MahaRERA Property Intelligence · Mumbai Suburban

RAUNAK CENTRUM

P51800006705 · Rahul Nagar, Everard Nagar, Sion · promoter Raunak Jigna Associates

Certificate SignedDue 31 Dec 2026

Delivery & Registration

MahaRERA registrationP51800006705
Registered on16 Aug 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.

Builder Track Record

Across MahaRERA, Raunak Jigna Associates is the promoter of record on 20 projects, of which none currently 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 ~92.1% of the estimated project cost incurred as of the last certificate (₹119.27 Cr spent against a ₹129.44 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 213 homes filed with MahaRERA, 208 are sold/booked (205 with registered agreements + 3 booked) and 5 remain available (~98% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹235.90 Cr in agreement value so far. Of that, ₹192.21 Cr (~81%) is already collected, ₹43.69 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

What buyers actually paid: across 208 registered agreements, the effective carpet rate is ₹21,627/sqft (typical range ₹20,342–₹23,716) — 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 1Shop 3680 sqft (63.19 sqm)₹80.24 Lakh
Floor 1Shop 41,203 sqft (111.79 sqm)₹1.42 Cr
Floor 292907565 sqft (52.49 sqm)₹54.46 Lakh
Ground/Floor 0Shop 1680 sqft (63.19 sqm)₹80.24 Lakh
Ground/Floor 0Shop 21,203 sqft (111.79 sqm)₹1.42 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+33 and 213 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
RAUNAK CENTRUM1G+33213-
001---
01---

Unit mix on the filing: 209 residential and 4 non-residential (shops/offices).

Complaints & Orders

2 complaints are on the MahaRERA record for this project, with orders passed in 2. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC00600000059127422/07/2024Raunak Jigna Associates vs Shabnam Mohd. Rafiq Ansariorder passed
CC1250070028/02/2025Sudhir Sharad Butala vs Raunak Jigna Associatesorder passed

Location, Land & Connectivity

Located at Rahul Nagar, Everard Nagar, Sion, Eastern Express Highway, Mumbai, Mumbai Suburban, 400022. Per the filed land record, the plot is bounded to the north by Municipal Garden, to the south by Vasant Dada Patil College, to the east by Pipeline and to the west by Eastern Express Highway. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~12 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.

LandmarkStraight-line
Powai / Hiranandani business park12 km
Bandra Kurla Complex (BKC)14 km
Chhatrapati Shivaji Int'l Airport15 km
Andheri MIDC / SEEPZ16 km
Lower Parel / Worli business district19 km
Nariman Point / Fort23 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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Builder track record

Raunak Jigna Associates is the promoter on 2 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).

Other flagged projects by Raunak Jigna Associates

Raunak Jigna Associates
FlaggedMumbai Suburban

Other RERA-registered projects in Sion

Aadi Arpan
possession by Jul 2026 · Aadi Shikhar LLP
DNS Anuutham
possession by Aug 2026 · DNS Constructions Private Limited
Runwal Timeless
possession by Sep 2026 · Runwal Developers Limited
Harsh Tulip
possession by Oct 2026 · Harsh Developers & Infrastructure LL
Lodha NCP Tower - 1
possession by Dec 2026 · Lodha Developers Limited
Shankesh Crown
possession by Dec 2026 · H. Mehta Realtors LLP

Major developers building in Sion

Other RERA-registered projects in Mumbai Suburban

Raunak Centrum - A
possession by Dec 2028 · Raunak Jigna Associates
Raviraj Royal
declared completion May 2022 · M/S Raviraj Developers
Raviraj Tarang
declared completion Dec 2022 · Ravindra Shankar Sawant
RAY
declared completion Apr 2026 · Manish Builders & Developers
Raya
possession by Dec 2029 · F. A. Builders & Developers LLP
Raya Terraces
possession by Jan 2031 · Iconic Structures One 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