Ravi Developments
MahaRERA Property Intelligence · Thane
P51700006232 · Harkesh Uday Nagar · promoter Ravi Developments
| MahaRERA registration | P51700006232 |
| Registered on | 14 Aug 2017 |
| Promoter-declared completion | 31 Mar 2027 |
| Current status | Certificate Signed |
| Against today | 8 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 ~62.0% of the estimated project cost incurred as of the last certificate (₹384.12 Cr spent against a ₹619.75 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 489 homes filed with MahaRERA, 373 are sold/booked (271 with registered agreements + 102 booked) and 116 remain available (~76% sold) — selling steadily. Buyers have committed ₹173.43 Cr in agreement value so far. Of that, ₹142.80 Cr (~82%) is already collected, ₹30.60 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 373 registered agreements, the effective carpet rate is ₹7,790/sqft (typical range ₹3,336–₹10,513) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
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+26 and 489 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Building No 5 | 1 | G+26 | 123 | 30 Dec 2023 |
| Building no 6 | 1 | G+26 | 123 | 30 Dec 2023 |
| Building No 7 | 1 | G+26 | 81 | 30 Dec 2023 |
| Building No 8 | 1 | G+26 | 81 | 30 Dec 2023 |
| Building No 9 | 1 | G+26 | 81 | 30 Dec 2023 |
Unit mix on the filing: 489 residential.
34 complaints are on the MahaRERA record for this project, with orders passed in 31. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000044553 | 18/05/2018 | Avdhesh Bankelal Sharma vs RAVI DEVELOPMENTS | order passed |
| CC006000000000215 | 13/09/2017 | SANJEEDA ZAHIR HUSAIN vs RAVI BUILDERS | order passed |
| CC006000000000211 | 05/09/2017 | SANJEEDA HUSAIN vs RAVI DEVELOPMENTS | order passed |
| CC006000000057465 | 28/12/2018 | MANASH MANDAL vs RAVI DEVELOPMENTS | order passed |
| CC006000000000819 | 26/09/2017 | GANGADHAR K CHAPRE vs Ravi Developments | order passed |
| CC006000000057213 | 07/12/2018 | GANGADHAR CHAPPRE vs RAVI DEVELOPERS | order passed |
| CC006000000089688 | 10/06/2019 | KUNAL MOHAN SINGH vs RAVI DEVELOPEMENTS | order passed |
| CC006000000089690 | 23/07/2019 | BHOLA PRASAD SINGH vs RAVI DEVELOPMENTS | order passed |
| CC006000000012639 | 27/12/2017 | Mangesh Bhaurao Vaity vs M/s. Ravi Developments | order passed |
| CC006000000023315 | 12/02/2018 | LALIT MADANLAL JAIN vs RAVI DEVELOPMENTS | order passed |
| CC006000000023149 | 24/03/2018 | ASHISH MAHENDRA SINGH vs RAVI DEVELOPMENTS | order passed |
| CC006000000056096 | 06/09/2018 | Shreya Mukesh Lalvani vs Ravi Developments | order passed |
| CC006000000023876 | 05/04/2018 | Ismail Patel vs Ravi Developments | order passed |
| CC006000000044028 | 06/04/2018 | MANISHA SUDHIR PUROHIT vs RAVI GROUP | order passed |
| CC006000000044157 | 20/04/2018 | M Humera Begum Syed vs Ravi Development | order passed |
| CC006000000054965 | 17/06/2018 | SONAL ASHISH GUPTA vs RAVI DEVELOPMENTS | order passed |
| CC006000000056549 | 12/10/2018 | DIPESH JAIN vs Ravi Developments | order passed |
| CC006000000056987 | 20/11/2018 | Nasrin D Shaikh and Dastagir Shaikh vs Ravi Developments | order passed |
| CC006000000057905 | 05/02/2019 | Sufyan Shaikh Sultan vs Ravi Development | order passed |
| CC006000000079037 | 03/06/2019 | Dasharath Rajput vs Ravi Developments | order passed |
| CC006000000100226 | 20/07/2019 | Syed Hasan vs Ravi Developments | order passed |
| CC006000000100228 | 20/07/2019 | Vikaskumar Vijay Bahadursingh vs Ravi Developments | order passed |
| CC006000000100294 | 25/07/2019 | SAVITA MAHAPATRA vs RAVI DEVELOPEMENTS | order passed |
| CC006000000100372 | 01/08/2019 | Sudhakar Shetty vs Ravi Developments | order passed |
| CC006000000408155 | 16/11/2023 | Hemant Sharma vs Jayesh Shah and Ketan Shah | order passed |
| CC006000000195108 | 01/12/2020 | Jigar Manubhai Shah and Nimisha J Shah vs Ravi Developments | order passed |
| CC006000000195121 | 30/12/2020 | Hemlata Chintaman Patil vs Ravi Developments | order passed |
| CC006000000197871 | 03/08/2021 | Mr Marvin Ivor Alvares & Mrs Doreen Marvin Alvares vs Ravi Developments | order passed |
| CC006000000210335 | 09/03/2022 | Syed Hasan Ahmed vs Ravi Developments | order passed |
| CC006000000395861 | 18/05/2023 | Dinesh Jain vs Ravi Developments | order passed |
| CC12500164 | 18/01/2025 | Ravi Developments vs Natwarlal Purohit | order passed |
| CC12501962 | 16/06/2025 | HT MEDIA LTD HT MEDIA LTD vs Ravi Developments | pending / no order on file |
| CC12602194 | 14/04/2026 | Ravi Developments vs Samir S Iraqi | pending / no order on file |
| CC12602643 | 07/05/2026 | Ravi Developments vs Anuradha C Rane | 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 2025 | 31 Dec 2025 | 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 | 31 Mar 2027 | 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 Harkesh Uday Nagar, Shanti Vidya Nagar, Borivali, Mumbai Suburban, 400107. Per the filed land record, the plot is bounded to the north by 18 mt wide dp road, to the south by 18 mt wide dp road, to the east by 18 mt wide dp road and to the west by 30mt wide dp road. 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 Excellency?
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
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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