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MahaRERA Property Intelligence · Mumbai Suburban
P51800010438 · promoter Grace Estate Development
| MahaRERA registration | P51800010438 |
| Registered on | 24 Aug 2017 |
| Promoter-declared completion | 30 Apr 2027 |
| Current status | Certificate Signed |
| Against today | 9 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, Grace Estate Development is the promoter of record on 23 projects, of which 2 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 ~94.7% of the estimated project cost incurred as of the last certificate (₹26.54 Cr spent against a ₹28.03 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 27 homes filed with MahaRERA, 23 are sold/booked and 4 remain available (~85% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹21.61 Cr in agreement value so far. Of that, ₹20.04 Cr (~93%) is already collected, ₹1.75 Cr receivable — a read on how far along these sales really are. Note: the project registers 69 homes in total, but this sold/unsold inventory filing covers only 27 of them — the other 42 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 23 registered agreements, the effective carpet rate is ₹21,542/sqft (typical range ₹8,412–₹24,167) — 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 12 | B-1202 | 600 sqft (55.74 sqm) | ₹1.53 Cr |
| Floor 12 | B-1203 | 503 sqft (46.73 sqm) | ₹1.30 Cr |
| Floor 14 | A-1403 | 1,003 sqft (93.18 sqm) | ₹1.63 Cr |
| Floor 14 | B-1402 | 600 sqft (55.74 sqm) | ₹1.53 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+17 and 69 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Wing A and Wing B | 1 | G+17 | 69 | - |
Unit mix on the filing: 69 residential.
1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000192349 | 27/02/2020 | Rajjo Sahu vs GRACE ESTATE DEVELOPMENT VENTURE | order passed |
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 |
|---|---|---|---|
| High Court | 41 | 2017 | Pre Admission |
The promoter has had the MahaRERA completion deadline formally extended 3 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 |
|---|---|---|
| 30 Apr 2025 | 01 Oct 2023 | The project got delayed due to we are not received any approval from Competent authority. |
| 30 Apr 2025 | 30 Apr 2025 | Covid |
| 30 Dec 2020 | 30 Apr 2027 | 1) As the entire country including Mumbai Suburban were under a total lock-down; and the Government of India as well as the Government of Maharashtra had announced a slew of measur |
Located at 0, Andheri, Mumbai Suburban, 400053. Per the filed land record, the plot is bounded to the north by Internal Road, to the south by Bldg 23, to the east by Bldg 20 and to the west by Bldg 22. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~4 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Chhatrapati Shivaji Int'l Airport | 3 km |
| Andheri MIDC / SEEPZ | 4 km |
| Bandra Kurla Complex (BKC) | 5 km |
| Powai / Hiranandani business park | 7 km |
| Lower Parel / Worli business district | 12 km |
| Nariman Point / Fort | 20 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 Grace Grandeur?
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