MahaRERA Property Intelligence · Mumbai City

BKC EDGE

P51900013846 · Dharavi · promoter Labdhi Bliss Private

Certificate SignedDue 31 Dec 2029

Delivery & Registration

MahaRERA registrationP51900013846
Registered on27 Oct 2017
Promoter-declared completion31 Dec 2029
Current statusCertificate Signed
Against today41 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, Labdhi Bliss Private is the promoter of record on 16 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 ~6.5% of the estimated project cost incurred as of the last certificate (₹16.72 Cr spent against a ₹258.57 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 214 homes filed with MahaRERA, 89 are sold/booked (27 with registered agreements + 62 booked) and 125 remain available (~42% sold) — selling steadily. Buyers have committed ₹134.44 Cr in agreement value so far. Of that, ₹28.47 Cr (~21%) is already collected, ₹105.98 Cr receivable — a read on how far along these sales really are. Note: the project registers 241 homes in total, but this sold/unsold inventory filing covers only 214 of them — the other 27 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 89 registered agreements, the effective carpet rate is ₹22,079/sqft (typical range ₹8,668–₹41,114) — 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: 27 owner/investor-held. 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+20 and 241 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Sale Building No 21G+20241-

Unit mix on the filing: 241 non-residential (shops/offices).

Complaints & Orders

2 complaints are on the MahaRERA record for this project, with orders passed in 2. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000005607224/10/2018Rekha Kunal Chheda vs Rajesh Unispaces Pvt Ltdorder passed
CC1260005104/01/2026MOHAMMAD NIZAMUDDIN SHAIKH vs savita patole labdhi blissorder passed

Legal & Litigation

The promoter has declared 10 court cases on this project to MahaRERA. 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 flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Bombay High Court26192015Closed
Bombay High Court22742017Ongoing
Bombay High Court22752017Ongoing
Bombay High Court22762017Ongoing
Grivance Redressal Committee Mumbai City32/20192019Closed
Grivance Redressal Committee Mumbai City33/20192019Closed
Grivance Redressal Committee Mumbai City34/20192019Closed
Grivance Redressal Committee Mumbai City35/20192019Closed
Grivance Redressal Committee Mumbai City36/20192019Closed
Bombay High Court2212020Closed

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. 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
30 Mar 202431 Dec 2029Initially, a Development Agreement was executed on 11th February 2011 between Rehab society and Sandeep Estate Development Private Limited. Subsequently, a Joint Development Agreem

Location, Land & Connectivity

Located at Dharavi, Dharavi, Ward GSouth, Mumbai City, 400017. Per the filed land record, the plot is bounded to the north by 72, to the south by 72, to the east by 19 and to the west by 19. 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
Bandra Kurla Complex (BKC)2 km
Chhatrapati Shivaji Int'l Airport5 km
Lower Parel / Worli business district6 km
Andheri MIDC / SEEPZ9 km
Powai / Hiranandani business park9 km
Nariman Point / Fort14 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 Dharavi

F.w.tower
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Bawa Aashiyaan Phase-II
possession by Dec 2027 · KAY BEE Developers Pvt. Ltd.
CRD Aura
possession by Dec 2027 · CRD Blue Ocean LLP
Nalanda
possession by Dec 2027 · Mahalaxmi Builders & Contractors
Bawa Aashiyaan Phase 1
possession by Jun 2028 · KAY BEE Developers Pvt. Ltd.
Prince Tower
declared completion Jun 2025 · Punith Buildtech Private Limited

Other RERA-registered projects in Mumbai City

Bliss
declared completion Dec 2017 · Neetnav Construction Private Limited
Bliss
possession by Dec 2026 · M/s. Euphrosyne Infrastructure Pvt. Ltd
Blue Ocean
possession by May 2027 · Quba Developers LLP
Bombay Dyeing Mill
declared completion Dec 2023 · Mhada
Bombay XI
declared completion Dec 2023 · Tattva & Mittal Lifespaces Pvt Ltd
Borivali Pushpa Chsl
declared completion Jul 2022 · Krutishil Developers

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