Sheela Smruti Ready Possession in Vile Parle East
📍 Navpada, Tejpal Scheme Rd 3, Vile Parle East · by Black Gold Developers Pvt. Ltd
Sheela Smruti is a ready possession residential project by Black Gold Developers Pvt. Ltd at Navpada, Tejpal Scheme Rd 3, Vile Parle East. The configurations on record are 2, 3, 4 & 6 BHK of 590, 638, 709, 1,228, 1,274 and 1,864 sq ft carpet. This page is Real Estate Mumbai's read on Sheela Smruti against the resale and rental market in Vile Parle East — what a flat here rents for, what the resale market asks, and where prices are moving.
Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995
What a flat in Sheela Smruti would rent for
Vile Parle East has 1 live 2 BHK rentals on Real Estate Mumbai today, at a median of ₹1.6 L a month — about ₹213 per sq ft of carpet a month (middle half ₹213–₹213).
At today's rates that makes a 590 sq ft 2 BHK roughly ₹1.26 L a month, a 638 sq ft 2 BHK roughly ₹1.36 L a month and a 709 sq ft 3 BHK roughly ₹82,953 a month.
At ₹40,531 per sq ft, that is a gross rental yield of about 3.5% to 6.3% — before maintenance, tax and vacancy. Premium Mumbai homes are bought for capital growth more than yield; treat the rent as the floor under your holding cost, not the return.
| Configuration | Carpet | Vile Parle East rent today | Estimated rent | Gross yield |
|---|---|---|---|---|
| 2 BHK | 590 sq ft | ₹213/sq ft/mo (1 live) | ≈ ₹1.26 L/mo | ~6.3% |
| 2 BHK | 638 sq ft | ₹213/sq ft/mo (1 live) | ≈ ₹1.36 L/mo | ~6.3% |
| 3 BHK | 709 sq ft | ₹117/sq ft/mo (2 live) | ≈ ₹82,953/mo | ~3.5% |
| 4 BHK | 1,228 sq ft | ₹124/sq ft/mo (3 live) | ≈ ₹1.52 L/mo | ~3.7% |
| 4 BHK | 1,274 sq ft | ₹124/sq ft/mo (3 live) | ≈ ₹1.58 L/mo | ~3.7% |
| 6 BHK | 1,864 sq ft | ₹124/sq ft/mo (3 live) | ≈ ₹2.31 L/mo | ~3.7% |
Estimate = carpet area × the live median rent per sq ft for that configuration in Vile Parle East on Real Estate Mumbai. Indicative; a new building with sea views can command more.
The resale market Sheela Smruti competes with
8 2 BHK resale homes are on the market in Vile Parle East right now, median ₹2.85 Cr at ₹40,955 per sq ft; the middle half asks ₹35,173–₹46,957. Listings are on average 36 days old.
Sheela Smruti prices at ₹40,531 per sq ft — 1% below the resale median and inside the middle of the resale market. That premium buys a new building, new specification and a longer remaining life; the resale market buys location now, at a discount, ready to live in.
Where Vile Parle East prices are moving
Real Estate Mumbai's Vile Parle East price index reads 93.4 for Sep 2026 (base 100), a median asking ₹39,886 per sq ft across 10 listings, up 0.3% on the month. By configuration: 3 BHK ₹39,886 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Sep 2026 | ₹39,886 | 93.4 | +0.3% | 10 |
| Aug 2026 | ₹39,772 | 93.1 | -6.9% | 11 |
| Jul 2026 | ₹42,719 | 100.0 | — | 30 |
Real Estate Mumbai price index, computed monthly from live asking prices in Vile Parle East (base 100). Asking, not registered, prices.
Sheela Smruti on MahaRERA — what to check before you book
Sheela Smruti 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 |
|---|---|---|---|---|---|
| Sheela Smruti Chsl | P51800004201 | SHEELA SMRUTI CHSL · 10 fl | — | — | Aug 2017 |
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.
Ready homes in Vile Parle East you can buy or rent today
Real Estate Mumbai's own listings — the honest alternative to waiting for a launch. 2, BHK and larger first.
About Sheela Smruti
Sheela Smruti is a Residential Project by Black Gold Developers. It is a 8 storey tower located at Vile Parle East. Near to Vile Parle Railway Station, Western Express Highway, Metro Phase II & IV, Domestic & International Airport, Andheri Railway Station. well developed social infrastructure, this neighbourhoods has all that your routine demands, while it also has entertainment options. It offers 2 and 3 BHK Residences with jodi options available. Well ventilated apartments. Elegant entrance lobby. Premium fittings in the bathroom. Modern amenities and facilities. RERA approved project. OC Received, ready possession.
Amenities
Next steps — clarity before you step out
Want the other side of the argument? Ask for our second opinion on WhatsApp — Sheela Smruti against the ready homes above, for your budget.
Sheela Smruti — the questions investors ask
What rent can a flat in Sheela Smruti earn?
Is Sheela Smruti priced above resale in Vile Parle East?
Are prices in Vile Parle East rising?
Is Sheela Smruti MahaRERA registered?
What can I buy in Vile Parle East today instead?
How do I get the price list or a site visit for Sheela Smruti?
Who is the builder of Sheela Smruti ?
What is the possession status of Sheela Smruti ?
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 22 Aug 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 Sheela Smruti
Navpada, Tejpal Scheme Rd 3, Vile Parle East · Black Gold Developers Pvt. Ltd
