MahaRERA Property Intelligence · Mumbai Suburban
PM1180002500897 · Mulund · promoter Mithalal Borana Family
| MahaRERA registration | PM1180002500897 |
| Registered on | 22 Sep 2025 |
| Promoter-declared completion | 31 May 2028 |
| Current status | Certificate Signed |
| Against today | 22 months to the declared date |
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.
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.
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.
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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 17 | Sale Office 1701 | 380 sqft (35.32 sqm) | ₹64.44 Lakh |
| Floor 17 | Sale Office 1702 | 375 sqft (34.88 sqm) | ₹63.64 Lakh |
| Floor 17 | Sale Office 1703 | 374 sqft (34.74 sqm) | ₹63.38 Lakh |
| Floor 17 | Sale Office 1704 | 343 sqft (31.9 sqm) | ₹58.20 Lakh |
| Floor 17 | Sale Office 1705 | 343 sqft (31.9 sqm) | ₹58.20 Lakh |
| Floor 17 | Sale Office 1706 | 343 sqft (31.9 sqm) | ₹58.20 Lakh |
| Floor 17 | Sale Office 1707 | 343 sqft (31.9 sqm) | ₹58.20 Lakh |
| Floor 17 | Sale Office 1708 | 341 sqft (31.68 sqm) | ₹57.80 Lakh |
| Floor 17 | Sale Office 1710 | 457 sqft (42.43 sqm) | ₹77.41 Lakh |
| Floor 17 | Sale Office 1711 | 466 sqft (43.26 sqm) | ₹78.92 Lakh |
| Floor 18 | Sale Office 1801 | 380 sqft (35.32 sqm) | ₹64.44 Lakh |
| Floor 18 | Sale Office 1802 | 375 sqft (34.88 sqm) | ₹63.64 Lakh |
| Floor 18 | Sale Office 1803 | 374 sqft (34.74 sqm) | ₹63.38 Lakh |
| Floor 18 | Sale Office 1804 | 343 sqft (31.9 sqm) | ₹58.20 Lakh |
| Floor 18 | Sale Office 1805 | 343 sqft (31.9 sqm) | ₹58.20 Lakh |
| Floor 18 | Sale Office 1806 | 343 sqft (31.9 sqm) | ₹58.20 Lakh |
| Floor 18 | Sale Office 1807 | 343 sqft (31.9 sqm) | ₹58.20 Lakh |
| Floor 18 | Sale Office 1808 | 341 sqft (31.68 sqm) | ₹57.80 Lakh |
| Floor 18 | Sale Office 1809 | 530 sqft (49.27 sqm) | ₹89.89 Lakh |
| Floor 18 | Sale Office 1810 | 457 sqft (42.43 sqm) | ₹77.41 Lakh |
| Floor 18 | Sale Office 1811 | 466 sqft (43.26 sqm) | ₹78.92 Lakh |
| Floor 19 | Sale Office 1901 | 374 sqft (34.74 sqm) | ₹63.40 Lakh |
| Floor 19 | Sale Office 1902 | 343 sqft (31.9 sqm) | ₹58.20 Lakh |
| Floor 19 | Sale Office 1903 | 343 sqft (31.9 sqm) | ₹58.20 Lakh |
| Floor 19 | Sale Office 1904 | 343 sqft (31.9 sqm) | ₹58.20 Lakh |
| Floor 19 | Sale Office 1905 | 343 sqft (31.9 sqm) | ₹58.20 Lakh |
| Floor 19 | Sale Office 1906 | 341 sqft (31.68 sqm) | ₹57.80 Lakh |
| Floor 19 | Sale Office 1907 | 530 sqft (49.27 sqm) | ₹89.89 Lakh |
| Floor 19 | Sale Office 1908 | 457 sqft (42.43 sqm) | ₹77.41 Lakh |
| Floor 19 | Sale Office 1909 | 466 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.
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.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Borana Business Centre | 1 | G+20 | 128 | - |
Unit mix on the filing: 35 residential and 93 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Court Room No. 11 ( Small Cause Court) Hon'Ble Shri. A.J. Fatale | RAD/1264 of 2023 | 2023 | Ongoing |
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.
The nearest major job hub is ~8 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 8 km |
| Andheri MIDC / SEEPZ | 10 km |
| Chhatrapati Shivaji Int'l Airport | 13 km |
| Bandra Kurla Complex (BKC) | 15 km |
| Lower Parel / Worli business district | 24 km |
| Nariman Point / Fort | 31 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.
🔒 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.
🔒 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.
Should you buy in Borana Business Centre?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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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