MahaRERA Property Intelligence · Mumbai Suburban

Borana Business Centre

PM1180002500897 · Mulund · promoter Mithalal Borana Family

Certificate SignedDue 31 May 2028

Delivery & Registration

MahaRERA registrationPM1180002500897
Registered on22 Sep 2025
Promoter-declared completion31 May 2028
Current statusCertificate Signed
Against today22 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, Mithalal Borana Family is the promoter of record on 2 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 ~17.4% of the estimated project cost incurred as of the last certificate (₹9.77 Cr spent against a ₹56.00 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 31 homes filed with MahaRERA, 1 are sold/booked and 30 remain available (~3% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹95.00 Lakh in agreement value so far. Of that, ₹41.00 Lakh (~43%) is already collected, ₹54.00 Lakh receivable — a read on how far along these sales really are. Note: the project registers 128 homes in total, but this sold/unsold inventory filing covers only 31 of them — the other 97 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 17Sale Office 1701380 sqft (35.32 sqm)₹64.44 Lakh
Floor 17Sale Office 1702375 sqft (34.88 sqm)₹63.64 Lakh
Floor 17Sale Office 1703374 sqft (34.74 sqm)₹63.38 Lakh
Floor 17Sale Office 1704343 sqft (31.9 sqm)₹58.20 Lakh
Floor 17Sale Office 1705343 sqft (31.9 sqm)₹58.20 Lakh
Floor 17Sale Office 1706343 sqft (31.9 sqm)₹58.20 Lakh
Floor 17Sale Office 1707343 sqft (31.9 sqm)₹58.20 Lakh
Floor 17Sale Office 1708341 sqft (31.68 sqm)₹57.80 Lakh
Floor 17Sale Office 1710457 sqft (42.43 sqm)₹77.41 Lakh
Floor 17Sale Office 1711466 sqft (43.26 sqm)₹78.92 Lakh
Floor 18Sale Office 1801380 sqft (35.32 sqm)₹64.44 Lakh
Floor 18Sale Office 1802375 sqft (34.88 sqm)₹63.64 Lakh
Floor 18Sale Office 1803374 sqft (34.74 sqm)₹63.38 Lakh
Floor 18Sale Office 1804343 sqft (31.9 sqm)₹58.20 Lakh
Floor 18Sale Office 1805343 sqft (31.9 sqm)₹58.20 Lakh
Floor 18Sale Office 1806343 sqft (31.9 sqm)₹58.20 Lakh
Floor 18Sale Office 1807343 sqft (31.9 sqm)₹58.20 Lakh
Floor 18Sale Office 1808341 sqft (31.68 sqm)₹57.80 Lakh
Floor 18Sale Office 1809530 sqft (49.27 sqm)₹89.89 Lakh
Floor 18Sale Office 1810457 sqft (42.43 sqm)₹77.41 Lakh
Floor 18Sale Office 1811466 sqft (43.26 sqm)₹78.92 Lakh
Floor 19Sale Office 1901374 sqft (34.74 sqm)₹63.40 Lakh
Floor 19Sale Office 1902343 sqft (31.9 sqm)₹58.20 Lakh
Floor 19Sale Office 1903343 sqft (31.9 sqm)₹58.20 Lakh
Floor 19Sale Office 1904343 sqft (31.9 sqm)₹58.20 Lakh
Floor 19Sale Office 1905343 sqft (31.9 sqm)₹58.20 Lakh
Floor 19Sale Office 1906341 sqft (31.68 sqm)₹57.80 Lakh
Floor 19Sale Office 1907530 sqft (49.27 sqm)₹89.89 Lakh
Floor 19Sale Office 1908457 sqft (42.43 sqm)₹77.41 Lakh
Floor 19Sale Office 1909466 sqft (43.26 sqm)₹78.92 Lakh

⚠ The inventory filing also declares: 35 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+20 and 128 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Borana Business Centre1G+20128-

Unit mix on the filing: 35 residential and 93 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.

Legal & Litigation

The promoter has declared 1 court case 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
Court Room No. 11 ( Small Cause Court) Hon'Ble Shri. A.J. FataleRAD/1264 of 20232023Ongoing

Location, Land & Connectivity

Located at Mulund, N.S. Road, Kurla, Mumbai Suburban, 400080. Per the filed land record, the plot is bounded to the north by 18.3 mtr Wide N.S Road , to the south by Existing Shanti Bhuvan Building , to the east by 18.3 mtr Wide JSD Road Railway Station and to the west by 13.4 mtr Dr Rajendra Prasad 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 ~8 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Powai / Hiranandani business park8 km
Andheri MIDC / SEEPZ10 km
Chhatrapati Shivaji Int'l Airport13 km
Bandra Kurla Complex (BKC)15 km
Lower Parel / Worli business district24 km
Nariman Point / Fort31 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 Mulund West

Kailash Residency
possession by Aug 2026 · Tridev Shreeji Associates
Ananta
possession by Aug 2026 · K Ajmera Developers
AAI Satidevi Paradise
possession by Sep 2026 · Shreenath Developers
Laizer Elegance
Not filing quarterly progress reports · possession by Sep 2026 · Laizer Builders & Developers
THE NEW Anand Deep CHS LTD
possession by Sep 2026 · Shreejee Buildcon
Tirupati Apartments Chsl
possession by Oct 2026 · Tirupati Aparmtnets CO Operative Housing

Major developers building in Mulund West

Other RERA-registered projects in Mumbai Suburban

Borivali Dipti Co-Op Hsg Ltd
declared completion Jun 2019 · Shree Riddhi Siddhi Builders
Borivali Gulmohar Terrace CHS
declared completion Dec 2019 · Aditya Developers
Borivali Kesar Kripa CHS LTD
possession by Dec 2027 · Borivali Kesar Kripa CHS LTD
Borivali Keshav Co-Operative Housing Society Ltd
declared completion Sep 2025 · Shamik Real Estate LLP
Borivali Madhumas Chsl
possession by Dec 2026 · Aadhunik Developers
Borivali Neelkanth Nagar CHS LTD
declared completion Jan 2025 · Mahavir Infrastructure

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