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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA P51800056060

Sion · Mumbai

Promont

Sion · by Sheth Realty

Updated Sep 2026

536
Units
2029
Possession
1
Buildings
Certificate Signed
Status

A first look at Promont

Promont is a residential project by Sheth Realty in Sion, Mumbai 400022. It is registered with MahaRERA under P51800056060 (registered 2024-05-10). The project has 536 units across 1 building of up to 29 floors. It offers 2 & 3 BHK homes with carpet areas of 624–972 sq ft, priced ₹1.99 Cr–₹3.5 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹31,500 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 BHK624 ft²₹1.99 Cr—
2 BHK716 ft²₹2.35 Cr—
3 BHK868 ft²₹2.75 Cr—
3 BHK972 ft²₹3.5 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

Promont floor plans

1
Promont, Sion — floor plan 1

Floor plans are indicative, as shared by the developer, and subject to change.

About Promont

Location

The project is in Sion, Mumbai 400022, in the Mumbai Suburban district. Across 13 recent resale listings on MPE, homes in Sion have a median asking rate of ₹38,467 per sq ft, and a 2 BHK typically rents for about ₹86,500 a month.

MahaRERA record

Promont is registered with MahaRERA under P51800056060, dated 10 May 2024. The registered promoter is Sheth Smarthomes LLP. The filing lists 1 wing: Codename Younique Wing A to G with 536 units over 29 floors. According to MahaRERA, the project escrow account is with Indusind Bank.

Homes and prices

Configurations recorded are 2 BHK of 624–716 sq ft at ₹1.99 Cr–₹2.35 Cr; 3 BHK of 868–972 sq ft at ₹2.75 Cr–₹3.5 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹31,700–₹36,000 per sq ft of carpet, 15% 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 61%, structure at 22%, finishing at 0%, services at 11%. Proposed possession is Apr 2029.

Developer track record

Sheth Realty has 51 projects tracked on Mumbai Property Exchange, 39 of them delivered (ready or sold out). Other projects by the same developer include Commercial Space in Goregaon West, Sheth Vasant Lawn Fern, Aurish Ilaria.

Buyer demand in Sion

In the last 90 days, buyers and tenants registered 9 requirements for Sion with Mumbai Property Exchange, 5 of them to buy and 5 specifically for 2 & 3 BHK homes.

Price vs Locality

₹31,500
/sqft · Sion rate-band mid-point ₹47,500
34% below mid-point

Upcoming projects & infrastructure in Sion

take an informed decision

14 MahaRERA projects are due to hand over in Sion between 2026 and 2030; the nearest upcoming infrastructure to Promont is the Line 4 Green, 1.6 km away (under construction · due 2027).

14
MahaRERA projects handing over in the next 5 years
in Sion
New projects in Sion by possession year
1
2026
1
2027
2
2028
6
2029
4
2030
Metro & infrastructure near Promont
  • 🚇Line 4 GreenUnder construction · due 20271.6 km
  • 🚇Line 2B YellowOpened 20261.8 km
  • 🚇Line 3 AquaOpened 20251.8 km
  • 🚄Mumbai-Ahmedabad Bullet TrainUnder construction · due 20291.8 km
In the full Sion 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.

Sion — resale, rent & yield

Resale
₹38,467/sqft
median · 13 listings
Rent
₹123.1/sqft/mo
2 BHK ~₹86,500/mo
Gross yield
3.8%/yr
rent vs resale value

This project is quoted around ₹31,500/sqft — 18% 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.
P51800056060
Data last updated
Sep 2026
Registered
2024-05-10
Escrow Bank
INDUSIND BANK
Architect
—
Total FSI
43,935

Buildings · 1 wing

536 units
Codename Younique Wing A to G · 29 fl · 536 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation61%
Structure22%
Finishing0%
Services11%
See all 11 stages ▾
Excavation100%
Plinth72%
Basement (if any)60%
Stilt Floor50%
Podiums (if any)25%
Slabs of Super Structure22%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …22%
External plumbing and external plaster, elevation, completion of terr…0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…0%
Sanitary Fittings within the flats / premises0%

Amenities

19
Kids Play AreaGardenClubhouseIndoor GamesMultipurpose HallMini TheatreGymnasiumJogging Track
+11 more ▾
Yoga RoomCCTV24x7 SecurityVideo Door PhoneFire SafetyIntercomPower BackupParkingVisitor ParkingConcealed WiringConcealed Plumbing

Talk to our MahaRERA advisor

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

💬 Verify current project inventory

Sion market context

Property Rates in Sion

Residential · Sale
₹40,000–55,000/sqft
Commercial · Sale
₹40,000–65,000/sqft
2 BHK · Rent
₹75,000–120,000/mo

Resale Flats for Sale in Sion

4

Flats for Rent in Sion

4

More by Sheth Realty

Compare Promont with similarly priced projects nearby

MahaRERA projects nearby in Sion

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 Promont located?

Promont is in Sion, Mumbai 400022.

What is the price of Promont?

2 & 3 BHK homes are priced ₹1.99 Cr–₹3.5 Cr as on 09 Jul 2026, about ₹31,500 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Promont offer?

2 BHK – 624 sq ft carpet at ₹1.99 Cr; 2 BHK – 716 sq ft carpet at ₹2.35 Cr; 3 BHK – 868 sq ft carpet at ₹2.75 Cr; 3 BHK – 972 sq ft carpet at ₹3.5 Cr.

When is possession of Promont?

As per MahaRERA, proposed possession is Apr 2029.

Is Promont RERA-registered?

Yes — MahaRERA registration P51800056060, registered 2024-05-10.

How many units does Promont have?

MahaRERA records 536 units across 5 buildings, up to 29 floors.

Who is the developer of Promont?

Sheth Realty — 51 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Sion?

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

What metro and infrastructure is near Promont?

Line 4 Green — under construction · due 2027, 1.6 km away; Line 2B Yellow — opened 2026, 1.8 km away; Line 3 Aqua — opened 2025, 1.8 km away; Mumbai-Ahmedabad Bullet Train — under construction · due 2029, 1.8 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 2026-09-28). 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.
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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