MahaRERA Property Intelligence · Mumbai Suburban

REDEVELOPMENT OF KESAR NIKETAN CHSL

P51800046669 · BORIVALI EAST · promoter Pranav Constructions Limited

Certificate SignedDue 03 Jan 2026

Delivery & Registration

MahaRERA registrationP51800046669
Registered on29 Aug 2022
Promoter-declared completion03 Jan 2026
Current statusCertificate Signed
Against todayabout 6 months past 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, Pranav Constructions Limited is the promoter of record on 60 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.

Sales & Inventory

Of 37 homes filed with MahaRERA, 37 are sold/booked (35 with registered agreements + 2 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 ₹51.50 Cr in agreement value so far. Of that, ₹47.60 Cr (~92%) is already collected, ₹3.90 Cr receivable — a read on how far along these sales really are. Note: the project registers 81 homes in total, but this sold/unsold inventory filing covers only 37 of them — the other 44 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 37 registered agreements, the effective carpet rate is ₹23,672/sqft (typical range ₹22,111–₹31,359) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.

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+22 and 81 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
KESAR NIKETAN1G+2281-

Unit mix on the filing: 74 residential and 7 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.

Location, Land & Connectivity

Located at BORIVALI EAST, KASTURBA ROAD, Borivali, Mumbai Suburban, 400066. Per the filed land record, the plot is bounded to the north by CTS NO 59, to the south by CTS NO 56D, to the east by KASTURBA CROSS ROAD NO 4 and to the west by CTS NO 56C-2 56B. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~3 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Andheri MIDC / SEEPZ3 km
Powai / Hiranandani business park5 km
Chhatrapati Shivaji Int'l Airport7 km
Bandra Kurla Complex (BKC)10 km
Lower Parel / Worli business district18 km
Nariman Point / Fort26 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

Pranav Constructions Limited is the promoter on 45 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).

See every Pranav Constructions Limited project & its RERA track record →

Other flagged projects by Pranav Constructions Limited

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Other RERA-registered projects in Borivali East

Rushabh Apartment
possession by Jul 2026 · R R Builders
Rashmi Manorath
possession by Aug 2026 · Modi's Navnirman Limited
Proposed Redevelopment OF Prakashkunj Chsl
possession by Sep 2026 · Yash Realtors & Developers
Chandratej CHS LTD
possession by Oct 2026 · Elesh Ravjibhai Rathod
Eknath Gruh
possession by Oct 2026 · Vastav Developers PVT LTD
NEW Avanti Chsl
possession by Oct 2026 · Balaji Enterprises

Major developers building in Borivali East

Other RERA-registered projects in Mumbai Suburban

Redevelopment OF Khatri Apartments Cooperative Housing Society Limited
declared completion Jun 2024 · SRP Realtors Privaye Limited
Redevelopment OF Kripadham CHS LTD
declared completion Dec 2017 · Kripa Realtors
Redevelopment OF Lakshman Tower Chsl
possession by Mar 2027 · Pranav Constructions Limited
Redevelopment Of Lamplight Chsl
declared completion Dec 2021 · Shree Mahavir Estates
Redevelopment Of Link Palace Premises Co-Op Soc. Ltd. Phase I
declared completion Mar 2018 · Kolte-Patil Developers Limited
Redevelopment OF Loita Kunj CHS LTD
declared completion Dec 2025 · Orra Realtors Private Limited

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