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 OUTCompleted/historical project — current inventory unconfirmedMahaRERA P51800034920

Borivali West · Mumbai

Shila Bina

Eksar Road, Nr. Laxminarayan Temple, Borivali West · by MS Infrastructure

Updated Oct 2026

108
Units
2025
Possession
1
Buildings
Certificate Signed
Status
SOLD OUT
Shila Bina is sold out by the developer.We can check resale and rental flats in this building for you.
See resale & lease in this building →

At a glance

swipe →
Area price trend
₹35,000/sq.ft
+1.9% since Q1 26 · asking rate for homes in Borivali West
Who's looking
55 requests
People asked us for Borivali West in the last 90 days — 24 to buy.
Getting around
  • Borivali-Thane Tunnel1.6 km
  • Line 9 Red (Mira-Bhayandar)2.9 km

A first look at Shila Bina

Shila Bina is a residential project by MS Infrastructure on Eksar Road, Nr. Laxminarayan Temple, Borivali West, Mumbai 400091. It is registered with MahaRERA under P51800034920 (registered 2022-04-28). Shila Bina is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 108 units across 1 building of up to 23 floors. It offers 1, 2 & 3 BHK homes with carpet areas of 426–1,230 sq ft. MahaRERA proposed possession: Dec 2025.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Unit configurations filed with MahaRERA (3)
ConfigurationCarpetIndicative Price
1 BHK425–490 ft²₹1.27 Cr–₹1.47 Cr
2 BHK528–690 ft²₹1.58 Cr–₹2.07 Cr
3 BHK839–1,121 ft²₹2.51 Cr–₹3.36 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

Shila Bina floor plans

2
Shila Bina, Borivali West — floor plan 1Shila Bina, Borivali West — floor plan 2

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

About Shila Bina

Location

Shila Bina is located on Eksar Road, Nr. Laxminarayan Temple, Borivali West (Mumbai 400091), in the Mumbai Suburban district. Across 107 recent resale listings on MPE, homes in Borivali West have a median asking rate of ₹34,300 per sq ft.

MahaRERA record

Shila Bina is registered with MahaRERA under P51800034920, dated 28 April 2022. The filing lists 1 wing: SHILA BINA CHS LTD over 23 floors. According to MahaRERA, the architect on record is Nilesh Makwana and the project escrow account is with Karnataka Bank Ltd.

Homes and prices

Configurations recorded are 1 BHK of 426–490 sq ft at ₹1.27 Cr–₹1.47 Cr; 2 BHK of 565–690 sq ft at ₹1.69 Cr–₹2.07 Cr; 3 BHK of 974–1,230 sq ft at ₹2.92 Cr–₹3.69 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹29,800–₹30,000 per sq ft of carpet, 13% 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 100%, finishing at 100%, services at 100%. Proposed possession is Dec 2025.

Developer track record

MS Infrastructure has 49 projects tracked on Mumbai Property Exchange, 40 of them delivered (ready or sold out). Other projects by the same developer include Central Park, NMS 17 West, One 8 One.

Buyer demand in Borivali West

In the last 90 days, buyers and tenants registered 55 requirements for Borivali West with Mumbai Property Exchange, 24 of them to buy and 28 specifically for 1, 2 & 3 BHK homes.

Developer's description ▾
Shila Bina is a Residential Project Developed by the MS Infrastructure. It is located at Borivali West. The suburb enjoys good connectivity via road and rail. Just 1.8 km from Borivali Station and 1 km from Metro Eksar Metro Station. Close proximity to the social infrastructure. It is a G+3 level podium parking+18 storey tower offering 1,2 and 3 BHK Residences. Vaastu compliant apartments. Ample car parking space with stilt and 3 level podium. Two high speed elevators. Exclusive Double Height Entrance Lobby. Amenities include Garden & Kids Play Area, Club House and Fitness Center. Builder possession by June 2024.

