MahaRERA Property Intelligence · Mumbai Suburban

12 PEGASUS

P51800054031 · H/E ward BANDRA EAST · promoter Jayant Enterprises Project

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP51800054031
Registered on19 Dec 2023
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 months to the declared date

Regulatory Standing

MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.

Builder Track Record

Across MahaRERA, Jayant Enterprises Project is the promoter of record on 42 projects, of which 2 carry a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.

Construction Progress

MahaRERA's cost filing puts construction at ~48.4% of the estimated project cost incurred as of the last certificate (₹75.68 Cr spent against a ₹156.47 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Sales & Inventory

Of 218 homes filed with MahaRERA, 118 are sold/booked (103 with registered agreements + 15 booked) and 100 remain available (~54% sold) — selling steadily. Buyers have committed ₹250.78 Cr in agreement value so far. Of that, ₹145.70 Cr (~58%) is already collected, ₹105.08 Cr receivable — a read on how far along these sales really are. Note: the project registers 539 homes in total, but this sold/unsold inventory filing covers only 218 of them — the other 321 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 118 registered agreements, the effective carpet rate is ₹32,503/sqft (typical range ₹31,501–₹44,904) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 29 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+25 and 539 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Composite Building No 11G+25308-
Sale Building no 21G+23231-

Unit mix on the filing: 250 residential and 289 non-residential (shops/offices).

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
SM1260011406/02/2026Bhakti Achrekar vs Jayant Enterprises S N Projectorder passed

Location, Land & Connectivity

Located at H/E ward BANDRA EAST, Ramkrishna Paramhans Marg, Gandhi Nagar, Borivali, Mumbai Suburban, 400051. Per the filed land record, the plot is bounded to the north by ST GRACIOUSSCHOOL, to the south by Open Plot, to the east by SERVICE ROAD and to the west by SERVICE ROAD ANDEASTERN EXPRESS HIGHWAY. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Bandra Kurla Complex (BKC)2 km
Chhatrapati Shivaji Int'l Airport3 km
Andheri MIDC / SEEPZ7 km
Lower Parel / Worli business district8 km
Powai / Hiranandani business park8 km
Nariman Point / Fort16 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

🔒 The verdict & buyer playbook · Compliance report

The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.

Unlock in the ₹999 report →

🔒 Unit-by-unit guidance · Unit Guidance report

Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.

Unlock in the ₹2,999 report →

🔒 Full financial records — escrow, funding & the document catalog · Compliance report

The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.

Unlock in the ₹999 report →

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Other RERA-registered projects in Bandra East

Sajay Avenue 18
possession by Aug 2026 · Vinca Realtors Private Limited
A And O Estado
Not filing quarterly progress reports · possession by Dec 2026 · Ashapura Builders AND Developers
Antariksh Ace
possession by Dec 2026 · Pittie Antariksh Realty Private Limited
Bandra North Gulmohar Avenue
possession by Dec 2026 · Shivalik Ventures Private Limited
Gurukrupa Nirmalam
possession by Dec 2026 · Gurukrupa Realcon Infrastructure LLP
LEO Eminence
possession by Dec 2026 · LEO Infrastructure Private Limited

Major developers building in Bandra East

Other RERA-registered projects in Mumbai Suburban

126 Florencio
declared completion Sep 2020 · Arham Engineers
127 Upper East
declared completion Jun 2024 · Paranjape Schemes LTD
140 Sher - E- Punjab
declared completion Jun 2026 · Insha Lifestyle LLP
140 Shivaji Park
declared completion Jun 2025 · Urbania Realty LLP
15 Park View
possession by Mar 2028 · L Nagpal Developers
152 Samruddhi
possession by Dec 2029 · Aditya Samruddhi Enterprises

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.

Last checked against the RERA register: 27 Jul 2026