MahaRERA Property Intelligence · Mumbai City

47 RACE COURSE

P51900005352 · promoter Akshay Sthapatya Pvt

Certificate SignedDue 30 Dec 2027

Delivery & Registration

MahaRERA registrationP51900005352
Registered on11 Aug 2017
Promoter-declared completion30 Dec 2027
Current statusCertificate Signed
Against today17 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, Akshay Sthapatya Pvt is the promoter of record on 14 projects, of which 3 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.

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+14.

BuildingWingsFloorsDeclared completion
47 RACE COURSE1G+14-

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
CC00600000000191115/11/2017Tarang Jain vs Akshay Sthapatya Private Limitedorder passed

Legal & Litigation

The promoter has declared 4 court cases on this project to MahaRERA. 2 are still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
City Civil Court10192014Pending
High Court Mumbai11772016Not Yet Admitted
High Court Mumbai2062017Not Yet Admitted
High Court Mumbai22352017Pending

Location, Land & Connectivity

Located at Ward ABCD, Mumbai City, 400018. Per the filed land record, the plot is bounded to the north by NALLAH, to the south by MAHALAXMI RACE COURSE, to the east by NEHRU SCIENCE CENTRE and to the west by NALLAH. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~1 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Lower Parel / Worli business district1 km
Nariman Point / Fort8 km
Bandra Kurla Complex (BKC)9 km
Chhatrapati Shivaji Int'l Airport11 km
Andheri MIDC / SEEPZ16 km
Powai / Hiranandani business park16 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 Worli

DB Turf View
Deregistered by MahaRERA · possession by Dec 2026 · Turf Estate JV
THE Xclusiv
Not filing quarterly progress reports · possession by Dec 2026 · Om Omega Shelters
THE Legacy
possession by Mar 2027 · Sachiv Surinder Sahni
Naman Xana
possession by Aug 2027 · Shree Naman Residency Pvt. Ltd.
Nishuvi Rehab Phase
Deregistered by MahaRERA · possession by Dec 2027 · Nishuvi Corporation
SEA Face House, Worli
possession by Mar 2028 · Paroha Reality LLP

Major developers building in Worli

Other RERA-registered projects in Mumbai City

52 Avenue
declared completion Dec 2024 · Heks Realty
6 Crystal
declared completion Dec 2025 · Crystalstar Housing Developers Private L
7 Hughes
declared completion Dec 2024 · Rohan Developers Private Limited
7 Mahalaxmi - Tower 1
possession by Oct 2031 · Runwal Real Estates Private Limited
7 Mahalaxmi - Tower 2
possession by Oct 2031 · Runwal Real Estates Private Limited
7 Mahalaxmi - Tower 3
possession by Sep 2034 · Runwal Real Estates Private Limited

What to verify (inactive registration)

  1. Download the MahaRERA order stating the reason for deregistration or suspension — this is public on the portal.
  2. Check whether the developer has filed a challenge in the Appellate Tribunal and whether the order is stayed.
  3. Do not make any further payments until the registration status is restored or you obtain legal advice.
  4. Contact MahaRERA's helpdesk for guidance on alternative arrangements or pending dues.

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