MahaRERA Property Intelligence · Mumbai Suburban

LAKE RIVIERA WING C

P51800018480 · CHANDIVALI · promoter Pashmina Realty Private

Certificate SignedDue 29 Jun 2025

Delivery & Registration

MahaRERA registrationP51800018480
Registered on05 Nov 2018
Promoter-declared completion29 Jun 2025
Current statusCertificate Signed
Against todayabout 13 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, Pashmina Realty Private 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 ~72.2% of the estimated project cost incurred as of the last certificate (₹35.19 Cr spent against a ₹48.73 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 ~72.2% — 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 75 homes filed with MahaRERA, 56 are sold/booked and 19 remain available (~75% sold) — selling steadily. Buyers have committed ₹97.78 Cr in agreement value so far. Of that, ₹54.25 Cr (~55%) is already collected, ₹43.54 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 56 registered agreements, the effective carpet rate is ₹22,133/sqft (typical range ₹19,130–₹24,985) — 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 1C-0203705 sqft (65.5 sqm)₹1.25 Cr
Floor 1C-0204705 sqft (65.5 sqm)₹1.25 Cr
Floor 16C-1701735 sqft (68.28 sqm)₹1.30 Cr
Floor 16C-1702995 sqft (92.44 sqm)₹1.76 Cr
Floor 16C-1703705 sqft (65.5 sqm)₹1.25 Cr
Floor 16C-1704705 sqft (65.5 sqm)₹1.25 Cr
Floor 17C-1801735 sqft (68.28 sqm)₹1.30 Cr
Floor 17C-1802995 sqft (92.44 sqm)₹1.76 Cr
Floor 17C-1803705 sqft (65.5 sqm)₹1.25 Cr
Floor 17C-1804705 sqft (65.5 sqm)₹1.25 Cr
Floor 18C-1901735 sqft (68.28 sqm)₹1.30 Cr
Floor 18C-1902995 sqft (92.44 sqm)₹1.76 Cr
Floor 18C-1904705 sqft (65.5 sqm)₹1.25 Cr
Floor 19C-2001735 sqft (68.28 sqm)₹1.30 Cr
Floor 19C-2002995 sqft (92.44 sqm)₹1.76 Cr
Floor 19C-2003705 sqft (65.5 sqm)₹1.25 Cr
Floor 19C-2004705 sqft (65.5 sqm)₹1.25 Cr
Floor 20C-1903705 sqft (65.5 sqm)₹1.25 Cr
Floor 7C-0803705 sqft (65.5 sqm)₹1.25 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+23 and 75 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
LAKE RIVIERA WING C1G+237531 Dec 2022

Unit mix on the filing: 75 residential.

Complaints & Orders

17 complaints are on the MahaRERA record for this project, with orders passed in 14. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000039722229/08/2023MRS SANTOSH BANSAL vs PASHMINA REALTY PVT LTDorder passed
CC00600000039733003/09/2023GAURAV GWALIA vs PASHMINA REALTY PVT LTDorder passed
CC00600000039738011/09/2023VICKRANT BAJARIA vs PASHMINA REALTY PVT LTDorder passed
CC00600000040822427/12/2023Rahul Sudhir Baisakhiya vs Pashmina Realty Pvt. Ltd.order passed
CC00600000051067612/06/2024JATIN JANAK SIRSIKAR vs PASHMINA REALTY PVT LTDorder passed
CC1250309303/09/2025PASHMINA REALTY PRIVATE LIMITED vs Mrs Santosh Bansalorder passed
CC1250309503/09/2025PASHMINA REALTY PRIVATE LIMITED vs Vickrant Bajariaorder passed
CC1250309603/09/2025PASHMINA REALTY PRIVATE LIMITED vs Rahul Baisakhiyaorder passed
CC1250309703/09/2025PASHMINA REALTY PRIVATE LIMITED vs Jatin Janak Sirsikarorder passed
CC1260055401/02/2026MITI CHAKRABORTY vs PASHMINA REALTY PRIVATE LIMITEDorder passed
CC1250415725/11/2025Ankush Anoop Kannaw vs PASHMINA REALTY PRIVATE LIMITEDorder passed
CC1250416425/11/2025Pradeep Mendon vs PASHMINA REALTY PRIVATE LIMITEDorder passed
CC1250459323/12/2025Sanket Hanmantrao Jambure Deshmukh vs PASHMINA REALTY PRIVATE LIMITEDorder passed
CC1260084515/02/2026Saikat Roy vs PASHMINA REALTY PRIVATE LIMITEDorder passed
CC1260411301/07/2026Minie Varghese vs PASHMINA REALTY PRIVATE LIMITEDpending / no order on file
CC1260433611/07/2026Naeem Kachwala vs PASHMINA REALTY PRIVATE LIMITEDpending / no order on file
CC1260433711/07/2026Shamina Saif Kachwala vs PASHMINA REALTY PRIVATE LIMITEDpending / no order on file

