MahaRERA Property Intelligence · Mumbai Suburban

Aquarose

P51800078551 · Malvani · promoter Aquarock Buildcon Private

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP51800078551
Registered on27 Dec 2024
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.

Construction Progress

MahaRERA's cost filing puts construction at ~23.5% of the estimated project cost incurred as of the last certificate (₹9.08 Cr spent against a ₹38.71 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 86 homes filed with MahaRERA, 44 are sold/booked and 42 remain available (~51% sold) — selling steadily. Buyers have committed ₹35.67 Cr in agreement value so far. Of that, ₹20.52 Cr (~58%) is already collected, ₹15.15 Cr receivable — a read on how far along these sales really are. Note: the project registers 169 homes in total, but this sold/unsold inventory filing covers only 86 of them — the other 83 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 44 registered agreements, the effective carpet rate is ₹14,490/sqft (typical range ₹12,843–₹21,788) — 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+16 and 169 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A Wing1G+1687-
B Wing1G+1582-

Unit mix on the filing: 131 residential and 38 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.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.

From (declared)To (revised)Stated reason
31 Dec 202631 Dec 2027The current facts of the case are being explained hereunder. The main reason for the delay is pace of sales being lower than expected and thereby affecting the cash flow of the pro

Location, Land & Connectivity

Located at Malvani, Marve Road , Borivali, Mumbai Suburban, 400095. Per the filed land record, the plot is bounded to the north by 18 30 Wide Malad Marve DP Road, to the south by CTS no 2840 PG and RG, to the east by CTS No 2841 and to the west by 13 40 MTRS wide DP 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 ~11 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Andheri MIDC / SEEPZ11 km
Powai / Hiranandani business park14 km
Chhatrapati Shivaji Int'l Airport16 km
Bandra Kurla Complex (BKC)18 km
Lower Parel / Worli business district26 km
Nariman Point / Fort34 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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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