MahaRERA Property Intelligence · Mumbai Suburban

LOTUS

P51800011190 · malad malvani village · promoter Rajeshwar Land Developers

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP51800011190
Registered on31 Aug 2017
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 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, Rajeshwar Land Developers is the promoter of record on 6 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 ~89.1% of the estimated project cost incurred as of the last certificate (₹23.16 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.

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 60 homes filed with MahaRERA, 39 are sold/booked and 21 remain available (~65% sold) — selling steadily. Buyers have committed ₹34.39 Cr in agreement value so far. Of that, ₹29.53 Cr (~86%) is already collected, ₹4.86 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 39 registered agreements, the effective carpet rate is ₹11,426/sqft (typical range ₹6,283–₹15,063) — 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 1101955 sqft (88.72 sqm)₹1.33 Cr
Floor 1102884 sqft (82.12 sqm)₹1.23 Cr
Floor 1103697 sqft (64.76 sqm)₹97.14 Lakh
Floor 131303697 sqft (64.76 sqm)₹97.14 Lakh
Floor 151503910 sqft (84.54 sqm)₹1.27 Cr
Floor 171701955 sqft (88.72 sqm)₹1.33 Cr
Floor 191903697 sqft (64.76 sqm)₹97.14 Lakh
Floor 2201955 sqft (88.72 sqm)₹1.33 Cr
Floor 2202884 sqft (82.12 sqm)₹1.23 Cr
Floor 2203697 sqft (64.76 sqm)₹97.14 Lakh
Floor 202001955 sqft (88.72 sqm)₹1.33 Cr
Floor 212102884 sqft (82.12 sqm)₹1.23 Cr
Floor 212103697 sqft (64.76 sqm)₹97.14 Lakh
Floor 3301955 sqft (88.72 sqm)₹1.33 Cr
Floor 3302884 sqft (82.12 sqm)₹1.23 Cr
Floor 3303697 sqft (64.76 sqm)₹97.14 Lakh
Floor 4401955 sqft (88.72 sqm)₹1.33 Cr
Floor 4403697 sqft (64.76 sqm)₹97.14 Lakh
Floor 7701955 sqft (88.72 sqm)₹1.33 Cr
Floor 8801955 sqft (88.72 sqm)₹1.33 Cr
Floor 8803856 sqft (79.52 sqm)₹1.19 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+22 and 60 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
LOTUS1G+2260-

Unit mix on the filing: 60 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 2 court cases on this project to MahaRERA. 2 are 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 Court5762016Pending
High Court24072016Pending

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 Oct 202030 Apr 2020There is an encroachment on the access road to the building. The Hon’ble High Court has directed to the Mumbai Municipal Corporation office to remove encroachments on the access ro
31 Dec 201831 Dec 2026Dear Sir/Ma’am, We, Rajeshwar Land Developers Private Limited, hereby declare the following with respect to the project “Lotus” bearing registration number P51800011190 registere

Location, Land & Connectivity

Located at malad malvani village, jari mari road, Borivali, Mumbai Suburban, 400095. Per the filed land record, the plot is bounded to the north by CTS NO 1372, to the south by CTS NO 1480, to the east by CTS NO 1487 and to the west by EXISTING 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 ~8 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Andheri MIDC / SEEPZ8 km
Powai / Hiranandani business park12 km
Chhatrapati Shivaji Int'l Airport12 km
Bandra Kurla Complex (BKC)15 km
Lower Parel / Worli business district21 km
Nariman Point / Fort29 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 Malad West

Anandam
possession by Aug 2026 · M/s Analiza Realty Pvt. Ltd.
95 West Composite
possession by Dec 2026 · Stans Buildtech Realty
BAY VUE
possession by Dec 2026 · H AND Y Realities Private Limited
Galaxy Heights Tower 1
possession by Dec 2026 · Maharashtra Police Cooperative Housing F
Royal Lagoon E Wing
possession by Dec 2026 · Rikki Ronie Developers
Royal Lagoon F Wing
possession by Dec 2026 · Rikki Ronie Developers

Other RERA-registered projects in Mumbai Suburban

Lotus Belleza
declared completion Jun 2022 · Lotus Enterprises
Lotus Celestia
possession by Dec 2030 · Valuemart Real Estate Private Limited
Lotus Link Square
declared completion Dec 2024 · Lotus Grih Nirman Private Limited
Lotus Niwas / Satya Niwas
declared completion Sep 2020 · K L Ventures And Enterprises
Lotus Prestige
declared completion Dec 2017 · Essen Builders And Developers
Lotus Residency
declared completion Dec 2024 · Lotus Logistics And Developers Pvt Ltd

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