Bandra West · Mumbai
Silver Bay
Jarimari Road, Santosh Nagar, Bandra West · by Transcon Developers (Shraddha Shelters Pvt. Ltd.)
Registered project name
SilverbayUpdated Oct 2026
Bandra WestPhotos from the project record · tap to enlarge
A first look at Silver Bay
Silver Bay is a residential project by Transcon Developers on Jarimari Road, Santosh Nagar, Bandra West, Mumbai 400050. It is registered with MahaRERA under P51800055163 (registered 2024-03-04). The project has 105 units across 1 building of up to 20 floors. It offers 2 & 4 BHK homes with carpet areas of 597–1,640 sq ft, priced ₹2.98 Cr–₹8.2 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹50,000 per sq ft. MahaRERA proposed possession: Apr 2028.
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)
Silver Bay floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Silver Bay
Location
The address of Silver Bay is Jarimari Road, Santosh Nagar, Bandra West, Mumbai 400050, in the Mumbai Suburban district. Across 146 recent resale listings on MPE, homes in Bandra West have a median asking rate of ₹58,913 per sq ft, and a 2 BHK typically rents for about ₹1.5 Lac a month.
MahaRERA record
Silver Bay is registered with MahaRERA under P51800055163, dated 4 March 2024. The registered promoter is Shraddha Shelters Pvt. Ltd.. The filing lists 1 wing: Wing C with 105 units over 20 floors. According to MahaRERA, the architect on record is Addplus Design Consultants Llp and the project escrow account is with HDFC Bank.
Homes and prices
The price list covers 2 BHK of 597–794 sq ft at ₹2.98 Cr–₹3.97 Cr; 4 BHK of 1,375–1,640 sq ft at ₹6.87 Cr–₹8.2 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹49,900–₹50,000 per sq ft of carpet, 15% 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 21%, structure at 0%, finishing at 0%, services at 0%. Proposed possession is Apr 2028.
Developer track record
Transcon Developers has 10 projects tracked on Mumbai Property Exchange, 5 of them delivered (ready or sold out). Other projects by the same developer include Shraddha Gold Crest, Shraddha Elite, Shraddha Skyline.
Buyer demand in Bandra West
In the last 90 days, buyers and tenants registered 129 requirements for Bandra West with Mumbai Property Exchange, 56 of them to buy and 55 specifically for 2 & 4 BHK homes.
Bandra West market
prices, rents & ratesPrice vs locality
Bandra West — resale, rent & yield
This project is quoted around ₹50,000/sqft — 15% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Bandra West
Upcoming projects & infrastructure in Bandra West
take an informed decision51 MahaRERA projects are due to hand over in Bandra West between 2027 and 2031; the nearest upcoming infrastructure to Silver Bay is the Versova-Bandra Sea Link, 1.4 km away (under construction · due 2028).
Supply is not evenly spread — one year carries about a third of it.
- 🌉Versova-Bandra Sea LinkUnder construction · due 20281.4 km
🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices
Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.
RERA record & possession
Buildings · 1 wing
105 unitsLocation
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 · 794 sq ft at ₹3.97 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% (₹2.98 Cr here), released stage by stage, so your own money is about ₹99.2 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 ₹2.58 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
26+18 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.
Resale Flats for Sale in Bandra West
4
Flats for Rent in Bandra West
4
Commercial for Sale in Bandra West
1
Commercial for Lease in Bandra West
2
Commercial Projects in Bandra West
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Frequently Asked Questions
Where is Silver Bay located?
Silver Bay is on Jarimari Road, Santosh Nagar, Bandra West, Mumbai 400050.
What is the price of Silver Bay?
2 & 4 BHK homes are priced ₹2.98 Cr–₹8.2 Cr as on 09 Jul 2026, about ₹50,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Silver Bay offer?
2 BHK – 597 sq ft carpet at ₹2.98 Cr; 2 BHK – 778 sq ft carpet at ₹3.89 Cr; 2 BHK – 784 sq ft carpet at ₹3.92 Cr; 2 BHK – 794 sq ft carpet at ₹3.97 Cr; 4 BHK – 1,375 sq ft carpet at ₹6.87 Cr; 4 BHK – 1,640 sq ft carpet at ₹8.2 Cr.
When is possession of Silver Bay?
As per MahaRERA, proposed possession is Apr 2028.
Is Silver Bay RERA-registered?
Yes — MahaRERA registration P51800055163, registered 2024-03-04.
How many units does Silver Bay have?
MahaRERA records 105 units across 55 buildings, up to 20 floors.
Who is the developer of Silver Bay?
Transcon Developers (Shraddha Shelters Pvt. Ltd.) — 10 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Bandra West?
51 MahaRERA-registered projects in Bandra West are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.
What metro and infrastructure is near Silver Bay?
Versova-Bandra Sea Link — under construction · due 2028, 1.4 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.
