MahaRERA Property Intelligence · Mumbai Suburban
P51800002532 · Barve Nagar Bhatwadi · promoter Neumec Estate Developer
| MahaRERA registration | P51800002532 |
| Registered on | 01 Aug 2017 |
| Promoter-declared completion | 31 Dec 2027 |
| Current status | Certificate Signed |
| Against today | 17 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 Estate Developer 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.
Of 147 homes filed with MahaRERA, 111 are sold/booked (100 with registered agreements + 11 booked) and 36 remain available (~76% sold) — selling steadily. Buyers have committed ₹71.99 Cr in agreement value so far. Of that, ₹50.42 Cr (~70%) is already collected, ₹21.57 Cr receivable — a read on how far along these sales really are. Note: the project registers 293 homes in total, but this sold/unsold inventory filing covers only 147 of them — the other 146 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 110 registered agreements, the effective carpet rate is ₹12,393/sqft (typical range ₹9,771–₹15,752) — 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 | 101-C | 657 sqft (61.04 sqm) | ₹86.29 Lakh |
| Floor 1 | 102-C | 423 sqft (39.3 sqm) | ₹55.56 Lakh |
| Floor 1 | 103-C | 557 sqft (51.75 sqm) | ₹73.16 Lakh |
| Floor 1 | 104-A | 493 sqft (45.84 sqm) | ₹64.80 Lakh |
| Floor 1 | 104-C | 658 sqft (61.13 sqm) | ₹86.42 Lakh |
| Floor 10 | 1001-A | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Floor 10 | 1001-B | 293 sqft (27.22 sqm) | ₹38.48 Lakh |
| Floor 10 | 1002-A | 288 sqft (26.76 sqm) | ₹37.83 Lakh |
| Floor 10 | 1003-A | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Floor 10 | 1007-A | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Floor 10 | 1008-A | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Floor 10 | 1009-A | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Floor 3 | 304-A | 493 sqft (45.84 sqm) | ₹64.80 Lakh |
| Floor 8 | 818-B | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Floor 9 | 901-A | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Floor 9 | 901-B | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Floor 9 | 902-A | 493 sqft (45.81 sqm) | ₹64.76 Lakh |
| Floor 9 | 902-A | 288 sqft (26.76 sqm) | ₹37.83 Lakh |
| Floor 9 | 902-B | 476 sqft (44.26 sqm) | ₹62.57 Lakh |
| Floor 9 | 902-B | 291 sqft (27.03 sqm) | ₹38.21 Lakh |
| Floor 9 | 903-A | 814 sqft (75.62 sqm) | ₹1.07 Cr |
| Floor 9 | 903-B | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Floor 9 | 904-A | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Floor 9 | 904-B | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Floor 9 | 904-C | 682 sqft (63.36 sqm) | ₹89.57 Lakh |
| Floor 9 | 905-A | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Floor 9 | 905-B | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Floor 9 | 906-A | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Floor 9 | 906-B | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Floor 9 | 907-A | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Floor 9 | 907-B | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Floor 9 | 908-A | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Floor 9 | 908-B | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Floor 9 | 909-A | 293 sqft (27.22 sqm) | ₹38.48 Lakh |
| Floor 9 | 909-B | 292 sqft (27.13 sqm) | ₹38.35 Lakh |
| Ground/Floor 0 | SHOP NO-8 | 167 sqft (15.48 sqm) | ₹24.29 Lakh |
⚠ The inventory filing also declares: 11 reserved and 2 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.
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 293 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| NEUMEC SRUSHTI SALE BUILDING | 1 | G+10 | 115 | - |
| NEUMEC SRUSHTI REHAB BUILDING | 1 | G+9 | 178 | - |
Unit mix on the filing: 285 residential and 8 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
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 Jun 2023 | In accordance with circular no 28, we hereby apply for extension of the project u/s 6 in Format B. The project was delayed for reasons beyond our control on account of various reas |
| 30 Jun 2025 | 30 Jun 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 Jun 2022 | 31 Dec 2027 | I, hereby apply for extension as per Order No. 40 Dated 27/12/2022 of the registered project bearing vide no P51800002532 .As per HEARING DATED 25th June 2025, Hon'ble Shri Manoj S |
Located at Barve Nagar Bhatwadi, Ram Joshi Marg, Mumbai City, Mumbai City, 400084. Per the filed land record, the plot is bounded to the north by cts no 54 55 56 57, to the south by R B KADAM MARG, to the east by cts no 50 51 52 and to the west by cts no 63 64 318. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Powai / Hiranandani business park | 2 km |
| Chhatrapati Shivaji Int'l Airport | 4 km |
| Bandra Kurla Complex (BKC) | 5 km |
| Andheri MIDC / SEEPZ | 5 km |
| Lower Parel / Worli business district | 13 km |
| Nariman Point / Fort | 21 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 Srushti?
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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Neumec Estate Developer LLP 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