MahaRERA Property Intelligence · Mumbai City

JADE AVENUE-Residential Wing

P51900033215 · Matunga Central · promoter Jairajhappyhomes

Certificate SignedDue 30 Jun 2026

Delivery & Registration

MahaRERA registrationP51900033215
Registered on09 Feb 2022
Promoter-declared completion30 Jun 2026
Current statusCertificate Signed
Against todayabout 1 months past 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, Jairajhappyhomes is the promoter of record on 5 projects, of which none currently 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.

Construction Progress

MahaRERA's cost filing puts construction at ~68.4% of the estimated project cost incurred as of the last certificate (₹50.81 Cr spent against a ₹74.33 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. The declared completion date has already passed while the cost-incurred filing sits at ~68.4% — a wide gap between the promise and the money actually spent on site.

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 50 homes filed with MahaRERA, 31 are sold/booked and 19 remain available (~62% sold) — selling steadily. Buyers have committed ₹115.67 Cr in agreement value so far. Of that, ₹73.98 Cr (~64%) is already collected, ₹41.69 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 31 registered agreements, the effective carpet rate is ₹39,925/sqft (typical range ₹31,461–₹45,883) — 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 1111051,243 sqft (115.48 sqm)₹3.25 Cr
Floor 151504494 sqft (45.85 sqm)₹1.31 Cr
Floor 1515051,243 sqft (115.48 sqm)₹3.25 Cr
Floor 1818051,243 sqft (115.47 sqm)₹3.25 Cr
Floor 1919071,016 sqft (94.37 sqm)₹2.68 Cr
Floor 212104494 sqft (45.85 sqm)₹1.36 Cr
Floor 242403473 sqft (43.97 sqm)₹1.31 Cr
Floor 252504574 sqft (53.37 sqm)₹1.57 Cr
Floor 2525071,016 sqft (94.37 sqm)₹2.80 Cr
Floor 262604574 sqft (53.37 sqm)₹1.57 Cr
Floor 2626051,331 sqft (123.64 sqm)₹3.62 Cr
Floor 262606801 sqft (74.41 sqm)₹2.16 Cr
Floor 2626071,064 sqft (98.86 sqm)₹2.92 Cr
Floor 2727051,330 sqft (123.54 sqm)₹3.62 Cr
Floor 272706801 sqft (74.41 sqm)₹2.16 Cr
Floor 2727071,075 sqft (99.86 sqm)₹2.95 Cr
Floor 292904574 sqft (53.37 sqm)₹1.57 Cr
Floor 303004574 sqft (53.37 sqm)₹1.57 Cr
Floor 99051,193 sqft (110.8 sqm)₹2.99 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.

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 50 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Jade Avenue-Residential Wing1G+3950-

Unit mix on the filing: 50 residential.

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 Matunga Central, L N Road, Matunga Station Road, B A Road & Bhimani Street, Mumbai City, Mumbai City, 400019. Per the filed land record, the plot is bounded to the north by Bhimani Street, to the south by B A Road, to the east by Plot Nos 235-10 231-10 and231A-10 and to the west by L N 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 ~4 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Lower Parel / Worli business district4 km
Bandra Kurla Complex (BKC)5 km
Chhatrapati Shivaji Int'l Airport7 km
Powai / Hiranandani business park12 km
Andheri MIDC / SEEPZ12 km
Nariman Point / Fort12 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

Jairajhappyhomes is the promoter on 5 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 Jairajhappyhomes

Jairajhappyhomes
FlaggedMumbai City
Jairajhappyhomes
FlaggedMumbai Suburban
Jairajhappyhomes
FlaggedMumbai Suburban
Jairajhappyhomes
FlaggedMumbai Suburban

Other RERA-registered projects in Matunga

Balkrishna Hills
possession by Sep 2026 · Oriental Contractors Private Limited
Gulraj Paradise
possession by Sep 2026 · M/S Reliable Construction
Signare
Past its declared completion date · possession by Sep 2026 · Tejukaya Buildcon
Chhaya
possession by Dec 2026 · Fortune Realty
Jade Acharya
possession by Dec 2026 · Raghavendra Acharya & Others
Shayona
possession by Dec 2026 · Devesh Narendra Jani

Major developers building in Matunga

Other RERA-registered projects in Mumbai City

Jade Crest
possession by Sep 2026 · National Happy Homes
Jade Imperial
declared completion Mar 2023 · National Happy Homes
Jade Regency
possession by Dec 2031 · Happy Home Lifespaces LLP
Jade Solitaire
possession by Mar 2027 · National Happy Homes
Jade Vedant
declared completion Mar 2019 · National Happy Homes
Jade Wisteria
possession by Dec 2029 · Jess Construction Private Limited

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