Ravi Developments
MahaRERA Property Intelligence · Thane
P51700004316 · Near GCC Club · promoter Ravi Developments
| MahaRERA registration | P51700004316 |
| Registered on | 09 Aug 2017 |
| Promoter-declared completion | 30 Jun 2026 |
| Current status | Certificate Signed |
| Against today | about 1 months past 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.
Of 159 homes filed with MahaRERA, 155 are sold/booked (153 with registered agreements + 2 booked) and 4 remain available (~97% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹68.01 Cr in agreement value so far. Of that, ₹66.26 Cr (~97%) 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 155 registered agreements, the effective carpet rate is ₹12,176/sqft (typical range ₹8,597–₹13,842) — 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 1 | 105 | 384 sqft (35.65 sqm) | ₹55.30 Lakh |
| Floor 2 | 205 | 384 sqft (35.65 sqm) | ₹55.30 Lakh |
| Ground/Floor 0 | 1 | 6,166 sqft (572.85 sqm) | ₹6.96 Cr |
| Ground/Floor 0 | 2 | 7,183 sqft (667.32 sqm) | ₹8.10 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.
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+23 and 159 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Gaurav Crest | 1 | G+23 | 159 | - |
Unit mix on the filing: 157 residential and 2 non-residential (shops/offices).
1 complaint is on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12602816 | 14/05/2026 | Ravi Developments vs Manish Singh | pending / no order on file |
The promoter has had the MahaRERA completion deadline formally extended 2 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 2024 | 31 Dec 2024 | The project was impacted by the COVID-19 outbreak in 2020 and 2021, and the subsequent slow market conditions and labour shortages made it difficult for us to complete the project |
| 30 Dec 2023 | 30 Jun 2026 | The project is under construction but because of the following reasons we could not get the project finally completed: 1. The promoter has suffered from financial difficulties due |
Located at Near GCC Club, Hatkesh Road, Borivali, Mumbai Suburban, 400107. Per the filed land record, the plot is bounded to the north by 12 MT WIDE INTERNAL ROAD, to the south by GAURAV EXCELLENCY BLDG 4, to the east by 18 MT WIDE DP ROAD and to the west by GAURAV EXCELLENCY II. 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 | 19 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 Crest?
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