Neumec Venture
MahaRERA Property Intelligence · Mumbai Suburban
P51800003319 · promoter Neumec Venture
| MahaRERA registration | P51800003319 |
| Registered on | 05 Aug 2017 |
| Promoter-declared completion | 30 Sep 2027 |
| Current status | Certificate Signed |
| Against today | 14 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, Neumec Venture is the promoter of record on 10 projects, of which none currently 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 ~51.4% of the estimated project cost incurred as of the last certificate (₹6.00 Cr spent against a ₹11.68 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 16 homes filed with MahaRERA, 16 are sold/booked and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹19.34 Cr in agreement value so far. Of that, ₹13.43 Cr (~69%) is already collected, ₹5.91 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 16 registered agreements, the effective carpet rate is ₹24,364/sqft (typical range ₹10,073–₹47,878) — 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+10 and 16 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| NEUMEC NIWARA | 1 | G+10 | 16 | - |
Unit mix on the filing: 14 residential and 2 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 |
|---|---|---|---|
| CC006000000001670 | 02/11/2017 | Parshuram Mahadev Shirsat vs Mr. Nilesh H. Gunjal,Mr. Ghevarchand Jain,Mr. Rajesh Jain | order passed |
The promoter has had the MahaRERA completion deadline formally extended 5 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 |
|---|---|---|
| 31 Mar 2025 | 30 Mar 2020 | REASON EXPLAINED IN ATTACHMENT |
| 31 Mar 2025 | 30 Jun 2022 | The Project has been delayed on account of various reasons beyond our control and more particularly due to Lockdown announced on account of pandemic of Covid-19. Due to this unprec |
| 31 Mar 2025 | 31 Mar 2025 | In accordance with circular no 28, we hereby apply for extension of our project u/s 7(3) in Format B. The project was delayed for reasons beyond our control on account of various r |
| 30 Mar 2020 | 30 Sep 2026 | The delay was mainly occurred due to realignment of PG reservation on the Project land and obtaining various sanctions approvals etc. from the competent authority in that behalf in |
| 30 Mar 2020 | 30 Sep 2027 | The project completion has been delayed due to pending finishing and development work, along with delays in obtaining necessary approvals from concerned authorities. The remaining |
Located at Mumbai Suburban, Ward ABCD, Mumbai City, 400057. Per the filed land record, the plot is bounded to the north by 420, to the south by 418B, to the east by 418 C1 and to the west by 418B. 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 |
|---|---|
| Chhatrapati Shivaji Int'l Airport | 2 km |
| Andheri MIDC / SEEPZ | 4 km |
| Bandra Kurla Complex (BKC) | 4 km |
| Powai / Hiranandani business park | 6 km |
| Lower Parel / Worli business district | 12 km |
| Nariman Point / Fort | 20 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 Neumec Niwara?
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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Neumec Venture is the promoter on 2 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).
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