Mumbai/Project record

MahaRERA · the public record

OSTWAL FERMINO

Borivali West · SHREE OSTWAL BUILDERS LTD

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22units filed as unsoldInventory · 20 September 2026
31 Dec 2030declared completionMahaRERA registration · read 02 Jul 2026
40registered unitsMahaRERA registration · read 02 Jul 2026

The record · free to read

Registration read 02 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

31 Dec 2030

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 02 Jul 2026

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The source record

The details behind the headline.

MahaRERA · PR1180002502949

Delivery and registration

When is the project declared for completion?

OSTWAL FERMINO is registered with MahaRERA as PR1180002502949 and the promoter has declared completion for 31 Dec 2030.

31 Dec 2030

declared completion

51months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 02 Jul 2026

MahaRERA registrationPR1180002502949
Registered on18 Mar 2026
Promoter-declared completion31 Dec 2030
Current statusCertificate Signed
Against today51 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for OSTWAL FERMINO record 1 quarterly progress report since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 02 Jul 2026

  • Filing progress reports — 1 quarterly progress report on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Shree Ostwal Builders is the promoter of record on 31 projects registered with MahaRERA, none of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

31projects

registered with MahaRERA

0flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 02 Jul 2026

Construction

How much construction cost has been reported?

In OSTWAL FERMINO, ₹44.00 Lakh of a declared ₹12.00 Cr estimated project cost is reported as incurred, about 3.7%, as at the last certified filing with MahaRERA.

3.7%

₹44.00 Lakh

of ₹12.00 Cr declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 02 Jul 2026

Sales

How much has actually been sold?

In OSTWAL FERMINO, 0 of 22 homes filed with MahaRERA are recorded as sold or booked, about 0%, and 22 remain available.

0%sold

0 of 22 homes

Counts as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. The project registers 40 homes in total, while this sold/unsold inventory filing covers 22 of them.

Source · MahaRERA sold/unsold inventory filing · read 02 Jul 2026

The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.

FloorUnitCarpetGovt reckoner value
Floor 1Office 2482 sqft (44.77 sqm)₹90.44 Lakh
Floor 1office 1399 sqft (37.08 sqm)₹74.91 Lakh
Floor 1office 3265 sqft (24.66 sqm)₹49.82 Lakh
Floor 1office 4856 sqft (79.55 sqm)₹1.61 Cr
Floor 2203406 sqft (37.7 sqm)₹73.04 Lakh
Floor 3302744 sqft (69.16 sqm)₹1.34 Cr
Floor 3304399 sqft (37.04 sqm)₹71.77 Lakh
Floor 4403442 sqft (41.05 sqm)₹79.54 Lakh
Floor 4404403 sqft (37.4 sqm)₹72.46 Lakh
Floor 5501624 sqft (57.95 sqm)₹1.12 Cr
Floor 6604403 sqft (37.4 sqm)₹72.46 Lakh
Floor 7704403 sqft (37.4 sqm)₹72.46 Lakh
Floor 8801624 sqft (57.95 sqm)₹1.12 Cr
Floor 8802744 sqft (69.16 sqm)₹1.34 Cr
Floor 8803442 sqft (41.05 sqm)₹79.54 Lakh
Floor 8804403 sqft (37.4 sqm)₹72.46 Lakh
Floor 9901442 sqft (41.05 sqm)₹79.54 Lakh
Floor 9902403 sqft (37.4 sqm)₹72.46 Lakh
Ground/Floor 04192 sqft (17.81 sqm)₹39.11 Lakh
Ground/Floor 05166 sqft (15.43 sqm)₹33.88 Lakh
Ground/Floor 06191 sqft (17.72 sqm)₹38.91 Lakh
Ground/Floor 07217 sqft (20.15 sqm)₹44.25 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

Sales

Are registered sale-agreement prices available?

No registered sale-agreement price is recorded for OSTWAL FERMINO in the MahaRERA project file.

Not available

This is what the record does not contain, not a value of zero.

Source · MahaRERA project file · checked 20 September 2026

What the filings record, home by home

Read from MahaRERA on 20 September 2026

No home in OSTWAL FERMINO carries a registered agreement value on its MahaRERA filing, so there is no record here of what anyone has paid. What the promoter has filed is the government ready reckoner value for 22 homes — the Annual Statement of Rates valuation, with each home’s carpet area and floor already applied. Across them that is Rs 18,000 a sq ft typical, over Rs 18,000 to Rs 20,401.

A reckoner value is the basis stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home to you.

The Reckoner Record lists all 22 of them — each home, its RERA carpet area, the valuation filed against it and the rate that works out to. It is the filing copied, not a reading of it.

See all 22 filed valuations — ₹999 →

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+9 and 40 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
OSTWAL FERMINO1G+940-

Unit mix on the filing: 29 residential and 11 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Location, Land & Connectivity

Located at Borivali West, I C Colony, Thane, Thane, 400103. Per the filed land record, the plot is bounded to the north by a, to the south by a, to the east by a and to the west by a. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~13 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Andheri MIDC / SEEPZ13 km
Powai / Hiranandani business park16 km
Chhatrapati Shivaji Int'l Airport18 km
Bandra Kurla Complex (BKC)20 km
Lower Parel / Worli business district28 km
Nariman Point / Fort36 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.

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Builder track record

Shree Ostwal Builders LTD is the promoter on 20 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).

See every Shree Ostwal Builders LTD project & its RERA track record →

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Other RERA-registered projects in Borivali West

Borivali Madhumas Chsl
possession by Dec 2026 · Aadhunik Developers
Borivali SAI Hill CHS
possession by Dec 2026 · THE Green Venturez Realtors
Empire Fairmont
possession by Dec 2026 · Empire Realty
Maruti Residency
possession by Dec 2026 · OM Construction
Mascarenhas Apartment
Not filing quarterly progress reports · possession by Dec 2026 · SAI Universal Realtors & Developers
NEW Siddharth CO-Operative Housing Society LTD
possession by Dec 2026 · Not Available

Major developers building in Borivali West

Other RERA-registered projects in Mumbai Suburban

Ostwal Gala Kunj
possession by Dec 2029 · Shree Ostwal Builders LTD
Oswal Avenue
possession by Dec 2026 · Diwaliben Champshi Shah
OUR Home Chsl
possession by May 2030 · Namo Realty Ventures LLP
Ozone Avenue
possession by Jun 2030 · Blue Line Infra Developers
Ozone Heritage
possession by Jun 2028 · Blue Ocean Realty
Ozone Residency
possession by Dec 2027 · Blue Ocean Realty

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: 20 Sep 2026