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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA PM1180002500676

Borivali West · Mumbai

Ruby

Borivali West · by Srisai Akar Developers

Updated Sep 2026

114
Units
2029
Possession
1
Buildings
Certificate Signed
Status

A first look at Ruby

Ruby is a residential project by Srisai Akar Developers in Borivali West, Mumbai 400092. It is registered with MahaRERA under PM1180002500676 (registered 2025-09-22). The project has 114 units across 1 building of up to 25 floors. It offers 2 & 3 BHK homes with carpet areas of 700–1,200 sq ft, priced ₹1.62 Cr–₹2.73 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹22,500 per sq ft. MahaRERA proposed possession: Apr 2029.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
2 BHK700 ft²₹1.62 Cr
2 BHK800 ft²₹1.72 Cr
3 BHK1100 ft²₹2.48 Cr
3 BHK1200 ft²₹2.73 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 Ruby

Location

The project is in 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

Ruby is registered with MahaRERA under PM1180002500676, dated 22 September 2025. The registered promoter is Shrisai Akar Civilinfra India Pvt. Ltd.. The filing lists 1 wing: GORAI RUBY with 114 units over 25 floors. According to MahaRERA, the architect on record is Shilp Associates and the project escrow account is with ICICI Bank Ltd.

Homes and prices

Configurations recorded are 2 BHK of 700–800 sq ft at ₹1.62 Cr–₹1.72 Cr; 3 BHK of 1,100–1,200 sq ft at ₹2.48 Cr–₹2.73 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹21,500–₹23,100 per sq ft of carpet, 27% below 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 20%, structure at 2%, finishing at 2%, services at 2%. Proposed possession is Apr 2029.

Buyer demand in Borivali West

In the last 90 days, buyers and tenants registered 38 requirements for Borivali West with Mumbai Property Exchange, 18 of them to buy and 18 specifically for 2 & 3 BHK homes.

Price vs Locality

₹22,484
/sqft · Borivali West rate-band mid-point ₹40,000
44% below mid-point

Upcoming projects & infrastructure in Borivali West

take an informed decision

101 MahaRERA projects are due to hand over in Borivali West between 2026 and 2030; the nearest upcoming infrastructure to Ruby is the Borivali-Thane Tunnel, 3.3 km away (under construction · due 2028).

101
MahaRERA projects handing over in the next 5 years
in Borivali West
₹33,600/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
29
2028
29
2029
20
2030

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

Metro & infrastructure near Ruby
  • 🚇Borivali-Thane TunnelUnder construction · due 20283.3 km
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 ₹22,484/sqft28% below resale here.

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

RERA record & possession

Possession (proposed)
Apr 2029
Project status
New
MahaRERA No.
PM1180002500676
Data last updated
Sep 2026
Registered
2025-09-22
Escrow Bank
ICICI BANK LIMITED
Architect
Shilp Associates
Total FSI
7,320

Buildings · 1 wing

114 units
GORAI RUBY · 25 fl · 114 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation20%
Structure2%
Finishing2%
Services2%
See all 11 stages ▾
Excavation100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…5%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…5%
Slabs of Super Structure2%
Stilt Floor1%
Basement (if any)0%
External plumbing and external plaster, elevation, completion of terr…0%
Plinth0%
Podiums (if any)0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …0%

Amenities

8
Electrical meter room, sub-station, r…Fire protection and fire safety requi…Sewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water DrainsTreatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvesting

Talk to our MahaRERA advisor

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💬 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

Compare Gorai Ruby Chsl 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 Ruby located?

Ruby is in Borivali West, Mumbai 400092.

What is the price of Ruby?

2 & 3 BHK homes are priced ₹1.62 Cr–₹2.73 Cr as on 09 Jul 2026, about ₹22,500 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Ruby offer?

2 BHK – 700 sq ft carpet at ₹1.62 Cr; 2 BHK – 800 sq ft carpet at ₹1.72 Cr; 3 BHK – 1,100 sq ft carpet at ₹2.48 Cr; 3 BHK – 1,200 sq ft carpet at ₹2.73 Cr.

When is possession of Ruby?

As per MahaRERA, proposed possession is Apr 2029.

Is Ruby RERA-registered?

Yes — MahaRERA registration PM1180002500676, registered 2025-09-22.

How many units does Ruby have?

MahaRERA records 114 units across 18 buildings, up to 25 floors.

Who is the developer of Ruby?

Srisai Akar Developers — 1 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Borivali West?

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

What metro and infrastructure is near Ruby?

Borivali-Thane Tunnel — under construction · due 2028, 3.3 km away. Timelines are as announced and 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 2026-09-20). 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.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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