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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA P51900034807

Marine Lines · Mumbai

South Bay

Jagannath Shankar Seth Road and Dr MB Velkar Road, Marine Lines · by The Vibrant Group (Sambhav Shelters)

Updated Sep 2026

13
Units
2027
Possession
1
Buildings
Certificate Signed
Status

A first look at South Bay

South Bay is a residential project by The Vibrant Group on Jagannath Shankar Seth Road and Dr MB Velkar Road, Marine Lines, Mumbai 400002. It is registered with MahaRERA under P51900034807 (registered 2022-06-29). The project has 13 units across 1 building of up to 22 floors. It offers 2 & 3 BHK homes with carpet areas of 832–1,062 sq ft, priced ₹5.07 Cr–₹6.47 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹61,000 per sq ft. MahaRERA proposed possession: Apr 2027.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
2 BHK832 ft²₹5.07 Cr—
3 BHK1062 ft²₹6.47 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

About South Bay

Location

South Bay is located on Jagannath Shankar Seth Road and Dr MB Velkar Road, Marine Lines (Mumbai 400002). Across 17 recent resale listings on MPE, homes in Marine Lines have a median asking rate of ₹77,092 per sq ft, and a 2 BHK typically rents for about ₹1.75 Lac a month.

MahaRERA record

South Bay is registered with MahaRERA under P51900034807, dated 29 June 2022. The registered promoter is Sambhav Shelters. The filing lists 1 wing: B Wing with 13 units over 22 floors. According to MahaRERA, the project escrow account is with State Bank Of India.

Homes and prices

Configurations recorded are 2 BHK of 832 sq ft at ₹5.07 Cr; 3 BHK of 1,062 sq ft at ₹6.47 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹60,900 per sq ft of carpet, 21% 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 47%, finishing at 0%, services at 24%. Proposed possession is Apr 2027.

Developer track record

The Vibrant Group has 3 projects tracked on Mumbai Property Exchange, 1 of them delivered (ready or sold out).

Upcoming projects & infrastructure in Marine Lines

take an informed decision

4 MahaRERA projects are due to hand over in Marine Lines between 2027 and 2031.

4
MahaRERA projects handing over in the next 5 years
in Marine Lines
New projects in Marine Lines by possession year
0
2027
1
2028
0
2029
3
2030
0
2031

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

In the full Marine Lines 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.

Marine Lines — resale, rent & yield

Resale
₹77,092/sqft
median · 17 listings
Rent
₹120.9/sqft/mo
2 BHK ~₹175,000/mo
Gross yield
1.9%/yr
rent vs resale value

This project is quoted around ₹61,000/sqft — 21% below resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
2 BHK835 ft²₹5.09 Cr
3 BHK1,063 ft²₹6.48 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)
Apr 2027
Project status
New
MahaRERA No.
P51900034807
Data last updated
Sep 2026
Registered
2022-06-29
Escrow Bank
STATE BANK OF INDIA
Architect
—
Total FSI
1,366

Buildings · 1 wing

13 units
B Wing · 22 fl · 13 u

Location

📍 Marine Lines

Construction progress

per MahaRERA
Foundation100%
Structure47%
Finishing0%
Services24%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Podiums (if any)100%
Stilt Floor100%
Slabs of Super Structure47%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …47%
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

25
Swimming PoolKids Play AreaGardenClubhouseIndoor GamesMultipurpose HallMini TheatreGymnasium
+17 more ▾
Jogging TrackYoga RoomSports CourtCycling TrackCCTV24x7 SecurityVideo Door PhoneFire SafetyIntercomAC LiftsPower BackupParkingVisitor ParkingPet FriendlyConcealed WiringConcealed PlumbingPrivate Lift

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.

💬 Verify current project inventory

Resale Flats for Sale in Marine Lines

4

Commercial for Sale in Marine Lines

2

Commercial for Lease in Marine Lines

1

Compare Soutth Bay with similarly priced projects nearby

MahaRERA projects nearby in Marine Lines

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 South Bay located?

South Bay is on Jagannath Shankar Seth Road and Dr MB Velkar Road, Marine Lines, Mumbai 400002.

What is the price of South Bay?

2 & 3 BHK homes are priced ₹5.07 Cr–₹6.47 Cr as on 09 Jul 2026, about ₹61,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does South Bay offer?

2 BHK – 832 sq ft carpet at ₹5.07 Cr; 3 BHK – 1,062 sq ft carpet at ₹6.47 Cr.

When is possession of South Bay?

As per MahaRERA, proposed possession is Apr 2027.

Is South Bay RERA-registered?

Yes — MahaRERA registration P51900034807, registered 2022-06-29.

How many units does South Bay have?

MahaRERA records 13 units across 1 building, up to 22 floors.

Who is the developer of South Bay?

The Vibrant Group (Sambhav Shelters) — 3 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Marine Lines?

4 MahaRERA-registered projects in Marine Lines are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines 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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