MahaRERA Property Intelligence · Mumbai Suburban

DEM Panache

P51800078123 · Behind J.B. Nagar · promoter Dem Homes Llp

Certificate SignedDue 31 Jan 2027

Delivery & Registration

MahaRERA registrationP51800078123
Registered on25 Nov 2024
Promoter-declared completion31 Jan 2027
Current statusCertificate Signed
Against today6 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.

Sales & Inventory

Of 55 homes filed with MahaRERA, 15 are sold/booked (9 with registered agreements + 6 booked) and 40 remain available (~27% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹25.02 Cr in agreement value so far. Of that, ₹4.04 Cr (~16%) is already collected, ₹20.98 Cr receivable — a read on how far along these sales really are. Note: the project registers 140 homes in total, but this sold/unsold inventory filing covers only 55 of them — the other 85 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 15 registered agreements, the effective carpet rate is ₹30,013/sqft (typical range ₹22,999–₹32,014) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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 1101461 sqft (42.81 sqm)₹77.43 Lakh
Floor 1102669 sqft (62.18 sqm)₹1.12 Cr
Floor 1103815 sqft (75.72 sqm)₹1.37 Cr
Floor 1105969 sqft (90 sqm)₹1.63 Cr
Floor 101001644 sqft (59.82 sqm)₹1.08 Cr
Floor 101003423 sqft (39.3 sqm)₹71.08 Lakh
Floor 101005969 sqft (90 sqm)₹1.63 Cr
Floor 111103423 sqft (39.3 sqm)₹71.08 Lakh
Floor 111105969 sqft (90 sqm)₹1.63 Cr
Floor 121201461 sqft (42.81 sqm)₹77.43 Lakh
Floor 121201644 sqft (59.82 sqm)₹1.08 Cr
Floor 121202669 sqft (62.18 sqm)₹1.12 Cr
Floor 121202404 sqft (37.53 sqm)₹67.89 Lakh
Floor 121203423 sqft (39.3 sqm)₹71.08 Lakh
Floor 2201461 sqft (42.81 sqm)₹77.43 Lakh
Floor 2202669 sqft (62.18 sqm)₹1.12 Cr
Floor 2202404 sqft (37.53 sqm)₹67.89 Lakh
Floor 2203423 sqft (39.3 sqm)₹71.08 Lakh
Floor 2203532 sqft (49.42 sqm)₹89.39 Lakh
Floor 2204409 sqft (38 sqm)₹68.73 Lakh
Floor 2205969 sqft (90 sqm)₹1.63 Cr
Floor 3301614 sqft (57.04 sqm)₹1.03 Cr
Floor 3302669 sqft (62.18 sqm)₹1.12 Cr
Floor 3303423 sqft (39.3 sqm)₹71.08 Lakh
Floor 3305969 sqft (90 sqm)₹1.63 Cr
Floor 4402669 sqft (62.18 sqm)₹1.12 Cr
Floor 4404409 sqft (38 sqm)₹68.73 Lakh
Floor 4405969 sqft (90 sqm)₹1.63 Cr
Floor 5505969 sqft (90 sqm)₹1.63 Cr
Floor 6603532 sqft (49.42 sqm)₹89.39 Lakh
Floor 6604409 sqft (38 sqm)₹68.73 Lakh
Floor 6605969 sqft (90 sqm)₹1.63 Cr
Floor 7702413 sqft (38.33 sqm)₹69.33 Lakh
Floor 7702404 sqft (37.53 sqm)₹67.89 Lakh
Floor 7703532 sqft (49.42 sqm)₹89.39 Lakh
Floor 7704409 sqft (38 sqm)₹68.73 Lakh
Floor 7705969 sqft (90 sqm)₹1.63 Cr
Floor 8801644 sqft (59.82 sqm)₹1.08 Cr
Floor 8803423 sqft (39.3 sqm)₹71.08 Lakh
Floor 8805969 sqft (90 sqm)₹1.63 Cr

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

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+13 and 140 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Building No 11G+1339-
Building No 21G+1358-
Building No 31G+1343-

Unit mix on the filing: 136 residential and 4 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 3 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
Maharashtra Co Operative Court2782023Ongoing
Bombay City Civil Court Dindoshi3672024Closed
Bombay High Court134742024Closed

Location, Land & Connectivity

Located at Behind J.B. Nagar, Dr. Karanjia Marg, Borivali, Mumbai Suburban, 400099. Per the filed land record, the plot is bounded to the north by CTS No 466A, to the south by Existing Road, to the east by CTS No 466A and to the west by CTS No 163 Village Chakala. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~6834 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Andheri MIDC / SEEPZ6834 km
Powai / Hiranandani business park6837 km
Chhatrapati Shivaji Int'l Airport6839 km
Bandra Kurla Complex (BKC)6841 km
Lower Parel / Worli business district6847 km
Nariman Point / Fort6855 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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Vishwas Niketan By Viiaan
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Other RERA-registered projects in Mumbai Suburban

DEM Phoenix
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Dena Sadichchha CO Operative Housing Society Limited
possession by Dec 2028 · Dena Sadichchha Cooperative Housing Soci
Deraiya Luxurio
possession by Jun 2029 · Deraiya Infra
Deshabhimani
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Destiny ONE
possession by Dec 2027 · Padmamala 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