Godrej Riviera Phase 1
MahaRERA Property Intelligence · Thane
P51700003336 · KALYAN · promoter Aadi Developers
| MahaRERA registration | P51700003336 |
| Registered on | 05 Aug 2017 |
| Promoter-declared completion | 30 Jun 2026 |
| Current status | Certificate Signed |
| Against today | about 1 months past 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, Aadi Developers is the promoter of record on 49 projects, of which 4 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.
MahaRERA's cost filing puts construction at ~86.4% of the estimated project cost incurred as of the last certificate (₹22.46 Cr spent against a ₹26.00 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 ~86.4% — 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.
Of 140 homes filed with MahaRERA, 97 are sold/booked (30 with registered agreements + 67 booked) and 43 remain available (~69% sold) — selling steadily. Buyers have committed ₹25.14 Cr in agreement value so far. Of that, ₹11.85 Cr (~47%) is already collected, ₹13.29 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 97 registered agreements, the effective carpet rate is ₹4,977/sqft (typical range ₹4,165–₹6,470) — 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.
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+13 and 140 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| BAYWALK | 1 | G+13 | 140 | - |
Unit mix on the filing: 140 residential.
5 complaints are on the MahaRERA record for this project, with orders passed in 3. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000199257 | 05/12/2021 | Mr. Gaurav Raikar and Mrs. Janhvi Raikar vs AADI Developers | order passed |
| CC006000000261985 | 20/07/2022 | MR.MUKESH CHANDRA MENARIA vs AADI DEVELOPER | order passed |
| CC12500260 | 25/01/2025 | Ishwar Narayandas Keswani vs AADI DEVELOPERS | order passed |
| CC12504510 | 17/12/2025 | AADI DEVELOPERS vs Ketan Bharat Panchmatia | pending / no order on file |
| CC12504520 | 18/12/2025 | AADI DEVELOPERS vs Ketan Bharat Panchmatia | pending / no order on file |
The promoter has declared 1 court case on this project to MahaRERA. 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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| District Consumer Disputes Redressal Commission | 605 | 2023 | Ongoing |
The promoter has had the MahaRERA completion deadline formally extended 5 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 |
|---|---|---|
| 30 Sep 2025 | 30 Sep 2025 | In accordance with Oder no 40 dated 27/12/2022 we are applying for Extension without majority consents of the allotees. The project is has completed 90% of the work, we require ext |
| 30 Sep 2025 | 29 Jun 2020 | The work has got delayed because of the implication of GST rules, which made the billing and accounts procedure slower because of the lack of proper understanding, thus affecting t |
| 30 Sep 2025 | 31 Dec 2021 | The Project has been delayed on account of various reasons beyond our control and more particularly due to Lockdown announced on account of pandemic of Covid-19. Due to this unprec |
| 30 Sep 2025 | 30 Sep 2023 | In accordance with circular no 28, we hereby apply for an extension of our project u/s 7(3). The project was delayed for reasons beyond our control on account of various reasons an |
| 30 Jun 2019 | 30 Jun 2026 | The reason for this extension request is to account for unforeseen delays in construction, which have impacted our timeline, as well as the time needed to finalize regulatory appro |
Located at KALYAN, KALYAN, Mumbai City, Mumbai City, 421102. Per the filed land record, the plot is bounded to the north by BY SURVEY NO 33, to the south by BY FOREST, to the east by BY SURVEY NO 30 and to the west by BY FOREST. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~34 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 34 km |
| Andheri MIDC / SEEPZ | 37 km |
| Chhatrapati Shivaji Int'l Airport | 39 km |
| Bandra Kurla Complex (BKC) | 40 km |
| Lower Parel / Worli business district | 48 km |
| Nariman Point / Fort | 54 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 LA PROMENADE BAYWALK?
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
Scan with any UPI app to pay · quietlist@kotak
Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
Not useful to your decision? Full refund — no questions asked.
Scan with any UPI app to pay · quietlist@kotak
Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
Free · Watch this project
We'll email you when this project's RERA record changes.
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