Raheja Exotica Downtown
MahaRERA Property Intelligence · Mumbai Suburban
P51800049811 · versova · promoter Star Construction
| MahaRERA registration | P51800049811 |
| Registered on | 24 Feb 2023 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 5 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, Star Construction is the promoter of record on 170 projects, of which 20 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 111 homes filed with MahaRERA, 93 are sold/booked and 18 remain available (~84% sold) — selling steadily. Buyers have committed ₹89.32 Cr in agreement value so far. Of that, ₹80.87 Cr (~91%) is already collected, ₹8.45 Cr receivable — a read on how far along these sales really are. Note: the project registers 161 homes in total, but this sold/unsold inventory filing covers only 111 of them — the other 50 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 93 registered agreements, the effective carpet rate is ₹22,493/sqft (typical range ₹20,660–₹28,985) — 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 | 104 | 623 sqft (57.89 sqm) | ₹1.17 Cr |
| Floor 16 | 1604 | 623 sqft (57.89 sqm) | ₹1.29 Cr |
| Floor 17 | 1705 | 706 sqft (65.56 sqm) | ₹1.46 Cr |
| Floor 18 | 1804 | 623 sqft (57.89 sqm) | ₹1.29 Cr |
| Floor 18 | 1805 | 706 sqft (65.56 sqm) | ₹1.46 Cr |
| Floor 18 | 1806 | 300 sqft (27.88 sqm) | ₹62.02 Lakh |
| Floor 19 | 1905 | 706 sqft (65.56 sqm) | ₹1.46 Cr |
| Floor 2 | 204 | 623 sqft (57.89 sqm) | ₹1.17 Cr |
| Floor 21 | 2103 | 300 sqft (27.88 sqm) | ₹71.32 Lakh |
| Floor 21 | 2104 | 623 sqft (57.89 sqm) | ₹1.50 Cr |
| Floor 21 | 2105 | 706 sqft (65.56 sqm) | ₹1.83 Cr |
| Floor 21 | 2106 | 300 sqft (27.88 sqm) | ₹64.84 Lakh |
| Floor 3 | 301 | 315 sqft (29.28 sqm) | ₹59.20 Lakh |
| Floor 3 | 305 | 706 sqft (65.56 sqm) | ₹1.33 Cr |
| Floor 7 | 701 | 315 sqft (29.28 sqm) | ₹62.16 Lakh |
| Floor 7 | 702 | 315 sqft (29.28 sqm) | ₹62.16 Lakh |
| Floor 8 | 807 | 300 sqft (27.88 sqm) | ₹59.20 Lakh |
| Ground/Floor 0 | Shop 5 | 1,250 sqft (116.17 sqm) | ₹3.21 Cr |
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+22 and 161 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| PTC/ COMPOSITE BUILDING WING A FOR PHASE PROGRAMME -I | 1 | G+22 | 161 | 31 Dec 2026 |
Unit mix on the filing: 156 residential and 5 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 declared 6 court cases on this project to MahaRERA. 6 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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Bombay High Court | 1430 | 2022 | Pending |
| Bombay High Court | 1431 | 2022 | Pending |
| Bombay High Court | 30471 | 2022 | Pending |
| Bombay High Court | 105 | 2023 | Pending |
| Bombay City Civil Court Dindoshi | 612 | 2021 | Pending |
| Bombay City Civil Court Dindoshi | 12214 | 2022 | Pending |
Located at versova, yari road, Mumbai City, Mumbai City, 400061. Per the filed land record, the plot is bounded to the north by INTERNAL ROAD, to the south by PEGAS BUILDING, to the east by BACK ROAD and to the west by YARI ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~6 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Chhatrapati Shivaji Int'l Airport | 5 km |
| Andheri MIDC / SEEPZ | 6 km |
| Bandra Kurla Complex (BKC) | 7 km |
| Powai / Hiranandani business park | 9 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 ocean view?
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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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