MahaRERA Property Intelligence · Mumbai City

RAAJDEEP ARCADE

P51900012983 · GIRGAON · promoter Raajdeep Builders And

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP51900012983
Registered on11 Sep 2017
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today5 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.

Construction Progress

MahaRERA's cost filing puts construction at ~79.8% of the estimated project cost incurred as of the last certificate (₹4.64 Cr spent against a ₹5.82 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 14 homes filed with MahaRERA, 14 are sold/booked and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹22.40 Cr in agreement value so far. Of that, ₹22.20 Cr (~99%) is already collected, ₹19.98 Lakh receivable — a read on how far along these sales really are. Note: the project registers 83 homes in total, but this sold/unsold inventory filing covers only 14 of them — the other 69 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 ₹24,701/sqft (typical range ₹23,883–₹25,744) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

⚠ The inventory filing also declares: 13 owner/investor-held. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+18 and 83 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
RAAJDEEP ARCADE1G+1883-

Unit mix on the filing: 75 residential and 8 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 2 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
28 Dec 202428 Dec 2024DUE TO COVID-19 AND THE SHORTAGE OF LABOUR, WE WERE UNABLE TO OBATIN THE OC. WE WILL COMPLETE THE PROJECT BEFORE 28.12.2024
30 Dec 202331 Dec 2026The project is scheduled for completion by December 31, 2026. We have obtained signatures from all allottees and plan to apply for the occupancy certificate shortly. Currently, the

Location, Land & Connectivity

Located at GIRGAON, CHARNI ROAD EAST, Mumbai City, Mumbai City, 400004. Per the filed land record, the plot is bounded to the north by Property formerly of Dewoorebai wd-o Hargovandas V, to the south by Khadilkar Road, to the east by property formerly of Cooverbai and Bhaishanker Nan and to the west by Property formerly belonging to Chunilal Pitamber. 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
Nariman Point / Fort4 km
Lower Parel / Worli business district5 km
Bandra Kurla Complex (BKC)13 km
Chhatrapati Shivaji Int'l Airport15 km
Andheri MIDC / SEEPZ20 km
Powai / Hiranandani business park20 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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Krishvi Heights
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Sugee Renaissance
possession by Sep 2026 · Sugee Two Developers LLP
M4 Aarambh
possession by Dec 2026 · M4 Realty LLP
Aaditya Residences
possession by Dec 2026 · M/s. A.k. Developers
Shreepati Bayview
Deregistered by MahaRERA · possession by Dec 2026 · Shreepati Build Infra Investment Limited
THE Platinum
possession by Dec 2026 · Rubberwala Housing & Infrastructure

Major developers building in Girgaon

Other RERA-registered projects in Mumbai City

Raghvendra CHS
declared completion Mar 2020 · Vinayak Developers AND Builders
Raheja Amaltis - Wing A
possession by Sep 2028 · K Raheja Corp Real Estate Private Limite
Raheja Amaltis - Wing B
possession by Sep 2028 · K Raheja Corp Real Estate Private Limite
Raheja Imperia - I
declared completion Dec 2022 · Raheja Universal Ltd.
Raheja Imperia II
possession by Dec 2029 · Raheja Universal Ltd.
Raheja Modern Vivarea North Tower
possession by Mar 2028 · K Raheja Corp Real Estate Private Limite

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