DEM Phoenix
MahaRERA Property Intelligence · Mumbai Suburban
P51800011224 · Malad East · promoter Sethia Infrastructure Pvt
| MahaRERA registration | P51800011224 |
| Registered on | 31 Aug 2017 |
| Promoter-declared completion | 31 Dec 2026 |
| Current status | Certificate Signed |
| Against today | 5 months to the declared date |
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.
Across MahaRERA, Sethia Infrastructure Pvt is the promoter of record on 4 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.
MahaRERA's cost filing puts construction at ~87.3% of the estimated project cost incurred as of the last certificate (₹40 spent against a ₹46 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.
Of 91 homes filed with MahaRERA, 68 are sold/booked and 23 remain available (~75% sold) — selling steadily. Buyers have committed ₹78.85 Cr in agreement value so far. Of that, ₹52.87 Cr (~67%) is already collected, ₹26.14 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 68 registered agreements, the effective carpet rate is ₹16,611/sqft (typical range ₹14,970–₹25,534) — 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:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | 6 | 518 sqft (48.12 sqm) | ₹88.46 Lakh |
| Floor 13 | 1304 | 558 sqft (51.83 sqm) | ₹91.37 Lakh |
| Floor 14 | 1402 | 502 sqft (46.63 sqm) | ₹82.20 Lakh |
| Floor 15 | 1501 | 385 sqft (35.76 sqm) | ₹63.04 Lakh |
| Floor 18 | 1802 | 502 sqft (46.63 sqm) | ₹82.20 Lakh |
| Floor 18 | 1804 | 558 sqft (51.83 sqm) | ₹83.06 Lakh |
| Floor 19 | 1903 | 795 sqft (73.85 sqm) | ₹1.30 Cr |
| Floor 19 | 1904 | 558 sqft (51.83 sqm) | ₹91.37 Lakh |
| Floor 2 | 1 | 389 sqft (36.13 sqm) | ₹66.43 Lakh |
| Floor 2 | 6 | 518 sqft (48.12 sqm) | ₹88.46 Lakh |
| Floor 2 | 7 | 245 sqft (22.76 sqm) | ₹41.84 Lakh |
| Floor 21 | 2103 | 795 sqft (73.85 sqm) | ₹1.36 Cr |
| Floor 3 | 302 | 502 sqft (46.63 sqm) | ₹74.72 Lakh |
| Floor 4 | 404 | 558 sqft (51.83 sqm) | ₹83.06 Lakh |
| Floor 5 | 505 | 795 sqft (73.85 sqm) | ₹1.24 Cr |
| Floor 6 | 603 | 795 sqft (73.85 sqm) | ₹1.24 Cr |
| Floor 7 | 704 | 558 sqft (51.83 sqm) | ₹87.21 Lakh |
| Floor 9 | 902 | 502 sqft (46.63 sqm) | ₹78.46 Lakh |
| Floor 9 | 903 | 795 sqft (73.85 sqm) | ₹1.24 Cr |
| Floor 9 | 904 | 558 sqft (51.83 sqm) | ₹87.21 Lakh |
| Ground/Floor 0 | 11 | 167 sqft (15.51 sqm) | ₹31.07 Lakh |
| Ground/Floor 0 | 12 | 206 sqft (19.13 sqm) | ₹38.33 Lakh |
| Ground/Floor 0 | 9 | 252 sqft (23.41 sqm) | ₹46.89 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.
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 91 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| SETHIA DARSHAN | 1 | G+23 | 91 | - |
Unit mix on the filing: 72 residential and 19 non-residential (shops/offices).
4 complaints are on the MahaRERA record for this project, with orders passed in 4. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000057402 | 27/12/2018 | Mrs. Shardaben Lalit Tank vs Mr. Kirit Chimanlal Maniar | order passed |
| CC006000000262059 | 01/08/2022 | Rebekah Titus Benjamin vs Prathmesh Developers through its Partner Mr Basantraj SethiaShri | order passed |
| CC12502734 | 04/08/2025 | HarishBhai PragjiBhai Mirani vs SETHIA INFRASTRUCTURE PVT LTD | order passed |
| CC12503503 | 01/10/2025 | Kirt chimanlal Maniar vs SETHIA INFRASTRUCTURE PVT LTD | order passed |
The promoter has declared 2 court cases 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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| Small Causes Court | RAD 615 of 2013 | 2013 | Closed |
| City Civil Court | 2135 | 2016 | Ongoing |
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 |
|---|---|---|
| 30 Dec 2024 | 31 Dec 2026 | Provided that the Authority may in reasonable circumstances, without default on the part of the promoter, based on the facts of each case, and for reasons to be recorded in writing |
Located at Malad East, Daftary Road, Borivali, Mumbai Suburban, 400097. Per the filed land record, the plot is bounded to the north by 18 30 Road Line, to the south by CTS 526, to the east by 522 Village Kurar and to the west by 359 Village Malad and 525 Village Kurar. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Andheri MIDC / SEEPZ | 2 km |
| Chhatrapati Shivaji Int'l Airport | 4 km |
| Powai / Hiranandani business park | 5 km |
| Bandra Kurla Complex (BKC) | 7 km |
| Lower Parel / Worli business district | 14 km |
| Nariman Point / Fort | 22 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.
🔒 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.
🔒 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.
Should you buy in SETHIA DARSHAN?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Last checked against the RERA register: 27 Jul 2026