MahaRERA Property Intelligence · Mumbai City

EL MEJOR

P51900004688 · Dadar · promoter Arth Realtech Spaces

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP51900004688
Registered on09 Aug 2017
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 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.

Builder Track Record

Across MahaRERA, Arth Realtech Spaces is the promoter of record on 26 projects, of which 1 carries 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.

Construction Progress

MahaRERA's cost filing puts construction at ~96.9% of the estimated project cost incurred as of the last certificate (₹34.90 Cr spent against a ₹36.00 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Sales & Inventory

Of 76 homes filed with MahaRERA, 57 are sold/booked (38 with registered agreements + 19 booked) and 19 remain available (~75% sold) — selling steadily. Buyers have committed ₹97.10 Cr in agreement value so far. Of that, ₹93.91 Cr (~97%) is already collected, ₹3.19 Cr receivable — a read on how far along these sales really are. Note: the project registers 115 homes in total, but this sold/unsold inventory filing covers only 76 of them — the other 39 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 57 registered agreements, the effective carpet rate is ₹31,399/sqft (typical range ₹7,504–₹45,518) — 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 1A-101, 102, 1031,345 sqft (124.96 sqm)₹9.26 Lakh
Floor 1A-102447 sqft (41.5 sqm)₹9.34 Lakh
Floor 1A-103456 sqft (42.4 sqm)₹9.54 Lakh
Floor 13A-1303621 sqft (57.67 sqm)₹12.98 Lakh
Floor 17B-17021,362 sqft (126.58 sqm)₹28.50 Lakh
Floor 18B-1801903 sqft (83.88 sqm)₹18.89 Lakh
Floor 18B-18021,362 sqft (126.58 sqm)₹28.50 Lakh
Floor 20A-2001682 sqft (63.4 sqm)₹14.28 Lakh
Floor 20B-20021,362 sqft (126.58 sqm)₹28.50 Lakh
Floor 3B-3031,377 sqft (127.95 sqm)₹28.81 Lakh
Floor 4B-401381 sqft (35.43 sqm)₹7.98 Lakh
Floor 5B-5021,362 sqft (126.58 sqm)₹28.50 Lakh
Floor 6B-6021,362 sqft (126.58 sqm)₹28.50 Lakh
Floor 7B-701903 sqft (83.88 sqm)₹18.89 Lakh
Floor 8B-8021,362 sqft (126.58 sqm)₹28.50 Lakh
Floor 9B-9031,362 sqft (126.58 sqm)₹28.50 Lakh
Upper GroundA-2452 sqft (42 sqm)₹9.46 Lakh
Upper GroundA-3452 sqft (42 sqm)₹9.45 Lakh
Upper GroundA1, A2, A31,355 sqft (125.9 sqm)₹9.42 Lakh

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+22 and 115 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
EL MEJOR1G+22115-

Unit mix on the filing: 109 residential and 6 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.

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 4 times. 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 202430 Mar 2022Due to COVID, Construction was stopped.
31 Dec 202431 Dec 2024Project taken over by Arth Realtech Spaces Pvt Ltd from DVK Realestate Pvt Ltd as on 10th May 2022 hence require an extension for completion of the project
30 Mar 202131 Dec 2025a) As the entire country including Mumbai were under a total lock-down; and the Government of India as well as the Government of Maharashtra had announced a slew of measures includ
30 Mar 202131 Dec 2026a) The construction of project is completed and only finishing work is in process. We have obtained part occupancy certificate for Ground Floor (NR) + 1st Floor (NR) + 2nd to 7th +

Location, Land & Connectivity

Located at Dadar, Dadar, Mumbai City, Mumbai City, 400014. Per the filed land record, the plot is bounded to the north by CS 159 A10 159 10, to the south by AMBEDKAR ROAD, to the east by CS NO 161 B10 161 A10 161 10 and to the west by CS 156 D10 156 B10 156 10. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Lower Parel / Worli business district3 km
Bandra Kurla Complex (BKC)5 km
Chhatrapati Shivaji Int'l Airport8 km
Nariman Point / Fort11 km
Powai / Hiranandani business park12 km
Andheri MIDC / SEEPZ12 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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Other RERA-registered projects in Dadar East

Anchor Sky D
Deregistered by MahaRERA · possession by Dec 2026 · Om Shanti Housing Development Company
Yash Supriya
possession by Dec 2026 · Yash Construction Company
Bhalchandra Niwas CHS
possession by Dec 2026 · Ishaan Realtors
Nine Reflex
possession by Dec 2026 · Reflex Projects LLP
Chirag Heights
possession by Dec 2026 · Nettheim Builders LLP
Panchratna-NX
possession by Dec 2026 · Sudhir Kishor Desai

Other RERA-registered projects in Mumbai City

Elanza
declared completion Mar 2018 · A R Constructions
Elegant Residency
possession by Dec 2027 · Best Enterprises
Elite Crest
declared completion Jul 2018 · Elite Housing Developers LLP
Elite Residence
declared completion Mar 2018 · PCB Trading PVT LTD
Elizabeth House
declared completion Dec 2020 · Suraj Estate Developers LTD
Embassy Citadel
possession by Jun 2034 · Equinox India Infraestate Limited

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