DEM Phoenix
MahaRERA Property Intelligence · Mumbai Suburban
P51800015798 · Bandongri, Malkani Estate · promoter Sai Enterprises
| MahaRERA registration | P51800015798 |
| Registered on | 26 Mar 2018 |
| 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.
MahaRERA's cost filing puts construction at ~86.0% of the estimated project cost incurred as of the last certificate (₹215 spent against a ₹250 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 453 homes filed with MahaRERA, 453 are sold/booked and 0 remain available (~100% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹340.14 Cr in agreement value so far. Of that, ₹285.19 Cr (~84%) is already collected, ₹54.95 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 449 registered agreements, the effective carpet rate is ₹20,731/sqft (typical range ₹17,079–₹22,084) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
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+42 and 453 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| Sethia Imperial Avenue | 1 | G+42 | 453 | - |
Unit mix on the filing: 453 residential.
24 complaints are on the MahaRERA record for this project, with orders passed in 23. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC006000000057056 | 27/11/2018 | Ankit Kirtikumar Zhala vs Sai Enterprises | order passed |
| CC006000000055724 | 09/08/2018 | rama infraprojects pvt ltd vs Sai Enterprises | order passed |
| CC006000000056899 | 13/11/2018 | KR Ranjan and Mrs Sumitra Ranjan vs M/s Sai Enterprises | order passed |
| CC006000000056992 | 20/11/2018 | Vikrant Kumar Amit Yadav vs Sai Enterprises | order passed |
| CC006000000056993 | 20/11/2018 | Rupesh Vadhia vs Sai Enterprises | order passed |
| CC006000000057896 | 04/02/2019 | SANGEETA RAVI PUNJABI vs M/s Super Construction | order passed |
| CC006000000171853 | 27/12/2019 | Bharati Rathod vs Sai enterprises | order passed |
| CC006000000078287 | 04/03/2019 | SAHIL JJINDAL vs M/s. Sai Enterprises | order passed |
| CC006000000078286 | 04/03/2019 | ANKUSH J JINDAL vs SAI ENTERPRISES | order passed |
| CC006000000079348 | 30/07/2019 | MANOJ TALSANIA vs Sai Enterprises | order passed |
| CC006000000090006 | 06/07/2019 | Mrs Shweta Lall Akella and Mr Chakravarty Akella vs M/s Sai Enterprises | order passed |
| CC006000000197206 | 10/11/2021 | Mansuri Sharifulla Khan & Najma Sharifulla Khan vs Sai Enterprises | order passed |
| CC006000000192229 | 23/01/2020 | Sandesh Suhas Nalawade vs M/s Super Construction | order passed |
| CC006000000192556 | 11/02/2020 | DEBDUTTA BANERJEE AND DEBKUMAR BANERJEE vs ALL DIRECTORS OF SAI ENTERPRISES | order passed |
| CC006000000220955 | 25/04/2022 | Basantraj Meghraj Sethia vs Ankush J. Jindal | order passed |
| CC006000000220958 | 25/04/2022 | Basantraj Meghraj Sethia vs Sahil J. Jindal | order passed |
| CC006000000220959 | 25/04/2022 | Basantraj Meghraj Sethia vs Mr. Sandesh Suhas Nalawade | order passed |
| CC006000000220961 | 25/04/2022 | Basantraj Meghraj Sethia vs Shweta Lall Akella | order passed |
| CC006000000303685 | 26/12/2022 | Divya Nikhil Killa vs M/s. Sai Enterprises | order passed |
| CC006000000429372 | 21/02/2024 | Punit Kumar vs BASANTRAJ MEGHRAJ SETHIA | order passed |
| CC006000000079000 | 29/04/2019 | MADHU ALVANI & BINA KAMAL KHIANI vs Sai Enterprises | order passed |
| CC006000000429418 | 01/03/2024 | PREMLATHA AKHILESH AGARWAL vs Sethia Infrastructure Private Limited | order passed |
| CC006000000479901 | 02/04/2024 | Ms Christina Macwan and Mr Royson Oliver vs Sai Enterprises | order passed |
| CC12602429 | 25/04/2026 | Ravi Punjabi vs Super Construction | pending / no order on file |
The promoter has declared 4 court cases on this project to MahaRERA. 2 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.
| Court | Case no. | Year | Status |
|---|---|---|---|
| States Consumer Disputes Redressal Commission | no 17/180 | 2017 | Disposed Off |
| States Consumer Disputes Redressal Commission | no 17/182 | 2017 | Pending In Court |
| States Consumer Disputes Redressal Commission | no 17/183 | 2017 | Pending In Court |
| Maharera | AT006000000053296 | 2021 | Ongoing |
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 |
|---|---|---|
| 30 Dec 2023 | 29 Dec 2024 | DUE TO COVID 19 NOT ABLE TO COMPLETE PROJECT GRANT US EXTENSION TILL 29/12/2024 |
| 30 Dec 2023 | 31 Dec 2026 | Firstly we would like to inform you that we have successfully completed the construction of the building. Our project is Stilt + 40th floors out of which we have already obtained p |
Located at Bandongri, Malkani Estate, Western Express Highway, Borivali, Mumbai Suburban, 400097. Per the filed land record, the plot is bounded to the north by Rehab Building, to the south by Western Express Highway, to the east by Western Express Highway and to the west by 18 Mt Wide dp road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~7 km away — a manageable everyday commute to a major job hub.
| Landmark | Straight-line |
|---|---|
| Andheri MIDC / SEEPZ | 7 km |
| Powai / Hiranandani business park | 10 km |
| Chhatrapati Shivaji Int'l Airport | 12 km |
| Bandra Kurla Complex (BKC) | 14 km |
| Lower Parel / Worli business district | 22 km |
| Nariman Point / Fort | 30 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 Imperial Avenue?
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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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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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