MahaRERA Property Intelligence · Mumbai City

La Mer Residences

P51900004434 · Byculla west · promoter Excellent Realtor Developers

Certificate SignedDue 31 Dec 2027

Delivery & Registration

MahaRERA registrationP51900004434
Registered on09 Aug 2017
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, Excellent Realtor Developers is the promoter of record on 3 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 ~24.8% of the estimated project cost incurred as of the last certificate (₹85.25 Cr spent against a ₹343.70 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 201 homes filed with MahaRERA, 69 are sold/booked and 132 remain available (~34% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹68.01 Cr in agreement value so far. Of that, ₹59.79 Cr (~88%) is already collected, ₹8.22 Cr receivable — a read on how far along these sales really are. Note: the project registers 242 homes in total, but this sold/unsold inventory filing covers only 201 of them — the other 41 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 69 registered agreements, the effective carpet rate is ₹32,781/sqft (typical range ₹18,466–₹48,889) — 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+46 and 242 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
La Mer Casa1G+4676-
OZONE BIZ CENTRE1G+16166-

Unit mix on the filing: 76 residential and 166 non-residential (shops/offices).

Complaints & Orders

12 complaints are on the MahaRERA record for this project, with orders passed in 7. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000005560401/08/2018MR. MUSTAFA ALI MANDIWALA vs Excellent Realtor Developersorder passed
CC00600000005768810/08/2019Nadeem Khan vs Excellent Realtor Developersorder passed
CC00600000007898322/04/2019CHARLES DSOUZA vs Excellent Realtor Developersorder passed
CC00600000019823008/10/2021mitali naidu vs Excellent Realtor Developersorder passed
CC00600000020975524/01/2022Shantilal Mehta vs M/s Excellence Realtors Developersorder passed
CC00600000039690601/08/2023Mohamed Shafi Adam Alware vs Excellent Realtor Developersorder passed
CC00600000042938522/02/2024execellent real;tors vs MITALI PRABHAKAR NAIDUorder passed
CC1250255224/07/2025MOHAMMED HANEEF ANSARI vs EXCELLENT REALTOR DEVELOPERSpending / no order on file
CC1250310503/09/2025Tasneem Mohamed Modi vs EXCELLENT REALTOR DEVELOPERSpending / no order on file
CC1250311504/09/2025Mohamed Abbasbhai Modi vs EXCELLENT REALTOR DEVELOPERSpending / no order on file
CC1260139013/03/2026SANOBER BAKSHI vs EXCELLENT REALTOR DEVELOPERSpending / no order on file
CC1260222115/04/2026Excellent Realtor Developer vs Ms Sanober Mohd Umer Bakshipending / no order on file

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 Dec 202731 Dec 2027DUE TO COVID-19 AND PERMISSION DELAY THE PROJECT WAS NOT ABLE TO GET COMPLETED ON TIME. WE WOULD LIKE TO REQUEST YOU TO FURTHER GRANT US EXTENSION TILL 31/12/2027

Location, Land & Connectivity

Located at Byculla west, Bellasis Road, Mumbai City, Mumbai City, 400008. Per the filed land record, the plot is bounded to the north by CS No 229 of Byculla Division, to the south by Bellasis Road, to the east by CS No 228 of Byculla Division and to the west by CS No 226 of Byculla Division. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Lower Parel / Worli business district3 km
Nariman Point / Fort5 km
Bandra Kurla Complex (BKC)12 km
Chhatrapati Shivaji Int'l Airport14 km
Powai / Hiranandani business park19 km
Andheri MIDC / SEEPZ19 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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Other RERA-registered projects in Byculla

Kings Tower
possession by Sep 2026 · Mohammed Eshaq ALI Vadgama
Shelaji Avenues
possession by Dec 2026 · Ashirwad Shelaji Developers LLP
Al - Haram Residency
possession by Dec 2026 · M/s K. S. Hind Developers
Baug E Umar
possession by Dec 2026 · Mahanagar Constructions Private Limited
Golden Residency
possession by Dec 2026 · Golden Realty
Lakadawala Heights
possession by Dec 2026 · Aariaash Developers

Major developers building in Byculla

Other RERA-registered projects in Mumbai City

La Verna
declared completion Dec 2019 · M/s Qaswa Enterprises
Labdhi Gardens Phase 1
declared completion Dec 2017 · Labdhi Lifestyle Limited
Labdhi Gardens Phase 2
declared completion May 2019 · Labdhi Lifestyle Limited
Labdhi Gardens Phase 3
declared completion May 2019 · Labdhi Lifestyle Limited
Labdhi Gardens Phase 4
declared completion Dec 2019 · Labdhi Lifestyle Limited
Labdhi Gardens Phase 5
declared completion Dec 2019 · Labdhi Lifestyle 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