MINERVA

Delivery & Registration

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.

• Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (FY 2025-2026).

Builder Track Record

Across MahaRERA, Lokhandwala Kataria Construction is the promoter of record on 4 projects, of which 1 carries 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.

Sales & Inventory

Of 372 homes filed with MahaRERA, 304 are sold/booked and 68 remain available (~82% sold) — selling steadily. Buyers have committed ₹2070.88 Cr in agreement value so far. Of that, ₹2002.41 Cr (~97%) is already collected, ₹252.19 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 304 registered agreements, the effective carpet rate is ₹41,851/sqft (typical range ₹30,394–₹53,516) — 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.

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+41 and 372 homes are registered across the project.

Unit mix on the filing: 372 residential.

Complaints & Orders

54 complaints are on the MahaRERA record for this project, with orders passed in 50. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Legal & Litigation

The promoter has declared 3 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.

Deadline Extensions

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.

Location, Land & Connectivity

Located at LOWER PAREL, J R BORICHA MARG, Ward GSouth, Mumbai City, 400011. Per the filed land record, the plot is bounded to the north by J R BORICHA MARG, to the south by REHAB BUILDINGS, to the east by APOLLO MILL and to the west by J R BORICHA MARG. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~1 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

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.

Other RERA-registered projects in Byculla

Major developers building in Byculla

Other RERA-registered projects in Mumbai City

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.