List your propertyWhatsApp
Best dealsNew projectsInvestProjects mapBuy a flatRent a flatCommercialBuilders & developersWhy usRERA searchLocalitiesTools & calculatorsNRI hubNewsLog in+ List your property — sell or leaseWhatsApp us
Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
SOLD OUTResale and rental stock live in this buildingMahaRERA P51800004137

Chembur · Mumbai

Safal Sky

Chembur · by Safal Group (Varun Homes Pvt. Ltd.)

Updated Oct 2026

81
Units
2025
Possession
1
Buildings
Certificate Signed
Status
SOLD OUT
Safal Sky is sold out by the developer.Resale and rental flats in this building are listed below.
See resale & lease in this building →

A first look at Safal Sky

Safal Sky is a residential project in Chembur, Mumbai 400071. It is registered with MahaRERA under P51800004137 (registered 2025-07-16). Safal Sky is sold out by the developer — resale flats here are listed from ₹3.5 Cr. The project has 81 units across 1 building of up to 16 floors. It offers 2 & 3 BHK homes with carpet areas of 742–1,185 sq ft. MahaRERA proposed possession: Dec 2025, revised to Aug 2020.

Resale and rental stock live in this building.

1 for sale in this building right now, listed below.

Unit configurations filed with MahaRERA (2)
ConfigurationCarpetIndicative Price
2 BHK743–752 ft²₹2.36 Cr–₹2.39 Cr
3 BHK997–1,186 ft²₹3.17 Cr–₹3.77 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

Property listings in Safal Sky

For sale

Safal Sky floor plans

2
Safal Sky, Chembur — floor plan 1Safal Sky, Chembur — floor plan 2

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

About Safal Sky

Location

Safal Sky is located in Chembur, Mumbai 400071, in the Mumbai Suburban district. Across 49 recent resale listings on MPE, homes in Chembur have a median asking rate of ₹31,700 per sq ft, and a 2 BHK typically rents for about ₹80,000 a month.

MahaRERA record

The MahaRERA registration number is P51800004137, issued on 16 July 2025. The registered promoter is Varun Homes Pvt. Ltd.. The filing lists 1 wing: SAFAL SKY WING A AND WING B with 81 units over 16 floors. Per the registration, the project escrow account is with State Bank Of India.

Homes and prices

The price list covers 2 BHK of 742–753 sq ft at ₹2.37 Cr–₹2.4 Cr; 3 BHK of 997–1,185 sq ft at ₹3.19 Cr–₹3.71 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹31,300–₹32,000 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 90%, finishing at 35%, services at 36%. Proposed possession is Dec 2025, revised to Aug 2020.

Developer track record

Safal Group has 12 projects tracked on Mumbai Property Exchange, 11 of them delivered (ready or sold out).

Buyer demand in Chembur

In the last 90 days, buyers and tenants registered 44 requirements for Chembur with Mumbai Property Exchange, 17 of them to buy and 14 specifically for 2 & 3 BHK homes.

Developer's description ▾
Safal Sky is a Residential Project Developed by the Safal Group. It is located at Chembur. Chembur is well-connected to the rest of Mumbai through a network of roads and railways. The Eastern Express Highway, Eastern Freeway, and Sion-Panvel Expressway provide road connectivity to various parts of the city. Two towers of stilt+podium+12 storey offering 2,3 and 4 BHK Residences. 8-9 minutes from Chembur Station and Monorail Station. Close proximity to the social infrastructure. It offers 2,3 and 4 BHK Residences. Amenities include Library, Jogging track, Sit Out Area, Gymnasium, Indoor Games and many more.11 Feet Floor to Ceiling Height. Builder Possession by March 2024.

Chembur market

prices, rents & rates

Price vs locality

₹31,779
/sqft · Chembur rate-band mid-point ₹45,000
29% below mid-point

Chembur — resale, rent & yield

Resale
₹31,700/sqft
median · 49 listings
Rent
₹108.7/sqft/mo
2 BHK ~₹80,000/mo
Gross yield
4.1%/yr
rent vs resale value

This project is quoted around ₹31,779/sqft — in line with resale here.

