Malad East · Mumbai
Silver Sapphire
Malad East · by Silver Group (Mars Lifespaces(Yash) Private Limited)
Updated Oct 2026
Malad EastPhotos from the project record · tap to enlarge
A first look at Silver Sapphire
Silver Sapphire is a residential project in Malad East, Mumbai 400097. It is registered with MahaRERA under P51800053145 (registered 2023-10-17). The project has 61 units across 1 building of up to 18 floors. It offers 2 & 3 BHK homes with carpet areas of 721–966 sq ft, priced ₹2.35 Cr–₹3.05 Cr as on 18 Jul 2026 (indicative). The quoted rate is about ₹32,100 per sq ft. MahaRERA proposed possession: Oct 2027.
Ask an advisor to verify current developer inventory and price.
Availability & Pricing
Prices as on 18 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 (2)
Property listings in Silver Sapphire
Silver Sapphire videos
About Silver Sapphire
Location
Silver Sapphire is located in Malad East, Mumbai 400097, in the Mumbai Suburban district. Across 210 recent resale listings on MPE, homes in Malad East have a median asking rate of ₹30,600 per sq ft, and a 2 BHK typically rents for about ₹65,000 a month.
MahaRERA record
The MahaRERA registration number is P51800053145, issued on 17 October 2023. The registered promoter is Mars Lifespaces(Yash) Private Limited. The filing lists 1 wing: SILVER SAPPHIRE over 18 floors. Per the registration, the architect on record is Shilp Associates and the project escrow account is with HDFC Bank.
Homes and prices
The price list covers 2 BHK of 721 sq ft at ₹2.35 Cr; 3 BHK of 966 sq ft at ₹3.05 Cr (carpet area), as on 18 Jul 2026. That works out to about ₹31,600–₹32,600 per sq ft of carpet, 7% above 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 80%, structure at 65%, finishing at 5%, services at 29%. Proposed possession is Oct 2027.
Developer track record
Silver Group has 14 projects tracked on Mumbai Property Exchange, 10 of them delivered (ready or sold out).
Buyer demand in Malad East
In the last 90 days, buyers and tenants registered 23 requirements for Malad East with Mumbai Property Exchange, 7 of them to buy and 4 specifically for 2 & 3 BHK homes.
Malad East market
prices, rents & ratesPrice vs locality
Malad East — resale, rent & yield
This project is quoted around ₹32,084/sqft — 5% above 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 Silver Sapphire is the Goregaon-Mulund Link Road (GMLR), 1.6 km away (under construction · due 2028).
- 🚇Goregaon-Mulund Link Road (GMLR)Under construction · due 20281.6 km
- 🚇Line 3 AquaOpened 20253.5 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
Location
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: 3 BHK · 966 sq ft at ₹3.05 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% (₹2.29 Cr here), released stage by stage, so your own money is about ₹76.2 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 ₹1.99 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
6Next 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 Malad East
4
Flats for Rent in Malad East
4
Commercial for Sale in Malad East
1
Commercial Projects in Malad East
Compare Silver Sapphire with similarly priced projects nearby
MahaRERA projects nearby in Malad East
Frequently Asked Questions
Where is Silver Sapphire located?
Silver Sapphire is in Malad East, Mumbai 400097.
What is the price of Silver Sapphire?
2 & 3 BHK homes are priced ₹2.35 Cr–₹3.05 Cr as on 18 Jul 2026, about ₹32,100 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Silver Sapphire offer?
2 BHK – 721 sq ft carpet at ₹2.35 Cr; 3 BHK – 966 sq ft carpet at ₹3.05 Cr.
When is possession of Silver Sapphire?
As per MahaRERA, proposed possession is Oct 2027.
Is Silver Sapphire RERA-registered?
Yes — MahaRERA registration P51800053145, registered 2023-10-17.
How many units does Silver Sapphire have?
MahaRERA records 61 units across 4 buildings, up to 18 floors.
Who is the developer of Silver Sapphire?
Silver Group (Mars Lifespaces(Yash) Private Limited) — 14 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 Silver Sapphire?
Goregaon-Mulund Link Road (GMLR) — under construction · due 2028, 1.6 km away; Line 3 Aqua — opened 2025, 3.5 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.
