MahaRERA Property Intelligence · Mumbai Suburban

Sayba Iris

PM1180002502189 · Kurla East · promoter Star Rise

Certificate SignedDue 31 Jan 2029

Delivery & Registration

MahaRERA registrationPM1180002502189
Registered on27 Jan 2026
Promoter-declared completion31 Jan 2029
Current statusCertificate Signed
Against today30 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, Star Rise is the promoter of record on 170 projects, of which 20 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 ~11.0% of the estimated project cost incurred as of the last certificate (₹3.51 Cr spent against a ₹32.00 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 111 homes filed with MahaRERA, 79 are sold/booked (65 with registered agreements + 14 booked) and 32 remain available (~71% sold) — selling steadily. Buyers have committed ₹55.40 Cr in agreement value so far. Of that, ₹6.77 Cr (~12%) is already collected, ₹48.77 Cr receivable — a read on how far along these sales really are. Note: the project registers 151 homes in total, but this sold/unsold inventory filing covers only 111 of them — the other 40 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 79 registered agreements, the effective carpet rate is ₹15,937/sqft (typical range ₹15,083–₹18,499) — 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 1103428 sqft (39.76 sqm)₹54.79 Lakh
Floor 1106375 sqft (34.84 sqm)₹48.00 Lakh
Floor 1108375 sqft (34.84 sqm)₹48.00 Lakh
Floor 111102390 sqft (36.23 sqm)₹54.92 Lakh
Floor 111104575 sqft (53.42 sqm)₹80.96 Lakh
Floor 111105573 sqft (53.23 sqm)₹80.68 Lakh
Floor 121203428 sqft (39.76 sqm)₹60.27 Lakh
Floor 121204575 sqft (53.42 sqm)₹80.96 Lakh
Floor 121205573 sqft (53.23 sqm)₹80.68 Lakh
Floor 131302390 sqft (36.23 sqm)₹54.92 Lakh
Floor 131305573 sqft (53.23 sqm)₹80.68 Lakh
Floor 131308390 sqft (36.23 sqm)₹54.92 Lakh
Floor 151507390 sqft (36.23 sqm)₹54.92 Lakh
Floor 161603428 sqft (39.76 sqm)₹60.27 Lakh
Floor 2202390 sqft (36.23 sqm)₹49.92 Lakh
Floor 2203428 sqft (39.76 sqm)₹54.79 Lakh
Floor 3303428 sqft (39.76 sqm)₹54.79 Lakh
Floor 4403428 sqft (39.76 sqm)₹54.79 Lakh
Floor 6607375 sqft (34.84 sqm)₹50.40 Lakh
Floor 6608375 sqft (34.84 sqm)₹50.40 Lakh
Floor 7703428 sqft (39.76 sqm)₹57.53 Lakh
Floor 7706375 sqft (34.84 sqm)₹50.40 Lakh
Floor 9907375 sqft (34.84 sqm)₹50.40 Lakh
Ground/Floor 01328 sqft (30.47 sqm)₹56.61 Lakh
Ground/Floor 02162 sqft (15.05 sqm)₹27.96 Lakh
Ground/Floor 03129 sqft (11.98 sqm)₹22.27 Lakh
Ground/Floor 04172 sqft (15.98 sqm)₹29.69 Lakh
Ground/Floor 05114 sqft (10.59 sqm)₹19.68 Lakh
Ground/Floor 06178 sqft (16.54 sqm)₹30.72 Lakh
Ground/Floor 07136 sqft (12.63 sqm)₹23.47 Lakh
Ground/Floor 08165 sqft (15.33 sqm)₹28.48 Lakh
Ground/Floor 09190 sqft (17.65 sqm)₹32.79 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+17 and 151 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Sayba Iris1G+17151-

Unit mix on the filing: 142 residential and 9 non-residential (shops/offices).

Complaints & Orders

1 complaint is on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.

Complaint no.FiledPartiesStatus
CC1260244326/04/2026Mohammed Tauseef Mohammed Tanvir Raza Ansari vs STAR RISEpending / no order on file

Location, Land & Connectivity

Located at Kurla East, Nehru Nagar, Kurla, Mumbai Suburban, 400024. Per the filed land record, the plot is bounded to the north by Building No 78, to the south by Building No 82, to the east by Building No 79 and to the west by 12.20m wide road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~1 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Bandra Kurla Complex (BKC)1 km
Chhatrapati Shivaji Int'l Airport3 km
Powai / Hiranandani business park6 km
Andheri MIDC / SEEPZ7 km
Lower Parel / Worli business district9 km
Nariman Point / Fort17 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

Star Rise 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 Star Rise

Other RERA-registered projects in Nehru Nagar

OM Nandadeep CO-OP. Hsg. Soc. LTD
possession by Oct 2026 · OM Nandadeep CO-OP Housing Society Limit
Ratnadeep Heights
possession by Oct 2026 · KRV Realty
Raghav Parijat
possession by Dec 2026 · Raghav Realty Developers
Hareshwar Pride
possession by Dec 2026 · Satyadeep Realtors Pvt. Ltd.
Nehru Nagar Vishwadham CHS LTD
possession by Dec 2026 · Apcon Construction Company
Nehru Nagar Nirmal C.h.s. Ltd
possession by Dec 2026 · Deraiya Realtors Private Limited

Major developers building in Nehru Nagar

Other RERA-registered projects in Mumbai Suburban

Sayba Noor
possession by Jun 2029 · Star Raises
Sayba Olympia
possession by Dec 2026 · Star Shine
Sayba One4 Carter Seascapes
possession by Mar 2028 · Star Regency
Sayba Opal
declared completion Dec 2025 · M/s. Star Raise
Sayba Orchid
possession by Dec 2026 · Star Rise
Sayba Residency
declared completion Jun 2024 · Star Rise

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