Ravi Developments
MahaRERA Property Intelligence · Thane
P51700011796 · Kashimira · promoter Ravi Developments
| MahaRERA registration | P51700011796 |
| Registered on | 31 Aug 2017 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 5 months to the declared date |
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.
MahaRERA's cost filing puts construction at ~122.3% of the estimated project cost incurred as of the last certificate (₹44.33 Cr spent against a ₹36.25 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.
Of 76 homes filed with MahaRERA, 74 are sold/booked (68 with registered agreements + 6 booked) and 2 remain available (~97% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹25.49 Cr in agreement value so far. Of that, ₹23.70 Cr (~93%) is already collected, ₹0 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 74 registered agreements, the effective carpet rate is ₹5,144/sqft (typical range ₹4,064–₹8,889) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 12 | 1202 | 601 sqft (55.88 sqm) | ₹71.10 Lakh |
| Floor 13 | 1304 | 601 sqft (55.88 sqm) | ₹71.10 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.
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+18 and 76 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| A WING | 1 | G+17 | 24 | 30 Oct 2020 |
| B WING | 1 | G+18 | 28 | 30 Oct 2020 |
| C WING | 1 | G+17 | 24 | 30 Oct 2020 |
Unit mix on the filing: 76 residential.
14 complaints are on the MahaRERA record for this project, with orders passed in 12. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000001337 | 22/10/2017 | Kirit Soni vs Ravi Developments | order passed |
| CC006000000012041 | 27/03/2019 | SANJEEV SHARMA vs RAVI DEVELOPERS | order passed |
| CC006000000012332 | 11/01/2018 | Sher Singh Balbir Singh Chilotra vs Jayesh T shah.and ketan T shah | order passed |
| CC006000000012372 | 10/12/2017 | Suryadas Gurudu vs Ravi Developments | order passed |
| CC006000000022861 | 11/01/2018 | HARMEET SINGH CHILOTRA vs Ravi Development | order passed |
| CC006000000057310 | 14/12/2018 | ROHIT KOTNIS &MAITHLI KOTNIS vs RAVI DEVELOPMENTS | order passed |
| CC006000000078618 | 29/03/2019 | Gaurav Aster CHS Ltld (society) vs Ravi Developments | order passed |
| CC006000000079309 | 17/05/2019 | Rakhi M Raj vs M/s. Ravi Developments | order passed |
| CC006000000079310 | 17/05/2019 | Rekha Ramkishan Verma vs M/s. Ravi Developments | order passed |
| CC006000000090159 | 14/08/2019 | Hingwala Sufiyan Mohamed Yusuf vs M/S Ravi Developments | order passed |
| CC006000000292787 | 28/09/2022 | KAJAL THAKUR vs RAVI DEVELOPMENTS | order passed |
| CC006000000396854 | 28/07/2023 | Ashish Ramjeet Pandey and Asha Ramjeet Pandey vs Ravi Developments | order passed |
| CC006000000591186 | 16/07/2024 | Alka Jaikishin Harjani vs Ravi Developments | pending / no order on file |
| CC12602515 | 29/04/2026 | Ravi Developments vs Ashok Ramanlal Barot | pending / no order on file |
⚠ A co-operative housing society is the complainant here (Gaurav Aster CHS Ltld) and MahaRERA has already passed an order. On a redevelopment, that is the LANDOWNER society in dispute with its developer — a different order of risk from a single buyer's grievance, because it can touch the development rights, the society's consent, and ultimately the title to your flat. Have your lawyer read this order and the development agreement together before you commit.
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 2025 | 31 Dec 2022 | WE HAVE TO APPLY ONLY FOR THE OCCUPATION CERTIFICATE FROM THE MIRA BHAYANDER MUNICIPAL CORPORATION. THE BUILDING IS READY FOR POSSESSION. |
| 31 Dec 2025 | 30 Apr 2020 | The CC from the MBMC , which we have revised and applied again with MBMC on Jan 2016, has been further delay , and hence we need to extend the completion date. |
| 31 Dec 2025 | 31 Dec 2025 | The allotees residing from floors 1 to 10 have been delaying the process of construction of the upper floors, i.e from floor 11 and onwards. |
| 31 Dec 2018 | 31 Dec 2026 | 1.The Commencement Certificate (CC) granted in respect of the project was subsequently found to be erroneous. Consequently, all projects undertaken by Ravi Developments were restra |
Located at Kashimira, Vinay Nagar Rd, Borivali, Mumbai Suburban, 401107. Per the filed land record, the plot is bounded to the north by GAURAV TULIP, to the south by SURVEY NO 26, to the east by SURVEY NO 27-3 and to the west by SURVEY NO 27-7. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~17 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.
| Landmark | Straight-line |
|---|---|
| Andheri MIDC / SEEPZ | 17 km |
| Powai / Hiranandani business park | 18 km |
| Chhatrapati Shivaji Int'l Airport | 22 km |
| Bandra Kurla Complex (BKC) | 24 km |
| Lower Parel / Worli business district | 32 km |
| Nariman Point / Fort | 40 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.
🔒 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.
🔒 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.
Should you buy in GAURAV ASTER?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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Ravi Developments is the promoter on 13 MahaRERA-registered projects, of which 5 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:
See every Ravi Developments project & its RERA track record →
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