MahaRERA Property Intelligence · Mumbai Suburban

ISHA VASYAM

P51800051969 · BHANDUP EAST · promoter Jyoti Sagar Corporation

Certificate SignedDue 01 Jun 2027

Delivery & Registration

MahaRERA registrationP51800051969
Registered on13 Jul 2023
Promoter-declared completion01 Jun 2027
Current statusCertificate Signed
Against today11 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, Jyoti Sagar Corporation is the promoter of record on 38 projects, of which 10 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.

Sales & Inventory

Of 17 homes filed with MahaRERA, 10 are sold/booked and 7 remain available (~59% sold) — selling steadily. Buyers have committed ₹8.43 Cr in agreement value so far. Of that, ₹6.68 Cr (~79%) is already collected, ₹1.65 Cr receivable — a read on how far along these sales really are. Note: the project registers 24 homes in total, but this sold/unsold inventory filing covers only 17 of them — the other 7 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 10 registered agreements, the effective carpet rate is ₹15,636/sqft (typical range ₹14,966–₹20,998) — 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 111101448 sqft (41.59 sqm)₹74.68 Lakh
Floor 111102584 sqft (54.26 sqm)₹97.43 Lakh
Floor 121202369 sqft (34.29 sqm)₹74.68 Lakh
Floor 5501448 sqft (41.59 sqm)₹74.68 Lakh
Floor 7701448 sqft (41.59 sqm)₹74.68 Lakh
Floor 9901448 sqft (41.59 sqm)₹74.68 Lakh
Ground/Floor 0SHOP NO.1416 sqft (38.69 sqm)₹82.71 Lakh

⚠ The inventory filing also declares: 7 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+6 and 24 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
ISHA VASYAM1G+624-

Unit mix on the filing: 23 residential and 1 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 BHANDUP EAST, M D KENI MARG, Kurla, Mumbai Suburban, 400042. Per the filed land record, the plot is bounded to the north by PLOT NO 22, to the south by MUNCIPAL ROAD, to the east by PLOT NO 7 and to the west by INTERNAL ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~6 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Powai / Hiranandani business park6 km
Andheri MIDC / SEEPZ9 km
Chhatrapati Shivaji Int'l Airport11 km
Bandra Kurla Complex (BKC)13 km
Lower Parel / Worli business district21 km
Nariman Point / Fort28 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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Shraddha Pavillion
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Major developers building in Kanjurmarg East

Other RERA-registered projects in Mumbai Suburban

Ishaan Enclave
possession by Mar 2027 · Ishaan Developers
Isle OF Calm Tower 1
possession by Mar 2029 · Sunrise Housing
Isle OF Calm Tower 2
possession by Mar 2029 · Sunrise Housing
Ismail Heights
declared completion Dec 2023 · M/s Star Developers
Ispat Corporation
declared completion Dec 2019 · Ispat Corporation
IVY CHS LTD Adityaraj ONE
declared completion Jan 2026 · SAI Adityaraj

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