MahaRERA Property Intelligence · Mumbai Suburban

AIRICA TOWER 1

P51800055125 · Bhandup West · promoter Jai Hind Oil

Certificate SignedDue 31 Dec 2029

Delivery & Registration

MahaRERA registrationP51800055125
Registered on04 Mar 2024
Promoter-declared completion31 Dec 2029
Current statusCertificate Signed
Against today41 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, Jai Hind Oil is the promoter of record on 9 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.

Sales & Inventory

Of 274 homes filed with MahaRERA, 187 are sold/booked (167 with registered agreements + 20 booked) and 87 remain available (~68% sold) — selling steadily. Buyers have committed ₹298.07 Cr in agreement value so far. Of that, ₹113.78 Cr (~38%) is already collected, ₹184.29 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 187 registered agreements, the effective carpet rate is ₹24,374/sqft (typical range ₹21,453–₹27,043) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+34 and 274 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
TOWER 11G+34274-

Unit mix on the filing: 259 residential and 15 non-residential (shops/offices).

Complaints & Orders

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

Complaint no.FiledPartiesStatus
CC00600000057082019/06/2024Vaibhav Subhash Pawar vs M/s. Jaihind oilmills company through its partnersorder passed
CC1250246518/07/2025Naresh Jaidev Lalwani vs JAI HIND OIL MILLS COMPANYorder passed
CC1250452818/12/2025PRACHI PRADEEP BHASME vs JAI HIND OIL MILLS COMPANYpending / no order on file
CC1260211610/04/2026Rupesh Rameshchandra Agrahari vs JAI HIND OIL MILLS COMPANYpending / no order on file

Legal & Litigation

The promoter has declared 5 court cases on this project to MahaRERA. 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
Small Causes Court Mumbai682023Ongoing
Bombay High Court40422023Ongoing
Bombay High Court348042023Ongoing
Bombay High Court68962023Ongoing
Small Causes Court682023Ongoing

Location, Land & Connectivity

Located at Bhandup West, LBS Marg Bhandup West, Kurla, Mumbai Suburban, 400078. Per the filed land record, the plot is bounded to the north by LBS Marg, to the south by Club House, to the east by 13 Meter Wide Road and to the west by LBS Marg. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~4 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Powai / Hiranandani business park4 km
Andheri MIDC / SEEPZ6 km
Chhatrapati Shivaji Int'l Airport9 km
Bandra Kurla Complex (BKC)10 km
Lower Parel / Worli business district19 km
Nariman Point / Fort26 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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Builder track record

JAI Hind OIL Mills Company is the promoter on 3 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by JAI Hind OIL Mills Company

JAI Hind OIL Mills Company
FlaggedMumbai Suburban
JAI Hind OIL Mills Company
FlaggedMumbai Suburban

Other RERA-registered projects in Bhandup West

Shraddha Evoque
possession by Aug 2026 · Shraddha Landmark Private Limited
Primo
possession by Sep 2026 · Ceear Land Developers LLP
Aureate
possession by Dec 2026 · Beauty Ganraj Construction LLP
Fairmont
possession by Dec 2026 · Trident Ozone LLP
Neptune Eleve Wing A
Developer in insolvency (NCLT) · possession by Dec 2026 · Neptune Ventures AND Developers Private
Neptune Eleve Wing B
Developer in insolvency (NCLT) · possession by Dec 2026 · Neptune Ventures AND Developers Private

Major developers building in Bhandup West

Other RERA-registered projects in Mumbai Suburban

Airica Tower 2
possession by Jun 2030 · JAI Hind OIL Mills Company
Airica Tower 4
possession by Dec 2029 · JAI Hind OIL Mills Company
Aishwarya Height
declared completion Dec 2019 · Aishwarya Light Construction Company
Aishwarya Height
declared completion Oct 2022 · Shree Samruddhi Developers
Aishwarya Optima
possession by Apr 2027 · Aishwarya Associates LLP
Aishwarya Redevelopment Project
declared completion Jul 2018 · BHS Housing 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