Geopreneur Spire Realty
MahaRERA Property Intelligence · Mumbai Suburban
P51800011901 · Khernagar · promoter Geopreneur Spire Realty
| MahaRERA registration | P51800011901 |
| Registered on | 31 Aug 2017 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 5 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, Geopreneur Spire Realty is the promoter of record on 4 projects, of which 3 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 ~64.8% of the estimated project cost incurred as of the last certificate (₹83.25 Cr spent against a ₹128.42 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.
Of 68 homes filed with MahaRERA, 52 are sold/booked (18 with registered agreements + 34 booked) and 16 remain available (~76% sold) — selling steadily. Buyers have committed ₹97.95 Cr in agreement value so far. Of that, ₹42.03 Cr (~43%) is already collected, ₹60.53 Cr receivable — a read on how far along these sales really are. Note: the project registers 127 homes in total, but this sold/unsold inventory filing covers only 68 of them — the other 59 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 52 registered agreements, the effective carpet rate is ₹26,502/sqft (typical range ₹15,501–₹29,002) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | 2bhk | 780 sqft (72.46 sqm) | ₹1.95 Cr |
| Floor 10 | 2bhk | 780 sqft (72.46 sqm) | ₹1.95 Cr |
| Floor 11 | 2bhk | 780 sqft (72.46 sqm) | ₹1.95 Cr |
| Floor 13 | 2bhk | 780 sqft (72.46 sqm) | ₹1.95 Cr |
| Floor 14 | 2bhk | 780 sqft (72.46 sqm) | ₹1.95 Cr |
| Floor 14 | 2bhk | 780 sqft (72.46 sqm) | ₹1.95 Cr |
| Floor 2 | 2bhk | 780 sqft (72.46 sqm) | ₹1.95 Cr |
| Floor 2 | 2bhk | 780 sqft (72.46 sqm) | ₹1.95 Cr |
| Floor 3 | 2bhk | 780 sqft (72.46 sqm) | ₹1.95 Cr |
| Floor 3 | 2bhk | 780 sqft (72.46 sqm) | ₹1.95 Cr |
| Floor 5 | 2bhk | 780 sqft (72.46 sqm) | ₹1.95 Cr |
| Floor 7 | 2bhk | 780 sqft (72.46 sqm) | ₹1.95 Cr |
| Floor 8 | 2bhk | 780 sqft (72.46 sqm) | ₹1.95 Cr |
| Floor 8 | 2bhk | 780 sqft (72.46 sqm) | ₹1.95 Cr |
| Floor 9 | 2bhk | 780 sqft (72.46 sqm) | ₹1.95 Cr |
| Floor 9 | 2bhk | 780 sqft (72.46 sqm) | ₹1.95 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.
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+18 and 127 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| MAYUR TOWER A WING REHAB | 1 | G+18 | 59 | - |
| MAYUR TOWER B WING SALE | 1 | G+18 | 68 | 31 Mar 2019 |
Unit mix on the filing: 127 residential.
10 complaints are on the MahaRERA record for this project, with orders passed in 10. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000209756 | 28/01/2022 | Joydeep Mathias vs Geoprenueur Spire Realty | order passed |
| CC006000000209987 | 11/02/2022 | AnkurArun Bagaria vs M/s Geopreneur Spire Realty | order passed |
| CC006000000210222 | 02/03/2022 | Rahul Arun Bagaria vs M/s Geopreneur Spire Realty | order passed |
| CC006000000396347 | 20/06/2023 | Yashvi Dhiren Panchal vs Geopreneur Spire Realty | order passed |
| CC006000000054698 | 01/06/2018 | SUNIL DEVNANI vs M/S ADITYA ENTERPRISES | order passed |
| CC006000000591541 | 14/08/2024 | Tapan Ray vs M/s Geopreneur Spire Realty | order passed |
| CC12503074 | 01/09/2025 | Jayant Mavlankar vs Geopreneur Spire Realty | order passed |
| CC12600264 | 15/01/2026 | Samir Mody vs Geopreneur Spire Realty | order passed |
| CC12600272 | 15/01/2026 | Vishal Sharma vs Geopreneur Spire Realty | order passed |
| CC12600273 | 15/01/2026 | Margi Joy Desai vs Geopreneur Spire Realty | order passed |
The promoter has declared 4 court cases 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 |
|---|---|---|---|
| Bombay High Court | 114 of 2016 | 2016 | The Matter Is Converted To Suit Number Nine Hundred Sixty Two Of Two Thousand Fifteen |
| Bombay High Court | 250 OF 2016 | 2016 | The Matter Is Converted To Suit Number Nine Hundred Eighty Four Of Two Thousand Fifteen |
| Bombay High Court | 962 of 2015 | 2015 | Disposed |
| Bombay High Court | 984 of 2015 | 2015 | Disposed |
The promoter has had the MahaRERA completion deadline formally extended 3 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 | 30 Mar 2020 | we have received Commencement Certificate from Municipal Corporation of Greater Mumbai on 31st December 2010 and further extended upto 12th floor part on 31st October 2014, thereaf |
| 30 Jun 2025 | 31 Dec 2024 | Vide a Notification of Urban Development Department, Govt. of Maharashtra u/no. TPB/4315/167/CR-51/2015/UD-II dated 23rd May, 2018. Govt. of Maharashtra appointed MHADA as planning |
| 31 Mar 2019 | 31 Dec 2026 | Delay in Approvals from Govt. Authorities & MHADA |
Located at Khernagar, Khernagar, Borivali, Mumbai Suburban, 400051. Per the filed land record, the plot is bounded to the north by 12-20m wide existing road, to the south by Existing building no 31, to the east by Existing building no 16 and to the west by Existing building no 18. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Bandra Kurla Complex (BKC) | 3 km |
| Chhatrapati Shivaji Int'l Airport | 4 km |
| Lower Parel / Worli business district | 7 km |
| Andheri MIDC / SEEPZ | 8 km |
| Powai / Hiranandani business park | 9 km |
| Nariman Point / Fort | 15 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 Mayur Tower?
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.
Geopreneur Spire Realty is the promoter on 2 MahaRERA-registered projects, of which 1 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