MahaRERA Property Intelligence · Mumbai Suburban

AURUM BUSINESS SQUARE

P51800079057 · MALAD · promoter Laxmi Lifespaces

Certificate SignedDue 01 Aug 2028

Delivery & Registration

MahaRERA registrationP51800079057
Registered on03 Feb 2025
Promoter-declared completion01 Aug 2028
Current statusCertificate Signed
Against today25 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.

Sales & Inventory

Of 78 homes filed with MahaRERA, 9 are sold/booked and 69 remain available (~12% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹7.24 Cr in agreement value so far. Of that, ₹2.04 Cr (~28%) is already collected, ₹5.20 Cr receivable — a read on how far along these sales really are. Note: the project registers 116 homes in total, but this sold/unsold inventory filing covers only 78 of them — the other 38 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 9 registered agreements, the effective carpet rate is ₹24,946/sqft (typical range ₹18,003–₹53,846) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 29 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+2 and 116 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
AURUM BUSINESS SQARE1G+2116-

Unit mix on the filing: 116 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 MALAD , CHINCHOLI , Borivali, Mumbai Suburban, 400064. Per the filed land record, the plot is bounded to the north by 13 mtr bmc road, to the south by st mary school, to the east by ambupati chsl and to the west by govind bhavan. 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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Major developers building in Malad West

Other RERA-registered projects in Mumbai Suburban

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Aurus
declared completion Mar 2024 · Kingstay Real Estate Private Limited
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Austin Heights
possession by Oct 2029 · SAI Kaushal Buildcon
Autograph Residency
possession by Dec 2030 · Multistar Builders LLP
AVA Maple
possession by Dec 2028 · AVA Lifespaces 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