Lakadawala Developers Pvt. Ltd.
MahaRERA Property Intelligence · Mumbai City
P51900007782 · promoter Lakadawala Developers Pvt
| MahaRERA registration | P51900007782 |
| Registered on | 18 Aug 2017 |
| Promoter-declared completion | 31 Dec 2029 |
| Current status | Certificate Signed |
| Against today | 41 months to 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, Lakadawala Developers Pvt is the promoter of record on 6 projects, of which 2 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.
Of 159 homes filed with MahaRERA, 72 are sold/booked and 87 remain available (~45% sold) — selling steadily. Buyers have committed ₹23.96 Cr in agreement value so far. Of that, ₹16.27 Cr (~68%) is already collected, ₹7.70 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 72 registered agreements, the effective carpet rate is ₹3,962/sqft (typical range ₹2,478–₹10,846) — 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+15 and 159 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| MAARIA | 1 | G+15 | 159 | - |
Unit mix on the filing: 146 residential and 13 non-residential (shops/offices).
1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000001275 | 07/11/2017 | PAWANKUMAR GUPTA vs LAKADWALA DEVELOPERS PVT LTD | order passed |
The promoter has declared 3 court cases on this project to MahaRERA. 3 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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| State Consumer | 531 | 2016 | Pending |
| State Consumer | 729 | 2015 | Pending |
| Ncbrc New Delhi | 276 | 2013 | Pending |
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 Jun 2025 | 31 Dec 2024 | As you are aware that last year was very tough phase for every person especially for Land Developers and Builders all work was halted due to pandemic since working labour to materi |
| 31 Jan 2021 | 31 Dec 2029 | Due to the delay in the Environment, Aviation and other permissions from the competent Authority for the Sale Building, further construction was stopped. Permission was expected in |
Located at JK BHASIN ROAD & AMBEDKAR ROAD, Mumbai City, Mumbai City, 400037. Per the filed land record, the plot is bounded to the north by 9 15 MT ROAD, to the south by JK BHASIN ROAD, to the east by AMBEDKAR ROAD and to the west by REFUGEECAMP. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~4 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Bandra Kurla Complex (BKC) | 4 km |
| Lower Parel / Worli business district | 6 km |
| Chhatrapati Shivaji Int'l Airport | 6 km |
| Powai / Hiranandani business park | 10 km |
| Andheri MIDC / SEEPZ | 11 km |
| Nariman Point / Fort | 13 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 MAARIA ANNEXE ?
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
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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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.
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Lakadawala Developers Pvt. Ltd. is the promoter on 3 MahaRERA-registered projects, of which 2 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:
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