MahaRERA · the public record
COMMERZ 54
SANTACRUZ WEST · SHREE VINAYAK REALITY PRIVATE LIMITED
Know the project.
Then choose your home.
The registration, progress and filed details in one place. Go further with an independent reading of the project’s evidence.
The record · free to read
Registration read 12 Jul 2026Progress & dates
The timeline on file.
Available record
No construction trend to plot.
The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.
declared completion
30 Jun 2026
The registered date and a construction update answer different questions. Neither is a confirmation of possession.
MahaRERA registration · read 12 Jul 2026
From another project
See the report before you buy.
A published sample shows the level of detail, source illustrations and buyer reasoning. Its findings belong to that project.
Read a sample report ↗The source record
The details behind the headline.
MahaRERA · P51800020069
Delivery and registration
When is the project declared for completion?
COMMERZ 54 is registered with MahaRERA as P51800020069 and the promoter has declared completion for 30 Jun 2026.
30 Jun 2026
declared completion
3months past
against the declared date
The completion date and status as they stand on the MahaRERA registration record.
Source · MahaRERA project registration · read 12 Jul 2026
| MahaRERA registration | P51800020069 |
| Registered on | 26 Mar 2019 |
| Promoter-declared completion | 30 Jun 2026 |
| Current status | Certificate Signed |
| Against today | about 3 months past the declared date |
Approvals and compliance
What compliance filings are on record?
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for COMMERZ 54 record 30 quarterly progress reports since registration.
30quarterly filings
Entries as they appear on MahaRERA's own lists and the project's progress filing.
Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026
- Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (FY 2025-2026).
Construction
How much construction cost has been reported?
In COMMERZ 54, ₹16.80 Cr of a declared ₹32.00 Cr estimated project cost is reported as incurred, about 52.5%, as at the last certified filing with MahaRERA.
52.5%
₹16.80 Cr
of ₹32.00 Cr declared cost
Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.
Source · MahaRERA quarterly progress filing · read 12 Jul 2026
Sales
How much has actually been sold?
In COMMERZ 54, 39 of 111 homes filed with MahaRERA are recorded as sold or booked, about 35%, and 72 remain available.
35%sold
39 of 111 homes
₹86.56 Cr
committed by buyers
Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹65.65 Cr (about 76%) is recorded as collected and ₹21.22 Cr as receivable.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
What buyers actually paid: across 39 registered agreements, the effective carpet rate is ₹37,497/sqft, with eight in ten falling between ₹28,768 and ₹42,895 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.
What the filings record, home by home
Read from MahaRERA on 17 September 2026
MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 39 homes carry one, and 72 of the 111 are recorded unsold.
Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:
| Home | Carpet | Filed for the same home on other floors | Based on |
|---|---|---|---|
| 1203 | 605 sqft | Rs 2.2580 cr typical, over Rs 1.5100 cr to Rs 2.5150 cr | 6 filed on this stack, floors 6–16 |
A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.
In COMMERZ 54, 58 of the 72 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.
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+19 and 111 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Commerz 54 | 1 | G+19 | 111 | 15 Dec 2021 |
Unit mix on the filing: 111 non-residential (shops/offices).
Complaints
No buyer complaints were on this project's MahaRERA record at the time of reading.
Deadline Extensions
The MahaRERA completion deadline for this project has been formally extended 3 times, as recorded on the register.
| From | Extended to | Stated reason |
|---|---|---|
| as registered | 14 Dec 2023 | Due to Covid-19 and shortage labourers for certain period the project could not be completed in time |
| 14 Dec 2023 | 30 Jun 2025 | In accordance with circular no 28, we hereby apply for extension of our project u/s 7(3) in Format B. The project was delayed for reasons beyond our control on account of various r |
| 30 Jun 2025 | 30 Jun 2026 | We sincerely regret the delay in the completion of the project as well as in the submission of this extension request. The delay has occurred due to unforeseen and unavoidable circ |
Location, Land & Connectivity
Located at SANTACRUZ WEST, S V ROAD, Mumbai City, Mumbai City, 400054. Per the filed land record, the plot is bounded to the north by PLOT NO 4 AND 5, to the south by 30 FEET ROAD, to the east by PLOT NO 21 and to the west by S V ROAD. These are the boundaries as recorded in the filed land record.
Location & connectivity
The nearest major job hub is ~4 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Chhatrapati Shivaji Int'l Airport | 3 km |
| Bandra Kurla Complex (BKC) | 4 km |
| Andheri MIDC / SEEPZ | 6 km |
| Powai / Hiranandani business park | 8 km |
| Lower Parel / Worli business district | 10 km |
| Nariman Point / Fort | 18 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.