24 Karat

Delivery & Registration

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.

• Filing progress reports — 11 quarterly progress reports on record since registration, with no current default.

Builder Track Record

Across MahaRERA, Paper Mill Plant is the promoter of record on 4 projects, of which none currently 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 ~58.8% of the estimated project cost incurred as of the last certificate (₹53.28 Cr spent against a ₹90.53 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 169 homes filed with MahaRERA, 131 are sold/booked (99 with registered agreements + 32 booked) and 38 remain available (~78% sold) — selling steadily. Buyers have committed ₹151.27 Cr in agreement value so far. Of that, ₹45.40 Cr (~30%) is already collected, ₹105.87 Cr receivable — a read on how far along these sales really are. Note: the project registers 200 homes in total, but this sold/unsold inventory filing covers only 169 of them — the other 31 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 131 registered agreements, the effective carpet rate is ₹20,420/sqft (typical range ₹17,798–₹22,365) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:

⚠ The inventory filing also declares: 31 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 200 homes are registered across the project.

Unit mix on the filing: 190 residential and 10 non-residential (shops/offices).

Complaints & Orders

2 complaints are on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Location, Land & Connectivity

Located at Jogeshwari West, S V Road, Borivali, Mumbai Suburban, 400102. Per the filed land record, the plot is bounded to the north by CTS No - 219 A, to the south by CTS No - 217 A, to the east by CTS No - 216 A 1 and to the west by 218 B. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

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.

Other RERA-registered projects in Jogeshwari West

Major developers building in Jogeshwari West

Other RERA-registered projects in Mumbai Suburban

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.