MahaRERA Property Intelligence · Mumbai City

DARSHAN RICCO

P51900003861 · LOWER PAREL · promoter Darshan Group

Certificate SignedDue 31 Dec 2019

Delivery & Registration

MahaRERA registrationP51900003861
Registered on06 Aug 2017
Promoter-declared completion31 Dec 2019
Current statusCertificate Signed
Against todayabout 79 months past 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, Darshan Group is the promoter of record on 95 projects, of which 14 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.

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+24.

BuildingWingsFloorsDeclared completion
DARSHAN RICCO1G+2431 Dec 2018

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
Bombay High Court18172013Admitted

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
31 Dec 201931 Dec 2019Sir, We the developers of the Property Bearing C.S. No. 442 of Lower Parel Division, situated at Shankarrao Naram Path, Lower Parel, Mumbai: 400 would like to say as under; (

Location, Land & Connectivity

Located at LOWER PAREL, SHANKARAO NARAM PATH, Mumbai City, Mumbai City, 400013. Per the filed land record, the plot is bounded to the north by 443, to the south by 265, to the east by 249 and to the west by 1-442. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~1 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Lower Parel / Worli business district1 km
Nariman Point / Fort8 km
Bandra Kurla Complex (BKC)9 km
Chhatrapati Shivaji Int'l Airport11 km
Andheri MIDC / SEEPZ15 km
Powai / Hiranandani business park16 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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Builder track record

Darshan Group is the promoter on 2 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Darshan Group

Other RERA-registered projects in Lower Parel

Lodha Signet Lower Parel Wing B
possession by Aug 2026 · Lodha Developers Limited
Akshay
possession by Dec 2026 · Lalitambika Builders & Developers Pr
Sarvesh ONE
possession by Dec 2026 · Sarvesh Urban Developers Private Limited
Adi Darsshan
possession by Dec 2026 · Adi Realtors
Aetheria Tower
possession by Dec 2026 · P R Enterprises
Ison Height
possession by Dec 2026 · Hatdia Builders PVT LTD

Major developers building in Lower Parel

Other RERA-registered projects in Mumbai City

Darsshan Vonalzo
declared completion Dec 2024 · Jayant Enterprise
Darul Faiz
declared completion Jun 2022 · NEW Empire Builder & Developer
Darul Mustafa
possession by Dec 2027 · Citymaker Builders Private Limited
Datta Enclave
declared completion Dec 2024 · Shree Datta Developers
DB Turf View
possession by Dec 2026 · Turf Estate JV
DB Views
possession by Dec 2026 · M/s Shree Shantinagar Venture

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