Mumbai/Project record

MahaRERA · the public record

Sethia Aashray-Phase 1

Kandivali E · AAKASH DEVELOPERS

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The registration, progress and filed details in one place. Go further with an independent reading of the project’s evidence.

5units filed as unsoldInventory · 18 September 2026
30 Jun 2027declared completionMahaRERA registration · read 12 Jul 2026
115registered unitsMahaRERA registration · read 12 Jul 2026

The record · free to read

Registration read 12 Jul 2026

Progress & dates

The timeline on file.

Available record

No construction trend to plot.

The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.

declared completion

30 Jun 2027

The registered date and a construction update answer different questions. Neither is a confirmation of possession.

MahaRERA registration · read 12 Jul 2026

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The source record

The details behind the headline.

MahaRERA · P51800027166

Delivery and registration

When is the project declared for completion?

Sethia Aashray-Phase 1 is registered with MahaRERA as P51800027166 and the promoter has declared completion for 30 Jun 2027.

30 Jun 2027

declared completion

9months to go

against the declared date

The completion date and status as they stand on the MahaRERA registration record.

Source · MahaRERA project registration · read 12 Jul 2026

MahaRERA registrationP51800027166
Registered on20 Nov 2020
Promoter-declared completion30 Jun 2027
Current statusCertificate Signed
Against today9 months to the declared date

Approvals and compliance

What compliance filings are on record?

MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Sethia Aashray-Phase 1 record 20 quarterly progress reports since registration.

Entries as they appear on MahaRERA's own lists and the project's progress filing.

Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026

  • Filing progress reports — 20 quarterly progress reports on record since registration, with no current default.

Promoter record

What else is this promoter on record for?

Aakash Developers is the promoter of record on 18 projects registered with MahaRERA, 2 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).

18projects

registered with MahaRERA

2flagged

by MahaRERA

Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.

Source · MahaRERA register, all projects · read 12 Jul 2026

Construction

How much construction cost has been reported?

In Sethia Aashray-Phase 1, ₹36 of a declared ₹37 estimated project cost is reported as incurred, about 99.3%, as at the last certified filing with MahaRERA.

99.3%

₹36

of ₹37 declared cost

Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.

Source · MahaRERA quarterly progress filing · read 12 Jul 2026

Sales

How much has actually been sold?

In Sethia Aashray-Phase 1, 110 of 115 homes filed with MahaRERA are recorded as sold or booked, about 96%, and 5 remain available.

96%sold

110 of 115 homes

₹56.84 Cr

committed by buyers

Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹56.10 Cr (about 99%) is recorded as collected and ₹74.81 Lakh as receivable.

Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026

What buyers actually paid: across 110 registered agreements, the effective carpet rate is ₹17,680/sqft, with eight in ten falling between ₹15,876 and ₹19,475 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.

The units recorded as unsold on the filing. The reckoner value is the government's ready-reckoner assessment the promoter filed against that unit, the figure stamp duty is charged on. It is not a price anyone paid, not an asking price, and not a valuation of the home.

FloorUnitCarpetGovt reckoner value
Floor 1103321 sqft (29.82 sqm)₹43.85 Lakh
Floor 101001321 sqft (29.82 sqm)₹46.04 Lakh
Floor 101002321 sqft (29.82 sqm)₹46.04 Lakh
Floor 101004321 sqft (29.82 sqm)₹46.04 Lakh
Floor 121201321 sqft (29.82 sqm)₹48.23 Lakh

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.

What the filings record, home by home

Read from MahaRERA on 18 September 2026

MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 110 homes carry one, and 5 of the 115 are recorded unsold.

Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:

HomeCarpetFiled for the same home on other floorsBased on
103321 sqftRs 56.75 lakh typical, over Rs 43.01 lakh to Rs 58.61 lakh20 filed on this stack, floors 2–23

A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. Only one observation of this ledger so far: no change can be reported yet. This observation is an archived copy whose time is the moment the file was written, not a portal fetch time.

In Sethia Aashray-Phase 1, every one of the 5 unsold homes has agreements filed on its own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.

See the other 4 homes — ₹2,999 →

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+24 and 115 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
Sethia Aashray - Phase 11G+24115-

Unit mix on the filing: 107 residential and 8 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading.

Deadline Extensions

The MahaRERA completion deadline for this project has been formally extended 2 times, as recorded on the register.

FromExtended toStated reason
as registered29 Jun 2025Due to part encroachment on proposed D P Road providing access to the building not yet cleared by BMC ward office
29 Jun 202530 Jun 2027Firstly we would like to inform you that we have successfully completed the construction of the building. Our project is Ground floor + 23rd floor, the possession of the flats have

Location, Land & Connectivity

Located at Kandivali E, Akurli Cross Road, Borivali, Mumbai Suburban, 400101. Per the filed land record, the plot is bounded to the north by CTS No 69, to the south by Nalla, to the east by CTS No 69 and to the west by 13 ft Wide Road. These are the boundaries as recorded in the filed land record.

Location & connectivity

The nearest major job hub is ~7 km away — a manageable everyday commute to a major job hub.

LandmarkStraight-line
Andheri MIDC / SEEPZ7 km
Powai / Hiranandani business park9 km
Chhatrapati Shivaji Int'l Airport11 km
Bandra Kurla Complex (BKC)14 km
Lower Parel / Worli business district22 km
Nariman Point / Fort30 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.

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Builder track record

Aakash Developers 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 Aakash Developers

Other RERA-registered projects in Kandivali East

Aspire
possession by Oct 2026 · M/s Radheshyam Developers
Grande Edifice
possession by Dec 2026 · V6 Enterprises
Kalpataru Vienta Tower B
possession by Dec 2026 · Kalpataru Retail Ventures Private Limite
Paton Towers
possession by Dec 2026 · Pravin Viram Satra
Building No 3 Wing C Aquila
possession by Dec 2026 · S D Corporation Private Limited
Goldmist CO-Operative Housing Society Limited
possession by Dec 2026 · Samarpan Homes & Developers

Major developers building in Kandivali East

Other RERA-registered projects in Mumbai Suburban

Sethia Darshan
possession by Dec 2026 · Sethia Infrastructure PVT LTD
Sethia Grandeur
declared completion Jun 2022 · K Maniar
Sethia Imperial Avenue
possession by Dec 2026 · Sai Enterprises
Sethia Marine View
possession by Jun 2027 · Sethia Developers
Sethia Pride A Wing
possession by Dec 2026 · Sethia Infrastructure Pvt. Ltd,
Sethia Pride Wing B
possession by Dec 2028 · Sethia Infrastructure 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: 20 Sep 2026