Mumbai · Investment Advisory · Est. 2013
We underwrite Mumbai property the way a fund would — modelling net yield, hold horizon and exit before a single rupee moves. No brochures. No brokerage spin. Just the numbers, read cold.
01 — The mandate
Most buyers in Mumbai are sold a view and a floor plate. We start from the other end: the return you need, the risk you can hold, and the day you plan to sell.
Vantage Realty Advisors is an independent, fee-transparent desk. We are paid to be right about the number, not to close a unit. Every recommendation carries a written thesis — a target yield, a hold horizon, the buyer we expect to sell to, and the three things that could go wrong. When the maths doesn't clear our floor, we tell you to walk.
The engagement
A Vantage mandate moves through the same disciplined sequence every institutional desk uses — adapted for private buyers acquiring one asset at a time.
Title, encumbrance, RERA status, builder solvency and true carpet area — checked before you fall for the address. We kill roughly one in three shortlisted assets here.
Legal · Physical · FinancialWe model gross-to-net across achievable rent, maintenance, vacancy, financing cost and tax — so you buy on the yield you'll actually bank, not the one on the brochure.
Net yield · Cash-on-cash · IRRWe spread capital across micro-markets, asset classes and hold horizons so a single vacancy or cycle can't sink your returns. Concentration is a decision, never an accident.
Diversification · Cash-flow ladderingEvery acquisition is underwritten with its exit — the resale window, the target IRR, and the buyer profile we intend to sell to. You own an asset with a plan, not just a plan to own.
Resale window · Target IRR · Buyer map02 — Market map
Our desk re-scores eight core micro-markets each quarter on gross yield, twelve-month capital movement and resale liquidity. Below is the current read — the same table we open every client conversation with.
Figures are Vantage internal estimates for advised stock, updated Q2 2026. Indicative only; every mandate is modelled asset-by-asset.
Get the full quarterly read| Micro-market | Avg. ticket | Gross yield | 12M capital | Liquidity |
|---|---|---|---|---|
| BKC | ₹9.4 Cr | 8.1% | ▲ 8.2% | |
| Worli | ₹8.9 Cr | 4.2% | ▲ 5.1% | |
| Lower Parel | ₹5.6 Cr | 5.4% | ▲ 6.4% | |
| Powai | ₹4.1 Cr | 3.9% | ▲ 4.7% | |
| Thane West | ₹1.9 Cr | 6.6% | ▲ 9.3% | |
| Navi Mumbai | ₹1.8 Cr | 6.9% | ▲ 7.8% | |
| Andheri East | ₹3.2 Cr | 5.1% | ▼ 1.2% | |
| Goregaon | ₹2.7 Cr | 5.8% | ▲ 3.5% |
03 — Live opportunities
A rotating shortlist our analysts have already underwritten. Each carries a target yield and a modelled exit. Full workbooks are shared on mandate.
Advisory open
Sea-facing residences · 3 & 4 BHK · 1,780–2,640 sq ft
Scarcity play. Thin sea-front supply, deep resale demand from HNI end-users — held for capital, not cash flow.
Under diligence
Grade-A office floors · 4,200–11,500 sq ft · leased & bare-shell
Income anchor. MNC-tenant covenant with escalation clauses; underwriting the lease as we speak.
Advisory open
Lake-view residences · 2 & 3 BHK · 940–1,510 sq ft
Tenant-magnet micro-market. Steady corporate rental pool near the tech corridor; a durable cash-flow hold.
Subscription open
Curated rental portfolio · Thane & Navi Mumbai · 6 assets
Cash-flow first. A laddered basket of leased 2 BHKs in high-absorption suburbs, managed end-to-end.
Prices reflect current asking or last advised value and move with the market. Configuration, carpet area and status are verified at diligence. Not an offer to sell.
04 — In the field
05 — The desk
Three principals underwrite every mandate personally. You work with the people who signed the thesis — not a call centre, not a rotating relationship manager.
Founder & Principal Advisor
Fourteen years underwriting institutional real estate before founding Vantage. Signs off every acquisition thesis.
Head of Research
Builds the yield and liquidity models behind the quarterly market map. Ex-REIT analyst.
Director, Portfolio & Exits
Runs construction, rebalancing and the resale desk — the person who prices your exit on day one.
Client record
“Vantage flagged the vacancy risk two brokers had waved through. We re-cut our BKC allocation and the numbers proved them right within a year.”
“They underwrote our exit before we bought. We sold the Worli unit inside the window, at the IRR they had projected on day one.”
“Finally an advisor who models net yield, not brochure yield. Every recommendation came with the three things that could go wrong.”
06 — Book a consultation
Send a note about the asset, the budget or the portfolio question on your mind. A principal reviews every enquiry — you'll hear from us within one business day.