Legal & Litigation

The promoter has declared 6 court cases 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
High Court52015Pending
Maharashtra Real Estate Regulatory AuthorityCC0060000003753952023Ongoing
Maharera Real Estate Regulatory AuthorityCC0060000003973802023Ongoing
Maharashtra Real Estate Regulatory AuthorityCC0060000003972222023Ongoing
Maharashtra Real Estate Regulatory AuthorityCC0060000004082242023Ongoing
Maharashtra Real Estate Regulatory AuthorityCC060000005106762024Ongoing

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 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 Dec 202329 Dec 2024The SRA issued the First Stop Work Order dated 31st March, 2021 and the construction vis-à-vis the project was stopped. The SRA withdrew the First Stop Work Order on 22nd April, 20
30 Dec 202329 Jun 2025We are filing this Application in order to seek an exclusion of time of 6 (six) months that was unproductive and unused due to the stop work notices issued by the Slum Rehabilitati

Location, Land & Connectivity

Located at CHANDIVALI, IRB ROAD , Ward GSouth, Mumbai City, 400072. Per the filed land record, the plot is bounded to the north by N19 115893 E72 902636, to the south by N19 113295 E72 903059, to the east by N19 114802 E72 903003 and to the west by N19 114820 E72 902482. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~0 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Powai / Hiranandani business park0 km
Andheri MIDC / SEEPZ4 km
Chhatrapati Shivaji Int'l Airport5 km
Bandra Kurla Complex (BKC)7 km
Lower Parel / Worli business district15 km
Nariman Point / Fort23 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

Pashmina Realty Private Limited is the promoter on 3 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 Pashmina Realty Private Limited

Pashmina Realty Private Limited
FlaggedMumbai Suburban
Pashmina Realty Private Limited
FlaggedMumbai Suburban

Other RERA-registered projects in Powai

Godrej Urban Park
possession by Sep 2026 · Godrej Properties Limited
55 Corporate Avenue Building NO 2
possession by Dec 2026 · THE Cannonade Construction Company PVT L
Ibis At L And T Realty Elixir Reserve
possession by Dec 2026 · Larsen & Toubro Ltd.
Leo Heights
Not filing quarterly progress reports · possession by Dec 2026 · Sir George P Joseph
Somani 72 East
possession by Dec 2026 · Nircon Developers PVT LTD
72 Marina - Phase I - Tierra And Torres
possession by Dec 2026 · D S Developers

Major developers building in Powai

Other RERA-registered projects in Mumbai Suburban

Lake Riviera Wing D
possession by Dec 2027 · Pashmina Realty PVT LTD
Lakeview Villas
possession by Feb 2029 · Agarwal Holdings Pvt. Ltd.
Lakshmi Eternia
possession by Sep 2027 · Lakshmi Builders Developer LLP
Lakshmi Solitaire
possession by Dec 2026 · Lakshmi Builders AND Developers
Lakshmi Vani
declared completion Oct 2018 · Tridhaatu Realty & Infra Pvt Limited
Lalani Goodwill Building NO 1
possession by Jun 2028 · Lalani Constructions 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