Mumbai/Project record

MahaRERA · the public record

Down Town Avenue

Vashi · TPV Ventures LLP

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125units filed as unsoldInventory · 19 September 2026
31 Mar 2028declared completionMahaRERA registration · read 12 Jul 2026
196registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & 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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The source record

The details behind the headline.

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 registrationP51700053275
Registered on23 Oct 2023
Promoter-declared completion31 Mar 2028
Current statusCertificate Signed
Against today18 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.

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:

HomeCarpetFiled for the same home on other floorsBased on
A-19012,398 sqftRs 5.5587 cr typical, over Rs 5.5000 cr to Rs 6.3000 cr14 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.

See the other 124 homes — ₹2,999 →

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.

BuildingWingsFloorsHomesDeclared completion
Wing A1G+2658-
Wing B and C1G+26138-

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.FiledPartiesStatus
SM1260047915/07/2026Bhakti Achrekar vs TPV Ventures LLPpending / 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.

LandmarkStraight-line
Powai / Hiranandani business park11 km
Bandra Kurla Complex (BKC)14 km
Chhatrapati Shivaji Int'l Airport14 km
Andheri MIDC / SEEPZ15 km
Lower Parel / Worli business district20 km
Nariman Point / Fort25 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.

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Builder track record

TPV Ventures LLP 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 TPV Ventures LLP

Other RERA-registered projects in Vashi

Aurous
possession by Dec 2026 · Asaya Builders AND Developers LLP
Cyber Works
possession by Dec 2026 · Greenscape Ventures
Akshar Panchratna
possession by Jun 2027 · Akshar Dream Homes
Centonic
possession by Jun 2027 · Metro Lifescapes India LLP
Aykon
possession by Dec 2027 · Metro Lifescapes India LLP
Godrej Bayview
possession by Dec 2027 · Suncity Infrastructures LLP

Major developers building in Vashi

Other RERA-registered projects in Thane

Dream Avenue
declared completion Dec 2025 · Dream Maruti Realtors
Dream Digit
declared completion Jun 2026 · Sainath Motor Body Builders
Dream Heights
possession by Jun 2027 · Dream Homes Builders AND Developers
Dream Home
possession by Dec 2026 · Unity Builders AND Developers
Dream House
declared completion Dec 2025 · M S Construction
Dream Ikon
possession by Dec 2027 · Dream Ikon Realtors

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: 20 Sep 2026