DEM Phoenix
MahaRERA Property Intelligence · Mumbai Suburban
P51800066476 · MALAD EAST · promoter Ghanwat Developers Pvt
| MahaRERA registration | P51800066476 |
| Registered on | 11 Jun 2024 |
| Promoter-declared completion | 31 Dec 2027 |
| Current status | Certificate Signed |
| Against today | 17 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.
Across MahaRERA, Ghanwat Developers Pvt is the promoter of record on 4 projects, of which none currently 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.
MahaRERA's cost filing puts construction at ~66.2% of the estimated project cost incurred as of the last certificate (₹16.93 Cr spent against a ₹25.59 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 46 homes filed with MahaRERA, 34 are sold/booked and 12 remain available (~74% sold) — selling steadily. Buyers have committed ₹30.00 Cr in agreement value so far. Of that, ₹19.90 Cr (~66%) is already collected, ₹10.19 Cr receivable — a read on how far along these sales really are. Note: the project registers 68 homes in total, but this sold/unsold inventory filing covers only 46 of them — the other 22 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 34 registered agreements, the effective carpet rate is ₹17,701/sqft (typical range ₹15,582–₹18,952) — 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 | 6 | 2,619 sqft (243.28 sqm) | ₹4.11 Cr |
| Floor 13 | 1301 | 422 sqft (39.24 sqm) | ₹57.70 Lakh |
| Floor 13 | 1304 | 498 sqft (46.25 sqm) | ₹68.00 Lakh |
| Floor 14 | 1402 | 499 sqft (46.39 sqm) | ₹68.21 Lakh |
| Floor 15 | 1504 | 498 sqft (46.25 sqm) | ₹68.00 Lakh |
| Floor 17 | 1701 | 482 sqft (44.82 sqm) | ₹65.90 Lakh |
| Floor 17 | 1801 | 482 sqft (44.82 sqm) | ₹65.90 Lakh |
| Floor 18 | 1802 | 499 sqft (46.39 sqm) | ₹68.21 Lakh |
| Floor 19 | 1904 | 498 sqft (46.25 sqm) | ₹68.00 Lakh |
| Floor 2 | 7 | 2,619 sqft (243.28 sqm) | ₹4.11 Cr |
| Floor 6 | 601 | 422 sqft (39.24 sqm) | ₹57.70 Lakh |
| Ground/Floor 0 | 1 | 298 sqft (27.68 sqm) | ₹50.88 Lakh |
⚠ The inventory filing also declares: 13 reserved. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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+21 and 68 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| redevlopment building | 1 | G+21 | 68 | - |
Unit mix on the filing: 61 residential and 7 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
The promoter has declared 1 court case on this project to MahaRERA. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.
| Court | Case no. | Year | Status |
|---|---|---|---|
| In The Bombay City Civil Court | 1099 | 2023 | Ongoing |
Located at MALAD EAST, KOKANi WADA VAISHAT PADA KURAR OF VILLAGE MALAD EAST , Borivali, Mumbai Suburban, 400097. Per the filed land record, the plot is bounded to the north by VILLAGE BOUNDARY, to the south by CTS NO 789E, to the east by DP ROAD and to the west by CTS NO 789. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~6 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Andheri MIDC / SEEPZ | 6 km |
| Powai / Hiranandani business park | 9 km |
| Chhatrapati Shivaji Int'l Airport | 10 km |
| Bandra Kurla Complex (BKC) | 13 km |
| Lower Parel / Worli business district | 21 km |
| Nariman Point / Fort | 29 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 GHANWAT ACCORD?
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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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