MahaRERA Property Intelligence · Mumbai Suburban

Satwaratna Co Op Hsg Society Ltd

P51800004735 · MAHUL "M"-WARD · promoter Kishrajdevelopers

Certificate SignedDue 30 Sep 2026

Delivery & Registration

MahaRERA registrationP51800004735
Registered on09 Aug 2017
Promoter-declared completion30 Sep 2026
Current statusCertificate Signed
Against today2 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.

Construction Progress

MahaRERA's cost filing puts construction at ~42.1% of the estimated project cost incurred as of the last certificate (₹1.57 Cr spent against a ₹3.72 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. With only ~2 months to the declared date and ~42.1% of the cost incurred, ask the promoter how the balance gets built in the time left.

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 19 homes filed with MahaRERA, 17 are sold/booked (10 with registered agreements + 7 booked) and 2 remain available (~89% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹6.42 Cr in agreement value so far. Of that, ₹2.69 Cr (~42%) is already collected, ₹3.73 Cr receivable — a read on how far along these sales really are. Note: the project registers 31 homes in total, but this sold/unsold inventory filing covers only 19 of them — the other 12 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 17 registered agreements, the effective carpet rate is ₹9,007/sqft (typical range ₹8,149–₹10,788) — 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 1103352 sqft (32.73 sqm)₹16.41 Lakh
Floor 7704463 sqft (43.06 sqm)₹21.59 Lakh

⚠ The inventory filing also declares: 12 not for sale. Before booking, confirm YOUR unit appears in none of these lists and get any lender NOC in writing.

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+8 and 31 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Satwaratna CHS Ltd1G+83130 Sep 2020

Unit mix on the filing: 28 residential and 3 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 1 court case on this project to MahaRERA. 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
McgmWrit Petition no 1418 of 20162016Order Recived

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 2 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
31 Dec 202531 Dec 2025Due to High Court and Supreme Court Matters, the work was stopped until today. The work is now top resume and the completion date for the project will now be 31-12-2023. Kindly upd
30 Sep 202030 Sep 2026The project experienced unavoidable delays due to legal disputes and issues beyond the control of the promoter, which were resolved only recently. Additionally, prolonged approvals

Location, Land & Connectivity

Located at MAHUL "M"-WARD, C.T.S. NO. 35 & 39, Andheri, Mumbai Suburban, 400074. Per the filed land record, the plot is bounded to the north by CTS No 34 and 40, to the south by CTS No 36, to the east by 27 Mtr access road and to the west by CTS No 38 and 115. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~6 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Bandra Kurla Complex (BKC)6 km
Lower Parel / Worli business district7 km
Chhatrapati Shivaji Int'l Airport9 km
Powai / Hiranandani business park12 km
Nariman Point / Fort12 km
Andheri MIDC / SEEPZ13 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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Saujanya Rachanaa
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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: 27 Jul 2026