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

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

Upcoming projects & infrastructure in Chembur

take an informed decision

131 MahaRERA projects are due to hand over in Chembur between 2026 and 2030; the nearest upcoming infrastructure to Safal Sky is the Line 4 Green, 2.2 km away (under construction · due 2027).

131
MahaRERA projects handing over in the next 5 years
in Chembur
₹30,400/sqft▼
typical asking price
easing 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
13
2026
57
2027
25
2028
17
2029
19
2030

Supply is not evenly spread — one year carries about a third of it.

Metro & infrastructure near Safal Sky
  • 🚇Line 2B YellowOpened 20261.1 km
  • 🚇Line 4 GreenUnder construction · due 20272.2 km
📜 1,012 registered transactions (IGR) on record in Chembur. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Chembur prices?

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

Possession (proposed)
Dec 2025
Possession (revised)
Aug 2020
MahaRERA No.
P51800004137
Data last updated
Oct 2026
Registered
2025-07-16
Escrow Bank
STATE BANK OF INDIA
Architect
—
Total FSI
7,232

Buildings · 1 wing

81 units
SAFAL SKY WING A AND WING B · 16 fl · 81 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation100%
Structure90%
Finishing35%
Services36%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Podiums (if any)100%
Stilt Floor100%
Slabs of Super Structure90%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…75%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …71%
Sanitary Fittings within the flats / premises30%
External plumbing and external plaster, elevation, completion of terr…0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%

What you pay, and when

an example

This 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 · 997 sq ft at ₹3.19 Cr (the price recorded above).

Due soon after booking~₹95.7 L30%, stages already done
Balance till possession~₹2.23 Cras the last stages finish
Stamp duty + GST~₹19.1 L + ₹15.9 L6% + 5%, plus ~₹30,000 registration
  1. ○ Plinth complete45% paid by then
  2. ○ Slabs complete70% paid by then
  3. ○ Walls, plaster & flooring75% paid by then
  4. ○ Sanitary fittings80% paid by then
  5. ○ Staircases, lift wells & lobbies85% paid by then
  6. ○ Lifts, pumps, plumbing & elevation95% paid by then
  7. ○ Possession100%

With a home loan: banks usually fund up to 75% (₹2.39 Cr here), released stage by stage, so your own money is about ₹79.8 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 ₹2.08 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 advisor

Amenities

8
Aggregate area of recreational Open SpaceElectrical 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

Resale Flats for Sale in Chembur

4

Flats for Rent in Chembur

4

Commercial for Lease in Chembur

1

Commercial Projects in Chembur

MahaRERA projects nearby in Chembur

Frequently Asked Questions

Where is Safal Sky located?

Safal Sky is in Chembur, Mumbai 400071.

What is the price of Safal Sky?

Safal Sky is sold out by the developer — resale flats here are listed from ₹3.5 Cr. These are current asking prices from live listings on MPE.

What configurations and carpet areas does Safal Sky offer?

2 BHK – 742 sq ft carpet; 2 BHK – 753 sq ft carpet; 3 BHK – 997 sq ft carpet; 3 BHK – 1,185 sq ft carpet.

When is possession of Safal Sky?

As per MahaRERA, proposed possession is Dec 2025, revised to Aug 2020.

Is Safal Sky RERA-registered?

Yes — MahaRERA registration P51800004137, registered 2025-07-16.

How many units does Safal Sky have?

MahaRERA records 81 units across 14 buildings, up to 16 floors.

Who is the developer of Safal Sky?

Safal Group (Varun Homes 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 Sky?

Line 2B Yellow — opened 2026, 1.1 km away; Line 4 Green — under construction · due 2027, 2.2 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 2026-10-06). 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
💬WhatsApp📅Book site visit📞Call back

Latest Mumbai Property News

View all news →