MahaRERA Property Intelligence · Mumbai City

ARIHANT TOWERS - BY MJ SHAH

P51900006005 · LOWER PAREL · promoter Zeus Housing Company

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP51900006005
Registered on14 Aug 2017
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, Zeus Housing Company is the promoter of record on 2 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.

Construction Progress

MahaRERA's cost filing puts construction at ~53.3% of the estimated project cost incurred as of the last certificate (₹80.42 Cr spent against a ₹151.00 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 65 homes filed with MahaRERA, 15 are sold/booked (10 with registered agreements + 5 booked) and 50 remain available (~23% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹26.44 Cr in agreement value so far. Of that, ₹8.58 Cr (~32%) is already collected, ₹17.87 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 15 registered agreements, the effective carpet rate is ₹19,803/sqft (typical range ₹16,264–₹28,736) — 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 65 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
ARIHANT TOWERS1G+3465-

Unit mix on the filing: 65 residential.

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 2 times. 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 202431 Dec 2024The Project got delayed due to amid Covid 19 Pandemic situation which affected the entire world badly.
30 Dec 202131 Dec 20271. Delay in getting Statutory Approvals from various authority: This is an MHADA redevelopment project, wherein we are constructing the Sale Building and Rehab building for old ten

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 BMC SCHOOL, to the south by C S NO 89, to the east by RAILWAY BOUNDARY and to the west by N M JOSHI 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 ~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
Adi Darsshan
possession by Dec 2026 · Adi Realtors
Aetheria Tower
possession by Dec 2026 · P R Enterprises
Ison Height
possession by Dec 2026 · Hatdia Builders PVT LTD

Major developers building in Lower Parel

Other RERA-registered projects in Mumbai City

Ark Blue Waves
declared completion Jun 2025 · Sneha Realty Private Limited
Arkade Rise
declared completion Dec 2021 · Arkade Paradigm
ART Guild House
declared completion Mar 2018 · Offbeat Developers Private Limited
Artesia - Residential Wing Constructed ON Part OF THE Project Land
declared completion Dec 2023 · K Raheja Private Limited
Aryam
possession by Dec 2027 · Myra Infrastructure
Aryan View
declared completion Jun 2026 · Aryan Associate

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