MahaRERA Property Intelligence · Mumbai Suburban

GOLD LEAF

PM1180002501101 · MAGATHANE · promoter Shelaji Horizon Llp

Certificate SignedDue 31 Dec 2029

Delivery & Registration

MahaRERA registrationPM1180002501101
Registered on06 Oct 2025
Promoter-declared completion31 Dec 2029
Current statusCertificate Signed
Against today41 months to the declared date

Builder Track Record

Across MahaRERA, Shelaji Horizon Llp is the promoter of record on 2 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.

Construction Progress

MahaRERA's cost filing puts construction at ~23.3% of the estimated project cost incurred as of the last certificate (₹3.84 Cr spent against a ₹16.50 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 20 homes filed with MahaRERA, 2 are sold/booked (1 with registered agreements + 1 booked) and 18 remain available (~10% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹3.74 Cr in agreement value so far. Of that, ₹16.00 Lakh (~4%) is already collected, ₹3.58 Cr receivable — a read on how far along these sales really are. Note: the project registers 103 homes in total, but this sold/unsold inventory filing covers only 20 of them — the other 83 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.

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 1office 11,085 sqft (100.8 sqm)₹1.81 Cr
Floor 1office 21,194 sqft (110.93 sqm)₹1.99 Cr
Floor 1shop 11,270 sqft (118.01 sqm)₹2.11 Cr
Floor 1shop 21,465 sqft (136.08 sqm)₹2.44 Cr
Floor 101004664 sqft (61.69 sqm)₹96.07 Lakh
Floor 111101623 sqft (57.88 sqm)₹90.13 Lakh
Floor 111104664 sqft (61.69 sqm)₹96.07 Lakh
Floor 141406805 sqft (74.79 sqm)₹1.16 Cr
Floor 161608664 sqft (61.69 sqm)₹96.07 Lakh
Floor 7704664 sqft (61.69 sqm)₹96.07 Lakh
Floor 7705664 sqft (61.69 sqm)₹96.07 Lakh
Floor 9904664 sqft (61.69 sqm)₹96.07 Lakh
Ground/Floor 0office 21,079 sqft (100.28 sqm)₹1.80 Cr
Ground/Floor 0shop no 11,315 sqft (122.17 sqm)₹2.43 Cr
Ground/Floor 0shop no 21,516 sqft (140.84 sqm)₹2.80 Cr
Ground/Floor 0shop no 32,700 sqft (250.82 sqm)₹4.99 Cr
Ground/Floor 0shop no 42,578 sqft (239.55 sqm)₹4.77 Cr
Ground/Floor 0shop no 52,358 sqft (219.09 sqm)₹4.36 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.

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+20 and 103 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
GOLD LEAF1G+20103-

Unit mix on the filing: 92 residential and 11 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at MAGATHANE, Sai Baba Mandir Road, Ward E, Mumbai City, 400092. Per the filed land record, the plot is bounded to the north by By CTS No. 4C(pt.) & 4D(pt.), to the south by By 18.3 mtrs. DP Road., to the east by By CTS No. 4D and to the west by By CTS No. 4G(pt.) & 4D(pt). Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~10 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Andheri MIDC / SEEPZ10 km
Powai / Hiranandani business park13 km
Chhatrapati Shivaji Int'l Airport14 km
Bandra Kurla Complex (BKC)17 km
Lower Parel / Worli business district24 km
Nariman Point / Fort33 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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Avyukta Neelkamal
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Gopal Terrace Co-Operative Housing Society LTD
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House Of Shreeji Sharan
possession by Sep 2026 · Miles Infra LLP
Sai Signature Spaces
possession by Sep 2026 · Ramachandran Munisawmy Narayan

Major developers building in Borivali West

Other RERA-registered projects in Mumbai Suburban

Gold Residences
possession by Mar 2029 · Time & Jet Realty LLP
Goldcrest Business Park
declared completion Dec 2018 · Swastik Associates
Golden Casa
possession by Dec 2028 · Interlink Builders
Golden Gateway
possession by Dec 2029 · D.N Developers
Golden Heights
declared completion Dec 2023 · Gold Coin Builders
Golden Heights @ Smgk Urbana
declared completion Aug 2025 · Smgk Developers Pvt. Ltd.

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

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