MahaRERA Property Intelligence · Mumbai City

Adi Darsshan

P51900047289 · Lower Parel · promoter Adi Realtors

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP51900047289
Registered on17 Oct 2022
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 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.

Construction Progress

MahaRERA's cost filing puts construction at ~63.4% of the estimated project cost incurred as of the last certificate (₹23.81 Cr spent against a ₹37.54 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 82 homes filed with MahaRERA, 73 are sold/booked (70 with registered agreements + 3 booked) and 9 remain available (~89% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹80.08 Cr in agreement value so far. Of that, ₹62.48 Cr (~78%) is already collected, ₹17.61 Cr receivable — a read on how far along these sales really are. Note: the project registers 92 homes in total, but this sold/unsold inventory filing covers only 82 of them — the other 10 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 73 registered agreements, the effective carpet rate is ₹27,907/sqft (typical range ₹25,750–₹29,285) — 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:

FloorUnitCarpetReckoner value
Floor 101004396 sqft (36.8 sqm)₹1.01 Cr
Floor 121202396 sqft (36.8 sqm)₹1.10 Cr
Floor 121203414 sqft (38.45 sqm)₹1.16 Cr
Floor 151501396 sqft (36.8 sqm)₹1.11 Cr
Floor 151502396 sqft (36.8 sqm)₹1.11 Cr
Floor 191901396 sqft (36.8 sqm)₹1.11 Cr
Floor 2204396 sqft (36.8 sqm)₹96.50 Lakh
Floor 212101396 sqft (36.8 sqm)₹1.11 Cr
Floor 7704396 sqft (36.8 sqm)₹1.06 Cr

⚠ The inventory filing also declares: 5 owner/investor-held. 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+18 and 92 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Adi Darsshan1G+189231 Dec 2026

Unit mix on the filing: 87 residential and 5 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at Lower Parel, N M Joshi Marg, Mumbai City, Mumbai City, 400013. Per the filed land record, the plot is bounded to the north by Bhalchandra and Co, to the south by Western Railway, to the east by Property of Golwala and to the west by Delisle Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~0 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Lower Parel / Worli business district0 km
Nariman Point / Fort8 km
Bandra Kurla Complex (BKC)9 km
Chhatrapati Shivaji Int'l Airport11 km
Andheri MIDC / SEEPZ15 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 Lower Parel

Lodha Signet Lower Parel Wing B
possession by Aug 2026 · Lodha Developers Limited
Akshay
possession by Dec 2026 · Lalitambika Builders & Developers Pr
Sarvesh ONE
possession by Dec 2026 · Sarvesh Urban Developers Private Limited
Aetheria Tower
possession by Dec 2026 · P R Enterprises
Ison Height
possession by Dec 2026 · Hatdia Builders PVT LTD
Siddharth Enclave
possession by Dec 2026 · Siddharth Developers

Major developers building in Lower Parel

Other RERA-registered projects in Mumbai City

Aditya Highrise Project
declared completion Dec 2021 · Anil Ramrao Naik
Adityaraj Midtown
possession by Jun 2028 · Kent Corporation
Adobe Heights
declared completion Dec 2021 · Siddhi Enclave
Aetheria Tower
possession by Dec 2026 · P R Enterprises
Agastya Corporate Park-Wing A
declared completion Dec 2017 · PRL Agastya Private Limited
Agastya Corporate Park -Wing B
declared completion Dec 2017 · PRL Agastya Private Limited

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