MahaRERA Property Intelligence · Mumbai City

Island Cove

P51900046369 · Mahim · promoter Lh Residential Housing

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP51900046369
Registered on22 Jun 2022
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 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, Lh Residential Housing is the promoter of record on 12 projects, of which 1 carries 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 ~24.4% of the estimated project cost incurred as of the last certificate (₹153.37 Cr spent against a ₹629.34 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 523 homes filed with MahaRERA, 477 are sold/booked (439 with registered agreements + 38 booked) and 46 remain available (~91% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹1805.67 Cr in agreement value so far. Of that, ₹802.37 Cr (~44%) is already collected, ₹1003.31 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 477 registered agreements, the effective carpet rate is ₹40,745/sqft (typical range ₹37,421–₹47,569) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+39 and 523 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Sale Building Tower 11G+39276-
Sale Building Tower 21G+39247-

Unit mix on the filing: 498 residential and 25 non-residential (shops/offices).

Complaints & Orders

2 complaints are on the MahaRERA record for this project, with orders passed in 2. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1240068806/11/2024MANJIT SINGH vs LH Residential Housing Private Limitedorder passed
CC1260051629/01/2026Vanita Krishna Chiluvery vs LH Residential Housing Private Limitedorder passed

Deadline Extensions

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
31 Aug 202831 Dec 2028Project taken over recently. Original application had only Tower 1 and all compliances for Tower 1 have been done till December, 2023. Tower 2 has been added on April 4, 2024 vid

Location, Land & Connectivity

Located at Mahim, Mahim, Mumbai City, Mumbai City, 400016. Per the filed land record, the plot is bounded to the north by St Xavier Institute, to the south by 13point4 MM DP Road, to the east by Mahim Sion Link Road and to the west by Tower 2. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~8192 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Nariman Point / Fort8191 km
Lower Parel / Worli business district8192 km
Chhatrapati Shivaji Int'l Airport8197 km
Bandra Kurla Complex (BKC)8197 km
Andheri MIDC / SEEPZ8198 km
Powai / Hiranandani business park8201 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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Builder track record

LH Residential Housing Private Limited is the promoter on 2 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 LH Residential Housing Private Limited

LH Residential Housing Private Limited
FlaggedMumbai City

Other RERA-registered projects in Mahim

Makhdoom Heights
possession by Nov 2026 · Naqi Developers Private Limited
Karpur Heights
possession by Dec 2026 · Parvasha Grihnirman Sanstha
Airyaman Terraces
possession by Dec 2026 · Airyaman Developers LLP
ANJ Ananda
possession by Dec 2026 · A N J Recon LLP
Kapil Tirth
possession by Dec 2026 · Prathamesh Projects LLP
Medius
possession by Dec 2026 · Aventa Properties LLP

Major developers building in Mahim

Other RERA-registered projects in Mumbai City

Island Cove Tower 3
possession by Dec 2029 · LH Residential Housing Private Limited,
Island Cove Tower 4
possession by Dec 2030 · LH Residential Housing Private Limited,
Ison Height
possession by Dec 2026 · Hatdia Builders PVT LTD
J K Apartment
possession by Dec 2026 · Plus Properties PVT LTD
Jade Acharya
possession by Dec 2026 · Raghavendra Acharya & Others
Jade Avenue Commercial Wing
declared completion Mar 2026 · Jairajhappyhomes

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