MahaRERA Property Intelligence · Mumbai Suburban

Emerald Isle - T16

P51800013504 · promoter Larsen Toubro Ltd

Certificate SignedDue 29 Dec 2024

Delivery & Registration

MahaRERA registrationP51800013504
Registered on09 Oct 2017
Promoter-declared completion29 Dec 2024
Current statusCertificate Signed
Against todayabout 19 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, Larsen Toubro Ltd is the promoter of record on 30 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 ~86.1% of the estimated project cost incurred as of the last certificate (₹108.33 Cr spent against a ₹125.89 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. The declared completion date has already passed while the cost-incurred filing sits at ~86.1% — a wide gap between the promise and the money actually spent on site.

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 127 homes filed with MahaRERA, 116 are sold/booked and 11 remain available (~91% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹353.78 Cr in agreement value so far. Of that, ₹345.43 Cr (~98%) is already collected, ₹8.35 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 116 registered agreements, the effective carpet rate is ₹29,942/sqft (typical range ₹27,408–₹31,571) — 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 1717031,613 sqft (149.88 sqm)₹3.37 Cr
Floor 171704997 sqft (92.66 sqm)₹2.08 Cr
Floor 171705735 sqft (68.26 sqm)₹1.54 Cr
Floor 171706788 sqft (73.21 sqm)₹1.65 Cr
Floor 171707788 sqft (73.21 sqm)₹1.65 Cr
Floor 1818011,094 sqft (101.62 sqm)₹2.49 Cr
Floor 1818031,613 sqft (149.88 sqm)₹3.68 Cr
Floor 181804997 sqft (92.66 sqm)₹2.27 Cr
Floor 181805735 sqft (68.26 sqm)₹1.68 Cr
Floor 181806788 sqft (73.2 sqm)₹1.80 Cr
Floor 181807788 sqft (73.2 sqm)₹1.80 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+21 and 127 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Emerald Isle - T161G+21127-

Unit mix on the filing: 127 residential.

Complaints & Orders

6 complaints are on the MahaRERA record for this project, with orders passed in 4. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000059141503/08/2024Kavita Sudesh Kejriwal vs Larsen and Toubro Ltd.order passed
CC00600000059141903/08/2024Kavita Sudesh Kejriwal vs Larsen and Toubro Ltd.order passed
CC00600000059146413/08/2024Kavita Sudesh Kejriwal vs LARSEN AND TOUBRO LIMITEDorder passed
CC1240029601/10/2024Kavita Sudesh Kejriwal vs Larsen & Toubro Ltd. (Realty Division)order passed
CC1260426307/07/2026Niloofer Cyurus Raja vs Larsen & Toubro Ltd. (Realty Division)pending / no order on file
CC1260426107/07/2026Cyrus Raja vs Larsen & Toubro Ltd. (Realty Division)pending / no order on file

Legal & Litigation

The promoter has declared 2 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
High Court Of Judicature At Bombay2755 of 20112011Suit Is Pending For Final Hearing
High Court Of Judicature At Bombay2593 of 20122012Suit Is Pending For Final Hearing On August Two Thousand Ninteen

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
30 Dec 202329 Dec 2024Due to certain mitigating circumstances beyond the control of the promoter

Location, Land & Connectivity

Located at Saki Vihar Road, Mumbai City, Mumbai City, 400072. Per the filed land record, the plot is bounded to the north by JVLR Flyover, to the south by CTS 119 F 1A 1 CTS 119G 1 1B, to the east by CTS No 118 119 and 119D 2 Mahada Colony and to the west by Saki Vihar Road. 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
Powai / Hiranandani business park1 km
Andheri MIDC / SEEPZ2 km
Chhatrapati Shivaji Int'l Airport5 km
Bandra Kurla Complex (BKC)7 km
Lower Parel / Worli business district15 km
Nariman Point / Fort23 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

Larsen & Toubro Ltd. is the promoter on 25 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).

See every Larsen & Toubro Ltd. project & its RERA track record →

Other flagged projects by Larsen & Toubro Ltd.

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Other RERA-registered projects in Powai

Godrej Urban Park
possession by Sep 2026 · Godrej Properties Limited
55 Corporate Avenue Building NO 2
possession by Dec 2026 · THE Cannonade Construction Company PVT L
Ibis At L And T Realty Elixir Reserve
possession by Dec 2026 · Larsen & Toubro Ltd.
Leo Heights
Not filing quarterly progress reports · possession by Dec 2026 · Sir George P Joseph
Somani 72 East
possession by Dec 2026 · Nircon Developers PVT LTD
72 Marina - Phase I - Tierra And Torres
possession by Dec 2026 · D S Developers

Major developers building in Powai

Other RERA-registered projects in Mumbai Suburban

Emerald Isle - T4, T5, T6
declared completion Jun 2018 · Larsen & Toubro Ltd.
Emerald Isle - T7
declared completion Jun 2018 · Larsen & Toubro Ltd.
Emerald Isle - T8
declared completion Dec 2018 · Larsen & Toubro Ltd.
Emerald Isle - T9
declared completion Dec 2021 · Larsen & Toubro Ltd.
Emerene Heights
declared completion May 2019 · Rangoli Realtors & Developers
Emperia Legacy
possession by Dec 2031 · HHB Erectors And Developers LLP

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