Marine Lines · Mumbai
South Bay
Jagannath Shankar Seth Road and Dr MB Velkar Road, Marine Lines · by The Vibrant Group (Sambhav Shelters)
Registered project name
Soutth BayUpdated Oct 2026
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The story at a glance
At a glance
swipe →A first look at South Bay
South Bay is a residential project by The Vibrant Group on Jagannath Shankar Seth Road and Dr MB Velkar Road, Marine Lines, Mumbai 400002. It is registered with MahaRERA under P51900034807 (registered 2022-06-29). The project has 13 units across 1 building of up to 22 floors. It offers 2 & 3 BHK homes with carpet areas of 832–1,062 sq ft, priced ₹5.07 Cr–₹6.47 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹61,000 per sq ft. MahaRERA proposed possession: Apr 2027.
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 (2)
Property listings in South Bay
About South Bay
Location
South Bay is located on Jagannath Shankar Seth Road and Dr MB Velkar Road, Marine Lines (Mumbai 400002), in the Mumbai City district.
MahaRERA record
South Bay is registered with MahaRERA under P51900034807, dated 29 June 2022. The registered promoter is Sambhav Shelters. The filing lists 1 wing: B Wing with 13 units over 22 floors. According to MahaRERA, the project escrow account is with State Bank Of India.
Homes and prices
Configurations recorded are 2 BHK of 832 sq ft at ₹5.07 Cr; 3 BHK of 1,062 sq ft at ₹6.47 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹60,900 per sq ft of carpet. 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 47%, finishing at 0%, services at 24%. Proposed possession is Apr 2027.
Developer track record
The Vibrant Group has 3 projects tracked on Mumbai Property Exchange, 1 of them delivered (ready or sold out).
Upcoming projects & infrastructure in Marine Lines
take an informed decision9 MahaRERA projects are due to hand over in Marine Lines between 2026 and 2030.
Supply is not evenly spread — one year carries almost half of it.
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Marine Lines, 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
13 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: 3 BHK · 1062 sq ft at ₹6.47 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% (₹4.85 Cr here), released stage by stage, so your own money is about ₹1.62 Cr plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹4.21 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
25+17 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 Marine Lines
3
Commercial for Sale in Marine Lines
1
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Frequently Asked Questions
Where is South Bay located?
South Bay is on Jagannath Shankar Seth Road and Dr MB Velkar Road, Marine Lines, Mumbai 400002.
What is the price of South Bay?
2 & 3 BHK homes are priced ₹5.07 Cr–₹6.47 Cr as on 09 Jul 2026, about ₹61,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does South Bay offer?
2 BHK – 832 sq ft carpet at ₹5.07 Cr; 3 BHK – 1,062 sq ft carpet at ₹6.47 Cr.
When is possession of South Bay?
As per MahaRERA, proposed possession is Apr 2027.
Is South Bay RERA-registered?
Yes — MahaRERA registration P51900034807, registered 2022-06-29.
How many units does South Bay have?
MahaRERA records 13 units across 1 building, up to 22 floors.
Who is the developer of South Bay?
The Vibrant Group (Sambhav Shelters) — 3 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Marine Lines?
9 MahaRERA-registered projects in Marine Lines are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines 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.
