MahaRERA Property Intelligence · Mumbai Suburban

Bhagat Grandeur

P51800009520 · Borivali · promoter Chirag Agro Fins

Certificate SignedDue 29 Dec 2026

Delivery & Registration

MahaRERA registrationP51800009520
Registered on22 Aug 2017
Promoter-declared completion29 Dec 2026
Current statusCertificate Signed
Against today5 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, Chirag Agro Fins is the promoter of record on 21 projects, of which 3 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 ~131.6% of the estimated project cost incurred as of the last certificate (₹74.60 Cr spent against a ₹56.67 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 90 homes filed with MahaRERA, 83 are sold/booked (81 with registered agreements + 2 booked) and 7 remain available (~92% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹164.49 Cr in agreement value so far. Of that, ₹161.80 Cr (~98%) is already collected, ₹2.70 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 83 registered agreements, the effective carpet rate is ₹20,047/sqft (typical range ₹15,060–₹24,909) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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 17A-17011,078 sqft (100.19 sqm)₹1.51 Cr
Floor 17A-1702771 sqft (71.67 sqm)₹1.08 Cr
Floor 17B-1701773 sqft (71.84 sqm)₹1.08 Cr
Floor 17B-1702773 sqft (71.83 sqm)₹1.08 Cr
Floor 17C-1701/18011,543 sqft (143.35 sqm)₹2.16 Cr
Floor 18A-18011,078 sqft (100.19 sqm)₹1.51 Cr
Floor 18A-1802771 sqft (71.67 sqm)₹1.08 Cr

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+23 and 90 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Bhagat Grandeur1G+2390-

Unit mix on the filing: 90 residential.

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000040825927/11/2023BHAGAT GRANDEUR-1 CHSL (society) vs CHIRAG AGROFINS PVT LTDorder passed

A co-operative housing society is the complainant here (BHAGAT GRANDEUR-1 CHSL) and MahaRERA has already passed an order. On a redevelopment, that is the LANDOWNER society in dispute with its developer — a different order of risk from a single buyer's grievance, because it can touch the development rights, the society's consent, and ultimately the title to your flat. Have your lawyer read this order and the development agreement together before you commit.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 5 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
29 Dec 202630 Jun 20221. There was temporary negative cash flow due to buyers not paying dues on time and poor market conditions for sale. 2. Other reasons like shortage of labour, disruptions due to i
29 Dec 202630 Dec 20231. There was temporary negative cash flow due to buyers not paying dues on time and poor market conditions for sale. 2. Other reasons like shortage of labour, disruptions due to i
29 Dec 202631 Dec 2020Due to the effect of notified DCPR, 2034, there is proposed amendment regarding mandatory reservation of ' police station/ Bit Chawki on the plot under the layout of project land,
29 Dec 202631 Dec 2020We have obtained Part Occupation Certificate upto 17th Floor, which has already been uploaded on the webpage of our said Project on official website of MahaRERA. The Occupation Cer
29 Dec 202629 Dec 2026The project is already completed and received OC for 1st to 16th floor. But OC is not given for 17th and 18th floor and getting delayed due to technical reason i.e. MCGM objection

Location, Land & Connectivity

Located at Borivali, Borivali, Andheri, Mumbai Suburban, 400064. Per the filed land record, the plot is bounded to the north by CTS 243B, to the south by CTS 269 A 248, to the east by CTS 243B and to the west by 36 Meter wide Link Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~7 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Andheri MIDC / SEEPZ7 km
Powai / Hiranandani business park10 km
Chhatrapati Shivaji Int'l Airport11 km
Bandra Kurla Complex (BKC)14 km
Lower Parel / Worli business district21 km
Nariman Point / Fort29 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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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