Borivali West market

prices, rents & rates

Price vs locality

₹29,952
/sqft · Borivali West rate-band mid-point ₹40,000
25% below mid-point

Borivali West — resale, rent & yield

Resale
₹34,300/sqft
median · 107 listings

This project is quoted around ₹29,952/sqft — 13% below resale here.

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

Property rates in Borivali West

Residential · Sale
₹30,000–50,000/sqft
Commercial · Sale
₹30,000–45,000/sqft
2 BHK · Rent
₹65,000–90,000/mo

Upcoming projects & infrastructure in Borivali West

take an informed decision

168 MahaRERA projects are due to hand over in Borivali West between 2026 and 2030; the nearest upcoming infrastructure to Shila Bina is the Borivali-Thane Tunnel, 1.6 km away (under construction · due 2028).

168
MahaRERA projects handing over in the next 5 years
in Borivali West
₹33,700/sqft▲
typical asking price
rising this quarter
₹15,300/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Borivali West by possession year
16
2026
53
2027
43
2028
33
2029
23
2030
Metro & infrastructure near Shila Bina
  • 🚇Borivali-Thane TunnelUnder construction · due 20281.6 km
  • 🚇Line 9 Red (Mira-Bhayandar)Opened 20262.9 km
Questions about Borivali West prices?

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

Possession (proposed)
Dec 2025
Project status
New
MahaRERA No.
P51800034920
Data last updated
Oct 2026
Registered
2022-04-28
Escrow Bank
KARNATAKA BANK LIMITED
Architect
Nilesh Makwana
Total FSI
11,851

Buildings · 1 wing

SHILA BINA CHS LTD · 23 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation100%
Structure100%
Finishing100%
Services100%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Podiums (if any)100%
Sanitary Fittings within the flats / premises100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%

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 · 974 sq ft at ₹2.92 Cr (the price recorded above).

Due soon after booking~₹2.77 Cr95%, stages already done
Balance till possession~₹14.6 Las the last stages finish
Stamp duty + GST~₹17.5 L + ₹14.6 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% (₹2.19 Cr here), released stage by stage, so your own money is about ₹73.0 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 ₹1.90 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

7
Electrical meter room, sub-station, r…Fire protection and fire safety requi…Landscaping & Tree PlantingSolid Waste Management And DisposalStorm Water DrainsWater SupplyWater 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 Borivali West

3

Flats for Rent in Borivali West

2

Commercial for Sale in Borivali West

1

Commercial for Lease in Borivali West

1

Commercial Projects in Borivali West

More by MS Infrastructure

MahaRERA projects nearby in Borivali West

Frequently Asked Questions

Where is Shila Bina located?

Shila Bina is on Eksar Road, Nr. Laxminarayan Temple, Borivali West, Mumbai 400091.

What is the price of Shila Bina?

Shila Bina is sold out by the developer; ask MPE for resale or rental flats in this building.

What configurations and carpet areas does Shila Bina offer?

1 BHK – 426 sq ft carpet; 1 BHK – 490 sq ft carpet; 2 BHK – 565 sq ft carpet; 2 BHK – 690 sq ft carpet; 3 BHK – 974 sq ft carpet; 3 BHK – 1,116 sq ft carpet; 3 BHK – 1,174 sq ft carpet; 3 BHK – 1,230 sq ft carpet.

When is possession of Shila Bina?

As per MahaRERA, proposed possession is Dec 2025.

Is Shila Bina RERA-registered?

Yes — MahaRERA registration P51800034920, registered 2022-04-28.

How many units does Shila Bina have?

MahaRERA records 108 units across 28 buildings, up to 23 floors.

Who is the developer of Shila Bina?

MS Infrastructure — 49 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Borivali West?

168 MahaRERA-registered projects in Borivali West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Shila Bina?

Borivali-Thane Tunnel — under construction · due 2028, 1.6 km away; Line 9 Red (Mira-Bhayandar) — opened 2026, 2.9 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 →