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MahaRERA Property Intelligence · Mumbai City
P51900029171 · Suparibaug Estate Parel · promoter Constructions
| MahaRERA registration | P51900029171 |
| Registered on | 03 May 2021 |
| Promoter-declared completion | 30 Sep 2026 |
| Current status | Certificate Signed |
| Against today | 2 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.
MahaRERA's cost filing puts construction at ~69.9% of the estimated project cost incurred as of the last certificate (₹13.16 Cr spent against a ₹18.84 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 31 homes filed with MahaRERA, 24 are sold/booked (22 with registered agreements + 2 booked) and 7 remain available (~77% sold) — selling steadily. Buyers have committed ₹31.93 Cr in agreement value so far. Of that, ₹23.86 Cr (~75%) is already collected, ₹8.07 Cr receivable — a read on how far along these sales really are. Note: the project registers 61 homes in total, but this sold/unsold inventory filing covers only 31 of them — the other 30 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 24 registered agreements, the effective carpet rate is ₹30,706/sqft (typical range ₹25,525–₹38,065) — 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 | 1201 | 417 sqft (38.73 sqm) | ₹1.25 Cr |
| Floor 12 | 1202 | 419 sqft (38.9 sqm) | ₹1.26 Cr |
| Floor 12 | 1203 | 420 sqft (39.05 sqm) | ₹1.26 Cr |
| Floor 20 | 2002 | 419 sqft (38.9 sqm) | ₹1.26 Cr |
| Floor 21 | 2101 | 417 sqft (38.73 sqm) | ₹1.25 Cr |
| Floor 21 | 2102 | 419 sqft (38.9 sqm) | ₹1.26 Cr |
| Floor 21 | 2103 | 420 sqft (39.05 sqm) | ₹1.26 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+21 and 61 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Inspire | 1 | G+21 | 61 | - |
Unit mix on the filing: 53 residential and 8 non-residential (shops/offices).
4 complaints are 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 |
|---|---|---|---|
| CC12504068 | 18/11/2025 | Manish Maruti Pabale vs R K Constructions | order passed |
| CC12601606 | 23/03/2026 | Barbee Bhattacharya vs R K Constructions | pending / no order on file |
| CC12602997 | 20/05/2026 | Arun Sheshgiri Shetty vs R K Constructions | pending / no order on file |
| CC12603385 | 02/06/2026 | Priyabhushan Prasannakumar Kakade vs R K Constructions | pending / no order on file |
The promoter has had the MahaRERA completion deadline formally extended 1 time. 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 Sep 2025 | 30 Sep 2026 | The approval for top 2 floors of the proposed building was delayed and therefore the construction of these floors could not be done. The MCGM has granted CC for remaining floors on |
Located at Suparibaug Estate Parel, Babasaheb Ambedkar Marg, Ward GNorth, Mumbai City, 400012. Per the filed land record, the plot is bounded to the north by Plot No 126, to the south by Dr Shirodkar Marg - Liston Road, to the east by Service Passage and to the west by Dr Ambedkar Marg - Suparibaug Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~1 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Lower Parel / Worli business district | 1 km |
| Bandra Kurla Complex (BKC) | 8 km |
| Nariman Point / Fort | 8 km |
| Chhatrapati Shivaji Int'l Airport | 11 km |
| Andheri MIDC / SEEPZ | 15 km |
| Powai / Hiranandani business park | 15 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 Inspire?
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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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