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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
SOLD OUTCompleted/historical project — current inventory unconfirmedMahaRERA P51800049851

Santacruz East · Mumbai

Sigma Sapphire

Guru Narayan Road, near Yes Bank House, Sen Nagar, Santacruz East · by Sigma Realtors (Shantilal Meghji Shethia)

Updated Oct 2026

27
Units
2024
Possession
1
Buildings
Certificate Signed
Status
SOLD OUT
Sigma Sapphire 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

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Area price trend
₹36,800/sq.ft
+16.6% since Q1 26 · asking rate for homes in Santacruz East
Who's looking
16 requests
People asked us for Santacruz East in the last 90 days — 1 to buy.
Getting around
  • Versova-Bandra Sea Link2.8 km
  • Line 2B Yellow2.8 km
  • Line 3 Aqua2.9 km

A first look at Sigma Sapphire

Sigma Sapphire is a residential project on Guru Narayan Road, near Yes Bank House, Sen Nagar, Santacruz East, Mumbai 400055. It is registered with MahaRERA under P51800049851 (registered 2023-09-08). Sigma Sapphire is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 27 units across 1 building of up to 15 floors. It offers 2 BHK homes with carpet areas of 618 sq ft. MahaRERA proposed possession: Dec 2024.

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 BHK466 ft²₹1.39 Cr
2 BHK618 ft²₹1.84 Cr
3 BHK746 ft²₹2.22 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

Sigma Sapphire floor plans

2
Sigma Sapphire, Santacruz East — floor plan 1Sigma Sapphire, Santacruz East — floor plan 2

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

About Sigma Sapphire

Location

Sigma Sapphire stands on Guru Narayan Road, near Yes Bank House, Sen Nagar in Santacruz East, Mumbai 400055, in the Mumbai Suburban district. Across 39 recent resale listings on MPE, homes in Santacruz East have a median asking rate of ₹37,200 per sq ft.

MahaRERA record

Sigma Sapphire is registered with MahaRERA under P51800049851, dated 8 September 2023. The registered promoter is Shantilal Meghji Shethia. The filing lists 1 wing: Sigma Sapphire over 15 floors. According to MahaRERA, the architect on record is Parivartan Architects And Engineers and the project escrow account is with ICICI Bank Ltd.

Homes and prices

Homes on offer are 2 BHK of 618 sq ft (carpet area), as on 09 Jul 2026. Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 59%, structure at 98%, finishing at 91%, services at 88%. Proposed possession is Dec 2024.

Developer track record

Sigma Realtors has 6 projects tracked on Mumbai Property Exchange, 3 of them delivered (ready or sold out).

Buyer demand in Santacruz East

In the last 90 days, buyers and tenants registered 16 requirements for Santacruz East with Mumbai Property Exchange, 1 of them to buy and 1 specifically for 2 BHK homes.

Developer's description ▾
Sigma Sapphire, a residential project by Shantilal Meghji Shethi in Mumbai's Santacruz East, offers units for sale, including 1 BHK, 2 BHK, and 3 BHK layouts, ranging from 466.0 to 746.0 sq.ft. Set on 0.12 acres, the project, with 27 units in one building, anticipates completion by December 2024. Featuring closed car parking, it complies with state RERA regulations, with ID P51800049851 listed on the RERA portal. Shantilal Meghji Shethi, a renowned developer, prioritizes residents' lifestyles. With proximity to schools, hospitals, banks, and offices, Santacruz East is an attractive location for home seekers. Contact for further details on Sigma Sapphire.

Santacruz East market

prices, rents & rates

Price vs locality

₹29,773
/sqft · Santacruz East rate-band mid-point ₹52,500
43% below mid-point

Santacruz East — resale, rent & yield

Resale
₹37,200/sqft
median · 39 listings
Rent
₹133.8/sqft/mo
28 rentals
Gross yield
4.3%/yr
rent vs resale value

This project is quoted around ₹29,773/sqft — 20% below resale here.

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

Property rates in Santacruz East

Residential · Sale
₹40,000–65,000/sqft
Commercial · Sale
₹45,000–75,000/sqft
2 BHK · Rent
₹110,000–220,000/mo

Upcoming projects & infrastructure in Santacruz East

take an informed decision

58 MahaRERA projects are due to hand over in Santacruz East between 2026 and 2030; the nearest upcoming infrastructure to Sigma Sapphire is the Versova-Bandra Sea Link, 2.8 km away (under construction · due 2028).

58
MahaRERA projects handing over in the next 5 years
in Santacruz East
₹36,500/sqft▲
typical asking price
rising this quarter
₹17,200/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Santacruz East by possession year
5
2026
19
2027
17
2028
7
2029
10
2030

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

Metro & infrastructure near Sigma Sapphire
  • 🌉Versova-Bandra Sea LinkUnder construction · due 20282.8 km
  • 🚇Line 2B YellowOpened 20262.8 km
  • 🚇Line 3 AquaOpened 20252.9 km
  • 🚄Mumbai-Ahmedabad Bullet TrainUnder construction · due 20292.9 km
Questions about Santacruz East prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Santacruz 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

Possession (proposed)
Dec 2024
Project status
New
MahaRERA No.
P51800049851
Data last updated
Oct 2026
Registered
2023-09-08
Escrow Bank
ICICI BANK LIMITED
Architect
Parivartan Architects And Engineers
Total FSI
1,452

Buildings · 1 wing

Sigma Sapphire · 15 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation59%
Structure98%
Finishing91%
Services88%
See all 11 stages ▾
Basement (if any)98%
Excavation98%
Plinth98%
Slabs of Super Structure98%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…97%
External plumbing and external plaster, elevation, completion of terr…95%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …95%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…80%
Sanitary Fittings within the flats / premises80%
Podiums (if any)0%
Stilt Floor0%

Amenities

10
Electrical meter room, sub-station, r…Fire protection and fire safety requi…Landscaping & Tree PlantingOpen ParkingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water DrainsTreatment And Disposal Of Sewage And …
+2 more ▾
Water 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 Santacruz East

4

Flats for Rent in Santacruz East

4

Commercial for Sale in Santacruz East

1

Commercial Projects in Santacruz East

MahaRERA projects nearby in Santacruz East

Frequently Asked Questions

Where is Sigma Sapphire located?

Sigma Sapphire is on Guru Narayan Road, near Yes Bank House, Sen Nagar, Santacruz East, Mumbai 400055.

What is the price of Sigma Sapphire?

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

What configurations and carpet areas does Sigma Sapphire offer?

2 BHK – 618 sq ft carpet.

When is possession of Sigma Sapphire?

As per MahaRERA, proposed possession is Dec 2024.

Is Sigma Sapphire RERA-registered?

Yes — MahaRERA registration P51800049851, registered 2023-09-08.

How many units does Sigma Sapphire have?

MahaRERA records 27 units across 1 building, up to 15 floors.

Who is the developer of Sigma Sapphire?

Sigma Realtors (Shantilal Meghji Shethia) — 6 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Santacruz East?

58 MahaRERA-registered projects in Santacruz East are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Sigma Sapphire?

Versova-Bandra Sea Link — under construction · due 2028, 2.8 km away; Line 2B Yellow — opened 2026, 2.8 km away; Line 3 Aqua — opened 2025, 2.9 km away; Mumbai-Ahmedabad Bullet Train — under construction · due 2029, 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
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