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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 P51800049851

Santacruz East · Mumbai

Sigma Sapphire

Guru Narayan Road, near Yes Bank House, Sen Nagar, Santacruz East · by Sigma Realtors (Shantilal Meghji Shethia)

Updated Sep 2026

27
Units
2024
Possession
1
Buildings
Certificate Signed
Status

A first look at Sigma Sapphire

Sigma Sapphire is a residential project on Guru Narayan Road, near Yes Bank House, Sen Nagar, Santacruz East, Mumbai 400055. It is registered with MahaRERA under P51800049851 (registered 2023-09-08). The project has 27 units across 1 building of up to 15 floors. It offers 2 BHK homes with carpet areas of 618 sq ft. The quoted rate is about ₹29,800 per sq ft. MahaRERA proposed possession: Dec 2024.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Availability & Pricing

TypeCarpetPriceAvail
2 BHK618 ft²1.84 ++—

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

Sigma Sapphire floor plans

2
Sigma Sapphire, Santacruz East — floor plan 1Sigma Sapphire, Santacruz East — floor plan 2

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

About Sigma Sapphire

Location

Sigma Sapphire stands on Guru Narayan Road, near Yes Bank House, Sen Nagar in Santacruz East, Mumbai 400055, in the Mumbai Suburban district. Across 29 recent resale listings on MPE, homes in Santacruz East have a median asking rate of ₹37,000 per sq ft, and a 2 BHK typically rents for about ₹95,000 a month.

MahaRERA record

Sigma Sapphire is registered with MahaRERA under P51800049851, dated 8 September 2023. The registered promoter is Shantilal Meghji Shethia. The filing lists 1 wing: Sigma Sapphire over 15 floors. According to MahaRERA, the architect on record is Parivartan Architects And Engineers and the project escrow account is with ICICI Bank Ltd.

Homes and prices

Homes on offer are 2 BHK of 618 sq ft (carpet area), as on 09 Jul 2026. Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 59%, structure at 98%, finishing at 91%, services at 88%. Proposed possession is Dec 2024.

Developer track record

Sigma Realtors has 6 projects tracked on Mumbai Property Exchange, 3 of them delivered (ready or sold out).

Buyer demand in Santacruz East

In the last 90 days, buyers and tenants registered 15 requirements for Santacruz East with Mumbai Property Exchange, 1 of them to buy and 1 specifically for 2 BHK homes.

Developer's description ▾
Sigma Sapphire, a residential project by Shantilal Meghji Shethi in Mumbai's Santacruz East, offers units for sale, including 1 BHK, 2 BHK, and 3 BHK layouts, ranging from 466.0 to 746.0 sq.ft. Set on 0.12 acres, the project, with 27 units in one building, anticipates completion by December 2024. Featuring closed car parking, it complies with state RERA regulations, with ID P51800049851 listed on the RERA portal. Shantilal Meghji Shethi, a renowned developer, prioritizes residents' lifestyles. With proximity to schools, hospitals, banks, and offices, Santacruz East is an attractive location for home seekers. Contact for further details on Sigma Sapphire.

Price vs Locality

₹29,773
/sqft · Santacruz East rate-band mid-point ₹52,500
43% below mid-point

Upcoming projects & infrastructure in Santacruz East

take an informed decision

36 MahaRERA projects are due to hand over in Santacruz East between 2027 and 2031; the nearest upcoming infrastructure to Sigma Sapphire is the Versova-Bandra Sea Link, 2.8 km away (under construction · due 2028).

36
MahaRERA projects handing over in the next 5 years
in Santacruz East
₹36,500/sqft▼
typical asking price
easing this quarter
₹17,200/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Santacruz East by possession year
6
2027
12
2028
7
2029
9
2030
2
2031

Supply is not evenly spread — one year carries almost half of it.

Metro & infrastructure near Sigma Sapphire
  • 🌉Versova-Bandra Sea LinkUnder construction · due 20282.8 km
  • 🚇Line 2B YellowOpened 20262.8 km
  • 🚇Line 3 AquaOpened 20252.9 km
  • 🚄Mumbai-Ahmedabad Bullet TrainUnder construction · due 20292.9 km
In the full Santacruz East 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.

Santacruz East — resale, rent & yield

Resale
₹37,000/sqft
median · 29 listings
Rent
₹112.5/sqft/mo
2 BHK ~₹95,000/mo
Gross yield
3.6%/yr
rent vs resale value

This project is quoted around ₹29,773/sqft — 20% below resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
1 BHK466 ft²₹1.39 Cr
2 BHK618 ft²₹1.84 Cr
3 BHK746 ft²₹2.22 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 2024
Project status
New
MahaRERA No.
P51800049851
Data last updated
Sep 2026
Registered
2023-09-08
Escrow Bank
ICICI BANK LIMITED
Architect
Parivartan Architects And Engineers
Total FSI
1,452

Buildings · 1 wing

Sigma Sapphire · 15 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation59%
Structure98%
Finishing91%
Services88%
See all 11 stages ▾
Basement (if any)98%
Excavation98%
Plinth98%
Slabs of Super Structure98%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…97%
External plumbing and external plaster, elevation, completion of terr…95%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …95%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…80%
Sanitary Fittings within the flats / premises80%
Podiums (if any)0%
Stilt Floor0%

Amenities

10
Electrical meter room, sub-station, r…Fire protection and fire safety requi…Landscaping & Tree PlantingOpen ParkingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water DrainsTreatment And Disposal Of Sewage And …
+2 more ▾
Water 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

Santacruz East market context

Property Rates in Santacruz East

Residential · Sale
₹40,000–65,000/sqft
Commercial · Sale
₹45,000–75,000/sqft
2 BHK · Rent
₹110,000–220,000/mo

Resale Flats for Sale in Santacruz East

4

Flats for Rent in Santacruz East

4

Commercial for Sale in Santacruz East

1

Commercial for Lease in Santacruz East

1

Commercial Projects in Santacruz East

MahaRERA projects nearby in Santacruz East

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 Sigma Sapphire located?

Sigma Sapphire is on Guru Narayan Road, near Yes Bank House, Sen Nagar, Santacruz East, Mumbai 400055.

What configurations and carpet areas does Sigma Sapphire offer?

2 BHK – 618 sq ft carpet.

When is possession of Sigma Sapphire?

As per MahaRERA, proposed possession is Dec 2024.

Is Sigma Sapphire RERA-registered?

Yes — MahaRERA registration P51800049851, registered 2023-09-08.

How many units does Sigma Sapphire have?

MahaRERA records 27 units across 1 building, up to 15 floors.

Who is the developer of Sigma Sapphire?

Sigma Realtors (Shantilal Meghji Shethia) — 6 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Santacruz East?

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

What metro and infrastructure is near Sigma Sapphire?

Versova-Bandra Sea Link — under construction · due 2028, 2.8 km away; Line 2B Yellow — opened 2026, 2.8 km away; Line 3 Aqua — opened 2025, 2.9 km away; Mumbai-Ahmedabad Bullet Train — under construction · due 2029, 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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