MahaRERA Property Intelligence · Mumbai Suburban

Arkade Nest

P51800050953 · Mulund West · promoter Arkade Developers Pvt

Certificate SignedDue 30 Jun 2027

Delivery & Registration

MahaRERA registrationP51800050953
Registered on15 May 2023
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, Arkade Developers Pvt is the promoter of record on 30 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 ~47.9% of the estimated project cost incurred as of the last certificate (₹111.66 Cr spent against a ₹233.01 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. With only ~11 months to the declared date and ~47.9% of the cost incurred, ask the promoter how the balance gets built in the time left.

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 351 homes filed with MahaRERA, 235 are sold/booked (169 with registered agreements + 66 booked) and 116 remain available (~67% sold) — selling steadily. Buyers have committed ₹399.47 Cr in agreement value so far. Of that, ₹237.18 Cr (~59%) is already collected, ₹162.29 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 235 registered agreements, the effective carpet rate is ₹23,268/sqft (typical range ₹21,693–₹25,224) — 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+17 and 351 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Wing A1G+851-
Wing B1G+851-
Wing C1G+868-
Wing D1G+866-
Wing E1G+1766-
Wing F1G+1749-

Unit mix on the filing: 351 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.

Location, Land & Connectivity

Located at Mulund West, Asha Nagar Park Road, Borivali, Mumbai Suburban, 400080. Per the filed land record, the plot is bounded to the north by Sai Krupa Building and Ground plus 1 structure, to the south by 18 m wide DP Road, to the east by 13 m wide DP Road and to the west by CTS No 709A. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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 Mulund West

Kailash Residency
possession by Aug 2026 · Tridev Shreeji Associates
Ananta
possession by Aug 2026 · K Ajmera Developers
AAI Satidevi Paradise
possession by Sep 2026 · Shreenath Developers
Laizer Elegance
Not filing quarterly progress reports · possession by Sep 2026 · Laizer Builders & Developers
THE NEW Anand Deep CHS LTD
possession by Sep 2026 · Shreejee Buildcon
Tirupati Apartments Chsl
possession by Oct 2026 · Tirupati Aparmtnets CO Operative Housing

Major developers building in Mulund West

Other RERA-registered projects in Mumbai Suburban

Arkade Pearl 1
possession by Dec 2026 · Arkade Developers Limited
Arkade Pearl 2
possession by Dec 2026 · Arkade Developers Limited
Arkade Pearl 3
possession by Dec 2026 · Arkade Developers Limited
Arkade Pearl 4
possession by Jun 2027 · Arkade Developers Ltd
Arkade Prime
declared completion Dec 2025 · M/s. Arkade Developers Pvt Ltd.
Arkade Rare
possession by Dec 2028 · Arkade Developers 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