Chembur · Mumbai
Safal Montbay
Chembur · by Safal Group (Jai Mata Di Home Construction Pvt. Ltd.)
Updated Oct 2026
ChemburPhotos from the project record · tap to enlarge
At a glance
swipe →- Line 2B Yellow1.0 km
- Line 4 Green2.8 km
A first look at Safal Montbay
Safal Montbay is a residential project in Chembur, Mumbai 400088. It is registered with MahaRERA under P51800028789 (registered 2021-09-08). Safal Montbay is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 25 units across 2 buildings of up to 20 floors. It offers 4 & 5 BHK homes with carpet areas of 1,678–6,762 sq ft. MahaRERA proposed possession: Jan 2029.
Ask an advisor to check current resale or rental availability.
Unit configurations filed with MahaRERA (4)
Safal Montbay floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Safal Montbay
Location
The project is in Chembur, Mumbai 400088, in the Mumbai Suburban district. Across 47 recent resale listings on MPE, homes in Chembur have a median asking rate of ₹30,900 per sq ft, and a 2 BHK typically rents for about ₹80,000 a month.
MahaRERA record
Safal Montbay is registered with MahaRERA under P51800028789, dated 8 September 2021. The registered promoter is Jai Mata Di Home Construction Pvt. Ltd.. The filing lists 2 wings: SAFAL MONTBAY WING A over 20 floors; SAFAL MONTBAY WING B over 20 floors. According to MahaRERA, the project escrow account is with Punjab National Bank.
Homes and prices
Homes on offer are 4 BHK of 1,678–1,725 sq ft at ₹7.45 Cr–₹7.66 Cr; 5 BHK of 3,381 sq ft at ₹15.01 Cr; Duplex of 6,762 sq ft at ₹30.02 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹44,400 per sq ft of carpet, 44% above the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.
Construction and possession
MahaRERA progress reports show construction has not started yet on any of the 11 tracked stages. Proposed possession is Jan 2029.
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 Bharti Villa, Touchwood B Wing, Swayam Niketan.
Buyer demand in Chembur
In the last 90 days, buyers and tenants registered 46 requirements for Chembur with Mumbai Property Exchange, 18 of them to buy and 1 specifically for 4 & 5 BHK homes.
Developer's description ▾
Chembur market
prices, rents & ratesPrice vs locality
Chembur — resale, rent & yield
This project is quoted around ₹44,398/sqft — 44% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Chembur
Upcoming projects & infrastructure in Chembur
take an informed decision131 MahaRERA projects are due to hand over in Chembur between 2026 and 2030; the nearest upcoming infrastructure to Safal Montbay is the Line 4 Green, 2.8 km away (under construction · due 2027).
Supply is not evenly spread — one year carries about a third of it.
- 🚇Line 2B YellowOpened 20261.0 km
- 🚇Line 4 GreenUnder construction · due 20272.8 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Chembur, 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: 5 BHK · 3381 sq ft at ₹15.01 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% (₹11.26 Cr here), released stage by stage, so your own money is about ₹3.75 Cr plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹9.77 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
10+2 more ▾
Talk to our MahaRERA advisor
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💬 Ask about resale or rental optionsResale Flats for Sale in Chembur
4
Flats for Rent in Chembur
4
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Frequently Asked Questions
Where is Safal Montbay located?
Safal Montbay is in Chembur, Mumbai 400088.
What is the price of Safal Montbay?
Safal Montbay is sold out by the developer; ask MPE for resale or rental flats in this building.
What configurations and carpet areas does Safal Montbay offer?
4 BHK – 1,678 sq ft carpet; 4 BHK – 1,725 sq ft carpet; 5 BHK – 3,381 sq ft carpet; Duplex – 6,762 sq ft carpet.
When is possession of Safal Montbay?
As per MahaRERA, proposed possession is Jan 2029.
Is Safal Montbay RERA-registered?
Yes — MahaRERA registration P51800028789, registered 2021-09-08.
How many units does Safal Montbay have?
MahaRERA records 25 units across 1 building, up to 20 floors.
Who is the developer of Safal Montbay?
Safal Group (Jai Mata Di Home Construction Pvt. Ltd.) — 12 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Chembur?
131 MahaRERA-registered projects in Chembur are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Safal Montbay?
Line 2B Yellow — opened 2026, 1.0 km away; Line 4 Green — under construction · due 2027, 2.8 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.
