MODI ARCADE

Delivery and registration

When is the project declared for completion?

MODI ARCADE is registered with MahaRERA as P51800054984 and the promoter has declared completion for 25 Sep 2029.

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

Source · MahaRERA project registration · read 12 Jul 2026

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for MODI ARCADE record 14 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

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

Promoter record

What else is this promoter on record for?

Rajendra Jethalal Modi is the promoter of record on 172 projects registered with MahaRERA, 25 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

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 MODI ARCADE, ₹3.98 Cr of a declared ₹7.00 Cr estimated project cost is reported as incurred, about 56.9%, as at the last certified filing with MahaRERA.

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 MODI ARCADE, 21 of 75 homes filed with MahaRERA are recorded as sold or booked (19 with registered agreements and 2 booked), about 28%, and 54 remain available.

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, ₹4.87 Cr (about 43%) is recorded as collected and ₹6.34 Cr as receivable. The project registers 99 homes in total, while this sold/unsold inventory filing covers 75 of them.

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

What buyers actually paid: across 19 registered agreements, the effective carpet rate is ₹20,820/sqft, with eight in ten falling between ₹20,287 and ₹23,627 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

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 19 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 19 homes carry one, and 54 of the 75 are recorded unsold.

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

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. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

In MODI ARCADE, 28 of the 54 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 53 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+10 and 99 homes are registered across the project.

Unit mix on the filing: 11 residential and 88 non-residential (shops/offices).

Legal and disputes

What disputes are disclosed?

1 complaint is on the MahaRERA record for MODI ARCADE, with orders passed in 1 of them.

Counts as disclosed in the project record.

Source · MahaRERA project disclosures · read 12 Jul 2026

Location, Land & Connectivity

Located at KANDIVALI WEST, NARAYAN JOSHI CROSS ROAD NO. 1, Borivali, Mumbai Suburban, 400067. Per the filed land record, the plot is bounded to the north by BY CTS NO 325 OF VILLAGE POINSUR, to the south by BY PROPERTY BELONGING TO MTNL, to the east by BY PUBLIC ROAD and to the west by BY PROPERTY BELONGING TO SHRI LALCHAND BHATIA. These are the boundaries as recorded in the filed land record.