MahaRERA Property Intelligence · Mumbai City

AJMERA DOWNTOWN

P51900031924 · K H AJMERA CHOWK · promoter Ashjit Realties Pvt

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP51900031924
Registered on22 Nov 2021
Promoter-declared completion31 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, Ashjit Realties Pvt is the promoter of record on 126 projects, of which 12 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 ~47.7% of the estimated project cost incurred as of the last certificate (₹88.55 Cr spent against a ₹185.73 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 254 homes filed with MahaRERA, 60 are sold/booked (55 with registered agreements + 5 booked) and 194 remain available (~24% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹137.73 Cr in agreement value so far. Of that, ₹94.56 Cr (~69%) is already collected, ₹43.17 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 60 registered agreements, the effective carpet rate is ₹45,413/sqft (typical range ₹31,253–₹51,026) — 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+57 and 254 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
AJMERA DOWNTOWN1G+57254-

Unit mix on the filing: 252 residential and 2 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 K H AJMERA CHOWK, R S SAPRE MARG, Ward ABCD, Mumbai City, 400002. Per the filed land record, the plot is bounded to the north by C S NO 990 991, to the south by R S SAPRE MARG C S NO 997, to the east by C S NO 999 and to the west by C S NO 993 994 995. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~8206 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Nariman Point / Fort8205 km
Lower Parel / Worli business district8206 km
Chhatrapati Shivaji Int'l Airport8211 km
Bandra Kurla Complex (BKC)8211 km
Andheri MIDC / SEEPZ8212 km
Powai / Hiranandani business park8215 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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Major developers building in Bhuleshwar

Other RERA-registered projects in Mumbai City

Ajmera Midtown
declared completion Dec 2023 · Vaishnav Developers
Ajmera Serene
declared completion Dec 2024 · OM Shanti House
Akanksha
declared completion Dec 2024 · Rupji Constructions
Akanksha
declared completion Jun 2025 · Sugee Ten Developers LLP
Akash
declared completion Dec 2021 · Kay Bee Developers Pvt. Ltd.
Akshay
possession by Dec 2026 · Lalitambika Builders & Developers Pr

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