Borivali East, Mumbai
- Ready to Move
- 616 Sq.Ft. (Carpet Area)
₹1.55 Cr
₹26,100 Per Sq. Ft.
View the latest price list for Sumit Proxima.
*Prices are indicative and subject to applicable charges and project terms.
Sumit Proxima's average asking price is cooling quarter-on-quarter, compared with Borivali East.
Sumit Proxima avg. price is ₹ 26.1 K/Sq.Ft. compared to Borivali East at ₹ 35.6 K/Sq.Ft.
Monthly Rent in Borivali East ranges from ₹ 19.1 K to ₹ 1.5 L with options available for STUDIO,1,2,3,4 BHK units
Get the latest price and market updates for Sumit Proxima.
The Thane-Borivali Twin Tunnel project saw the launch of TBM Arjuna on August 13, 2026, aiming to reduce travel time between Thane and Borivali to approximately 15 minutes. Amazon Data Services is developing a large data center in Ambernath, with an estimated construction cost of ₹3,500 crore, to be ready by 2029
CM Devendra Fadnavis inaugurated Phase 2 of the Santacruz-Chembur Link Road (SCLR) & the Chembur Metro Station under Metro Line 2B,The SCLR Phase 2 is expected to strengthen the road network between Mumbai's western and eastern suburbs, improving east-west connectivity.
Temporary traffic diversions have been implemented in Kasarvadavali for the ongoing work on the ambitious Thane-Borivali twin tunnel project by the Mumbai Metropolitan Region Development Authority (MMRDA). Certain routes will be closed from July 6 to August 5, 2026, to facilitate construction.
Mumbai's monorail services are set to resume soon after a nine-month suspension, following approval from the Maharashtra government for safety improvements and fare revisions. MMRDA has proposed increased ticket prices. The monorail, which previously carried around 18,000 passengers daily, will offer improved services after safety upgrades.
Rent in Sumit Proxima ranges from ₹ 50 K to ₹ 61 K with options available for 2 BHK.
MMRDA has presented a surplus budget of ₹48,072 crore, with 87% allocated to infrastructure projects, including roads, public transport, and urban development. A notable provision of ₹4,000 crore is earmarked for the development of Mumbai 3.0 New Town, aiming for planned urban expansion.
The BMC's FY26-27 budget includes a substantial allocation of ₹6,475 crore for water security initiatives. This funding is designated for projects such as the Manori desalination plant (₹500 crore) and the Gargai project (₹437.51 crore), aimed at augmenting the city's water supply capacity.
The BMC's FY26-27 budget includes a substantial allocation of ₹6,475 crore for water security initiatives. This funding is designated for projects such as the Manori desalination plant (₹500 crore) and the Gargai project (₹437.51 crore), aimed at augmenting the city's water supply capacity.
The highly anticipated 'Missing Link' project on the Mumbai-Pune Expressway is set to be inaugurated on May 1, significantly reducing travel time by approximately 30 minutes and enhancing safety. The 10.5-km stretch features tunnels and a bridge, bypassing the accident-prone Khandala Ghat. This infrastructure upgrade is expected to ease traffic congestion, improve travel safety.
The Mumbai Metropolitan Region Development Authority (MMRDA) will inaugurate Metro Line 2B (Phase I) and Metro Line 9 (Phase I), and conduct the bhoomipujan for the Thane–Borivali Twin Tunnel project and the pod taxi system in Bandra Kurla Complex (BKC) on April 7. These projects aim to significantly reduce travel time, ease congestion, and improve connectivity across Mumbai's suburbs.
Price:₹ 1.55 Cr
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Sumit Woods Pvt Ltd, a renowned real estate developer in Mumbai and Thane, has successfully completed 31 projects to date. Beyond profitability, the company proudly emphasizes serving the society in various ways. Their commitment is evident through the successful implementation of slum rehabilitation and redevelopment projects, which not only reshape the city landscape but also transform the lives of those living in poverty.Sumit Group understands the importance of sustainable living and places a strong emphasis on creating comfortable, eco-friendly homes. These homes are meticulously crafted with utmost care, ensuring a harmonious balance between nature and modern living. The developer commitment to quality extends to their determination to care for the environment.Whether it is through innovative designs, energy-efficient technologies, or the use of eco-friendly materials, Sumit Woods Pvt Ltd stands at the forefront of environmental consciousness. By offering these eco-friendly homes, the developer aims to elevate the living standards of residents and contribute to the larger cause of sustainability.Homebuyers looking for value-for-money properties that also reflect care for the environment can rely on Sumit Group. With their track record of successful projects and unwavering commitment to both social welfare and eco-friendly living, Sumit Woods Pvt Ltd continues to be a trusted choice in the real estate industry.
Yes, Sumit Proxima has received its Occupancy Certificate, confirming that the project is legally approved for residential use
Yes, since Sumit Proxima is a Ready to Move project in Borivali East, buyers can arrange site visits and inspect the actual apartment before finalizing the deal.
Sumit Proxima has received its completion and occupancy approvals. With a possession status of Ready to Move, buyers can move in immediately after completing purchase formalities.
Maintenance charges at Sumit Proxima depend on the apartment size and society services and are payable monthly or annually.
Buyers need identity proof, address proof, agreement to sell, sale deed, and registration documents for purchasing in Sumit Proxima.
This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.
*Real Estate (Regulation & Development) Act, 2016.