AV SMART CITY PHASE 1

Delivery and registration

When is the project declared for completion?

AV SMART CITY PHASE 1 is registered with MahaRERA as P99000050740 and the promoter has declared completion for 31 Dec 2027.

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for AV SMART CITY PHASE 1 record 11 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

• Filing progress reports — 11 quarterly progress reports on record since registration, with no current default.

Construction

How much construction cost has been reported?

In AV SMART CITY PHASE 1, ₹38.14 Cr of a declared ₹51.09 Cr estimated project cost is reported as incurred, about 74.7%, as at the last certified filing with MahaRERA.

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In AV SMART CITY PHASE 1, 252 of 290 homes filed with MahaRERA are recorded as sold or booked (183 with registered agreements and 69 booked), about 87%, and 38 remain available.

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹33.96 Cr (about 61%) is recorded as collected and ₹21.66 Cr as receivable. The project registers 417 homes in total, while this sold/unsold inventory filing covers 290 of them.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 252 registered agreements, the effective carpet rate is ₹6,144/sqft, with eight in ten falling between ₹5,144 and ₹7,793 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.

The inventory filing also declares: 127 owner/investor-held.

What the filings record, home by home

Read from MahaRERA on 19 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 178 homes carry one, and 112 of the 417 are recorded unsold. Since we started watching this ledger, 2 homes have moved out of the unsold list, most recently on 11 September 2026.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.

In AV SMART CITY PHASE 1, 82 of the 112 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 111 homes — ₹2,999 →

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+6 and 417 homes are registered across the project.

Unit mix on the filing: 362 residential and 55 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Legal & Litigation

The promoter has declared 2 court cases on this project to MahaRERA. 1 is still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your home. This is declared by the promoter; there may be further cases not on the RERA record.

Location, Land & Connectivity

Located at MAHIM, DEVISHAHAY ROAD, Vasai, Palghar, 401404. Per the filed land record, the plot is bounded to the north by Open Plot, to the south by Road, to the east by Open Plot and to the west by Open Plot. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~62 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

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.