Park Altezza

Delivery & Registration

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.

• Filing progress reports — 12 quarterly progress reports on record since registration, with no current default.

Builder Track Record

Across MahaRERA, Shree Mahavir Estates is the promoter of record on 125 projects, of which 9 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 ~82.0% of the estimated project cost incurred as of the last certificate (₹86.75 Cr spent against a ₹105.76 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 98 homes filed with MahaRERA, 61 are sold/booked (41 with registered agreements + 20 booked) and 37 remain available (~62% sold) — selling steadily. Buyers have committed ₹216.85 Cr in agreement value so far. Of that, ₹159.15 Cr (~73%) is already collected, ₹57.81 Cr receivable — a read on how far along these sales really are. Note: the project registers 138 homes in total, but this sold/unsold inventory filing covers only 98 of them — the other 40 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 61 registered agreements, the effective carpet rate is ₹33,008/sqft (typical range ₹29,653–₹37,156) — 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:

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+21 and 138 homes are registered across the project.

Unit mix on the filing: 138 residential.

Complaints

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

Location, Land & Connectivity

Located at ANDHERI WEST, D N NAGAR, Andheri, Mumbai Suburban, 400053. Per the filed land record, the plot is bounded to the north by SHALAKA BUILDING, to the south by 12M WIDE ROAD, to the east by D N NAGAR MUNICIPAL SCHOOL and to the west by 18M WIDE ROAD. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

See every Shree Mahavir Estates Tushar Biindu project & its RERA track record →

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Other RERA-registered projects in Mumbai Suburban

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.