Sapphire Ready Possession in Mahim
As of 4 Nov 2026, Sapphire in Marinagar Road, Mahim by HIL group is a ready-to-move 1 & 2 BHK residential project at ₹44,907/sq ft, MahaRERA possession Apr 2027.
Full project details, floor plans and MahaRERA on Mumbai Property Exchange →
📍 Marinagar Road, Mahim · by HIL group
Sapphire is a ready possession residential project by HIL group at Marinagar Road, Mahim. The configurations on record are 1 & 2 BHK, about 400–700 sq ft carpet. Project facts and property enquiries for Sapphire, Mahim. Recorded developer status is separate from resale and rental availability; reconfirm each listing.
Mumbai Property Exchange (MahaRERA agent A51800043517) · Real Estate Mumbai · since 1995
Sapphire: price, rent, infrastructure and growth
| Measure | Figure | What it means |
|---|---|---|
| Project pricing | ₹44,907 /sq ft · ₹1.93 Cr – ₹2.98 Cr | Developer rate on record. Confirm the carpet basis and current price list. |
| Mahim micro-market rate | ₹57,895 /sq ft | Resale median across 23 live Mahim listings; middle half ₹48,909–₹64,119. This project asks 22% less than resale. |
| Rent potential | ₹218 /sq ft a month · 2 BHK ≈ ₹1.22 L/mo | Median asking rent in Mahim, 24 live listings. At the project rate that is about 5.8% gross a year before costs. |
| Scope of capital appreciation | Good | Because of: priced close to (or below) ready resale; rental yield around 5.8%; possession within 1 year. Our reading of the figures above, not a forecast or advice. Speak to our team before you invest. |
About these comparisons
Comparisons use listing verification recorded within 90 days, exclude approximate carpet areas and collapse matching building/configuration/price/area records. Each reported configuration needs at least five observations. This does not certify availability; reconfirm the unit and measurement. Gross yield is omitted because the project price basis and date have not been independently matched.
What a flat in Sapphire would rent for
Indicative monthly asking rents use at least five recent, comparable residential listing observations of the same BHK configuration in Mahim. These are locality comparisons, not confirmed rents achieved in Sapphire.
Estimated monthly asking rent: 2 BHK: ₹1.22 L and 2 BHK: ₹1.27 L.
| Configuration | Carpet | Mahim rent today | Estimated rent |
|---|---|---|---|
| 2 BHK | Members | ₹192/sq ft/mo (10 observations) | ≈ ₹1.22 L/mo |
| 2 BHK | Members | ₹192/sq ft/mo (10 observations) | ≈ ₹1.27 L/mo |
Estimate = carpet area (members see it) × the live median rent per sq ft for that configuration in Mahim on Real Estate Mumbai. Indicative locality comparison; reconfirm property-specific terms.
Where Mahim prices are moving
Real Estate Mumbai's Mahim price index reads 116.1 for Nov 2026 (base 100), a median asking ₹58,590 per sq ft across 31 listings, up 0.4% on the month. By configuration: 2 BHK ₹63,333, 3 BHK ₹53,846 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Nov 2026 | ₹58,590 | 116.1 | +0.4% | 31 |
| Oct 2026 | ₹58,381 | 115.7 | -0.7% | 33 |
| Sep 2026 | ₹58,780 | 116.5 | +1.5% | 49 |
| Aug 2026 | ₹57,920 | 114.8 | +14.8% | 33 |
| Jul 2026 | ₹50,463 | 100.0 | — | 54 |
Real Estate Mumbai price index, computed monthly from live asking prices in Mahim (base 100). Asking, not registered, prices.
Sapphire on MahaRERA — what to check before you book
Sapphire is registered. The registry is the only document that binds the developer on possession dates, carpet areas and what is built; read it before any token.
| Phase | MahaRERA no. | Towers · floors | Units | Possession declared | Registered |
|---|---|---|---|---|---|
| Sapphire | P51800031268 | SAPPHIRE · 22 fl | — | Apr 2027 | Oct 2021 |
Scan to verify on MahaRERA
MahaRERA agent: Mumbai Property Exchange, registration no. A51800043517 (operator of Real Estate Mumbai).
Registry link opens the MahaRERA record. Possession dates on the registry can be revised by the developer under the Act; we refresh this table as the record changes.
Everything we do in Mahim
Homes to rent and buy, new projects under construction, and offices to lease or buy — one Real Estate Mumbai team for all of it.
We handle offices to lease in Mahim too — tell us what you need and our team will share current options.
We handle offices to buy in Mahim too — tell us what you need and our team will share current options.
Property listings in Mahim
Listed resale and rental options. Reconfirm availability before arranging a viewing. 1 BHK and larger first.
About Sapphire
Sapphire is a Residential Project Developed by the HIL Group. It is located at Mahim. Mahim enjoys excellent connectivity to other parts of Mumbai. It is well-connected by road and rail. The Western Express Highway and the Bandra-Worli Sea Link provide road connectivity. Close proximity to the social infrastructure. It is a 22 storey tower offering 1 and 2 BHK Residences. Amenities like Separate Mechanical Parking & Roof top Amenities like Fully equipped Gym, Swimming Pool, Gazebo, Co-Working station & many more.
Amenities
Next steps — clarity before you step out
Want the other side of the argument? Ask for our second opinion on WhatsApp — Sapphire against the ready homes above, for your budget.
Sapphire — the questions investors ask
What is the price of Sapphire, Mahim?
What rent can a flat in Sapphire earn?
Are prices in Mahim rising?
Is Sapphire MahaRERA registered?
What can I buy in Mahim today instead?
How do I get the price list or a site visit for Sapphire?
Who is the builder of Sapphire?
What is the possession status of Sapphire?
Is Sapphire RERA registered?
Rents, resale prices and the price index on this page are computed from live listings on Real Estate Mumbai and refresh automatically; project facts are as declared to MahaRERA or recorded by our team (updated 31 Jul 2026). Indicative, not an offer; verify with the developer and on MahaRERA before deciding. Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995.
Get details on Sapphire
Marinagar Road, Mahim · HIL group