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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA P51800056127

Borivali West · Mumbai

Skyline 103

Borivali West · by Panchnaad Group

Updated Oct 2026

Skyline 103 by Panchnaad, Borivali West, Mumbai — 1, 2 & 3 BHK new project, builder's expected possession Dec 2027, RERA possession Jul 2027 | Mumbai Property Exchange, Sandeep Sadh 98200 30685
Skyline 103, Borivali West · project card by Mumbai Property Exchange
30
Units
2027
Possession
1
Buildings
Certificate Signed
Status

At a glance

swipe →
Price check
₹31,500/sq.ft
₹31,200₹37,800
Within the usual range for homes for sale in Borivali West (107 listings).
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
  • Line 9 Red (Mira-Bhayandar)1.8 km
  • Borivali-Thane Tunnel2.2 km

A first look at Skyline 103

Skyline 103 is a residential project by Panchnaad Group in Borivali West, Mumbai 400103. It is registered with MahaRERA under P51800056127 (registered 2024-05-16). The project has 30 units across 1 building of up to 4 floors. It offers 1 & 2 BHK homes with carpet areas of 434–640 sq ft, priced ₹1.39 Cr–₹2 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹31,500 per sq ft. MahaRERA proposed possession: Jul 2027.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
1 BHK434 ft²₹1.39 Cr—
2 BHK624 ft²₹1.95 Cr—
2 BHK640 ft²₹2 Cr—

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 WhatsApp
Unit configurations filed with MahaRERA (4)
ConfigurationCarpetIndicative Price
1 BHK435 ft²₹1.37 Cr
2 BHK505–640 ft²₹1.59 Cr–₹2.02 Cr
3 BHK709–850 ft²₹2.23 Cr–₹2.68 Cr
Existing Tenant435–865 ft²₹1.37 Cr–₹2.72 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

About Skyline 103

Location

The project is in Borivali West, Mumbai 400103, 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

Skyline 103 is registered with MahaRERA under P51800056127, dated 16 May 2024. The registered promoter is Panchnaad Developers. The filing lists 1 wing: SKYLINE103 with 30 units over 4 floors. According to MahaRERA, the architect on record is Chirag S. Rayani and the project escrow account is with HDFC Bank.

Homes and prices

Homes on offer are 1 BHK of 434 sq ft at ₹1.39 Cr; 2 BHK of 624–640 sq ft at ₹1.95 Cr–₹2 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹31,200–₹32,000 per sq ft of carpet, 9% 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 60%, structure at 47%, finishing at 0%, services at 0%. Proposed possession is Jul 2027.

Developer track record

Panchnaad Group has 3 projects tracked on Mumbai Property Exchange, 1 of them delivered (ready or sold out). Other projects by the same developer include Brahma Aashirvad, Anantham CHS.

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 17 specifically for 1 & 2 BHK homes.

Borivali West market

prices, rents & rates

Price vs locality

₹31,500
/sqft · Borivali West rate-band mid-point ₹40,000
21% below mid-point

Borivali West — resale, rent & yield

Resale
₹34,300/sqft
median · 107 listings

This project is quoted around ₹31,500/sqft — 8% 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 Skyline 103 is the Borivali-Thane Tunnel, 2.2 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 Skyline 103
  • 🚇Line 9 Red (Mira-Bhayandar)Opened 20261.8 km
  • 🚇Borivali-Thane TunnelUnder construction · due 20282.2 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)
Jul 2027
Project status
New
MahaRERA No.
P51800056127
Data last updated
Oct 2026
Registered
2024-05-16
Escrow Bank
HDFC BANK
Architect
Chirag S. Rayani
Total FSI
2,198

Buildings · 1 wing

30 units
SKYLINE103 · 4 fl · 30 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation60%
Structure47%
Finishing0%
Services0%
See all 11 stages ▾
Excavation100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure47%
Basement (if any)0%
External plumbing and external plaster, elevation, completion of terr…0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…0%
Podiums (if any)0%
Sanitary Fittings within the flats / premises0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …0%

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: 2 BHK · 624 sq ft at ₹1.95 Cr (the price recorded above).

Due soon after booking~₹58.5 L30%, stages already done
Balance till possession~₹1.36 Crover about 9 months
Stamp duty + GST~₹11.7 L + ₹9.8 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% (₹1.46 Cr here), released stage by stage, so your own money is about ₹48.8 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 ₹1.27 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

22
Kids Play AreaGardenClubhouseIndoor GamesMultipurpose HallMini TheatreGymnasiumJogging Track
+14 more ▾
Yoga RoomSpaSports CourtCCTV24x7 SecurityVideo Door PhoneFire SafetyGated CommunityPower BackupParkingVisitor ParkingModular KitchenConcealed WiringConcealed Plumbing

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 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 Panchnaad Group

Compare Skyline103 with similarly priced projects nearby

MahaRERA projects nearby in Borivali West

Frequently Asked Questions

Where is Skyline 103 located?

Skyline 103 is in Borivali West, Mumbai 400103.

What is the price of Skyline 103?

1 & 2 BHK homes are priced ₹1.39 Cr–₹2 Cr as on 09 Jul 2026, about ₹31,500 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Skyline 103 offer?

1 BHK – 434 sq ft carpet at ₹1.39 Cr; 2 BHK – 624 sq ft carpet at ₹1.95 Cr; 2 BHK – 640 sq ft carpet at ₹2 Cr.

When is possession of Skyline 103?

As per MahaRERA, proposed possession is Jul 2027.

Is Skyline 103 RERA-registered?

Yes — MahaRERA registration P51800056127, registered 2024-05-16.

How many units does Skyline 103 have?

MahaRERA records 30 units across 17 buildings, up to 4 floors.

Who is the developer of Skyline 103?

Panchnaad Group — 3 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 Skyline 103?

Line 9 Red (Mira-Bhayandar) — opened 2026, 1.8 km away; Borivali-Thane Tunnel — under construction · due 2028, 2.2 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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