MahaRERA Property Intelligence · Mumbai Suburban

GAURAV SOCIETY

P51800013434 · Malad (East) · promoter Padmavati Maitri Corporation

Certificate SignedDue 31 Dec 2023

Delivery & Registration

MahaRERA registrationP51800013434
Registered on05 Oct 2017
Promoter-declared completion31 Dec 2023
Current statusCertificate Signed
Against todayabout 31 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, Padmavati Maitri Corporation is the promoter of record on 35 projects, of which 7 carry 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 ~122.2% of the estimated project cost incurred as of the last certificate (₹9.19 Cr spent against a ₹7.52 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 40 homes filed with MahaRERA, 15 are sold/booked and 25 remain available (~38% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹7.50 Cr in agreement value so far. Of that, ₹5.09 Cr (~68%) is already collected, ₹2.41 Cr receivable — a read on how far along these sales really are. Note: the project registers 75 homes in total, but this sold/unsold inventory filing covers only 40 of them — the other 35 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 15 registered agreements, the effective carpet rate is ₹11,805/sqft (typical range ₹8,941–₹13,858) — 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 12B1202727 sqft (67.54 sqm)₹82.67 Lakh
Floor 13A1301727 sqft (67.54 sqm)₹82.67 Lakh
Floor 13A1302405 sqft (37.64 sqm)₹46.07 Lakh
Floor 13A1303390 sqft (36.2 sqm)₹44.30 Lakh
Floor 13B1302727 sqft (67.54 sqm)₹82.67 Lakh
Floor 14B14017,823 sqft (726.78 sqm)-
Floor 14B1402727 sqft (67.54 sqm)₹82.67 Lakh
Floor 15A1501727 sqft (67.54 sqm)₹82.67 Lakh
Floor 15A1502405 sqft (37.64 sqm)₹46.07 Lakh
Floor 15A1503390 sqft (36.2 sqm)₹44.30 Lakh
Floor 15B1501727 sqft (67.54 sqm)₹82.67 Lakh
Floor 15B1502727 sqft (67.54 sqm)₹82.67 Lakh
Floor 16A1601727 sqft (67.54 sqm)₹82.67 Lakh
Floor 16A1602405 sqft (37.64 sqm)₹46.07 Lakh
Floor 16A1603390 sqft (36.2 sqm)₹44.30 Lakh
Floor 16B1601727 sqft (67.54 sqm)₹82.67 Lakh
Floor 16B1602727 sqft (67.54 sqm)₹82.67 Lakh
Floor 2A201727 sqft (67.52 sqm)₹82.67 Lakh
Floor 4A401764 sqft (70.98 sqm)₹82.67 Lakh
Floor 6A601727 sqft (67.54 sqm)₹82.67 Lakh
Floor 6A603390 sqft (36.2 sqm)₹44.30 Lakh
Floor 8A801727 sqft (67.54 sqm)₹82.67 Lakh
Floor 8A802405 sqft (37.64 sqm)₹46.07 Lakh
Floor 8A803390 sqft (36.2 sqm)₹44.30 Lakh
Floor 8B801405 sqft (37.64 sqm)₹46.07 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.

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 75 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
MAITRI GAURAV SOCIETY- Wing A and B1G+1475-

Unit mix on the filing: 75 residential.

Complaints & Orders

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

Complaint no.FiledPartiesStatus
CC00600000001280208/01/2018VARUN GOENKA vs APURVA SHAHorder passed
CC00600000019795915/08/2021Malad Gaurav CHS Ltd (society) vs Padmavati Maitri Corporationorder passed
CC00600000019796015/08/2021Rakesh Jagdishchandra Shah vs Padmavati Maitri Corporationorder passed
CC00600000019796115/08/2021Shailesh V Patadia vs Padmavati Maitri Corporationorder passed
CC1240051322/10/2024Jayshri Deepakbhai Magiya vs PADMAVATI MAITRI CORPORATION LLPorder passed
CC1240052722/10/2024Jayshri Deepakbhai Magiya vs PADMAVATI MAITRI CORPORATION LLPorder passed

A co-operative housing society is the complainant here (Malad Gaurav CHS Ltd) 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.

Deadline Extensions

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 202330 Jun 2022The Project has been delayed on account of various reasons beyond our control and more particularly due to Lockdown announced on account of pandemic of Covid-19. Due to this unprec
31 Dec 202331 Dec 2023In accordance with circular no 28, we hereby apply for extension of our project u/s 7(3) in Format B. The project was delayed for reasons beyond our control on account of various r

Location, Land & Connectivity

Located at Malad (East), Haji Bapu Road, Borivali, Mumbai Suburban, 400064. Per the filed land record, the plot is bounded to the north by 12 METER ROAD, to the south by BUILDING, to the east by MAHINDRA COLONY and to the west by 9 METER 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 ~7 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Andheri MIDC / SEEPZ7 km
Powai / Hiranandani business park10 km
Chhatrapati Shivaji Int'l Airport11 km
Bandra Kurla Complex (BKC)14 km
Lower Parel / Worli business district21 km
Nariman Point / Fort29 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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What to do next (past deadline)

  1. Ask the developer for the RERA extension filing — they must file for an extension before the deadline passes.
  2. Check the MahaRERA portal for a revised completion date or extension order.
  3. Review your allotment letter's possession clause for interest or compensation terms on delayed handover.
  4. File a complaint with MahaRERA if no extension has been filed and the delay is impacting possession.

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