Borivali West · Mumbai
Sumit One
Off Chandavarkar Marg, Near Raichura Circle, Borivali West · by Sumit Group
Updated Sep 2026
Borivali WestPhotos from the project record · tap to enlarge
A first look at Sumit One
Sumit One is a residential project on Off Chandavarkar Marg, Near Raichura Circle, Borivali West, Mumbai 400092. It is registered with MahaRERA under P51800030624 (registered 2021-09-08). Sumit One is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 21 units across 1 building of up to 23 floors. It offers 2, 3 & 4 BHK homes with carpet areas of 670–1,370 sq ft. MahaRERA proposed possession: Dec 2024.
Ask an advisor to check current resale or rental availability.
Unit configurations filed with MahaRERA (4)
Sumit One floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Sumit One
Location
The address of Sumit One is Off Chandavarkar Marg, Near Raichura Circle, Borivali West, Mumbai 400092, in the Mumbai Suburban district. Across 30 recent resale listings on MPE, homes in Borivali West have a median asking rate of ₹31,350 per sq ft, and a 2 BHK typically rents for about ₹60,000 a month.
MahaRERA record
Sumit One is registered with MahaRERA under P51800030624, dated 8 September 2021. The registered promoter is Sumit Woods Limited. The filing lists 1 wing: Sumit One over 23 floors. According to MahaRERA, the architect on record is Space Moulders and the project escrow account is with ICICI Bank Ltd.
Homes and prices
The price list covers 2 BHK of 670 sq ft at ₹2.6 Cr; 2½ BHK of 734 sq ft at ₹2.8 Cr; 3 BHK of 931–1,100 sq ft at ₹3.6 Cr–₹4.16 Cr; 4 BHK of 1,370 sq ft at ₹5.25 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹37,800–₹38,800 per sq ft of carpet, 22% 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 100%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Dec 2024.
Developer track record
Sumit Group has 27 projects tracked on Mumbai Property Exchange, 20 of them delivered (ready or sold out). Other projects by the same developer include Sumit Casa, Sumit Bhakti, Sun Sumit Naomi Ark.
Buyer demand in Borivali West
In the last 90 days, buyers and tenants registered 43 requirements for Borivali West with Mumbai Property Exchange, 18 of them to buy and 19 specifically for 2, 3 & 4 BHK homes.
Developer's description ▾
Borivali West market
prices, rents & ratesPrice vs locality
Borivali West — resale, rent & yield
This project is quoted around ₹38,352/sqft — 22% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Borivali West
Upcoming projects & infrastructure in Borivali West
take an informed decision104 MahaRERA projects are due to hand over in Borivali West between 2026 and 2030; the nearest upcoming infrastructure to Sumit One is the Borivali-Thane Tunnel, 0.7 km away (under construction · due 2028).
Supply is not evenly spread — one year carries about a third of it.
- 🚇Borivali-Thane TunnelUnder construction · due 20280.7 km
- 🚇Line 9 Red (Mira-Bhayandar)Opened 20262.6 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
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 · 931 sq ft at ₹3.60 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% (₹2.70 Cr here), released stage by stage, so your own money is about ₹90.0 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 ₹2.34 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
7Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Ask about resale or rental optionsResale Flats for Sale in Borivali West
4
Flats for Rent in Borivali West
4
Commercial for Sale in Borivali West
2
Commercial for Lease in Borivali West
3
Commercial Projects in Borivali West
More by Sumit Group
MahaRERA projects nearby in Borivali West
Frequently Asked Questions
Where is Sumit One located?
Sumit One is on Off Chandavarkar Marg, Near Raichura Circle, Borivali West, Mumbai 400092.
What is the price of Sumit One?
Sumit One is sold out by the developer; ask MPE for resale or rental flats in this building.
What configurations and carpet areas does Sumit One offer?
2 BHK – 670 sq ft carpet; 2½ BHK – 734 sq ft carpet; 3 BHK – 931 sq ft carpet; 3 BHK – 1,100 sq ft carpet; 4 BHK – 1,370 sq ft carpet.
When is possession of Sumit One?
As per MahaRERA, proposed possession is Dec 2024.
Is Sumit One RERA-registered?
Yes — MahaRERA registration P51800030624, registered 2021-09-08.
How many units does Sumit One have?
MahaRERA records 21 units across 19 buildings, up to 23 floors.
Who is the developer of Sumit One?
Sumit Group — 27 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Borivali West?
104 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 Sumit One?
Borivali-Thane Tunnel — under construction · due 2028, 0.7 km away; Line 9 Red (Mira-Bhayandar) — opened 2026, 2.6 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.
