MahaRERA Property Intelligence · Mumbai Suburban

NEW SAILEE HERITAGE

P51800017631 · KANDIVALI · promoter Saileedevelopers

Certificate SignedDue 29 Oct 2029

Delivery & Registration

MahaRERA registrationP51800017631
Registered on29 Aug 2018
Promoter-declared completion29 Oct 2029
Current statusCertificate Signed
Against today39 months to the declared date

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.

Builder Track Record

Across MahaRERA, Saileedevelopers is the promoter of record on 2 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.

Construction Progress

MahaRERA's cost filing puts construction at ~12.3% of the estimated project cost incurred as of the last certificate (₹11.78 Cr spent against a ₹96.16 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.

Sales & Inventory

Of 81 homes filed with MahaRERA, 17 are sold/booked (16 with registered agreements + 1 booked) and 64 remain available (~21% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. Buyers have committed ₹18.89 Cr in agreement value so far. Of that, ₹9.42 Cr (~50%) is already collected, ₹9.47 Cr receivable — a read on how far along these sales really are. Note: the project registers 184 homes in total, but this sold/unsold inventory filing covers only 81 of them — the other 103 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 17 registered agreements, the effective carpet rate is ₹15,089/sqft (typical range ₹13,530–₹27,441) — 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+23 and 184 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
WING A1G+23111-
WING B1G+1973-

Unit mix on the filing: 175 residential and 9 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Legal & Litigation

The promoter has declared 2 court cases on this project to MahaRERA. 2 are 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.

CourtCase no.YearStatus
Co Operative CourtCCIV/192/20132013Pending
Co Operative CourtCCIV/96/20152015Pending

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 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 Oct 202429 Oct 2025DUE TO COVID 19 NOT ABLE TO COMPLETE PROJECT PLEASE GRANT US EXTENSION TILL 29/10/2025
30 Oct 202429 Oct 2029We, M/s. Sailee Developers, having registered office address at A/004, Prathamesh Horizon Co-Operative Housing Society Ltd., New Link Road, Opp Don Bosco School, Borivali (West), M

Location, Land & Connectivity

Located at KANDIVALI, NA, Borivali, Mumbai Suburban, 400067. Per the filed land record, the plot is bounded to the north by CTS NO 289, to the south by CTS NO 601 604 596 AND 598, to the east by CTS NO 604 AND 605 and to the west by 60FT DP ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

🔒 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.

Unlock in the ₹999 report →

🔒 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.

Unlock in the ₹2,999 report →

🔒 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.

Unlock in the ₹999 report →

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Builder track record

Saileedevelopers 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:

Other flagged projects by Saileedevelopers

Saileedevelopers
Registration suspendedMumbai Suburban

Other RERA-registered projects in Kandivali West

Primrose
possession by Jul 2026 · Kaustubh Construction Private Limited
Harmony
possession by Aug 2026 · Shreenath Associates
Laxmi Heights
possession by Sep 2026 · M/S Laxmi Lifespaces
Mahavir Majesty
possession by Sep 2026 · Mahavir Builders
Neelam CHS LTD
possession by Sep 2026 · Sapriya Developers
Alok
possession by Sep 2026 · Shree Dhanesh Buildcon

Major developers building in Kandivali West

Other RERA-registered projects in Mumbai Suburban

New Saket Co-Operative Housing Society Ltd
declared completion Jun 2026 · SM Magnate Construction
NEW Sangeeta Chs/ Valdariya Constructions
declared completion Dec 2019 · Pinkesh Popatlal Jain
NEW Santacruz Suchit CO Operative Housing Society LTD
declared completion Dec 2019 · Shastriji Developers LLP
NEW Shelter CO OP Housing Society LTD
declared completion Dec 2025 · Kaavish Shelter LLP
New Shiv Krupa Chsl Triveni Contour
declared completion Dec 2023 · Triveni Developers
NEW Siddharth CO-Operative Housing Society LTD
possession by Dec 2026 · Not Available

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

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