MahaRERA · the public record
Down Town Avenue
Vashi · TPV Ventures LLP
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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
31 Mar 2028
The registered date and a construction update answer different questions. Neither is a confirmation of possession.
MahaRERA registration · read 12 Jul 2026
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MahaRERA · P51700053275
Delivery and registration
When is the project declared for completion?
Down Town Avenue is registered with MahaRERA as P51700053275 and the promoter has declared completion for 31 Mar 2028.
31 Mar 2028
declared completion
18months to go
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 | P51700053275 |
| Registered on | 23 Oct 2023 |
| Promoter-declared completion | 31 Mar 2028 |
| Current status | Certificate Signed |
| Against today | 18 months to the declared date |
Approvals and compliance
What compliance filings are on record?
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Down Town Avenue record 9 quarterly progress reports since registration.
9quarterly 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
- Filing progress reports — 9 quarterly progress reports on record since registration, with no current default.
Construction
How much construction cost has been reported?
In Down Town Avenue, ₹63.83 Cr of a declared ₹179.20 Cr estimated project cost is reported as incurred, about 35.6%, as at the last certified filing with MahaRERA.
35.6%
₹63.83 Cr
of ₹179.20 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 Down Town Avenue, 68 of 196 homes filed with MahaRERA are recorded as sold or booked (19 with registered agreements and 49 booked), about 35%, and 128 remain available.
35%sold
68 of 196 homes
₹254.27 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, ₹87.85 Cr (about 35%) is recorded as collected and ₹166.41 Cr as receivable.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
What buyers actually paid: across 68 registered agreements, the effective carpet rate is ₹23,179/sqft, with eight in ten falling between ₹22,864 and ₹30,801 — 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 19 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 71 homes carry one, and 125 of the 196 are recorded unsold. Since we started watching this ledger, 3 homes have moved out of the unsold list, most recently on 11 September 2026.
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 |
|---|---|---|---|
| A-1901 | 2,398 sqft | Rs 5.5587 cr typical, over Rs 5.5000 cr to Rs 6.3000 cr | 14 filed on this stack, floors 9–23 |
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. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.
In Down Town Avenue, 99 of the 125 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+26 and 196 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Wing A | 1 | G+26 | 58 | - |
| Wing B and C | 1 | G+26 | 138 | - |
Unit mix on the filing: 168 residential and 28 non-residential (shops/offices).
Legal and disputes
What disputes are disclosed?
1 complaint is on the MahaRERA record for Down Town Avenue, with orders passed in 0 of them.
1complaint
0with an order
Counts as disclosed in the project record.
Source · MahaRERA project disclosures · read 12 Jul 2026
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| SM12600479 | 15/07/2026 | Bhakti Achrekar vs TPV Ventures LLP | pending / no order on file |
Location, Land & Connectivity
Located at Vashi , Sector No- 17, Thane, Thane, 400703. Per the filed land record, the plot is bounded to the north by Plot No- 34 and Plot No- 27, to the south by Plot No- 31 and Plot No-30, to the east by 30 meter wide road and to the west by 30 meter wide road. These are the boundaries as recorded in the filed land record.
Location & connectivity
The nearest major job hub is ~11 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 11 km |
| Bandra Kurla Complex (BKC) | 14 km |
| Chhatrapati Shivaji Int'l Airport | 14 km |
| Andheri MIDC / SEEPZ | 15 km |
| Lower Parel / Worli business district | 20 km |
| Nariman Point / Fort | 25 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.