Mumbai/Project record

MahaRERA · the public record

MASCARENHAS APARTMENT

I C COLONY · SAI UNIVERSAL REALTORS & DEVELOPERS LLP

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7units filed as unsoldInventory · 12 September 2026
31 Dec 2026declared completionMahaRERA registration · read 12 Jul 2026
14registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

31 Dec 2026

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P51800020282

Delivery and registration

When is the project declared for completion?

MASCARENHAS APARTMENT is registered with MahaRERA as P51800020282 and the promoter has declared completion for 31 Dec 2026.

31 Dec 2026

declared completion

3months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP51800020282
Registered on02 Apr 2019
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today3 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for MASCARENHAS APARTMENT record 28 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • QPR non-compliance — flagged by MahaRERA for not filing its mandatory quarterly progress reports.
  • Filing progress reports — 28 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Sai Universal Realtors is the promoter of record on 85 projects registered with MahaRERA, 9 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

85projects

registered with MahaRERA

9flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In MASCARENHAS APARTMENT, ₹7.78 Cr of a declared ₹13.90 Cr estimated project cost is reported as incurred, about 56.0%, as at the last certified filing with MahaRERA.

56.0%

₹7.78 Cr

of ₹13.90 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In MASCARENHAS APARTMENT, 6 of 14 homes filed with MahaRERA are recorded as sold or booked, about 43%, and 8 remain available.

43%sold

6 of 14 homes

₹5.88 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹2.57 Cr (about 44%) is recorded as collected and ₹3.31 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 6 registered agreements, the effective carpet rate is ₹19,979/sqft, with eight in ten falling between ₹17,507 and ₹24,379 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.

FloorUnitCarpetGovt reckoner value
Floor 1102333 sqft (30.93 sqm)₹51.93 Lakh
Floor 3301334 sqft (31.03 sqm)₹51.93 Lakh
Floor 4403503 sqft (46.69 sqm)₹78.38 Lakh
Floor 5504503 sqft (46.69 sqm)₹78.38 Lakh
Floor 6604503 sqft (46.69 sqm)₹78.36 Lakh
Floor 7701443 sqft (41.14 sqm)₹68.54 Lakh
Floor 7702440 sqft (40.87 sqm)₹68.56 Lakh
Floor 7704503 sqft (46.69 sqm)₹78.36 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 12 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 7 homes carry one, and 7 of the 14 are recorded unsold. Since we started watching this ledger, 2 homes have moved out of the unsold list, most recently on 04 September 2026.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
701443 sqftRs 94.38 lakh typical, over Rs 80.00 lakh to Rs 1.0368 cr3 filed at this size

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today.

In MASCARENHAS APARTMENT, 5 of the 7 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 6 homes — ₹2,999 →

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+8 and 14 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Mascarenhas Apartment1G+81431 Dec 2020

Unit mix on the filing: 14 residential.

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Deadline Extensions

The MahaRERA completion deadline for this project has been formally extended 2 times, as recorded on the register.

FromExtended toStated reason
as registered31 Mar 2026DUE TO SHORTGAE OF FUNDS PROJECT COULD NOT COMPLETED IN TIME.
31 Mar 202631 Dec 2026We are awaiting OC from the Local Authority, hence there has been a slight delay in completion of the project

Location, Land & Connectivity

Located at I C COLONY, IC COLONY MAIN ROAD, Borivali, Mumbai Suburban, 400103. Per the filed land record, the plot is bounded to the north by CTS NO 1332, to the south by CTS NO 1335, to the east by IC COLONY 13 M EXISTING MAIN ROAD and to the west by CTS NO 1333 PART. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~13 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Andheri MIDC / SEEPZ13 km
Powai / Hiranandani business park15 km
Chhatrapati Shivaji Int'l Airport17 km
Bandra Kurla Complex (BKC)20 km
Lower Parel / Worli business district28 km
Nariman Point / Fort36 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.

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Builder track record

SAI Universal Realtors & Developers LLP is the promoter on 3 MahaRERA-registered projects, of which 3 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:

Other flagged projects by SAI Universal Realtors & Developers LLP

SAI Universal Realtors & Developers LLP
Not filing quarterly progress reportsMumbai Suburban
SAI Universal Realtors & Developers LLP
Past its declared completion datePalghar

Other RERA-registered projects in Borivali West

Borivali Madhumas Chsl
possession by Dec 2026 · Aadhunik Developers
Borivali SAI Hill CHS
possession by Dec 2026 · THE Green Venturez Realtors
Empire Fairmont
possession by Dec 2026 · Empire Realty
Maruti Residency
possession by Dec 2026 · OM Construction
NEW Siddharth CO-Operative Housing Society LTD
possession by Dec 2026 · Not Available
Optimus
possession by Dec 2026 · Panchnaad Developers

Major developers building in Borivali West

Other RERA-registered projects in Mumbai Suburban

Mass Ionics
declared completion Jun 2026 · Mass Buildsquare Structure Private Limit
Mass Marquise
possession by Dec 2029 · Mass Urban Development Corporation
Mass Metropolis
possession by Sep 2026 · Grace Urban Development Corporation
Mass U-Foria
declared completion Dec 2024 · Grace Mass Housing Corporation
Mass Zainab Heights
possession by Dec 2026 · Mass ZIA Development Corporation
Mass Zainab Sky
possession by Dec 2030 · Mass ZIA Development Corporation

What to verify (QPR non-filer)

  1. Cross-check the developer's last QPR filing date on the MahaRERA portal — non-filing can indicate stalled construction.
  2. Visit the site (or request a third-party inspection report) to verify actual construction progress.
  3. If no QPR has been filed for more than two quarters, file a complaint with MahaRERA for non-disclosure.

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: 20 Sep 2026