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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA P51800028416

Borivali West · Mumbai

Emerald And Sapphire

Roshan Nagar Road, Punjabi Lane, Borivali West · by Smile Shelter Builder and Developers

Updated Sep 2026

68
Units
2026
Possession
2
Buildings
Certificate Signed
Status

A first look at Emerald And Sapphire

Emerald And Sapphire is a residential project by Smile Shelter Builder and Developers on Roshan Nagar Road, Punjabi Lane, Borivali West, Mumbai 400092. It is registered with MahaRERA under P51800028416 (registered 2021-09-08). The project has 68 units across 2 buildings of up to 20 floors. It offers 2 & 3 BHK homes with carpet areas of 760–1,090 sq ft, priced ₹2.5 Cr–₹3.8 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹34,000 per sq ft. MahaRERA proposed possession: Jul 2026.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
2 BHK760 ft²₹2.5 Cr—
3 BHK1090 ft²₹3.8 Cr—

Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp

About Emerald And Sapphire

Location

The address of Emerald And Sapphire is Roshan Nagar Road, Punjabi Lane, Borivali West, Mumbai 400092, in the Mumbai Suburban district. Across 30 recent resale listings on MPE, homes in Borivali West have a median asking rate of ₹31,350 per sq ft, and a 2 BHK typically rents for about ₹60,000 a month.

MahaRERA record

The MahaRERA registration number is P51800028416, issued on 8 September 2021. The registered promoter is Smile Shelters. The filing lists 2 wings: EMERALD over 20 floors; SAPPHIRE over 12 floors. Per the registration, the architect on record is Ar Swapnil Ambre and the project escrow account is with Bank Of Baroda.

Homes and prices

The price list covers 2 BHK of 760 sq ft at ₹2.5 Cr; 3 BHK of 1,090 sq ft at ₹3.8 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹32,900–₹34,900 per sq ft of carpet, 11% above the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 100%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Jul 2026.

Developer track record

Smile Shelter Builder and Developers has 2 projects tracked on Mumbai Property Exchange. Other projects by the same developer include Bhairav Ocean Breeze.

Buyer demand in Borivali West

In the last 90 days, buyers and tenants registered 41 requirements for Borivali West with Mumbai Property Exchange, 17 of them to buy and 18 specifically for 2 & 3 BHK homes.

Price vs Locality

₹34,000
/sqft · Borivali West rate-band mid-point ₹40,000
15% below mid-point

Upcoming projects & infrastructure in Borivali West

take an informed decision

104 MahaRERA projects are due to hand over in Borivali West between 2026 and 2030.

104
MahaRERA projects handing over in the next 5 years
in Borivali West
₹33,800/sqft▲
typical asking price
rising this quarter
₹15,300/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Borivali West by possession year
2
2026
21
2027
30
2028
30
2029
21
2030

Supply is not evenly spread — one year carries about a third of it.

In the full Borivali West report

🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

Borivali West — resale, rent & yield

Resale
₹31,350/sqft
median · 30 listings
Rent
₹88.7/sqft/mo
2 BHK ~₹60,000/mo
Gross yield
3.4%/yr
rent vs resale value

This project is quoted around ₹34,000/sqft — 8% above resale here.

From MPE live listings, last 18 months · Mumbai price index ›

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
Room Tenant64–102 ft²₹22 L–₹35 L
1 RK Tenant264 ft²₹90 L
1 BHK Tenant264–526 ft²₹90 L–₹1.79 Cr
Shop460–743 ft²₹1.56 Cr–₹2.53 Cr
2 BHK Tenant530–758 ft²₹1.8 Cr–₹2.58 Cr
2 BHK760–860 ft²₹2.58 Cr–₹2.92 Cr
3 BHK Tenant731–1,051 ft²₹2.49 Cr–₹3.57 Cr
3 BHK1,085–1,187 ft²₹3.69 Cr–₹4.04 Cr
4 BHK1,388 ft²₹4.72 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Jul 2026
Project status
New
MahaRERA No.
P51800028416
Data last updated
Sep 2026
Registered
2021-09-08
Escrow Bank
BANK OF BARODA
Architect
Ar Swapnil Ambre
Total FSI
4,673

Buildings · 2 wings

EMERALD · 20 fl · — u
SAPPHIRE · 12 fl · — u

Location

📍 Borivali West

Construction progress

per MahaRERA
Foundation100%
Structure100%
Finishing100%
Services100%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Podiums (if any)100%
Sanitary Fittings within the flats / premises100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%

Amenities

22
Swimming PoolKids Play AreaGardenClubhouseIndoor GamesGymnasiumJogging TrackYoga Room
+14 more ▾
SpaSports CourtCCTV24x7 SecurityVideo Door PhoneFire SafetyAC LiftsPower BackupParkingVisitor ParkingPet FriendlyWooden FlooringConcealed WiringConcealed Plumbing

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Verify current project inventory

Borivali West market context

Property Rates in Borivali West

Residential · Sale
₹30,000–50,000/sqft
Commercial · Sale
₹30,000–45,000/sqft
2 BHK · Rent
₹65,000–90,000/mo

Resale Flats for Sale in Borivali West

4

Flats for Rent in Borivali West

4

Commercial for Sale in Borivali West

2

Commercial for Lease in Borivali West

3

Commercial Projects in Borivali West

More by Smile Shelter Builder and Developers

Compare Emerald And Sapphire with similarly priced projects nearby

MahaRERA projects nearby in Borivali West

Next steps — clarity before you step out

Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Frequently Asked Questions

Where is Emerald And Sapphire located?

Emerald And Sapphire is on Roshan Nagar Road, Punjabi Lane, Borivali West, Mumbai 400092.

What is the price of Emerald And Sapphire?

2 & 3 BHK homes are priced ₹2.5 Cr–₹3.8 Cr as on 09 Jul 2026, about ₹34,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Emerald And Sapphire offer?

2 BHK – 760 sq ft carpet at ₹2.5 Cr; 3 BHK – 1,090 sq ft carpet at ₹3.8 Cr.

When is possession of Emerald And Sapphire?

As per MahaRERA, proposed possession is Jul 2026.

Is Emerald And Sapphire RERA-registered?

Yes — MahaRERA registration P51800028416, registered 2021-09-08.

How many units does Emerald And Sapphire have?

MahaRERA records 68 units across 18 buildings, up to 20 floors.

Who is the developer of Emerald And Sapphire?

Smile Shelter Builder and Developers — 2 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Borivali West?

104 MahaRERA-registered projects in Borivali West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

How do I book or get more details?

Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.

Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-09-28). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
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SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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