Ishaan Developers
MahaRERA Property Intelligence · Mumbai Suburban
P51800012610 · Mulund · promoter Ishaan Developers
| MahaRERA registration | P51800012610 |
| Registered on | 06 Sep 2017 |
| Promoter-declared completion | 31 Mar 2027 |
| Current status | Certificate Signed |
| Against today | 8 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, Ishaan Developers is the promoter of record on 9 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.
Of 29 homes filed with MahaRERA, 11 are sold/booked (5 with registered agreements + 6 booked) and 18 remain available (~38% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹9.74 Cr in agreement value so far. Of that, ₹3.50 Cr (~36%) is already collected, ₹6.24 Cr receivable — a read on how far along these sales really are. Note: the project registers 49 homes in total, but this sold/unsold inventory filing covers only 29 of them — the other 20 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 11 registered agreements, the effective carpet rate is ₹21,590/sqft (typical range ₹19,999–₹24,853) — 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 1 | 101 | 481 sqft (44.69 sqm) | ₹65.22 Lakh |
| Floor 1 | 102 | 431 sqft (40.04 sqm) | ₹58.44 Lakh |
| Floor 10 | 1003 | 485 sqft (45.06 sqm) | ₹65.76 Lakh |
| Floor 11 | 1101 | 523 sqft (48.59 sqm) | ₹70.92 Lakh |
| Floor 11 | 1102 | 443 sqft (41.16 sqm) | ₹60.07 Lakh |
| Floor 11 | 1103 | 288 sqft (26.76 sqm) | ₹39.06 Lakh |
| Floor 12 | 1201 | 502 sqft (46.64 sqm) | ₹68.07 Lakh |
| Floor 12 | 1202 | 443 sqft (41.16 sqm) | ₹60.07 Lakh |
| Floor 12 | 1204 | 475 sqft (44.13 sqm) | ₹64.41 Lakh |
| Floor 13 | 1303 | 440 sqft (40.88 sqm) | ₹59.66 Lakh |
| Floor 13 | 1304 | 475 sqft (44.13 sqm) | ₹64.41 Lakh |
| Floor 14 | 1401 | 502 sqft (46.64 sqm) | ₹68.07 Lakh |
| Floor 14 | 1403 | 440 sqft (40.88 sqm) | ₹59.66 Lakh |
| Floor 15 | 1502 | 443 sqft (41.16 sqm) | ₹60.07 Lakh |
| Floor 15 | 1503 | 440 sqft (40.88 sqm) | ₹59.66 Lakh |
| Floor 15 | 1504 | 475 sqft (44.13 sqm) | ₹64.41 Lakh |
| Floor 2 | 201 | 481 sqft (44.69 sqm) | ₹65.22 Lakh |
| Floor 2 | 203 | 581 sqft (53.98 sqm) | ₹78.78 Lakh |
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+16 and 49 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| ISHAAN ENCLAVE | 1 | G+16 | 49 | 30 May 2022 |
Unit mix on the filing: 48 residential and 1 non-residential (shops/offices).
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 |
|---|---|---|---|
| CC12502099 | 26/06/2025 | Geeta Katira vs ISHAAN DEVELOPERS | order passed |
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 |
|---|---|---|
| 31 Dec 2024 | 30 May 2023 | We have recently purchased TDR and are in process of loading the same. The project was delayed due to Pandemic as all the all the promoters and partners of Ishaan Developers had be |
| 31 Dec 2024 | 31 Dec 2024 | In accordance with circular no 28, we hereby apply for extension of our project u/s 7(3) in Format B. The project was delayed for reasons beyond our control on account of various r |
| 30 May 2022 | 31 Mar 2027 | We apologize for the delay in the completion of the project and the submission of this request. The delay occurred due to the post-COVID impact, as sales were low and project finan |
Located at Mulund, Dr R P Road, Kurla, Mumbai Suburban, 400080. Per the filed land record, the plot is bounded to the north by BUILDING, to the south by ROAD, to the east by BUILDING and to the west by BUILDING. 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 |
|---|---|
| Bandra Kurla Complex (BKC) | 4 km |
| Chhatrapati Shivaji Int'l Airport | 4 km |
| Powai / Hiranandani business park | 4 km |
| Andheri MIDC / SEEPZ | 7 km |
| Lower Parel / Worli business district | 12 km |
| Nariman Point / Fort | 19 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 ISHAAN ENCLAVE?
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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Ishaan Developers 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).
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