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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
SOLD OUTCompleted/historical project — current inventory unconfirmedMahaRERA P51800018547

Borivali West · Mumbai

Swashray

Ram Mandir Road, Babhai Naka, Borivali West · by Shanti Enterprise

Updated Oct 2026

12
Units
2022
Possession
1
Buildings
Certificate Signed
Status
SOLD OUT
Swashray is sold out by the developer.We can check resale and rental flats in this building for you.
See resale & lease in this building →

At a glance

swipe →
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
  • Borivali-Thane Tunnel1.6 km

A first look at Swashray

Swashray is a residential project by Shanti Enterprise on Ram Mandir Road, Babhai Naka, Borivali West, Mumbai 400092. It is registered with MahaRERA under P51800018547 (registered 2021-09-09). Swashray is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 12 units across 1 building of up to 10 floors. It offers 1 BHK homes with carpet areas of 436–506 sq ft. MahaRERA proposed possession: Dec 2022.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Unit configurations filed with MahaRERA (2)
ConfigurationCarpetIndicative Price
1 BHK436–468 ft²₹1.32 Cr–₹1.42 Cr
1.5 BHK506 ft²₹1.53 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

About Swashray

Location

Swashray stands on Ram Mandir Road, Babhai Naka in Borivali West, Mumbai 400092, 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

The MahaRERA registration number is P51800018547, issued on 9 September 2021. The filing lists 1 wing: SWASHRAY over 10 floors. Per the registration, the architect on record is Ashwin Mehta and the project escrow account is with ICICI Bank Ltd.

Homes and prices

Homes on offer are 1 BHK of 436 sq ft at ₹1.35 Cr; 1½ BHK of 506 sq ft at ₹1.5 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹29,600–₹31,000 per sq ft of carpet, 10% 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 80%, structure at 90%, finishing at 78%, services at 68%. Proposed possession is Dec 2022.

Developer track record

Shanti Enterprise has 29 projects tracked on Mumbai Property Exchange, 28 of them delivered (ready or sold out). Other projects by the same developer include Unique Regalia, Unique Aura, Unique Ivana.

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 7 specifically for 1 BHK homes.

Developer's description ▾
Swashray is a under construction project located in Borivali West, Mumbai. The project is 8 storeys tall. The project is currently under construction. RERA registered: P51800018547. Contact Mumbai Property Exchange for floor plans, pricing and site visits.

Borivali West market

prices, rents & rates

Price vs locality

₹30,304
/sqft · Borivali West rate-band mid-point ₹40,000
24% below mid-point

Borivali West — resale, rent & yield

Resale
₹34,300/sqft
median · 107 listings

This project is quoted around ₹30,304/sqft — 12% 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 Swashray is the Borivali-Thane Tunnel, 1.6 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 Swashray
  • 🚇Borivali-Thane TunnelUnder construction · due 20281.6 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)
Dec 2022
Project status
New
MahaRERA No.
P51800018547
Data last updated
Oct 2026
Registered
2021-09-09
Escrow Bank
ICICI BANK LIMITED
Architect
Ashwin Mehta
Total FSI
1,380

Buildings · 1 wing

SWASHRAY · 10 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation80%
Structure90%
Finishing78%
Services68%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Stilt Floor100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…90%
Slabs of Super Structure90%
External plumbing and external plaster, elevation, completion of terr…85%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …85%
Sanitary Fittings within the flats / premises60%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…50%
Podiums (if any)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: 1½ BHK · 506 sq ft at ₹1.50 Cr (the price recorded above).

Due soon after booking~₹45.0 L30%, stages already done
Balance till possession~₹1.05 Cras the last stages finish
Stamp duty + GST~₹9.0 L + ₹7.5 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% (₹1.12 Cr here), released stage by stage, so your own money is about ₹37.5 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 ₹97,600/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

17
Swimming PoolKids Play AreaGardenClubhouseIndoor GamesMultipurpose HallGymnasiumJogging Track
+9 more ▾
Yoga RoomCCTV24x7 SecurityVideo Door PhonePower BackupParkingVisitor ParkingConcealed WiringConcealed Plumbing

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

Resale Flats for Sale in Borivali West

4

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 Shanti Enterprise

MahaRERA projects nearby in Borivali West

Frequently Asked Questions

Where is Swashray located?

Swashray is on Ram Mandir Road, Babhai Naka, Borivali West, Mumbai 400092.

What is the price of Swashray?

Swashray is sold out by the developer; ask MPE for resale or rental flats in this building.

What configurations and carpet areas does Swashray offer?

1 BHK – 436 sq ft carpet; 1½ BHK – 506 sq ft carpet.

When is possession of Swashray?

As per MahaRERA, proposed possession is Dec 2022.

Is Swashray RERA-registered?

Yes — MahaRERA registration P51800018547, registered 2021-09-09.

How many units does Swashray have?

MahaRERA records 12 units across 7 buildings, up to 10 floors.

Who is the developer of Swashray?

Shanti Enterprise — 29 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 Swashray?

Borivali-Thane Tunnel — under construction · due 2028, 1.6 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.

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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