MahaRERA Property Intelligence · Mumbai Suburban

FERNVEL

P51800034670 · Santa Cruz (west) · promoter Landmarks Llp

Certificate SignedDue 31 Dec 2025

Delivery & Registration

MahaRERA registrationP51800034670
Registered on20 Apr 2022
Promoter-declared completion31 Dec 2025
Current statusCertificate Signed
Against todayabout 7 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.

Construction Progress

MahaRERA's cost filing puts construction at ~98.9% of the estimated project cost incurred as of the last certificate (₹23.25 Cr spent against a ₹23.50 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 10 homes filed with MahaRERA, 8 are sold/booked and 2 remain available (~80% sold) — selling steadily. Buyers have committed ₹56.97 Cr in agreement value so far. Of that, ₹54.24 Cr (~95%) is already collected, ₹2.73 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 8 registered agreements, the effective carpet rate is ₹62,976/sqft (typical range ₹58,936–₹78,137) — 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 8801868 sqft (80.66 sqm)₹2.94 Cr
Floor 88021,247 sqft (115.86 sqm)₹4.22 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+14 and 10 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
FERNEL1G+1410-

Unit mix on the filing: 10 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at Santa Cruz (west), Final Plot No. 198 TPS IV East Avenue, Mumbai City, Mumbai City, 400054. Per the filed land record, the plot is bounded to the north by Plot no 184, to the south by Plot no 182, to the east by 30 feet road known as East Avenue and to the west by Partly by Plot no 166 and partly by Plot no 167. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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

P. R. Landmarks LLP is the promoter on 3 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 P. R. Landmarks LLP

P. R. Landmarks LLP
FlaggedMumbai Suburban
P. R. Landmarks LLP
FlaggedMumbai Suburban

Other RERA-registered projects in Santacruz West

Woodstock Gardens
possession by Oct 2026 · Woodstock Realties Private Limited
Artteza
possession by Nov 2026 · Sunvision Estates
M.K Heritage
Not filing quarterly progress reports · possession by Dec 2026 · Shaista Majid Khan
Cyrilyn
possession by Dec 2026 · Not Available
JAY Krupa Sadan BY Shree Hari Realty
possession by Dec 2026 · Shree Hari Realty
Orchid Vasundhara
possession by Dec 2026 · Orchid Builtcon Pvt. Ltd.

Major developers building in Santacruz West

Other RERA-registered projects in Mumbai Suburban

Fifth Avenue Apartments
declared completion Jul 2019 · Sharan Shelters PVT LTD
Fine Heights
declared completion Jun 2026 · Fine Developments
Fine Residency
declared completion Aug 2022 · Fine Developments
Firdaus Apartments
possession by Mar 2029 · MAK Corporation
Floors 8 And 9 - The Baya Goldspot
declared completion Dec 2023 · Renaissance Spaces
Flora
possession by Mar 2032 · UVK Divine Realty

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