MahaRERA Property Intelligence · Mumbai City

Kalpataru Azuro

P51900045295 · Nepean Sea Road · promoter Kalpataru Properties Limited

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP51900045295
Registered on12 May 2022
Promoter-declared completion31 Dec 2027
Current statusCertificate Signed
Against today17 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, Kalpataru Properties Limited is the promoter of record on 50 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 ~47.6% of the estimated project cost incurred as of the last certificate (₹43.00 Cr spent against a ₹90.41 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 14 homes filed with MahaRERA, 7 are sold/booked (6 with registered agreements + 1 booked) and 7 remain available (~50% sold) — selling steadily. Buyers have committed ₹225.11 Cr in agreement value so far. Of that, ₹107.97 Cr (~48%) is already collected, ₹117.14 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 7 registered agreements, the effective carpet rate is ₹110,997/sqft (typical range ₹95,297–₹126,766) — 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 141412,662 sqft (247.31 sqm)₹21.54 Cr
Floor 161612,644 sqft (245.67 sqm)₹21.40 Cr
Floor 171712,644 sqft (245.67 sqm)₹21.40 Cr
Floor 181812,644 sqft (245.67 sqm)₹21.40 Cr
Floor 262612,644 sqft (245.67 sqm)₹21.40 Cr
Floor 272712,644 sqft (245.67 sqm)₹21.40 Cr
Floor 282812,644 sqft (245.67 sqm)₹21.40 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+30 and 14 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Kalpataru Azuro1G+3014-

Unit mix on the filing: 14 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.

Legal & Litigation

The promoter has declared 1 court case on this project to MahaRERA. 1 is still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Bombay High Court273012016Pending

Location, Land & Connectivity

Located at Nepean Sea Road, Nepean Sea Road, Andheri, Mumbai Suburban, 400006. Per the filed land record, the plot is bounded to the north by CS No 1-590 of Malabar Cambala Hill Division, to the south by CS No 2-590 of Malabar-Cambala Hill Division, to the east by 27-45Mt Wide Road-Nepean Sea Road and to the west by Pt CS No 2A- 590 Pt 2-590 Malabar-Cambala Hill Div. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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

Kalpataru Properties Limited is the promoter on 4 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 Kalpataru Properties Limited

Kalpataru Properties Limited
FlaggedMumbai Suburban
Kalpataru Properties Limited
FlaggedMumbai City
Kalpataru Properties Limited
FlaggedMumbai City

Other RERA-registered projects in Malabar Hill

Lodha Malabar
possession by Jun 2027 · Lodha Developers Limited
Earth 280
possession by Aug 2027 · Earth Builders
Ruparel House
possession by Dec 2027 · R House Realty Private Limited
Waterview
possession by Jun 2028 · Lodha Developers Limited
Sambhav
possession by Dec 2028 · Helictite Residency Private Limited
Birla Anayu
possession by Mar 2029 · Birla Estates Private Limited

Major developers building in Malabar Hill

Other RERA-registered projects in Mumbai City

Kalpataru Oceana
possession by Dec 2026 · Kalpataru Properties Pvt. Ltd.
Kalpataru One - Wing A
possession by Mar 2032 · Kalpataru Properties Limited
Kalpataru One - Wing B
possession by Mar 2032 · Kalpataru Properties Limited
Kalpataru Prive
possession by Oct 2027 · Kalpataru Hills Residency Private Limite
Kalpavruksha Tower
declared completion Mar 2021 · Kalpavruksha
Kamal Kunj
declared completion Sep 2019 · National Happy Homes

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