq. ft. Market data indicates average property prices moved from ₹33,000/sqft to ₹34,650/sqft in Q1 2026, reflecting a 5% rise. Each ongoing Kolte Patil residential project is RERA registered with construction-linked payment plans and transparent timelines.

Possession & RERA Status

LA VITA, developed by Kolte-Patil Nivasti Developers & Builders LLP, officially launched on 29-Jul-2024 and expected to complete by 30-Nov-2028. The project is registered under RERA No. P51700077178. Possession for La Vita is expected by November 2028, as per the MAHARERA declaration, and the project launched in July 2024 and follows a clear development timeline. Structural works have reached 3% completion as of June 2026.

Location & Infrastructure Context

Vashi is a mature Navi Mumbai node with established residential, commercial and social infrastructure. Vashi is Navi Mumbai's top residential hub in 2026 with average prices of ₹18.5K–24K/sqft, 25 minutes to Mumbai via Atal Setu, metro & Harbour Line access. Vashi Station on the Harbour Line connects directly to CST and to Panvel, with the station complex housing Inorbit Mall-adjacent retail, making it one of the busiest transit-oriented developments in Navi Mumbai. The Sion-Panvel Expressway links Vashi to Mumbai, Pune and the new airport, while Thane-Belapur Road connects the residential core to MIDC industrial clusters and IT parks in Airoli, Ghansoli and Mahape.

Vashi has three main and large malls, viz., Inorbit Mall Vashi, Palm Beach Galleria Mall and Raghuleela Mall. As a mature Navi Mumbai node with established residential, commercial and social infrastructure, buyers get access to functioning hospitals, colleges, malls and rail connectivity from day one, rather than infrastructure tied to future delivery timelines.

Amenities & Specifications

La Vita features comprehensive amenities including a clubhouse, swimming pool, fitness centre, landscaped gardens, children's play area, and 24/7 security systems. The project is constructed on 1 acre of land parcel, 1 tower with G+27 floors having 2 BHK premium residences. Amenities include a secure entry system with separate pedestrian and main access gates, smooth internal movement with a wide driveway and easy podium connectivity, dedicated car parking tower with organised entry and exit points, and green open spaces with plantation zones, lawns, and natural elements.

Frequently asked questions

What is La Vita by Kolte Patil Vashi?

La Vita is a mixed-use redevelopment project in Sector 2, Vashi (Navi Mumbai), combining residential 2BHK flats and retail space.

What are the unit configurations and prices?

The starting price for a 2 BHK apartment at La Vita is ₹3.08 crore (all-inclusive), with each flat offering a carpet area of 840 sq. ft.

When was the project launched and what is the possession date?

LA VITA officially launched on 29-Jul-2024 and expected to complete by 30-Nov-2028.

What is the RERA status of La Vita?

Kolte Patil La Vita is RERA approved with registration number P51700077178, ensuring complete legal compliance and buyer protection.

How is Vashi connected to Mumbai and other key locations?

Vashi provides multiple connectivity options including Vashi Railway Station on Harbour Line, Vashi Bridge, Mumbai-Pune Expressway, and upcoming Navi Mumbai Metro Line 1, ensuring seamless access to major Mumbai destinations.

What is the project size and number of units?

Kolte Patil La Vita is built across 1.01 acres and features a single elegant tower with 268 well-designed homes with efficiently planned 2 BHK residences with sizes ranging from 218 to 840 sq. ft.

Sources

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