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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Completed/historical project — current inventory unconfirmedMahaRERA P51800034920

Borivali West · Mumbai

Shila Bina

Eksar Road, Nr. Laxminarayan Temple, Borivali West · by MS Infrastructure

Updated Sep 2026

108
Units
2025
Possession
1
Buildings
Certificate Signed
Status

A first look at Shila Bina

Shila Bina is a residential project by MS Infrastructure on Eksar Road, Nr. Laxminarayan Temple, Borivali West, Mumbai 400091. It is registered with MahaRERA under P51800034920 (registered 2022-04-28). The project has 108 units across 1 building of up to 23 floors. It offers 1, 2 & 3 BHK homes with carpet areas of 426–1,230 sq ft, priced ₹1.27 Cr–₹3.69 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹30,000 per sq ft. MahaRERA proposed possession: Dec 2025.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Availability & Pricing

TypeCarpetPriceAvail
1 BHK426 ft²₹1.27 Cr—
1 BHK490 ft²₹1.47 Cr—
2 BHK565 ft²₹1.69 Cr—
2 BHK690 ft²₹2.07 Cr—
3 BHK974 ft²₹2.92 Cr—
3 BHK1116 ft²₹3.34 Cr—
3 BHK1174 ft²₹3.52 Cr—
3 BHK1230 ft²₹3.69 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

Shila Bina floor plans

2
Shila Bina, Borivali West — floor plan 1Shila Bina, Borivali West — floor plan 2

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

About Shila Bina

Location

Shila Bina is located on Eksar Road, Nr. Laxminarayan Temple, Borivali West (Mumbai 400091), 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

Shila Bina is registered with MahaRERA under P51800034920, dated 28 April 2022. The filing lists 1 wing: SHILA BINA CHS LTD over 23 floors. According to MahaRERA, the architect on record is Nilesh Makwana and the project escrow account is with Karnataka Bank Ltd.

Homes and prices

Configurations recorded are 1 BHK of 426–490 sq ft at ₹1.27 Cr–₹1.47 Cr; 2 BHK of 565–690 sq ft at ₹1.69 Cr–₹2.07 Cr; 3 BHK of 974–1,230 sq ft at ₹2.92 Cr–₹3.69 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹29,800–₹30,000 per sq ft of carpet, 4% 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 100%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Dec 2025.

Developer track record

MS Infrastructure has 49 projects tracked on Mumbai Property Exchange, 40 of them delivered (ready or sold out). Other projects by the same developer include Central Park, NMS 17 West, One 8 One.

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 23 specifically for 1, 2 & 3 BHK homes.

Developer's description ▾
Shila Bina is a Residential Project Developed by the MS Infrastructure. It is located at Borivali West. The suburb enjoys good connectivity via road and rail. Just 1.8 km from Borivali Station and 1 km from Metro Eksar Metro Station. Close proximity to the social infrastructure. It is a G+3 level podium parking+18 storey tower offering 1,2 and 3 BHK Residences. Vaastu compliant apartments. Ample car parking space with stilt and 3 level podium. Two high speed elevators. Exclusive Double Height Entrance Lobby. Amenities include Garden & Kids Play Area, Club House and Fitness Center. Builder possession by June 2024.

Price vs Locality

₹29,952
/sqft · Borivali West rate-band mid-point ₹40,000
25% 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; the nearest upcoming infrastructure to Shila Bina is the Borivali-Thane Tunnel, 1.6 km away (under construction · due 2028).

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.

Metro & infrastructure near Shila Bina
  • 🚇Borivali-Thane TunnelUnder construction · due 20281.6 km
  • 🚇Line 9 Red (Mira-Bhayandar)Opened 20262.9 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 ₹29,952/sqft — 4% below resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
1 BHK425–490 ft²₹1.27 Cr–₹1.47 Cr
2 BHK528–690 ft²₹1.58 Cr–₹2.07 Cr
3 BHK839–1,121 ft²₹2.51 Cr–₹3.36 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)
Dec 2025
Project status
New
MahaRERA No.
P51800034920
Data last updated
Sep 2026
Registered
2022-04-28
Escrow Bank
KARNATAKA BANK LIMITED
Architect
Nilesh Makwana
Total FSI
11,851

Buildings · 1 wing

SHILA BINA CHS LTD · 23 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

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

7
Electrical meter room, sub-station, r…Fire protection and fire safety requi…Landscaping & Tree PlantingSolid Waste Management And DisposalStorm Water DrainsWater SupplyWater conservation /Rain water harvesting

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.

💬 Ask about resale or rental options

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 MS Infrastructure

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 Shila Bina located?

Shila Bina is on Eksar Road, Nr. Laxminarayan Temple, Borivali West, Mumbai 400091.

What is the price of Shila Bina?

1, 2 & 3 BHK homes are priced ₹1.27 Cr–₹3.69 Cr as on 09 Jul 2026, about ₹30,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Shila Bina offer?

1 BHK – 426 sq ft carpet at ₹1.27 Cr; 1 BHK – 490 sq ft carpet at ₹1.47 Cr; 2 BHK – 565 sq ft carpet at ₹1.69 Cr; 2 BHK – 690 sq ft carpet at ₹2.07 Cr; 3 BHK – 974 sq ft carpet at ₹2.92 Cr; 3 BHK – 1,116 sq ft carpet at ₹3.34 Cr; 3 BHK – 1,174 sq ft carpet at ₹3.52 Cr; 3 BHK – 1,230 sq ft carpet at ₹3.69 Cr.

When is possession of Shila Bina?

As per MahaRERA, proposed possession is Dec 2025.

Is Shila Bina RERA-registered?

Yes — MahaRERA registration P51800034920, registered 2022-04-28.

How many units does Shila Bina have?

MahaRERA records 108 units across 23 buildings, up to 23 floors.

Who is the developer of Shila Bina?

MS Infrastructure — 49 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.

What metro and infrastructure is near Shila Bina?

Borivali-Thane Tunnel — under construction · due 2028, 1.6 km away; Line 9 Red (Mira-Bhayandar) — opened 2026, 2.9 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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