Mumbai/Project record

MahaRERA · the public record

Irasa Park Phase 1

Village Mahim · SUBURBAN SPACES LLP

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42units filed as unsoldInventory · 16 September 2026
31 Dec 2027declared completionMahaRERA registration · read 12 Jul 2026
60registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

31 Dec 2027

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P51700010540

Delivery and registration

When is the project declared for completion?

Irasa Park Phase 1 is registered with MahaRERA as P51700010540 and the promoter has declared completion for 31 Dec 2027.

31 Dec 2027

declared completion

15months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP51700010540
Registered on31 Aug 2017
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today15 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Irasa Park Phase 1 record 35 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 35 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Suburban Spaces Llp is the promoter of record on 5 projects registered with MahaRERA, none of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

5projects

registered with MahaRERA

0flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In Irasa Park Phase 1, ₹10.28 Cr of a declared ₹10.96 Cr estimated project cost is reported as incurred, about 93.8%, as at the last certified filing with MahaRERA.

93.8%

₹10.28 Cr

of ₹10.96 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In Irasa Park Phase 1, 18 of 60 homes filed with MahaRERA are recorded as sold or booked (17 with registered agreements and 1 booked), about 30%, and 42 remain available.

30%sold

18 of 60 homes

₹3.08 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹1.73 Cr (about 56%) is recorded as collected and ₹1.35 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 18 registered agreements, the effective carpet rate is ₹6,301/sqft, with eight in ten falling between ₹2,547 and ₹7,771 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 16 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 18 homes carry one, and 42 of the 60 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
A1281 sqftRs 18.00 lakh typical, over Rs 6.79 lakh to Rs 22.20 lakh18 filed at this size

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

In Irasa Park Phase 1, 28 of the 42 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 41 homes — ₹2,999 →

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+4 and 60 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
31G+460-

Unit mix on the filing: 60 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Deadline Extensions

The MahaRERA completion deadline for this project has been formally extended 2 times, as recorded on the register.

FromExtended toStated reason
as registered30 Dec 2025Due to unavoidable circumstances, we could not complete the project on time and hence seek for extension of the same.
30 Dec 202531 Dec 2027•The completion of the project has been delayed due to circumstances beyond the control of the promoter. The construction activities were affected by delays in approvals from conce

Location, Land & Connectivity

Located at Village Mahim, Haranwadi road, Thane, Thane, 401404. Per the filed land record, the plot is bounded to the north by Survey No 353, to the south by Lake and Survey No 351, to the east by Existing 12 mtr road and to the west by Lake. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~62 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Andheri MIDC / SEEPZ62 km
Powai / Hiranandani business park64 km
Chhatrapati Shivaji Int'l Airport66 km
Bandra Kurla Complex (BKC)69 km
Lower Parel / Worli business district76 km
Nariman Point / Fort84 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.

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Builder track record

Suburban Spaces LLP is the promoter on 3 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).

Other flagged projects by Suburban Spaces LLP

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SAI Park
possession by Sep 2026 · OM Siddhivinayak Developers
Shiv Krupa
possession by Oct 2026 · Shivaay Realty
V Square Arcade
possession by Oct 2026 · V Square
Nisarg Shrushti Phase-2
possession by Nov 2026 · Arvel Realtors

Major developers building in Palghar

Other RERA-registered projects in Palghar

ISA Forming THE Part OF Complex Akhand
possession by Jun 2028 · Techton Lifespaces LLP
Ishi Homes
declared completion Dec 2025 · Ishi Developers PVT LTD
Ishwara Elite
possession by Dec 2030 · Ishwara Realty
Ivory Homes
possession by Jul 2027 · Yashron Developers LLP
Ivy Dreamland Phase 1
declared completion Jun 2026 · Leal Developers
J.k.tower C Wing
possession by Dec 2029 · Not Available

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: 20 Sep 2026