MahaRERA Property Intelligence · Mumbai Suburban

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P51800047194 · VIKHROLI · promoter Racek Industries Pvt

Certificate SignedDue 30 Jun 2027

Delivery & Registration

MahaRERA registrationP51800047194
Registered on11 Oct 2022
Promoter-declared completion30 Jun 2027
Current statusCertificate Signed
Against today11 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, Racek Industries Pvt is the promoter of record on 34 projects, of which 8 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 ~60.6% of the estimated project cost incurred as of the last certificate (₹47.75 Cr spent against a ₹78.75 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, 133 are sold/booked (132 with registered agreements + 1 booked) and 36 remain available (~79% sold) — selling steadily. Buyers have committed ₹192.51 Cr in agreement value so far. Of that, ₹151.82 Cr (~79%) is already collected, ₹40.68 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 133 registered agreements, the effective carpet rate is ₹22,880/sqft (typical range ₹20,206–₹24,361) — 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 101003426 sqft (39.59 sqm)₹1.61 Lakh
Floor 121203426 sqft (39.59 sqm)₹1.61 Lakh
Floor 131303426 sqft (39.59 sqm)₹1.61 Lakh
Floor 141403426 sqft (39.59 sqm)₹1.61 Lakh
Floor 151502679 sqft (63.04 sqm)₹1.61 Lakh
Floor 151503679 sqft (63.04 sqm)₹1.61 Lakh
Floor 171702679 sqft (63.04 sqm)₹1.61 Lakh
Floor 171703426 sqft (39.59 sqm)₹1.61 Lakh
Floor 171704427 sqft (39.67 sqm)₹1.61 Lakh
Floor 171704427 sqft (39.67 sqm)₹1.61 Lakh
Floor 171705579 sqft (53.75 sqm)₹1.61 Lakh
Floor 171705579 sqft (53.75 sqm)₹1.61 Lakh
Floor 181801679 sqft (63.04 sqm)₹1.61 Lakh
Floor 181802679 sqft (63.04 sqm)₹1.61 Lakh
Floor 181803426 sqft (39.59 sqm)₹1.61 Lakh
Floor 191901679 sqft (63.04 sqm)₹1.61 Lakh
Floor 202003486 sqft (45.18 sqm)₹1.61 Lakh
Floor 202003486 sqft (45.18 sqm)₹1.61 Lakh
Floor 202004427 sqft (39.67 sqm)₹1.61 Lakh
Floor 202004427 sqft (39.67 sqm)₹1.61 Lakh
Floor 202005579 sqft (53.75 sqm)₹1.61 Lakh
Floor 202005579 sqft (53.75 sqm)₹1.61 Lakh
Floor 4401679 sqft (63.04 sqm)₹1,607
Floor 4401679 sqft (63.04 sqm)₹1.61 Lakh
Floor 4402679 sqft (63.04 sqm)₹1.61 Lakh
Floor 4405579 sqft (53.75 sqm)₹1.61 Lakh
Floor 5505579 sqft (53.75 sqm)₹1.61 Lakh
Floor 6603426 sqft (39.59 sqm)₹1.61 Lakh
Floor 6605579 sqft (53.75 sqm)₹1.61 Lakh
Floor 7701679 sqft (63.04 sqm)₹1.61 Lakh
Floor 7705579 sqft (53.75 sqm)₹1.61 Lakh
Floor 8801679 sqft (63.04 sqm)₹1.61 Lakh
Floor 8801679 sqft (63.04 sqm)₹1.61 Lakh
Floor 8803426 sqft (39.59 sqm)₹1.61 Lakh
Floor 9904427 sqft (39.67 sqm)₹1.61 Lakh
Floor 9905579 sqft (53.75 sqm)₹1.61 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

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+20 and 169 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
GOLDEN OAK C wing1G+57-
ASHOKA A WING1G+2081-
BANYAN B WING1G+2081-

Unit mix on the filing: 162 residential and 7 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.

Complaint no.FiledPartiesStatus
CC1250093517/03/2025Renuka Kishor Daswani vs RACEK INDUSTRIES PVT LTDpending / no order on file
CC1250463626/12/2025Prakashchandra Harilal Shah vs RACEK INDUSTRIES PVT LTDpending / no order on file

Location, Land & Connectivity

Located at VIKHROLI, LBS ROAD, Mumbai City, Mumbai City, 400079. Per the filed land record, the plot is bounded to the north by CTS 5, to the south by CTS 2 GODREJ GROUP, to the east by LBS ROAD and to the west by CTS 2 GODREJ GROUP. 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
Powai / Hiranandani business park2 km
Andheri MIDC / SEEPZ6 km
Chhatrapati Shivaji Int'l Airport6 km
Bandra Kurla Complex (BKC)7 km
Lower Parel / Worli business district16 km
Nariman Point / Fort23 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 Vikhroli

Vasundhara
possession by Sep 2026 · Yogesh Shantilal Thakkar
THE X Ghatkopar
possession by Dec 2026 · Arihant Realtors
Manthan Acropolis
possession by Dec 2026 · Manthan Development Corporation
Omtech VKW Business Tower
possession by Mar 2027 · Omtech Enterprises
Metro Crown
possession by Dec 2027 · Metro Enterprises
Metro Crown Commercial
possession by Dec 2027 · Metro Enterprises

Major developers building in Vikhroli

Other RERA-registered projects in Mumbai Suburban

AIM Avenue
declared completion Sep 2024 · AIM Realtors Private Limited
AIM Garden
possession by Jul 2029 · AIM Developers
Aim Heritage
possession by Dec 2026 · M/s Aim Realtors Private Limited
Aim Horizon
possession by Dec 2028 · A.M Enterprises
AIM Paradise
possession by Dec 2026 · S.k. Enterprises
AIM Platinum
declared completion Dec 2025 · AIM Realtors 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