Borivali West · Mumbai
Emerald And Sapphire
Roshan Nagar Road, Punjabi Lane, Borivali West · by Smile Shelter Builder and Developers
Updated Oct 2026
Borivali WestPhotos from the project record · tap to enlarge
A first look at Emerald And Sapphire
Emerald And Sapphire is a residential project by Smile Shelter Builder and Developers on Roshan Nagar Road, Punjabi Lane, Borivali West, Mumbai 400092. It is registered with MahaRERA under P51800028416 (registered 2021-09-08). The project has 68 units across 2 buildings of up to 20 floors. It offers 2 & 3 BHK homes with carpet areas of 760–1,090 sq ft, priced ₹2.5 Cr–₹3.8 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹34,000 per sq ft. MahaRERA proposed possession: Jul 2026.
Ask an advisor to verify current developer inventory and price.
Availability & Pricing
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 WhatsAppUnit configurations filed with MahaRERA (9)
About Emerald And Sapphire
Location
The address of Emerald And Sapphire is Roshan Nagar Road, Punjabi Lane, Borivali West, Mumbai 400092, in the Mumbai Suburban district. Across 83 recent resale listings on MPE, homes in Borivali West have a median asking rate of ₹34,700 per sq ft.
MahaRERA record
The MahaRERA registration number is P51800028416, issued on 8 September 2021. The registered promoter is Smile Shelters. The filing lists 2 wings: EMERALD over 20 floors; SAPPHIRE over 12 floors. Per the registration, the architect on record is Ar Swapnil Ambre and the project escrow account is with Bank Of Baroda.
Homes and prices
The price list covers 2 BHK of 760 sq ft at ₹2.5 Cr; 3 BHK of 1,090 sq ft at ₹3.8 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹32,900–₹34,900 per sq ft of carpet, in line with 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 Jul 2026.
Developer track record
Smile Shelter Builder and Developers has 2 projects tracked on Mumbai Property Exchange. Other projects by the same developer include Bhairav Ocean Breeze.
Buyer demand in Borivali West
In the last 90 days, buyers and tenants registered 48 requirements for Borivali West with Mumbai Property Exchange, 19 of them to buy and 19 specifically for 2 & 3 BHK homes.
Borivali West market
prices, rents & ratesPrice vs locality
Borivali West — resale, rent & yield
This project is quoted around ₹34,000/sqft — 2% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Borivali West
Upcoming projects & infrastructure in Borivali West
take an informed decision169 MahaRERA projects are due to hand over in Borivali West between 2026 and 2030.
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Borivali West, then an advisor calls about your budget and configuration.
Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.
RERA record & possession
Buildings · 2 wings
Location
Construction progress
per MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.
In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.
Example: 3 BHK · 1090 sq ft at ₹3.80 Cr (the price recorded above).
- ✓ Plinth complete45% paid by then
- ✓ Slabs complete70% paid by then
- ✓ Walls, plaster & flooring75% paid by then
- ✓ Sanitary fittings80% paid by then
- ✓ Staircases, lift wells & lobbies85% paid by then
- ✓ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹2.85 Cr here), released stage by stage, so your own money is about ₹95.0 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹2.47 L/month (8.5%, 20 years).
Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.
💬 Talk through the numbers with an MPE advisorAmenities
22+14 more ▾
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 (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.
Resale Flats for Sale in Borivali West
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Flats for Rent in Borivali West
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Commercial for Sale in Borivali West
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Commercial for Lease in Borivali West
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Frequently Asked Questions
Where is Emerald And Sapphire located?
Emerald And Sapphire is on Roshan Nagar Road, Punjabi Lane, Borivali West, Mumbai 400092.
What is the price of Emerald And Sapphire?
2 & 3 BHK homes are priced ₹2.5 Cr–₹3.8 Cr as on 09 Jul 2026, about ₹34,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Emerald And Sapphire offer?
2 BHK – 760 sq ft carpet at ₹2.5 Cr; 3 BHK – 1,090 sq ft carpet at ₹3.8 Cr.
When is possession of Emerald And Sapphire?
As per MahaRERA, proposed possession is Jul 2026.
Is Emerald And Sapphire RERA-registered?
Yes — MahaRERA registration P51800028416, registered 2021-09-08.
How many units does Emerald And Sapphire have?
MahaRERA records 68 units across 19 buildings, up to 20 floors.
Who is the developer of Emerald And Sapphire?
Smile Shelter Builder and Developers — 2 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Borivali West?
169 MahaRERA-registered projects in Borivali West are due for possession between 2026 and 2030, 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.
