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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 P51800001302

Chembur · Mumbai

Shree Saraswati

Chembur · by Safal Group (Nav Durga Construction Company)

Updated Sep 2026

69
Units
2018
Possession
1
Buildings
Certificate Signed
Status

A first look at Shree Saraswati

Shree Saraswati is a residential project by Safal Group in Chembur, Mumbai 400071. It is registered with MahaRERA under P51800001302 (registered 2017-07-27). The project has 69 units across 1 building of up to 16 floors. It offers 1 & 2 BHK homes with carpet areas of 440–696 sq ft. MahaRERA proposed possession: Dec 2018.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Availability & Pricing

TypeCarpetPriceAvail
1 BHK440 ft²On request—
2 BHK696 ft²On request—

Prices not recently confirmed. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp

Shree Saraswati floor plans

2
Shree Saraswati, Chembur — floor plan 1Shree Saraswati, Chembur — floor plan 2

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

About Shree Saraswati

Location

The project is in Chembur, Mumbai 400071, 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

Shree Saraswati is registered with MahaRERA under P51800001302, dated 27 July 2017. The registered promoter is Nav Durga Construction Company. The filing lists 1 wing: SHREE SARASWATI CHSL WING A2 AND A3 over 16 floors. According to MahaRERA, the architect on record is B H Wadhwa and the project escrow account is with Punjab National Bank.

Homes and prices

Homes on offer are 1 BHK of 440 sq ft; 2 BHK of 696 sq ft (carpet area). 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 80%, finishing at 20%, services at 10%. Proposed possession is Dec 2018.

Developer track record

Safal Group has 12 projects tracked on Mumbai Property Exchange, 11 of them delivered (ready or sold out). Other projects by the same developer include Rashmi Avenue, RICHMOND GALAXY, Shiv Palace .

Buyer demand in Chembur

In the last 90 days, buyers and tenants registered 39 requirements for Chembur with Mumbai Property Exchange, 16 of them to buy and 19 specifically for 1 & 2 BHK homes.

Developer's description ▾
Shree Saraswati is one of the projects developed by Safal Group which is located in the heart of Chembur. It consists of 1 BHK and 2 BHK apartments that have various amenities such as grand entrance lobby, high-speed elevators, kids play area etc. and the convenience of being centrally connected to the nearby rail station. Shree Saraswati Apartment Offering 1BHK 372sq.ft, 425sq.ft & 2 BHK 667sq.ft Carpet.P51800001302 this is Shree Saraswati CHS WING A2 AND A3 RERA No. Total 66 Flat & Booked 51 Flat.

Upcoming projects & infrastructure in Chembur

take an informed decision

67 MahaRERA projects are due to hand over in Chembur between 2027 and 2031; the nearest upcoming infrastructure to Shree Saraswati is the Line 4 Green, 1.1 km away (under construction · due 2027).

67
MahaRERA projects handing over in the next 5 years
in Chembur
₹35,000/sqft▲
typical asking price
rising this quarter
₹13,400/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Chembur by possession year
14
2027
16
2028
15
2029
17
2030
5
2031
Metro & infrastructure near Shree Saraswati
  • 🚇Line 4 GreenUnder construction · due 20271.1 km
  • 🚇Line 2B YellowOpened 20261.3 km
📜 1,012 registered transactions (IGR) on record in Chembur, and we pull the latest registrations on request. Know what flats here actually transacted at before you negotiate — take an informed decision.
Ask for registered transactions ›
In the full Chembur 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.

Chembur — resale, rent & yield

Resale
₹40,000/sqft
median · 40 listings
Rent
₹92.9/sqft/mo
2 BHK ~₹80,000/mo
Gross yield
2.8%/yr
rent vs resale value

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
1 BHK Wing373 ft²On request
1 BHK426 ft²On request
Winga Shop262–619 ft²On request
2 BHK Wing668 ft²On request
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 2018
Possession (revised)
Dec 2018
MahaRERA No.
P51800001302
Data last updated
Sep 2026
Registered
2017-07-27
Escrow Bank
PUNJAB NATIONAL BANK
Architect
B H Wadhwa
Total FSI
3,780

Buildings · 1 wing

SHREE SARASWATI CHSL WING A2 AND A3 · 16 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation80%
Structure80%
Finishing20%
Services10%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure80%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…40%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …20%
External plumbing and external plaster, elevation, completion of terr…10%
Sanitary Fittings within the flats / premises10%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%
Podiums (if any)0%

Amenities

7
Electrical meter room, sub-station, r…Fire protection and fire safety requi…Landscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water DrainsWater 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

Chembur market context

Property Rates in Chembur

Residential · Sale
₹35,000–55,000/sqft
Commercial · Sale
₹40,000–55,000/sqft
2 BHK · Rent
₹70,000–125,000/mo

Resale Flats for Sale in Chembur

4

Flats for Rent in Chembur

4

Commercial for Sale in Chembur

1

Commercial Projects in Chembur

More by Safal Group (Nav Durga Construction Company)

MahaRERA projects nearby in Chembur

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 Shree Saraswati located?

Shree Saraswati is in Chembur, Mumbai 400071.

What configurations and carpet areas does Shree Saraswati offer?

1 BHK – 440 sq ft carpet; 2 BHK – 696 sq ft carpet.

When is possession of Shree Saraswati?

As per MahaRERA, proposed possession is Dec 2018.

Is Shree Saraswati RERA-registered?

Yes — MahaRERA registration P51800001302, registered 2017-07-27.

How many units does Shree Saraswati have?

MahaRERA records 69 units across 19 buildings, up to 16 floors.

Who is the developer of Shree Saraswati?

Safal Group (Nav Durga Construction Company) — 12 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Chembur?

67 MahaRERA-registered projects in Chembur are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Shree Saraswati?

Line 4 Green — under construction · due 2027, 1.1 km away; Line 2B Yellow — opened 2026, 1.3 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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