MahaRERA Property Intelligence · Mumbai City

AVENUE 18

PR1170002501596 · Dadar Naigaon Division · promoter Shree Divyakirti Constructions

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationPR1170002501596
Registered on27 Nov 2025
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 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 ~18.6% of the estimated project cost incurred as of the last certificate (₹8.76 Cr spent against a ₹47.17 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 25 homes filed with MahaRERA, 0 are sold/booked and 25 remain available (~0% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Note: the project registers 50 homes in total, but this sold/unsold inventory filing covers only 25 of them — the other 25 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.

The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:

FloorUnitCarpetReckoner value
Floor 101001441 sqft (40.94 sqm)₹90.51 Lakh
Floor 101002441 sqft (40.94 sqm)₹90.51 Lakh
Floor 101003441 sqft (40.94 sqm)₹90.51 Lakh
Floor 101004437 sqft (40.59 sqm)₹89.74 Lakh
Floor 111101441 sqft (40.94 sqm)₹90.51 Lakh
Floor 111102441 sqft (40.94 sqm)₹90.51 Lakh
Floor 111103441 sqft (40.94 sqm)₹90.51 Lakh
Floor 111104437 sqft (40.59 sqm)₹89.74 Lakh
Floor 121201441 sqft (40.94 sqm)₹90.51 Lakh
Floor 121202441 sqft (40.94 sqm)₹90.51 Lakh
Floor 121203441 sqft (40.94 sqm)₹90.51 Lakh
Floor 121204437 sqft (40.59 sqm)₹89.74 Lakh
Floor 131301441 sqft (40.94 sqm)₹90.51 Lakh
Floor 131302441 sqft (40.94 sqm)₹90.51 Lakh
Floor 131303441 sqft (40.94 sqm)₹90.51 Lakh
Floor 131304437 sqft (40.59 sqm)₹89.74 Lakh
Floor 141401441 sqft (40.94 sqm)₹90.51 Lakh
Floor 141402441 sqft (40.94 sqm)₹90.51 Lakh
Floor 141403437 sqft (40.59 sqm)₹89.74 Lakh
Floor 151501479 sqft (44.53 sqm)₹98.45 Lakh
Floor 151502441 sqft (40.94 sqm)₹90.51 Lakh
Floor 151503441 sqft (40.94 sqm)₹90.51 Lakh
Floor 151504437 sqft (40.59 sqm)₹89.74 Lakh
Floor 161601441 sqft (40.94 sqm)₹90.51 Lakh
Floor 161602614 sqft (57 sqm)₹1.26 Cr

⚠ The inventory filing also declares: 2 reserved. 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+17 and 50 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
AVENUE 181G+1750-

Unit mix on the filing: 42 residential and 8 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 Dadar Naigaon Division, Jotiba Phule Road, CTSO Malad, Mumbai Suburban, 400012. Per the filed land record, the plot is bounded to the north by BDD Chawal, to the south by Keni Building, to the east by Dahivalkar Buwa Marg and to the west by Mumbai Kamgar Madhyvarti Grahak Sanstha (Apna Bazar). Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Lower Parel / Worli business district2 km
Bandra Kurla Complex (BKC)7 km
Nariman Point / Fort9 km
Chhatrapati Shivaji Int'l Airport9 km
Powai / Hiranandani business park14 km
Andheri MIDC / SEEPZ14 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 Parel

Valencia
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K RAS Residency
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Kinjal Pride
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Bhivawani Chawl
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Bhoiwada Chandra Bhuvan CHS Ltd
possession by Dec 2026 · Avadhoot Techno Consultant And Engineers

Major developers building in Parel

Other RERA-registered projects in Mumbai City

Avhad Oasis
possession by Dec 2027 · Hrub Builders LLP
Avighna IX - Building No. 4
declared completion Dec 2022 · Nish Developers Private Limited
Avisha
declared completion Dec 2020 · Nandivardhan Realtors Limited
Avissa
possession by Dec 2029 · Sealink Realtors
Avyukta Imperial
possession by Sep 2028 · Roopventures LLP
Ayesha Residency
possession by Dec 2030 · Not Available

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