MahaRERA Property Intelligence · Mumbai City

OMKAR TOWER

P51900002869 · promoter Devendra Associates

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationP51900002869
Registered on04 Aug 2017
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 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, Devendra Associates is the promoter of record on 23 projects, of which 3 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.

Construction Progress

MahaRERA's cost filing puts construction at ~99.6% of the estimated project cost incurred as of the last certificate (₹14.94 Cr spent against a ₹15.00 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 26 homes filed with MahaRERA, 14 are sold/booked and 12 remain available (~54% sold) — selling steadily. Buyers have committed ₹7.42 Cr in agreement value so far. Of that, ₹7.42 Cr (~100%) is already collected, ₹0 receivable — a read on how far along these sales really are. Note: the project registers 110 homes in total, but this sold/unsold inventory filing covers only 26 of them — the other 84 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 14 registered agreements, the effective carpet rate is ₹10,573/sqft (typical range ₹1,648–₹20,713) — 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:

FloorUnitCarpetReckoner value
Floor 212103400 sqft (37.17 sqm)₹61.48 Lakh
Floor 212104400 sqft (37.17 sqm)₹61.48 Lakh
Floor 222203425 sqft (39.47 sqm)₹65.28 Lakh
Floor 222204400 sqft (37.17 sqm)₹61.48 Lakh
Floor 242401425 sqft (39.47 sqm)₹65.28 Lakh
Floor 242402400 sqft (37.17 sqm)₹61.48 Lakh
Floor 252501425 sqft (39.47 sqm)₹65.28 Lakh
Floor 252502400 sqft (37.17 sqm)₹61.48 Lakh
Floor 262601425 sqft (39.47 sqm)₹65.28 Lakh
Floor 262602400 sqft (37.17 sqm)₹61.48 Lakh
Floor 272701425 sqft (39.47 sqm)₹65.28 Lakh
Floor 272702400 sqft (37.17 sqm)₹61.48 Lakh

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+19 and 110 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
OMKAR TOWER1G+1911031 Dec 2019

Unit mix on the filing: 89 residential and 21 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.

Deadline Extensions

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 202530 Jun 2025Delay due to further FSI as per new policy dated 08th July 2021 for on going project
30 Jun 202530 Jun 2021Sir, The project “OMKAR TOWER” having MahaRERA Project Registration No. P51900002869, is developing by M/s Devendra Associates. This project is redevelopment of the property bear
31 Dec 201931 Dec 20281) There is Potential of Construction of one more Floor on the same building 2) OC will be obtained only after completing potential Floor 3) There are few agreeement for sale to

Location, Land & Connectivity

Located at 60 -KHEMRAY SHRIKRISHNADAS MARG, Ward ABCD, Mumbai City, 400004. Per the filed land record, the plot is bounded to the north by 60 KHEMRAY SHRIKRISHNADAS MARG, to the south by SARDAR VALLABHBHAI PATEL, to the east by 40 KHETWADI and to the west by 4TH KHETWADI. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~4 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Nariman Point / Fort4 km
Lower Parel / Worli business district4 km
Bandra Kurla Complex (BKC)13 km
Chhatrapati Shivaji Int'l Airport15 km
Powai / Hiranandani business park20 km
Andheri MIDC / SEEPZ20 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.

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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What to verify (QPR non-filer)

  1. Cross-check the developer's last QPR filing date on the MahaRERA portal — non-filing can indicate stalled construction.
  2. Visit the site (or request a third-party inspection report) to verify actual construction progress.
  3. If no QPR has been filed for more than two quarters, file a complaint with MahaRERA for non-disclosure.

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