Malad East · Mumbai
Sheetal Heera
Malad East · by DGS Group (D G S Township Pvt. Ltd.)
Registered project name
Sheetal HiraUpdated Oct 2026
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The story at a glance

At a glance
swipe →- Goregaon-Mulund Link Road (GMLR)2.8 km
A first look at Sheetal Heera
Sheetal Heera is a residential project by DGS Group in Malad East, Mumbai 400097. It is registered with MahaRERA under P51800077051 (registered 2024-07-16). The project has 40 units across 1 building of up to 17 floors. It offers 1 & 2 BHK homes with carpet areas of 424–624 sq ft, priced ₹1.15 Cr–₹1.85 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹27,100 per sq ft. MahaRERA proposed possession: Oct 2027.
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 (5)
About Sheetal Heera
Location
The project is in Malad East, Mumbai 400097, in the Mumbai Suburban district. Across 260 recent resale listings on MPE, homes in Malad East have a median asking rate of ₹30,300 per sq ft, and a 2 BHK typically rents for about ₹65,000 a month.
MahaRERA record
Sheetal Heera is registered with MahaRERA under P51800077051, dated 16 July 2024. The registered promoter is D G S Township Pvt. Ltd.. The filing lists 1 wing: SHEETAL HIRA with 40 units over 17 floors. According to MahaRERA, the architect on record is ARCH VIEW ASSOCIATES SANTOSH ZIRMUTE and the project escrow account is with State Bank Of India.
Homes and prices
Homes on offer are 1 BHK of 424 sq ft at ₹1.15 Cr; 2 BHK of 624 sq ft at ₹1.85 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹27,100–₹29,600 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 77%, services at 75%. Proposed possession is Oct 2027.
Developer track record
DGS Group has 44 projects tracked on Mumbai Property Exchange, 28 of them delivered (ready or sold out). Other projects by the same developer include Godrej Vihaa Sky Gardens, Oberoi Elysian D Wing, Chandak GreenBiz.
Buyer demand in Malad East
In the last 90 days, buyers and tenants registered 24 requirements for Malad East with Mumbai Property Exchange, 7 of them to buy and 9 specifically for 1 & 2 BHK homes.
Malad East market
prices, rents & ratesPrice vs locality
Malad East — resale, rent & yield
This project is quoted around ₹27,100/sqft — 11% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Malad East
Upcoming projects & infrastructure in Malad East
take an informed decision47 MahaRERA projects are due to hand over in Malad East between 2026 and 2030; the nearest upcoming infrastructure to Sheetal Heera is the Goregaon-Mulund Link Road (GMLR), 2.8 km away (under construction · due 2028).
- 🚇Goregaon-Mulund Link Road (GMLR)Under construction · due 20282.8 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Malad East, 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 · 1 wing
40 unitsLocation
Neighbourhood around Sheetal Heera
Sheetal Heera in Malad East is 0.2 km from Kurar metro station, 1.3 km from Malad railway station, 0.6 km from St. George High School and 0.6 km from Balajee Hospital.
- Ⓜ Metro stationKurar0.2 km
- Ⓜ Metro stationPoisar0.4 km
- 🚉 Railway stationMalad1.3 km
- 🏫 SchoolSt. George High School0.6 km
- 🏫 SchoolSt. Joseph High School0.6 km
- 🏥 HospitalBalajee Hospital0.6 km
- 🏥 HospitalDr. Sharik's Asha Maternity & General Hospital0.6 km
- 🎓 CollegeNagindas Khandwala College1.5 km
- 🛍 MallExpress Zone Mall1.2 km
- 🌳 ParkBaba Shaheb Bhimrao Ambedkar Park0.2 km
Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →
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: 2 BHK · 624 sq ft at ₹1.85 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% (₹1.39 Cr here), released stage by stage, so your own money is about ₹46.2 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 ₹1.20 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
16+8 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.
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Frequently Asked Questions
Where is Sheetal Heera located?
Sheetal Heera is in Malad East, Mumbai 400097.
What is the price of Sheetal Heera?
1 & 2 BHK homes are priced ₹1.15 Cr–₹1.85 Cr as on 09 Jul 2026, about ₹27,100 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Sheetal Heera offer?
1 BHK – 424 sq ft carpet at ₹1.15 Cr; 2 BHK – 624 sq ft carpet at ₹1.85 Cr.
When is possession of Sheetal Heera?
As per MahaRERA, proposed possession is Oct 2027.
Is Sheetal Heera RERA-registered?
Yes — MahaRERA registration P51800077051, registered 2024-07-16.
How many units does Sheetal Heera have?
MahaRERA records 40 units across 9 buildings, up to 17 floors.
Who is the developer of Sheetal Heera?
DGS Group (D G S Township Pvt. Ltd.) — 44 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Malad East?
47 MahaRERA-registered projects in Malad East are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Sheetal Heera?
Goregaon-Mulund Link Road (GMLR) — under construction · due 2028, 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.
How far is Sheetal Heera from the nearest metro and railway station?
Sheetal Heera is about 0.2 km from Kurar metro station and 1.3 km from Malad railway station (straight-line distance; road distance is longer).
