Mumbai/Project record

MahaRERA · the public record

Rathi Nivera

BORIVALI EAST · GHORI DEVELOPERS

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The registration, progress and filed details in one place. Go further with an independent reading of the project’s evidence.

16units filed as unsoldInventory · 20 September 2026
31 Dec 2026declared completionMahaRERA registration · read 12 Jul 2026
38registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 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 2026

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

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P51800078646

Delivery and registration

When is the project declared for completion?

Rathi Nivera is registered with MahaRERA as P51800078646 and the promoter has declared completion for 31 Dec 2026.

31 Dec 2026

declared completion

3months to go

against the declared date

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

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP51800078646
Registered on30 Dec 2024
Promoter-declared completion31 Dec 2026
Current statusCertificate Signed
Against today3 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 Rathi Nivera record 7 quarterly progress reports 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 12 Jul 2026

  • Filing progress reports — 7 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Ghori Developers is the promoter of record on 2 projects registered with MahaRERA, none of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

2projects

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 12 Jul 2026

Construction

How much construction cost has been reported?

In Rathi Nivera, ₹9.18 Cr of a declared ₹13.36 Cr estimated project cost is reported as incurred, about 68.8%, as at the last certified filing with MahaRERA.

68.8%

₹9.18 Cr

of ₹13.36 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 12 Jul 2026

Sales

How much has actually been sold?

In Rathi Nivera, 19 of 35 homes filed with MahaRERA are recorded as sold or booked (15 with registered agreements and 4 booked), about 54%, and 16 remain available.

54%sold

19 of 35 homes

₹18.37 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹8.57 Cr (about 47%) is recorded as collected and ₹9.80 Cr as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 19 registered agreements, the effective carpet rate is ₹19,939/sqft, with eight in ten falling between ₹14,949 and ₹26,377 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

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 1101400 sqft (37.13 sqm)₹44.10 Lakh
Floor 1102402 sqft (37.39 sqm)₹44.41 Lakh
Floor 1103314 sqft (29.13 sqm)₹34.60 Lakh
Floor 1104317 sqft (29.42 sqm)₹34.95 Lakh
Floor 1105400 sqft (37.15 sqm)₹44.13 Lakh
Floor 1106399 sqft (37.07 sqm)₹44.03 Lakh
Floor 2201400 sqft (37.13 sqm)₹44.10 Lakh
Floor 2202402 sqft (37.39 sqm)₹44.41 Lakh
Floor 2203314 sqft (29.13 sqm)₹34.60 Lakh
Floor 2204317 sqft (29.42 sqm)₹34.95 Lakh
Floor 3304400 sqft (37.13 sqm)₹44.10 Lakh
Floor 3305400 sqft (37.15 sqm)₹44.13 Lakh
Floor 4403403 sqft (37.42 sqm)₹44.45 Lakh
Floor 4404400 sqft (37.13 sqm)₹44.10 Lakh
Floor 5501636 sqft (59.04 sqm)₹70.13 Lakh
Floor 5503465 sqft (43.23 sqm)₹51.35 Lakh

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

What the filings record, home by home

Read from MahaRERA on 20 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 19 homes carry one, and 16 of the 35 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
304400 sqftRs 76.00 lakh typical, over Rs 56.77 lakh to Rs 1.0773 cr7 filed at this size

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

In Rathi Nivera, 8 of the 16 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 15 homes — ₹2,999 →

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+7 and 38 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Rathi Nivera1G+738-

Unit mix on the filing: 38 residential.

Complaints

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

Location, Land & Connectivity

Located at BORIVALI EAST, KASTURBA ROAD, Thane, Thane, 400066. Per the filed land record, the plot is bounded to the north by Om Samarpan Residential Building, to the south by Medhuli Residential Building, to the east by 9PT15 MT Kasturba Road No3 and to the west by Residential Building. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~11 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Andheri MIDC / SEEPZ11 km
Powai / Hiranandani business park13 km
Chhatrapati Shivaji Int'l Airport15 km
Bandra Kurla Complex (BKC)18 km
Lower Parel / Worli business district26 km
Nariman Point / Fort34 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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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