MahaRERA Property Intelligence · Mumbai Suburban

GREEN ACRES

P51800045666 · VILE PARLE WEST · promoter Shree Mahavir Estate

Certificate SignedDue 31 Dec 2029

Delivery & Registration

MahaRERA registrationP51800045666
Registered on06 Jun 2022
Promoter-declared completion31 Dec 2029
Current statusCertificate Signed
Against today41 months to 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, Shree Mahavir Estate is the promoter of record on 125 projects, of which 9 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 ~62.9% of the estimated project cost incurred as of the last certificate (₹36.10 Cr spent against a ₹57.41 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 29 homes filed with MahaRERA, 15 are sold/booked (13 with registered agreements + 2 booked) and 14 remain available (~52% sold) — selling steadily. Buyers have committed ₹141.22 Cr in agreement value so far. Of that, ₹104.10 Cr (~74%) is already collected, ₹37.11 Cr receivable — a read on how far along these sales really are. Note: the project registers 64 homes in total, but this sold/unsold inventory filing covers only 29 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 ₹40,000/sqft (typical range ₹38,167–₹92,767) — 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 1010012,129 sqft (197.79 sqm)₹4.85 Cr
Floor 1010021,782 sqft (165.52 sqm)₹4.06 Cr
Floor 1212012,129 sqft (197.79 sqm)₹5.08 Cr
Floor 1313012,129 sqft (197.79 sqm)₹5.08 Cr
Floor 1313021,782 sqft (165.52 sqm)₹4.26 Cr
Floor 1414031,782 sqft (165.52 sqm)₹4.26 Cr
Floor 1515011,746 sqft (162.18 sqm)₹4.17 Cr
Floor 1515021,437 sqft (133.46 sqm)₹3.43 Cr
Floor 1515031,437 sqft (133.46 sqm)₹3.43 Cr
Floor 1515041,734 sqft (161.1 sqm)₹4.14 Cr
Floor 1616011,746 sqft (162.18 sqm)₹4.17 Cr
Floor 1616021,437 sqft (133.46 sqm)₹3.43 Cr
Floor 1616031,437 sqft (133.46 sqm)₹3.43 Cr
Floor 1616041,734 sqft (161.1 sqm)₹4.14 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 64 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
A WING1G+2032-
B WING1G+2032-

Unit mix on the filing: 64 residential.

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 VILE PARLE WEST, AT JVPD SCHEME, Andheri, Mumbai Suburban, 400049. Per the filed land record, the plot is bounded to the north by BY A1 SANA BUNGLOW, to the south by BY 40 WIDE PUBLIC ROAD VIDYANIDHI MARG, to the east by BY 30 WIDE PUBLIC ROAD and to the west by BY 30 WIDE PUBLIC ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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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Other RERA-registered projects in Mumbai Suburban

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Green Nest
possession by Dec 2028 · Bhavya Parshva Realty LLP
Green Origin
possession by Aug 2029 · Shreeji Realties Private Limited
Green Shadow Chsl
possession by Dec 2026 · Green Globe Realty
Green Vista
declared completion Dec 2018 · Vaibhavlaxmi Builders And Developers
Green Wood
declared completion Sep 2025 · Perfect Construction

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