MahaRERA Property Intelligence · Mumbai Suburban

PARANJAPE ASPIRE

P51800045731 · SVP Nagar · promoter Psc Realtors Private

Certificate SignedDue 31 Mar 2027

Delivery & Registration

MahaRERA registrationP51800045731
Registered on06 Jun 2022
Promoter-declared completion31 Mar 2027
Current statusCertificate Signed
Against today8 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, Psc Realtors Private is the promoter of record on 173 projects, of which 5 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 ~54.1% of the estimated project cost incurred as of the last certificate (₹25.15 Cr spent against a ₹46.52 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 90 homes filed with MahaRERA, 73 are sold/booked (66 with registered agreements + 7 booked) and 17 remain available (~81% sold) — selling steadily. Buyers have committed ₹117.30 Cr in agreement value so far. Of that, ₹54.89 Cr (~47%) is already collected, ₹62.41 Cr receivable — a read on how far along these sales really are. Note: the project registers 127 homes in total, but this sold/unsold inventory filing covers only 90 of them — the other 37 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 73 registered agreements, the effective carpet rate is ₹28,092/sqft (typical range ₹25,308–₹30,364) — 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 1101727 sqft (67.54 sqm)₹1.61 Cr
Floor 111102702 sqft (65.22 sqm)₹1.67 Cr
Floor 181801727 sqft (67.54 sqm)₹1.73 Cr
Floor 181805665 sqft (61.78 sqm)₹1.58 Cr
Floor 191902702 sqft (65.22 sqm)₹1.67 Cr
Floor 191905665 sqft (61.78 sqm)₹1.58 Cr
Floor 2201727 sqft (67.54 sqm)₹1.61 Cr
Floor 2202702 sqft (65.22 sqm)₹1.56 Cr
Floor 202002702 sqft (65.22 sqm)₹1.67 Cr
Floor 202006665 sqft (61.78 sqm)₹1.58 Cr
Floor 212102702 sqft (65.22 sqm)₹1.71 Cr
Floor 222202702 sqft (65.22 sqm)₹1.71 Cr
Floor 222205665 sqft (61.78 sqm)₹1.62 Cr
Floor 222206665 sqft (61.78 sqm)₹1.62 Cr
Floor 6602702 sqft (65.22 sqm)₹1.63 Cr
Floor 8804651 sqft (60.48 sqm)₹1.51 Cr
Floor 9902702 sqft (65.22 sqm)₹1.63 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.

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+24 and 127 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
PARANJAPE ASPIRE1G+24127-

Unit mix on the filing: 127 residential.

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1250116908/04/2025Sunil Jadhav vs PSC REALTORS PRIVATE LIMITEDorder passed

Legal & Litigation

The promoter has declared 1 court case on this project to MahaRERA. 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
Bombay High Court2816/20222022Writ Petition Is Dimissed

Location, Land & Connectivity

Located at SVP Nagar, Off Jankidevi School Road, Mumbai, Mumbai Suburban, 400053. Per the filed land record, the plot is bounded to the north by CTS No 1374 B 24, to the south by Adj 9m wide road, to the east by Adj H1G Bungalow Plot and to the west by Adj Cluster Plot No 97. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~5 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Andheri MIDC / SEEPZ5 km
Chhatrapati Shivaji Int'l Airport7 km
Powai / Hiranandani business park9 km
Bandra Kurla Complex (BKC)10 km
Lower Parel / Worli business district16 km
Nariman Point / Fort24 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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Major developers building in Andheri West

Other RERA-registered projects in Mumbai Suburban

Paranjape Athena
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Paras Goregaon CO-OP HSG SOC LTD
possession by Dec 2028 · Madhav Enterprise
Paras Residency
declared completion Sep 2025 · Aureum Spaces LLP
Pardis Chitragandha
possession by Dec 2028 · Pardis Construction LLP
Pardis Prosperity
declared completion Apr 2024 · Pardis Construction LLP
Pardis Shingadia
possession by Apr 2027 · Pardis Shivansh LLP

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