MahaRERA Property Intelligence · Mumbai Suburban

Redevelopment of New Monalisa CHSL

P51800001955 · Vile Parle · promoter Shree Mahavir Estates

Certificate SignedDue 29 Jun 2022

Delivery & Registration

MahaRERA registrationP51800001955
Registered on31 Jul 2017
Promoter-declared completion29 Jun 2022
Current statusCertificate Signed
Against todayabout 49 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, 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.

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.

BuildingWingsFloorsDeclared completion
New Monalisa1G+1830 Jun 2020

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 1 time. 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
29 Jun 202229 Dec 2021due to covid 19 pandemic and supply and disruption of labour project was unable to get completed on time. we would request you to please grants us extension for further period of 1

Location, Land & Connectivity

Located at Vile Parle, JVPD Scheme, Mumbai, Mumbai Suburban, 400049. Per the filed land record, the plot is bounded to the north by Sub Plot number 13 Monarch Bldg, to the south by Sub plot number 15, to the east by 30 feet wide and to the west by Partly sub plot 9 and partly sub plot 10. 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

Shree Mahavir Estates is the promoter on 6 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 Shree Mahavir Estates project & its RERA track record →

Other flagged projects by Shree Mahavir Estates

Shree Mahavir Estates
FlaggedMumbai Suburban
Shree Mahavir Estates
FlaggedMumbai Suburban
Shree Mahavir Estates
FlaggedMumbai Suburban
Shree Mahavir Estates
FlaggedMumbai Suburban
Shree Mahavir Estates
FlaggedMumbai Suburban

Other RERA-registered projects in Juhu

Elenora
possession by Sep 2026 · Parinee VIR Bhuvan Redevelopment Private
K L Valeria
possession by Sep 2026 · K L Housing LLP
Valletta
possession by Sep 2026 · K Raheja Corp Real Estate Private Limite
Maestro
possession by Nov 2026 · K Raheja Corp Real Estate Private Limite
Aditya Chsl
possession by Dec 2026 · Shree Mahavir Developers
Gurukrupa Alaknanda
possession by Dec 2026 · Gurukrupa Realcon Infrastructure Develop

Major developers building in Juhu

Other RERA-registered projects in Mumbai Suburban

Redevelopment OF NEW Shalimar Apartments Chsl
declared completion Sep 2025 · Pranav Constructions Limited
Redevelopment Of Nirav Chsl
declared completion Dec 2024 · Navin Karamshi Shah
Redevelopment OF Niwara CO-OP HSG Society LTD
declared completion Jun 2024 · THE Niwara CO-Operative Housing Society
Redevelopment Of OB Swarganga Chsl CTS No 154 Pt Survey No 383 Pt Chaitanya Ngr Santacruz E Mum 55
declared completion Dec 2021 · A A Estates Pvt Ltd
Redevelopment Of Office Building No1 Sidharth Nagrar Goregaon West
declared completion Dec 2017 · Mumbai Housing AND Area Development Boar
Redevelopment Of Om Divya Apartments Co-Operative Housing Society Limited
declared completion Feb 2024 · M/s Shanti Developers

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