S3 Proxima

Location

S3 Proxima is located on Shanta Jog Marg, Chembur (Mumbai 400089), in the Mumbai Suburban district. Across 40 recent resale listings on MPE, homes in Chembur have a median asking rate of ₹40,000 per sq ft, and a 2 BHK typically rents for about ₹80,000 a month.

MahaRERA record

The MahaRERA registration number is P51800021526. The registered promoter is S3 Formeet Realtors LLP. The filing lists 1 wing: S3 Proxima over 19 floors. Per the registration, the project escrow account is with ICICI Bank Ltd.

Homes and prices

Configurations recorded are 1 BHK of 411 sq ft at ₹1.13 Cr; 2 BHK of 672 sq ft at ₹1.85 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹27,500 per sq ft of carpet, 31% 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 80%, structure at 100%, finishing at 83%, services at 80%. Proposed possession is Dec 2025.

Developer track record

S3 Group has 3 projects tracked on Mumbai Property Exchange, 1 of them delivered (ready or sold out). Other projects by the same developer include S3 Skygreens, S3 Epitome.

Buyer demand in Chembur

In the last 90 days, buyers and tenants registered 40 requirements for Chembur with Mumbai Property Exchange, 17 of them to buy and 19 specifically for 1 & 2 BHK homes.