MahaRERA Property Intelligence · Mumbai City

SANGHVI PARSSSVA EXCELLENSEA

P51900020397 · Charni Road (D ward) · promoter Sanghvi Parsssva Enterprise

Certificate SignedDue 31 Mar 2027

Delivery & Registration

MahaRERA registrationP51900020397
Registered on09 Apr 2019
Promoter-declared completion31 Mar 2027
Current statusCertificate Signed
Against today8 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, Sanghvi Parsssva Enterprise is the promoter of record on 3 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 ~81.6% of the estimated project cost incurred as of the last certificate (₹21.11 Cr spent against a ₹25.88 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 16 homes filed with MahaRERA, 8 are sold/booked (6 with registered agreements + 2 booked) and 8 remain available (~50% sold) — selling steadily. Buyers have committed ₹28.82 Cr in agreement value so far. Of that, ₹20.13 Cr (~70%) is already collected, ₹8.68 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 8 registered agreements, the effective carpet rate is ₹44,721/sqft (typical range ₹11,027–₹49,622) — 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 101003231 sqft (21.43 sqm)₹95.32 Lakh
Floor 111101811 sqft (75.3 sqm)₹2.14 Cr
Floor 171701841 sqft (78.11 sqm)₹2.22 Cr
Floor 191901841 sqft (78.11 sqm)₹2.22 Cr
Floor 212101841 sqft (78.11 sqm)₹2.22 Cr
Floor 4401174 sqft (16.16 sqm)₹71.88 Lakh
Floor 5501A174 sqft (16.16 sqm)₹71.88 Lakh
Floor 9901A187 sqft (17.33 sqm)₹77.08 Lakh

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+23 and 16 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
SANGHVI PARSSSVA EXCELLENSEA1G+2316-

Unit mix on the filing: 14 residential and 2 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.

Legal & Litigation

The promoter has declared 6 court cases on this project to MahaRERA. 4 are still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.

CourtCase no.YearStatus
Bombay High Court13212017Corporation To File Their Reply
City Civil Court18952012For Evidence
Bombay High Court1702020Pending
Bombay High Court2142020Pending
Bombay High Court156692020Pending
Bombay High Court270782021Pending

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 3 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
30 Dec 202329 Dec 2024Due to delay in approvals, we need time extension of one year for completion of the project.
30 Dec 202331 Mar 2026The project was started prior to outbreak of COVID-19, which had an impact on real estate project for nearly 2 years, from March 2020 to February 2022 which has severely impacted t
30 Dec 202331 Mar 20271. Grounds for Extension: a. The progress of the project was significantly impacted by a series of unforeseen challenges, primarily arising from the COVID-19 pandemic and its afte

Location, Land & Connectivity

Located at Charni Road (D ward), Raja Ram Mohan Roy Road, Mumbai City, Mumbai City, 400004. Per the filed land record, the plot is bounded to the north by Ground plus 7, to the south by Raja Ram Mohan Roy Road, to the east by Ground plus 1 and to the west by Ground plus 5. 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 / Fort3 km
Lower Parel / Worli business district5 km
Bandra Kurla Complex (BKC)14 km
Chhatrapati Shivaji Int'l Airport16 km
Andheri MIDC / SEEPZ20 km
Powai / Hiranandani business park21 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

Sanghvi Parsssva Enterprise LLP 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 Sanghvi Parsssva Enterprise LLP

Sanghvi Parsssva Enterprise LLP
FlaggedMumbai City

Other RERA-registered projects in Girgaon

Krishvi Heights
possession by Aug 2026 · M/s Shagun Associates
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

Sanghvi S3 Paradise - Phase 1
declared completion Dec 2021 · Sanghvi Premises Pvt Ltd
Sanjana Heights
possession by Dec 2026 · Safeway Projects PVT LTD
Sankalp One
possession by Sep 2030 · Sankalp Reality & Developers
Sanniwas Premises Co-Operative Society Ltd
declared completion Jun 2018 · Pruthvi Enclave LLP
Sanskruti
declared completion Aug 2020 · Sugee Three Developers LLP
Santosh Building
declared completion Jun 2022 · Concrete Lifestyles & Infrastructure

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